Passport to Wealth... 

"Can Selling Ebooks Be Your Passport To Wealth?"

Passport To Wealth was founded by Darren Gaudry in 2006 and had some pretty explosive success out of the gate. But, Passport began to fizzle out in late 2007 as Guadry ventured into yet another business leaving the members at Passport To Wealth High and Dry.

Gaudry is again at the wheel, but his ability to flip flop between businesses is not too comforting. If he brings Passport To Wealth back up again, is he going to leave to start another company when he gets bored. Your guess is as good as mine. Passport To Wealth will be getting a new look and is being touted as Passport To Wealth 2.0, only time will tell what the 2.0 version will hold in store for us.

So What Is Passport To Wealth?

Passport To Wealth is a online opportunity that focuses on delivering a variety of ebooks which can be sold either as packages or individually in the resale market. The real money with Passport To Wealth is signing other distributors under you for a $997 investment.

Click Here  To view what set record in 2008 and expected to double in 2009

In addition to the $997 start up fee you have to pay a $49.00 monthly fee to the company and additional fee to their personal business assistants. The personal business assistant is someone who will close the sale for you by returning phone calls and answering questions. Personally I'd rather talk to and close the deal myself, than pay someone else to do it. But, It certainly is nice especially when you are just starting out and might be a little hesitant to get on the phone.

There are more than a few online business using this assistant type system and I believe it is a huge bonus to have it in place. It allows your business to function ever when you can't be there. Go on vacation and there is still someone there to close business for you. I do give the Business assistants a big thumbs up.

Passport To Wealth claims to have a library of over $75,000 worth of ebooks, software and digital products and you can take a tour through their back office to take a look at what they have to offer. Of course you can't download and read them, but you can get a pretty good Idea of the variety from the covers.

How You Get Paid

First you could market and sell anyone of the digital products in bundles or individually, but most just sell the opportunity. Passport offers what is called a Australian 2up plan, which means you hand up your fist two sales to your sponsor. That hurts for the new business owenr who just gets their first sale after putting in a few hard weeks of learning internet marketing. It may take you 60-90 days to get your first 2 sales, between your initial investment, advertising costs and monthly fees, it would be nice to see some type of return on your invetment.

I have been a member of Passport To Wealth and would not recommend it. Especially, with that 2up system. After you get your first two sales, there is no incentive for the person above you to continue to train and mentor you. You are now their direct competition. I was left completely out in the cold by my sponsor. Thankfully I had the training and education to persevere but I feel quite bad for those who don't.

Don't get me wrong, this is not everyone in the Passport To Wealth Company, lets face it, there are greedy folks in every industry. The company is legitimate and is by no means a scam and I know that there are people who have done quite well, but I am not a fan of PPTW.

With any of these home businesses, be it Passport To Wealth or any of the others listed in this review site, find something you believe in and someone who will honestly mentor you and show you how to grow your business. An honest educated mentor will do wonders for your business and cut you learning curve in half.

If you would like to see what works for me, simply Click Here and I'll give you a look. It's not for everyone, but it has proven to be a nearly flawless sytsem for me