All you need to do is ‘process’ 10 emails per day, and you can start making $7.5k per month with the ‘My Residual Profit’ system. It’s easy to do, and you get paid instantly.
What’s not to like, right? Well, it’s a good thing you’re reading this review, because this ‘system’ is not quite as advertised.
I’ll show you what this is really about to help you decide if it’s worth joining.
My Residual Profit Review
The My Residual Profit domain (myresidualprofit.com) was registered anonymously in August of 2015, and there’s no mention of who owns this company on the website itself.
It’s not uncommon, or sketchy, to protect your identity when registering a domain name. Doing so can protect you from all kinds of annoying spam.
However, it does raise a red flag when the owner of the system hides their identity on their own website. Especially when they’re asking you to fork out your hard earned cash.
In any case, given the sheer number of scams these days, it’s risky to take something like this at face value. Which is why we need to dig deeper in order to find out the truth.
Before we look into whether or not this is legit or a scam, let’s look at what they’re offering.
According to the website, My Residual Profit is a unique opportunity to make an unlimited amount of money online. All you need to do is process emails each day which earn you $25 each, and you can be making a substantial amount of cash.
Here are the steps they say you need to take to make this system work:
Sounds pretty simple right?
The third step states that you make $25 “per email sent” which is confusing because they also say you earn “per email processed”. Which is it?
In both cases, I find this quite misleading because, for a fact, you do NOT earn per email sent or processed. You earn per person you recruit as I’m about to explain.
Anyways, they even provide you with an ‘income calculator’ which shows you how much money you can make doing this.
Not bad money considering how easy this is made to sound, and how you are guaranteed to get paid instantly.
So, how does this program actually work? Read on…
How My Residual Profit Really Works
The first thing I want to do is explain what this program is not.
This is NOT a job, or a legitimate business of any kind. It’s a chain recruting scheme.
Here’s how they explain the system on their website:
…your sponsor followed the system by placing ads, you responded to that ad and sent $25 directly to them. They then “processed your email” by giving you access to the members areas so that you can get started.
The whole ‘processing emails’ thing is straight up bullshit. This is nothing more than a marketing spin.
Your REAL job, is to pay the $25 fee which goes directly to whoever referred you. From there, your job is to convince other people to do exactly the same thing you just did.
To lure people into this, your job is to SPAM everyone you know via email and social media. Not to mention, pretty much anyone else who will listen to you online. You receive some pre-made ads to help you do this.
As mentioned, when you sign up your payment goes directly to the person who referred you. And everyone who joins through you, pays you directly. This is why the ‘instant and guaranteed’ payments are actually true.
The way this system works is identical to the Email Processing System which I’ve reviewed on this site. It may be worth reading that review to get some more insight into this system as a whole.
So, you can make money doing this, yes. But here’s why I don’t recommend it…
Is My Residual Profit a Scam?
The answer to this question, really depends on your definition of a scam.
On one hand, you can make money doing this, and your money isn’t stolen or anything.
However, this program is far from legitimate.
Why? Because it’s operating as a chain recruiting/ cash gifting scheme. There is nothing tangible being sold here, you’re paying for the right to recruit others.
You pay the $25 to qualify to recruit, and anyone you bring in pays their $25 to be able to recruit others. This is NOT how a legitimate business model works.
They might call this ’email processing’, but in reality, it’s chain recruiting. Plain and simple.
If multiple tiers of earning were involved, this would (for a fact) be a pyramid scheme. However, this particular program does not have multiple tiers of earning.
The fact that you pay other members directly, who pay other members directly, is why this is similar to a cash gifting scheme. Which again, is not a legitimate business model.
What’s wrong with this model? It comes down to sustainability.
There are only so many people in the world willing to join a scheme like this. So recruiting WILL inevitably slow down. When it does, people stop making money and jump ship into the next ‘shiny object’.
Meanwhile, you’ve spent a considerable amount of time and money building your ‘business’ and trying to recruit as many people as possible. All of which will eventually fall flat.
Make no mistake, to actually make money with a system like this, you MUST recruit people. Lots of people.
Spamming people you know, and people on social media is only going to get you so far. If you hope to make anywhere near a decent income from this, you are going to need real internet marketing skills to generate leads.
In most cases, these kinds of systems only show people how to SPAM people. Which is a good way to have your account social accounts banned. Some of these systems do provide you with some basic training, yes. But in most cases this training is outdated, generic or spammy.
In any case, you never get shown how to build a real online business.
What seems like a ‘simple and easy’ way to make money processing emails from home, is really a chain recruitment scheme. You can make money doing this, but it’s not a good business model.
If promoting a scheme like this doesn’t bother you, and you’re cool with spamming people, the next biggest issue becomes how much money you can make, and for how long.
You need to recruit a considerable number of people on a consistent basis to make money with a system like this. Making 10 sales per day is possible, but it’s nowhere near as easy as this program claims.
In order to make that amount of sales each day, you need to know what you are doing. You need real internet marketing skills, to drive targeted traffic to the landing pages they give you.
Most people who join these systems are beginners. And there’s no real training provided to help beginners build a legitimate business. Which means getting to that level of income is doubtful with this system.
Join this ‘biz op’ if you must, but I’m certainly not recommending it.