The CB Passive Income 4.0 Review – What Patric hides from you
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.
At A Glance
Name: CB Passive Income 4.0
Website: http://cbpassiveincome.com/
Owner(s): Patric Chan
Training: Yes (with up sells)
Tools: Yes (with up sells)
Support: Yes
Recommended?: No
Background Info
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.
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.
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.
Training
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.
Tools
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.
Support
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.
Pricing
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
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.
PROS
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
5. Beginner-friendly
CONS
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.
Recommended?
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.
===> CLICK HERE to know more about this life-changing program <===
Anyways, if you have been or are currently a member of CB Passive Income, I would like to hear from you. What are the programs strengths and weaknesses from your point of view?
If you are considering signing up for this program and you need any help or have any questions about it, please also let me know below.
Whichever path you choose, I sincerely wish for your success and happiness.
Cheers,
Reyhana
Almost everyone who is making money online has gone through months (or even years) of trial and error…
They’ve also spent thousands of dollars to test out the correct ways to make money online.
But ask yourself – do you REALLY want to go through of all these pain, expenses and frustrations?
Here’s the shortcut for you to make real money online now:
>
If I had this opportunity when I first got started, I would definitely be making more passive income.
With this shortcut, you get to clone an internet millionaire’s entire internet business.
>
Giri, I totally understand what you are saying and I agree with you; it would definitely take months and even years of trial and error to succeed, and as you will see at the end of my article, I never asked my readers to go through trial and error.
I simply am providing them with a better option to CB Passive Income, which is Wealthy Affiliate, because I don’t believe that it is wise to let SOMEBODY ELSE take care of your business, especially where you cannot go over the work they are doing and can’t even understand how it all works. How would you know Patric is doing everything as he should be?
As I mentioned in my article, I don’t like that he is NOT transparent with his offer; he first says he will train for FREE and then asks you for money. With Wealthy Affiliate, you get a free account which is not even a trial. You never have to upgrade if you don’t want to. You get lifetime access to your free account and get 2 free websites you don’t have to pay for and they come with FREE hosting.
With CB Passive Income, I made a point to include in my article that you would be putting all your eggs in one basket (you will rely 100% on his system to make money). But the problem with that, is the fact that if he decides to stop CB Passive Income one day in the pursuit of another better money-making opportunity, you will be left stranded with no plan B, because the only person who knew how to DO the job, is not there anymore. He is in control of everything!
With Wealthy Affiliate, Kyle and Carson, the co-founders, teach YOU exactly how to avoid this situation and that makes it a better long-term strategy to keep your business on track because you are in control; not them!
And please, I ask that you do not spam my comments section. Thank you!
The best part is…
-You don’t need to write or produce any unique content
-You don’t need to create any products to sell
-You don’t need to write up any sales letters
-You don’t need to provide any customer service or follow up support
-You don’t even need to learn about internet marketing!
See how this can be done with real proof here:
>> Link Removed
Hey Suman. I know these can be seen as ‘advantages’. In fact, I have listed some of them in my post as well. However, the BEST business practice to really be successful, is to have TOTAL control over your business and in order to do that, you have to LEARN how it all works and how all the pieces come together.
I have seen a lot of people actively promoting CB Passive Income through their blogs, but I am not the kind of person who will promote something if I think it is inferior (even if I can make money from it), which is also why I have removed your affiliate link. If my readers want to know more about CB Passive Income and want to watch Patric’s video themselves, then they can click on the link in my review (which by the way, is NOT an affiliate link), to be directed to the same squeeze page.
I also do not appreciate that Patric says that he wants to train me for free and then he wants to charge me $47 a month / $97 one-time. Why can’t he be honest about it? And why does he not tell me that CLONE pages don’t rank in Google and that the only way to actually make them appear in the search engines, would be through paid ads? Patric is CUNNING in that he makes YOU pay for the traffic and have people sign up so that HE can make MORE money over your head.
For example, he is a CB affiliate and each time YOUR referral purchases an item he promotes, he receives, let’s say, $15. If he gets paid $15, he has no problem giving you $5, as a reward. Why does he not teach you affiliate marketing so YOU can make $15 for that same sale too? I would definitely prefer to learn about it to make more, which is what Wealthy Affiliate does.
I have also been looking online and there are a lot of complaints about Patric not keeping his word with sending promotional emails consistently. Some people have only seen once a month, others twice a month. And who knows if he is recommending good, legit products? That’s what happens when you let SOMEBODY ELSE take care of YOUR business. I would rather set up my autoresponder and send my referrals products that I myself have reviewed and used to make sure that they will benefit from it and that they will find the products helpful.
It seems that there may be some value with this program, however seeing the possible cons, and the shady financials of the program also throw me off. I do agree that wealthy affiliate is one of the best places to learn all of the ins and outs of affiliate marketing, a place I will always vouch for
Hey Jacob. Thanks for your comment. For sure, CB Passive Income can be a good way of making money online but the cons are just too intrusive. I would never want anybody else making the important decisions in my business.
Wealthy Affiliate is cost-effective and offers way more value than what you pay, with no upsells. The monthly fee includes EVERYTHING within the platform. I am happy that you have found one of the best training platforms online and I wish you good luck with your online endeavours.
HI Reyhana,
Great write up and review for the Patric Chan system The CB Passive Income 4.0 opportunity. It’s interesting that there are a number of these type passive income deals out there and to be honest at a quick glance it sounds like a great deal. Then of course as you get down into the finer details it’s not quite so great.
I appreciate you going over the highs and lows of the program an in particular the pro’s and con’s. The thing people tend to realize after signing up for a few of these is no matter how you look at it, it’s going to take some work up front.
thanks again!
Mat A.
Hello Mat. Thanks for dropping by. I am glad that you liked my review on CB Passive Income 4.0. You are right when you say that at first, the untrained individual would be sucked in by the offers of this program. Though this program can still help many people, I still don’t believe that it is complete. There are a lot of holes that need to be filled in and as such, I do not believe that the monthly fee is worth what you get inside.
Why would someone want to pay $47 a month if they can pay a one time fee of $97. That alone just doesn’t make sense to me. He might as well say just a one time fee of $97.
I am curious to know if the paid traffic training that they offer is any good?
Jessie, I completely agree with you about the fee. It does not make sense to sign up for the monthly fee when you could pay $97 ONE TIME and get access to the same material as the $47/month. Maybe Patric designed the monthly as being a more cost effective way for people to try out his system for the first month or something for them to see the results.
The paid traffic training portion of the training is, again, training that you can find online on Youtube. Where you expect Patric yo go in-depth in multiples sources of paid traffic online, he only goes into Solo Ads and Bing Ads. So nothing on Google Adwords and nothing on Facebook Ads. I was disappointed not to find those included, although these can also be found online.