Are you looking for a way to make money online in a simple to follow the 21-step program? That is what The Money Academy is all about. The Money Academy is simply a rebranded version of My Online Business Empire or MOBE as many have come to know it.
What Is The Money Academy?
According to Who.is, The Money Academy was registered on October 27, 2015, and set to private. It was later updated September 28, 2016. There is no indication of who runs the site.
Within the “Disclaimer” page you are redirected to a MOBE web page that has a 404 error. This information shows that The Money Academy is a re-branded product of MOBE.
What is MOBE?
MOBE is an educational platform that is sold as a front end product. The product comes as either $47 or $97 depending on which affiliate you go through. You are then connected with a “sponsor” or “coach” who will try to sell you higher ticket items in order for the first package to work.
MOBE is a 21-step business plan that has you purchasing more and more items with each step you take. On step 7 or 8 depending on which affiliate you purchase the plan from, you are required to pay up to $2,500 for the re-sell rights to MOBE. That is where The Money Academy comes into play.
Someone paid for the resell rights and re-branded MOBE as The Money Academy and is now selling you the exact same 21-step program.
So, The Money Academy is set at $97 for the front end offer. Once you pay for the system you are then connected with your coach who will walk you through the 21-step process. Once you complete the 21-step process you will be able to earn up to $5,500 a sale.
That is because the system is set up in such a way that you pay for the systems that you resell. The more money you spend on the system and steps the more you can promote. The more products or systems you can promote, the more money you can earn.
Now, there is a $500 bonus that the introduction video says you can earn just by watching the video. Unfortunately, the only way to earn that bonus is by purchasing all the systems including the $2,500 resale rights to MOBE.
Yes, you can make money by reselling the systems that you are enrolled in. However, the way the system works is that you have to pay for the system before you can promote it. That means that if you want to make the big bucks of $5,500 commission per sale you are going to have to spend just as much.
There are a lot of reasons not to get involved with The Money Academy. One of the main reasons is that the testimonies during the introduction video are all paid actors.
The second reason is that there are so many different names that are associated with The Money Academy there is no telling who actually runs the show. The third reason is that you are not given a clear answer as to what you are buying. The list goes on and on for reasons not to get involved.
Another thing that you need to be aware of is that once you do sign up, you are open to receiving calls, voicemails, texts and emails through third parties. In other words, you are going to be contacted a lot for products that have nothing to do with what The Money Academy is all about.
Now, you could sign up and just to see what it is all about. The fact that there is a 60-day money back guarantee helps to soften the deal. You can sign up and poke around for a bit. You can get a feel for what the product is and if it is something that you can resell.
If it doesn't work out for you in 60 days, you can get your money back.
Some of you may see this as an opportunity to make a lot of money. The system is set up to allow you to do so.
However, you have to do the work. The video tells you that it is a hands-off kind of business plan, but it's not. You have to put in the hours and pay for the upsells if you want to make any money with The Money Academy.