Lawn Chair Millionaire launched on 12/06/2007, and it's everywhere already! Lots of people are really excited about this one. Why wouldn't they be, if what they claim is true? That's a big IF. No sponsoring.. earn the day you join.. earn if you do nothing other than sign up and pay your monthly fee of 30.00. I signed up at the website to try to get some more information about what the site truly is about. I didn't join..yet.. because it costs $80.00 to join and 30.00 per month to remain a member. I don't know if I want to part with 80 of my hard-earned dollars just to test drive something, when I can't be sure it's not complete BS. According to the rather vague info at the site, they have one single moneyline. Everyone who joins after you is under you, and you get paid your share of the "Moneyline Pool" every day from the day you join. According to the site, my share on sign up would be about 78.00, which would almost cover my $80.00 investment, but then it has the amount broken up under the 78.00 into three months. So I don't know if I'd get the 78.00 today or broken up over the three months. They're not very forthcoming with a lot of details. I believe that it is broken up, based on what the ads say. It also says they guarantee you'll get paid for at least 60 days. So, what happens after the 60 days? if you don't have referrals of your own.. from this no referrals required system.. you won't be guaranteed payment every day any longer? This one smacks of a pyramid scheme to me. If you get in early, you'll make some money, but will it be able to sustain payments and will you continue to be able to grow and make money indefinitely..? My guess.. probably not.
Unfortunately, it's so new that it's hard to get any kind of concrete information about what the "real deal" is with this program. I did a little looking around online, to see if I could ferret out any more information about if anyone has been paid as promised or not, and I found one post on Yahoo Answers from a guy who said he got 19.00 his first day and expects to get that every day and more. Another guy who claims he signed up on day one, said he has tripled his initial investment already. Not too bad, if it's true, and if that is what everyone can expect who joins. I imagine he made that by recruiting a few people under him. I doubt that's how much he got just from the moneyline. They do offer a one month money back guarantee.. or so they claim. No idea, of course, how many hoops they make you jump through to get that refund, or if you'll ever see it, but you can always drop out if the money isn't rolling in as expected.
Here's what the ads say:
"The Moneyline Pool has YOU earning money the day you join, and for months after, whether you refer anyone to Lawn Chair Millionaire or not! No sales = No problem!! The entire Group is working together in ONE single Moneyline. EVERYONE who joins after you is placed below you in your business! YES,
If you join NOW and upgrade immediate, everyone who join after you from the globe will be placed under you! The moment you LOCK IN your position in the Moneyline you LOCK IN your Moneyline Pool shares! Your first share is paid to you at midnight the day you join. This golden
opportunity costs you a one-time $49.99 set-up fee and $29.99 monthly fee. Every time you sponsor a new member you earn a $20.00 Fast Start Bonus that gets allocated immediately when the sale is made.
You earn a $15.00 Referral Bonus each and every month that your personally-referred members stay active by maintaining their subscription to The Vault.
Earn by simply joining the Lawn Chair Millionaire Group! This income is allocated to your commissions in the Administration Money Manager in three segments during the first 60 days of your active membership. A selection of unique and proven ways that you can turn your Moneyline Pool commissions into small fortunes.
TAKE THIS SERIOUS. This will be a great experience, if you take this serious and BEST is that you share it with others after you upgraded to maximize your earnings" The other facet of this system is their "product".
Yes, they do actually claim to have an actual product. It's called "The Vault" and, apparently, is filled with tons of amazing information you can use to make more money. Even if you can't recruit referrals to the Lawn Chair Millionaire program (LCM), you can use the products in the vault to earn money. I can't find any exact information about what sort of mind blowing information is in this vault, but one member said it's pretty much a bunch of crap. The stuff in there isn't free, most of it you have to pay more money for. I can't find any real details as to what exactly is in there or if there's anything at all worth paying 30.00 a month for access to. Your membership to "The Vault' is what they claim the membership fee is for. Odds are that "The Vault" is just a bunch of crap they had to throw in to keep the system "legit", but may or may not have any real value.
I will say one thing, they do go for the hard sell. Immediately after signing up, I got no less than 5 emails from LMC urging me to upgrade now!! to avoid losing my position and lowering my share of all the millions. It must be effective though, because one site claims they are having people signing up and upgrading at a rate of 400 people an hour!
Maybe one more email and they woulda had me!
I'm going to keep my eye on this one for a few more days, and see what I can find out. If you're feeling adventurous and want to try it and see what happens, you can sign up at http://www.lawnchairmillionaire.com.
If anyone is a member already and is getting paid, please let me know, and give me some more details!
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Comments: 37
You would be better off taking that $80 and opening a high-interest savings account with ING or Emigrant direct, and depositing your $30 "membership fee" into the account every month and letting it accrue 4.X% interest every month. I'll guarantee that at the end of 6 months, you'll have more money through that method, than by giving it to the lawnchair millionaire website.
Here is my experience to date. The first night my account was credited with $17.77.
The money counter on the website said that I had earned $19.92. I have not been credited with anything since the first night. I have submitted a support ticket but it has not been answered yet.
There is a geneaology section that shows your downline. There are twenty-five names
on a page. As of 5:45PM EST there are 146 pages. That comes to 3625 people under me. It also comes to $290,000 that the owners of Lawnchairmillionaire have pulled in over a four day period.
Maybe nothing else has been credited to my account because they are overwhelmed by the traffic. I would like to think that this is the case. It doesn't cost anything to credit an online account with money. It only costs when they really payout.
At this point, I really have no reason to recommend this program. When and if I have something to report, I will post it here.
Has anyone wondered who the Lawn Chair Millionaire is? Have you also wondered, like me, how he got to be such? Do you really think YOU are going to be a lawn chair millionaire?
There's several things you don't do in joining any program on the Internet. You don't join unless you know who the owner(s) are. You don't lay your money down unless you know the Company and the products are legitimate.
Even if there were "downloads" in the "Vault", who cares? How many downloads do you read each day. So often they take 30 minutes of your reading time to make one point and guess what, it's not that important or useful.
I got the email a couple of hours after LCM launched and I did not like what I saw, so I passed. I suggest you do the same.
Now for The Vault
You are not missing anything in the vault. The programs are the same type that you see on the internet every day. Example - Forex trading, sports betting are 2 of them. The 3rd one I cannot remember, but it simmilar to the others I mentioned earlier. Plus they are asking a HEFTY price to join these programs in the vault - plus you still have to invest your hard earned money AGAIN in order to work these programs.
I have not yet joined any of the programs in the in the vault, because I just can't afford it. I am thinking of canceling at least get my 30.00 back - the 49.00 is non-refundable. Please keep your money in your wallets! This program is not for the average Joe.
Paula
Chico
I will update on changes or concerns.
Hi Mary Beth. Thanks for your input.. I really appreciate it!! I'm glad you're making some money, and I hope it continues to be so. The thing that gets me and makes me not endorse this "business" is that they don't tell you that you must refer to earn any real money. They say that you don't have to refer and imply that you will be paid and be able keep earning passively.. just pay your 80.00 and your 30.00 a month... They don't explain, and I don't think everyone is clear on that joins.. that you will only get the amount of money that they show you split up over 3 months. They make it seem as though, if it says it's up to 100.00, that you will get that much. I just don't think they're very honest and don't tell you a lot of things before you join. Like, they don't tell you that the thing you're paying your 30.00 for.. access to the vault.. will do nothing for you, because all that's in the vault is forex trading and gambling options..that will cost you MORE money. I'm glad they changed the charge for the debit card, that was unbelievable..but those who don't have 3 referrals still can't get their money without the card. So they get nothing until they pay, or get their 3. But, I guess they're trying to make it fairer, so that's good. I think for those who are able to get some referrals, it might be a good option. The only thing is..how long do you expect those referrals to keep putting up their 30.00 a month unless they each are able to refer enough people to cover their costs every month as well. They stop paying, and there goes the residual income. oh wel.. keep us up to date on your progress.. I'm interested to know what happens with this. Thanks . :O))
Duck=scam!
I joined as well, and after gaining access to the members area I realized that this is a program that's designed to make the founders rich and that's all.
Yes I joined thinking that it would be an easy way to make a few bucks before the holidays. Well, $80 to join, plus another $30 per month to receive my commisions.
Then another wad just to get the debit card to get your money.
Before you know it you're into it over a hundred bucks.
Well, they're lieing to us just to line their own pockets.
I'm bummed out.
I want to believe that they care about people, but I've come to the conclusion that they care for nobody but themselves.
It brings to mind a cosmic truth that Jesus spoke of when he was walking with us as a man.
He said, "What does it profit a man to gain the whole world only lose his soul?"
Yes, you can create ways to extract money from those who trust you. But after that what do you have?
A lot of money!
You can't take it with you.
If we would take to heart what the Master said we would experience an increase of wealth of eternal value.
James
www.wealthdiscoveries.com
Happy New Year to all.....
To Your Success
Bob
Lanw Chair Millionaire, because I still have many doubts.
Can I spend some more information.
I think it is a great pyramid, as no concrete and explanatory information about the program.
I hope that undestand my e-mail. (I don't speak english).
Regards,
Elias Covo
Brazil
http://www.ripoffreport.com/reports/0/295/RipOff0295740.htm
Not really related...just sharing...
I am reviewing the business opp too. I already have experience with these kinds of businesses...so I understand the level of risk.
I want to commend everyone who is taking chances on trying to make change with your current situation. The challenge, it seems, is finding a company that has history and/or unique/useful product or service. There are a few things I want to share. I have an entrepreneurial spirit and I know what it means to be "green". Everything someone else tells you becomes a reason to doubt yourself. For those who are "on the path" to adding an additional stream of income or whatever your reason is...this is for you.
Everything is not a scam. People who earn an hourly wage or salary...and have never been in sales-will not understand businesses that pay commission. If it walks like a duck and quacks like a duck...they will not understand...or I'll say-will not be familiar with this structure of commission based business.
A scam is paying for peanut butter juice thats supposed to clear your acne and it will never be shipped to you or it turns out to be sugar water. I'll agree that many of the business that I've experienced have a product or service that does not justify my monthly investment. Thats ok-you make a decision and move on. So, do not be discouraged, we will yell "fire" every time we smell smoke...you have to do your own investigation, understand your risk and make a decision.
Pyramids? Everything is a dag-on pyramid. Food groups, companies, government...you name it! Anytime someone has an idea and creates a company to distribute a product or provide a service...who comes first? Do the thousands of workers who bust their you-know-what's end up on top? Nope. they're down there at the bottom of the "pyramid". As the owner and other board members earn wonderful incomes you...at the bottom (as important to a business as you are...) earn...
Consider this...can you really call something a pyramid when the commission...or the pay is the same for everyone? How wonderful would it be if you earned what the boss or owner earns? In your mind...you'll say, "no, that wouldn't be right because..." because what? See, in your own mind you've justified why you are down there at the bottom. If the pay structure is the same but income is based on performance...and you're not getting paid what you'd like...
In our defense, I will say that people who bring you into the business may not do a good job of showing you HOW to have activity...they don't show you how to increase your sales-that's your real problem!
Risks, everybody has a threshold for pain-right? I know that there are financially pragmatic folks out there; I seriously doubt that everyone is. People want to chose what they blow their money on...what "BS" they want to dump their money into. For many, making an investment on a business $80 up front...$30 monthly for the chance of making the money back or more is ok too! At least it's some "BS" that may make you some extra money. What kind of "BS" do you spend on that gives you nothing in return?
So, to the Entrepreneur or someone just trying to make some lifestyle changes...keep moving forward. I do not suggest dumping tons of money into an opportunity (I always suggest as low-cost as possible), nor do I suggest going in blindly. If you can deal with the risk...decide and work hard to make it work. Trust me, there are companies that you will make money with...no not give up, ever!
Thanks for asking the question...maybe I'll return with feedpage and progress if I decide to do it!
Until then, you and family take care!
Many people think any internet opportunity or venture is a scam, but they would be wrong. I have been making a full time income on the internet for the last 5 years. I agree percentage wise most are out and out scams and others are poorly conceived and managed so are destined to fail. But every year or 2 an income opportunity comes along that is a diamond in the rough and it these such ventures I have made a living from. The best kind of opportunities are ones that truly make you a passive income but also have a commission plan. There is then no pressure to recruit to make money and that is when you usually do the best recruiting. Why? Because you're relaxed but excited about your opportunity and just sharing your good fortune with a friend rather then trying to get them to spend money in your program. People can sense desperation and that will certainly drive them away. Thanks again for all the comments especially those already in LCM. Yes, I was investigating it, but thanks I think I'll past on this one. You have to check them out or you could miss that diamond in the rough.
Mark my words, LCM won't be around a year from now. Save your money and look for legitmate home based businesses. Most companies that promise you that you're going to be rich doing something as easy as LCM claims is definitely a scam. You'll be reading about LCM soon, their site is about to be shut down.
Just found this and you've saved me a load of cash. Many thanks. Ill stick this one in my blog as one to avoid like the plague.
Thanks Again
GoldenmonkeyUK
This is what the wealthy do and it's great that the average person is starting to catch on to this!
We have to be smart about this because there are legitamate MLM companies out there, but there are so many scams.
You have to do your homework and even then talk to other people like we are doing now. Get some feed back.
We are hearing from those who have had a bad experience and a few who say it's okay so far. The end result is: "You have to make that final choice"
Can you live with the results?
Via Man
My wife and I did so because we decided to try their product under the eye of a seasoned doctor, even though their claim was the product is all natural.
This one turned out to be honest and it's been over 3.5 years now.
Yet, I continue to look for various methods of income to continue to take care of my family and help other people.
I continue to talk to other people and experts to get their input in order to come to my own conclusion.
you wont have seen any posts from me yet, i just joined to add to this blog, thanks suze for posting this, obviously, as i was doing my due diligance, searching out this SCAM i ended up here, coool blog
let me share something for you all,
any company you decide to join MUST offer something of TRUE VALUE - the vault on this program is full of BS by the sound of it, what people have to realise about attraction marketing is this -
it is the oldest form of pitching ever - God uses it and THE DEVIL uses it - period !
my advice is to look for opportunities, where you have the ability to give people empowerment, and help them to achieve the success we can all get - this is done by education education education - the only true path to lasting success is to empower yourself with life changing structured self development - there are a multitude of these mentors out there - do a search for them - learn and offer the knowledge to others - you have to give to get and lcm gives nothing of value -
become the leader people need to help them achieve unlimited success through empowerment -
ok rant over LOL ;)
everyone do yourself a favour, read think and grow rich, by napoleon hill, and take some self development courses or literature, then give it away to others, they will soon be asking to join your network as you build trust and form good relationships, then you can give ADDED value with more support and ENLIGHTENMENT ;)
there is no way round this, there must be a human element some time -
computers are great - but they are not people who care - nothing can be done on pure auto pilot - BE a LEADER - HELP people to help themselves - offer REAL VALUE IN A WORLD FULL OF FAKE :)
God Bless and BE AMAZING !!!!
simon
Thank you for starting this blog. Just last night I almost goit into this "SCAM!" I actually filled out the application till it came to where it was asking for money, then I realized I did not know anything about this company or if they are publicly traded or if they even have a bill of rights that protects my income structure once I got in and the list goes on. Well, you know I stopped and when I was doing my due dilligence today I came across your page!!! Thank God!!!!
I do have something to offer everyone. You do not have to pay to join but you do have to be invited. so take this as your invitation..everyone!!! www.aisle19.com. ID# 864201. This website will open to a mall online of over 600 stores where most of you already shop. For example..Walmart, Target,Kohls',Sams, and my favorite is Restaurant.com. You do get cash back and many discounts. Some of the stores will do free deliveries and even some you wont have to pay taxes and your informations are very secured. Hope this is a little bit more possitive for those of you who have been scammed!!!
Have a Blessed Day!!!
Bernice
Thanks
This is an interesting and informative conversation. I am one of those who finally joined Lawn Chair Millionaire and most likely did not do my due diligence. I have had many learning experiences. There are probably many people who are making money with this program, and some are making a lot, though I am not sure I would be one of them. There are two on the leader board who are always at the top in recruiting in any program they get into. Rachel Long with 4120 sponsored, and Mike Glaspie with 3567 sponsored. They go where the money is. Of course they have a big list of followers. Stone Evans the "Home Biz Guy" is also up there. Already for June the top recruiters are: Stone Evans 23,Rachel Long 22,
Ewen Chia 18, Mike Glaspie 15,Traffic Swarm 6,
and Success Mentor 3, there are others.
I am not recommending this program, at this time, but just want to add some information, for those who want to take a chance, and feel that they are worthy of the challenge.(Or just want another confusion factor to decide to stay away) LOL! I can see that it is a money maker for the top recruiters. I have been in their down lines before, and increased their overall wealth, not mine.
Have a great day, and success in your choices!
LCM is a 100% scam. I joined, and it refused to accept my login after I paid $80. I requested a password reminder, it recognizwed my email address, but it never arrived. I tried to re-register as a chek, and it stated it had my email address already, so I had not mistyped that. Thewy have no contact email or addresss - none of the addresses in whois respond, and none of their promoters online answer their emails.
Total scam and robbers. Leave it aloe because they will cheat you.
Pete
You will See that Giving is the Secret to Abundance.
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I have heard that One of the top Internet Marketers in the world has just engaged this Genie business as well . My Sponsor has told me that the first person that does take action this week will have the benefit of having 2 of his family members put directly under them and then 15000 prepaid legal agents are also joining this business
Once again thank you for the post on LCM.. You saved me $80 and I wanted to return the favor by giving you this free software.
Robert Hartsock
502-419-2327