30 Day Success Formula Business Summary and opportunity review
30 Day Success Formula does not provide any information on who is behind the company. This business entity is basically a very small group of people who seem to go out of their way to hide who and where they are.
The business affiliates send money to each other through the mail.
As these payments are made, the member affiliates receive access to various marketing courses.
The 30 Day Success Formula is perhaps attempting to distance themselves from a cash gifting label to some extent yet they operate very much like one in that they recommend cash payments to post office boxes and very little talk of selling products.
Upfront costs / expenses
There are plenty. The 30 Day Success Formula is designed for people who have a lot of money to spend to get started.
We would also want to point out that the admin of this business opportunity, 30 Day Success Formula sells access to its course for $697.
The company also markets “done for you business packages”. The packages start at $4997 and go up to $24,997.
Their entry level being $89. You have to pay 3 people including the admin at each level. You also must purchase a recommended post office box address fee that keeps adding to your expenses.
30 Day Success Formula has 5 higher levels of participation: $250. and upwards of $12,500 if you choose to participate.
It should be recognized that they charge as much as $1338 to send out letters on your behalf to prospective leads with the hope of finding other people who would be willing to pay total strangers, like you cash money. This business seems to operate largely on blind trust.
The weekly cost can quickly add up. It has been our observation that this type of marketing approach simply does not work. So we expect you will have to find some other way of attracting new members.
So, be prepared for this cost. Without a better method of marketing there is not much hope of success. If you can maintain this cost then there is some chance of making some money in the long run.
Legal issues
What seems to be happening is: They send monies between old and new members via a post office box address. They are insisting that member SEND CASH when they make their gifting payments
This money arrangement between members seems to be designed to avoid 1099 reporting? One can only wonder why. Do they have something to hide from? The thought that comes to mind is the legality of it all.
They seem to be operating it as a gifting program but don’t expressly claim any monies are tax free. So you should be prepared to report any income as taxable income.
30 Day Success Formula business Advantages
30 Day Success Formula business has the freedom of using any marketing and promotion they wish. Their products may be of help to some people but it seems most members are not really interested in products, instead are interested in hopefully earning money. The business seems to be well administered.
30 Day Success Formula Business Disadvantages
The 30 Day Success Formula business is very dependent on the help of other people doing well because you do receive monies if and when they make a sale and that means you are not in total control.
The mailing of letters is very expensive and usually has very poor results. so without some kind of direct support most people will flounder unless they already have experience.
With the high cost of business entry and operating expenses it may prove difficult at best to lure people and can be a very hard sell to most people.
Imagine even if you joined at the lowest level, $89.00, then paid for your post office box. Then paid for the middle level marketing letters of $600. How in the world would you ever make any money? How are you going to even break even? It seems this is better designed for failure.
Our analysis shows that without a truly innovative marketing method in place the 30 Day Success Formula business becomes a poor choice for our members.
Compensation plan
The 30 Day Success Formula business again has many levels of participation: $89 $250,$1,000 $2500 and up to $12,500. Its payout system is good in theory but can you consistent rely on others to do well?
This is great if you’re the admin because The 30 Day Success Formula business admin gets a big piece of the pie from everyone at all levels and via that expensive and questionable mail marketing.
The trick here is to last long enough to find a better marketing system that works for this gifting program. The 30 Day Success Formula business does offer a real residual income features.
Support provided
30 Day Success Formula business does provide some expensive mail marketing materials which may be of some use.
If you join this program, make sure you are working with a strong mentor and team with great marketing tools. Our analysis left us feeling very concerned that the 30 Day Success Formula business business did not have any real innovative marketing support beyond standard approaches.
Successful Duplication Ranking:
The level of success in 30 Day Success Formula business will largely depend on what group who sign up with as this business is made up with various independent groups. Make sure you are well funded to endure the slow times as you seek others who can hopefully afford to join you. While this does not always spell failure, we feel that there are probably better options out there but certainly you could do much worse than here too.
Reputation / Word on the street:
While this business has not been around very long, it’s future reputation will depend on the success of its members success or failure. Since 30 Day Success Formula’s business structure is a close clone of other existing businesses and these other business have been on the street much longer, we, then have reservations as to how this business could fare any better?
Another hint of its weakness is the observation that many of it’s members reportedly will offer you a supposedly free upgrade in an attempt to lure people into their business.
This is largely seen as a weakness, as a thriving business should not have to resort to such discounts or are they already getting desperate?
30 Day Success Formula Review
Final Analysis / Recommendation:
SEE RECOMMENDATION AT BOTTOM
The 30 Day Success Formula business lacks any extra features to help make it stand out in a already crowded field and perhaps explain high failure rates among members. The 30 Day Success Formula business should only be considered if you have a strong background in Internet marketing as well as the funds to pay for reliable marketing costs you will incur.
Again we feel that there are many suitable alternative businesses which have significant advantages over this business. However if one wishes to avoid the anxiety associated with the direct selling approach so common with legitimate businesses yet still insist on having a legitimate business model that offers a reasonable opportunity for success for most people then, your options will certainly narrow.
We can easily direct you to a host of companies that we have reviewed in the past which provide quality products. However, this always involves substantial expenses for your inventory or to auto ship your products each month.
If you truly want to avoid these issues then three businesses which we favor and can be viewed on our recommendations page because they have all the benefits of an independent home business but with none of the negatives associated with gifting programs as well.
They are: Passport To Freedom, People’s Concepts Inc. and IWIN. Of these 3, the IWIN business has to be considered the stronger of the 3 for several reasons. One being they offer lower levels of participation which are more attractive to the masses and yet with very low expenses. They offer possibly the best marketing / teaching system that we’ve ever reviewed for the average person. Additionally they offer a robust compensation plan which is among the top in the industry, including residual income. In fact in an earlier review they earned our coveted “5 STAR TOP BANNER” award.You can visit their site by clicking here