Is Project Payday Legit? At This Point, I Don’t Care
As part of the frequent reviews I do for One More Cup of Coffee, I sign up for A LOT of horrible products. But actually, worse than a bad product is a product that I can’t actually get into to review. That means wasted time, wasted energy, and in this case, my credit card info plastered on 3 different websites with nothing to show for (except the worry that they’ll charge me for something).
So is Project Payday legit? At this point, I don’t really care. I’m bored, and want to move on. But I want to salvage my time and get some kind of review up, so here’s what happened.
Project Payday is a very typical service in that it opens up with a “testimonial” video from someone that succeeded in their service. Of course, they do not explain HOW you will make money, but they do tell you that it’s easy, that you can start making money fast, and that you don’t need any skills to do it.
Wow, what a deal!
Whether or not you believe the testimonials, what you need to understand is that if a system doesn’t describe to you what you will be doing, there is a problem.
There are no secrets to making money online. Money is made when people buy stuff. If there is no buying and selling, it’s probably illegal like cashgifting. So, now we know that you will be selling stuff.
But what will you be selling?
Again, they don’t tell you. It seems to me that if you went to work for Apple, Walmart, Save Mart, or any other legitimate place of business, you would have a pretty good idea of what type of operation they were running BEFORE you signed on, correct?
Why should it be so different on the internet?
Most of the time these types of “biz ops” fall under one of three categories
- Affiliate Marketing
- Multi-Level Marketing
- Task-based Compensation
Affiliate marketing is what I do. It’s legit. You promote products. There are good and bad ways to do this. I’m not going to cover that here.
Multi-level marketing is another form of pyramid scheme, where you recruit members into your ‘team’, and they pay you to join. They then recruit other members to their team, and so on until there are more sellers than buyers, and everyone moves on, with 99% of folks never making a dime.
Task based compensation varies. Sometimes you get paid to complete surveys (link), other times you can get paid to try offers.
Project Payday is a task based compensation system where you buy trial offers. I never actually got inside the product to try it myself, but the general idea is that you ‘trade’ tasks with people to make a commission. There is of course a complicated system of how many offers you need to complete and you need to be able to calculate how much you are spending versus how much you are making. As you might have guessed, you do not get paid quickly, and there are lots of hidden charges you need to watch out for.
You will be completing these offers to make money. You have to BUY STUFF to make money. I had to do it just to gain access to Project Payday, and was frustrated after just one hour. What’s worse, is that I had to give out my REAL billing information, which include a name, address, and phone number (I faked that one).
The first service I tried to sign up for was Godaddy. I thought, hey, I use Godaddy, this’ll be easy! Nope. You must be a new member
Then I thought I’d go for something fun. I saw that there was an offer for a free knife and all you had to pay for was shipping. Hey, I’m a guy. I’m sure I could use a knife for something.
Wait, what do you mean I have to sign up for a $60 per month knife subscription. Who gets knives automatically delivered to their home?
I decided to sign up anyway and just cancel my membership right after I got the knife, but nope. The offer didn’t go though. Blah. Wasted time.
I searched and found one last offer. This was a bit of stretch – wine delivered to my house. I like wine, but this was surely some dank wine in plastic bottles. Whatever. I just wanted to get access to Project Payday and do a review.
Then I just got mad and realized this wasn’t worth my time. I had enough material to do an honest review, and it was time to move on. Yup. I’ll pass on the crappy wine subscription.
There are a lot of barriers to signing up for Project Payday. And once you are inside, there are a lot of issues with how you actually make money. You are getting paid something like $1 or $2 per hour to do simple, yet frustrating tasks. Plus, you are using your MONEY to buy these things, as well as putting your credit card and personal information at risk.
That’s a lot of risk for such little reward.
How about some awesome rewards for little risk?
Build your first website and learn how to make money from it for free. No stupid offers. No gimmicks or secrets. No credit card information needed.