Build My Income Daily Scam
Company: Build My Income Daily
Cost: $29.99
Score: 20 Out Of 100
Verdict: Legit (Not Recommended)
Build My Income Daily is honestly not a scam, but it’s one product I do not recommend. This is kind of pyramid scheme type of program that requires you to pay to join the program and then refer others to join the program as well with a little twist.
Programs like this can make you money, but to be honest there are much better and easier ways to make a large income online than Build My Income Daily.
You’re probably wondering why I say this program is not a scam, but I don’t recommend it, but don’t worry I will be showing you exactly why in this Build My Income Daily Scam Review.
What Is Build My Income Daily
Like I said before Build My Income Daily is like a pyramid scheme and network marketing site that you pay $29,99 to access the program. After accessing the program the whole point is to refer others. When you refer others you get paid a commission on their membership fee.
It works like this.
When you join your membership commission is given to the person that refers you. Once you refer your first person you have made back your money and you receive $29.99. Your second sale does not go to you, but the commission actually goes to the person that referred you. Every sale after your second gives you a commission.
That means every person that you refers second sale’s commission goes to you as well. The key to this program will be getting a ton of referrals and hoping that they are able to make at least two sales so you get the commission.
Problems With Build My Income Daily
There are quite a few different things about this program that makes me not recommend this program I have covered each below. To see my #1 Recommendation visit Start Your Own Online Business.
Getting Referrals
Here is the biggest problem with this program. To make good money with this program you’re going to need to get a lot of referrals. The problem is how are you going to get a lot of referrals. There is no training provided that teaches you the best way to do so. Here is what most people think will happen.
Ask my family and friends: I see that most people think this is going to be a good way to get referrals, which if you do start an online business you should be asking your family and friends for support, but it can’t be the only way if you want this to be a long-term income for you.
So lets say you have 200 family or friends, you pitch them this idea. I will be generous and say that your one heck of a sales person and half are interested (not a chance you will have 50% interested). So you have 100 people sign up you just made roughly $3,000. We will also say that you get 50% of them to refer two other people (not a chance this will happen either!) you’ve just made another $1,450. But now what you have run out of prospects and people to pitch your business too and your income stops.
Social Media: Another way people think that they can get a ton of referrals is through social media, which is simply not the case. Yes you can get referrals through social media, but it will have a worse conversion rate than asking your friendly or friends (once again 50% is extremely exaggerated 10% would be fantastic).
To consistently get referrals you need a website with a lot of traffic. Learn How To Do So For FREE at Wealthy Affiliate.
Relying On Others
One thing that I hate about online opportunities is relying on other people to make me money. One thing I’ve learned is if you do rely on this you need a ton of referrals to make a good income because most people never become successful and will give up before they do make you any money.
With Build My Income Daily you’re going to need a lot of referrals for the initial commission to make a good amount of money and the only way to maximize your earnings with this program is by having your referrals make two sales. I have said it already, but I will go ahead and say it again. 90% of your referrals will give up before they make 1 sale so what makes you think that a lot of your referrals will be making two sales, which gives you the second commission.
Not Really Residual Income
What most people are looking for when they join network marketing programs or do any type of online marketing is residual income. Basically residual income is something you create one time that makes money for you forever. An example of this would be a huge down line in a MLM opportunity or in my case a blog post that makes me affiliate marketing sales forever. I create a blog post one time and it brings in traffic and makes me sales without me touching it.
With Build My Income Daily there is no residual income. For each referral you get you do get a one time commission and do have a chance of getting another commission if they make two sales, but after that the particular referral is worthless to you.
Better Ways To Earn
I’ve covered that it’s going to require a ton of work to get referrals and it’s not as easy as most people think, so why waste your time with this program when there are better ways to earn out there. I talked about residual income and how this program does not provide it. Why not learn how to build a long-term successful online business that can earn you residual income.
Yes, it’s still going to require a lot of work just like this opportunity will, but you also have the positive of residual income and a more long-term income.
To learn how you can do this visit Start Your Own Online Business.
Can This Program Earn You Money
The honest answer to this question is yes you can make money with this program. But there are better ways to do so and you can also earn residual income that requires much less work from you to make each and every sale.
Since there are much better ways to earn online I don’t recommend Build My Income Daily and it’s because it’s so hard to get referrals, you have to rely on others to maximize your income, and there is no residual income opportunity.
If you really want to earn money with this program you’re going to need a website, I think once you realize the income potential by building a website you will not want a thing to do with this program, but I will give you some links in the next section and you can decide for yourself.
What To Do Now?
You know that Build My Income Daily is not a scam, but there are much better ways to make money online. If you’re still interested in this program you can learn more at buildmyincomedaily.com.
If you would like to learn more about the opportunity I’ve been talking about, building a website. You can learn how by visiting Start Your Own Online Business. This is how I make a full-time income online and will show you exactly how you can too. It really is the best way to create a residual income online and you can promote any products that you want that have to do with your favorite hobby. If you missed the link before here it is, visit Start Your Own Online Business.
Thank you for reading this Build My Income Daily Scam Review. You have learned that Build My Income Daily really is not a scam, but there are better ways to make money online. I hope you let me help you make money online by visiting the links above. If you have had experiences with this company I’d love to hear about them in the comments section below!
