Product Name: My Income Team
Sales Page URL: myincometeam.com
Product Owner: Alan Magliocca
Advertised Price: $97
The Price You Really Pay: $297+$97 monthly
Training and Tools: None
Overall Ranking: 1 star out of a 5 star rating
What exactly Is my income team?
That’s a great question. From the time I landed on Alan Magliocca’s website to the time I went to his sales page I wasn’t told exactly what I would be doing. The only thing I was told is that I would be receiving $1900 in the next 4 mins and that I was lucky visitor 248.
I guess this is supposed to make me feel special or something. After you are forced to watch his extremely boring sales video for at least 15 minutes he finally lets you in on his secret a little more by telling you that he’s going to give you your very own news network.
When he offers you your own news network for only $97 this should raise all kinds of red flags. When he tells you that you will receive $1900 in the next 4 mins you should start walking in the opposite direction. But, when he says your lucky visitor #248 and that you were selected to be a part of an elite group you need to start running and don’t look back.
We are told that we are going to get our very own news channel, but he never says what you will be selling. It looks like we aren’t selling anything and this seems like a pretty shady way of doing business to me by keeping you in the dark as to what you are actually selling here.
This is just another one of Alan’s website and hosting scams where he gives you access to your own website that’s hosted on Spawn Host which he also owns.
I reviewed another one of his programs a while back that was similar to this one called Commission Buddy . This was also another one of his website and hosting scams.
He has also released a binary options trading software under a fake name “Ron Banks” called the banks experiment. He has ripped off several thousand people of money through this software program.
Does this sound like the kind of guy you want to be going into a business partnership with?
What will you be doing after you join?
Once you join you will be taken to the members area where you will need to sign up with 3 affiliate networks and copy and paste your affiliate ids into your back office.
I will list them below:
- Cash network
If you have been in the internet marketing industry for a while you will know that Clicksure and Clickbank are both known for having low quality products. Many products that you find on both of these affiliate networks are also well known scams.
Once you paste your affiliate ids into your back office Alan tells you to sit back and let their team do all the work for you. Once he said that, alarm bells started going off in my head. This should tell you right away that you are simply buying into the dream of having an automated website built for you and all you need to do is collect the revenue.
Just keep in mind that the only person that will be collecting revenue here is Alan not YOU!
What all do you get when you join?
When you join he claims you will be receiving your own domain along with free hosting. Your website will be setup on spawn hosting which is owned by him. You will also already have traffic going to your website from PPC ads along with many other traffic methods that’s included in your “business license” as he calls it.
You will also be gaining access to his personal coaching (I wouldn’t expect too much) as well as the ability to keep in contact with his conversion team.
What you are looking at above is the price he claims you would have to pay if you were to start up your own news network elsewhere. He continuously keeps telling you that he’s saving you thousands of dollars by having you acquire your very own business license.
This is just another one of his shady marketing tactics that he uses to make you feel like you are getting an incredible deal here.
Don’t fall for it!!
Let me put a few things into perspective for you here. You can get your own domain for only $1 a year if you are able to find a coupon code on Google. Even without a coupon code it’s only $10-$12 a year. Hosting prices vary according to which package you sign up for but in NO way, shape, or form will it cost you $297.
As for traffic, you can get free traffic from Google using SEO methods (which is what I recommend when you first start out) You can learn all about that here and get started for free!
As far as getting personal coaching you can get that for pennies a day from somewhere that actually wants to help you be successful online.
Let’s discuss some of the Pros and Cons of this program
- I liked the $1900 discount I received when I joined LOL Just kidding!
- You are required to pay close to $400 up front without knowing what you are going to be selling
- He automatically signs you up for a 3 year hosting plan which is 10 times more than you would pay with any other hosting provider
- There’s no money back guarantee or free trial
- He has a NO REFUND policy and he makes it very clear in a public comment he put on ripoffreport.com when someone asked for a refund(Check screenshot below)
How much is all of this going to cost you to get started?
Like I mentioned above, It’s going to cost you $297 to acquire your “business license” as he calls it. Don’t think this is all you are required to pay, this is just the start of his lies.
You will also need to invest in something called traffic credits. Now since you will be driving traffic to your website mostly from PPC ads I assume this is what they will be used for. Once again, he tries to convince you that he’s paying money out of his pocket for ads for your website ($1500 a month to be exact) and all you need to do is pay $97 a month for this traffic service.(Checkout my screenshot of this below)
Now getting PPC campaigns to convert at a high rate takes a lot of tweaking and refinement to make it profitable. If I had a highly converting campaign I definitely wouldn’t be sending my traffic to other people, would you?
Of course you wouldn’t! This is just another one of his marketing tactics he uses to make you think he is paying money out of his pocket for you. So all together you would need to invest $394 into something before you are even told what it is.
Also don’t forget you will be locked into a $97 monthly fee which is non refundable just to continue with this business.
Given all the information I have provided you with above let’s see how this program stacks up to my #1 opportunity online.
Here’s my final conclusion and closing thoughts
Just the idea of having to pay nearly $400 for something that you really have no idea what it is you will be doing is just ridiculous. I also don’t like the fact that you are left in the dark about what you are selling or where this traffic is coming from.
Chances are that Alan is likely paying people just to visit your website and click on a few of your ads. If you don’t have targeted traffic from people who are actually interested in what you are selling then what good is it to even have traffic?
The whole idea of getting traffic to your website is to get people interested in what you have to offer. If you are serious about starting an online business and learning how to build a website the proper way, I’m afraid this program won’t be a good fit for you.
However, Wealthy Affiliate gives you 2 free websites along with 10 free lessons that walk you through the process of how to build your websites out. You will also receive in depth training on how to make money selling products that you are passionate about.
Also, guess what? You can actually try out everything they have to offer for free before you decide if you would like to invest into more of their advanced training courses.
I really hope this review has helped you out and gave you an inside look at what you will be getting yourself into with my income team. How do you feel about paying for a mystery business in a box?
Let me know about it below! I would also love to hear about your experience with this program as you will be saving other people from wasting their valuable time and money with this program.
Your Friend, Scott