Welcome to my Cash Magnets Review!
This system claims you can set up ‘magnets’ to earn money online. You are probably wondering “If it is a scam” or can you really make money with it. I’m glad you’re here doing your due diligence as the Internet is rife with so many low-quality products or outright scams.
The creators of this product, Jono Armstrong and Brendan Mace are seasoned Internet Marketers and make most of their money through the sale of their products or by promoting products of other Internet Marketers.
You may have seen other reviews about this product where the reviewers are offering you huge bonuses; these reviewers are affiliates of the product and will earn a commission if they make a sale so their review will, of course, be biased.
I am in no way affiliated with this product so my uncut, unbiased review will reveal all you need to know about this system and whether it will meet your goal of earning money online.
So, let’s get started …
Cash Magnets Review
Name: Cash Magnets
Launch Date: March 2019
Who Is It For?: Anyone looking to make money online
Owners: Brendan Mace and Jono Armstrong
Overall GoWorkFromAnywhere Rating: 4/10
What Is Cash Magnets About?
This is a new system that is beginner friendly and doesn’t require any techy stuff or software and can earn you passive income 24/7. The owners claim that you can make passive income 24/7/365 days.
It takes 30 minutes to create your first cash magnet and see income.
This is a bold claim as any system (even if it works on automation) requires some work and effort. This isn’t being realistic to say that you will start to earn money after 30 minutes.
They say you will set up the system one time and make passive income forever. This is a half-truth. Once you set up a system, it is there for life however, you will need to keep working on it for it to give you a passive income forever.
A passive income is possible as an Internet Marketer but if you stop working on your business, that income will soon dry up; you need to be working consistently on your online business for it to stay current and up-to-date.
Anyways, shall we see how it all works? …
How Does Cash Magnets Work?
It is a step-by-step video-based training course that teaches you 5 different methods to earn money online passively. Within the members’ area, you will have access to 8 videos. 7 are the core training videos.
The first video is a welcome video.
The 5 Cash magnets you will learn about are:
Method 1: Creating a funnel – which is basically the stages a visitor will need to go through from their first interaction with your brand to the ultimate goal: conversion. Your goal here is to move people through your marketing channel, turning them from visitors into repeat customers. You will do this through a website and landing page with an opt-in magnet.
Method 2: Writing reviews (which is what I do and requires a lot of research and time)
Method 3: Blogging (you can blog about anything and promote related products and services)
Method 4: Using YouTube and
Method 5: Using Adsense
You will also have access to a module which will show you how to drive free traffic to your site.
This all sounds great but you will not be making money within 30 minutes of set up. All these methods require you to have traffic: to your blog, YouTube channel, review pages and your website.
Traffic doesn’t come easily if you are just starting out. Look at the image below to see how traffic to my website started out and how it has gradually grown steadily over the years. It was slow to start off which was expected as it takes a while for the search engines to index a site and to rank it, so telling you that you can make money within 30 minutes of setup is misleading.
Adsense is a free advertising network owned by Google. Not all websites are accepted on their first application. I’m not sure of the algorithm they use to accept your application as some people get accepted soon after setting up their website while others get rejected. You can apply more than once and they will eventually accept your application.
However, any ad network is only great if you have a lot of traffic to your site as you need people to click on the ads to earn any income. If you’re starting out, this will take some time.
Making money online takes hard work. Each of the cash magnets above requires some skill. However, doing one alone can easily make you a recurring passive income 24/7/365 days but it takes hard work, patience and commitment.
You will burn yourself out trying to master all of them. With the training, you will be scratching the surface as mastering one of them will take more than a few hours of step-by-step video training. It will take a long while (and possibly further training) for you to get to grips with each method.
Is Cash Magnets A Scam?
No. It isn’t a scam however, it isn’t beginner friendly as you need some skills in order to monetize the different cash magnets. For example, if you want to attract customers to your offer, you need to learn about keywords. Traffic doesn’t just arrive at your website or YouTube channel on a whim. People have issued a search phrase and if you have done your keyword research properly, your site will appear in the search engine results for visitors to click through.
Training like this is only good for those who already have an only presence and maybe want to dabble in one of the methods. I don’t do YouTube so this training may help in that area.
However, with so many online resources you can find out how to create a YouTube channel and how to upload videos without having to buy the Cash Magnets product.
The product owners show you an income report but this is misleading. The income generated isn’t from using the Cash Magnets system. They use the methods taught within the system and this income is generated not within months, but over a number of years.
You need to remember that Jono and Brendan are top Internet Marketers. They no doubt have good intentions to help you but as they’ve been so long in the game it seems like they’ve forgotten what it is like for a beginner to get started. So their training, even though they say it is newbie friendly leaves out a lot of ‘basic’ and often critical information which they skim over.
I purchased another one of Jono’s product, which again was supposed to be newbie friendly. Now, I’ve been online for a few years and I expected this product to be so basic but there were sections that could overwhelm a beginner. Not only that, because much of the training is ‘over the shoulder’ things can go wrong and some things did.
Jono said in that training video, when something didn’t work quite the way it should have worked, “to ignore it and that it shouldn’t happen as it was probably due to the computer he was using”.
Now, this doesn’t give you much faith.
You will be left out in the cold if something doesn’t work the way it should do. The truth of the matter is that this is often true when you work with systems that are ‘tailored’ – there is no room for error. Learning how Internet Marketing work is better than being told to press this button or add a bit of text.
Knowing why you need to do something is key so that if it doesn’t work, you will know why. You won’t be taught this in the training. Most Internet Marketers are there to make a quick buck as every product they release is always ‘something you have never seen before’ or it’s a ‘fast and easy method’ and systems and products like these do not exist.
The ‘something you have never seen before’ is used quite often and what the product ends up being is a slight twist on how you make money so say example, I make an income online as an Affiliate Marketing by promoting products on my website. Affiliate Marketers can promote products using any medium. So, this ‘something you have never seen before’ might just be affiliate marketing using YouTube rather than a website.
There are no fast and easy methods to make money online. It takes hard work!
This system is no different to Jono’s or Brendan’s other products that claim you can make money easily. Just check out a few of them below:
The Lost Code and
- 30-day money back guarantee
- Methods are legitimate
- It’s possible to earn a passive income with any of these methods but it’ll take time(and hard work)
- Training lacks depth. You will need to do more research into the methods
- It’s best to learn one method thoroughly. You can become easily overwhelmed with too many choices
- Not beginner friendly
- Income Reports aren’t based on using this system. It is misleading
- Earnings aren’t guaranteed
- It will take some time for you to earn income
I hope my Cash Magnets Review has given you enough information to make an informed decision on whether to make a purchase or not. However, if you are a newbie to Internet Marketing, this product will only leave you feeling overwhelmed.
It is always best to master one method to make money online otherwise, you will be spreading yourself too thin. Learning 5 methods don’t mean you will earn more money. It means you will probably have to wait longer to see any results as results do not come easy with ANY method. It takes hard work and some skills.
My preferred method is Affiliate Marketing as it is beginner friendly and the start-up costs are low. It takes a lot of hard work, patience and persistence to make money with this method (and any method). However, when you learn the ins and outs of Affiliate Marketing from setting up your website to choosing products to promote, using step-by-step in-depth training you will be successful.
Check out this post by a beginner to Affiliate Marketing who didn’t have a clue about building websites. She now has a great looking site, promoting products after a few days of training (and hard work!)
You too can begin training today to learn the ropes. Systems like Cash Magnets will not teach you what it takes to become an Independent Internet Marketer. You will always be at their mercy buying product after product (wasting money) when all you need to do is learn the skills of the trade. If you want to become successful and put an end to buying system after system and product after product, click the link below where you can learn more about Affiliate Marketing and how you can get started.
Whatever decision you make, I wish you nothing but success with your online journey.
Thank you for taking the time out to read my Cash Magnets Review. If you have any questions or comments, please feel free to leave them below and I will get back to you.
Until next time, take care!