Here we go again. Another product that we need to review. This one is called No Income Stream. (This is the 2.0 version, which is an updated version of a previously-released product.) Catchy name, as always! Is this one going to be as full of hype as Kindle Sniper was? And the big question…is No Cost Income Stream a scam? Let’s find out in this No Income Stream review.
This product is all about making money online without actually spending any money. (Except for the cost of their product, of course.) Everyone wants to make money without spending a lot, so I understand the appeal there.
My #1 Recommendation also has a Free Starter Membership so that you can start to make money without spending money. And that’s a nice thing to have. Not everyone can jump right into something and spend a lot on it. You’ve got to work your way up.
(By the way, my recommendation’s Free Starter Membership is totally free. You don’t even need a credit card to sign up. So there’s not even an upfront cost!)
Click the Button Below to Read More about My #1 Recommendation
Here are the areas we’ll explore in this No Income Stream review.
- What is No Cost Income Stream?
- How Does No Cost Income Stream Work?
- Is No Cost Income Stream a Scam or Legit?
- Step-by-Step Training with Ongoing Support
- Let’s Recap
What is No Cost Income Stream?
Product Name: No Cost Income Stream
Cost: $37 one-time payment
Owner: Eric Holmlund, Paul Counts, Jeff Wellman
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The No Cost Income Stream marketing video goes on to explain what the product is all about. You can watch the whole video here, or just skip on over it to get my recap.
Their goal is to show you 5 different ways to make money online without spending a lot (or anything) on upfront costs. These five ways to make money are:
- Affiliate marketing
- List Building
- Freelancing
- Video Marketing
- Product Launches
These are absolutely five legitimate ways to make money online.
Here are the bonuses you’ll receive.
- 14 videos on how to use free graphics tools
- 11 videos on using free screencasting tools
- $100k affiliate course in PDF format
- 10 Private Label Rights list building packages (reports that you can give away for email signs ups. Each one has its own squeeze page for email sign ups).
They claim the bonuses alone are valued at $2391. Eh, I don’t know about that. That seems a little (OK, a lot) overstated. My car is barely valued at that.
I have to say that they used very little hype in the video, which I’m impressed with. There was some hype with the price though. (And those bonuses!) This is a very common tactic with internet marketers and even brick-and-mortar marketers.
You jack up the “real” price and then give a big discount. The difference in the “real” cost versus what you’ll actually have to pay for No Cost Income Stream might be one of the biggest I’ve seen.
With that said, let’s see How No Cost Income Stream really works. Is it as good as they’re claiming? Is it actually worth $997? (Or $37 for that matter?)
How Does No Cost Income Stream Work?
For your money, you’ll be getting 89 step-by-step videos that take you through the five different ways of making money online as I mentioned above. Each of the five training sessions has about 10 videos. The videos show you how to use the income streams without any upfront costs.
You’ll also get additional training videos that come along with the bonuses.
You’ll have to download the videos onto your computer, which seems like a little bit outdated technology. The videos aren’t named in any special way and are just named “Video 1”, “Video 2”, etc. This can make it difficult to navigate through the videos when you want to re watch something.
What is nice is that they provide PDF transcripts for each of the training videos. So, you can always go back to those if you need to find something quicker.
You’ll be hit with some upsells along the way. Pretty interesting that they’re promoting no-cost income streams, but then try to get you to buy extra things.
Is No Cost Income Stream a Scam or Legit?
I definitely do not think No Cost Income Stream is a scam at all. Yes, the price was hyped up a bit. Everyone does that. It’s not my favorite thing in the world because everyone knows those numbers are pulled out of thin air and it seems disingenuous, but you get used to that type of thing and know to take it with a grain of salt. It doesn’t mean the product is a scam. It just means the owners are using a proven (albeit ridiculous) strategy to entice people to buy.
I’m going to give this one my sideways thumb. That means it’s a pretty good product. I like that they’re giving you step-by-step video training. If you’re new to the online marketing world, you’ll need some hand-holding at first. I like that they say that this is going to involve work because that’s absolutely true. I also like which areas of online marketing they chose to focus on. They’re all legit ways to make money. And I love that they didn’t promise any big income. Like “Make 6 figures in your sleep. It’s so easy!”
I actually almost gave No Cost Income Stream a thumbs up, but then I realized something that I don’t love about this product. I don’t love that you receive the videos and then that’s it. What if you have questions? And what happens when those videos become outdated? (Which will likely happen quickly because technology and online marketing strategies change quickly.)
Those are the downsides of having a one-and-done kind of product. I do think you can learn some things from these types of products, but it’s much better if you can have ongoing support along the way. That’s why I have to continue to recommend the training platform I use. Let’s discuss.
Step-by-Step Training with Ongoing Support
I use the training website called Wealthy Affiliate. They are my #1 recommendation. You see, if you’re looking for a product like No Cost Income Stream, then Wealthy Affiliate will be perfect for you. They also provide step-by-step training videos. But, what’s different is that they’re not a one-time deal.
You become a member and you can get support from other members, the owners, or even me! You can ask questions, get help in Live Chat when you’re stuck on something, build relationships with like-minded individuals AND use Wealthy Affiliate’s powerful hosting platform to host your website(s).
Wealthy Affiliate also has an awesome keyword search tool, a content writing platform (I’m using it right this second) and a site manager so you can keep a check on the health of your sites.
Wealthy Affiliate is an affiliate marketing training site, but they have a whole host of training on allllll kinds of topics. Training on video marketing, email marketing and free image tools are all there. Plus, so, so much more. Everything you need to get started online. I mean, they have it ALL.
If you’re brand new to the world of affiliate marketing, then I encourage you to view my free guide on making money online for beginners. It will show you how I (and hundreds of thousands more of us at Wealthy Affiliate) got started. It’s easier than you think, but I’ll show you everything in the guide.
Click on the Button to Access my FREE Guide to Making Money Online for Beginners
Let’s Recap
Again, I don’t think No Cost Income Stream is a bad product. And while I’m partial to Wealthy Affiliate, I want to give everyone an opportunity to make money online in the way that they see fit. So, I’m going to leave a link for you here in case you want to try No Cost Income Stream for yourself. I ain’t judgin’. 🙂
It does have some good, legitimate ideas about ways to make money online. I just don’t love that its not ongoing. Wealthy Affiliate not only helped me get started, but they help me continue to grow my business. There will be new challenges, new regulations, new ways of doing things that will constantly change the online marketing world. It’s nice to be a part of a community that will always be in-the-know.
Staying on top of things is a really, really good idea.
I’d love to help you get started, so I’m going to put that free guide to making money online for beginners here again.
Click the Button to Get Started
Do you have any questions or comments about No Cost Income Stream? Leave them below!
Thank you for this detailed review of No Cost Income Stream 2.0.
Products of this type always come with a lot of promise, but in the end under-deliver. The promise of not having to do any work, or make any investment at all, and still earn money sounds so good. This is the reason people want to believe it. And often part with their hard earned $37, only to meet with the disappointment. Then, they move onto the next empty promise!
I second your suggestion of learning how to create your own business online through training at the Wealthy Affiliate. After you finish the training you’ll be set up for running your websites and enjoy passive income – all created by you!
I absolutely agree, Alenka. Creating your own space online and learning how to monetize it is probably the best of all worlds. And yes, that’s something that you have to learn how to do properly and why I recommend Wealthy Affiliate (as you seem to do too)!
It’s good to have your own property online because it’s yours and yours alone, with not one to take it from you. Some of these systems give you a free website, but then it’s not yours. What happens if they close down and leave town? You’ll be left high and dry.
With something like No Cost Income Stream, they will teach you how to do that, but I really question the material. Is it up-to-date? Will it stay up-to-date? Just some things to think about.
I like your thorough review and clearly understood what the product is all about. I am a beginner and just doing affiliate marketing for now without having any success so far. But as you said the problem with video course is that it is not updated and the training may become worthless after few years. Is there any kind of support from the owner or any FB group to discuss the queries?
Yes, that’s what I worry about with these products too. Even though No Cost Income Stream 2.0 actually seems pretty good, I worry that the material won’t be up-to-date in a few months. The Internet space moves fast, and you’ve got to be able to move with it.
To answer your question, I did not see any sort of support available in the form of Facebook groups. I only saw people promoting the product there.
Christina,
Thank you for this post! This program sounds interesting and at a good price but I agree with your assessment of what then? I always have a lot of questions! I’m not super techie so sometimes its hard for me to understand how things work. This was very true of trying to create my own website, at one point I probably had four books spread out on my table to reference various questions I had, and then I’d still end up googling something as well! I suppose that this comes with the cost though. To keep the cost lower they don’t have the support team. Thank you for this review it was defiantly informative!
KARA
Thanks so much for your thoughts, KARA! I am the same way. I am always Googling things, trying to figure out how to do stuff. Thankfully, Wealthy Affiliate makes all that easier by providing everything you need inside the system. Now, I just do a search if I need to figure something out. Almost always, someone’s already got an answer for me in a training video or blog post somewhere. It’s just much easier to have the community helping each other out.
I watched the YouTube about No Cost Income Stream you have put up in this article. It seem to be the product is legit, but again I agreed with you we need constant support and interaction.
Your number 1 recommendation -> Wealth Affiliate has created a large community of liked-minded marketers, helping each other to succeed online and motivate each other to learn the most advanced techniques about internet marketing.
Again, I do not like any upsell when we have sign-up for a program. No Cost Income Stream has a lot of upsell within, and it can be very frustrating when you want to develop your online business and came across all these hindrance.
Good review by you on both products and I opt to sign up the free starter membership at Wealthy Affiliate, since it is free anyway.
I totally agree about the upsells. I mean, you just told me the product is only $37, but then you want me to buy more products and spend hundreds more? No, no. Just give me one price for everything, please!
There are so many tactics out there to watch out for!
Anyway, I’m glad you’ve found your way to Wealthy Affiliate. It’s a true and honest place to learn how to build a long-term business.