WorldProfit Millionaire Bootcamp Ripoff Edmonton Edmonton Alberta

Here is what Worldprofit Advertises for their "Worldprofit Dealership Program PLUS Millionaire Bootcamp FREE"

As a Worldprofit dealer, you earn up to 20% commission referring people and business to Worldprofit for hosting, design, website packages, e-business tools, and webcast services. We take care of all the technical set up and support for your referrals and you collect a commission check. Learn How to Profit as an E-Business Consultant!

Here is the general Site address of the replicated website they provide their dealers:

worldprofit.com

The startup Cost is $9.95 and here are some of the marketing slogans they use:

"Turn a $10 investment into $100,000 or more."

"100% of our Bootcamp Graduates make money 0n-line"

"We pay you to 20% of our service prices for sales referrals"

"You NEVER have to buy, sell or handle products"

"$1100 in free advertising for six months in the Worldprofit IIWA Malls"


Here is the rest of the story!

Costs To Gradulate the Millionaire Bootcamp:

Not One Person - I repeat NOT ONE PERSON has graduated the Millionaire Bootcamp by spending only $9.95.

In reality you can make it through the first two levels of the bootcamp which takes about 15 minutes but to progress beyond that you must have their business tools - Prospect Manager and what they call the Ilistserver (Newsletter server). The ONLY way to get these tools is to spend $89.95 per month on what they call their silver package. This is Template designed website that includes 1 "professionally" designed webpage and access to the business tools in your back office.

Additionally In order to graduate the bootcamp you must signup 15 dealers 3 of whom must upgrade. The process of doing this means you will most likely invest in prospects and Newsletter subscribers.

By the time you gradulate you can expect to be spending between $200 and $500 per month for the website, business tools, prospects and newsletter subscribers. Indeeed the top dealer in the company pushes his dealers to purchase 1500 newsletter subscribers twice a month. An investment of over $350.00. Propects that you can call are reasonably priced for pre-called business op seekers and cost about $1.40 each. They are however 7-10 days old by the time you get them.

The Business Tools:

While the business tools that Worlprofit provides are good you can only bulk load prospects and subscribers into them if you purchase those from Worldprofit. Otherwise you must manually key the names into your newsletter server or prospect manager.

Everone who Graduates The Millionair Bootcamp Makes money on-line:

By Worldprofit's definition making money is having sales or signups that pay. This DOES NOT MEAN YOU WILL BE MAKING A PROFIT. Indeed the commission on three upgrades is about $54.00 per month and this is far less than your normal operatiing expenses will be when you graduate.

The IIWA $1100 Advertisiing Package for Six Months:

The International Internet Wealth Alliance (IIWA) is an advertising network is owned by Worldprofit. This is part of the "1700 in Real Value" that is advertised in the webcast by Dr Jeffrey Lant in promoting the $9.95 package.

Basically this advertising is a JOKE. yes there are 1,000 of ads but the vast majority are advertising the same thing - all the Dealers websites and the Worldprofit products and services.

In today's market this package is pretty much WORTHLESS

Worldprofit Support:

While the dealer support is generally good they have some strange policies. For example if a dealer you have signed-up quits or requests a refund of the $9.95 the accounts department is in the habit of just deleting them without notifying you. That means if you have 1000 dealers and all of a sudden you have 999 its up to you to figure out who left and why!!

Millionaire Bootcamp Traning:

The training you get is simply the mechanics of using the tools they provide. This is repeated over and over twice a week. The real key to getting signups is to use the prospects/leads and call business opportunity seekers. The Millionaire Bootcamp PROVIDES NO TELEMARKETING TRAINING!

The Big Suprise - New Business Sales Quota:

Worldprofit states

"We pay you to 20% of our service prices for sales referrals"

"Make the Qualifying Sales Volume and any services you've purchased could be free for a year"

The big suprise is that if you don't do $39.95 per month in "New business" you DO NOT GET YOUR COMMISSIONS. This means you must signup at least 4 dealers a month or have dealers upgrade to keep any commissions. Otherwise Worldprofit keeps getting theirs but you DON't GET YOURS.

This is not stated as such on the signup page, the terms on the signup page or the dealer agreement. This is only stated in the FAQ in the dealer area something you don't even have access to until AFTER YOU SIGNUP.

Gettng Booted from the Bootcamp:

Worldprofit now limits the number of the people in the bootcamp to 250. If you do not progress from level to level at the pace they think you should or you do not go to the classes view the webcasts etc they will "Boot you from the Bootcamp". If you want back in the charge is $599.00.

Suprise Suprise!

Bill
Bentonville, Arkansas
U.S.A.