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Showing posts with label warrior forum. Show all posts
Showing posts with label warrior forum. Show all posts

Speedlings Not For Me

Wednesday, October 6, 2010

I have only just heard about Speedlings.com, mainly because of someone I met on Facebook. Upon reading up on what Speedlings is about, all I can do is shake my head. For the record, I have not experienced or joined the program, I have no hands-on experience with it. I am not disparaging it, for all I know people may actually have success with it.

The reason why Speedlings bothers me is the entry cost into this program. At a minimum it is at least USD6,000, and you have to spend a few hundred bucks more for new domains every month. I read from various websites, including Warrior Forum that it takes up to USD12,000 a year to run the program if you follow their recommendations. From what I can gather, you need to build at least 30 websites per month, every month. The idea is to have thousands of affiliate websites on the internet owned by you. the goal is to earn USD1 per day per website, while at the same time, no guarantee of income is given.

To be fair, they do have a performance guarantee which I won't go into here. You can read about it at the Warrior Forum for Speedlings Review.

No, what boggles my mind is why go through the effort of building 1,000 websites to make USD1.00 per day? So what if it only takes 5 minutes and the process is automated. For that kind of money, you can buy a few established websites from Flippa and work to make them authority sites. You can also build a few quality websites for that kind of money. It is not about volume, it's about quality. Managing a few quality websites makes more sense than owning 1,000 websites (which by the way you don't really own, it's the way Speedlings is set up I guess). With the program, you can't even flip your website if you choose to.

The program sells itself as a business, but the thing is you don't own anything even after you have spent USD10,000 or USD20,000. What's the advantage in that? My opinion is: Buyers Beware.