Is Parallel Profits A Scam? Not So Fast – Read Before Joining
Parallel Profits is another company created by internet veterans, Aidan Booth and Steve Clayton. These two have been in the internet marketing industry for over a decade and in my opinion, despite their high ticket pricing have a credible reputation. I will tell you right out of the gate, If you are considering joining Parallel Profits It’s going to cost you. The companies February launch date is upon us and you can expect to pay $2,497.00 to gain access to this program. This company is very new and I will be updating my review on a regulars basis. I am not going to call this system a scam at this point because of the past legit projects the have worked on together. Past projects include 100K Factory & 7 Figure Cycle. Usually these guys will advertise on social media before a launch to get preregistration’s.
I will briefly get into their past projects but I want to stay focused on the Parallel Profit Platform.
100K Factory was a platform designed to help college students set up their own E-Store or Niche website. The company launched in 2015 and as far as I know is not taking on any students at this time, they are currently using the 100K.com domain to promote the newest project “parallel Profits”. Take a look at the screenshot as to what I found when trying to join 100K Factory. I want to point out that these guys do use some of the techniques I point to on my Identify Scams page but they are the real deal and do actually appear on the sales video.
7 Figure Cycle is basically a spin off of the 100K Factory platform with a few tweaks, this platform is designed to help you achieve a 7 figure income in 1 year using their 7 Steps. At the moment the doors are also closed for this system and they are using this domain to capture your email and introduce you to the latest Platform called Parallel Profits. I personally don’t like that these guys are changing platforms every few years as well as the High ticket Prices they are charging for membership. That’s just me though, if you have $2,497.00 to invest in this training then go for it. If you don’t have that kind of money laying around then take a look at my Top Recommendation for beginners and Get Started for FREE.
Here Is a Screenshot of the 7 Figure Cycle landing page which is now closed and promoting Parallel Profits.
7 figure Cycle did help over 500 student make money online without a website. I do see some value in the platforms Aidan and Steve have offered in the past and they were offering a double your money back guaranty with the 7 figure cycle as long as you followed all the 7 steps as they were laid out exactly. My dealings with the old money back guaranty have not been so good but who knows hopefully these guys stand behind their product and deliver. I can’t really see these guys stiffing you because they do have a pretty good reputation and I can’t see them ruining that over a couple of $2,497.00 Refunds.
What Will Parallel Profits Deliver?
With a price tag of $2,497.00 you should be expecting the fastest return possible on your investment. As of right now that is exactly what Parallel Profits is promising, they claim that the business model is the quickest way to make a full time income from home.
I can actually see this happening because when you are being trained to sell high ticket products to a specific niche $100k can be easily achievable. I guess this is one of those opportunities that you have to get on board with fast because I’m sure they will only be able to handle a certain number of students, Hence the reasoning behind the high membership cost. When you can only accept a limited amount of students charging a high fee will ensure the students are serious and willing to follow instructions. I also want to point out that I do not see any up-sells after joining which is common with scams, so I think these guys are gonna deliver what you are paying for.
Here is what you can expect upon joining Parallel Profits.
Aidan and Steve will be teaming up with students who are following their training. It looks like they have taken care of all the details so when you become a part of this franchise making money quick shouldn’t be that hard. From what I can see they have already taken care of copyrighting, marketing’ and branding, this is by no means a done for you turn key business. Expect to put in the work to secure leads and be teachable. although they have done their part in putting together a professional support team to help secure your sales, you still have to get them.
Having access to all the tools provided is going to be a huge help. Like I said Marketing, Branding, and copyrights have already been taken care of and you will be joining into a franchise opportunity. I see they have put together some impressive lead generating and capturing pages so you won’t be selling door to door which is nice. Having all these tools at your disposal should prove to be a huge help.
Here is what I know about the platform, you will be targeting local businesses that are looking to gain online exposure. What separates this business from some of the scams online is that these businesses are looking for exposure and are more than willing to pay for it. Lead generators and capture pages are already provided for you so you just need to follow the training as they present it to you. As 0f today’s date February 9, 2019 registration for P.P. is full and you will need to get on a waiting list to join. I will be constantly updating this review as this is a very mew company and full details are not available at this time. Take a look at a few of the screen shots I have below and then I will break down what I already Know.
Here is the book they are giving you in return for your email address when you get on the waiting list.
Updated Photos of the co-founders Steve and Aidan along with the message you get when trying to join Parallel Profits
A Quick Breakdown On Parallel Profits
Cost: $2,497.00 or 3 payments of $997
No discount the price is the price
The owners are actually Real
Product is sold on Click Bank
Offers a money back guaranty (A Must To Sell On Click Bank)
There are no Up-Sells
Company has launched and training has already started
All spots are currently full
Pros And Cons
Money Back Guaranty
Step By Step Training
Owners Have A Solid Reputation
High Membership Fee
Financial Risk Involved: Even though you can get your money back there is always some form of risk when investing in a High Ticket Item, Always be sure to read the Affiliate Disclaimer before making a decision involving money.
I can not stress enough, If investing this kind of money makes you feel uncomfortable or will leave you in Financial Distress Do No Do It! There is another option if money is an issue and you can join Free and get 2 free websites included in your starter membership.
Is Parallel Profits A Scam?
My answer to whether or not Parallel Profits is a scam is No. Steve and Aidan are internet marketing veterans and they have helped many people to make money online. Both of their past projects were successful and a lot of people experienced success. I know that the price to join is a little steep but if you have that kind of money to invest I will expect that they will deliver the goods as they promise. You can always find a bad review when seeking to find out the truth but you have to weigh out the positives vs the negatives. I did find a few bitter reviews in my search but that is to be expected. You just can’t please everyone, In the case of Steve and Aidan the positives definitely outweighed the negatives.
When investing in a program of this cost it will certainly give you incentive to work hard and follow the training. Getting involved with experts like this is also a huge plus and I don’t think you will be disappointed. That being said I wish you the best no matter what decision you make as to how you are going to make money online. I will be keeping a close eye on this system as we move forward just in case something goes sour during the launch. I want to make sure that I keep everyone as informed as possible so you can always be in the know.
Do You Have To Spend So Much Money?
I know not everyone has a spare $2,500.oo laying around just waiting to be invested. With that in mind I also have an option for a beginner that is perfect and I use to this day. You have 2 choices of memberships Free or Premium. Upgrading to premium is not a necessity, you can stay a free member forever and keep your 2 websites that are given to you upon joining. As a free member you will also have access to 10 training lessons to get your websites up and rolling.
Premium membership comes packed with the ultimate training platform and it’s some of the best I’ve seen online. Pricing for premium membership is also very affordable. Monthly premium membership is $49 and yearly membership is less than a dollar a day at $359 an absolute steal considering what you get. I also have a Bonus for those who want to se what premium is all about, so here it is. Join Wealthy Affiliate as a Free member and try it out for 7 days, If you decide that premium is a good fit for you and upgrade in the 1st 7 days I will give you the first month for only $19 a great action takers deal. Take a look at the comparison below and see which option fits you best.
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Have a Great day and stay safe online. Enjoy this Free Video as well explaining exactly what Wealthy Affiliate is.