Here is an honest review of Lawn Chair Millionaire to help you make up your mind.
How much does it cost?
The cost is $29.99 per month, but there is an additional one time admin fee of $49.99 when you join. So it is going to cost $79.98 for your first month and $29.99 thereafter.
What is the Commission Structure?
If someone joins LCM under your link you receive an instant $20 bonus. If the remain a member you will receive a $15 commission for every month that they are a member.
My commission for the month of May 09 (my first full month) was $425.51 (see below for screenshot)
You are also guaranteed commissions in your first three months of being a member. The exact amount is dependent on what the value of a "Moneyline Pool Share" is, but for me it was $13.02 for the first month, $15.51 for the second month and $18.32 for the third month (see screenshot below)
I made good commission from Lawn Chair Millionaire in the first few months while it was part of the Plug-In Profit site, but after that it was removed from the Plug-In Profit Site and commissions dwindled. I decided not to promote it as I felt that the product (money making and gambling systems) was very questionable.
What do I get as a member of Lawn Chair Millionaire?
Access to something called a "Vault". The vault contains various methods for making money including:
- SoccerMaestro, an online betting system
- 60 Minute Trader, a stock market trading system
- Smart Cash System, a way to make money on the Sports market
- MyAutoForex - another way of making money with FOREX
- A place to add your own custom opportunity for your downline to see
None of the above really interested me, so I didn't go into any great depth with any of the vault items and decided to concentrate on promoting the business opportunity instead.
What payment methods do they accept?
All major credit cards are accepted.
How to I get paid?
You get paid via AlertPay. AlertPay is very similar to Paypal in that it lets you send and receive money via email and you can link it up to your bank account or credit card. It is free to open an AlertPay account.
What Support is offered?
Lawn Chair Millionaire have a ticket based system for support requests and an FAQ. I have used their ticket system once and received a reply pretty quickly.
Am I tied in?
No - you can cancel at any time.
Positives
+ High commissions - the $20 and then $15 per month per member means that you need only refer two customers to pay for your membership
+ Receive Commissions for the first 3 months even if you don't refer anyone (makes it easier to get started.
+ They pay on time
Any Negatives?
- I really struggle to see the value of the LCM product and how it is useful to regular people. I do not think the product is worth $29.95
- The Vault programs not for everyone. Only if you are interested in betting/gambling.
- Lots of menus inside the members area can make things confusing initially
- $49.95 admin fee required to join
My Verdict & recommendation:
I do not recommend Lawn Chario Millionaire mainly because of the unattractive product.
I recommend My World Plus rather than Lawn Chair Millionaire. You can read a full My World Plus review here.
My World Plus has a much better product that can be used by anyone. It is also cheaper to run at just $19.95 per month, has a better conversion rate, better training and the commissions are higher.
I hope this Lawn Chair Millionaire review helps you to come to the right decision for you!
Monday, June 29, 2009
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7 Responses to "Review of Lawn Chair Millionaire"Hi Susanne,
This is a very excellent review of Lawn Chair Millionnaire. I have been with them for almost two months and have paid me $62.45 for the month of May.
So if you gurus are satisfied with their system,then I will stick with them.
Thank you for giving me the confidence that it is not a scam as some PIPS members thought it was.
Cheers,
Charles
Hi Suzanne
I had been wondering what exactly LCM did, thanks for clearing that up!
I had been tempted to join up, but I don't like paying for something when I don't know what I'm getting (for some reason lol)
Thanks you for posting a relatively unbiased review, they're hard to find these days!
Aaron Herman
Run Your Entire Business for Under $20 a Month
Hi Suzanne,
I've been on the fence about LCM.Now after your review I see that it is an excellent program so I'll be adding it to my other programs
Thanks
John
Thanks Suzanne. As a newbie I'm still trying to find my way around PIPS. This will be an addition to my site soon though.
Dennis
Dear Suzanne, thanks for the detailed review ;) I've been doing soem research on LCM on the Web recently(as they actually give you no details at all when you join them) and faced the following:
"There is only one way to get paid from the program. You need to purchase a debit card and depending on how many referrals you have depends on how much it costs. You have to pay for the card plus shipping, the following prices are the 2 combined. It costs $64 if you sponsor no one, $54.99 if you sponsor 3, $44.99 if you sponsor 5, $25 if you sponsor 10 and free if you sponsor 15. This is not mentioned anywhere on the site until you join."
Please can you kindly comment on the above. Many thanks!!
Jana
Hi Jana,
There is no requirement to purchase a debit card for LCM. Perhaps this was an old requirement?
I get my LCM commissions paid via AlertPay.com which is similar to Paypal. I then transfer them into my bank account from there.
Cheers
Suzanne
Suzanne, yes I guess it probably was an old one... cheers!!
Jana
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