The Passive Income Club Review analyzes a method developed by Patrick Chan that allows you to rake in $10,000 monthly.
The big question that arises in your minds whenever you stumble upon such a promising product is – ‘whether it is a scam or a workable product’.
Well, this review shall answer your queries and resolve your doubts. But first, let me introduce this product in brief. Passive Income Club is an online system that allows you to generate a monthly income of $10000 on autopilot.
Developed by well known internet marketing guru, Patrick Chan, this method is ideally suited for people who have absolutely no experience on working online. Such individuals do not have a prior internet marketing experience.
Interestingly, Patrick claims that he would be doing the heavy lifting while the newbie internet marketer shall simply count his money on a daily basis.
Passive Income Club Review
Name of the Product: Passive Income Club
Name of the Creator: Patrick Chan
Type of Product: Digital
Nature of its Usage: To Help You Make Money Fast
User Feedback: Positive
LeanAndFit Reviewer Feedback: Positive
Brief Overview on this Digital Product:
Passive income is defined as a steady source of generating a sizable income using a stream that is apart from your main income source. The difference here is that in passive income, you need to work very less or put in no effort at all.
Over here, all you need to do is put in your time and skills to practice. This in turn shall enable you to generate income on a steady basis. Passive income does not involve you to put in the designated hours at work (9 to 5 job) in order for you to generate a steady source of income.
You work at your own pace. At times, passive income comes to you despite you not having worked for even a single minute. For example, you wrote a review on a product/brand three years ago. Somehow, that article has now achieved a high ranking on Google search engine.
Now, the keyword for which your product review now ranks also happens to be a money keyword. So, even when you sleep, eat, work at the office or even exercise, you continue to generate funds.
Is Passive Income Good for You?
Passive income is vital for your survival. While your permanent job or business is very important for sustaining a livelihood, passive income helps cover those rainy days. While a 9 am to 5 pm job requires you to work at a schedule and as per the directives of a boss, passive income speaks your language and runs on your command.
When you earn while you sleep, you tend to accumulate more money into your bank. This way, you can become richer quicker as compared to slogging for a job or a business.
When you live paycheck to paycheck (as is the case with most jobs), you are leading a monotonous life. There is absolutely no freedom to express your own ideas and no extra money to spend on recreation.
The moment you have extra funds, you tend to give time for things you like. You can go shopping, opt for a holiday, help your friends or family members brave through a financial crisis etc. Basically, you have the ability to get financially independent.
Your pent up creativity also develops when you begin to earn a passive source of income via online methods. Basically, you become happier and are able to manage your expenses in the most efficient manner.
The Functional Aspect of Passive Income Group
This is a fully automated system that has everything that you need to make money. Everything including a web page, products to sell and a freebie to hook the customer with is present.
When I first took a close look at the system, I found it rather complex. It seemed as though, it was I who would have to do all the heavy lifting. I was mistaken. As I delved deeper into this digital product, I realized that all I needed to do was hook the customer by giving him/her a free report.
Basically, I had to create a free report for a product and give it to a prospective customer. When another customer came my way, I did the same with him/her as well. So, it was a rinse and repeat process that involved absolutely no complication.
What Did I Get on Joining?
>>> I got a web page that was of very high quality. I was also told that this web page has the capacity to convert at the rate of 50%.
>>> Along with that page, I was also provided with an offer. Using that offer, I was able to attract visitors to my website. Basically, the offer was quite lucrative.
>>> I was also offered a free hosting facility. The moment a visitor landed on my webpage, the auto responder present within the system kicked in and did the needful.
>>> Basically, I just had to ‘opt-in’ visitors and then, allow the auto responder to do the rest.
>>> All the emails as well as the free reports that I dispatched to my customers had my unique identification code embedded within them. This code was my CB ID. Hence, in the event of a sale, I was fortunate enough to get a commission.
The 4 Bonus Offers:
I received 4 bonus offers when I became a member of the Passive Income Club.
@ The First Bonus
I received a recording of a three daylong seminar hosted by Patrick and Robert. They taught me everything that I needed to know to develop a business that was based on providing information to customers.
@ The Second Bonus
The second offer was in the form of live training for becoming proficient in the online selling job.
@ The Third Bonus
This was in the form of yet another recording. It described how an entrepreneur earned three hundred thousand dollars monthly by selling membership programs. It was a two hour long seminar.
@ The Fourth Bonus
I received the last and final bonus that catered to various aspects of internet marketing. These included YouTube marketing, affiliate marketing, lead generation, traffic generation etc.
Ironically, I was also told by Patrick that these bonus offers can be taken off at any point in time. So, I was one of the lucky ones to have received them.
Anything Else I Learnt?
Yes, I learnt several different methods of driving traffic to my website. These tutorials were undoubtedly among the best and the most effective traffic generation methods I’ve studied so far.
>>> I learnt the technique to rank articles on Google search engine. I also mastered the art of article marketing.
>>> Social media marketing techniques using Facebook and Twitter was taught to me via these training sessions.
>>> Importance of StumbleUpon, guest blogging and internet marketing was taught to me in great detail by Patrick.
>>> For the very first time, I learnt to run solo advertisements to drive targeted traffic to my website.
Benefits of Joining this Program:
>>> It is a simple and effective platform that requires minimal effort and delivers maximum output.
>>> I never really had to bother about doing the ‘heavy lifting’ as all that was already taken care of by Patrick Chan.
>>> Several advanced internet marketing techniques were taught to me.
>>> I got to enjoy several lucrative and generous bonus offers in the act.
>>> There were several marketing aids such as Email swipes and banners that I got to use without paying a single penny for the same.
>>> I did not have to set up a website or pay the hosting fee. Everything was already set-up for me.
>>> Patrick Chan is known the world over as a successful internet marketing guru. This is a satisfying factor while opting for this course.
Any Drawbacks of this Program:
>>> It is an online course that does not involve the physical presence of a teacher. This could be a negative factor for those who prefer being taught internet marketing in the presence of a teacher.
>>> If you are a diehard fan of working a 9 to 5 job and you want to do nothing else then, passive income club membership is not meant for you.
>>> Do not expect miracles. You cannot hope to become rich overnight. It takes time, effort and a planned strategy to help you earn a sizable monthly income.
FAQs on Passive Income Membership Programs
Q-1: Are Online Programs meant for Making Money really Genuine or are they all Frauds?
A-1: It all depends on the nature of online program that you choose to go with. The online money generating platform that guarantees an unusually large amount of amount of funds in a certain amount of time period, is hard to trust. Nonetheless, an online membership platform that claims to teach you the inside tricks of making money fast is still worthy of opting in for.
So, realistic programs that do not make unrealistic promises are worth investing your time and money in. Lack of claims are usually made by programs that have potential to make you rich in real life. For example, avoid programs that claim to make you “1 million dollars” in 6 months. Opt for online programs that claim to help you reach a “5 figure income” in 6 months.
Q-2: What do You mean by Passive Income?
A-2: Passive income implies money that is coming from a source other than your primary income source. When you earn a living via your primary source, you give time, energy and effort solely towards your chosen profession. If however, you can manage to find a stream of income that does not require you to commit a 9 to 5 approach, it is termed as a passive income.
While this does not imply that you do not have to put in any effort for the same. What it implies is that you can earn money from a source that is other than your primary source. For example, you work 9:00 Am to 5:00 Pm at the office and from 7:00 PM to 10:00 PM at the local diner (working as a part time waiter). Over here, your primary job is working at the office and the passive income source is working part time at the local cafe.
Q-3: What is the Best Passive Source of Income during the Current Recession Period?
A-3: The current recession is owing to the current Russia Vs Ukraine war as well as the Covid 19 pandemic. So, it has been stated that the global economy is bound to crash in the second quarter of the year 2023. This slowdown shall continue for at least a year and a half. Nonetheless, you can tide over this harrowing financial crisis by creating passive streams of income.
While there is no single passive income stream that can be termed as the best, online job market is best suited in this time. So, you can earn money by writing articles for websites, creating websites, designing logos/flyers and even by editing articles. If you are well qualified then, you may design homes online and even participate in surveys.
Many multinational corporations have opted for ‘work from home’ concept. So, if nothing seems to work for you, try your hand at such multinational corporations to get the job that allows you to work at the comfort of your home.
Q-4: Why do Passive Income Clubs Charge a Fee if I Join their Program?
A-4: Well, such online clubs have exclusive offers that they share only with a select few individual. So, the strategies for making money online are lesser known to general marketers. So, if you are being given those secret strategies then, you have to pay a price for it. So, it is quite obvious that you need to pay money to make money.
Besides, Passive Income Club shall also offer training programs. Personal support shall also be offered by such membership programs. In a nutshell, you shall be spoon-fed all the way till you start to make money online. Hence, there is no shame is shelling out a few dollars to make a few thousands in return.
Q-5: How shall Passive Income Benefit Me?
A-5: Well, additional income is always an asset. I mean, who does not mind a few hundred or even thousand dollars coming their way? When you have extra money to spend, you have the distinct advantage of buying whatever you like. If you want to help others then again, that extra bit of cash can come to your friend’s rescue.
Finally, passive income can come in handy when your primary source of income has stopped. Extra bit of income is always helpful. It can be the difference between a great life and an ordinary one. So, always aim at getting more money without (of course) compromising on your normal life.
Q-6: I am Working on a Tight Schedule as I have a 9 to 5 Job. Nonetheless, I am always short of funds. So, how can I find time to create a Passive Income Stream?
A-6: Well, you need to find a passive income stream that does not take too much of your time. For example, writing an article for your review website. Spend an hour or two writing one article daily. The remainder of your time, you may concentrate on your normal job. In a few years time, your 2 hours a day (spent on your website) shall start to yield positive results. This way, you can create a steady stream of income without working too hard for it. It is time consuming though!
The Final Analysis
This is one of the finest platforms for expanding your online business. Not only do you get to earn money, you also manage to learn new aspects of internet marketing.
There is a ‘Pro version’ of the Passive Income Club. If you join the professional version, you have the ability to literally double your current earning potential. The Pro version costs $97. Nonetheless, if you wish to go with the basic version, all you need to pay is $47.
In short, this is a program that is suitable for people who aspire to generate a sizable monthly income without putting in a lot of effort.