This review is going to be about a website called My 24 Hour Income. What is My 24 Hour Income? Is it a scam? Or a legitimate opportunity for you to earn money online? Is it worth investing time and money into sites like this? These are some of the questions that we will be focusing on in this short review.
Alright without further ado, let’s get things rolling…
Name: My 24 Hour Income
Owner: Drew Burton
Price: Free to join
What is My 24 Hour Income all about?
My 24 Hour Income is an online advertising platform where business owners can advertise their business to drive traffic to their products/programs.
Besides advertising, they also offer an earning opportunity for all members through their revenue sharing program.
How Does it Exactly Work?
In order for you to earn money through the revenue sharing program, you will first have to purchase an adpack. But that’s not all, you will still have to click and view 8 ads every day(24 hours) to qualify. Failure to click on the ads for that day will result in no earning for you.
How much you are going to make depends on which plan you choose and the number of adpacks you have a particular period. It seems like there is no limit to how many shares you can have at a go. This is where you will have to be disciplined and not try to get sucked into it.
I know some of you might be thinking about purchasing many adpacks so you can earn more profit. Well, if you have that intention, please erase it away. What you need to understand here is that everything is happening in the online space.
You physically don’t know anybody and if anything were to go wrong, you will not be able to track them or get your money back and they have already clearly stated that there is no refund.
Once your money is gone! It’s gone… Always be cautious when dealing with sites like this.
If you want to give it a try, it’s fine. Go ahead.
But keep it within your limits that you can afford to lose. Don’t be greedy.
Are there any Risks?
Before jumping into anything, it is necessary that you understand what are the potential risks you are dealing with.
Are there any risks associated with My 24 Hour Income?
Yes, there is…
The very first thing you need to know about revenue sharing is that they rely solely on the number of sales made. In other words, how much profits is going to be shared depends on how much profits are made for that period, in this case, hourly.
If let’s say for that hour little to no sales are made, you could end up getting little profits or even none. What you need to understand here is that purchasing the adpacks doesn’t guarantee you any money or profits. Everything depends on the overall profit made by the company. If they didn’t make any profit, they have literally nothing to share with everyone else.
I have been involved with several revenue sharing sites in the past so I have a very good understanding and experience of how they operate. From my personal experience, I can tell you that most revenue sharing sites will stay legit(pays) for about 5-6 months. Some longer, some shorter… but the idea is that they are not a sustainable business model in the long haul.
Initially, when the website is just launched, lots of new members will be buying adpacks, referring new members and thus getting revenue shared without fail. As time goes by, lesser and lesser members joins and purchases the adpacks. And then NOW, you will start to see several issues occurring such as delayed payments or no revenue is being shared.
I don’t really blame these guys and say them, scammers because they are not solely responsible for everything. They can only share profits if they made. But if not many people are joining, the company is definitely not in a position to share with other members.
Personally, my recommendation would be to participate in a revenue sharing program when they just launched. Stay with them for a maximum of two to three months. Then move on…
Can You Earn Money without Spending a Dime?
The only way to earn money without spending a dime is through the referral program. Basically, you use your affiliate link and promote it around. If someone joins through your link, purchases adpacks or positions you will earn a small commission from it.
But there is a problem there. You still will not be able to take out any money you made yet…
Look at this question I took from their FAQ section,
“Q: Is my24hourincome.com free to join?
A: Yes. my24hourincome.com is free to join. Also, free members can earn commissions. But first, they need to purchase ad services to be able to withdraw their commissions.”
The truth is joining my 24 hour income is free BUT in order to make money or cash out any of the money you made, you will still have to spend money. Being free to join is really a no big deal because they have made it in such a way that you have to buy their adpacks even if you are not interested.
So is My 24 Hour Income a Scam?
I know some of you might be thinking right now, so is My 24 Hour Income a scam?
Well… at the moment, it seems to be legit. People are getting paid but as mentioned earlier, this is simply because the site is just launched recently like two days ago? I won’t be surprised if we start having complaints or issues couple of months down the road.
A smart move would be to capitalize on this opportunity while they are still new. Even then I wouldn’t guarantee you anything. Just keep in mind that the risks are always there.
Is My 24 Hour Income For You?
The reason I decided to write a review on this is simply because I saw quite a number of people actually promoting this program on social media.
Honestly speaking, I don’t quite understand what’s all the big commotion about. Firstly, revenue sharing isn’t something new… it has been around for quite awhile already. Secondly, it’s not even FREE in the first place. You will eventually have to spend some money first and worst, the returns are not even that attractive.
If you ask for my opinion, I would say that My 24 Hour Income isn’t for everyone. If you have something to advertise, then this might be useful for you. Or if you are good at recruiting referrals then you might also want to consider it.
If you are just someone who wants to take part in the revenue sharing opportunity, I wouldn’t recommend this to you because this site, firstly there are risks and secondly there isn’t much money to be made.
Final Verdict: Legit, But Not Recommended
Safe & Solid Way To Make Money Online?
For those of you who are still keen in generating good income online, I highly recommend that you start your own online business. This is a really safe and solid opportunity because you don’t depend on anybody but yourself. You don’t have to worry about purchasing adpacks and not getting paid.
So… what do I mean by online business?
There are many ways of running your very own online business. Selling your own products, running an e-commerce store, drop shipping are a few I can list from the top of my head. But the one that I have personally tried myself and am talking about is called Affiliate Marketing.
Affiliate Marketing means promoting someone else’s products/services and earn commissions from it. There are countless of benefits for this approach which is the reason why I really love it.
Some of them include…
- You don’t need a huge capital to start
- Can be done from the comfort of your own home
- No need to physically get in contact with anyone. Everything is done through the internet.
- You don’t have to worry about what products to sell or storage space to put your products
- Definitely has more potential to make money compared to revenue sharing sites
It’s really not difficult to get started. All you need is an interest or passion. If you have one, you can build a business around it. I have been doing this for just over a year and have seen more than just great success with it. This opportunity has allowed me to quit my day job and run this entirely from home and the best part…? My income is almost 3 times of what I earned in the corporate world.
Though it is nice to hear… I have to tell you that this didn’t happen overnight. I have put in a great amount of effort to make this work. If you are expecting to make tons of money within a week or month, sorry, this isn’t something for you. You have to put in the effort and give yourself enough time to see success in this.
I know some of you might be thinking right now, how do I get started without any proper understanding or knowledge about Affiliate Marketing & starting an online business. Don’t worry, I have got you covered. I have been using this program called Wealthy Affiliate. It’s an online training platform that teaches you from scratch to building an affiliate marketing business.
If you are interested to find out more, you can check my review on it…
Alright, I have come to the end of my review on My 24 Hour Income. I do hope by now you have a better understanding of what it is all about and whether it is something you want to take part in. Those of you who have personally tried My 24 Hour Income or any other revenue sharing sites are welcomed to share your experiences with us in the discussion section below. Questions are welcomed too.
Thanks for reading…
And I wish you success 🙂