The Circle of Profit vs Wealthy Affiliate
(Scam or not? –you be the judge)
So how does the average small business owner, entrepreneur or new online marketer avoid online marketing scams? I say follow your gut. It always knows. And when it does not seem to be working, research, research and research some more before you put any money out there. In my entrepreneurial journey I have fallen for a few scams, but there would have been a whole lot more if there were not some caring people that dared to write a review and tell the world about possible scammers. In an effort to pay it forward I decided to follow suit.
Truthfully, I am just really over people that try to get over on other innocent and honest people in this whole marketing game. Now I am not naive enough not to think that we are all in the game to make money, but at the end of the day, I want my clients and customers to say that I am honest and fair. I want my legacy to be that I gave people good information, good service and they feel that whatever they get, they got it at a great value. I want them to feel that whatever they received was valuable and worth the time and money. So that’s the reason why I am writing this review. I am writing this review for the little people, the small businesses, the entrepreneurs, the online marketers that are often taken advantage of in this world of scams and scammers.
My Online Marketing Story
Let me back up a bit. I am an entrepreneur. I left my full-time job back in 2013 to pursue entrepreneurial ventures. Like most people I knew enough to come up with an idea and start a website so that I can provide great information and or products. The problem was I didn’t understand the many avenues that could come from providing great content. I always thought it was just about selling my products and services. I had no clue about affiliate marketing. I didn’t understand how my website could be a one-stop shop for customers. That not only would they get great content. They could also find other deals and items that they needed while browsing around and getting good information. In a nutshell and in laymen speak this is what affiliate marketing is all about. It’s about giving people what they need and want wherever they are on the internet.
Since I am also an author, one of my first ventures was my first book. Words of Inspiration Sister to Sister: So Then I Learned!
I wanted to have a platform to allow people to come and check out my website. Offer great inspirational thoughts and my book for sale.
That’s a good plan, right? Of course, it is. So I did it! It was like crickets. After the initial rush of my family and friends telling me what a great website it was. There was nothing. Thankfully, my book was also on amazon, so I did see some traction. The problem was I didn’t know how to bring customers that were in my niche to my website. I didn’t know how to get organic traffic to my website based on search engine optimization, keywords for my niche market, etc.
My next venture was Exclusively You Fashions, my little online women’s boutique that sells both resale and new clothing for women. I had some success with that because by sheer luck people do happen to look for things like clothes, and dresses and skirts and all of the stuff I was selling. While it was getting some traction, it was not nearly enough. I was not making the money I needed to make to stop doing some of the other stuff I do to bring income.
The Circle of Profit (scam or not)? You be the judge
At this point, I am getting frustrated, but I am not giving up because that’s just not in my nature. I do realize I need to learn more about SEO and online marketing, so I start looking for information. On my Facebook page, I see a celebrity, whom I admire, Les Brown, someone that I follow, giving kudos to an online marketing guru, Anik Singal. I stopped to tune in. This is exactly what I am looking for. The message was quite compelling, so I clicked on the link to learn more. For a limited time (don’t you just love that phrase), Anik Singal offered a free book on how to effectively market your business online. Essentially, how to make money on line. I was super excited, and I have to say his enthusiasm was very contagious.
The book is called The Circle of Profit. Now let me just say for the record. The circle of profit offers some great information and advice. And the premise of the book, staying with what works is absolutely great. I also have to mention that had it not been for this book I wouldn’t be on the right track now. So I am forever grateful. I did receive my free book in the mail as well as a digital download. I was so excited to finally have some knowledge on what I had been attempting to do for years that I read this book all 200 + pages in one day. It was quite engaging. The digital download comes with videos and other interactive lessons that allow you to be actively engaged in what you are learning.
I was enjoying what I was reading, but some things didn’t quite sit right with me. My gut was saying in all capital letters Avoid Online Marketing Scams! Some of the methods he spoke of made sense and I saw how companies used these methods on a daily basis, but I still didn’t like it. Some things just didn’t feel right. For example, He likened the “sales funnel” to McDonalds that upsells you at the counter. Would you like fries with that? Would you like a drink with that? Ok, I get it. I was okay with that part. Because you could just be doing the customer a service. They may drive off and think, why didn’t I get fries with that right?
The Sales Funnel Scam
This is the part that I have a problem with. In the sales funnel. There are three levels. At the first level you sell the customer an item for say $47, then you try to upsell another item for $127, if the customer says yes, then you try to sell them an even higher priced item. This is where it get’s a little scammish. If the customer says no at the $127 item, then you down sell that same item for $77 so that you don’t lose the customer. Did you get it? I hope I didn’t lose you there. It’s brilliant, but wrong. My question is. Is the item worth $77 or $127(with some profit)? If they are a valued customer why not give them the item at $77 in the beginning. This whole sales funnel did not sit right with me.
I thought it was quite ironic, but not so funny that while he was teaching us, this upsell (sales funnel) method, he was doing it to us as well. We would click on a link to something in the next lesson, and then he would try to sell us something else and when I said no, down come the price. I was like wow, you are going to show us how to do this and then do it to us as well? Very interesting!
Mind you I have the book, and I will keep it because it has some valuable information in it, but I found other disturbing things as well. I think the impression that was left was that he had come up with all of these ideas, and now I know that every idea presented has already been here. These are all marketing techniques that have been around for ages. Most effective marketers know all of these techniques. But I do have to give credit because as he stated it might take someone a long time putting all of the pieces together, and he had brought it all together and put it in a book. So yes, I think he gets credit for that.
So here’s where another scam comes in. The circle of profit book was free for a limited time, but to get even more information and to really learn the ins and outs of online marketing and to have a coach at our beck and call to help us build our business we would need to enroll in this academy. This is what I have a problem with. To enroll in the Profit Academy is $2997. By the way I just checked and the profit academy is no longer there. What’s up with that? The Publish Academy, which is supposedly different, is $2, 997. Now who has $3,000 just laying around?
And while no gun was put to our head to enroll I have been able to find the same information if not more in an organization called Wealthy Affiliate. Because I am always on the lookout for scams and my gut just felt like something was wrong, and because I was on the verge of purchasing some of the other resources he shared , when I finished the book, I decided to google Anik Singal and the circle of profit. In that same search, I typed the words online scam. Well, wouldn’t you know it? All kinds of reviews and information started popping up about the many companies Mr. Singal has had over the years and how they only last for a couple of years and then he is on to the next. I’m thinking if you have a good thing and it is of value, why do you dump the company and come up with something different? Why not keep the same company and just enhance it. Well, the answer is, changing the name makes it something different and now you can charge a much higher premium. After reading more and more reviews, I was thoroughly disgusted and grateful that I had not put any money into this program.
My Saving Grace
Then I came across this one website where someone was giving a review of the Profit Academy with its hefty price tag. Now what I liked is that the review was honest and not degrading. They gave the pros and cons, and you could tell that the reviewer was slightly slanted and a bit disgusted with the whole profit academy, but they were still somewhat objective. The reviewer was comparing Wealthy Affiliate to this new academy. I happened to click on the wealthy affiliate link, poked around, did some more research but was pretty much sold at hello.
Wealthy affiliate had a free seven day trial period that I could gain knowledge and ask questions to the community and get free training. I was also given two free websites. I could forever be a free member and allowed to use the basic training videos and lessons and could use the two free websites. If I wanted to I could stay a free member forever. Of course, I would not have access to premium training, but I could stay in the community and read all of the information that was being put out there for community members. I just wouldn’t be able to ask any questions because I wasn’t a member.
I liked that idea. I have to tell you what I learned in one week with wealthy affiliate I have not learned in 3 years on my own, searching the internet, etc. Everything that I had read in the circle of profit book was also discussed in the wealthy affiliate community. The only thing is that they did not approve of certain things that I had already had a problem with as I was reading circle of profit.
They did not encourage and approve of the sales funnel. Thank God! They also did not necessarily approve of investing money in email media. They encourage affiliates to seek for more organic traffic. It may take a bit longer but that way you will know that the people that follow you and subscribe to your sites really want what you are offering. Also, you learn how to write really good content for your website that draws your niche. I kind of like the idea of teaching me how to fish instead of giving me a fish for a hefty price.
So while the circle of profit is a great book and I actually suggest you get it. I also think you have to go with your gut and take some things with a grain of salt. Use the good and throw away the bad. Anik Singal’s personal story of despair to triumph a couple of times is very powerful and motivating. I can’t say for sure if the book is a scam, but what I do know is that the same information you would get in an academy for $3000 you can also get at wealthy affiliate $47 a month when you upgrade to premium.
So you be the judge. Check out the circle of profit and then come back and try out wealthy affiliate for a while and see just how much value you get from both. I wouldn’t even suggest you try out the profit academy or the publish academy , I just don’t think it’s worth it. In the wealthy affiliate community, I have at any time of the day or night thousands of marketing affiliates with loads of experience at my beck and call. I ask a question and someone is answering within minutes, sometimes seconds. I have a question about my website. Support is right there within minutes helping me figure out the problems.
I have been with Wealthy Affiliate for approximately two weeks now. I have two websites that looks great, indexed in google and actually getting some traffic. I even learned WordPress with the help of the WA community and was able to get rid of some of my websites that were hosted on other platforms. When you upgrade to premium with wealthy affiliates you can have up to 25 websites all hosted on one platform and no extra fees. Now that was a deal within itself. So yes, I am stuck on wealthy affiliates. Check them out. I think you will be too. Here are a few more their features and benefits.
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