Have you ever ‘failed’ at Network Marketing, or any kind of home business? I admit that I have. I ended up sinking close to $10,000 into Herbalife…about half of that was getting started and buying $4000 worth of products for a Buy Passports ‘Supervisor’ order…and the rest, my coaches/upline dragooned me into buying into their ridiculously-overpriced advertising coop ($500 buy-in gets you 5 leads, and you were supposed to buy 3 or more of these ‘wheel slots’!).
I might have had about $5000 in income come in…but I spent countless hours calling my overpriced leads, calling my downline’s overpriced leads, and training my downline, most of whom disappeared because they weren’t making any money.
So you need not feel embarrassed in my company, if you have ever been unsuccessful in network marketing.
What Does it Take to Achieve Success With My Internet Business?
The financial fiasco with Herbalife taught me that although there IS a ton of money to be made with internet business, I needed to find the RIGHT business opportunity, and more importantly, the right Mentoring Group within that business to join.
A preliminary Google search revealed the Top-Tier Internet Businesses. Darren Gaudry’s Passport to Wealth caught my attention immediately because of the products, which included a comprehensive suite of internet marketing software and resources, and the compensation plan: it is an Australian ‘2-up’ plan, which means each new member you sign up will ‘pass up’ their first two sales to you, their sponsor. Their third sale, they keep 100% of the $997 profit.
Meanwhile, the two sales they passed up to you? Guess what…they both will pass up their first two sales to you too!! Do you see what I mean, about how you could just make a few sales yourself and still have lots of money flooding in?
Thus I began to do some serious research into Passport to Wealth…I was NOT about to get scammed again. Well, technically I didn’t get scammed by Herbalife…it IS an amazing product, but I did feel that my mentors ripped me off by selling me $4500 in ‘wheel slots’ that cost $500 a piece for a lousy 5 leads, who were little better than flipping through the phone book. Seriously, I had leads who thought they were applying for a job at a doctor’s office…
So I searched every work-at-home forum and ranking site that I could find for details about Passport to Wealth. I was looking with a critical eye, for some little piece of negativity that would dissuade me from spending $997 to join.
I didn’t find it. Instead, I found some incredible testimonials from real people who had been taught how to Earn Money Online by the Passport Mentors4U team.
I will now share with you the pros and cons of the Passport to Wealth business opportunity. Let’s start with the cons.
Passport to Wealth Cons
a) $997 to invest –Although this isn’t so much of a barrier now, with the $600-$1200 tax rebates on the way as a result of the Economic Stimulus Plan, in the past this investment requirement could make it difficult for many aspiring entrepreneurs.
b) 2 Sales to Qualify –With Passport to Wealth, you pass-up your first two sales to your sponsor. Although this isn’t actually a ‘cash’ expense, that is still $2000 that you are passing up to get qualified. Of course, if you can get two sales, you can get more…it’s not the money itself that has the value, but the skills that you gained in the PROCESS of getting those first two sales.
Passport to Wealth Pros
a) No Phone Calling Required Coming from Herbalife, where the modus operandi is to ‘Call your leads 3-4 times per day’, it is SUCH a relief that I don’t have to talk to people on the phone anymore. You can either have Professional Sales Associates (PSAs) call your prospects for you (for a commission on the sale), or if you join the Passport Mentors4U Team, the leaders call your prospects for you for FREE, as a service to members.