What is Passive Wealth Booster? – Surely it’s a way to boost your wealth, Passively?
Well if you want to know the details and find out if the claims that are being made with this ‘business opportunity’ are true, is this a real business opportunity or a scam, find out here:
Product Name: Passive Wealth Booster
Website url; https://www.passivewealthbooster.com/
Cost: $10 minimum and a $5 joining fee.
My Rating: 1 out of 5
My Recommendation: Passive Wealth Booster
What is Passive Wealth Booster?
Passive Wealth Booster leads with the line, turn $20 to $505 over and over again.
This is what is known as a cycler and the way that you make money is that money is created when new people join. This is the only way the volume of money builds so that more can be paid out. Technically this is an illegal Ponzi Scheme, but they get around this by selling advertising as their product (without a product to sell, this scheme would be illegal).
You purchase a position in the matrix, and this determines your payout level.
So the continuation of this program very much depends on new people coming in.
So what does this mean?
That marketing efforts will have to be huge. You have probably heard the old adage, its much easier to retain an existing customer than it is to recruit a new one. And this is very true, especially in the case of Passive Wealth Booster. And you will be responsible, in part, for generating your own recruits. If you have ever tried doing this online before, you will know just how hard it is.
Check out the sales pitch by Passive Wealth Booster.
By the way, the lady talking in the video doesn’t actually work for Passive Wealth Booster as she alludes to. She’s a paid actor from Fiverr.com, see the pics below. She is not giving a testimonial about how great it is, so there is nothing wrong with this, but I have seen these kind of actresses, and this specific actress before, on so many scam programs, that it bothers me.
How does a Cycler work?
I will keep it as simple as possible as sometimes these ‘systems’ can be very confusing to understand. So much so that you just look at the numbers and just go for it.
The idea is that you purchase a ‘spot’. And you do this through buying the product which is advertising for your £10. Don’t be fooled, this is a facade to try and keep the entire thing legal. The real way to cycle with Passive Wealth Booster is to recruit people. Every person you recruit goes into your matrix and the money they invest is cycled up to you.
You can see that the new people joining, the people at the bottom of the pile, or the newest entrants will not be making money. They are merely fuelling the pockets of those further up the system. So the question you have to ask, is how long will it last. Will you be the last one in who loses everything? It’s most definitely a risk,
Who is it for?
Well they say it’s for anyone who wants to make money online. So many people are looking for a way to earn an income online, and quick fix solutions like this appeal to these people.
But if you are one of these, I have some bad news. It’s not possible to make a full time income this way with no work. Any push button, passive income programs that tell you this are misleading or a scam. There are opportunities out there to create an excellent full time income you just need to know where to look.
Is Passive Wealth Booster a scam?
Now, don’t get me wrong, you can make a little money with this sort of program, if you are at the top of the matrix, but it comes with a really high risk. This to many determines it a scam. The reason being that the business can go under at any minute, with your cash all tied up and with no recompense. And it’s too late to be a the top, so this boat has sailed.
I guess you could say this is true for any business, but the cycler business model as used by Passive Wealth Booster has shown time and time again that it has a short life cycle.
If you like taking risks, then maybe a short term investment in Passive Wealth Booster might be good for you, but personally I would NOT recommend it, I Have seen so many people just lose money this way over and over again. This is not a way to make an income full time and your money is locked in so you can lose it any time. Can you live with that?
If you are not into taking big risks but want to start your own online business with a solid footing that will last a lifetime and grow and grow, then I suggest you check out my top recommendation where people are making $10,000 a month with their own business that will not suddenly disappear.
I hope this review of Passive Wealth Booster has helped you to understand a but more about what it’s about, and helped you to decide whether it’s the right business opportunity for you.
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