In todays review will look at a new program called Make Money While You Sleep. What is Make Money While You Sleep? A scam or a legit opportunity? Is it a pyramid scheme? Can you make a lot of money with it? Will it be something for you to get involved in or not? These are some of the questions this Review will focus on, ok here we go!
Product: Make Money While You Sleep
Website: makemoneywhileyousleep.co
Owner: Ron (an entreprenuer from England)
Price: Claims to be free but requires a minimum deposit of $90
Who is it for: Mainly for MLM enthusiasts
Overall rating: 5/10
What is Make Money While You Sleep about?
I got introduced to this new “opportunity” the other day on Facebook, and as always when a program sounds a little bit to good to be true my scam alert goes off. I just have to investigate a little into it.
Make Money While You Sleep is Ron´s landing pages with promotion and instruction videos on how to use the “investment opportunity” he presents. You get told in the beginning that it is absolutely free to use but if you Watch the instruction videos from start to finnish you get to know that you have to deposit a minimum of $90 to be able to make money from the program.
This is marketing in a nutshell, you get pumped up in the beginning that something is free, then you get to see photos of money, cars, houses and nice beaches so you can dream away… I have to say that the landing pages and marketing tactic is looking very good, I have to give Ron that.
and then you in the end you get presented to the more realistic point of view… You have to pay to be able to earn and you also have to be involved in something that a lot of people would call a pyramid structured mlm scheme… Or maybe not?
How Does It Work?
This “opportunity” is two things, sure on one side there is the mlm side of things, where you should recruit as many people as possible to the program under you in your downline.
However, there is no need to get involved in that if you don´t want to of course, you can simply use the program as an “investment platform” and wait for 1 or 2 years for your money to grow before you cash out or reinvest… If the program still exists in 1 or 2 years of course…
What is Questra?
Questra is the real program here, Make Money While You Sleep is just a “training course” or should we say a promotion recruiting sales funnel instead? 🙂
However, Questra is claimed by Ron to be a real investment platform that is legit and trustable, he even shows of a copy of a certificate that “proves” that it is legit, right?
Is Questra a Scam?
So, is Questra a scam? Well, scam or not, I have a very strong feeling that this is simply just another one of those ponzi, pyramid schemes that works for as long as the members of the program keep pumping more money into it than they cash out from it.
These schemes are everywhere online and the most of them die out pretty fast.. some dry out slower.
However, they all have one thing in common… they WILL eventually dry out… and when it does it takes all of the money (yours) that is inside of the program to the grave… that means you will never see that money again… to be clear.
What about the “proofs”??!
Yes I know I know, there is a certificate that “proves” that it is legit… Well, I also know that I have seen certificates like that one Before on “investment platforms” that later on have dried out and… turned into a scam.
To mention a few you have
Ok, what about the adress in Madrid, Spain where the Company is suppose to be located?
Well, you can actually find the same address on the AirBnB website that lists a one bedroom apartment for $45/night on the exact same adress… What that means I am not sure of but it is absolutely Worth to mention here…
Another thing that you might want to see:
Important to mention here is also that Belgium’s Financial Services and Markets Authority put out a regulatory warning in September of 2016 against Questra Holdings:
Questra Holdings is not an authorized investment firm or credit institution in Belgium. It is therefore not allowed to provide banking and/or investment services in or from Belgium.
Moreover, the system proposed by Questra Holdings has every appearance of being of a pyramidal type or at least of a Ponzi fraud.
Why You Should/Should Not Invest into Questra
Well, if you are a person that already got a lot of money and are ready to take the risk to invest into this program then go ahead, it is a risk but hell, you might be able to cash out good if the program will survive for some years.
Also, if you are a great networker and mlm enthusiast then it might be Worth to at least invest $90 to be able to recruit others into the program and get a percent of their investment, right?
However, if the 2 options above don´t fit on you then I strongly suggest you stay as far away as you can from this “investment platform”
Final Words and Verdict
Verdict: Legit for now (but NOT Recommended)
Overall rating: 5/10
I Think I have made my Point pretty clear on this one, sure you could be able to make some money from this no doubt about that. It all depends on how long the program will be around, how much you invest (the higher the better return) and also if you are able to recruit alot of people into it.
Fine, but there is also (in my opinion) a VERY high risk that the program won´t last for long and that all the money in it will disapear with the owner of it… whoever that is…
I choose to call it legit for now as I cannot prove to a 100% that it is a scam but I will absolutely NOT recommend it so if you join please don´t come back here and say that I didn´t warned you when… oh sorry, I mean if things turns out that way.. 🙂
Want to play it safe instead?
Making money while you sleep, thousands of dollars on auto-pilot and a Lifestyle that allows you to escape the 9-5… Do you really Think that is possible?
Of course it is!
However, it will never be that easy as just investing into a program once and recruit a few persons and voila. PERIOD. This don´t work that way, it is NOT that easy, ever and never… Ok you might be lucky investing in bitcoins back in the day when knowbody knew about it and invested a couple of dollars and baam! Your $5 dollars invested back in 2008 (or something) turned into $5,000,000 (or something) in 2012 (or something again) LOL!
I don´t know about you but personally I feel a bit tired about all these “NEW next big super “once in a lifetime” opportunities” if I want to invest I go with something that is the REAL deal if you know what I mean 🙂
If you want to be more than sure there is always the same investment I would recommend to you everytime you ask me 😉
REAL SAFE SOLID Inve$ting $ites click here <==
Hope you found this short overlooking review of Make Money While You Sleep and Questra to be helpful and now you should have a better understanding on what it is and if it is a scam or not. If you have tried it please share your experience with us in the comment section below as it can help others to make the right decision for them. Also, if you got any other qustion on this Review I will be more than happy to answer them below!
I wish you success!
John
Founder of: $tart Make $top Waste
It is sad when schemes like this gain from people who may be desperate for fast money if they’re in a bad situation. But it’s also good to think clearly and research these programs beforehand! It is a learning experience though. I was considering signing up for a similar program, when I randomly came across WA, and wow, my life has changed. I like that they are very upfront with this not being an overnight moneymaker, because let’s face it, what is?? It takes hard work, but with the amount of help and info we get on the website, it’s worth every cent.
Well said!
Hey man thanks for telling the world about this program.
I’ve seen a fair share of MLMs myself and to be honest I do want to steer beginners away from them. I think those who are making money are those with prior experience in Internet marketing.
I do like all the effort you’ve put into finding out the facts like the address and regulatory warnings. That’s enough to convince me not to join it 😀
Yes you can absolutely make Money from hyips, ponzi schemes, mlms, etc. Especially if you got prior experience..
The thing is that when the program dies your “business” that you have spent time building up is gone to… That´s why I don´t even recommend them to people that have experience and know how to make the most out of it
Hi John. Thanks for this great review. I was involved with a similar program in the past and ended up losing a lot of money eventually. It bears all the hallmarks of a pyramid scheme and I wouldn’t advise anyone to go anywhere near it.
Pyramid schemes always saturate in the and end up collapsing under their own weight. Unfortunately, people always end up losing money. Not worth the risk
I think it is important these days for people to me made aware of certain areas online that are ready to take your money with certain promises.
Earning money online is no different than earning it offline. It takes effort, commitment, dedication and yes, sometimes even a struggle.
Nothing is easy, so when people are telling you that you can make money online while you are sleeping, I would kind of go forward cautiously.
i can see this one that you talk about here scores 5/10 in your assessment, so looking at this and the other information you have provided, it is hard to call it a waste of time completely.
I just believe that you need to treat working online as a business (the same as you would in the local shopping mall). If you have a good training module and the willing to do well, then other things will fall into place too!
Thanks for the review and the information!
Chris
Hi, John.
Am I just wondering how you can know how to find these masterpieces? If serious, I see that MLM like scams is growing like mushrooms, so there are a demand for them.
People are hungry for easy money dream. It is like gambling, actually even worse. When you are spinning roulette wheel, it is small but still, hope to win something. Spend the money for MLM is hundred percent loss.
And people trust those testimonials with no doubt? Actually must be a little stupid to believe those fairy tales.
I hope that your review help to next folks not to fall into temptation.
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
To be honest you don´t have to look that much to find these, most times they will find you 🙂
I understand what you mean that people have to be stupid to Believe these things but the reality is that these scammers are pushing on psycological Points and it can be easy to get caught up in it if you aren´t educated in the particular subject.
/Thanks for your comment
Ok John, let me get this straight. This guy from England sells or gives away an ebook about making money in your sleep by talking you into joining some investment program called Questra, which shares an address in a basement in Spain available for rent on AirBnB? Is that what I just read? Thanks, John, I’ll make sure to steer clear of that one! I do like your recommendation of Wealthy Affiliate as that is a much better alternative!
lol! Well, that’s pretty much what you have just read 🙂
Here is my opinion..
You may know people that sell products from Mary Kay, Avon, and Tupperware. You may know people who sell these types of products because they believe in the products and the companies that stand behind them.
Ok, maybe “Make Money While You Sleep” could be a scam..but that doesn’t mean all MLM out there are scams..
I think direct marketing is very interesting. Many of the longest standing organizations in the US have this business model.
Most commonly, the sales people are expected to sell products directly to consumers by means of relationship referrals and word of mouth marketing.
Figure of speech, “when you are pointing at somebody or something, don’t forget three fingers are pointing at you” I am an Entrepreneur for years, I have a yachting Co providing weekly cruises in the Aegean sea, and three online businesses so,
I think we should always see things as other people don’t see, to be a successful entrepreneur nowadays either online or offline.
Don’t forget, if your learn to 100 students how to market a product (supply and demand)..Only 2 – 5 of them will actually succeed, the rest 95 will fail.
These 95, will create a bad reputation that most of us out there will follow..
Thank you for your take on this, like your thoughts and agree that not all MLMs are scams… Personally I am not a big fan of the model though
You are absolutely right that only around 5 out of 100 will succeed.
I am also pretty sure that 100% of the 95% failures got 1 thing in common (most of the times) also… They all give up and quit.
/Best regards
Nice review. It’s nice to read a detailed review with references as oppose to someone just ranting for a page and a half. I know there are a lot of scams out there. I’ve learned that some of them really are legit but because they look and smell too much like one it dries up and fails. Then because it fails, those who did fall for it end up accusing it of being a scam. Also, thanks for the few recommendations instead of Questra.
thanks my brother for your kind review. this things keep coming up and they scam people everyday.
John i have once been a victim. there was a Forex trade called atrex trade.
i fell victim and they toke my 500 dollar away, as at now i have not heard from them. They will come with proved certificate and all the necessary documents.
Thanks once again am really grateful