I don’t know how you were led to this program but whatever it was, I want to give you a better understanding with this 7 Figure Freedom Formula review.
I’m sure the members of this program will not like what I have to say but I am really tired of seeing these types of sites that have a hidden agenda that takes advantage of those that are looking for a legit way to make money online.
It’s sites like this that give the industry a bad name so rather than being nice like I always try to be, I think it’s time I give it to you like it is and leave the sugar coating off.
Things like “Turn $1 into $1 million” should already be a good indicator that something fishy is going on but of course we all want to make money, especially online.
That is expected with these types of sites but good thing for you, I have had my run with them and I can tell you exactly how they operate and most especially if you should invest that hard earned money of yours.
This review won’t take long as I know you could be playing Candy Crush or something and I personally don’t like to spend too much time blabbing about something that is not worth my time as well.
Let’s get right into things so you can be on your merry way.
7 Figure Freedom Formula Review
Summary
Name: 7 Figure Freedom Formula
Website: www.7figurefreedomformula.com
Owners: Bill & Michelle Pescosolido
Price: $1 7 day trial and then $48/month + Major up-sells
Overall Rating: 1/5 stars
So What in the World is 7 Figure Freedom Formula Anyways?
There is really no information on what you will be doing and all you are presented with is a bunch of hype and big numbers that I’m sure made your eyes come out of their sockets.
“How much money do you want to make in 2018?”
Everything is presented with money and not a clear indication of what this site is even about and there is a reason for that.
Well, to sum things up, 7 Figure Freedom Formula is nothing more than the start of a sales funnel, which will eventually lead you into a high ticket program called My Online Business Education, which used to be called My Online Business Empire.
To get away from being nothing but a ponzi scheme, they have changed their name but the end goal and hidden agenda still remain, which I will be getting into here after I tell you what they have to offer.
The Products
There are no actual products attached to this program but rather that so called education and a chance to resell the this education in order to make the type of money they speak of.
The pricing for these products are through the roof and if you’re not careful you might just become another victim of what is really happening behind the scenes.
How Everything Works
Remember this little quiz?
Some of you might, but some of you probably went through another type of landing page, which will all lead to the same place.
Just from the very start of this funnel, there are nothing but red flags.
First, you have these very specific numbers and unrealistic claims, which I am very much familiar with.
$30,000 in 24 hours?
What are they selling to make that much money because as an affiliate marketer myself, I know that the only way to get that is to have a lot of traffic to your site or promote a high ticket program.
In this case, it’s obviously a high ticket program.
What Are High Ticket Programs?
These are nothing more than education platforms that “teach you how to make money online” and many other things like mindset and other online marketing strategies that are nothing more than a front to what is really happening.
So what makes them a high ticket program is the selling of these programs (for thousands of dollars) so that you can make these high commissions that you joined to make in the first place.
Now here’s the catch.
Before you can start making any of these high figures that you see, you will need to purchase the same exact “education” before you can resell them.
“Resell rights” is what they like to call them but it’s just another term to throw you off as well as keep them under the radar.
So everything starts off with hype and then leads you to a high ticket program that you will purchase and then go out there and do the same in order to make money.
The same process and hype that you saw is the same exact stuff you will be getting and throwing out there for others to do exactly like you just did.
Make sense?
Super simple method but with some shady marketing of hype and huge dollar amounts, it’s almost impossible for anyone not to get curious.
The Price
For the 7 Figure Freedom Formula funnel, they give you the $1 trial for 7 days and then you will need to pay $48 every month to continue using their tools.
Once you get to MOBE, you will run through more of their overall sales funnel and this is where the money will start coming out of your bank account, unless you completely understand everything I just mentioned above.
They got you in with their $1 bait like all the other high ticket programs are doing but did you really think you were going to make $30k even in even 5 years with such a small investment?
I’m sorry to break it to you but it doesn’t work that way.
Not in the real world and definitely not on the internet.
Get in and you can expect to get hit with stuff that cost $3k, $10k, and even $30k.
Yup, you read that right.
Thirty freaking thousand dollars!
If you really think that some education for online marketing is worth that much money then you, my friend, need to wake up and smell the coffee.
If you gave into their $1 and/or the $39 membership nonsense, I hope you didn’t give into anything else because you will then feel trapped like everyone else who is promoting this stuff.
“I already paid for it and now I need to make money money back”.
That’s what others are thinking and that is exactly what I though when I was apart of this nonsense back in the day.
But Does This Work?
Some of you could not care less about how everything is ran and you just want to know if you can make money.
Well the answer is yes.
As long as you understand that you need to pay for every specific product before you can make any commissions.
If you want to make $30,000 then you need to spend that much.
And if you’re cool with knowing that in order for you to make these high commissions, you will NEED to lead others through the same exact funnel you went though.
Just like their sales video, you can bet that other affiliates paid for the lifestyle they are living while they continue to try to make even just their money back.
That’s how it is and if MOBE goes down like Digital Altitude did last month, you can bet that these guys will be in a world of hurt just like every other person had to deal with that were at the top of that company.
So is 7 Figure Freedom Formula a Scam?
I wouldn’t say that they are a scam but they are definitely a funnel that will lead to a ponzi scheme that will fill every advanced marketer’s pockets.
And if you don’t believe me, you can checkout MOBE’s disclaimer and you will see that a whopping 1% makes the type of money you see on their sales pages, while the rest make nothing and contribute to their earnings.
If that’s what you want to be apart of then hey, this might just be for you.
Just remember that a very similar site (same training, promises, products, etc.) called Digital Altitude just got shutdown last month, so do know that there is finally some action being taken to stop these sites from taking money from innocent people like you.
Conclusion
I have always tried to be fair with these high ticket programs by giving them the benefit of a doubt but I am really tired of people taking advantage of those that just don’t know any better.
I mean, what could you possibly be getting for $30,000?
That’s the price of a brand new car!
I was once in a high ticket program and although I did make some money back (not all), I could not see myself promoting something just so that I can make money.
I cut my losses and moved on.
Now I did find a program, which taught me how to make real money online and didn’t require any recruiting whatsoever, which I will always recommend.
I don’t make $30,000 in 24 hours (mind you that was a one time thing for those guys), but I do make a nice income online and I don’t rip anyone off in the process.
So if you want to make money online legitimately, by running a real online business, you might want to checkout this program instead.
Other than that, I hope I have saved you from another high ticket ponzi scheme as I’m sure you don’t have even $20,000 sitting around like they make it seem.
This type of stuff has got to stop and I hope this 7 Figure Freedom Formula review helps.
Thanks for reading and good luck!
Tired of Scams? Click Here to See What I Recommend!
Huge scam company. Glad I was able to get my money back. Happy to share my experience.
How did you get your money back Bee?
Hi John,
Thanks for this comprehensive and informative review about the 7 figure Freedom Formula.
Anyone can be really lured with the very low 1$ free trial.
There are a lot of the same model marketing strategies nowadays, and if you are not careful ,you will be stripped off of your money especially of the hidden upsells again and again after hyping you on their trainings.
The main sell is the high ticket price membership and this is where the high income would be coming.
This would be another cycle of recruiting activity to get the needed income.
Im sure this is an awakening for those who have read your article and who are planning to get into this scheme.
Hey John,
1st of all Thank you very much for guiding such a honest and valuable path to recognize scams.
I have been also trapped with many online scams and also in many MLM type businesses.
I totally agreed with you and thanks God i got you before proceeding ahead towards more trap. The most importatnt thing is we should not immediate conclude our thought to only hear about title like “7 figure”.
I learned as of now that when there is proper learning, passive earning follows you.
All the best dude.
Cheers
SR
Same to you SR!
Thanks so much for the honest review. I really get angry with these ‘get rich quick’ scams. Nothing in life works that way so what makes people think that they might have found a loop hole? Anything worth doing takes hard work and more importantly time! Look for those companies that don’t promise a million $ in a week but rather those who promise that perseverance will pay off in the end!
You are right JD. The companies that don’t promote any type of income or some fancy lifestyle is really the one you need to go with, which is really hard to find. This is also the same reason why I always recommend a program called the Wealthy Affiliate. First of all, they do not advertise themselves as nothing more then an educational platform with a community of online entrepreneurs, yet the training is really amazing. Secondly, they do not do teach any kind of recruiting methods in order for you to make money, which I’m sure is a breath of fresh air to a lot of people. Thanks for your thoughts man and I hope you have found a company that works for you.
Hi John; I have read through your post and I could not agree with you more.
Some people fell victim to these traps because of greed. If this platform was mentioned as a gambling platform it could be understood.
Could it be that the teaching that is mentioned is the product that they are charging this$30.000.00 for under the guise?
DorcasW
Hey John. Thanks for the heads up on this. I think it is our duty to expose programs like this. They really do give online business (and us) a bad name.
This age of ‘instant’ everything leads to programs like them to be successful and scam people out of their earnings. Because everything can be achieved in an instant people think that money can be made in an instant.
On the other side of the coin is Wealthy Affiliate (which I see that you promote) a platform without hype and is scam free? Is it a safe place to do business from?
I think it’s crazy that I have never heard of them before but the only one that I feel comfortable with…Why do you think that is?
Hennie
WA is not promoted like everything else out there for several reasons actually.
One, they are simply a platform to build a website although they do have THE BEST training on how to make money online legitimately.
Two, they do not teach you how to recruit people in order to make money. So when you have one of your family and friends talking to you about a program, you can tell that they are just trying to make money from you, no matter how sincere they sound. WA teaches you how to sell actual products online through affiliate marketing, which is an absolute genius way of making money online.
Lastly, every single person on WA has their own business, which is why they are willing to help you with yours. You are not competing with one another as we all enter with different niches and are simply just trying to help.
Not to mention their completely free trial that doesn’t require a credit card yet still gives you full access to the site. If you don’t like it, you really just do nothing and that is it.
You can checkout my full review of WA here if you want to learn more.
Hope this helps Hennie!