Review Of Lawn Chair Millionaire
- Author Theresa Stauffer
- Published December 29, 2007
- Word count 702
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 lose 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
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