Is Project Payday a Real Income Opportunity?
Project Payday claims that anybody regardless of their prior experience can start making money right away but interestingly enough they actually tell you that you won’t get rich with their system and the average Joe makes anywhere from $500 to $2,500 per month.
The system revolves around “IFWs” (aka Incentivized Freebie Websites). Have you ever come across a website offering you a free laptop, free plasma tv or similar free products? Well that’s what IFWs are.
In order to get those products you need to refer a certain amount of people to sign up for a particular product in order to collect the prize. To give you a more detailed example let’s say Blockbuster is giving away a free laptop - in order for you to receive it you’ll need to refer 8 people to their $9.99 monthly subscription and once they sign up the laptop is yours.
Now there’s a huge amount of people looking to get these free prizes and they are willing to pay you money if you sign up to a particular offer so they can obtain the required amount of referrals and get the prize. That’s how you make the money, you can probably get as much as $50 in some instances for signing up for a $10 dollar subscription. If you subtract the ten bucks you paid from the $50 you made you got a $40 dollar profit.
And that’s how you make money with project payday.
Conclusion: Project Payday can be a way of making money as long as you stay on top of the game by canceling the subscriptions you’ve signed up for as soon as the referrer gets the prize. Fail to do so and you’ll be paying an insane amount of money every month for subscriptions you don’t even want.
To visit Project Payday click here
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Comment by John on 6 February 2008:
Great review of how the process works. I am a Project Payday Mentor and have traded freebie sites as a part time job since June 07. You might think this is a joke, but I grossed over $13,500 in profit from working 1-2 hours a night part time from home. I can even show you my paypal screenshots on my website as well as insider info on the business.
http://www.projectpaydaymentor.com/