I have been following the video’s on Youtube involving Income school, and i am quite astonished at the information that the 2 founders have compiled and are freely showing. They are displaying some really good advice and facts, backed up by actual evidence that i think that anyone serious about learning internet marketing should have a look at. When you see what they have to offer i think you will be quite surprised. The best part about it is that there are 2 actual live persons that you can see and hear and not just a voice behind a microphone .
As for where I made the pyramid scheme analysis, it may be stretching it a bit far, but Investopedia says it well, “If the recruit gets 10 more people to invest, he or she will make a profit with just a small investment.” Sound a lot like getting a person to join Wealthy Affiliate, though I’d be fine if it was just a product and nothing else. Sure it may offer all of those resources like keyword research and hosting, but that’s just the bread of a hamburger, meaning the true “meat” of the program is the fact that it teaches you how to build an online “business” in which you are an affiliate for certain products. May even be a bit like MLM, but instead of the participants who recently joined receiving a smaller percentage of the money in which they got others to join (WA gives half, I’ll recognize that), they will still struggle in the end trying to build a website and generate traffics to have products bought through them in such a saturated market. Such reality cannot be downplayed in a review for Wealthy Affiliate.
You can sell your ebooks through Amazon's Kindle program or Apple's iTunes Connect, which gives you access to a large majority of the digital-book reading market and the barriers for entry are incredibly low. You don't need to invest lots of money to make this happen, but you do need to invest lots of time, not only in writing the ebooks, but in marketing them as well.
I know for a fact that English is not the first language of my “sponsor” and got several automated messages from him. I actually challenged him at his own website about WA several weeks ago using my own name and any negative comment that I made have now been removed from his sales page. Direct messages sent to him can produce some interesting answers as he clearly does not understand English. So in conclusion, I have enjoyed most of my dealings related to WA, although they can become annoying at times. If anyone is gullible enough to part with their money to spend on such a charade, they only have themselves to blame. I just glad that I was never infected even though I thought about it once upon a time. Now I have no doubts and will continue with my own “proper job”. 😂
If you design a wildly popular app (which is harder than it sounds), you might be pleasantly surprised with the income they generate. Offering one or more apps at the iTunes or Android app store gives your creations wide exposure to prospects. And income can be generated by charging for the app, displaying in-app ads, or charging for in-app features and upgrades.
Then once you’ve got your domain name and hosting sorted out, it’s time to pick a CMS, or Content Management System, that will let you update pages, build your blog and integrate with all the other services you need. It’s hard to go wrong with WordPress—the CMS powering close to a quarter of the internet. Keep in mind that eventually as you start growing traffic to your blog, you'll be wise to invest in a managed WordPress hosting plan from a company with great service like Kinsta, where all of the settings are custom-tailored and optimized to work particularly well with WordPress-powered websites.
If you don’t mind doing other people’s chores, then TaskRabbit is a great option for making money online. Earn extra income by walking your neighbor’s dog or mowing Mr. Smith’s lawn. It might seem like not the most lucrative option, but the top taskers reportedly earn as much as $7000 a month, making this a full-time way to make money online for some.
Join a startup accelerator: Another great option is to apply to a startup accelerator like Y Combinator, 500 startups, or TechStars, where a group of investors will help coach you, connect you with potential partners, and provide startup cash in return for a small stake in your company. The competition is tough to get into these, so don’t rely on them as your only path forward.
In most blogs I usually skip the post to the end. But your post is one in a million, so I read it from start to finish. I was a member of Wealthy Aff (2007 – 2010, then 2013 -2014). 110% agree with you. It seems that not just the sales letter but thousands of WA members are over praising WA all over the internet, like it will make people money 100% guarantee, while in most cases that just isn’t true. The main method is SEO and thanks to G Panda and Penguin getting ranking takes months and even more time to produce first sale. While it is a good place for beginners, since they walk you through steps like WordPress and important SEO techniques, but it will take time, perhaps years to see result. Which is a problem since WA charges monthly for their training. New members could spend over $500 on WA membership before seeing their first check. Also, I agree with you with the WA Bootcamp part. It misled newbies to promoting back WA while they still fail to make the money. I tried promoting WA myself and it was very hard to make even one sale and even worse, that referral only stayed for 3 months and then cancel his membership. That time I already have experience and made money in other niches. Despite all that, over 100,000++ websites on the internet a promoting WA, especially review sites like onemorecupof-coffee. Those review sites kept bashing other legitimate products like Bring The Fresh and recommending the readers to go for WA instead.
Good to hear from you man. I couldn’t agree any more, continuous writing and not being rewarded for it in the ways you want can be very disappointing. I’ve never heard of Textbroker until now, I’ll make sure to give them a look, I’m glad you brought that up. Yeah, I was reading through a couple of your comments in this article and it sounds like WA had that direct linking system back when they were starting out, and then grew into blogging. Those are the two systems of affiliate marketing-one for direct linking and doing as many niches as you’d like, while the other WA claims is a “long term business” to stick to one niche and build out your links through articles, reviews, etc. Great points, WA does make it seem like you didn’t try hard enough to breach your success, and the same goes for the people there…
Thanks for the reply, but you didn’t really deny my statement that being an affiliate for Wealthy Affiliate is essentially being part of a pyramid scheme. My review was mostly negative though, so I’m not really an affiliate. But why is it that you barely mentioned how you have to struggle to make money via commissions in Wealthy Affiliate? Or how most of the program consists of writing content? Could’ve mentioned how this program is not for people not really interested in writing because you have to be interested and love what you do in order to be committed. You only mentioned that this is not a get rich quick scheme like once, which is cliche nowadays because of that Tai Lopez guy, so people may think that only time is needed, but making money will be a piece of cake. False reassurance essentially. Meanwhile, most members are struggling to make a commission based on the blogs I read. That’s why I will just focus on product reviews and not stress out about writing articles. Lastly, I feel like showing your earnings is not exactly proof, but rather motivation for them to join as they feel like they can make that too, but that only means you keep receiving the earnings to get new people in the future to pay for membership and repeat the cycle.
Kanayo, You made the smart decision. IM is incredibly labor intensive and if you can’t conceivably devote the time and energy required, it’s not worth pursuing. I arrived at a similar conclusion once my agency business grew to a point where I had to choose one path or the other. For me, as it was for you, the choice was easy. At the end of the day, I feel much more fulfilled when I’m helping others rather than simply making money.
ClickBank allows you to join for free, and the approval process is virtually automatic, so it’s a great choice for people entering the affiliated game for the first time. ClickBank has a ton of information, including FAQs, walk-throughs, and videos available, so the barrier to entry is quite low. There’s also a (paid) program called ClickBank University with courses and assistance from experienced marketers.
Craig. Don’t care if you publish this comment or not but this needs to be said. You are a tool. A fuck-wit. A stupid moronic poophead. A no good idiotic piece of rodent poo. You should be silenced…gagged, water-boarded and smacked in the head with a blunt object. Get out of your mother’s basement, turn off the internet kiddie porn, put out your blunt and go outside for some fresh air dude, I think your brain is fried. Cheers, Rachael
One of the reasons I like Wealthy Affiliate is because it enables me to provide this blog for free to people, but also be able to sell a genuinely high-quality product that I know is always updated and provides a better service than I ever could. Plus, when people sign up using my affiliate link, I can still provide one-on-one coaching and support as a way to add value and as a “thank you” for signing up using my link. Wealthy Affiliate truly is a win-win-win setup.
I have a paranoid idea, but as a newbie to this world of WA , I have a dark feeling that there’s no reason why WA could not simply read business ideas that are posted in their free membership sites and then copy any of the feasible ideas you’ve researched through their free ‘limited trial’ research tool for keywords. The owners thereby get vast free market research, and snap up any lucrative ideas, and you have no legal ownership of the free site content. Am I paranoid? Would love to get your take, or anyones’s take on this. I didn’t buy a domain, I have as yet not signed up, and have removed my content, – but have I just potentially given my business idea away?
Tradedoubler was founded in 1999 by two young Swedish entrepreneurs. They have offices in the UK and multiple countries throughout Europe, including Sweden, Germany, France, Poland and Spain. Their focus has always been to provide smarter results for both clients and affiliates through technology. In 18 years, they’ve amassed an army of 180,000 active publishers, connecting them to over 2,000 merchants in Europe and the UK. Many of these merchants are household names.
Established in 1997, FOREX CLUB (the company) is the brand name for a group of companies that provides clients from over 120 countries with platforms and services for trading forex, CFDs and other online trading and educational products. We offer every client effective tools in training, analytics and education, as well as personal support where they want it. FOREX CLUB has over 650 employees worldwide. In 2011 alone, over 45,000 traders chose to learn forex trading with us. FOREX CLUB was one of the industry’s first to offer zero spread trading and commission refunds on all unprofitable trades.
I’m sure there are people making lots of money from affiliate marketing, but these probably tend to be people doing launch jacking. If you have no conscience and you want to earn lots of money, go for it. I’m sure it’s not actually that difficult to learn. Jeff Lenney has a blog post all about it. By the way, he’s the guy who got taken to court by WA for daring to write a negative review [Craig, feel free to remove that bit if you want].