Posts Tagged ‘Internet business opportunities’
Internet Business Opportunity, Review #1
IGNORE THE INFORMATION IN THIS POST. W4A NO LONGER EXIST IN THIS FORM. DO NOT REGISTER WITH THIS PROGRAM. I WILL KEEP REGULAR READERS UPDATED AS AND WHEN I HAVE FURTHER NEWS.
In a past article, I asked the question; Can Internet Business Opportunities Work? I was referring, in particular, to membership type programs.
I stated that I had been looking into a couple that I’ve come across on my journey through the Internet. After a period of research, and some soul searching*! I decided to enrol with one of the programs (it’s free to register). So here, I thought it would be a good time to give you a little update of how things are going with that, along with an idea how it works.
On August 6, I enrolled with Wealth4All. I didn’t activate that membership (become a paying customer) until Aug 8. You become a customer once you pay a registration fee ($10), and purchase Training and Advertising Packages. These come in 5 levels, with a series of 12 Packages in each level. You start with however much you can afford to buy, but you can start with as little as $26.00. This will pay your registration, and get you your first Package.
After 10 days, your Package will cycle, paying out a set amount, then it will begin the process again, paying you a set amount in a further 10 days. This continues for 6 cycles (60 days). After that 6 cycles is up, it will then pay you at 50% every 10 days for a further 60 days. That Package will then expire after a total of 120 days.
The pay out is set at 50% to your Ewallet, and 50% is a mandatory repurchase, which will go toward buying the next Package in line. This mandatory repurchase automatically buys that next Package for you, so by the time your first Package expires, you already have the next Package active.
As an example, I will run through what would happen with just buying the first Package alone would do for you here. I will assume that the repurchase is left set at 50%.
Registration fee $10
Purchase level 1.1 $16
Total cost $26
Cycle 1 ( 10 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $ 4.50
Cycle 2 ( 20 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $ 9.00
Cycle 3 ( 30 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $13.50
Cycle 4 ( 40 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $18.00
Cycle 5 ( 50 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $22.50
Cycle 6 ( 60 days) $ 2.25 to ewallet $ 2.25 to cycle bucket. Total $27.00
Cycle 7 ( 70 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $29.25
Cycle 8 ( 80 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $31.50
Cycle 9 ( 90 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $33.75
At this point, the system will automatically buy level 1.2, so that the above sequence starts over for you. You would be left with 87 cents in your cycle bucket and $16.875 in your ewallet. But let’s carry on to the end of 1.1
Cycle 10 (100 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $36.00
Cycle 11 (110 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $38.25
Cycle 12 (120 days) $ 1.125 to ewallet $ 1.125 to cycle bucket. Total $40.50
That is where you would lose 1.1. That package has now expired. But! It’s left you with $20.25 in your ewallet and $ 4.245 in your cycle bucket. Further to that, add the $ 6.75 that package 1.2 has placed in both ewallet and cycle bucket from its first 3 cycles during the same period. That leaves you with $27.00 in your ewallet, and $10.995 in the cycle bucket towards buying 1.3 for you. Obviously, nobody pays out in half cents, I’ve just put it in like that for illustration purposes. Those actual figures would be rounded up/down accordingly.
As you go up the levels, the cost increases, but so do the returns! You also have the option to set your repurchasing up to 100%. This means that instead of $ 2.25 going to the cycle bucket, and $ 2.25 going to your ewallet. The whole $ 4.50 will go into the cycle bucket. In that scenario, you will see that the next package in the example above, will have been auto purchased for you on cycle 4 instead of cycle 9.
The real beauty of this system is, it has no matrix. You can still earn good money from this via your packages, without having to worry about recruiting anybody else to make money. If you did recruit one person, you will earn a bonus from them, but you wouldn’t earn anything from people that they recruit. It only goes one level deep.
As an example, lets say you recruit 10 people, and each of those people spent $100 on buying Advertising Units ($160 in total), making $1000 ($1600) total, you would earn 10% of that $1000. That is $100 you’ve just earned, on top of your cycle earnings. That gets paid into your ewallet, not your cycle bucket. That bonus continues to be paid to you every time that persons TAPs repurchase. If you wish to make additional purchases of TAPs, you can do that manually, or you could just withdraw it and go treat yourself, and why not. {additional note: Wealth4All used to pay a one time fast start bonus of $5 for each person you recruited. For the time being, this has been suspended}.
For me, this is a 100% recommendation. I wholeheartedly urge you to take that step. What we have here is a genuine opportunity to increase your wealth, or maybe replace the income from your job. The Wealth4All Founders are bending over backwards, and jumping through hoops to make sure that this complies fully with US regulations. They want to make sure that this is around, and making us money for a long time to come. Unlike other programs out there (Zeek comes to mind here!)
If you are going to get yourself involved, the following are some points I feel may assist you to speed up the process, or at least make things easier for you.
Get yourself on Skype if you aren’t already. Wealth4All have chat-rooms set up on there. These are ideal places to connect with fellow members around the globe. There are also Wealth4All admin usually on hand to help with any queries you may have. You even get help from other members. This can often be faster than raising a ticket at the site.
You need to register at Wealth4All through an enroller to receive your own account ID. Don’t forget that registration is FREE. Once you receive your own account ID, you need to register for I-payout in order to move funds in and out of your Ewallet. I would also personally recommend that you link your bank account to I-payout for ease of transactions. You will need to verify your bank account, but this is quite straight forward. You will need to scan a voided check and a bank statement, ready to send off for verification. To do this, you just need to follow the instructions given at I-payout. Don’t forget, doing all of this will not cost you a cent! If you don’t want to use the bank, you can use a payment processor, like SolidTrustPay. The latter option is not one I would recommend though.
Once you are registered at Wealth4All, your account status page will show your account ID and also your enroller’s. Along side your enroller’s ID will be a graphic of an envelope. If you wish to communicate with him/her, you just need to click on that and you are able to send them an email. You can only join W4A through an enroller.
I would also advise starting with as much as you are able to. That will really speed up your earning power! However, at the time of writing, the maximum lifetime out of pocket expenses you are allowed to incur is $2900. This figure is recent, and may possibly have been changed by the time you’re reading this. That is still a lot of money, and would give your earnings a great start.
$2900 would pay your one time registration fee of $10, and buy you TAP 1.1 through to TAP 4.12, leaving you $10 change. Before you know it, you will have over 1000 Advertising units. that is the minimum I’m personally aiming for. At that point, you could reset the repurchases to 50% and withdraw $450 every 10 days, or $1’350 monthly. That way, in three months time you have your initial purchase cost back, plus $1’150 extra.
For myself, I’m currently at TAP 2.2 (at time of writing), I wasn’t fortunate enough to be able to afford to go in at a higher amount. I made initial purchase of 1.1 & 1.2. Then 4 days later 1.3 through 1.12. The good thing about splitting it like that is I’m not waiting 10 days between cycles. I wait 4 days, then I wait 6 days. Makes it seem a lot better, those first 10 days do seem to last a lifetime. So yes, I would advise splitting your purchases a little. My own intention is to add cash as and when I can afford to, to boost my earning potential by reaching my AU target of 1000.
Overall I am happy that I took that step forward and enrolled at Wealth4All. Given that I didn’t have a lot of cash to start with, it will take me some time to get to my target, but do you know what, I still made the right move. It’s a marathon, not a sprint, and the more Taps I can buy, the sooner I can hit my target. Eventually, this will give me a passive, healthy income for a long time to come. It can do the same for you. Don’t delay! get involved today. To contact me by email, click on the envelope graphic by my ID number at the site. I’ll do all I am able to, to assist you starting out.
Until the next time, be wise and keep your chin up.
*There are many of us out there who have been victims of scammers, or got involved in something that we shouldn’t have, so the soul searching will have had a lot to do with a good share of healthy skeptisism. Almost everything we do in life involves risk. I like to take calculated risks, and the math here seemed to work in my favor.PS. Don’t forget to share this post on twitter or pinterest if you like it. Thanks.