Wealth Matrix Review

Lawn Chair Millionaire Review

Article ten 12/07

Lawn Chair Millionaire is a MLM that just launched on December 7, 2007 and is already spreading like wildfire across the internet. The viral expansion of the company raises the question: What do they really have to offer?

According to the company website, there are three ways to earn money:



  • Everyone who joins is given an immediate cash bonus from the Moneyline Pool. Each member's cash bonus, referred to as "shares" of the Moneyline Pool, continues to grow for 60 days from the date they joined as more people enter the program. At first, this seems unbelievable. According to a company spokesperson, the share growth depends on the referral results of others who joined on the same day. The exact algorithm is a well-kept secret. With this formula, it is literally possible to do no work and have your shares grow in value, as long as someone else in your group is working.

  • The second way to earn money with comes from sponsoring others into the business and earning commissions on referrals and residual income on subscriptions to the service offered. This is an improvement on most MLM compensation plans as it provides both a front-end and residual income. The upfront income is $20 per person, and the residual income is $15 per person for each month of their subscription.

  • Finally, "The Vault" is the name of the subscription service available to members that offers financially-based products. The Vault currently contains three products and according to the company website more products are on the way. All current products deal with investment arbitrage methods that are advanced money-management and investment techniques. These products are investment vehicles, so it is necessary to invest in order to earn using these products and there is some level of risk with any investment.

All in all, Lawn Chair Millionaire has a lot to offer. They are using advanced concepts of MLM with up-front and residual income streams. The Moneyline Pool provides an immediate cash bonus making it easy to get started. The company websites are well-designed and informative, giving persons interested an accurate representation of the company. Plus, the potential for both referral commissions and residual income makes Lawn Chair Millionaire an appealing program with loads of long-term potential.

Phil McCollum is an internet marketer who joined Lawn Chair Millionaire shortly after the launch with an objective to offer the training and resources necessary to be successful to new members of his team. He has spent thousands of dollars and countless hours learning internet marketing and is now in a position to help others get started and immediately become profitable. To visit his website, go to http://www.lawn-chair-millionaires.com and explore the training material. After reviewing the material, direct any questions to phil@lawn-chair-millionaires.com

Article Source: http://EzineArticles.com/?expert=Philip_McCollum

Article nine 1/08

Within five minutes of being on the "inside" you'll feel like you've been taken! What could possibly make you get involved in the first place? Is the sales letter that good? Probably not. You're probably interested in either making money, or in learning some useful information. In either case, the "Lawn Chair Millionaire" is seriously lacking!

The sales copy for Lawn Chair Millionaire makes it sound like they have a vault of information full of ways to make more money. Far from the truth! Here are the details about Lawn Chair Millionaire and what it's really all about.

Finally somebody is telling the truth, and not selling you with their affiliate link connected.

The Pitch

A splash page tells you how much you can make in a single week (over $3,250!) with a rapidly increasing dollar amount waiting for you in the "money pool." You can grab your share if you just get in now.

They also talk about their secret vault, which promises a list of places where you can go that are non-mainstream that you will benefit from great investing options. What the vault really is will shock you!

This much is true - the money pool is a brilliant marketing concept. The share of the money pool is really just a discount for the first three months, but this marketing ploy is designed to keep people involved for at least three months. My money pool amounted to this:

Month 1 = $19.52

Month 2 = $23.73

Month 3 = $28.31

Pretty slick, right? That means for a $29.95 a month purchase, I would hardly have any out-of-pocket expense for the second and third month.

Here's the problem, it doesn't matter how much you pay or could earn if the opportunity is merely a money-shell game. Without real value to the product, all you're doing is exchanging money in hopes to get out more than you put in. No price is worth paying for this program! You can bet people will begin dropping like flies once their three month run is up.

The Signup Fee

One of the most aggravating things about this program is the $49.95 signup fee, which is 100% non-refundable. They really soak you before you have a chance to even get inside and look around.

It appears the Lawn Chair Millionaire people are the same group who brought us MyWorldPlus (my review on that was none too friendly). If they told you ahead of time who they were, you might run the other direction. Unfortunately, they cover their tracks pretty well. Only when you become a member do you see the same people involved and by then they have your $49.95 fee no matter what you do.

The Vault

Now comes the biggest disappointment of all, their so-called "vault" of useful investing and money-making information turns out to be a bunch of hyped-up fancy talk. Instead of meaningful information, all you get is a simple list of three other programs that cost additional money. I'll tell you the three programs now, so you can decide whether you want you would rather have paid $70+ just for the privilege to see this:

Program 1:

The Smart Cash System

They call it "the most exciting, simple and fast way to make money that we have ever witnessed!" Which is insider speak for "it's a complete gamble."

The Smart Cash system is a HYIP (High-Yield Investment Program) and there are hundreds of these things out there on the internet. Very few make money, and even the ones that do make money don't seem to stick around very long.

They claim: "11% gains in one day, 54% gains in 3 days, $300 into $3,000 in less than 30 days" and they even give 2 snapshots as proof (yeah, some proof).

I would highly recommend that you stay away from programs like these! Those gains cannot be sustained otherwise people would be turning $300 into three billion dollars in only nine months. Stupid! It won't last! And by the way, it also costs $189 for the privilege of gambling your money away.

Program 2:

60 Minute Trader

Wow.. a program to make a bundle in the stock market. They claim, "If you haven't so much as traded a baseball card in your entire life you can make a fortune in the markets thanks to 60 Minute Trader."

Not only is that statement poorly written, but it's ridiculous! So you've never traded anything, and have no idea what you're doing, but this simply system will allow you to push some buttons and outshine all the professionals. I doubt it. Maybe Warren Buffet ought to quit investing and use the 60 minute trader himself - that'd be a lot easier than actually learning how to invest properly.

Program 3:

FreedomRocks

Okay, this program is the closest thing they suggest which is a legitimate program. However, even this recommendation is promoted as easy money and quick riches, which is misleading and dangerous.

Briefly put, the FOREX (Foreign Exchange) market is wild and can be dangerous if you don't know what you're doing. Supposedly you can just follow the advice of the FreedomRocks system and you'll ride through market waves and eventually make a lot of money. I even did this exact thing for some time and initially did make a hefty return.

Then the market crashed in a big way. The dollar dropped steeply over the course of 3-6 weeks and I lost 97% of my money permanently. From over $10,000 to $262 where the margin call kicked in and I was done.

Now mind you... this was after 1 1/2 years of successfully using the system, following the advice of FreedomRocks and riding out a number of other major market moves. I thought I had it figured out, and then this happens. And it will happen again.

You need to know this so you'll be aware. FreedomRocks is not a scam, per-se, but the methodology is flawed. There is no downside limit to your risk, so you could do well for years perhaps... and then lose it all!

If you are going to invest in the FOREX, you should really focus on learning different methods and approaches. Limit your downside risk instead of the FreedomRocks way (where everything is always 100% on the line).

FreedomRocks also charges you $100 for their system. (this Lawn Chair Vault is looking worse and worse)

And that's the extent of the vault!

Can you believe that?

Three recommendations for other risky programs. Go investigate these three on your own if you really want, but keep your money away from the Lawn Chair guys.

Conclusions

The Lawn Chair Millionaire program is also making money by selling expensive leads through their ProMailer program. If you want to use ProMessenger you have to install extra software, and their compensation plan is vague and never explained in detail ("residual income" they say - yeah but how much and from who?) It's a shame that so many people are supporting this!

Why two inches from a scam? Well, these guys are paying out commissions as promised... so technically they are legal. But there is hardly anything of value here.

Now you know the truth. Tell as many as you can to read this first before they get sucked in and are forced to recruit others just to make money.

David Natiuk is a multimedia marketing professional who helps people learn to make money pursuing their passions. You can get a FREE CD and booklet directly from David at InternetMLMresults.com

Article Source: http://EzineArticles.com/?expert=David_Natiuk

Article eight 12/07

What Is this Lawn Chair Millionaire Program?

Well you are in for a treat now. It was launched for less than 48 hours and is growing by the minute.

The founders have created a simple marketing funnel with a full training program that is showing all new and experience marketers how to use their "Vault" system to generate endless amounts of leads and new members.

Here is My Personal Review Of it:

They have a whole entire back office that you can TRACK and control your advertising. They have all the websites available for FREE and PAID advertising for someone to simply plug into and start generating traffic & leads into the small funnel that has been created.

They have setup a funded proposal where any new member can sign up, and make instant cash through the MONEY LINE that is generated through the entire company. This is also known as a pool where a percentage of the company is shared with all the members.

Next you are paid on each new member you sponsor and that is a $20 fast start commission and then also you are paid on $15 (residual income) for every member that you personally sponsor as long as they keep their monthly membership subscription.

Now Lawn Chair Millionaire has 3 very powerful direct marketing products on the back end. You have the choice to join all three or pick one and use the Lawn Chair Marketing system to promote that specific product.

You see with this system and driving huge amounts of traffic you are building 4 income streams with one system. Each of your new members are not going to be pressured into a specific program, they have the opportunity to review and choose one.

Lets break it down now, this system has CONVERSION...The more traffic you drive to this site the more leads are going to be generated and them turn into sales.

In online marketing its crucial to understand CONVERSION and have the right DATA to prove everything works. It wouldn't be surprising if this new program becomes bigger than many other FUNNEL system available, because of the low start-up cost.

Learn The Secrets and Marketing strategies to generate endless amounts of prospects through one system and convert it into 4 streams of income. You can find a nice review and more details here: http://www.dailydeposit.biz

Article Source: http://EzineArticles.com/?expert=Matias_Leiva

Article seven 2/08

When you first enter the site of the Lawn Chair Millionaire you will notice they flash a large number with $signs right in front of you. This amount continues to go up as you are on the site. They main motive of this is to create a "fear of loss". This emotion is the same thing that has been used since you were a child facing peer pressure in the school yard. Well folks, this tactic is used over and over online to get people to emotionally react to that fear of loss. The site continues to promote that the longer you wait the more you will lose. If you choose to wait and opt in to get emails you will be continually bombarded with emails that will promote the same fear of loss.

So how does it pay? First, lets visit how much it is to join? The cost to join the Lawn Chair Millionaire is $80 to start and a monthly fee of $25 to remain in the program. Here is the next thing that you are not aware of as you join the program. You are required to get the company debit card to get paid, which will cost you $39.99, you are actually paying the company to be able to get paid? Huh? Let us recap the cost. $80 to start and $25 a month over three months that would equal $130. Your moneyline commission is only paid on people that joined that day and then you will receive a commission of $15 per month for those that you sponsor as well as a fast start bonus of $20.

Can I make money even if I don't sponsor? They claim yes! Let us use a moneyline bonus of $80 which is paid out over three months. You would be paid $80 over three months for joining that day and it would cost you $80 plus another $50 for the next two months to cover your monthly fee. In addition you would have to get the $39.99 debit card to get paid. Your total cost would be $169.99 and your payout $80? Huh?

My Lawnchair Millionaire Scam Review conclusion is, while this opportunity is not a scam. To create a true passive income you will need to personally sponsor hundreds of people into this confusing low paying program. I chose to not get involved with Lawnchair Millionaire.

Joshua Valentine is a top internet marketer who works with industry leaders from around the world. He has a passion for helping others achieve their goals, dreams and aspirations. To learn more about Joshua Valentine and his team of Marketing Mentors Click Here.

Article Source: http://EzineArticles.com/?expert=Joshua_Valentin

Article six 12/07

After receiving so many emails insisting on me to take a look at an income opportunity website called "Lawn Chair Millionaire", I decided to study it thoroughly and I came up with some important points. But before I expose these points I must admit that the web site was very professionally built and I think it is very easy to understand and navigate.

As it is stated in their site, the founders of this program have a long history in multi-level and network marketing. They have many years of experience in research, development, testing of alternative ways to make money before eventually finding some well guarded wealth building secrets. The founders began to realize that if they could make massive incomes using these secrets, so could the masses, as long as the entry costs could be significantly reduced. So after years of research, development, and testing Lawn Chair Millionaire was born.

Now let's talk about the key features of this program which can be divided into 3 sections:

•The Moneyline Pool which is the commission given to members during their first 3 months of active membership. The first share is paid to any member at midnight the day they join.

• A home business opportunity wherein members can earn residual monthly income for referring others to their personal Lawn Chair Millionaire web site. Every time a member sponsors a new member, he or she earns a $20 fast start bonus that gets allocated immediately when the sale is made. In addition to that, members will earn a $15 referral bonus each and every month that their personally referred members stay active.

• A product called the "Vault", which is a $29.99 monthly subscription to information and guides about making more money online.

If you think to join this program please consider the following:

- You will not earn a big commission, but you will definitely get your share almost immediately. As I mentioned above, your share will be divided on your first three months of your active membership. After receiving your first month share, your second and third month shares will be increasing. If you want the big bucks you need to refer people to your own Lawn Chair Millionaire web site. Referring others to this program is not a hard job because it proved to have a high conversion rate.

- Your $29.99 monthly subscription is refundable within your first 30 days, but you can not refund the- $49.99 set up fee.

- The only way to get paid from the program is through purchasing a debit card which costs $64. The cost of your debit card can be reduced or eliminated depending on how many referrals you have.

What I really like in this program is that the Moneyline Pool is paid to members whether they refer anyone to Lawn Chair Millionaire or not. So commissions are guaranteed. I like also the idea of the entire group which is working together in one single "Moneyline". Everyone who joins after any member is placed below him or her.

This program is gaining more success everyday and I think that it is going to have a strong momentum towards the future because of it's unique idea of Moneyline Pool Share. That is why a huge number of well known internet marketers have already joined because they know that it has a very high conversion rate.

Ashraf Akkilah is an architect who has a deep interest in home based businesses and network marketing. He is participating in some of the most successful programs over the internet after spending some time researching, studying, and checking these programs. You can check these programs with Lawn Chair Millionaire program in one place: http://topmarketingblog.com

Article Source: http://EzineArticles.com/?expert=Ashraf_Akkilah

Article five 3/08

That's right! I did it again.

A while back, I wanted to find something to help market my business. I searched and searched and found one that said I would generate tons of traffic to my site. So what do you think I did? That's right, I joined it. "Just a one time administration fee and a monthly recurring website fee." We have all fallen victim to this, RIGHT? After I joined, LCM, thinking I was getting a "Power Blaster" to generate leads, I found this wasn't the case. It looked like a pretty good deal until I started reviewing my websites back office.

This company states what all the other ones claim to do, "Make You Rich." However, what it doesn't tell you, is that you have three other options you must join in order to start generating money. Just by initially joining will not get you where you want to be. The options after joining and paying your so-called one time fee, is to join one or more of the other options requiring more money. And guess what? The best one to join is illegal in the United States.

The other two options can be done without ever joining LCM. Now don't get me wrong, I'm all about investing time and money in my business, but I don't want to join one thing just to have to join another. Why do we need to purchase other products after joining these so-called money makers? We, as online marketers, know that we have everything we need to become successful for "free" in the back office of our websites. And what I find most funny about it, the person I signed up under keeps emailing about different online businesses to check out. I guess LCM isn't enough for her either!

Now if you are a member of this organization and are satisfied, stay with it! I found in my personal experience that it wasn't for me.

John Jackson has been involved with internet marketing for several years and has been successful using simple applied tactics to obtain great results. John Jackson is a top internet marketer who works with industry leaders from around the world. He has a passion for helping others achieve their goals, dreams and aspirations. To learn more about John Jackson and his team of Marketing Mentors click here

Article Source: http://EzineArticles.com/?expert=John_D_Jackso

Article four 12/07

There is a lot of buzz on the internet concerning Lawn Chair Millionaire. The appeal of this program has to do with the marketing website that promotes a residual income along with its moneyline pool. The founders have an extensive history in multi-level and network marketing. They did years of research, development, testing of alternative ways to make money before eventually finding some well guarded wealth building secrets. Is the program that they developed a way for everyone to make themselves a passive income in spare time like they advertise?

Lawn Chair Millionaire has a set up fee of $49.99 and a $29.99 monthly subscription fee. So to get started costs $79.98. Now the refund policy is 30 days and you only get back the $29.99 fee not the $49.99 set up fee.

The marketing website give you no FAQS about the program and you must fill in you name and email address to get more information. You also must verify your email address before proceeding so in order to find anything out you need to give them a valid email address. The first thing you notice you are enticed to join this program through the fear of loss technique via the moneyline pools. These promise a certain amount of money and are on every page of the site encouraging you to lock in your position. If you do not join you begin to receive "fear of loss" type emails that tell you to join or lose your commission.

Now the moneyline pool is paid out over 3 months to you. You receive your first share the night you join and the next 2 shares over the following months provided that you have an active subscription to the vault. This pool is not a source of residual passive income as you only get paid those 3 shares and that is it. In order to continue to make money from Lawn Chair Millionaire you must recruit people. They do give you a generous $20 fast start bonus the first month and $15 every month after that that your referral is active.

Now the product is the vault, which is what your are spending $29.95 a month to have access to. Inside the vault you have access to 3 opportunities that you can make money from but you have to spend more money. The opportunities inside the vault can be found outside Lawn Chair Millionaire for more then what you are getting them inside the program. They will also provide you with step by step instructions on how to go about setting everything up. The programs inside the vault are another source of residual income if you choose to pay to join those and promote them.

There is only one way to get paid from the program. You need to purchase a debit card and depending on how many referrals you have depends on how much it costs. You have to pay for the card plus shipping, the following prices are the 2 combined. It costs $64 if you sponsor no one, $54.99 if you sponsor 3, $44.99 if you sponsor 5, $25 if you sponsor 10 and free if you sponsor 15. This is not mentioned anywhere on the site until you join. Remember debit cards usually have additional fees associated with them to load, withdraw and monthly maintenance fees.

It seems that this program has a lot of hype about making easy money but that is not true. In order to make a residual income you will need to recruit people into LCM. If you do not sponsor anyone you can get your moneyline pool share but nothing else. The marketing site, with the moneyline pool is good at getting peoples name and email address. The fear of loss tactics that they use on the site and emails is a great way to get conversion of the sign ups. Even once you get to the site to join from you do not get all the information on the program. It is not until you join that you find out about the debit card and that everything inside the vault costs money. Some people can make money from LCM by recruiting and other can make money from the programs inside the vault. However this will take work, you can not sit back and do nothing.

Theresa Stauffer is a successful internet marketer who is concerned about the environment and the nutrition in the food we eat today. http://www.getgbgvitamins.com

Article Source: http://EzineArticles.com/?expert=Theresa_Stauffer


Article three

Lawn Chair Millionaire - Another network marketing company. But is this one any different than all the others? Let's take an in depth look at LCM and decide.

First off, their marketing website does not give you FAQs about LCM, which is an automatic turnoff. People have a ton of questions when first seeking out a potential home based business. Why wouldn't they have a FAQ sheet? Second, you must fill out the contact form on their website and verify your info through a code (via email) where you are immediately enticed to join this program through the "fear of loss technique" via the moneyline pools. These promise a certain amount of money and are on every page of the site encouraging you to "lock in your position".

Now, the product is "the vault", which is what your are spending $29.95 a month to have access to. Once inside "the vault", you have access to 3 money making opportunities, however, these are not free (that's more money out of your pocket). These 3 money making opportunities can be found outside of the LCM program, but at a higher price.

So, how does one get paid from LCM? You MUST purchase a "debit card" through their system. Now, the price of the card is determined by how many referrals you attain. So, it costs $64 if you don't sponsor anyone, $54.99 if you sponsor 3, $44.99 if you sponsor 5, $25 if you sponsor 10, and free if you sponsor 15. This is not mentioned anywhere on the site until you join. Also, what you may not know, is that typically debit cards have additional fees associated with them, such as withdrawal and monthly maintenance fees. Now, this program pays a $20 fast start bonus and one can earn a residual $15 a month.

In closing, do I feel LCM is a scam? No, I do not. However, I feel there are better mlm type companies out there that offer a higher pay plan that would be more beneficial to me and the goals I want to achieve.

Hillary Patz is an internet marketing guru with a desire to help people find success through BTTW. To learn more about Hillary Patz and her team of Marketing Mentors Click Here

Article Source: http://EzineArticles.com/?expert=Hillary_Patz

Article two 12/08

Do you want to know more about Lawn Chair Millionaire and whether it is a scam or legitimate opportunity? This article will present you with an unbiased review of the opportunity

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 dive into this subject and try to answer this question with 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. You are actually having to pay the company to be able to be paid yourself.

Conclusion

While the Lawn Chair Millionaire program is not a scam, it is not going to earn you a substantial online passive income. There are millions of people looking to "get rich quick" online. 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 willing to recruit others, then you should continue looking for that "get rich quick" opportunity.

If you are looking to earn a Substantial Online Income, visit Brian's Big Ticket To Wealth website.

Brian McCoy is a six figure earner and one of the top income earners in the home business industry. Brian works with entrepreneurs around the world. He devotes the time, energy, and effort into his team and works with them to ensure their success.

Article Source: http://EzineArticles.com/?expert=Brian_McCoy

Article one 12/07

I created this review after finding this program called the Lawn Chair Millionaire Group while searching on the Internet over the weekend and had to check it out. First the website was very professionally done and immediately caught my eye. This is why I decided to take a closer look at this opportunity.

While writing this review by looking at the Lawn Chair Millionaire program, I discovered that the Founders have had an extensive history in multi-level and network marketing. They did years of research, development, testing of alternative ways to make money before eventually finding some well guarded wealth building secrets. Before they launched this program, they performed extensive research and development.

This review highlights some key features within the lawn chair millionaire program which are:

  • A monthly subscription to what they call the Vault which contains ways you can make money in your spare time.
  • A turnkey home business opportunity that compensates you for sharing the program with others.
  • The name given to their compensation plan is the Money Share Plan.
  • The Moneyline Pool is a pool of money that is given to members during their first 3 months of being active with the program.
  • As long as your subscription is current in the Vault, you qualify for the Money line Pool commissions.
  • The Money line Pool shares are allocated to your commissions balance at the end of each month they are due.
  • The Moneyline Pool shares are paid to members regardless of whether or not they refer others to the program.

I found out while reviewing the lawn chair millionaire program that some countries can not participate in the program. Some countries are restricted due to tax issues or they have been known as "hot spots" for credit card fraud. These countries are Angola, Cuba, Ghana, Iran, Iraq, Kenya, Liberia, Libya, Nigeria, Rwanda, Somalia, and Syria. So this program is not available in these countries.

I also found out while researching this program that a huge amount of Internet Marketing heavy hitters have joined. It may be a worthwhile program to be involved with if you have the ability to recruit. If you are not good at sponsoring, however, I would stay away from this opportunity because after joining and getting a closer look inside, I found it to be a sort of bait and switch.

When you join, you discover that in order to utilize the programs within the Vault requires additional investment and that you must purchase a debit card to collect the money line pool funds for the first 3 months. I have since canceled my membership with the Lawn Chair Millionaire.

Roxanne Jenkins writes on a wide variety of topics that interest her.
Learn A Sure Fire Way to Make Money Online.
Feel free to use this article in your blogs, newsletters or websites but please leave the resource box and links in place.

Article Source: http://EzineArticles.com/?expert=Roxanne_M_Jenkins

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