Welcome to my review of the WiFi Millionaire!
Is some “$3 ebook” really gonna help you to become a millionaire on the internet or is Matt Lloyd hiding something from you?
Get stuck into THIS honest review to find out…
Quick Overview
Name: WiFi Millionaire (WM).
Website: wifimillionairebook.com.
Cost: $3, $49, $197, $10,000s.
Author: Matt Lloyd.
My Score: 5/10.
Verdict: Legit.
Wifi Millionaire is an ebook that details some of the most important processes of building a successful online Biz.
So Lloyd’s eBook contains some great value.
HOWEVER, there is a big downside to it…
It’s basically used as bait so the guy can funnel you into his extortionate MOBE scheme that’s now defunct.
Because the Federal Trade Commission cottoned on to the fact that it was designed to recruit and rip off members.
And Lloyd’s “high flying” affiliates KNEW this, but yet still peddled the scheme – exploiting folks like YOU for HUGE commissions.
But before you continue…
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Table of Contents
What’s WiFi Millionaire All About?
WiFi Millionaire is a 64-page PDF that’s designed to offer you a number of online home-based business ideas and actionable steps.
As well as the necessary tools for enabling you to generate a full-time income.
In Mr. Lloyd’s words:
“You’ll have the opportunity to escape the 9-5 “rat race”, become your own boss, work when and wherever you want in the world, and become a millionaire by taking advantage of the new digital economy”.
The ebook is actually based on Matt’s personal experiences as an internet Entrepreneur…
And how he’s built up a $150,000,000 company while working in tropical locations across the globe.
I must admit, he puts on a great sales video presentation that really strikes a chord with folks.
Which encourages you to purchase ‘WM’ at only 3 dollars (less than a Starbucks coffee).
But is a $3 ebook really gonna turn your life around? What’s the catch, huh?
I guess you’ll find out soon enough. π
Who Can Benefit From Wifi Millionaire?
Matt’s ebook is geared towards anyone who’s tired of working for a boss and earning a pittance.
As well as struggling financially because of being up to their neck in debt, and finding it tough to live off a measly pension fund.
Put simply, it’s for anyone who lacks money and freedom.
As long as you have access to a computer or laptop, an internet connection, and a strong desire to break free from the shackles of our toxic society…
You can implement the info inside ‘WM’.
Well, apparently anyway.
Let’s Dig Deeper Into Wifi Millionaire…
Inside Lloyd’s digitalized 64-page book, there are 11 chapters covering various topics.
A quick breakdown of the chapters:
Chapter #1: Things Have Changed
Matt talks about the lack of job security and pension funds disappearing.
And he also briefly mentions escaping the 9 -5 and building your own online biz so you can enjoy life.
In my opinion, there’s a lot of truth in what he says.
#2: Everyday Wifi Millionaires
There’s a bunch of short inspirational stories about some ordinary folks who are living the dream using the web:
Lynda Weinman, Greg O’ Gallagher, Pete Cashmore, Gina Trapani, John Chow, and also Matt himself.
Also, John Chow shares his daily schedule from 7 am until 9 pm.
#3: 7 Steps to Becoming a ‘WM‘
It’s basically a 1-page introduction to the next 7 chapters of the eBook that cover “actionable” info.
#4: Assess Your Options
Matt discusses the differences between a traditional and home-based business, and why affiliate marketing is the best route to take.
But the main emphasis of the chapter is on joining Matt’s ‘WM system’ (which he compares to most affiliate programs).
Where the guy will pay you $1,250 – $10,000 in affiliate commissions for each sale.
There will be more on that though shortly.
#5: Productivity Tools
Matt quickly runs through 7 different tools for helping you stay focused.
And also a lot more organized when it comes to building your online empire.
The tools cover email, cutting out the distractions, voice and video calling, organizing lists and login info, and also video recording.
#6: Productivity Methods
Mr. Lloyd gives you some great insights into 7 different methods (dedicated environments) for managing your time more effectively.
So you can be more productive for success.
You’ll learn about cleaning up your environment and how to set up your home office and alternatives.
Like shared workspaces and coffee shops, for example.
In addition, he shares info on ‘To Do’ lists, working in blocks of time, saying “NO”, knowing yourself, drinking caffeine, and also evolving.
#7: Gadgets & Equipment
This chapter quickly covers the resources you’ll need for building an online biz, whether from your mobile or physical home office.
#8: Finding The Money to Start Your Home Business
Matt recommends $2,500 (minimum) to start with an affiliate marketing business! OUCH.
Not even the Commission Hero and 12 Minute Affiliate Done-For-You systems cost that much LOL.
In addition, he gives you a bunch of ideas and websites for raising the funds if you’re strapped for cash.
BUT in my experience, you can start up your own online biz for FREE.
And then it will cost you less than $500 Per Year for the tools, advanced training, and support for making it highly profitable.
Which option is more appealing?
Hmm…
If you picked the latter of the two…
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#9: Incorporation, Taxes & Business Plans
Matt tells you about his own business tax experiences during the beginning.
And shares some advice on making money first before worrying about the taxman.
#10: Get a Coach to Help You
You learn why it’s essential to have a mentor to help guide you.
And you also get a 5-step goal setting exercise to do for starting out on the right foot.
The aim of this chapter is also to encourage you to join the ‘WM System’.
And also jump on a free consultation call with a Success Coach.
But usually, with these types of calls, the coaches turn out to be “salespeople” too. UGH.
#11: A Tested & Proven Sales System
Matt basically blows smoke up his system’s ass.
He tells you the benefits of joining his ‘WM System’, how much you can make, and shows his top affiliate earners:
- Shaqir Hussyin – $3,756,153
- Bill and Michelle Pescosolido – $1,015,111
- Carolina Millan – $577,374
- Chris and Susan Beasley – $166,778
- Luke Lim – $580,895
- Georg Kerschhackl – $204,999
- Rhonda Michele – $1,063,410Β
But from a newbie standpoint, it’s not that easy to become stinking rich as an affiliate marketer.
Most of these “Gurus” and “Super Affiliates” have spent years…
And also invested a fortune into developing the necessary internet marketing skills to become successful Webpreneurs.
The REAL Truth Behind Wifi Millionaire is Out!
The ‘WM’ eBook is designed as a sales funnel for the overpriced MOBE coaching platform – previously My Online Business Empire.
But now it’s called My Own Business Education.
(Keala Kanae’s ‘Freelance Marketing Secrets‘ PDF works the same way, except his eBook leads you to AWOL Academy).
But there are some marketers in the ‘Make Money Online’ niche who go way beyond the “unethical” point by selling products for $10,000s.
This is exactly what Matt and his affiliates are doing.
To prove my point:
The FTC recently took action against Aspire Digital Altitude (MOBE’s love child) for being a “SCHEME” designed to rip members off.
And also for making misleading income claims.
In addition, Empower Network (another high-ticket rip off) closed its doors in 2017.
Because sales dried up due to folks unable to afford the products.
So, do you still think MOBE’s worth the risk?
What’s The REAL Cost of WiFi Millionaire?
$3 for Matt’s ebook is just the tip of the iceberg.
Once you invest 3 dollars, you’re taken through a sales funnel of offers:
- ‘WM System’ = $49. It’s MOBE’s basic training product “My Top Tier Business”.
- ‘How to Make $10K in 10 Days’ = $197.
When you’re a MOBE customer at the 49 dollar level…
You’ll also be persuaded to fork out $1,000s – $10,000s for Silver, Gold, Titanium, Platinum, and Diamond packages.
These are the same coaching packages that you’ll be making huge affiliate commission paychecks from.
PROS vs CONS of Wifi Millionaire
PROS
- It’s only $3 to buy
- The PDF provides some invaluable guidance & tools
- Newbies will get something from it
CONS
- Your personal details (home address & phone number) are required
- It’s a stepping stone to an overpriced platform
- Promoting “high-ticket” products is not a sustainable business model
- There are complaints against MOBE
Final Conclusion: Is WiFi Millionaire a Scam?…
After buying and reading through the eBook myself…
I think Lloyd provides a good level of value and recommends some great tools for going hand-in-hand with building an online biz.
However, from the sales page, you get the impression that a “$3 eBook” is all you’re gonna need for living the life of your dreams.
But unfortunately, there’s more to it.
The biggest downside to Wifi Millionaire is that it’s basically used as a doorway for leading you into the arms of MOBE.
Which is a program that may well leave you bankrupt lol.
YES, MOBE provides invaluable coaching.
BUT at the same time, I see the costing structure as unethical and the affiliates who promote MOBE as having no morals.
In my opinion, it’s only a matter of time until the FTC shines its giant spotlight on Lloyd and his affiliates…
The same “opportunists” who also switch from promoting one high-ticket opportunity to another. UGH.
Sick & Tired of High-Ticket Schemes?…
As I said, Wifi Millionaire does provide value.
But it’s a stepping stone to MOBE – an extortionate money-making scheme (that’s actually now been closed by the FTC.
Thank goodness.
At the end of the day, making money with affiliate marketing should revolve choosing a topic of interest and helping folks within that niche…
But providing VALUE and promoting products that don’t cost the earth.
Unfortunately, high-ticket schemes have you making money for the sake of it and out of pure greed.
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Your Friend, Neil π
If you have any questions or thoughts on ‘WM’, that you’d love to share with us, We’d LOVE to hear your comments below…
The marketing of the ‘MOBE’ system has been very convincing for quite a time now. It has been recommended by people such as John Chow (which was when I stopped reading his stuff).
Indeed, it has, John! But with Matt’s WM ebook and also a number of scammy “gateway” sites created by a number of unethical and desperate MOBE affiliates, I’m starting to wonder if MOBE is struggling to get more customers through the door.
I have heard of John Chow. But when I read his review on the WM system – his review is totally “biased”, he makes ZERO reference to MOBE, he’s not 100% honest with his blog readers, and he’s also closed off comments on his blog post.
Hmmm… very fishy.
One reader asked John, “Can I know what the product is that you earned 17,974.66 from?” Mr. Chow’s response: “It’s not one product. Itβs a bunch of products“. WOW, thanks for the insightful response, John! LOL.
Another blog I came across also labeled John Chow as a “money hungry Guru”. So it kinda makes you question whether his intention is to truly help folks or simply stuff his own pockets with affiliate commissions from MOBE?
Hi Neil,
I certainly wouldn’t be interested in the high price tag for the MLM. I thought there might be some value in the wifi millionaire ebook, until I read ‘why you don’t need a business plan…’. Really? Can you imagine any successful business that doesn’t have a solid business plan behind it? Hogwash.
Thanks for the review!
Sophia
Hey, Sophia! π
MLM, in general, is a ridiculous business model with unnecessary costs. No offense to Network Marketers though LOL. Even the non-high ticket MLM programs can put holes in your pockets.
The WM does provide value, so it’s worth the $3 investment, in my opinion. However, I just wouldn’t pour extra money into MOBE.
HA HA… Yeah, I know exactly what you mean without a solid business plan in place. Success wouldn’t happen. But what Matt’s actually referring to is not needing a “formal” business plan because he says they’re a waste of time when it comes to creating a home-based business.
You’re welcome!
Neil
What I find to be so amazing is that these scammers will make you believe that you can purchase a book or information from them for less than $5.00, then have you to believe that by following what they have written can make you rich.
But the WiFi Millionaire book is just to sweeten you up so that you can dig deeper for MOBE. The end results are that you will have no results and be thousands of dollars in debt while they ride off into the sunset with all smiles. It is good to see what you are doing.
I wouldn’t class Matt as a scammer (only “borderline” lol) because his MOBE program offers legit coaching products. But unfortunately, it’s the high costs of those products that make his platform a huge rip off.
However, I do agree that a simple $3 ebook will never make anyone wealthy. You will still need to invest in resources and work your ass off for success on the web.
I think Matt should be upfront about the “real” costs before folks purchase his PDF. Members of MOBE can be successful, but like you say, it will cost them MANY thousands of dollars before making a fortune in affiliate commissions.
Cheers, Norman!
I have looked into WiFi Millionaire and MOBE before and I have found the same. The training is great but the products are too overpriced and a rip off if you ask me.
I don’t think it is an ethically viable business that you would want to get involved with.
I bet we’re not the only ones who feel the same way about WM and MOBE either. There are already folks out there who have been burned by Lloyd’s program which is also gonna make beginners highly skeptical.
MOBE is purely for people who have got far too much money to throw around. It’s certainly not a platform for newbies on budgets.
Anyone (with a tight budget) wanting to build an online biz should get started for free here.