Are you researching Lawn Chair Millionaire and are wondering if it's a legitimate opportunity or a scam? This article will give you an unbiased review of the program The question that most people have about the Lawn Chair Millionaire program is whether or not they can truly earn a passive income. We'll try to get to the bottom of this question in this article. The Ploy To Join Lawn Chair Millionaire launched on Dec. 7, 2007. Upon visiting the website, you are immediately enticed to join the program right away through the fear of loss technique.
There is a ticker on the site that displays the moneyline pool that is paid out daily. A lot of people will be drawn into this ploy right away just because they don't want to miss out. Therefore, making their marketing technique successful. The site promises you a certain amount of money and continuously urges you to lock in your position before it's too late.
If you happen to not join immediately, but rather opt-in to receive more information, you will be bombarded with obnoxious emails. The emails continue to utilize this "fear of loss" technique by warning you that until you join, you are losing out on commissions. How It Pays So how does this pool of money pay out anyway? The truth is that the moneyline pool pays out only on the members that join the same day that you join.
This commission is then paid out over the next 3 months. It costs $80 to join the program and if your moneyline commission for joining that day is $80, then you will be paid that over 3 months. The program does pay a $20 fast start bonus and a $15 monthly residual income. Remaining in the program will also cost you a $25 monthly fee.
So let's do some figuring. If you remain in the program for 3 months, it will cost you $130 and you will make $80 in return. Does that seem like a wise passive income investment? On major obstacle is that you are required to obtain the company's debit card to be paid your money. This debit card costs $39.99.
So basically you are paying the company to pay you. Conclusion While the Lawn Chair Millionaire program is not a scam, it is not going to earn you a substantial online passive income. A lot of people are looking for a "get rich quick" opportunity. Unfortunately, to earn a great income online you are going to have to put in some time and work.
If you want to work hard, sponsor others, and conduct training, then you could possibly do well with this opportunity. However, if you are not interested in sponsoring others, then it looks like you're going to have to keep looking for that golden opportunity.
If you are looking to earn a Substantial Online Income, visit Brian's Big Ticket To Wealth website. Author: Brian McCoy is a successful 6 figure earner in internet marketing and a success coach who specializes in helping others become full time internet marketers.