Serial course creator Tai Lopez has released an affiliate marketing course called The Cashflow System. This will be the focus of our review today and i'll let you know if it's worth the $997 price tag. Seems a lot of courses these days are going for $997!
Tai Lopez claims that the average person CAN indeed make $2500 to $25,000 a month with affiliate marketing.
He says that with his 10 Step Cashflow System you'll be able to do just that.
Before we get into it, Tai stresses that it's important to follow his 3 Commandments of Wealth and I couldn't agree more. They are:
- Thou Shalt Have More Than One Stream of Income
- Thou Shall Invest Thy Money Wisely in New Trends
- Thou Shall Make Thy Money Work for Thee by having the right connections
These are wise words and coming from Tai it's not a surprise. The guy is a walking Encyclopedia.
He also says that society does not set us up to follow any of these 3 commandments. When you think about it, it's true. We go to school to learn ONE thing by studying for a major in ONE thing. Then we get ONE job in that field of study. That reality does not at all support these three Commandments of wealth.
The Cash Flow System. What is it?
Essentially with this program you are partnering with Tai Lopez. He's going to provide you with a cut and paste system that he believes will generate $2500 - $25,000 a month.
Step 1:
Establish how you want to get paid. Paypal, wire transfer, etc.
Step 2:
Create your username and bio.
Step 3:
Upload your photo
Step 4:
Generate a canned page provided by Tai that you will use. Understand this is not an original page as others will have the same template. Put this link from your provided site in your personal Facebook, Twitter & Instagram bio section.
Step 5 - 10
Tai will teach you how to give away free advice and training. You'll be provided templates that you can copy and paste and send to people you know.
When people click the link it will go to your page which then goes through a funnel where they are provided a free download on the 3 Commandments of Wealth.
They then are taken through a funnel where Tai's products are offered to improve their cashflow. This is all tracked so your affiliate ID is maintained through the process.
Products offered include courses in Real Estate, Ecommerce, Social Media Marketing Agency start-up, improve credit, etc.
So the way you would make money here is that when anyone buys that came from your page, you will make an affiliate commission from that sale. It's all tracked so it doesn't matter how far they are in the funnel, you'll still get credit for it.
This System Summed Up
This business model reminds me of a Clickbank course called CB Passive Income by Patric Chan. It's a similar business model where everything is provided to you, you just have to provide the traffic.
News Flash - the hardest part of this whole process IS the traffic!
Sure, the web page and the entire sales process is handled by Tai's team but without traffic they have no business. So essentially they are counting on you to get people through their funnel.
Now I'm not saying this won't work. But how far do you want to go with this? Sure, you could put up that link in your social accounts and awkwardly ask your friends and family to click on it and "check it out" but that's going to come off just weird.
The other option is to do paid advertising and that's where you really need to know what you are doing. From what I understand there is no training on how to do that.
What I really don't understand is why you would have to pay for this system. I mean in the end, Tai benefits from you providing traffic and selling HIS products. He pays you a commission - so all is fair. Why would you have to pay for access?
His reasoning is that if you don't make money with this program within 60 days he will refund your $997. One thing that I didn't quite grasp was that you have to be part of his "gold" membership to be offered the money back guarantee. Bronze and Silver don't qualify. So i'm a little concerned here - maybe I don't know the whole picture but something doesn't smell right guarantee wise.
So Should You Buy Into This?
The truth is, If I'm not going to buy into it I don't think you should either. You're not building a business here. You're not learning anything. In fact you're just a mule.
A traffic mule is what is seems like. Because that's all you are going to be used for.
If you want to build a business that lasts in affiliate marketing, you need to own your own website and have full control of your asset. You can then choose what products you want to promote on your site and so forth.
My Suggestion to You
Please take a look at my blog post on my top recommended affiliate programs here.
If you want to build a real business where you aren't going to be someone's traffic mule, take a look at these ones. They are all excellent choices and each one is slightly different.
Find the one that works best for you. All three will help you build an asset that's yours that gives you complete control. The best part is you can duplicate this and build as many income streams as you like. Afterall, that's what Tai says you should do!
Drew
My #1 Pick to Learn Affiliate Marketing
Want to succeed in affiliate marketing and not pay an arm and a leg for a course? Check out my recommendation.
This review is actually pretty spot on. It also confused me as to why anyone would have to pay to be a affiliate marketer. Also its very concerning to me when in his ad for the “cash flow” program (should be called Affiliate Marketing Course) he mentions he wants to “help” 1,000,000 people with this program. He definitely means sell a million people the program.
This means he believes the market/demand for his programs is so large that 1 million people would be able to make and i quote, “$2,500 to $25,ooo” a month selling his programs. Completely unbelievable and unrealistic.
Thanks for the review Drew!
Completely didn’t mean to
Meant to write, “completely didn’t mean to rhyme” on my last comment.
Didn’t mean to hit enter.
All good Kyle! I actually liked the rhyme!
Also glad to see that you see my point of view with this program. I have respect for Tai Lopez and what he has accomplished though – i’ll say that at least. Maybe some people will get success from this program but it’s short term. You need to “own your business” and here you’re just giving away the farm.
I definitely wouldn’t respect Tai for what he has accomplished and ill tell you why. He has built his entire Guru business on lies. When he first started shoving ads in everyone’s faces in 2015 he would often say that before 2015 he had started 20 plus multi million dollar businesses. This simply isn’t true. It’s actually pretty easy these days to find out what a person’s business background is, which isnt the case with Tai. All you can really find on him is Elite Global Dating; which is a dating site that had fake profiles, over charged people’s credit cards and didn’t give refunds. So basically Tai took the money he made scamming people with dating sites paid for ads so he could sell self help programs. People trusted his lies because they saw a nice house, fancy cars and girls.
He really isn’t even a good marketer. The tactics he uses are the most basic marketing tactics. If you asked literally anyone, “what 4 things would you use to sell to 18-30 year old men wanting to get rich” they would all tell you the same thing’ ‘cars, money, houses and girls.” They only reason he has any followers at all is because of his non stop ads. He couldn’t grow organically if his life depended on it. Just look at his Youtube videos. A lot of his them have less than 50k views and some even have less than 10k. The only ones that seem to do well are the ones he promotes with ads or have some sort of giveaway hes doing. He actually had a ton or videos from the last 3 years that had less than 50k views and he deleted them all. He has 1.3 million subs and cant even get 10% of them to watch on a regular basis.
That information is incredibly concerning seeing how he is teaching others how to run social media for businesses. The businesses don’t have the ad budget Tai has so what is he going to teach them to do? They by no means would be able to do the only thing Tai knows how to do which is shove as many ads down everyone’s throats as possible. Its simply just a numbers game.
I’m going to add to my last comment. Tai wants to sell 1 million people his “cash flow system” and say’s they can make “$2,500 to $25,000” a month using it. So lets just say everyone truly was able to make $2,500 a month. That would be 30 BILLION paid out each year to his affiliates. Which would mean Tai would have to sell anywhere from 60 BILLION to 300 BILLION worth of products to pay the 10% – 50% affiliate fees. Which would mean he would be one of the larges companies ever and all he sells is courses.
If you needed anymore reasons not to respect him just look up Tai Lopez and MentorBox on BBB.com. You’ll find that he is over charging people, not delivering on promises, has terrible support and doesn’t actually give refunds.
I hear what you are saying Kyle. When I said respect I meant that in an overall marketing sense because he’s done a good job at “selling” his brand. No one knew he even existed before his “Here in my garage” video on Youtube. As for his products, views, etc., I only really looked at his Cash Flow System (I also reviewed Mentorbox) and immediately knew it was a sham of a course for the reasons I indicated. He’s not the only one with that strategy though so it’s nothing new. Thanks for your comments!
I will definitely check out your review on Mentorbox. Just letting you know i wasn’t trying to call you out or anything. Just trying to show how much of a scam Tai is on as many platforms as possible. Just trying to save people from loosing their hard earned money.
I’ve done literally year of research into Tai and his fraudulent dealings. I’ve even spoke to many people that have been scammed by him because he doesn’t actually give refunds. I’ve also spoken with people that haven’t received a book Tai was supposed to write called “the 12 foundations”. These people paid for it and he never even wrote the book.
I started out 3 years ago commenting on every ad he had with the following…
***Why doesn’t Tai ever say the company names from his past? he always keeps it extremely vague. “I sold a company, I invested in a company, I mentored million dollar companies, I started a company”. Also; if he is still part of many companies, like he has said he is, why wouldn’t he use his current platform to promote them? Most likely cause they exist and the only products he has are these courses/programs. Before 2015 there really isn’t any information on him. Great businessmen have histories you can look into; a track record. He has Elite Global Dating. Just look it up. People are trusting his advise and programs based on him being a expert businessman, but there simply isn’t anything to back that up. Just some flashy cars and a nice house. Which he can now afford because he sells these programs.***
I was actually getting more likes on my comments than he was on his ads. I never said he was a scam artist, cursed, or anything like that and he deleted all my comments and blocked me. I was simply asking questions and pointing out a past business he is tied to.
Thank you for allowing me to get this out there using your platform. I really hope he is stopped one day and he is no longer able to steal from people.
You’re welcome Kyle. I’m always interested in hearing what my readers have to say. As long as people do their homework and read up on legit reviews then it’ll save a whole lot of headaches.