Hi and welcome to our conclusive review of a HOT new rev share.
My 24 Hour Income just released a few weeks ago, but is already attracting over 29 thousand new members!
In this review, we will analyze the ins and outs of My 24 Hour Income and give you the tools to get started on the perfect path.
We LOVE rev shares, the solid ones that is.
It’s up to you to make the right decision when it comes to picking the perfect rev share. There are a lot of shady rev shares out there, and it’s of utmost importance that you don’t fall into one.
Before we go any further, remember the golden review of online financial opportunities.
Never risk more than you can afford to lose!
What is a Rev Share?
Rev shares are online businesses that offer you the chance to advertise your own business online by purchasing ad packs. The main appeal of buying ad packs within a rev share is the ability to earn a percentage on each ad pack you buy.
When done right, rev shares have the ability to earn you several hundred dollars a week or much more.
The trick to making money with a rev share is understanding how it works and having an air tight strategy.
No rev share is 100% safe. There is always a huge risk when deciding to join one because you are placing your trust in the owner as well as the future success of the company.
If a rev share can’t sell enough ad packs, the revenue dries up and you will stop earning. When you buy an ad pack, you do so with the understanding that you may or may not earn anything at all.
Saying that, rev shares are also great opportunity to make a side income!
Is My 24 Hour Income a Scam?
As of the publish date of this article, the conclusive answer to this question is NO.
However, as we always point out, a rev share doesn’t need to be a scam in order to fail.
Rev shares can fail in one of two ways.
1. The owner walks away with the money and scams the clients.
2. Clients stop buying ad packs for whatever reason, and the rev share revenue dries up.
Nobody can read the mind of the owner of a rev share, so until said owner decides to hop tail and run, we will never say a rev share is a scam.
Number 2 is the end result of most rev shares do to poor business management and a highly competitive field. New rev shares are literally opening every day, which means the rev share industry is currently being flooded with new options for advertisers.
Is My 24 Hour Income a Ponzi (Pyramid Scheme)?
Yes and No.
The answer to this question is complicated. The nature of rev shares is that you will only earn money if the customers after you buy new ad packs. You earn money based on the sale of future ad packs.
In this way, you are earning money based on a pyramid-style business.
Such business plans have gotten a terrible rap, for good reason. Typically only the first investors are able to make any money and later users lose their money.
The difference between a rev share and a Ponzi scheme is that in a rev share you are purchasing a product (ad space). Should you chose to use it or not, the fact remains that you are a consumer who has paid for a tangible product.
In a Ponzi scheme, you are simply making an investment without buying anything at all.
How Can I Earn Money with My 24 Hour Income?
My 24 Hour Income offers 4 different ad pack levels. You simply buy as many ad packs as you can afford and start clicking your daily ads.
Each day you much click 8 ads. As long as you do this daily, you will earn a certain percentage on each ad pack you have bought.
Below you will see the different plans available as well as the percentage of money each ad pack earns.
As we mentioned above, it is possible to make a good side income with rev shares, but ONLY if you have the right strategy.
The following strategy works with all rev shares, and is the same one we have used successfully with our favorite rev share, My Paying Ads to make several thousand dollars a month!
1. Buy as many ad packs as you can safely afford. We typically recommend starting with around $250-$300 but you can go lower or higher if you need to.
2. Click your daily ads on time each day. If you fail to click your ads, your earnings will stop for that day.
3. For the first few months (depending on how much you started with) use 100% of your earnings to buy new ad packs.
**The goal with rev shares is to continue growing your account to as large as you can make it. The more ad packs you have, the more you will earn.
4. Slowly began withdrawing little amounts until you have taken out your initial expense.
This means that if you started with $250, withdraw $20-30 weekly until you have taken out the complete $250. After you have completed this step, anything that comes after is pure profit.
If you follow these steps, you can safely make money with any rev share, including My 24 Hour Income.
However, always keep in mind that the earnings are NOT guaranteed, and are completely dependent upon new customers buying ad packs.
Is My Money Safe with My 24 Hour Income?
Once you purchase ad packs the money you use to buy them is gone forever. This is because you have purchased a product (ad space) and even if you don’t use that ad space, you can’t get your money back.
You can’t withdraw your original money, but you can withdraw any of the earnings you make on your ad packs.
We advise that you choose a rev share with a long standing history, such as My Paying Ads.
Conclusion and Verdict
My 24 Hour Income is a legitimate opportunity to make extra cash. Make sure you understand that your earnings are not guaranteed and your success depends on not only a solid strategy, but also the future success of the business.
We recommend checking out the best rev share, My Paying Ads.
For a binary options auto trader that is making great earnings, check out SnapCash Binary Review!