Is My Wealthy Affiliate a scam or not?
Well, to start with, what gives a person the right to say, “This program is a scam,” or, “That company is a fraud?”
The answer is quite simple. First, look at the ways that people get victimized by online scams. Second, put the program to the test and see whether it does the same to its users.
That’s what I am going to do below, in my ‘Is My Wealthy Affiliate a Scam’ review. First, I am going to show how online fraudsters scam people. Second, I will put Wealthy Affiliate to the test and prove that it does not have any symptoms of online scams.
Let’s dig in, shall we?
Is My Wealthy Affiliate a Scam – Review 2017
Let me start with the term ‘online scam’ (or ‘internet fraud’). What is internet fraud definition? Well, by definition:
Next step, what are the most common online frauds and how they scam unaware people?
According to Heimdal Security – A Norwegian security company that develops security software against cyber criminal attacks, the following 11 types are the most popular schemes:
[Sidebar: I add the main goal of the scheme in parentheses – what the conmen want to get from you]
- Phishing email scam – (your login credentials, personal and financial data)
- Money laundering scam – (your money – savings, etc.)
- Greeting card scam – (your money, also private and financial data)
- A guaranteed credit card – (or bank loan) scam (your money)
- Lottery scam – (your money)
- Hitman scam – (your money)
- Romance scam – (your money)
- Travel scam – (your money)
- Fake Antivirus software scam – (your login credentials, personal and financial data)
- Hijacked (Social Media) Profile scam – (your login credentials, personal and financial data)
- Get Quick Rich scams – (your money)
As you can see from the list above, the type of the scheme is not really important. They all want to steal:
- Your money
- Your personal data (including login credentials, etc.)
- Your financial data (credit card details, bank account details, etc.)
At the end of the day, all three boil down to only one – money. YOUR money.
Because once they have your personal information, they can sell it to other criminal gangs (=get money). And by having your financial data, they can empty your bank accounts or credit cards… Or sell that data to other criminals (=get money).
Now, as you can see below, if Wealthy Affiliate were a scam, it would fall into the ‘Get Quick Rich’ scam category. Therefore, let’s look this category closer.
How Do ‘Get Quick Rich’ Schemes Scam People?
First, what is a get rich quick scheme to begin with? What is Make Money Online scam?
Without going into too much detail, here’s how Wikipedia defines it:
“A get-rich-quick scheme is a plan to obtain high rates of return for a small investment. The term “get rich quick” has been used to describe shady investments since at least the early 1900s. … Get rich quick schemes often assert that wealth can be obtained by working at home.
In other words, get-quick-rich schemes have some distinctive features:
- You get high returns for a small investment
- They involve only a little (and often easy) work
- The wealth accumulates quickly
- Often you can obtain it by working at home.
Because it involves ‘fast,’ ‘easy,’ ‘big money,’ and ‘working from home,’ there is an absolutely mind-blowing need for such type of business opportunities. And guess what? Cyber criminals absolutely love that fact. And they are exploiting it to the utmost.
Fortunate for them, it’s very easy to achieve. All they need to do is appeal to one basic human need – money.
Thus, these online con-men will lure you into believing that by buying their program or following their teaching you can quickly and easily rake in wealth on the internet. Some examples of their tactics are non-existent jobs (example), high-risk investment opportunities (example 1 / example 2), upselling (example 1 / example 2), etc., etc., etc.)
Also, they lure victims into giving away sensitive personal information and financial data (such as credit card data, etc.)
There are many more creative ways in their tool box to make people part with their money. Remember, these online charlatans are extremely creative and their tactics often highly sophisticated.
If you don’t want to get mugged, you must be very careful. Seriously!
How Does My Wealthy Affiliate Work?
So what about Wealthy Affiliate (WA)? What is Wealthy Affiliate and is it a scam?
Let me answer both of these questions?
To begin with, I have already written a detailed review on how Wealthy Affiliate works and how you can make money with Wealthy Affiliate (see here). Therefore, I don’t want to repeat myself here and am going to give you just a very general description.
To put it simply, Wealthy Affiliate is a very transparent internet training platform and community. From one hand it’s like an online business university (gives you training). On the other hand it is like a social media network which is oriented to internet marketing (gives you support).
Wealthy Affiliate is all-inclusive, which means you get everything from one place. Everything you need to start, run, and grow a successful online business.
If you want to learn more about WA, please read here.
Is My Wealthy Affiliate a Scam?
Now I am ready to give you 4 proofs (there are many more) that will show – Wealthy Affiliate is not a scam.
Proof #1: Wealthy Affiliate Founders Are Real Persons
Sounds trivial but it isn’t. Why?
Because, remember, scams and frauds are illegal criminal activities. So therefore, internet gangsters do everything to hide their true identities.
You never know the real people behind these shady systems and products. There is no contact information, no postal address, no nothing. Everything is either hidden or faked.
Now that is polar opposite with Wealthy Affiliate. WA is very transparent. Kyle Loudon and Carson Lim – the founders of Wealthy Affiliate, are real people. Their WA accounts are public and accessible to everyone:
Both of them are blood and flesh, both have families, real social media accounts, etc. And both are actively involved in helping WA members on daily basis:
Proof#2: There Are No Upsells in WA
As I wrote above, upselling (and hidden paywalls) is one of the most common tactics in the arsenal of online charlatans.
However, you find no upsells in Wealthy Affiliate.
Wealthy Affiliate have two distinctive memberships and nothing else. The first one is a Starter Membership, which is somewhat limited but completely free. The second is a Premium Membership, which is $49 a month (cheaper if you choose to go yearly) and is all-inclusive.
Yes, WA Premium membership is all-inclusive. Everything is unlocked for you and there are no additional paywalls.
Proof #3: WA Is Not a ‘Get Quick Rich’ Scheme
Kyle and Carson, the founders of Wealthy Affiliate keep repeating that Wealthy Affiliate training platform is not a Get Quick Rich scheme.
Here’s one of the quotes by Kyle that defines how you can succeed within Wealthy Affiliate:
“We live in a world where our success is differentiated by how hard one works versus the other. Look around at anyone that has achieved any level of success around you and they all share one characteristic (hint: it’s not always intelligence).
It is HARD WORK.”
Here’s another one:
“Plain and simple. Focused hard work will always pay off if done over a sustained period of time in the business world.”
And yet another one:
“Unlike most of the push button scams that tell you success is instant, I can tell you quite the contrary. It took me work. It will take you work. But you can and WILL achieve success.“
That’s exactly what Kyle and Carson have advocated all through the laste 11 years. In fact, the following statement was the very first paragraph of the newly born Wealthy Affiliate (back in 2005):
“First of all we need to agree on something. Making money on the internet is not easy. If it was easy everyone would be doing it, making millions of dollars a year and doing it from the comfort of their own home. If you are lazy and are not willing to put in some hard work please leave the site now as this isn’t a scam to make a quick buck.”
See! Wealthy Affiliate mentality is completely different from scammers. It has nothing to do with Getting Quick Rich attitude.
Proof #4: No False Sense of Urgency
False sense of urgency is another popular tactics of online scams.
It’s like, “Hey! This is your opportunity of a lifetime but the there are only few (9, 6, or 2) free spots left. So if you don’t want to miss it, you must act at once. Today is the last day and after that the opportunity is gone for good.”
However, visit these scam sites tomorrow or next week or next month – these 9, or 6, or 2 free spots will still be available. These scammers are lying through their teeth.
Can you find anything like that in Wealthy Affiliate sign up page? No! See yourself:
Why People Claim Wealthy Affiliate Is a Scam?
Because there are still very many people who think, making money online should be quick and easy. They want to snap fingers and get money raining down on them from heaven.
Unfortunately, that’s the mindset that they have when they join Wealthy Affiliate training. And when the overnight success does not happen, they get disappointed, throw the towel in and quit. Then they go out and start touting, “Wealthy Affiliate is an online scam. If you join them, you will lose your money.”
The only way you can lose money with Wealthy Affiliate is when pay for the Premium membership and then do nothing. In that case it is a waste of money indeed.
But hey, think about it… Isn’t this the same with universities? If you pay high university tuition fees and then don’t bother to go to classes, do your homework, etc. .. Isn’t that waste of money as well?
Of course it is.
The same with Wealthy Affiliate. After all, it’s an ‘Online Business’ training center. Plus, you can always stop if you feel it’s not for you. There are no financial obligations whatsoever.
Based on the proofs provided above, I can state clearly my conviction –
Why not do it now, before something else gets in the way. And don’t forget you have nothing to lose.
What About You?
Thank you for taking your time and reading my ‘Is My Wealthy Affiliate a Scam’ review. I hope you found the information useful and it answered your questions.
Do you have any other unanswered questions on Wealthy Affiliate? Please write it into the comment section below and I will return with a response.