Are you wondering if 7 Figure Freedom Formula is a scam? In this review, I’ll be showing you exactly what this system is about and what you’ll be doing before you join.
As I was checking out my newsfeed this morning and trying to catch up with what was going on in the social media world I happen to come across 7 Figure Freedom Formula.
Have you guys ever heard of this system or has it made its way to your inbox or newsfeed?
After reading about this for a few minutes and watching just a snippet of their sales video, I was intrigued to do some more digging and see what I could find out about this company.
If you answered yes to the question above, then I encourage you to stick around and give me a few minutes of your time as I’ll be going into complete details on how this system works.
7 Figure Freedom Formula Review
Company Name: 7 Figure Freedom Formula
Company Website: 7figurefreedomformula.com
Company Owners: Bill and Michelle Pescosolido
Type Of Business: MOBE Funnel
Price To Get Started: $1 for 7 days then $48/monthly+
many upsells(Up to $30k)
Overall Rank: 1/5 Stars
What Is 7 Figure Freedom Formula?
That’s actually a great question and one that took a great deal of research before I had an answer to this.
Within the first few seconds of the sales video, we hear about some amazing system that has the potential for you to earn up to $30k in only 24 hours.
Due to my experience with similar programs of this nature, I started to roll my eyes as soon as I heard this.
Bill & Michelle claim to have created a system that will have you earning big ticket commissions on autopilot.
They even go as far as claiming that most of the work will be done for you.
Are alarm bells going off in your head yet?
If they aren’t then they should be!!
After listening to both of them blab about how much money I could earn with this magical system, I was finally able to get more details about what this system actually was.
After doing a good amount of digging and research I discovered that this is nothing more than another funnel for one of the biggest Ponzi schemes online, MOBE.
If you have been involved in the internet marketing industry for any amount of time then chances are that you know exactly what this system is and perhaps you have been scammed by them at some point in time.
How It Works
Unless you’re familiar with how these scams work, you would think you’re signing up for Bill & Michelle’s amazing program that you hear so much about in the sales video.
However, after you submit your payment details you’ll be forwarded to Matt Lloyds high ticket recruiting scheme called MOBE.
The 7 figure freedom formula doesn’t even exist and like I said earlier, this is simply a sales funnel to Matt Lloyds hight ticket system.
Oh, yea and that $1 that you paid for your 7-day trial don’t qualify you to earn any type of commissions.
If you’re looking to make any type of money here you’ll need to dump several thousands of dollars into this just to qualify to unlock commissions.
This doesn’t guarantee that you will earn anything and to be quite honest with you guys, it seems pretty risky to say the least.
Wouldn’t you guys agree?
Do you really have several thousand to dump into some system just to have a chance at hitting it big here?
In my own personal opinion, I feel like you would be much better off by investing your hard earned money in a much higher quality training platform for a fraction of what this system is charging.
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Who Is This System For?
Obviously, as you can tell, this system is geared more towards people who are looking to make a quick buck and get out, so, If you happen to fit into this description, then you may want to look into this.
Also, if you’re the type of person who easily buys into the hype associated with programs of this nature and you’re gullible enough to believe their lies, then you may be a good fit for this program as well.
Another targeted audience that would make a good fit here is people who have several thousand or more to invest for the chance to possibly earn high ticket commissions.
If you don’t fit into any of the audiences that I’ve listed above then I’m afraid that this system wouldn’t be a good fit for you and you should explore other options for making money online.
3 Steps To Earning Money With This System
They make this entire process seem easy and they have even gone as far as breaking it down into 3 easy to follow steps.
Take a look at the screenshot below to get a better idea what I’m talking about
If only it were this easy, right? Also, if you look above you’ll see that they tell you this is a free service which is definitely not the case.
There is nothing free about this system at all and in order to gain access to it, you’ll need to pay at least $1.
This may not seem like a lot to you guys and to be honest, it’s not a whole lot to pay for 7 days access.
However, this is used as bait to get you in the door and once they get you on the inside you’ll wish you never took them up on this offer.
Tools & Training
Due to the fact that this entire system is based on recruiting and buying in at different levels, there is no actual training or quality tools available in the member’s area.
There are, however, several membership packages that you can purchase which gives you the basic rundown on how to recruit people into this scheme and build your downline.
Here are the training packages available to you (If you want to call them that) below!!
- MTTB(My Top Tier Business)
- Titanium Package
- Platinum Package
- Diamond Package
Contained inside the higher ticket packages are 3 and 4-day events to exotic resorts where Matt Lloyd hosts live mastermind events where he claims to share inside secrets that have made him a millionaire.
As you can see above this is in no way shape or form free and like I said earlier this is the bait they use to entice you and get you to enter your name and credit card details.
What’s The True Price You’ll Pay Here?
If you have a shiny $1 dollar bill, this will get you in the door. However, it’s not at all possible for you to earn money as an affiliate at this level.
Even after you pay the additional $48 after your 7-day trial you still only have access to the first 6 steps in the training. If you want to unlock the rest of the training, it’s going to cost you an additional $1,997.
As if that wasn’t a kick in the pants and bad enough, there are also many more fees that you’ll be required to pay if you want to level up and unlock the chance to earn higher commissions selling their high ticket membership packages.
These prices are as follows
Not to mention that you’ll also need to pay a monthly fee of $39.99 to become an affiliate.
Pretty crazy if you ask me, wouldn’t you guys agree?
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What I Really Think?
It seems like Matt Lloyd has gone out of his way to recreate this scheme in as many different ways as he possibly can.
While I wouldn’t necessarily call this system a scam, it’s about as borderline as you can possibly get and I wouldn’t recommend this to anyone especially newbies who are just getting started.
Learning the proper way to build a business online can be pretty scary especially with programs like this one and many others.
Instead of being upfront and honest with you, they would rather tell you a bunch of lies and make outrageous claims that you can earn a million dollars in the next 30 days with no prior experience.
This is complete BS and it’s actually the complete opposite of what they tell you in the sales video.
Learning the proper way to build a profitable business online isn’t easy and it takes a great amount of time, effort, and hard work before you make your first $1 and this is why most people don’t make it in this industry.
However, if you’re willing to put in the blood, sweat, and tears, there are places like Wealthy Affiliate that will teach you the right way to build a business that doesn’t consist of recruiting people or any of that nonsense.
You also won’t have to fork over $2,000+ just to qualify to earn money with this system as everything is included in your membership fee once you join.
They even make it super affordable for you to get started by offering their free starter membership which includes everything you need to get up and running and test out their system with no credit card required.
If this sounds like something that interests you and you would like to hear more about it then I encourage you to check them out for yourself and see what they can do for you.
Other than that, I really hope this review has given you guys the answers you were looking for when searching for information on this system.
Do you have a story to share about your experience with this system? Please feel free to leave it for me in the comments below.
Also if you have any additional questions that I failed to answer, leave them for me below as well.