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WIFI Millionaire from Matt Lloyd – The Truth Exposed!

By on April 19, 2017 in Multi-Level Marketing (MLM) with 2 Comments

Want to find out the truth about WIFI Millionaire the latest product from Matt Lloyd?  Is WIFI Millionaire a scam or a legitimate way to make money online?  Keep reading because we will be covering everything that you need to know in this review.

Before you get started if you’re like me sick of all these internet scams and are looking a legitimate way to make money then take a look at my No.1 Recommendation.

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What is WIFI Millionaire?

Okay, before we get into ‘What is WIFI Millionaire’ we need to get a few facts laid out.  If you’re new to online marketing or trying to make money online chances are you will have never heard of Matt Lloyd however if you have been around for a while you’ll know Matt is the founder and creator of My Own Business Education or MOBE for short, a very successful online program.

MOBE is reported to have generated over $115 million dollars in sales and paid out over $75 million to affiliates or ‘consultants’ who have promoted the program.

I’m happy to report that MOBE is not a scam although there are pros and cons to their business model something that will be covered in my MOBE review in the coming weeks.

So back to the main question, ‘What is WIFI Millionaire?’ and what on earth does it have to do with MOBE and more important why would someone as successful as Matt Lloyd need to create a new product?

Well, the answer is very simple, really.  WIFI Millionaire isn’t another product or system it is, in fact, a sophisticated sales funnel that helps Matt and his affiliates/consultants sell MOBE.  In this case, it’s a video sales letter that is designed to sell MOBE.

It’s very similar to The Money Academy and the 21 Step Millionaire Coach in that it is a video sales funnel although unlike The Money Academy and 21 Step Millionaire Coach, WIFI Millionaire doesn’t use false testimonials and false income claims it actually tells the truth.

Full reviews on The Money Academy and 21 Step Millionaire Coach coming very soon.

How WIFI Millionaire and MOBE Works

As I have already touched on WIFI Millionaire is a front-end sales system or sales funnel that promotes MOBE and the MOBE suite of products using real testimonials and real income proof from existing MOBE members.  However, what this does means is that WIFI Millionaire on its own does nothing and needs MOBE at the back end to make digital sales.

MOBE teaches you how to make money online as an affiliate marketer promoting the very products that you have purchased in MOBE yourself.  It is essentially multi-level marketing that teaches you to sell the products that you have purchased.  You can’t sell products that you don’t own and you are in a leveled commission’s structure which means sales of products that you make that you don’t own pass up to the member that sold you on MOBE.

MOBE is referred to as a “High Ticket” opportunity or program because the products are expensive.  We aren’t talking $39 here or even $297 this is training that requires real financial commitment; 4 and 5 figure commitment.  Nothing wrong in that as quality training is expensive and investing in yourself and your business is recommended BUT is MOBE worth that investment?  That’s a whole other story and a whole other review. 😉


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Is WIFI Millionaire/MOBE a scam?

I’m not sure you can call WIFI Millionaire/MOBE an outright scam because Matt Lloyd’s intention is to train people and make them successful digital affiliate marketers.  The only twist to that is that he wants his trainees to become successful recruiters and affiliates of the MOBE products and nothing else.  This is classic Multi-Level Marketing or MLM an industry that has x10 losers to winners which is why it has such an awful reputation.

Matt himself would say that MOBE isn’t an MLM company but there are many people who would argue that it is.  Recruiting people to become affiliates of the very training they are buying is an MLM model that has been used time and time again.  MOBE, Empower Network, and Aspire are to name just a few of the big ones MLM companies in the digital space.

One of the biggest problems with the MLM Industry and in particular the digital space is that the products and training that people buy in order to sell are themselves of very low quality and actually teach the members very little.  This means that the winners are normally affiliates who have already been successful and are just repeating that success with the knowledge they have already acquired.  Anyone new to affiliate marketing usually becomes confused and lost and after several months and several 000’s spent gives up on the whole venture only to be back at square one albeit with a lighter bank balance.

Conclusion

When I review products and more importantly warn people to avoid them or recommend them I like to think about it in the context of ‘Would I recommend this to a member of my immediate family?’  Would I feel comfortable saying to my mom, dad or brother “Yes, I recommend that you invest your money in this product or business.”

When it comes to WIFI Millionaire and MOBE I wouldn’t recommend these products and the simple reason is that more people fail in the MLM Industry than succeed.  They get drawn in by the great website, the flashy lifestyle and the big money testimonials and forget about the real reason they are investing in the first place, quality training.

MOBE and most other MLM products are so focused on recruiting affiliates to sell their own products that the actual training tends to be garbage simply designed to keep you paying your monthly membership fee, you’ll be pitched new products every day and the events will be unnecessary and expensive.

IM Insider Reviews is committed to providing frank, open and honest reviews that you can trust and rely upon and for that reason, I do not recommend WIFI Millionaire and MOBE.

If you would like to take a look at my No.1 Recommended product for making money online check it out below…

Click Here to see my No.1 Recommendation for Making Money Online

^^ This fresh approach to making money online offers 100% free training for making 5-figures per month.

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Review by Simon

Successful Online Entrepreneur and owner, editor and writer at IM Insider Reviews (IMIR) Simon, an avid coffee lover, splits his time between writing for IMIR and running his other successful online businesses. And of course, drinking coffee :-)

There Are 2 Comments

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  1. David says:

    Thanks for the review and the insight into WIFI Millionaire. I’m glad I read your review before I made the mistake of purchasing this product. Thanks for the recommendation which I have taken a look at and signed up to the webinar, it looks very good.

    All the best, David.

  2. Mark Henry says:

    Excellent review. Really interesting and glad I did not sign up for this product.

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