Last night and today I have been researching a lot of "Money making Systems" while also paying attention to my Cashcrate account for any activity. I have looked over Money making systems like "the reverse funnel" and am still looking into "Global Domain International" or .ws.
The "
Reverse Funnel" seems to be an MLM that requires you to pay $50 to join up, supposedly weeding out those who don't actually want to put anything into it...(If you ask me it's just another way for the upline elite to make more money. ) Anyways, after you sign up you are supposedly given all the tools and information needed to make butt loads of money. But before you can do that you need to be willing to invest $1,000-$3,000 in some sort of product, from what I read it was a timeshare, and then you must also work on marketing the product. YouTube is cluttered with hundreds of "Reverse Funnel" promotion videos, each one with a different link to another persons referral page. The whole point is to market "the system" because the more people in your downline making money the more you can make. It's an MLM...that is said to work, but not nearly as well as they proclaim and you must be willing to fork out a whole lot of cash for this investment. If you have that much cash on you, why not create your own MLM and start from the top, because it's those on the top making the big bucks. The internet is so cluttered with marketing from other people trying to get referrals, for that same site, that you might as well forget stumbling upon a decent downline without putting forth a whole lot of effort.
"
Global International Domains" is still an MLM and probably has the exact same problem, but their offer is much more appealing so far. They offer to give you a .ws domain name, host the site for you, and give you a dollar every month your referrals continue to pay for the service. It costs $10 a month for the service and you collect on the payments of your downline from five levels below you. In theory it can add up very fast and the cost to join is reasonably cheap. The question is, How hard is it to get dedicated referrals underneath you? and how can you make sure that your downline starts to make good money as well?
And last of all
Cashcrate, it is a paid survey website that allows people to make money right off the bat without paying a dime. You register and then start taking surveys, soon after that you will be credited for taking those surveys and make a profit of about $.50 a survey. I started to do this about 4 days ago and have already started to notice things.
1. It is very time consuming to do the surveys
2.they don't pay much
3. some surveys will let you go so far and then abruptly stop before allowing you to complete them.
4. I have completed around 40 surveys so far. I have only been credited for $8.35 with $15.45 still pending.
5. The surveys rarely credit to your account.
6. There is a limited amount of surveys you can take, especially free ones.
Overall my experience so far is a bad one. This too has an MLM system, and if I was to refer someone to this paid survey site, or any for that matter. I could see them becoming very frustrated with it and quiting, which is what I want to do. Something about spending over 3 hours of work and only getting a profit of $8.35 is very disheartening. Not to mention that in order to make the "big bucks" I would need to advertise my referral link all over the web. Around 90% of people would just look over it, the 10% that did look at it might possibly have 3% join, and from the 3% that join about 90% of them would quit. So basically out of everyone hundred people that see the link only about 1 person will put forth enough effort to make you some actual money, because you sure can't make it just by completing the surveys.
