Passport to Wealth, Scam or Opportunity?
My search on the internet to find an online business opportunity took me to Passport to Wealth. Passport to Wealth is one of the many direct marketing opportunities which you’ll find if you Google “making money in a home business”. I found Passport to Wealth this way, went to a website, and filled out the contact information.
I received a call from Mike, who is a great guy. He was very informative, and answered all of my questions directly. He helped me understand Passport to Wealth and also answered some online marketing questions. From him I found out that the investment to get started with “Passport” was $997.00.
What are you Selling?
Mike explained that as a “member” you receive the opportunity to download countless digital products, most having to do with internet marketing, ebooks, tutorials, etc. You also have a license to market these products for resale. I believe this is a tremendous ides. This all sounded very interesting so I took the next step and went to a “business overview” call.
The call was somewhat standard from my experience. A “leader” or moderator starts the call by reading a canned presentation. This is followed by some testimonials and then a Q and A session. It was explained during the call that the products had actually been “valued” at about $75,000.00 All of this sounded pretty good so I decided to start asking the very important questions.
What’s the comp plan look like?
This is where I started to balk. Passport to Wealth is structured as a “2-up”. What this means to you as a new member is, you’ll pass up your first two sales to your sponsor. These are referred to as training sales. The theory is that once you’ve done this, everyone you sponsor will be passing up two sales to you.
Being involved in another “2-up” and not seeing the expected results, I decided to pass on Passport. I believe that as a new member you put a tremendous amount of effort into getting your business up and running. Why do you want to pass $1,994.00 up to your sponsor? This is all in hope that those you sponsor will wor as hard as you do and pass sales up to you.
In Summary
Passport to Wealth is a valid opportunity with real products. I decided to look for something else because I think that you put so much time, effort, and energy into getting your new business going, its almost demoralizing to give your profits away. Another thing to keep in mind is, once you’ve passed up your first sales, why is your sponsor going to assist you? Aren’t you now going after the same business?
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