Thinking about joining Millionaires Society - any belong?

[DorianG]

Hey guys - chomping at the bit to join Millionaires Society but am getting mixed reviews. Is there anyone here who is actually a member OR has been a member?

I'm looking for an honest assessment of what you get (it's expensive), but of course they promise a lot. Any help from current or previous members would be helpful. Thanks.

[enterscope]

You could spend the money on buying an existing website with revenue. Then you would have some recurring income and a change to make the business better for more profits.

You would get hands on experience plus the chance to pick out whatever website you want that's for sale. There are plenty of good sites already making money for sale on Flippa website marketplace.

In general, the price for an existing website is 10x the monthly revenue. So if the website is making $500 per month then it will cost around $5000. You can find unbelieve deals for developed websites with traffic but no revenue that you can monetize and fix up to resale later.

All in all, the information is out there and you can either pay someone else to teach you or invest the money into your own business and learn on your own. Good luck!

[steiner]

Problem wth sites like that is that most never have any millionaires in them or a thousandaire. People with broken dreams and using good money after bad. It's a pity to see my friend always starting these "programs" and joining "conference calls". It's even more pathetic to see him fall prey with many others because their generation was not born during the internet days and is lost in this world, swayed by charlatans throwing keywords like "SEO" around like cheap politicians posing with babies in their arms.

[DorianG]

@ steiner

For the most part, I agree with you. But in this case (which is why I'm asking from those that "are" or "have been" affiliates) these are the stats as of today from CBEngine:

CBEngine (http://cbengine.com/id/msociety)
This program is currently ranked #5 in E-Business & E-Marketing: Affiliate Marketing

Marketplace Title
Millionaire Society - Already Paid $7,042,774.72 To Affiliates!

Marketplace Description:
Lowest Refunds In The Market Because Customers Love This Product! Long Term Money Maker. Monthly Recurring With Upsells! Bump Your Commission To 100% Inside Our Affiliate Command Center! Go To www.millionairesociety.com/affiliate

Vendor ID msociety
Refund Rate

Product Price
Billing Type Recurring
Gravity 143.82 -7.58
Referred 93%
Commission 50%
Avg %/sale 50%
Avg $/sale $77.88
Initial $/sale $7.82
Avg Rebill Total $70.45
Avg %/rebill 39%

Activate Date Nov 9, 2010 (clickbank)
First Seen Nov 12, 2010
---
As you can see, it's been around awhile and ranked #5 and clearly has great payouts.

May I ask if your friend has had any experience with this program? S/he'd be a great source for the information I'm looking for. Thanks (get him on this forum!).