Is 7 Figure Freedom Formula a Scam? Are your curious if it can help you earn some extra cash online? Do you want to know if it id legit or just a fraud? Well, here is my extensive review to help you learn more about it.
Before we jump into the review proper, let me point out that I have always been making reviews about various internet marketing programs. I made this as a passion because I want to impart to everyone my knowledge and experience towards these systems. By the way, if you want to start a legit way of earning, check out the #1 recommended work at home opportunity.
Company Name: 7 Figure Freedom Formula
Owner: Matt Lloyd
Price to Join: $1 (For 7 days); $48 (Monthly)
My Rating: 7.9 out of 10.0
What is the 7 Figure Freedom Formula?
7 Figure Freedom Formula is a training program that claims to help you in making money online. It will cover the steps that you can use to earn money. This training program is a sales funnel for the company MOBE.
MOBE stands for My Online Business Education. It is a company that sells digital products and this program will teach you about selling those digital products. The founder of this company is a guy named Matt Lloyd.
In this review, I will take a closer look at this training program and try to determine whether this is a scam or not. This review is based on my honest research about it. I recommend that you read the entire review before thinking about buying this training program.
How Does 7 Figure Freedom Formula Works?
There are 21 steps inside that you will need to follow to earn money and set up your online business. The system will help you with a website, hosting plan and sales funnel. So all you need to do is drive traffic into it. All the products that are offered inside are digital products and not physical ones.
You will learn affiliate marketing, which involves promoting the products of others to earn a commission. There are so many products inside that you can promote to earn a commission and you can buy the same products for yourself.
This is an MLM company and you will be paid when you make a sale or when someone whom you sponsor makes a sale.
How to increase your earnings through social media sites like Facebook will also be covered in this training program. Email marketing is also tackled inside. By the way, email marketing involves making a list of subscribers and sending them offers from time to time to promote some products.
Once someone buys under your link, you will make a commission. Both email marketing and making money through social media is going to increase your chances of success.
You can sponsor as many people as you like and earn commissions from them. The percentage of commission that you will make from your personally sponsored people would vary from product to product.
Obviously, a high priced product will bring you much more commission than a low priced one. You will also earn a 5% commission from those who are enrolled by your personally enrolled members. Car bonus is available for those who make money beyond $5,000 per month.
I must say that they offer various ways of earning online. But I haven’t discussed the cost of joining yet so just keep reading.
How Much Does It Cost to Join?
The trial membership costs $1 for 7 days. If you decide to continue after the trial, you will have to pay $48 per month. I do not think that the price of this training program is much, but there are a lot of digital products inside that may cost you thousands of dollars.
How Much Can I Earn?
Your earnings will depend on many factors including your ability to utilize the training. This is not a get rich quick scheme and there are many people out there who are selling the same digital products that you are promoting.
You will have to buy the license rights to sell certain digital products and you can do that by buying the digital products yourself. Some of the products are really expensive and you might lose a lot of money if you fail to sell them.
On the other hand, expensive products give you a high commission and if you are good at selling them, then you can make some serious money.
I do not think that most newbie will make a good income through this, mainly because of lack of experience and motivation. A newbie will find it hard to spend so much money on buying the products and many newbies may quit before buying them.
Most experienced marketers may make a lot of money from this opportunity because this is more suited to them. Success is not guaranteed even for experienced marketers and they should be careful about spending in order to not lose them.
Are there Any Complaints?
Yes, and I have listed some of the major complaints below.
May become overwhelming for beginners.
There are too many expensive products inside the program and you may have to spend money after joining.
In my opinion, 7 Figure Freedom Formula is not a scam because there are no clear proofs that they are not real. However, I cannot recommend this to newbies. This can prove to be an expensive opportunity for newbies and they may fail to earn a good income though this opportunity. Experienced marketers may try this business opportunity if they are willing to take the risk.
I am not so sure about the quality of the digital products that are sold inside and the high priced products are not worth the money. The only reason why many people are buying those products is to sell them and earn commissions. Nevertheless, I still leave the final decision in your hands. Good luck and choose wisely.
- Teaches about the Basics of Online Marketing
- Cheap Trial Membership
- Overwhelming for Beginners
- Member Support s Limited
- Products Promoted are Expensive
Is there Other Way to Earn Online?
I know that you want to try 7 Figure Freedom Formula because you want to have an extra source of income. I also feel that you already want to quit your 9-5 day time job.
Actually, I also felt the same way as you before. I thought that making money online is easy. But I realized that it is not that easy to attain this goals. It is not enough to buy a program and just follow the steps and training.
I believe that a support system is far way more important in order to be successful in this type of business. In this way, if ever you have questions about anything, you have someone to run into.
Now, your next question is, how can you really make money online? My best suggestion would be through making your own online business with a support from community. Basically it is a modern way of making money. And this will enable you to enjoy your working time at home.
Basically, you will earn by just following your passion and sharing your thoughts about it to other people.
Right now, I am on my first year in this community and I am already enjoying the fruits of my labor. So, I want to share my success with you.
If you have more questions and concerns about the 7 Figure Freedom Formula, feel free to comment it below and I would be glad to interact with you.
Let me hear your experiences on the comments below!