Unlike many reviews, my Foolproof Cash Flow Review delves into what’s right and wrong with William Oviedo Jr’s Course. No bait & Switch!
by Daniel Euergetes,
[April 19, 2014]
| Rating: |   (80 / 100) |
Foolproof Cash Flow, Product Overview
Is It a Scam?
The first thing I experienced with this product is the advertising itself, which does have a bit of hype in it, but I in my assessment, this product is not a scam.
William Oviedo does not pump out product launch after product launch which often comes with excessive hype. Most of my reviews are on programs that are being put out one after the other, none of them having but very little value of at all. Oviedo’s has done a wonderful job putting this together and the training being of high quality makes for an awesome learning experience and has the potential of helping you make.
In my estimation, this product does have some problems, but overall, it’s worth what the asking price. I’m not too happy with the up-sells and that there are a few dated concepts taught and encouraged in the Courses. I feel it would have made a better product if all these were combined into the one product and perhaps sold for $197. I take sides with companies that put out their products in whole without up-sells, perhaps at the expense of leaving some money on the table, but in the long run, make for better purchasing experience for customers.
What’s In This Product?
This review will cover the Basic Course, (a.k.a. the Lifetime Membership.) The SEO Upgrade Course will be covered in its own Review.
This is a very well-articulated video-based course which teaches a particular process those new at Internet Marketing can put together with potential to earn good money. Mr. Will Oviedo stresses that extreme care should be taken by those who purchase the course to pay very special attention to instructions and follow them to the tee.
The course entails going to Flippa.com (a website auction marketplace) to find those sites that have sold at very high pricepoints from agressive bidding, and singling out those sites to reverse-engineer. The objective is to then, take the data and create similar sites which would then, be potential money makers when these too, are submitted to Flippa.com for auction.
The Courses cover a number of SEO tactics, some current and some out-dated, to produce high ranking in the search engines. Once this is done, this is the time to get it on the market. The Course comes with an execution section that allows you to mark off what you’ve completed.
What I Liked About This Product:
- No deceptive marketing and advertising! You’ll be refunded no problem if you request one.
- I found the video modules to be profoundly thorough and articulate.
- The sales videos are quite poorly done, but those in the Course are top-notch quality.
- I learned some stuff through this Course. There’s something for everyone!
- The support response time was fantastic! Both times, under 20 minutes.
- Shows every intent in putting out a quality product.
- Dissuades lazy folks who fit certain criteria from purchasing.
- Shows every intent to treat the customer right.
- I strongly believe the Author put his heart into this product, to be valuable to users.
What I Didn’t Like About This Product:
- Some out-dated SEO tactics, such as keyword density and aggressive backlinking.
- Teaches using content spinning software and using poorer-quality article outsourcing.
- Long-term performance of sites with these tactics taught may cause rank issues later.
- What I paid for the Course is one thing, but the doubling of the price – little too high.
- Success rate too atypical. As straight way as it is, some might have difficulties with it.
- More Information Supplement: What’s Wrong with This Product right here on this Site.
Who Is It For?
This product is intended for folks who have little to no knowledge of how Internet marketing or SEO works. Some folks with intermediate knowledge of the technical stuff could also benefit from this Course. This is for folks who want to get the sites up and out the door quickly.
Shown on the right is the Main Menu for the Basic Course. In it you will get a good idea what’s covered.
Tools & Training
All of the tools featured in the Resources area of this Course entail free and low-cost online applications, such as SEO tracking and analytics tools. The Author has quite a line-up of these throughout the Course and in the Resource Area [a.k.a. Rolodex.]
The training is an extensive video discourse across several modules – a total of about nine hours of viewing. The Author recommends going through these at least three times. There is also accompanying text on the pages for each video.
Support
Support comes through a Help Desk, a ticket-based response system. You will get one-on-one support from the Owner as I have experienced this myself.
There are no other support systems – no forums, community, or member-to-member communications at all.
Can You Make Money With This?
Upon investigating this product, I say, yes. There are two possible ways to make money, both through building out campaigns using this Course and through William Oviedo’s affiliate program where you can promote this product.
If you can follow instructions, you will eventually turn out some websites you can sell on Flippa or use yourself if you have the SEO Google-compliant. As is demonstrated, some campaigns can result in exorbitant kickbacks.
The affiliate program for this product is processed by ClickBank – a marketplace where promoters and vendors meet up. ClickBank is fairly strict on how promotions are done. The program is legitimate and there’s nothing besides up-sells I find a little short about it.
My Final Opinion
For those who can get their campaigns to work after having gone through this Course, the increased pricing for the basic Course would be worth it. For many people, this will probably be atypical. The work putting this product together appears to have had its roots back over two years ago, as all the dates in the videos, that I could see, are from January 2012 – at a time before Google’s Panda and Penguin updates occurred later that year.
Be careful with the training as it could lead to serious SEO problems on any site you build using this protocol.
I’m not very comfortable with building sites from pre-Google Updates strategies per the Course materials. Search engine ranking may occur by means of spiking (we know as the Google Dance) and then drop off, either before the site creator (who purchased the Course) is able to get the site up onto Flippa.com or the folks who purchase the sites from the sellers on Flippa suddenly finds him/herself with some serious SEO problems as Google catches up with what is now considered black hat marketing.
VERDICT:
Integrity in heart and truly a well worked-out product. Service is fast and prompt and customer service in mind. There’s no scam here.
My #1 Top Choice
Hi Daniel,
I like the review, awesome presentation, good information and a great blog. Thanks for sharing this info.
Kelly 🙂
Hey Kelly, I really appreciate that. I’m going to go through it again and make sure everything is the way it should be. I do want to clarify that even thought there are a few issues with Foolproof Cash Flow, I will reiterate that, more than anyone else, he sounds much like Kyle, both in voice and inflection. the issues aside, he also has the same potential as Kyle. I might have been a little harsh with this review, and even though there are issues, I think I want to tone it down some.
Hi Daniel, really thorough review you have put out here! It looks as if this is a system I could consider, would you say that that is a fair assessment. I think that you make a fair assessment of the product and its good and bad points which will allow people to make up their own minds about whether to make use of this system in their online business.
All the Best
David
For the most part, I approve this course as William Oviedo does such an excellent job on the video training. He packs a lot of information in each topic and is thorough. The important thing is education. Some of what’s in this course does need to be updated, but the object of the course is on following what’s been done and what works. Not sure this is always a healthy approach as I’ve attempted to point out in my reviews. The good found here outweighs what’s not so good.
Great review Daniel. Very detailed and clear. It’s good to read about a product that is legit, even if it could be better. There certainly seems to be a lot of scam products out there!
I was getting concerned that I would not find anymore positive reviews for this site. It’s been one bad product after another and so yeah, very glad I found this one to review. Thanks for the comment!
Sorry about your link. I had to disable it for everyone. I was getting way too much comment spam and it takes too much time to go through it to make sure legit comments don’t get included, so if you see website link is not live, neither are mine.
Yeah this is a good course overall. I don’t agree with some of the things he recommends and I see that we share the same views on this.
With all the crap that’s coming out every week, it’s refreshing to see something that works despite the flaws. I might have to do a case study of this myself.
This is why I rated it a “B” grade, because somewhere down the line, either it be those who build websites using some of the teaching, it might hurt the person who builds a site to work it him/herself (rather than sell it) and it tanks out on them all the sudden when Google catches up with it. Then, you know the rest of the story – it’s someone who has little to no knowledge of websites, purchases one of these thru Flippa, don’t know what they’re getting. Then their expensive site just went off the Google map.
Hi Daniel,
Your review of this product is very articulate and just by reading it through I am definitely inclined to trust in the opinion you present.
Thank you, great to have honest reviewers out there weeding through the many scams.
Blessings Be,
Rich Far
I wish I could write faster! Several really bad products come out every day. I have to expedite this some how. I have every bit to be thankful for Wealthy Affiliate. If only people could see past the mask of many of the things they are falling for. Sad people are flocking to these scams, and it happens every time! One thing I really expound upon is the advertising because, in spite of most people’s objection about making so much ado about advertising and commercials, these are where the most dangerous potential lies. It’s the very thing that catches people unawares.
Thanks greatly for coming over here and commenting! I appreciate the support!
We are both very fortunate we’ve found WA! The way conventional advertising on the Internet is done and what we’ve learned from WA is beyond belief!
Great review! Its good to know there are some legitimate products out there among the copious scams. Thanks for getting this review out there.
It’s good for review sites too! It’s nice to have positive reviews but there’s definitely far more scammy ones out there than the good ones.
Thanks for commenting!
Daniel
Techniques are being taught here that are dated and will actually lead to “lower” rankings in Google. Backlinking, content spinning, curating content…all techniques that may have been good 3-4 years ago, but will lead to you being in the dog house with Google these days.
Not only that, you are paying to learn dated techniques. Although some substance here, it by no means in going to lead you to rankings/traffic, quite the contrary.
Hey Kyle, I appreciate you coming on here. Your expert assessment carries a lot of weight. I perhaps over-rated this program because of the exceptional production quality. The one thing that bothers me about this all along is that, who’s going to be the one holding the bag when Google does catch up to a campaign, whether the one who creates it, or the one who purchases one of these off Flippa?
[Kyle is one of the co-founders/owners of where I’ve been a long-term member and is my #1 recommendation.]