Welcome to my unbiased and honest review of The Residual Income Code.
I know you can only be skeptical about yet another make money from home program as there are literally thousands of them that promise to make you tons of cash, so I’m sure you will appreciate what I have to say.
Rather than trying to sell you on why you should join this program, I would rather give you the ins and outs of EXACTLY what you will be getting yourself into so that you can make a wiser decision.
I know how it is to be new to all this make money online thing as I have done it all.
From free survey sites that pay pennies, to the recruiting MLM game, and trading, I have had my share of hype and disappointment.
All that messing around until I found something that actually works.
The only thing good that I can take for the many scams I encountered was the lessons I’ve learned and the fact that I get to share my knowledge with people like you.
So before you go joining this program, let me show you what you can expect.
What is Residual Income Code?
Residual Income Code is a multi level marketing company that gives ordinary people the chance to buy in and ostensibly start their own business.
Unlike most multi level marketing company, Residual Income Code has the benefit of being free.
This is going to be a big point in its favor for people wondering whether or not they should give it a try.
This will be especially true for newbies that want to wade in the waters of MLM without traversing over to the deep end.
A man named John Moss is the founder of this company.
Moss has been a small figure in the small business world for years, offering coaching services, and practicing a variety of other business opportunities.
However, it isn’t quite fair to say that he necessarily created an MLM program here.
What he more did, was create an avenue for MLM minded people to flourish.
We will get a little bit more into the specifics of the program in a moment though.
For now, just understand that, unlike most MLMs, you aren’t orienting your efforts around one or two core products, but rather many different things.
What is nice is that the program does provide training for each individualized product.
This is yet another component of the program that will give it broad appeal to the MLMer that lacks experience.
By way of the program’s structure, it does much to help navigate the learning curve of the sales world.
Let’s now dive a little bit deeper into how Residual Income work.
How Residual Income Works
So just how does Residual Income work?
It’s actually kind of like a market place for MLM oriented opportunities.
Rather than promoting an affiliate opportunity for one specific product or company, you get the chance to choose from many different affiliate programs.
As a result, the net for products that you can sell becomes much wider.
Essentially, affiliates just have the opportunity to scroll through their options, and select products from companies that they feel they can market well for.
The only cost associated with the program is that of buying the products.
Because of this method, you can really control the overhead that you put into the project.
You are never really pressured to buy more than you are comfortable with.
The way that this company operates really is a departure from typical business practices.
However, in a world crowded with overly complicated MLMs, there is something refreshing about the simplicity we see here.
It is a little bit of a challenge to list the products and services that you would be selling at Residual Income Code.
Well, like we said, this is more a marketplace than it is an actual specific business.
There are lots of companies that have an affiliate relationship with Residual Income Code, and as a result, there are also many potential products and services for you to sell.
However, there is a broad theme.
Pretty much all of the companies that have an affiliate relationship with Residual Income Code are, in one way or another, in the business of web marketing.
The main program that most users of Residual Income Code are exposed to is Engagely.
Engagely focuses specifically on marketing towards Facebook audiences.
Unfortunately, you do need to purchase this, and any of the other marketing programs that are presented on the site.
The startup cost of this purchase is going to vary depending on the product that you wind up choosing.
However, it is worth keeping in mind that this fee is still less than that of most MLMs, which require an upfront payment, and the purchase of products.
The Compensation Plan
The compensation plan is strictly based on commissions.
The straightforward, direct to market method of operations eliminates one of the least popular elements of MLM:
That’s right, recruitment.
If you have ever done an MLM before, you are probably well aware of the fact that they often emphasize recruiting others more than they actually emphasize true sales.
Many people, especially new comers, often find this component of the practice disheartening and challenging.
The good news is that it is not a factor here.
You are paid for what you sell, no more, no less.
The percentage of commission that you get will depend on what you are selling.
While this is a nice way to do business, keep in mind that it still produces a challenging lifestyle.
Even without fees, and even without recruiting, the company still ensures that you make only what you earn.
The practice sounds fair enough on page, but it means that you may go awhile (weeks, or even months) without any income at all.
The lack of fees takes the sting out of this fact a little bit, but it will still be a challenge for many people.
How it All Works
What we have here is a typical funnel to a bunch of “products” that require you to buy before you can make a commission.
When it comes to affiliate marketing, there is no need to spend any money to become a partner, just like you can with Amazon and every other online retailer you can think of.
Programs like The Residual Income Code are designed to have you pay so you can pay the person who introduced you to it.
Recruiting other people into what is known as a high ticket program, just so you can repeat the same process with others.
By joining each of these sites, you are going to be giving a commission to the person who introduced you to all this.
So if you think that those so called products are legit, you might want to read the story on how and why those high ticket programs got shutdown.
Oh and keep in mind that they are called high ticket because their products are going to cost you thousands of dollars before you can re-sell them.
Been there, done that.
Is The Residual Income Code a Scam?
That is always the question when dealing with MLMs.
Short answer here?
Just from the fact that there is no built-in startup cost, you can tell that this company is doing things by the book.
However, just because it isn’t a scam doesn’t mean that the deck is not stacked against you.
Keep in mind that Residual Income Code does a lot less than most MLMs.
Since they are not in and of themselves a manufacturer of goods and services, they pretty much only connect you with people that have something to sell.
Once you do sell those products, Residual Income Code takes a nice slice of the pie for themselves.
Again, this sort of practice makes sense.
You have to be willing to give to get after all.
Still, potential users of Residual Income Code should keep in mind that, like all MLMs, they will have an easier time making money from the business arrangement than you will.
It isn’t a scam, but like just about every MLM (just about any job, really) it will be a challenging opportunity.
What I Really Think
High ticket programs will soon be a thing of the past once the FTC gets notified about them.
If you feel that these programs are ethical and they do provide you some real value, then hey, this might just be for you.
I am personally not a fan of some marketing training that is really designed to show you how to sell the same thing you just bought, even if they try to make it seem like it isn’t.
I say, stay away from The Residual Income Code unless you are willing to lose a lot of money trying to get others to join you in this new venture.
Other than that, I hope this review has given you all the information you need and I hope that you can make a wiser decision.
If you have any questions, feel free to leave them in the comments section below and I will get back to you as soon as I can.
Thanks for reading and good luck!