July 11, 2008
Passport To Wealth - Review - Scam?
Passport to Wealth 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 price of $997.00 they say you are get internet marketing tools with a value of $75,000.00. Once you join you have the resale rights to this bundle of software. The product seems to be in demand and with a purchase price of just under $1000.00.
Compensation Plan 2-Up:
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.
Then, you have to work and try to make the first two sales. Which your sponsor should help you with because he or she is paid from your first two sales ($997 X 2 = $1994). Now you just started your home based business which cost you $997 then you have to pass-up 2 sales of $1994 a total almost $3000.00. This is difficult for someone just starting out as an internet marketer.
After you make your first two sales you can now start to make money but now you have become your sponsor's competition. You hope you have learned all you need to have from your sponsor in the beginning. You may find it hard to reach your sponsor now, because they are busy helping their new people with their first 2 sales.
In conclusion, Passport To Wealth 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.
The next issue is if you sponsor someone that is making a sale each day. You only make money from their first two sales. You have just trained this person and now they are your competition. You don't have any reason to continue to help your new competitor.
With this said some experienced internet marketers do well with a 2-Up plan with Passport To Wealth. If you are just starting out you may have a hard time. If you don't mind passing-up your first 2 sales then Passport to Wealth may be right for you.
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