What Is No Cost Income Stream – Is This Money Stream Real?

What Is No Cost Income Stream - Is This Money Stream Real?

I’ve asked the question myself: What Is No Cost Income Stream?

I’ll start out by saying this is a good program, especially for people with absolutely no experience in internet marketing.

However, as you take a closer look at the program there are some drawbacks.

“No Cost Income Stream 2.0” is a platform created by Eric Holmlund and partners Paul Counts and Jeff Wellman.

No Cost Income Stream is an affiliate marketing training course.

Founders Eric Holdmund, Paul Counts & Jeff Wellman claim that users don’t have to spend money to set up their online business.

Also, they claim that you don’t have to spend any money to build your affiliate marketing business.

What Is No Cost Income Stream About – Brief Overview

What Is No Cost Income Stream - Is This Money Stream Real?

Overall, these guys tried to make a decient program geared to “newbies.”

However, they contradict themselves with the title “No Cost Income Stream.”

There are definetly “costs” associated with online marketing!

  • Product Name: No Cost Income Stream
  • Skill Level: Beginner
  • Product Owner: Jeff Wellman, Eric Holmlund, Paul Counts
  • Advertised Price: $47
  • Discount Price: $17
  • Upsells: $97 + $97 Recurring Fee
  • Website: www.nocostincomestream.com : The URL doesn’t work
  • Recommended: No
  • Rating: 3 out of 100: Good for “newbies”, but not much else.

However, keep in mind as we go through this post what the owners of No Cost Income Stream stated.

They promote this platform as if you don’t have to spend any money to build your affiliate marketing business.

Wait a minute! No Cost Income Stream 2.0, which is the latest version, comes with a price tag of $47.

At one point they did offer a discount price of $17

Didn’t the owners say that this is “No Cost Income Stream?”



What Is The No Cost Income Stream About – Update March 1st 2020

I should have changed the title of this section to What WAS The No Cost Income Stream.

So what happened when I tried to click the URL for No Cost Income Stream?

This is what you see:

What Is No Cost Income Stream - Is This Money Stream Real?

So what happened to the website?

Whenever you click on a URL and you see something like this, it means that the website is no longer in service.

I can only conclude as of this update that the owners of No Cost Income Stream took it down.

No Cost Income Stream Was Not A Great Clickbank Product

Since No Cost Income Stream was promoted on the Clickbank platform, I was able to find an email address for support questions and concerns.

When I clicked on it to get support, this is what appeared:

What Is No Cost Income Stream?

No website URL, no support email or URL…Nothing!

My conclusion is as of March 1st 2020, No Cost Income Stream has been removed and is no longer an option to consider for making money online.

The review below was from when the website was active.

However, for anyone reading this for the first time, there is a lesson that can be learned here.

Most make money online products are full of CRAP.

Yes, there are some really good ones out there, but the majority are full of cow dung!

Many of them are SCAMS that are only designed to suck every dollar they can out of your wallet.

When platforms like this “bite the dust”, it makes me appreciate even more the platform I’ve used to build my business called Wealthy Affiliate.

Wealthy Affiliate has been in business for over 13 years.

They’ve helped ordinary people build extraordinary incomes in a span of 1 to 2 years.

Wealthy Affiliate is a SOLID platform that will only get better.

Getting back to No Cost Income Stream, I will leave my review here for you to read.

Again, this was done when the website was working.

But wait! This gets even more confusing!

What The Heck Is Going On Here?

What Is No Cost Income Stream - Is This Money Stream Real?

As I was trying to find out what happened to The No Cost Income Stream by Founders Eric Holdmund, Paul Counts & Jeff Wellman something else happened.

I found ANOTHER product with the exact same name.

As you can see from the banner above, is too is called No Cost Income Stream 2.0!

So I asked myself “What the heck is going on here?”

What Is No Cost Income Stream - Is This Money Stream Real?

Apparenty, Founders Eric Holdmund, Paul Counts & Jeff Wellman sold the website to new owners.

Are the new owners of No Cost Income Stream Barry Rodgers and Val Wilson?

The picture below is at the bottom of the sales page.

What Is No Cost Income Stream?

So it would seem that this is the same video course, but with diffrent owners.

To be perfectly honest with you, I don’t know what to believe!

However, here’s ONE THING I’m absolutely sure of:

I would NEVER build my business on a unstable platform like No Cost Income Stream!

If I built my business on this platform, I’d be extremely nervous.

I wouldn’t know from one day to the next what is going to happen to my business!

The platform I use, Wealthy Affiliate, has been in business for over 13 years.

Wealthy Affiliate has the same owners for 13 years: Carson Lim and Kyle Loudon.

Therefore, my sincere recommendation is do not purchase No Cost Income Stream 2.0!

If you want to continue my No Cost Income Stream Review, you’re welcome to continue reading below.

However, if you are tired of half-truths, online fake hype, and platforms that just don’t work, I would recommend you stop reading, click the banner below and get your online business started TODAY!



Does “No Cost” Live Up to It’s Name

The sales video promises to help you start a no expense, or “no-cost”, Internet-based business.

That was the main lure of this platform. So there’s an apparent contradiction from the start

In the video Eric Holmund mentions how a payment would be required to scale up your email marketing business.

Also, Mr. Holmund makes it clear this is necessary to sustain it for the long term.

Likewise, on the second video, he emphasized the need to use paid promotions and tools to scale your business.

The owners make it clear that their goal is the following:

  • No domain registration costs
  • No website hosting costs required
  • All the software and other free tools you’ll need will be provided absolutely free
  • Detailed training on how to promote other people’s products for affiliate commissions without spending money.
  • How to launch your own products without spending a dime

We’ve established that No Cost Income Stream charges $47 for it’s basic membership.

Similarly, there are a number of upsells you have to wade through, once you’ve spent the near fifty bucks and enter the No Cost Income Stream members’ area.

Those also cost money, so that’s contradiction number 2. The “No Cost Income Stream” is starting to add up.

Also, No Cost Income Stream tries to get you to sign up for their expensive coaching upsell.

This program has a number of upsells customers are unaware of until they purchase the program.

How “Newbies” Benefit the Most From No Cost Income Stream

Who is The No Cost Income Stream best suited for?

This training system is built solely for the most entry level of beginners, so this program will be of little use to experienced marketers.

Therefore, the very title of the program – “No Cost Income Stream” can be very misleading to people experiencing financial hardship who are currently looking at online marketing as a way to generate additional revenue.

My opinion is the misleading name they chose for their product is sending the wrong message to already financially disadvantaged folks by using unnecessary hype.

When you say something is “no cost”, it should mean “no cost.”

However, this is quite different from the business builder I’ve been using to create a sustainable affiliate marketing business with no surprises.

A Platform For People Skeptical About Internet Marketing

There are some really good aspects to No Cost Income Stream.

In the training area much effort was expended to show inexperienced newbies how to perform the most basic online marketing activities.

If you still have reservations about “this internet marketing thing” this platform is for you.

The owners went out of their way to make this program as “newbie friendly” as possible.

For example, in trying to keep with the name of the course, “No Cost income Stream”, no effort was spared to find FREE tools to start your online business.

There is an impressive compilation of free tools such as:

  • Google Hangouts (an absolutely free webinar hosting site).
  • MyEcoverMaker.com (a free eBook cover designing software)
  • OpenOffice.org
  • CamStudio.org (a free screen recording software)
  • Wix.com (Wix is available for free for as long as you want, but if you require professional features like your own domain name or priority support, you must pay for these services.)
  • ListWire.com (a free Autoresponder service)
  • Weebly.com (a free download page creation tool)
  • Kompozer.net (a free HTML editor. You have to learn how to use Kompozer.net, which some “newbies” find it hard to do – myself included!)

Additional Resources Provided To Help “Newbies”

These resources were provided to help students set up their online business. The threesome did a good job assembling this information in one place for newbies to access.

Also, there are lessons in the videos showing students other aspects of setting up your online business. The videos are as follows

  • How to launch their own simple, digital products
  • How to select profitable niches
  • Product Creation: How to create a digital product in your niche
  • The basics of writing sales copies
  • How to sell your products to your audience after creating them
  • Recruiting affiliates to promote your products.
  • How to successfully Freelance and a list of freelance sites

Every single one of the videos is very high quality and the training is very detailed and informative, especially for newbies (there’s a ton of information for newbies to benefit from).

Even experienced marketers could learn a thing or two that they didn’t know before.

If you’re an experienced internet marketer, you’re probably already using the many of the 16 traffic-driving methods taught in the videos.


They’re probably a few of these methods you’re either not familiar with or not using. They’re all legit, viable and SEO-independent methods.

Also, the owners did a meticulous job walking his audience through all the training videos.

However, while there are plenty of videos to watch, most of the information on them is available elsewhere for next to nothing if not free if you really look.



What I Didn’t Like

I really don’t like upsells because they hit you up for additional monies you weren’t prepared to pay.

Also, they make it seem you need the “one time offer” upsell to “make the system work faster and better.”

The upsell that’s offered really is a decent offer, but it would have been better, in my opinion, if they had waited at least a few weeks before offering it.

The video delivery is mediocre at best. When downloading the videos you see numbers and letters instead of complete titles. The download page itself isn’t very good and needs some upgrading.

The “bonuses” are nothing to write home about. They’re not going to make your online business any better. They seem to be another marketers product they purchased the rights to and added to the main product.

The “bonuses” are not worth the time and won’t help your business at all.

What Is No Cost Income Stream About – Great Product For Newbies

No Cost Income Streams mediocre website design is not bad for a total beginner who is really skeptical about internet marketing and doesn’t want to waste a single dime on learning how to make money online.

The owners packed a lot of value into the training for their newbie audience to benefit from.

The product has a lot of potential to make its newbie users money, with minimum expense and a lot of hard work.

Don’t be fooled by the misleading name of the product, “No Cost Income Stream.

The owners violated this “No Cost” promise by charging $37 for the product at the very onset and sneaking a number of upsells disguised as bonuses at the end of their pitch.

Considering the name of the product and the grandiose claims of helping people make money online without spending a dime and the sneaky upsells, they attempted to pack a lot of value into the training for their newbie audience to benefit from.

As with many of these type of make money online programs, the product has a lot of potential to make its newbie users money, but it will come at some expense and a lot of hard work.

My rating of No Cost Income Stream: 50/100

Is No Cost Income Stream a scam? My answer is NO!

Would I recommend this program: Yes, but barely – ONLY to people who weren’t sold on my #1 choice to learn how to make money online.

Below Are Additional Resources For Your Consideration:

The Advantages Of My #1 Choice: Wealthy Affiliate

Wealthy Affiliate Founders Carson Lim and Kyle Loudoun have consistently been in business online a long time.

Similarly, Wealthy Affiliate has been the #1 platform for over 13 years to teach people how to build a real affiliate marketing business.

When I first started online marketing, thanks to various SCAMS I fell for, I was left broke, frustrated, and angry.

I lost a lot of trust in ever making money online and was so frustrated with online marketing that for months I wouldn’t even look at an opportunity.

I literally stumbled upon Wealthy Affiliate and was skeptical because they didn’t ask for any money upfront.

Wealthy Affiliate will also allow you to create a FREE account that will allow you to test out the platform before you become a paying member.

You don’t need your debit or credit card to sign up for the free account.

I am extremely thankful for the Wealthy Affiliate FREE account and if you take advantage of it as well, you won’t regret it.

WA teaches you the correct way to build an affiliate marketing business.

After you create your website you learn how to create content and how to get your website ranked in the search engines.

There are thousands of everyday people making an absolute killing using Wealthy Affiliate and you could be one of them!

The decision is YOURS!

Talk Soon,

Howard

P.S.March 2020

Please keep in mind that I do not recommend No Cost Income Stream 2.0.

While there is nothing wrong in selling your platform to new owners, I would never recommend a platform that for some reason exchanges owners.

What was the reason why the original owners bailed out?

We’ll never know, but I won’t recommend anything that does not have a stable track record.

I just wont.

Talk Soon,

Howard


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