Passport To Wealth Scam - Read Blog Before You Join
PassportToWealth created by Darren Gaudry, is a company that provides opportunity to have home based business. Passport to Wealth promotes and sells their products by way of direct marketing. It has various software programs based on internet marketing. These software programs will cost you $997.
The internet marketing software is claimed to have a value of $75,000.00 which cost $997 and when you join you have the resale rights for the sale of the software bundle. At first glance you get $75K of software and scripts for only $997.
2-Up Compensation Plan:
Passport to Wealth adopts “aussie two up” plan. It is a well-known marketing plan. Passport to Wealth allows you to start with a cost of $997 and get the internet marketing software.
Next you now need to make your first two sales with the help of your sponsor. Remember this compensation plan is a 2-Up plan which means that you are going to give your first two sales of almost $2000.00 ($997 X 2 = $1994) to your sponsor. If you are just started this home based business you may find this difficult to pass-up almost $3000.00.
Now you’re at a stage where you have made your first 2 sales and you can start to make money. The thing is you have now just become your sponsor’s competition. Now you ask yourself have I learned all I need to know to become a successful internet marketer? You may try to reach your sponsor but you may find her/him hard to reach, they are busy trying to help their new home business owner’s make their first two sales.
In conclusion, PassportToWealth is not a scam. The software is a real product that you have resale rights that you can sale online. What I found an issue with is the compensation plan where you have to pass-up your first two sales to your sponsor.
To me the idea of training two people all the time to become my competition and not building a team is a concern with the compensation plan. I would want to train each person and work as a team to build our businesses together. Just think if you sponsored a person that is making three or four sales a week, you only make money on their first two sales. You’re losing a lot of cash for your hard work.
PassportToWealth 2-Up compensation plan is going to be hard for someone learning how to market online. A experienced internet marketer this compensation plan may just be right for you.
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You may have overlooked the most obvious wort against this design. Commissions are 100 percent negotiable. That’s the dirty lttle secret. Few realize that.
Let’s say you want to join, as a dozen do every week. What you do is approach someone who is already “qualified”. You then make this pitch. “I’m coming in and I’m shopping for a sponsor. Would you privately and secretly accept a cash shipment via Priority Mail of $75.00?”
Would every qualified person go for this deal? No. You may have to approach 3 or 4 such people to find one who says Yes. But you just got in for ten cents on the dollar.
The fact is, some shrewd qualified insiders would accept you for nothing on the idea that you might be worth two pass up sales to them later.
Very, very few of these people ever think of offering less money than $997.00.