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Saturday, January 24, 2009

Project Payday, Just Another Get Rich Quick Scam?

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By Frank Scott

Project Payday has jumped on the grid of internet home business opportunities with claims that the average Joe can actually put money in their pocket from day one. They grab your attention with the average Joe thing and don't make any claims of enormous income, making Project Payday seem all the more legitimate. But , does it actually work, can you make money with Project Payday?

Here's how Project Payday works:

To sign up for Project Payday, you first either pay 39 bucks to become a member or you can opt for the free route which is to sign up for a free trial product offer from some company (most would obviously choose the free offer as opposed to paying the 39 bucks). Trial offers are the meat and potatoes of the Project Payday business as you'll soon come to find out.

The trial offer will prompt you to enter your credit card information and you have roughly 30 days to cancel your trial subscription or you will be billed for it. Now, even if you return the item and cancel the subscription (which is what you should do) you will still be qualified to participate in Project Payday.

Sounds pretty easy so far and if you remember to cancel the subscription, you have no out of pocket cost as of yet, but if you forget to cancel and return your product you will be stuck with the product and the fee.

Making money with Project Payday:

Now that you're a member of Project Payday, you get access to the insiders forum, the heart of the business. the forums contain posts from other Project Payday members who will offer you a few dollars to subscribe to one of their free trials. After contacting the member, they will send you a link to their subscription site and after you fill it out the member will pay you the agreed upon price. That member will now receive a commission on your free trial subscription. Sound pretty simple, right.

Now it's your turn to post on Project Payday.

After a few of these initial trial offers you will be able to make your own posts to the Project Payday forums after reviewing offers and getting your own links to a the trial offers. The host company will offer say $100 bucks for you to have 5 people fill out their trial offer. In turn, you will offer to pay each one of these five people $10 dollars to fill out the trial offer and at the end of the day, you'll make a $50 bucks, not to bad.

The offer prices vary, so you may make a few dollars more on some and others much less.

If you are looking for a part time job, then Project Payday is for you. As a business model, it is not stand alone and could never generate enough income to be a full time quit your job type of opportunity. You are basically getting paid by the hour and if you can't get to your computer, you won't make any money.

Project Payday has very little risk, which is only you getting billed and having to pay for some products you didn't return in time, I'm sure this happens quite often.

If you would like the Complete Project Payday Review, Click Here

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