Product Name: Freedom Formula 8
Product Owner: Ryan Moran
Advertised Price: $47 ($7)
Upsells: $40, $197, $97 + $97
What Is It?
A proven formula to make money online within 4 specific ‘niches'.
Yes, you can make money by following the steps outlined in this guide, but there are a few reasons I can't recommend you buy this product.
Before You Buy:
As with most ‘guru' types, there's a made of videos to sift through before you can actually get to the product promised. There were waaaaay to many videos. I spend like 2 hours trying to figure out where the product was, so prepare yourself for an afternoon of Ryan Moran if you want to actually buy this product.
There are a series of upsells and downsells, and if you are smart, you can get the formula for $7. Isn't it amazing that someone will sell the secret to their business for $7?
I was unable to access the members area for 3 days because the website kept ending in a redirect and would not sign me up. Luckily, I was finally able to watch one video (there are 8 total) in a page I found indexed in Google and download the written guide after sending several emails to their support team.
Not only was the members area very B-level material, but the fact that I paid for it and was unable to access the videos shows a lack of overall quality that you'll find in this product.
What I Liked:
I liked what Ryan had to say about the internet economy. It's true that even though people are losing their jobs and/or job growth hasn't been great in recent years, there is plenty of work to be found on the internet. The internet economy IS booming, regardless of what's happening around the world, and all you need to do is find a small piece of the ‘pie' to make a decent living online.
It's also true that internet marketing can provide you with residual income, 24/7/365. All you have to do is find a formula that works for you, spend some time perfecting it, and you can truly be financially independent.
Ryan Moran is a likeable guy, and the 1 video I did watch shows that he knows his stuff with regards to how to market online. Oh, and surprisingly, this is actually a formula, and, there really are 8 steps which, if put together properly, could actually make you some decent money.
I pretty much rip apart the formula below, but the one thing that I did get from it was doing something called “Solo Ads”,which is basically promoting your product/service to other people's list. Instead of taking the time and effort to build your own list to promote to, you can pay a 1 time fee to send an email to already existing lists from other marketers. It's not unsolicited emails or spam because the people have opted into someone else's list and you are ‘borrowing' it with the list owners permission. This sounds like a good idea if done correctly.
What I Didn't Like:
This product is marketed to several audiences, one being the ‘doom and gloom' niche, or people that believe the economy is going to hell and we need to prepare for the next recession. Ryan Moran gives an absolutely RIDICULOUS performance in his introduction video trying to mimic the ‘end of the world' propaganda you see pandered around the web.
“OH NO! A second recession is coming!” “OMG! The government is printing too much money!” “HELP! The Wall Street fat cats are stealing my money!” “There are no jobs! The 1% are bla bla bla, buy my stuff to make you feel safe.” You get the idea.
The world economy is not in as great shape as it used to be, but right now, the US economy is one of the strongest in the world (if you disagree, please, follow the global market trends, then we'll talk). The government is printing money, yes, but actually inflation is at a multi-decade LOW. The job market is improving (by some standards) and the outlook is generally positive. Unless you believe in some kind of government conspiracy to fake economic numbers, then you've got nothing to worry about.
It's clear that Ryan is trying to play on your emotions and is just repeating rhetoric that's been passed around for years now. His sales video feels less like a business opportunity and more like a budget indie zombie flick. Ok, enough on that rant.
Another thing I didn't like was that some of the information was slightly misleading. For example, he says you do not need any special skills to implement his formula. WRONG. You can follow it without any skills, yes, but to do it correctly, you are going to need some kind of mentor to answer the kagillion questions that will arise during the process.
If you have some experience with online marketing, this product could be something you used to finally solidify the information you've learned before and give you a ‘formula' that works. If you are totally new, I don't think the training offered here (neither video, nor written), will be enough to actually get your business off the ground right away. You will have to do lots of follow up research on your own.
Also, don't be fooled by the supposed “$2000 dollar website” that he gives you for free. You can learn to build a pretty good one on your own for about $50, plus the cost of the website which is $10 per year + $5 per month hosting (or even free hosting).
Don't get me wrong, this wasn't a horrible product – I've seen worse. But there's a lot to not like about it.
Moving onto the actual content of the 8 step formula in Freedom Formula 8, I dislike that he limits you to 4 niches: Health, Wealth, Love, and Expensive Hobbies (Golf for example). True, these are evergreen niches that can be promoted over and over again. But if you do not have an interest in these niches, your business will be based around something you don't care about, and you will likely lose interest over time.
Also, because these niches are profitable, they are super saturated with experienced marketers, as well as hobbyists due to their general nature. Look up ‘how to get six pack abs' in Google. A Kagillion websites pop up. Can you handle that kind of competition?
Another problem with the content is that you will be promoting Clickbank products. Clickbank is notorious for low-quality products and high refund rates. Trust me, I have a Clickbank account and I see the stuff that makes it onto the website.
The biggest issue I have with Ryan's formula, and the one that gave me the final reason to NOT recommend this product was his #1 way to make money.
“Promote Lots of Products”
Yes, that is an exact quote. That is his “secret”. Collect people's email addresses, then send them lots of promotions. His exact ration is 3/1, meaning for every 3 emails, 1 should be promoting something. There's a saying in this industry, that you need to ‘date your list'. Basically, it means that you need to have a good relationship with the people that follow your blog. How would you feel if for every three times you met your best friend they tried to sell you something? You probably wouldn't be their friend.
And this is what takes the ‘freedom' out of the Freedom Formula 8. This is not a long term business strategy. It's a way to drain the wallets of people you meet online with empty promises of love, money, and health. Ok, that last sentence was a bit dramatic, but I just mean that “promoting lots of products” is not a way to gain trust with your customers.
Who Is This Product For:
If you have some experience with internet marketing and are familiar with Clickbank-style promotions, squeeze pages, and email marketing, then this could provide you with a simple formula to follow. It works, that's for sure, but I disagree with the type of marketing it promotes.
Get Freedom Formula 8 Here
Success with online business is not about following a specific guide. It's about following your passions, and networking and engaging with those that share your passions. That's what I do, and it's much better than pitching some low-quality PDFs on a low-quality website. Learn to do what I do by joining my free 5 day email course on affiliate marketing.