Starts with an email stating you don’t have to do anything. The CB Passive Income is a passive income that brings you money remotely.
The part that really got me going was how I had to sign up and pay money to find out what this system is all about. Don’t you think a legitimate company can tell you what you are signing up for before you pay money?
In my research, it appears Patric keeps using the same product and upgrades it each time he relaunches it. It was 4.0, and now it is 5.0. The same old system with a new face.
Let’s get started. Today we will cover:
- About Patric Chan
- Claims Patric makes about CB Passive Income
- my recommendations
- red flags
- How I make money online
CB Passive Income
Program name: CB Passive Income
Founder: Patric Chan
Price: starts at $1 with upgraded to $144 a month. There may be more, but I was not willing to pat the $144 to find out.
Recommended: I do not recommend this product.
About Patric Chan
Patric is a well-known author and stated guru in the internet marketing business. He is the best-selling author of WakeUp Millionaire and multiple other books.
He states he has been setting up programs like CB passive income for five years now. And he goes onto tell us a bit about himself. He wants us to know he is a real person.
I do not doubt that Patric Chan is real. We can not dispute that fact but has he developed a turnkey system that will make you money or himself? That is the real question here.
If It Promises Quick Easy Money Then It May Be A Scam
Claims Patric Makes About CB Passive Income
Patric immediately begins with the upsells. I mean I couldn’t even listen to the video until I Paid my money $97 a month. Then as soon as I signed in, he starts again.
He makes it clear he is targeting newbies who don’t know enough about affiliate marketing to do this business on their own. And he is good and kind enough to set the system up for them.
Here is what CB Passive income is all about. You pay your money. Then you are offered three bonuses worth $2182 free.
It keeps saying free, but he also says it will cost you an additional $47 a month or $97 quarterly. After all of this, he throws in this lovely little disclaimer. So if you wanted he could just decide not to give you the bonuses.
(This bonus can be removed at ANYTIME without any prior warning!)
How The System Works
Patric has a product he has duplicated and turn in to a turnkey system. He developed training courses that he gives way free to his subscribers. When Patric sends them the free course, he attaches a promotion of an affiliate program. If someone who receives the email buys the product he is promoting, then he makes a commission.
Patric states he is allowing you to duplicate these emails and send them to your subscribers. When a commission comes in, it will be your money.
Patric does give you a duplicated squeeze sheet to send out. A squeeze sheet is supposed to pull in leads. He tries to make you believe he is doing you a favor by setting up a website for you. Truth is you can do this anywhere.
The problem with this system is you have to come up with the leads. Let me tell you that this is the most challenging part of affiliate marketers. Not just anyone will sign up. They have to trust you and see you as an authority first.
So, how is this a do-nothing remote income if you are doing the hardest part for Patric?
Patric is using you to get leads for his free product and to send out affiliate programs. He is using you to make money for himself, but he tries to make you believe it is for you.
In my review I found many red flags that tell me to keep clear of this program.
- Free bonuses worth $2182 that he can refuse to give you at any time.
- Targets newbies because you will not know what he is trying to do, but he makes it look like he is doing you a favor.
- Requires upfront payment before he gives any information about the program.
- Uses his well known past reputation to convince you to join his system.
- Uses the term “Auto-pilot” and states he will generate an income for you, which mentions that you don’t have to do anything.
- You don’t have to do any work at all because he is working for you for free. But you are already paying money monthly. How is this free?
- He refers to trusted affiliate marketers as “cheap marketers” who make money off of him.
- In the end, Patric states that if you don’t understand everything he just said, then you need to sign up right now. Why would I want to pay money for something I don’t understand.
CB Passive Income Is not a scam, but I do not recommend this program. Patric has a good idea with good information. But he is making money off of you instead of you making money for yourself.
CB Passive income is not a scam because Patric does provide useful information. BUT, I do not recommend it and especially not to newbies. He targets newbies because you will not know what he is doing.
The red flags in CB Passive income are a bit different than the usual scam. These red flags are more subtle than usual.