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Online Assets Review (Updated 2024): Should You Trust Jay Jones And His Cash Flowing Ecom Stores?

By: JosiahDec 16, 2023Ecommerce
Online Assets Review (Updated [year]): Should You Trust Jay Jones And His Cash Flowing Ecom Stores?

Introduction To Online Assets Review

Hello and welcome to my Online Assets review!

Chances are, you've been navigating the vast realms of Google in pursuit of insights on selling items online, eventually stumbling upon my site through various avenues:

  • Perhaps you were on the hunt for new clothes and came across an Amazon private label store. You admired the amount of sales they're getting and wondering if you can do the same.
  • Maybe you've been immersing yourself in numerous eCommerce business reviews. And lo and behold, my review surfaced, courtesy of Google's watchful algorithms.
  • Or a friend shared Jay Jones' intriguing story with you, sparking your interest.

No matter how you landed here, take a moment to breathe. Rest assured, this will your ones-top shop for everything about Online Assets.

In the next few minutes, I'll dive into Jay Jones' offerings and address some burning questions along the way. By the end, you'll gain clarity on:

  • What Online Assets is and how you can make money with it.
  • Whether Jay Jones' Online Assets warrants your time and investment.
  • What to expect when unpacking Online Assets.
  • Uncovering any potential Online Assets scams.
  • How much does Online Assets cost?
  • Most importantly, exploring alternatives for earning money online!

Having penned numerous articles on eCommerce over the past couple of years and reaping rewards from my own online stores, I bring insights derived from personal experience.

So, rather than going on days or weeks of sifting through endless online reviews, relax in your favorite chair and use this one. It will save you time and effort!

Now, let's dive into Online Assets, starting with the pros and cons.

DISCLAIMER:

This Online Assets review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • The platform provides established Amazon and Shopify businesses, so you don't have to start from scratch.
  • They only sell stores that are at least 12 months old, which means you get a store with already a proven process in place.
  • Online Assets offers a buyback guarantee within a 24-month period. This means they will repurchase your store if it fails to generate the initial acquisition price.
CONS
  • The entry cost for acquiring a business through Online Assets starts at $50,000, which means you need a high initial investment.
  • You will cover operating expenses, including product costs, paid ads, and software/tools, in addition to the initial investment. This means there will be high ongoing expenses.
  • There's a limited information, reviews, and feedback about the company and their offerings. So it's hard to verify actual results and successes.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

TLDR: What's The Verdict On Jay Jones' Online Assets

Is Online Assets Scam

By the end of 2025, eCommerce sales are expected to reach $7.4 trillion. Online Assets, and the many other eCommerce companies out there, know this potential. That’s why they are banking on this business model.

It’s true. In fact, 58.4% of internet users buy something online every week. If there were 5.3 billion internet users worldwide, that means more than half of them use an eCommerce platform to buy a product.

Does that mean you can go ahead and give your $50,000 to Online Assets? Well, hold your wallet first.

Buying an existing eCommerce store won't exempt you from the daily operating problems other sellers face. And since nothing prepared you for this (you got your store already up and running, no sweat), you might find yourself overwhelmed.

Keep in mind that despite thorough research before purchasing a shop, there's always a risk of uncovering hidden issues. For instance, the shop's inventory management system may not operate as expected. Or the customer service system might lack efficiency. Once the store is bought, any associated issues become yours too.

But what if...

What if you can create a new income source, independent of Amazon or Shopify, and see profits within your first few days? Picture a system free from inventory hassles, poor margins, customer complaints, or the need for constant monitoring. What if it consistently generated $2,000 - $10,000 month after month?

If this piques your interest, explore the realm of Digital Leasing. But if you want to get an inside look at Online Assets, continue reading.

Who Benefits From Online Assets And Who Should Stay Away From Jay Jones?

Jay Jones Online Assets Cost

Online Assets' ready-made stores may be for you if:

  • You have thousands and thousands of extra money lying around and it's okay for you to risk it for an online store.

On the other hand, Online Assets may not be your best bet if:

  • You're not a fan of surprises. This Reddit user explained why buying an established eCommerce business is a bad idea. They said you'd discover the lack of accounting, SOPs and inventory management only after the purchase.
  • You don't have at least $20,000 in open business credit. You need it to pay for the product, ads, software, and tools. This is on top of your initial investment.
  • You want to see some real stats and testimonials. You won't see anything from their website and if you see a screenshot from Jay's presentations, the numbers are all grayed out.

1,000 FT View Of This Online Business Opportunity: Is Online Assets Scam Or Not?

TitleDescription
Program NameOnline Assets
OwnerJay Jones
Pricestarts at $50,000
Refund Policy24-month buy-back guarantee
WebsiteSource

Business Model

Online Assets operates a "fix and flip" business model. But instead of doing it for houses, they do it for digital stores.

They buy existing e-commerce businesses, make them better, and increase their profits. Investors fund this process and, in return, get cash flow and ownership in the business.

The aim is to sell the improved businesses at a higher price, providing a return on investment.

This strategy uses smart management to turn existing digital brands into successful ventures, offering a unique investment opportunity in the e-commerce world.

About The Owner - Jay Jones

Jay Jones

Jay Jones is a prominent figure in eCommerce and luxury travel. He has swiftly ascended from a college dropout to the builder of multiple 7-figure brands while globetrotting.

He began backpacking across Europe and Thailand using tuition money. Then Jay and his girlfriend ventured into eCommerce by cash advancing $5k worth of clothes.

From living in their car and tents, they persevered. They sold clothes at music festivals until hitting their first $100k. Their nomadic spirit led them to Bali. There, they launched a dropshipping business and sold a 7-figure store. They also started an Instagram marketing agency.

Jay is known for leveraging social media to stay in hotels for free in 40+ countries. He has now settled on Shopify, founded an automated company, and exited several 7-figure brands. Currently, he is scaling an automation company to create passive income for others. He also offers established, non-automated eCom stores through Online Assets.

Social PagesLink# of Followers
YouTubeSource1.11k subscribers
InstagramSource95.8k followers
FacebookSource--
Bio SiteSource--

How Much Does Online Assets Cost?

The cost of acquiring eCom stores from Online Assets starts at $50,000. The stores available for purchase exhibit varying levels of profitability. There are some reportedly making up to $10,000 per month.

Is Online Assets A Scam?

Is Online Assets Scam

Let's address the key question: Is the "Online Assets scam" accusation valid?

Technically, it's not a scam; they won't disappear with your money.

However, the profit potential of their pre-made e-commerce stores isn't as risk-free as they claim.

Here's the deal: You purchase a $50k store, and you don't make your money back within two years, Online Assets will buy it back from you for the difference not generated. It seems like a win-win for them since this still sticks with their "buy low, sell high" mantra.

Personally, I prefer investing that time in building Digital Rental Properties. With each generating $500-$2,000 monthly with recurring income.

The cool part? You can start with a few hundred dollars and do it from anywhere globally with just an internet connection. This creates a true "laptop-lifestyle" business.

Friends have even run their six-figure Digital Leasing businesses from camping trips or beachfronts.

If the idea of living and making money at your dream vacation spot intrigues you, Digital Leasing might be your thing!

What's My Personal Opinion On Online Assets?

Online Assets Review

If you've been keeping up with ScamRisk, you know I've dived into various money-making programs. This includes Online Assets.

With many reviews out there, figuring out the credibility of such opportunities can be tricky.

So, how do you assess something like Online Assets? Here's my approach:

  1. Owner's Real-World Experience: I check Jay's actual experience in running an eCommerce business to ensure credibility.
  2. Community Support: A private Facebook group or online community is crucial for support when facing challenges.
  3. Program Value: I evaluate the program's value relative to its cost, ensuring a substantial return on investment.
  4. Creator's Transparency: Examining Jay's transparency about costs, upsells, refunds, and the overall deal ensures clarity.
  5. Public Feedback: Checking feedback from reliable sources like Trustpilot, Reddit, or the BBB provides insights into the program's real-world impact.

What's My Recommendation On Jay Jones' Online Assets?

Applying these criteria to Online Assets, let's see how it measures up.

Jay Jones has some successful eCom stores so the experience of the owner is positive.

You'll have a ready-made system in place so you'll save time doing trial and error.

Now, here are my top three reasons for not recommending it:

  1. High Initial Investment: Acquiring a business through Online Assets starts at $50,000, which may be a barrier for those with limited capital.
  2. Ongoing Expenses: Buyers are responsible for covering operating expenses, including product costs, paid ads, and software/tools, in addition to the initial investment.
  3. Lack of Public Feedback: The absence of public reviews on platforms like Trustpilot or BBB makes it challenging to assess others' experiences.

What's Inside Online Assets?

Inside Online Assets

Online Assets doesn't provide a coaching program, just this automated opportunity. They won't teach you how to start a dropshipping business or Amazon FBA.

If you're looking for mentorship and training, you can check out other programs like the eCom Good Life reviews, eCom Degree Univerty reviews, Rachel Rofe reviews, and Skup reviews.

Conclusion - Should You Buy Jay Jones' Cash Flowing Ecom Store?

No, I wouldn't recommend buying an already established store from Online Assets.

Online Assets seems promising, but some aspects are unclear. You can't visit showcased stores directly, and data on how these stores perform is limited.

The company claims features in Forbes, NBC, FOX, and others, but when you search, you can't find any. A single testimonial from Igor talks about a six-figure payout in two years but lacks present gain details.

So I'd rather go for a proven and tested business model like Digital Leasing.

What Is My Top Recommendation For Making Money Online In 2024?

Digital Leasing

After exploring various business models, I recommend Digital Leasing for beginners entering the online business world.

  1. Flexibility: When buying an established store, you also buy the issues that come with it. You have to deal with production, inventory, shipping, returns, and customer complaints. This is the reality every online seller faces. That's why I choose Digital Leasing over this. Whether you have just an hour to spare or want to go full-time, Digital Leasing is tailored for "passive income" – more gains with less effort.
  2. Ownership and Control: In any eCommerce store, while you can control aspects like branding and marketing, you don't have ownership and full control over the platform itself. Amazon and Shopify still have the final say. Digital Leasing grants you outright ownership of assets, ensuring control and impressive profit margins ranging from 90-95%.
  3. Low Startup Costs: Unlike Online Assets that you need to have a minimum of $50,000 to get started, you can start with minimal upfront expenses with Digital Leasing. You might even start earning before spending a dime, and your initial property can go live for less than $100.
  4. Minimal Ongoing Expenses: Jay Jones said you also need to have $20,000 in open business credit for operating expenses. Digital Leasing keeps it straightforward with minimal maintenance and expenses.
  5. Easy to Duplicate: Once your first digital property is up and running, doubling your income becomes a breeze – just a few clicks, keystrokes, and maybe a call away.
  6. Helping Real People: Digital Leasing extends beyond numbers, allowing you to support local businesses and make money while genuinely impacting people's lives.

The choice is yours. Keep exploring, keep researching, or join a community of over 2,000 successful students living life on their terms with Digital Leasing.

Experience a steady, semi-passive income stream that doesn't demand constant attention.

Your success goes beyond numbers – it's about assisting real people who appreciate and happily pay for your services.

If consistent income, flexibility, and helping others align with your goals, click here to learn more about Digital Leasing.

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