Is Wood Profits a Scam Or Can You Build a Woodworking Business?
Wood Profits Review - Quick Summary
Product Name: Wood Profits
Founder: Wood Profits is Founded by Jim Morgan in 2012. (However, it's most likely a a fake personality.)
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Product Type: eBook with an Audio Recording Teaching to Build a Home Business
Price: $37 + Several Upsells & Downsells (More on this further...)
Best for: The Creator of the Product And Its Affiliates Because They Make Money By Selling The Product...
Summary: Wood Profits is another make money online product that promises a lot but delivers a little. They promise that you will make $90,000 to $150,000/year with the help of their guide. In reality, they are just trying to sell you a measly eBook of 53 pages. Those 53 pages must contain some real "magic" if they could generate +$100,000/year, right? 😉
Is Wood Profits Recommended? No.
In my Ultimate Make Money Online Guide I teach you a 4-step process to make money online that you can also use as a woodworker.
Wood Profits Video Review + 4 Steps to Start a Woodworking Business
Before you dive into my Wood Profits review in the text format, I want to give you an opportunity to have a look at my Wood Profits video review.
Video consists of 2 parts:
- Wood Profits Review
- Step-By-Step Instructions on how to start a profitable woodworking business from home.
The video is comprehensive because I wanted to give you a full walkthrough on how YOU can also make money from home with a woodworking business.
I hope you enjoy it.
If you have any questions, you can always ask me anything in the comments below and I'll be more than happy to help you out!
What Is Wood Profits?
Wood Profits is sold as a turnkey product to help you to earn $90,000-150,000/year with a woodworking business. It doesn't only promise to teach you a few ideas and steps but actually a risk-free way to make BIG money online.
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If you are new to making money online, this kind of claims may sound attractive for a while. I remember that at the beginning of my own online business journey I was so excited listening to the sales speeches of the new products that promised to teach me how to make money online.
However, after listening them for a while, I realized that 99,99% of the products that promised such a big income easily, were scams. That's why it's right away a huge red flag for me that Wood Profits is promising you so much money.
Fortunately, I found a legitimate way to make money online that nowadays makes me a living and enables me to travel around the world while running my own online business.
Wood Profits offers you in reality just a 53-page Digital eBook and a supporting audio recording that you can listen while driving the car or when you are on the go.
I'm just wondering why don't they tell it right away that they just want to sell an eBook. But then I found out that they are also lying about many things on their sales page.
Let me show you in a moment but before that for those of you who don't know, I'll quickly explain what is Woodworking.
What Is Woodworking?
Simply put Woodworking is a skill to create products from wood.
These products can be for example furniture like chairs, tables or basically anything that is made from wood, even a pen.
As long as there is a demand for these products and you have the skills to do them, you can make money with woodworking.
Now if you are really interested in making money with a woodworking business, I recommend reading until the end of this article where I will teach you a 4-step process to make money.
However, I will not promise that you will make a $100k/year business in 2 weeks or something outrageous like Jim Morgan from Wood Profits is promising.
I am only going to teach you how to build a legitimate woodworking online business.
Is Wood Profits a Scam? UGLY Truth...
Now comes the most revealing part of this article so I recommend reading very carefully. I did a comprehensive research on Jim Morgan and Wood Profits and I was able to find out that they are faking almost everything!
Let me give you just 3 examples:
There are several testimonials on the Wood Profits landing page that are praising the system and explaining how awesome it is.
One person who is giving his testimony is a man or persona called Marc Buckner.
When I saw these testimonials for the first time I was thinking, "Wow! So many people are saying positive things about Wood Profits. This must be a good guide to build a woodworking business!"
However, I did a little bit of research and found the UGLY truth behind their shiny testimonials. The testimonials seem to be made up and FAKE.
Let's take for example Mark Buckner. Actually, his image is taken from Shutterstock, Big Stock Photos or another stock photo bank online.
Actually, this is not the first time when I see a business guide online faking their testimonials. For me it's a big scam sign and I completely prefer staying far away from such systems.
2.FAKE Authority Proof
You can see the following image top of the Wood Profits sales page. There is a logo of CNN, Entrepreneur and USA Today with the text of "As Seen On".
Wood Profits is clearly claiming that they have been featured on these famous media channels. By doing that, they are trying to get more authority and trust in the eyes of their buyers.
However, I did a research and tried to find any mentions of Wood Profits of any of those media channels but I was unable to find it.
If Wood Profits would really be so famous, I think that it should be much easier to find them on media. Unfortunately, the truth is probably that Wood Profits is not famous at all and they are just trying to fool people here...
The landing page claims you that Wood Profits is founded by an older gentleman called Jim Morgan. Just by seeing his smiling face I started thinking that this can't be a scam.
However, I still wanted to make a research as we always should do before investing money on some products online and I found out another ugly truth.
JIM MORGAN SEEMS TO BE FAKED!
The picture of Jim Morgan is also taken from the stock photo bank. This time they are using iStockPhoto.
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- The Strategy That Wood Profits Is Using:
Wood Profits is using stock photos of the elderly men and they don't seem to show any real person's face.
Therefore, the real founders of the program are hiding behind these pictures. They are doing this probably because if they would show their own image, they would lose their reputation as human beings for being scammers.
The reason that they are using pictures of the old men with a white beard is that they are obviously targeting that audience with their product.
Usually, people who are interested in woodworking are those who have already passed the middle age. Of course, that doesn't always apply and there are lots of other people who are interested in the subject but that's the biggest single audience.
In addition, images of elderly people build more trust than young teenager in t-shirt and shorts. Wood Profits has taken all these FAKE testimonials, FAKE authority proofs and a FAKE founder in order to build trust and fool their audience.
Legitimate Way to Build a Woodworking Business
I have recently published my Ultimate Make Money Online Guide 2018. That guide teaches you to make money online during the rest of the 2018 and beyond.
I teach a 4-step process that I use myself, my friends use and 1,000's of other individuals use to make a living online. It is also known as affiliate marketing.
The good news for you is that the 4-step process also works for woodworking and now I'm going to teach how you can make money with it.
- #1 Step - Choose Your Interest = Woodworking
in the 4-step process to make money is to choose your interest. In this case it's obviously woodworking but the same process works also with other topics if you want to pick any other topic.
- #2 Step - Build a Simple Woodworking Website
The second step is to build a simple/basic website around your interest. Don't freak out yet! Building a website is nowadays very effortless with easy-to-use tools and I am going to walk you through hand by hand, step-by-step all the things that you need to do.
In this case you will build a simple woodworking website where you will create content about woodworking.
- #3 Step - Getting Visitors to Your Site
The third step is to get visitors to your website that are interested in woodworking. This will happen automatically when you write the content because people will find your website on Google.
There are nowadays more than 4 BILLION people online and millions of them are every day looking for information about woodworking.
The fourth and the most exciting step is earning revenue with your website. There are many ways how you can make money with your website but the strategy that I recommend goes like this:
- You leave links to your favorite woodworking products for example to Amazon.
- A visitor comes to your website and clicks any of your links and lands on the Amazon website.
- When he buys ANY products within 24 hours, you will earn a commission.
Notice that you will earn commissions for ALL the products that your visitors shops on Amazon during the next 24 hours. You don't need to have any of your own products but you can make money by promoting other people's products.
Of course, you can also promote products on other websites than Amazon but I recommend Amazon because millions of people are already shopping there everyday and everyone trusts them.
That's why Amazon is the best for beginners. If you have more experience, you can also promote woodworking products on other online stores and make a nice income.
How Much Can You Earn with My 4-Step Strategy?
Even though I make a living and I also have friends who are making +$10,000/month online using this 4-step strategy, I am not going to promise you anything like Jim Morgan (or the group behind his scam) does.
But I will show you an illustrative example that shows you the earning potential.
If I would create a woodworking website, I would certainly leave a link and a short review to the best-seller following product:
The price of the product is $199,97. To keep our example easy, let's use the price $200. It's also possible that the customer doesn't only buy this specific product but adds a few other ones making his shopping cart $250-350 in total.
I don't need to guess whether or not this product is good because people are absolutely LOVING it. There are 655 reviews with an average rating of 4,6 stars out of 5.
You could write a short review of this product summarizing the main features and mentioning a few positive reviews that people are saying about it.
People will find your review on Google and they will come to your website. From your website you direct them to Amazon and people buy them. You can see that already 10,000's of people have bought this product on Amazon.
Let's say that 100 people would buy the product through website and Amazon would pay you a 5% commission (there are sites that pay even much more by the way!). $200 * 100 purchased products makes $20,000 and with a 5% commission it means that Amazon will pay you $1,000!
Can you imagine? One short review of this Dewalt product can make you +$1,000.
What if you would write reviews of 10 similar products and make the same commission? That would mean $10,000 to your pocket.
What if you would write short articles of 100 similar products in a year and make the same commissions? Now you would have a potential to make +$100,000. And once the reviews have been published on your website, they will remain their for years to come and keep on generating you more revenue.
Do you start seeing the potential?
Of course, this is just an example and your earnings will highly depend on your efforts and willingness to work but there really is a potential!
To be honest, I could myself consider creating this kind of woodworking business using my 4-step process in the future but at the moment I am busy with other projects. At the moment, I am helping other people to build businesses online and this consultation is currently my main business.
How to Get Started?
Wealthy Affiliate is an online business community of more than 1,500,000 people worldwide. They provide a beginner friendly and easy-to-follow training that has turned many beginners into making a full-time income online.
Their training will walk you through how you can build a profitable business around woodworking or any other interest that you may have.
If you join today, you will get a FREE account that will remain free as a lifetime.
Wealthy Affiliate also has a premium membership that I highly recommend for those of you that are serious about making money online and building a profitable woodworking business.
With the premium membership you will get literally all the tools and everything you need to build a profitable business online.
I have been a premium member on Wealthy Affiliate now for 3 years and I can say that it has been worth every penny. Nowadays the premium membership generates me +100 times more income than it costs so I guess we can say it's worth the investment? 😉
In the image below, you will see a quick comparison between Free and Premium memberships on Wealthy Affiliate.
I recommend that you start today with a free account to get familiar with the platform and later upgrade to the premium when you are ready to make serious money with this.
Normally, the price of a premium membership is $49/month but when you join through my website or YouTube channel, I can get you a 59% discount. Therefore, you will pay only $19 for the premium.
Anyway, I don't want to pressure you into buying or spending money at all. I want that you first experience yourself on Wealthy Affiliate that this will really make you money.
Once you are comfortable and you see that this will really help you to build a profitable woodworking business, you can upgrade to the premium. No worries, I'll help you to make money online hand by hand.
I've already helped +3,000 people to get started and I will be more than happy to help you out as well.
Who Makes Really Money with Wood Profits?
Before we wrap up today, I wanted to reveal you who is REALLY making money with Wood Profits.
Are the customers of the program really making money or is the mystical creator the only one who profits here?
Did you know that Wood Profits has several upsells and downsells within their program? It means that one you buy their first product they'll say, "Hey! Did you know that if you buy this ANOTHER PRODUCT, we will reveal you to the key to the real success with the woodworking business!" Or something similar.
Take a look at their product structure which also shows you the commission structure for Wood Profits affiliates.
Wood Profits has an affiliate program that pays money for their promoters. In the other words, if you have seen any positive Wood Profits review, they are probably written by their affiliates.
Those affiliates are also using the same 4-step process to make money online that I just taught you but they are using it for dishonest purposes.
It's possible to make money with affiliate marketing by recommending scammy products like Wood Profits or by promoting good and valuable product like the Dewalt example that I showed you above.
I recommend, of course that you make money by recommending products that provide real value for the other people. That will also pay off more in the long run. People will trust you more and buy through your site also in the future. In addition, they will recommend your site also to other people. That's how you will build the most profitable business for the long term.
By using those principles, I have also been able to build a profitable business online that has enabled me to travel around the world.
Of course, I could make lots of money also by promoting here products like Wood Profits but it's just not right. I always want the best for you and all my followers.
Nowadays I help other people to build their affiliate businesses as well. So far, I have helped +3,000 individuals to get started with their make money online journey and I would love to help YOU as well.
It's completely free to get started with my support and you will be taken step-by-step, hand by hand forward.
Click the button below to start your own profitable woodworking business today!
What kind of experiences do you have with Wood Profits?
Would you like to start your own woodworking business with my 1-on-1 support?
Let me know in the comments below!
If you have any questions, just leave a comment below and I will be more than happy to help you out.