Be warned, be bold and speak up Speedlings users! Don't be a puppet! How many of you have actually made more than you invested? (No projections or speculations but actual figures from 2010.).
I too, am a victim. Adam Ginsberg is an intelligent con artist who preys on people's emotion and have no problem taking your hard earned money for his benefits. What he says and what he does is a total contradiction!
Its been a year since I ran into this misfortune. I was out of job unemployed and desperate to make money to make ends meet. I did everything that I was told to do in the Speedlings program. After charging what I didn't have on my credit card, I Spent countless hours trying to keep up with all the changes and demands of this "point and click and forget" system. The deeper I feel into this trap, the more it continued to spiral out of control. [continued below]....
..... There was always something you had to fix, more thing you had to do, one more year you had to wait and thousands more you had to spend in order to earn pennies.
The amount I have charged to my credit card is more than $14,000 to date. The money that I might have made back, maybe totals $150 (mainly through google adsense). Although from what I understand it takes up to 3 months for them to verify before you even get close to that money…so i can honestly, say I have net profit of $0 for the past year using this system.
We had to pay for to attend a convention in January in which we supposedly would learn the new system--Speedlings 2.0. Again I was foolish enough to charge $600 plus pay for airfare room and board to attend…and you guest it…the same group of Gurus there to sell their products. The same tactics building on peoples emotions to lure more people into yet another program called Mastery…with different levels ranging from $10,000-$40,000.
It just didn't add up. He had people stand up that made some where in the $1000
range in December. Of the 300 some attendees there, a handful stood up (of course all had recently paid to be in the mastery program-$6000). Then you find out about how many sites they've built it numbering in the thousand…so lets roughly add this up…
$6000 unlimited yearly package, $1,200 renewal each year
$10,000 domain name credits, $10,000 to renew after a year
TOTAL YEARLY COST~$22,000 for a profit of $2000 in year 2010.
Don't forget we have renewal fees due, yup another $12000+ to maintain.
Last reported on Speedlings main website, users have created 759,982 sites? or spam? There are 9724 sites for sale as of today and this number is rising yet no one is buying these lovely sites? Speedings 2.0 is that great but you have to spend another $????? to attend the training class to flip websites, buy article credits, renew sites, buy more domain credits…how much time and effort would it take just to come out even?
I can't believe I tortured myself waking up every wednesday morning for the past year listening to Ginsberg whiny voice ripping on people for complaining about Speedlings at the start of the webinar. He always has a cleaver excuse, says he will do this and then will do that …just keep on paying more for more pain...
I know there are hundreds of victims out there around the world. A lot have invested much into this and its scary to loose so much money. I just hope we can get together as a group to educate others about this evil man.
Never put your all your faith on anyone that claims he will make you money…. Adam Ginsberg is a profession con man and Speedlings is a scam!
Please read the fine print.