Mike’s Profit Plan Reviews – Legit or Scam?

September 12th, 2012  |  Published in Network Marketing

MikesProfitPlan.com is a new work at home opportunity from internet entrepreneur Michael Jameson, who claims that he made over $986,239 working online in the year 2011 alone.

Though he says he cannot give you all his secrets to earning money from home the way he does, he will give you access to a website that will help you get started making money from home, an extra $500-$5000 a month.

Mike claims that he will not ask you for a single penny for this work at home opportunity, and that all you need to do is watch a minute video before you get access to the website that will help you start your own business.

Online Business Systems

The website that you will eventually get access to is Online Business Systems. Online Business Systems is a network marketing opportunity that is actually selling Herbalife, a line of nutritional and weight loss supplements.

Network marketing is a type of business where you make money not only from selling the products themselves, but also by recruiting other people to sell these products as well. When you recruit someone, they join your downline, and you also earn money from their sales.

Network marketing is a legitimate form of work at home business and has been around for a long time. However, it is a difficult business in which to be financially successful. Most of the money you earn comes from recruiting new members, which is not easy to do.

More Problems

First, MikesProfitPlan.com makes outrageous earnings claims, which is always a bad sign. No one can “guarantee” that you’ll make money with any home business, much less promise that you’ll make an extra $500-$5000 a month.

Second, though Mike says you “won’t have to pay a penny,” he simply means to him. As for Online Business Systems, you’ll have to pay $9.95 Shipping & Handling for the introductory work at home kit. Mike says that if you don’t like the kit, contact him and he’ll reimburse your $9.95.

But what isn’t being said is that the kit is only free for a 14 day trial, which begins the day you order it, even though the kit won’t arrive for another 72 hours. And to cancel your trial, you must physically return the kit to them before the end of that 14 day trial.

If you do not successfully return this kit in that time period, you will automatically be enrolled in their program and charged a fee of $39.95. This charge may not be a problem for you, however it should be something you are aware of up front, and not a small note in the fine print.

If you're at Reviewopedia.com because you're looking for a way to make money online then check out our article "7 Ways to Make Money Online" - methods that anyone can use to earn an income from home.

 

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