Can you really make a passive income through this “turnkey” system, or is it a scam out to take your money, time, and piece of mind?
Welcome to my CB Passive Income 5.0 Review, where I’ll be discussing what this product is, how it works, and ultimately help you decide if this program is for you.
And let me be upfront with you and say that I’m not supporting this product in any way, shape, or form — but simply providing you with helpful unbiased information so you can make a more informed decision as to whether or not this is something you may want to buy.
So with that said, let me jump right into things here…
Quick Summary Of CB Passive Income 5.0
Name: CB Passive Income 5.0
Price: 47 / month or $497 one time fee plus upsells
Rating: 2 out of 5
What Is CB Passive Income 5.0?
CB Passive Income 5.0 is basically an affiliate marketing course that teaches people how to make money online through selling Clickbank products as an email marketer — which is where it got its name.
However what makes this one different is that the entire business is already set up for you so that you can quickly start to generate money completely on auto pilot.
Since this product came out in 2013, it’s gone through 5 different versions with new additions being added to each one.
And now that version 5.0 is out, the creator Patric Chan says that this is a revolutionary “business in a box program” that can help you make a passive income online for several years to come.
Now before I get into how this product works, I want give a brief overview as to who the owner of CB Passive Income is.
Who Is Patric Chan?
As I just mentioned, Patric Chan is the creator of CB Passive Income — and the thing I really like about him is he doesn’t try to hide the fact of who he is behind a fake picture and pen name with this product.
He is a REAL person that has spoken in 12 different countries about internet marketing 2005 — plus, coauthored “Clicking Cash” which was supposedly one of the best-selling books a while back.
And on top of that he was invited to ClickBank’s HQ to meet their CEO and other top management executives.
So in short he seems to be credible person that’s not out to scam you.
But just because he’s made a lot of money through the internet doesn’t necessarily mean that his products will do the same for you.
And I’ll explain what I mean by this in a second.
How Does CB Passive Income 5.0 Work?
The whole concept of CB Passive Income is to help beginners make money online by doing all the hard work for them.
Therefore after you purchase this product, you’ll then be given what they say is your own “secret web page” — which is actually just a squeeze page, his own courses that you can give away as a free gift, and your own unique affiliate links.
Then when a person clicks on your website and signs up to your email list, the system will automatically send out emails containing Clickbank offers and the opportunity to buy CBPI — then if they make a purchase you’ll earn a commission.
So your only job is to send traffic to your website, and let the system do all the other hard work for you.
So it may seem like this system is helping you a great deal by giving you this done for you system — but there’re some drawbacks as well that you should be aware of.
Before I explain this though, let me give you some more insight as to what you’ll be getting if you buy this product.
What Does It Come With?
The main thing you’ll be getting with this product is the done for you sales funnel that promotes both Clickbank products and the CB Passive Income system.
This means you’ll be getting things such as…
1. Your own “Secret Web Page”
2. Courseres created by Patric that you can give away for free
3. A system that will write emails and promote products for you
4. And live monthly training sessions
And on top of that you’ll also be given some basic training on how to get traffic that involves Solo Ads, Bing Ads, and getting free traffic from YouTube.
And even though this training and system may look nice, I’m sure in the back of your mind you’re asking yourself…
Can You Make Money With It?
Yes you can make money with CB Passive Income ( especially if you already know how to get traffic ) — but there’s a few problems associated with this that I think you should know.
Problem #1 – You’re Not Building Your Own Business
Even though Patric claims you’ll be building your own email list and business with this product, what your actually doing is simply helping him expand his own.
Because at the end of the day the only thing you can control is how you get traffic — everything else is operated by Patric. And he makes it clear that you’ll be using his training sessions and promoting both his course and other Clickbank products to earn a commission.
So instead of creating your own emails that would allow you to build trust with your subscribers — at then end of the day your just helping Patric promote his business through emails he’s written.
This means if CB Passive Income were to shut down tomorrow you’d be left without a clue on how to do all of this on your own.
Problem #2 – Getting Traffic Is Not Easy
Even though you’re left with the one task of getting traffic to your site, what you may not know is that it’s the hardest part of the entire process.
Because if you can master how to get thousands of visitors a day, then you can sell just about anything online and make money.
But most people fail at building a successful online business because getting high quality traffic means you’ll have to spend a lot of money on ads, or work hard and be very patient to get it free from YouTube.
And since your just promoting a squeeze page rather than building a real website — you also can’t rely to get ranked within the search engines and get traffic that way either.
So again unless you already know how to generate a steady flow of visitors online — I think you’ll have a hard time getting traffic to your site.
Problem 3 – There’s Hidden Cost
Not only will you have to pay a one time fee of $497 or spend $47 a month for this product, there’s also some extra cost within this program too.
Once you enter into the members area, you’ll be presented with 3 different upsells that cost a few hundred dollars, and your also suggested to buy ads to get traffic — which can cost you a small fortune creating and testing out.
So all in all you could easily be spending a few hundred dollars on this product each month if your not careful.
Problem 4 – You’re Forced To Promote Clickbank Products
Last but not least, this system makes you promote other Clickbank products within the Internet marketing niche. And the problem with this is that 90% of these products are either very low quality, or just plain scams out to steal peoples money.
Here’s just a few of them that I reviewed in the past…
So even if you were able to get people to buy some of these products, more then likely you won’t earn anything since they’ll be asking for a refund within a day or two after purchasing it.
Is CB Passive Income 5.0 A Scam?
CB Passive Income is not a scam since you are getting a real product, with real training, and you can make money with it.
However it’s not something I recommend you buy due to you not having full ownership over your business, having to spend a lot of money on traffic, and the fact that your forced to sell only certain products almost as if your were part of an MLM company.
What I Like About It
- You’ll be buying a real product with decent training
- Patric is a real person unlike many other programs I’ve reviewed where the owner uses fake pictures and pen names
- There’s a 60-day money back guarantee
What I Don’t Like About It
- There’s hidden upsells
- You don’t have full ownership of your business
- Your led to believe that you can make money easily with this done for you system
- You’ll have to spend extra money for traffic ( which can get costly )
Who Is CB Passive Income 5.0 For?
CB Passive Income 5.0 is mainly for beginners that have no prior experience in making money online, and also don’t mind having a business that’s not entirely theirs.
However if your an intermediate or advanced marketer, or want to build a business around something not related to making money online — then this product will not help you.
My Final Rating
2 out of 5 ( Not Recommended )
At the end of the day, CB Passive Income is an average product geared toward beginners by providing them with a premade sales funnel to make money online.
But since your buying a “business in a box”, you have no control over your business and are forced to sale products that may or may not be good.
And with the training also urging you to spend money on traffic just to help promote Patric’s system — I don’t see this as something worth purchasing.
Therefore Here’s What I Recommend You Do
Instead of relying on done for systems to earn an income online like this one here, why not take your time to learn how to build a business from the ground up that you will 100% own?
That way you can promote whatever you want, and keep 100% of the earnings.
And with the help of this program here, you can learn exactly how to do this and more with their step by step training, 24/7 support, and online tools.
And best of all is you can try it out completely for free, no strings attached.
So if this sounds like something you may be interested in, click the pic below to learn more about my #1 recommendation online.
I hope you enjoyed this review about CB Passive Income 5.0 — and can now make a better decision as to whether or not you want to buy it.
However if you have any other questions you’d like to ask, leave a comment below and I’ll be happy to help you out. 🙂