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There are many different people trying to make money online for different reasons and if you’re looking at My 7 Figure Nest Egg to build your retirement fund, you may be in for a little surprise.
Is My 7 Figure Nest Egg a scam or could you really earn $1,000,000 for your retirement? I will answer this question in my review below.
There are many programs online that tout out big numbers but could this one really work for you? Well, it depends if you have deep pockets.
I will explain more to you later and it’s part of the “surprise” I mentioned above.
Let’s take a look at how my review of My 7 Figure Nest Egg will be broken down:
- What Is My 7 Figure Nest Egg?
- How My 7 Figure Nest Egg Really Works
- Is My 7 Figure Nest Egg A Scam?
- A Better Way To Build Your Retirement Fund
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WHAT IS MY 7 FIGURE NEST EGG?
Program Name: My 7 Figure Nest Egg
Price: $49 – $10,000’s
Owner: Jill Veverka
Here you have a retired teacher named Jill Veverka who has taken on a system that is making her a good amount of money towards her goal of $1million for her retirement fund.
Now, she’s teaching others to do the same thing with My 7 Figure Nest Egg which is actually 21 Step Training program owned by MOBE.
I’m glad to see a more ethical affiliate of MOBE’s promoting this properly.
The 21 Step Training system is where you will learn about affiliate marketing but you won’t be learning it so you can promote products you really love.
Instead, you are trained to also promote MOBE, which is fine if you like promoting MOBE, I just find that they don’t offer you any flexibility.
This system prides itself as a done-for-you system where everything is literally done for you like websites, sales team, payment processing, products and customer service.
However, the very heart of the system is not done for you which is the hardest part of this whole system which is getting leads to the landing pages they give you.
Not only that, there are massive costs associated with this program that are never disclosed before you join.
I will go over how this program really works in the next section.
HOW MY 7 FIGURE NEST EGG REALLY WORKS
Anyone promoting this MOBE program always conveniently don’t mention what’s all involved with it before you join, and I think it’s important for you to know so you can make a wise and informed decision.
You are first going to join with $49 to get you started on the 21 Step Training and within that training you’ll find out how you will be making those thousands of dollars in commissions which is selling MOBE’s high ticket membership packages.
However, in order to sell them, you’ll need to buy them first to “qualify” or have the “right to sell” those packages.
The cost of these high ticket packages run in the thousands of dollars plus monthly recurring fees, as seen here (based on above compensation plan):
- Silver – $2,497 one time fee + $27 per month
- Gold – $4,997 one time fee + $64 per month
- Titanium – $9,997 one time fee + $121 per month
- Platinum – $16,667 one time fee + $198 per month
- Diamond – $29,997 one time fee + $295 per month
You can either pay these initial fees or you can sell 5 of them without earning anything to qualify for that level.
Each level is separate and if you don’t buy into each level, you will lose commissions if your referrals upgrades to the higher levels than you.
Therefore, in order to not lose any commissions, you would have to invest (or sell 5 packages in each level) an amount of over $64K!
So this is a very risky program to join because of all the money you have to put in just so you can promote those high ticket packages.
They give you a mentor or coach to help you with your business but that person is really the sales team for your sponsor and is responsible to get you to upgrade and poor as much money into this program as possible.
Some have even said they are to take out loans or use credit cards to fund these purchases but be careful as one of my readers got herself into $15K+ debt because of similar programs.
When you bring people in, they will get their own mentor and that mentor is really your sales team.
This is how you make commissions, recruiting people in so they can buy into these packages and you make a commission from it.
Without these memberships, you’ll be making very little money from this program and investing in those high ticket packages are the only way to make the amount of money My 7 Figure Nest Egg talks about.
THE LEADS YOU NEED
As My 7 Figure Nest Egg says, all you have to do is send leads but make no mistake that this is the hardest part of the whole program.
Without bringing leads to your landing pages, you will have no one underneath you to make money from so what you want to do is bring in tons of leads.
Think about the amount of leads you’ll need, do you think everyday people can afford this kind of program? I would guess only a small percentage so that would mean you would need to recruit massive people in order to find those few.
Where will you find them if you don’t know a lot of people to recruit from? You can’t rely on the template landing pages they give you to get you any free organic search engine traffic because no search engines will be ranking those types of sites so you’ll have to use paid traffic.
Unless you’ve been in this internet marketing industry for awhile and know how to use paid traffic, you’ll have to use hundreds, if not thousands, of dollars to figure out high converting ad campaigns.
SHOW ME THE MONEY
If you look at their Income Disclosure on My 7 Figure Nest Egg, majority of affiliates don’t do well with this program.
You can see that about 80% of the people in their program can’t make more than $10,000 a year and we don’t even know how much money these people have put into this system.
Over 60% can’t even make a consistent monthly income of over $249 and I can bet majority of these people have lost money.
This program is just not as easy as they make it sound and it’s way harder than it seems.
IS MY 7 FIGURE NEST EGG A SCAM?
No, My 7 Figure Nest Egg is not a scam as they were transparent about this system being MOBE but, because of the factors discussed above, I still do not recommend using My 7 Figure Nest Egg or MOBE.
There are other ways to make money online that provide better business models you can use that doesn’t make you fork out thousands of dollars like that.
I know you can make money with MOBE, but you have to be pretty experienced at paid traffic or have a large following already to promote this to, and be ready to invest a lot of money into it.
It’s definitely not for everyone and not for me, personally.
If you still want to join, that’s cool because at least now you have a better picture of what you’re getting yourself into.
I hope you make the right choice for yourself.
A BETTER WAY TO BUILD YOUR RETIREMENT FUND
The problem with My 7 Figure Nest Egg is that you have to pay before you play.
Traditional way of using affiliate marketing don’t make you do this. You can join TONS of affiliate programs for various products that are online these days and start promoting without paying a penny.
Also, building this kind of business is better built from the ground up and not using landing pages and such because that only leads to paid traffic.
If you want to use this business model and learn how to get free organic search traffic (which is the most targeted traffic) to your site, then you should use the training platform I’ve been using since September 2016.
Check out my free guide that shows you everything about it:
There will be nothing hidden or have any tricks in my guide, just simply information about how this business model works and where you can get started for FREE today!
You will receive not only my personal help but also business tools and lessons to get you start building your online business.
You won’t be restricted to any one topic either, and you’ll be able to choose anything you want for your online business.
Because this is a business you’re building, be mindful that it will take some real work effort and time on your part to build it to the level you want to earn at.
I’ve already started my nest egg by using this exact method and training platform, how about you?
If you have any questions or thoughts regarding whether My 7 Figure Nest Egg is a scam or anything else, please do not hesitate to leave me a comment below. I always reply to my readers! 🙂
Let’s make money online!