First off, I want to thank you for dropping in to check out my Parallel Profits Review. If you are new here then I want to welcome you! And if you are a long-time reader then I appreciate you continuing to come back!
*** Notice: Parallel Profits is currently SOLD OUT. Sorry, you missed it. However, the creators do have another product that we are excited to share with you. You can find it here: 123 Profit ***
Those of you who have been around a while will already know that I only do real and honest reviews of products & services, and it’s not something I do often. I only review things that really catch my eye and look very promising, and this happens to be one of them.
>>> Already tired of reading and ready to check it out? Click here.
Alright, let’s get on with it…
What is Parallel Profits?
Long story short; it is comprehensive training on a proven business model with virtually unlimited demand, relatively little competition, and potential for huge profits. And with the way they are structuring it the barrier for entry is super low, and there is no real expertise needed — This is huge because normally it would take a lot of experience to be able to do this business. They are making it nearly hands free for you!
Furthermore, this is the latest business training system from Aidan Booth and Steve Clayton. Chances are you’ve already heard of these guys, as they need no introduction, but in case you haven’t…
They are the creators and masterminds behind some of the most successful online business programs in the entire internet marketing world over the past several years. These include; the 7 Figure Cycle, the 100K Factory series, Online Marketing Classroom, and others.
It is well-known that they are undeniably two of the most successful internet marketers in history. Their products have been directly responsible for hundreds of thousands of dollars in online earnings, and indirectly responsible for literally MILLIONS more!
Basically, they are famous for teaching people how to make money! They’ve helped thousands of people from all over the world build successful online businesses. And it’s looking like Parallel Profits is their best opportunity yet.
I personally talked to Aidan Booth about parallel profits recently and this is what he told me…
In a nutshell, Steve [Clayton] and I have been involved in local search engine marketing (SEM) consulting for about a decade or so. We have a business in Cape Coral, Florida that does around $300,000 in sales each year, with about 80% profit margin. So it makes around $240,000 per year in net profits, which is about the same as what a well optimized $1Million/yr Amazon private label business would give someone.
Building a local SEM business might not sound like the most sexy thing out there at first, but it can be a VERY lucrative business model (author side note: I have one and can attest to this), and I think what will REALLY excite people is how we’re approaching it. I’ll have more details about what we’re doing differently in the product itself but I will tell you that it’s a unique way the customers be partnering with us on it.
We actually launched a program called “SEM Business Blueprint” several years ago which was based on this exact model, and it sold INCREDIBLY well (it had the best conversion rate to our list of anything we’d ever done) with amazing results and testimonials from the customers.
Getting to $100k/yr profit from this kind of business only requires a handful of clients, and it can be done without ever seeing/meeting anyone face-to-face, so we’re excited about what our students will be able to achieve here!
Seriously, the profit margins and crazy speed at which you can start earning serious money doing this — especially as a beginner — is practically unmatched in the online business world.
I’d say that pretty much sums it up, and gets me excited! But let’s dig a bit deeper…
General Parallel Profits Overview
Creators: Aidan Booth & Steve Clayton
Dates: Opens 1/29/19 – Closes 2/7/19 (so don’t delay)
Skill Level: Beginner to Advanced (this is for just about everyone)
Official Site: ParallelProfits.com
The basic (proven) business model is built upon selling straightforward marketing services to local companies.
However, there are 3 HUGE twists that makes parallel profits completely unique and different to anything that has been done before…
1) Those of you who actually follow the training will be invited to work together with the creators (Aidan & Steve) as part of a franchise-like situation.
This means you will NOT need to worry about creating a new brand, registering a domain, building a website, or much of anything else along those lines. You also won’t need to learn about copy-writing or create marketing materials. Virtually everything will already be setup and ready to go, so you can secure your territory and start making sales super fast.
They have been teaching people how to build businesses online for many years with several highly successful internet marketing products, but this is the first time that they are giving you the chance to partner with them directly. This is a HUGE opportunity to leverage the success of two incredibly successful online business owners for yourself.
2) When you get local business clients, you won’t need to perform the services you are offering, or even find outsourcers to do them. This is because there is going to be a team in place to do all the work for you, which eliminates the need for servicing — as well as any experience or expertise.
3) Due to the unique “client capture system” and all the other benefits of partnering with them, customers of Parallel Profits will not ever need to have any face-to-face interactions with clients (unless you want to) or do any real selling at all. This is all thanks to a variety of built-in lead generation systems and automated processes!
The 3 unheard-of additions above will eliminate virtually all of the typical roadblocks that most people run into when trying to build a local marketing company. Thus making the business model highly scalable and drastically increasing your chances of success.
With that being said, parallel profits also delivers FULL training on this entire business model, so if you want to go for it on your own, you absolutely can do that!
Simply put, this program is about how to earn money by offering digital marketing services to local business owners. It is about as close as you can get to a completely done for you business-in-a-box system. Even total beginners should have no problem building a solid income by utilizing this online business model.
Clearly there is a LOT to love about this business model, but here are some of the major benefits that I think will make this super attractive to most people:
- The profit margins are out of this world (aka AMAZING).
- There’s HUGE demand for what you are offering (literally almost every business on Earth needs it).
- Your group of customers is small so you aren’t overwhelmed.
- You get fast and residual results.
- The competition is very low in comparison to nearly every other business model.
- It is relatively easy to sell your company for a massive cash influx.
- The services can be outsourced quite easily.
- This is a REAL BUSINESS that you can be proud of and tell all your friends & family about.
Information Included in the Modules
I’m not going to get into full detail on these because there’s far too much of it. Plus that’s not fair to the creators or buyers. However, here is an overview for you…
- Introduction & Planning
- Business Overview
- Setting Up Your Business
- Services & Pricing
- Lead Generation
- Closing Customers
- Delivering Services
- Business Operations
- Billing & Receivables
- Client Reporting
- Accounting
- Scaling & Long Term Growth
- Plus More
As you can see it covers everything for starting, building, and continuing to grow a real business!
Comparing the “Parallel Profits” Business System to Others
So, how does the parallel profits model compare to some of the other popular online business models?
Let’s see…
Before I get into it, I just want to point out that the key factors I use for gauging a business opportunity are as follows:
- Realistic Profit Potential – I think of this both in the short term and into the future; while taking away the typical false-hope and unrealistic goals most people have. I’m only looking at this as something real and achievable. So, are the potential profits realistic?
- Time Commitment – Is there a lot of personal time required to run the company or not?
- Speed of Results – Will it take years or months to get significant results?
- Startup Cost – Do you need to put in a large investment up-front?
- Predictability – Can you predict your results to a certain degree?
- Business Sale Probability – Could you sell this company for a large influx of money in the future?
Your criteria may be somewhat different but I think we can all agree that the above are important factors for judging business opportunities.
Okay let’s take a quick look at some other popular online businesses…
* Affiliate Marketing – This is absolutely one of my favorite internet business opportunities so I’m not going to bash it. In fact, it is easily number 2 behind the local business model taught in parallel profits and in a very close race for the top spot. I love the affiliate business model and have done very well with it for many years. There’s no doubt about that.
However, it can be a slow starter with very low short-term profits, and often times can take several months before you make any money. Plus, it is not uncommon to spend a lot of time and/or money to eventually realize your efforts are a dud.
For that reason, I still put the local business marketing model (aka parallel profits) at the top.
* Information Products – Yes, they can definitely be very lucrative, but they are equally as unpredictable as affiliate marketing. You never really know if your info product is a winner until you’ve spent a bunch of time and effort on it (and probably money). Then, if it fails, you’ve lost all that with nothing to show.
* Blogging – This is among the most famous ways to make money online but also one of the most difficult. The problem here is that most people are under the delusion that they can start a blog one day and get rich the next. Ha! That does NOT happen. I’m not gonna go in-depth on this because there’s about a million posts out there explaining this one. But I will say that it’s NOT nearly as simple as you probably think it is.
* Amazon Whitelabel – Yeah, this is a solid business model, but it usually takes a while to get going, and you almost certainly need to be selling huge volumes in order to make a decent profit nowadays.
*Dropshipping/eCommerce – This is okay but paid traffic (Facebook, Adwords, Etc) is volatile these days. It often takes a lot of trial-and-error (and wasted money) to find the right combination to make this work.
* Kindle – No denying how steady this can be once you get going. However, you need to sell a load of books if you want to make good money. If you are willing to work hard at it and be happy with maxing out at lower profits compared to some of the other business models, it can be great. But that is not for me!
* Software As A Service – One of my major business partners loves building SAAS businesses. He has helped create many of them very successfully, and has therefore gotten me involved in them. So I know they can be a home run, but I also know this is probably the most expensive of this list to start and is very unpredictable. I wouldn’t recommend it for the vast majority of start-up entrepreneurs.
Ok, that concludes the comparisons. Yes, there are obviously others, but I’m not going to discuss each and every one of them. The above are among the most popular and that should be sufficient for the purposes of this review.
Now, let’s look at what Parallel Profits offers as a business model (selling simple services to local businesses) compared to all of the others, and why I think it is the best of the best based on my criteria listed above…
Realistic Profit Potential
With the Parallel Profits system, each client pays you a significant amount of money, and your profit margins are often 75% or more. Also, with the fact that the business is built on scalable systems, the future outlook is almost unbelievable.
Time Commitment
Your time commitment is just about as low as it gets because most/all of the services are fulfilled by others.
Speed of Results
The speed of results in this case is virtually unparalleled. There are few, if any, other businesses where you can bring in at least $1,000 of pure profit within mere days of you starting. That is quite possible here because clients pay you up-front, and each of them is potentially worth thousands of dollars per month.
Start-Up Cost
There’s really not a whole lot you need to get started so these are among the lowest of any type of business.
Predictability
Nothing is absolutely certain in business or life, but the the Parallel Profits model is undoubtedly one of the most “certain” businesses out there.
Business Sale Probability
This is the type of business that other people want to buy, thus making its sale probability very high. A business like this making just $15,000 per month can often times be sold in the range of $1,000,000 if it’s established and proven. Even a newer one might pull in upwards of $500,000 for sale.
Think about all of this for a minute. It’s certainly not brain surgery. You don’t have to be a genius to see the profit potential here, and why this can be such an incredible business to start.
Look at all the FREEDOM you can gain with the Parallel Profits Business…
Financial Freedom
You can be legitimately financially free from just a few sales. There is really no income ceiling here and it can be done quite quickly in comparison to nearly any job or other business out there. The sky is the limit on this one! Imagine having true financial freedom and not worry about money anymore.
Time Freedom
Have you ever read the 4-hour work-week? If not, then I am sure you’ve heard about it. Anyway, the gist is that you can build a true lifestyle income while rarely working if you really want to. That can be done with this type of business after you’ve done the initial groundwork.
It is entirely possible for this type of business to basically run itself, which means you will have all the time you want to pursue the things you have always dreamed about doing. This could be more time with your family, traveling, golfing, pursuing your hobbies, or anything else. The point is, you have the time and money to do what makes you happy.
Location Freedom
One of the best parts of this is that you get to choose where you reside in the world at any given time. With a successful online business, you are able to live (or travel) wherever you want. You don’t need to limit yourself to short vacations or “time off” because you can literally work anywhere.
Let’s take my business partner for example: In the past 3 years he has lived in San Diego (California), Denver (Colorado), and Bali (Indonesia). That’s pretty impressive. I’m not quite as much of a wanderer as he is, but I do work from home and could be anywhere in the world while I work if I wanted to. That is the awesomeness of location freedom.
We all have our own goals and objectives but the point is, when you run your own internet business, you have real freedom!!!
Myths You May Have Heard About the Business Model Parallel Profits Teaches:
Myth 1 – You Will Need To Do A Lot Of Selling
Obviously you will need to sell some as there’s no way around that for any business to succeed. However, your services are in-demand and practically sell themselves. Plus, you only need a handful of clients to make a great living, so you don’t need to continually keep selling — unless you want to scale like crazy, but that’s completely up to you.
Myth 2 – You Need To Have Face-to-Face Meetings Constantly
It is entirely possible to build a hugely successful business without ever meeting a client in-person. Sure, a live meeting might be needed on occasion, and you will certainly need to be available by email, phone, and maybe even video every once in a while. However, a bunch of live meetings is not going to be your reality.
Myth 3 – You Need Technical Skills & Online Marketing Expertise
Those things definitely do help but they are not required. You can outsource these things quite easily and pretty cheaply. So, no, you don’t need them. Plus, the way parallel profits is structured, you can basically hand-off all the actual work, which makes it even easier than ever before!
Myth 4 – You Need A Bunch of Money to Get Started
This is not true at all. Other than the course itself, you could literally start for free. After that you will be paid upfront, so you can outsource the work and continue to build your business strictly from profits. This is a very rare instance where you don’t have to take out a loan, or get investors, or empty your savings in order to start a real company.
Myth 5 – You Need to Hire Employees
Nope. You can use the team assembled by Aidan Booth and Steve Clayton specifically for parallel profits customers, or you can outsource the work on your own. Either way, you don’t have to hire anyone. Well, you might need to hire an accountant or financial advisor to help you with all the new money you are making, but that’s a good thing!
Myth 6 – You Need An Office
Definitely not! I’ve been doing this from home for nearly two decades. Enough said.
The Negatives
Of course, it’s not ALL positive. What is? Here are a couple things that I would consider not so great about this online business model…
* You do have to get clients (sell) — This is made MUCH easier through the parallel profits system, but it’s still something you can’t avoid entirely. You have to find clients, which means you need to sell your services to them.
* You have to deal with clients — I’m not gonna lie, this can be a pain in the ass sometimes, and it’s not something that most people tell you ahead of time about a business like this. Usually it’s not so bad, but there are definitely times when a client will drive you crazy. So you should be aware of that possibility from the start.
Final Thoughts for My Parallel Profits Review
In my opinion, the system they are teaching is undoubtedly among the fastest ways to earn a full-time income on the internet, and can create a very substantial & stable income. In fact, you will only need LESS than 10 sales to create a $100,000 per year online business — And the best part is you need to do almost nothing after that!
One thing that really stuck out to me is that this is a business model built on offering services that nearly EVERY business in the world needs, so you have a virtually endless amount of potential clients. Plus, you are actually helping these places to grow and increase their earnings, which has many benefits including; increasing jobs, strengthens the economy, makes you feel good, and so much more!
My review of parallel profits is definitively positive! I certainly recommend it without any hesitation whatsoever.
I’ve been an internet marketer for more than 15 years and I am currently a partner/owner of several successful businesses, so I know a winner when I see one. And I can say with confidence that this is unlike anything I’ve ever seen before — in a truly positive way!
It is great for starting a new business as a budding entrepreneur, or expanding a current business with a new stream of revenue. So it’s really perfect for all levels. Very highly recommended.
No, I don’t have some flashy (worthless?) bonus for you. Why? Because my review is legit. Sure, I could come up with one, I’ve got lots of things to offer, but don’t you think it’s a bit fishy when someone offers bonuses on their product/service reviews? And they usually keep doing it over and over again. Makes me think it’s not an honest review or a good bonus — instead they are just doing it for the affiliate commissions. Anyway, maybe it’s just me, but I don’t trust those! Do you?
I personally believe this product is DEFINITELY worth the price tag, and MUCH more! You could easily make your money back plus a whole lot more with just one sale. This is an investment in your future that could literally be worth MILLIONS of dollars to you.
That is my parallel profits review, and I suggest you get it now before it goes off the market! It’s only available for one week (the cart closes on 2/7/19) so the clock is ticking.
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