Passive income is definitely the ultimate goal for anybody looking to be truly financially free, because it is the ability to make income over and over again, from having acquired the first sale. Now, is it as easy as Patric Chan says it is with his system? Here is the CB Passive Income 4.0 review that you have been waiting for.
I will be going through the program in detail and give you my honest opinion, so you can make a well-informed decision of whether you would like to try out this program.
CB Passive Income has been online since 2013 and was founded by Patric Chan. As you can see from the version (4.0), it has been updated a few times to make the system better. The “CB” in CB Passive Income is meant for “ClickBank”, which is an online platform that sells digital products.
He claims that CB Passive Income is able to make you passive income from the comfort of home. What you are required to do is offer his free products (through your unique affiliate link) in exchange for email addresses to build your list.
He claims that he will be doing all the work to sell on your behalf and that you will receive a commission each time somebody from your email list buys something that he recommends them from ClickBank.
Although this method has been used for a long time and has been proven to work, many people on the internet nowadays want to reduce as much spam as possible coming to their emails, and therefore, this might not be the best way of making money, specially if this is the ONLY way you are looking at to make money.
My First Impressions
Looking at the website for the first time, I really didn’t like that the first thing you see is a video that will be “persuading” you to join this system. I’m not saying that CB Passive Income is a scam, but most of the scams online nowadays use this strategy, including a lot of talking, payment proofs and meaningless promises.
The other thing that I didn’t like either was the fact that he was gonna let me “CLONE” his business so I could also make money like him. As a fairly experienced online marketer, I know that cloning isn’t going to get me very far, as Google and other search engines prefer unique and helpful content.
Patric says that he will be providing me with his full system and training for FREE, meanwhile he wants to charge me a monthly fee of $47 OR a one-time fee of $97. I don’t feel like Patric is very trustworthy.
Throughout the page, I was given the impression that the work was going to be easy. He tells me that it is a done-for-you system, that all I had to do was drive traffic to the squeeze page. To be perfectly honest with you, as I have been online for a while, I can tell you that the hardest part of working online, is to drive traffic to a website or a squeeze page.
What I want to make sure you understand is that a “clone” page does NOT rank in Google because it is deemed as duplicate content. This makes it harder for traffic to reach that page as it is up to YOU to make sure people are clicking on your link to reach those pages.
Therefore Patric, talking about a done-for-you system that includes the “clone” page, wants to target people who are NOT knowledgeable about the industry, to trap them into thinking that “cloning” his every step to success will bring them success too.
This new version of CB Passive Income is only there because of the step for this program to go mobile, more specifically, related to Facebook. When directed to the clone page, a referral will be able to directly opt-in by using their Facebook account and email address, where at a touch of a button, they will be signed up as being part of your mailing list.
What I do like though, is that Patric does not guarantee that this system will make me a millionaire overnight.
The training includes Paid Traffic Training and Free Traffic Training. Some training is in video format, while others are in PDF.
They revolve around how to promote your link through channels such as YouTube, Ads and social media platforms such as Facebook. There is also training on how to blog to try and get free traffic. Once your prospects click on the link, they will be directed to a “Secret Web page”, also the “CLONE” page.
This is where I am guessing, Patric has another video similar to the one on his main website, to try to persuade your prospects to buy into either the program or a product that he has designed himself, or one that he recommends.
Be aware that at this point, you may be pushed more into Paid Traffic Training because that will bring you results faster. This is a feature that was not disclosed prior to you paying the $47/month or $97 one-time fee. Not only were you told that it was going to be FREE, but now you will be encouraged to promote your link through PAID traffic.
To add to that disappointment, most of the training that is found here is the same training that you can find for free else where on the internet. When paying for something, you expect for the product to be unique and really teach you things that you will not be able to find anywhere else.
Additionally, you also have a section for what’s called “The Fast Cash Series”, where you will need to pay even more to get access to the training within, that show you different ways of making money online. What’s more, you will only get one per month.
The tools included within the system are the free products that Patric wants you to offer your prospects, in exchange for their email addresses. Each of these products will include your affiliate link and the email addresses collected through that link, will end up being your referrals.
Apart from that, there aren’t any other tools that are even worth mentioning here, as everything else is either done-for-you or cloned.
As far as support goes, there has been a lot of complaints online about support not responding. Looking around on their Facebook page, their latest post is dated back to 2014. There are 22k people that liked the page but only about 10 to 15 people are actually active on the posts.
This shows that they may have been involved in “Pay to Like” campaigns, where people are paid to like their page, without knowing what it is about.
I also looked at the comments on some of these posts and they were loaded with spam, from other people trying to promote their own personal links, to other MMOs. This is solid proof that there is really nobody in charge of the social media side of things.
This is really shameful for a company like CB Passive Income. Here is a company that charges you to teach you effective promotion through social media, while they themselves do not even bother to maintain their own Facebook Page.
As I mentioned before, you are either billed monthly at $47 or you pay a one-time fee of $97 to gain access to the FIRST portion of CB Passive Income.
Remember when I told you that you would have to pay more to gain access to The Fast Cash Series? Well, know that this will either be billed at an EXTRA $47 / month or you can opt for the one-time fee of $197.
By the time you get the whole system, you would either have been out of a total one-time fee of $294 OR a total of $94 / month on an ongoing basis.
Success Stories / Feedback
You might scan the internet and find some pretty good success stories. But what if one day, Patric Chan decided to close up shop? What would you do with all the money that has been invested into this program? He sure as heck would not reimburse you. He will argue that you have used his products and paid him so that you could learn from him,
I agree that the knowledge that you would have accumulated in the MMO niche could be applied to any other niche but when a system is said to be a business, then it should continue to MAKE you money until YOU decide to quit.
However, relying on a system like that, where you allow Patric to make all the decisions for you, while it does have its positives, will only end in disaster for you because you are relying on his sales videos and his products and the emails that he sends out to your referrals.
1. Done-for-you system
2. No need to learn how to build a website
3. No need to learn affiliate marketing
4. No need to research products that are worth selling
1. Low-conversion rates
2. Squeeze pages will not rank in Google, making traffic harder to attain
3. Most of the training can be found FOR FREE all over the internet and he charges you for them
4. Upsells within the program to gain access to everything
5. High monthly payments for the whole system
6. Dishonesty – wherein Patric talks about giving out training for FREE then wanting to charge you at the end
7. Passing the sales under his own name (as he explains he will be doing all the selling on your behalf) will only make him more money on ClickBank.
8. No control over your own business because if Patric decides to wrap everything up, you will be left in the middle of the road and he could care less.
It is not a scam but I do NOT recommend CB Passive Income, whether or not, it has a new version. To me, being a business owner, means that I should have the power to make all the important decisions about the business. It is too risky to put that kind of decision into somebody else’s hands.
Not only does Patric start with saying that the training will be FREE, he decides to still charge you in the end. The amount he charges is quite high, seeing as what he teaches in CB Passive Income can be found for free over the internet.
The upsell to The Fast Cash Series is also ludicrous because there is only ONE opportunity being unmasked monthly and you are being charged way too much in my opinion, for a new breakthrough that, with a little bit of research, can be found out through other sources over the internet.
Want to hear of a better way of spending $47 / month?
Well, you will need to add $2 more to that but what’s the big deal when you are actually given valuable information on how to start your very own business online? Additionally, you will be able to even apply what you learn to ANY interest you want. It does not have to be the MMO niche.
You will be given step-by-step intrustions and have access to a community of very caring and knowledgeable experts in the field who will be there 24/7 in case you need any help.
Now, even if you are not ready to start spending the $49 towards the lessons, you can start FOR FREE to really gage whether this is a program that will benefit you. I can’t promise that you will make $1000 overnight but I can promise that if you give yourself enough time, follow the training and don’t give up, then you will become successful.