Name: Wake Up Now
Website: http://www.wakeupnow.com
Price: Silver $24.95 monthly, Gold $49.95 monthly, Platinum $99.95 monthly
Owners: Kirby Cochran, Jason Elrod, and Phil Polich
Overall Rank: 1 out of 5 stars
Our Story: WakeUpNow was founded with the vision of helping people save, manage, and make money. Kirby Cochran, Jason Elrod, and Phil Polich have been business partners for years; but in WakeUpNow, they saw an opportunity to create something unique. From the beginning, they were determined to change the industry with two profound goals: 1) offer products with outstanding value for the money, and 2) offer distributors a real chance to change their lives.” – Wake Up Now
What Exactly Is Wake Up Now?
Wake Up Now is nothing more than a pyramid scheme created to tie members to a monthly membership fee for products and services that are freely available throughout the internet. It’s an all in one HUB utilizing a web-based search tool to find deals including electronics, shoes, groceries, and restaurants. Software, magazines, and language learning tools are also available. One of their most attractive features are their travel packages that are about $300 on average for a seven night stay in a nice resort.
$100 Monthly Recommended Platinum Membership- Are They Serious?
There are membership fees to be able to access the HUB which are as follows:
Silver- $24.95 monthly
Gold- $49.95 monthly
Platinum- $99.95 monthly
They don’t own any of these products, they are just affiliated with them and their HUB is nothing more than riddled affiliate links. This is why joining their program is free as a Preferred Customer so every time a member makes a purchase from their website, they get a sweet commission.
One of the most beneficial aspects of being a Wake Up Now Independent Business Owner is having the opportunity to scam others and possibly make some money while the company lasts. Once you join, you’ll have access to a Quick Start Guide that shows their formula for quick success in what they call their B3H3G3 (Bring Three, Help Three, Get Three customers) system.
In other words, you recruit three people and you duplicate yourself by training and helping them get their three and so on. If everything goes well and NOBODY drops out, this approach can help you achieve membership in the 600 Club in which you are earning at least $500 per month ($100 is taken out of your paycheck). The system needs to be followed to the tea – you need 3 who get 3 and so on for 12 paying members in total. You can’t get them all yourself. To go higher than that, there’s a lot more involved.
Wake Up Now Myths Debunked
MYTH #1: Wake Up Now and Make Your Dreams Come True
FACT: Only 1% of members in this scheme break even or make money at all. Yes, only 1 out of every 100 people.
81% of individuals are losing money, 95% are making $1,214 or less, and less than 1% are making any significant amount of income.
Other than a few YouTube videos, they don’t provide any internet marketing training or tools and your only support are your upline team members.
There are also other videos teaching you to scam your friends and family on social networking sites and other people on Craigslist.
Wake Up Now members claim that they can’t prove their income because they can get terminated; however they harass and call people names, use high pressure sales tactics, and make blatant lies so there is no way that they can get terminated for showing their income statement.
Check out this document posted on their own site:
https://hub.wakeupnow.com/resources/cmsHubResources/152.policies_and_procedures.pdf
Page 11 tells you how much you can earn on each level. To make $2000 per month, you have to have 100 paying members in your downline which will be a difficult task to do due to Wake Up Now’s high turnover rate.
MYTH #2: There’s No Balance/Team or Line Requirements.
FACT: The compensation plan is very complicated.
According to their compensation plan, you need at least 25 people to make $700 per month and you need 50 people to make $800 per month. You have to continually keep bringing more people in, you need at least seven people who have three people active (D3). You can’t have any one person doing all the work or else, you’re not going to get paid.
MYTH #2: It’s a Billion Dollar Company.
FACT: It’s not even close to making a billion dollars per year.
To make that much, they have to be in multiple markets and countries- they can’ really expand outside the US. For top multilevel marketing companies, check out this list of the top 100 direct selling companies.
MYTH #3: The VALUE Offered At Wake Up Now Is Tremendous. This Alone Pays For The Membership Fee.
FACT: You don’t need Wake Up Now. Their Products and Services are Available for Free or For a One Time Fee.
The travel packages are affiliate links from Our Vacation Store, Adventure Zone, Book It, Carnival and Royal Caribbean.
You don’t need to be paying $100 a month to access these great deals, just visit their website and sign up to their mailing list to receive even better money saving deals straight to your inbox. On the other side, they claim that one of the greatest benefits of being a member are their vacation packages, but as a company whose main target are low income individuals, how can they even afford their airplane tickets and meals? And I highly doubt that the majority of people that are either losing money or barely recouping their membership fee can afford to take the trips and utilize these offers.
You can get Taxbot for free for six months with a coupon. You can also buy Tell Me More for a one-time fee. Invisus is $30 per month. All of these products offer coupons. You can’t get 22% off your cell phone bill for Verizon or AT&T because you have to be an employee. Money Desktop is available for free from your bank. Mint.com handles your finances for free. Sites like Ebates give you cash back for free.
The freebies are the ones where you have to sign up for a free trial and keep track of when your trial ends or else, you’ll be charged a membership fee. Along with signing up for these offers is being spammed and possible identity theft.
Wake Up Now Complaints
Submitted: Sun, November 10, 2013
Updated: Fri, May 09, 2014
Reported By: Janice — Atlanta Georgia
Wake Up now is the largest scam on the internet right now. It is led by young individuals that use FEAR AND Intimidation to make people join. I have seen first-hand Gregory Perdriel and Eric Turner call out people on social networking sites and even threaten them.
The Glorified affiliate marketing company ACTUALLY pays these guys (UNDER THE TABLE) to do what they do. Wake up now recently made changes to insure the FTC stayed off their back but it has only fueled the backlash from GREGORY (KASHIZ KING) AND Eric. IF I WERE you I would stay so far away from this company and THESE guys… WAKE UP NOW IS A HUGE scam and will soon come falling down…”
AUTHOR: LenR
SUBMITTED: Sunday, August 25, 2013
My family and I did make the choice to sign up with wakeupnow. I was told it was a multi-level marketing company. However I have found its operations to be more like a pyramid scheme. I have been debited continuously since cancelling my membership. Although it has been three months I am doing my best to wait patiently for the matter to be corrected. I will give them a couple more business days. If the matter is not resolved I will share the details of my disappointing situation. Overall, good choice in not giving the company a chance. More problems than they are worth.”
The Wake Up Now Pyramid Scheme Is Coming To An End
Found in Wake Up Now’s Annual Report for 2013:
- They have been losing money since 2010 and have borrowed money to keep operating this year.
- 15 million dollars is owed to various investors and creditors.
- They have to deal with a lot cancellations, meaning the company has a high turnover rate.
- Legal action or fines may be taken because of the way their members are marketing the business.
- They don’t own any property at all, they just rent it.
- Three Corporate Officers on its board that have drivencompanies into bankruptcy.
IMPORTANT FACTS TAKEN STRAIGHT FROM THEIR 2013 ANNUAL REPORT- Click the images to enlarge.
At this rate, the company is expected to shut down by the end of this year.
There’s a lot of debate also going on that regular jobs are also considered pyramid schemes and that colleges are a rip off . I strongly agree on those two statements and having your own business with the proper education is one of the best ways to liberate ourselves from corporate America; however, at least with a job as much as you may hate it, you’re guaranteed to make a profit while in the contrary with Wake Up Now, you’re chances of losing money is 99%. You’re recruiting your loved ones into a scheme and risking your good image. That’s why it’s important to join a legitimate online business.
My Final Opinion of Wake Up Now
Wake Up Now is not a sustainable business, it’s a marketing scheme that doesn’t do anything about the way that their scheme is being marketed. They don’t care about the lies or the high pressure sales tactics being used and now they’re worried about facing legal action. If you hate going door to door, cold calling and care about your reputation, then this scheme is not for you. All of their products and services are either freely available around the internet or available for a one-time fee and they’re charging members $100 a month for this. If you want to make money online, you need tools, top-notch training and support whenever you need it and that’s exactly what you can expect to get in my number one recommended product.
Wake Up Now at a Final Glance…
Name: Wake Up Now
Website: http://www.wakeupnow.com
Price: Silver $24.95 monthly, Gold $49.95 monthly, Platinum $99.95 monthly
Owners: Kirby Cochran, Jason Elrod, and Phil Polich
Overall Rank: 1 out of 5 stars
Summary
- Reviewer: Jennifer
- Review Date: 2014-06-23
- Reviewed Item: Wake Up Now
- Author Rating: