Parallel Profits Review 2024: Is It A Scam or Legit?
First off, I’d like to commend you on doing your research and seeking out a Parallel Profits review.
If you are new here, hello! And if you’ve been a long-time reader, we appreciate you keep coming back!
If you own a local business – or want to start one – generating profits would always be one of the main things in your list.
And if you are here on this page, chances are you are looking for ways how to do it. Well, you are at the right place!
In this review, I will cover how the Parallel Profits program and its course topics help your marketing efforts yield results.
We’re going to review multiple aspects of PP to decide if it really is the best affiliate marketing course out there.
We’ll talk about whether affiliate marketing is the right online business for you.
At the end, I’ll answer some of the most frequently asked questions regarding PP and affiliate marketing in general.
And most important, I’ll show you the exact system I used to build my own internet marketing business to over $50,000 a month in mostly passive income.
This system made me swear off affiliate marketing for good, because it uses some of the same skills in a much more powerful and profitable way!
This Parallel Profits review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.
Why Listen To UsMy name is Josiah, and this is my Dad, Joel.
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.
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:
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:
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!
What Is Parallel Profits?
Parallel Profits, also known as the 100k Factory, is a comprehensive training and proven business model that has unlimited demand, little competition and high margins that aims to help a local business build a steady income.
It's a coaching training course to help businesses generate income through effective digital marketing strategies
Aidan Booth and Steve Clayton launched nine years ago and introduced an online coaching program called “SEM Business Blueprint."
Founded on local business marketing approach, the training course provided excellent results for their students, some of whom are now enjoying a 7 figure income!
With this business model, it would just require 7 client sales to hit the $100k (+year profit) mark.
The way they are structured and designed, the barriers to entry are really low and there is no need to be a real professional. This kind of business would typically require a lot of experience to do the job.
Aidan Booth and his business partner, Steve Clayton, are widely popular and highly successful online business gurus who are passionate about local businesses.
So, chances are this business training system is something you can trust and invest on.
Parallel Profits Overview & How It's Digital Marketing Strategy Impacts Businesses
Creators: Aidan Booth & Steve Clayton
Skill Level: Beginner to Advanced (this is for just about everyone)
Official Site: ParallelProfits.com
Facebook Site: www.facebook.com/ParallelProfitsReview/
Typically, a proven business model involves selling straightforward advertising services to local businesses.
But Parallel Profits has it uniquely different at the following fronts:
- If you are already enrolled in the training course, you will be invited to work with the creators, Aidan & Steve, in a franchise-type setting and get direct mentorship on how to build a 7 figure income.
This means you don't have to worry about all the hassles associated with creating a brand. You won't even need to learn how to copywrite or create marketing material. Everything will be set up for you, so you can start making sales right away.
Aidan and Steve have been training people how to start online businesses for many years with several extremely successful internet marketing products. But this is the first time they've given anybody the chance to collaborate directly with them.
2) When sourcing local business clients, you won't need to perform the services you offer, or even look for subcontractors to do them, as there will be a team to do all the work for you, eliminating the need for maintenance including experience or expertise.
3) Thanks to the unique “client capture system” and all the other benefits of working with them, clients of Parallel Profits never need to have any face-to-face interactions with customers (unless they want to).
All credit goes to the product's built-in leading generation systems and automation processes!
These three outrageous twists mentioned above remove almost all of the common barriers most people face when starting a local marketing company - therefore, creating a business model that is highly scalable and dramatically increasing your chances of success.
Apart from that, Parallel Profits also provide full training for this entire business model. So if you want to work alone, you really can!
This program is simply about how you can make money through providing digital marketing services to local business owners and entrepreneurs.
Students in the program will receive training materials in helping local businesses by providing services such as search engine optimization (SEO), digital marketing, and social media marketing (SMM).
It's as close as you can get to completing your Business-in-a-Box system.
Even startups shouldn't have a problem building and generating solid income with this online business model.
Parallel Profits Benefits To A Local Business
- Parallel Profits' profit margins are amazing!
- There is always huge demand because quite literally, any business there is would need it.
- You will not be overwhelmed, especially if you're a newbie, because you have a small group of customers.
- You get residual and quick results.
- With this business model, you have low competition.
- Selling your company is quite easy for huge potential cash flow.
- You can outsource services easily.
- Most of all, this is something you can brag about to your family and friends because it is a "real" business.
Who are Aidan Booth and Steve Clayton?
Aidan Booth and Steve Clayton have been involved in both local and e-commerce business consulting for many years.
They do business from Cape Coral, Florida. This organization earns about $300,000 per year in sales with 80% profits of approximately $240,000 per year by helping and improving local business development.
Aidan and Steve are the creators and originators of some of the most successful online business programs in the world of internet marketing services in the past few years such as the 7 Figure Cycle, 100K Factory Series, Online Marketing Classroom and more.
In case you haven't come across them, they are some of the most successful and legit internet marketers in history.
Their digital marketing products products directly brought hundreds of thousands of dollars in online income and indirectly caused millions of dollars more!
They are basically famous for training and educating people how to earn money and make sure you build your 7 figure income on your own!
They have helped thousands of people worldwide build their own online business empires through their legit money making training courses and digital marketing programs.
And it looks like the Parallel Profits program is yet again another great opportunity that's committed to helping local businesses thrive.
Information Included in the Modules
There are jus too many, so I won't go into its detail.
Here is quick rundown of the topics included in the module to give you an idea of what to expect from the program:
- Introduction & Planning
- Business Overview
- Setting Up Your Business
- Services & Pricing
- Lead Generation
- Closing Customers
- Delivering Services
- Business Operations
- Billing & Receivables
- Client Reporting
- Scaling & Long Term Growth
- Plus More
You can see here that Parallel Profits pretty much covers everything you need to start and build a real business.
If you want to start your own local business, the digital marketing strategy that they offer can give you your much needed boost.
Some of the people all across the globe who enrolled in the course got the results they wanted and are now enjoying a steady source of income.
Their program is designed and developed to cater to help and make sure that a local business generate huge profits.
How Is Parallel Profits Different?
This program has helped many novice beta testers earn a significant amount of revenue online.
I am confident that this business plan will continue for a while. It is the best course that can help people build a successful digital home based small business.
Seven customers are needed to get 100k / year profit from the Parallel Profit business blueprint. This is also possible without meeting or reaching the customer directly.
I'm really excited about what the program can do. You can achieve a lot with this parallel profit blueprint.
According to Steve and Aidan, this coaching program and system is pretty unique compared other course or training program on the market today and it's something few people have ever done before. It's a life changing opportunity for students of this course.
Those who have decided to purchase Parallel Profit training can work together, and they don't have to procrastinate in developing brand names, or domains, and hosting items.
With an immediate effect, students can start earning faster than ever.
What Parallel Profits Offers As A Business Model (Selling Simple Services To Local Businesses) In Comparison To Others
So, how does the profit model compare with other popular online business products?
Before I get into that, I want to point out that the key factors I use to increase business opportunities are the following:
- Realistic Profit Potential – I am thinking of this both in the short term and in the future, while eliminating most false hopes and unrealistic goals. I only see this as something real and feasible, so is the potential gain real?
- Time Commitment – Is there a lot of personal time required to run the company or not? Will it take years or months to get significant results?
- Startup Cost – Do you need to make a large investment upfront?
- Predictability – Are you able to predict results?
- Business Sale Probability – Can you sell this company for a lot of money in the future?
Your criteria may vary slightly, but I think we can all agree that the above factors are important in assessing business opportunities.
Realistic Profit Potential
With the Parallel Profits system, each customer pays a substantial amount and often has a profit margin of 75% or more. Since the business is built on a scalable system, the prospects for the future are incredible.
The time you commit is as short as it can be because most, if not all, services are performed by someone else.
Speed of Results
The speed of results is unmatched here. There are very few other businesses where you can make a net profit of at least $ 1,000 in just a few days of your startup.
That is really possible here because customers pay you right on and it potentially costs thousands of dollars a month.
There really is not much you need to get started, so it has the lowest cost among businesses.
Nothing is 100% sure in business or in life, but the "Parallel Profits" model is definitely one of the "surest" programs you can find out there.
Business Sale Probability
This is the type of business that other people want to buy, making it very likely to sell.
It's a no brainer, really. You don't have to be a genius to see the profit potential here and why using it to start a business is such an incredible idea.
3 Kinds Of "Freedom" You Gain With Parallel Profits
You can be financially free from just a few sales, there is no limit to your income and it can be done faster than any job or other occupation.
Imagine having real financial freedom and not worrying about making money anymore. Parallel Profits makes generating a full time income possible for experienced business owners and newbies.
With Parallel Profits, the 4-hour work-week is possible!
If you really want to, you can make a real lifestyle income without hardly ever working. That can be done with this type of business after you have laid down the initial groundwork.
It is quite possible for this type of business to basically run itself, which means you can have all the time you want to pursue the things you have always dreamed of doing.
You can have more quality time with your family and friends, pursuing your hobbies, traveling, golfing, or something else. This training program is designed to help business owners free some of their precious time so they can invest it somewhere else.
The thing is, you can have time and money to do what makes you happy.
This is the reason why people are going gaga over this product.
One of the best parts of this is that you can choose where to live or stay anywhere anytime.
If you have a successful online business that runs itself, you can live or travel wherever you want.. You do not need to limit yourself to short breaks or "holiday time" because you can really work anywhere - quite literally.
If part of your life's goals is to have this kind of freedom, then this product is a must-try for you!
But if you're gonna put in the amount of grueling work to become an Affiliate Marketer (which, trust me, isn't easy), you might as well bring in some REAL money.
The program that helped skyrocket my online business to $50,000+ per month teaches some of the affiliate marketing skills, but shows you how to monetize them in a much, MUCH more profitable way.
Does It Have a Money Back Guarantee?
Yes, it does - a 60 day money back guarantee!
If for some reason you are not satisfied, you can simply refund through their money back guarantee.
Myths You May Have Heard About The Parallel Profits Business Model
Myth 1 – You need to engage in a lot of selling with the Parallel Profits training course.
You will obviously need to sell initially as what any business should.
But the good thing with this course is it teaches you how to make your services highly in demand and sell themselves as a result.
Plus, you only need a small number of customers to make great money, so you don't have to keep selling - unless you want to go crazy with profits. It's all up to you.
Myth 2 – You need to have constant face-to-face meetings with your clients.
It is quite possible to build a very successful business without ever having to meet a customer. Of course, a live meeting may be needed at times, but constant live meetings will not be your reality.
It is simply not part of the marketing strategy that that program teaches.
Myth 3 – You need to have technical skills and online marketing expertise to succeed.
Those things help, but it is not required.
You can easily outsource these at a lower cost so you don't really need it.
The Parallel Profits is structured and designed so that you can be practically hands-off on the actual work.
Myth 4 – You need a lot of money to get started.
This is just outright false.
Besides the training course, you can readily start anytime for free.
Once you get paid upfront, you can now begin to outsource all the other work and build your business solely on profits.
Myth 5 – You need employees to run it.
No, you don't.
You can either use the team of Aidan Booth and Steve Clayton for Parallel Profits clients or outsource the work yourself.
You could use the help of an accountant or financial advisor to help you with all the new money you are earning, but that’s good!
Myth 6 – You need a physical office.
That's a no too. You don't need one. If you have been reading, you'd realize by now that Parallel Profits' structure is entirely online.
Of course, it’s not ALL positive. Here are a couple things that I would consider not so great about this online business model…
You need to find clients to sell your products to. This is much easier through the Parallel Profits system, but it is still something you can not completely avoid. You have to find customers, which means you have to sell your services to them.
You have to communicate with clients. I wouldn't lie, this can sometimes cause pain in the ass, and most people aren't talking about a business like this in advance.
It's usually not that bad, but there are times when customers would act up. So, you have to be aware of that possibility from the start.
Final Thoughts For My Parallel Profits Review: Is It Legit?
I think that the system they teach is certainly one of the fastest ways to make a long-term income on the internet, and can help businesses generate a very substantial & stable income full time.
In fact, you will might only need less than 10 sales to make $ 100,000 a year with this online business - the best part is that you need to do almost nothing! Their program utilizes a marketing strategy that makes this achievable.
One thing that really stands out to me is that this is a business model that is built on providing the services that almost every business owner in the world needs, so you have almost endless potential clients.
Plus , you are really helping these places to thrive financially, which has many benefits such as increase jobs, boosts the economy, makes you feel good, and much more!
My final review?
Parallel Profits system is definitely worth trying if you're ready to spend a boat load of time and only make a little bit of money.
It's a lot tougher than they say.
Does that answer your question?
It is entirely possible to build a profitable, successful online business however.
What Is Our Top Recommendation For Making Money Online In 2024?
Our review team has come across a program in the real estate industry that is next level!
Although it’s not real estate in the traditional sense, it’s all digital.
Where Parallel Profits falls short is in scalability.
You can’t realistically expect to be able to set up a bunch of different Affiliate Marketing blogs and get NATIONAL traffic to them.
It just takes too many resources (money included) for any regular person to bootstrap.
But what if you could make even more money off of little local websites without having to spend tens of thousands to set up an affiliate blog?
With this Digital Leasing program, you can profit off LOCAL traffic to your website every single day!
Sound too good to be true? Of course it does! But it isn’t…in fact, business owners wish they had this skill!
All you have to do is build and rank a LOCAL website and forward the jobs off to a business owner in town, you could even email it to them!
This works for literally any service based business, tree service, plumbing, towing, etc.
How do you get paid and how much?
Simple, after you forward the jobs off to a business owner and he makes some money off of them, you simply ask to make the deal beneficial for each other.
A fair price to charge per lead, depending on the industry is 10-20%…let’s just use the tree service industry for example and go by worst case scenario.
Let’s say you build and rank the site and only 10 jobs a month come in. The average tree service job is anywhere from $500-$2000!
That means at bare minimum you have an asset worth $500 a month!
See why they call it Digital Leasing now? That’s a rent payment.
The great thing is how easy it is to scale. You don’t have to worry about spending boatloads of money on a single traffic source to get CRUMBS in affiliate income.
Remember Parallel Profits talking about their little 10% commission off a $50 product?
This one actually allows you to collect HUGE FLAT RATE DEALS. Truly passive income!
The training program takes making money online to a whole other level. The owner of the program walks you through how to build and rank a site hand in hand, with the occasional voice over when he is sharing his screen.
You will learn the importance of keywords, website name, how to send call notifications via email, backlinking, etc.
Once the training program is completed you will also have access to a Facebook group much better than the Parallel Profits group in our opinion. This group is much more active.
Unlike Parallel Profits, where you’re getting maybe $5 per sale, you could be getting 10-20X THAT.
A business will always want more leads and another job. In fact it doesn’t even matter that the job isn’t coming from their website name…they see it as it is…expanding Digital Leasing.
Unlike Parallel Profits, more people have been able to walk away from their 9-5 job as well.
Now, I know you probably have tons of questions…
#1 Business Recommendation
We each make around $10,000 per month with the help of this system.yes, show me more