Philip Reitcheck | greentrees

The 10K Challenge Review

Sep 20th 2012 at 3:20 PM

I have not joined The 10k Challenge program, but I have received several requests for me to review this online program. The 10K Challenge program was created by Frakie Bell of New Richmond, OH.

What is it?  Daily instructions, videos and checklists that you watch and do every day, to teach you how to make money online from 7 other different online income opportunities.  Since it is a new program, I do not know what all the different online income opportunities are, but I do know that the first one is Infinity Downline a marketing training program and list builder, and the second one is Be Motivated Today (BMT for short) that sells ebooks and self help programs.  I also know that it includes Global New Plan Network (NPN for short) that also offers marketing training, Ad Tactics a safelist and List Building Maximizer another safelist.

It is free to join for the first 30 days, then you are required to pay the $25 per month membership fee for the Infinity Downline membership.   Which 100% going to your sponsor.   At some point after you get your required Infinity Downline downline built, you then move on to BMT ($15 the first month and $10 per month membership fee).  Since there are at least two safelists involved, I am sure you will be asked to join them as a paying member also and use them to place safelist ads for The 10K Challenge program.

PROS - They tell you up front the you will have to spend  a minimum of 35 minutes each day of REAL work to both learn and market the program to make any money with it.  Plus you do get the first 30 days to check it out to see if it is the right fit for you before you have to pay anything.  They send you a training video and checklist of tasks that you must do everyday.  They state that if you do the work you will build a steady income slowly, until that  income should reach 10k in 4 to 6 months.  Unfortunately it has not been around very long, so I know of nobody who can truthfully state that this program will do this.

They also promote the team concept in helping you build your business, which is a very good idea for any MLM program.  As most pro MLM marketers know, helping your downline succeed also helps you to succeed.   In fact with this program, once you are making a profit, you then asked to start promoting your referrals program link.  This helps to insure that they are earning money when the time comes for them to also upgrade.

CONS-  First what happens if your referrals are "dead beats" who just want you to build their downline for them for a few quick bucks.  Or your upline sponsor quits and just leaves you hanging without any help, then what?

Another thing that worries me is that fact that none of the programs above have paying customers, just paying affiliates, and this has always been the down fall of most MLM programs in the past.  Once you start losing members, the remaining members start losing income, more members quite, and the then it starts to snowball.  Non-affiliate customers can keep a MLM program profitable, for its affiliates, during the long haul.  This is why having a MLM program with non-affiliate paying customers is so important to me.

And the last thing that I do not like (and I do not know if this is the fact) is that members are using non-responsive Safelists in their marketing (almost all Safelists are non-responsive, not just these two).   I have used both of these Safelists in the past and know for a fact that they are not very good in getting referrals for any program, even free ones, yet alone referrals for a program that requires WORK like this one.

IN CONCLUSION - Like I said at the start, I have not joined this program so I do not know all the answers on how it works.  I might be way off base on this program, but I feel personally that there are to many possible problems with this program for me to join and put time into it.  As my time is busy now working several programs that I do currently make money with.  But it is free for the first 30 days and if your have the 35 minutes each day to do the work, then you should go ahead and join to see if you can make it work for you.  You have nothing to lose but your time.

Your friend,
Philip Reitcheck

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