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Speed Wealth Review (2024 Update): Can You Make A Million Dollars With Affiliate Marketing?

By: JosiahDec 08, 2023Affiliate Marketing
Speed Wealth Review ([year] Update): Can You Make A Million Dollars With Affiliate Marketing?

Have you heard the news? Matthew Neer is back with a new done-for-you system.

Is the Speed Wealth Commission System working exactly as the name suggests, or it's just another bold claim?

We will uncover that in this review. Read for more!

DISCLAIMER:

This Speed Wealth 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
  • Automated system
  • Beginner-friendly
  • Legit founder
CONS
  • Quite pricey
  • Its 100% DFY system is too good to be true
  • Not the fastest way to earn money

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!

In this Speed Wealth review, we’ll dive into the pros and cons of the program.

But before that, let’s ask ourselves: Is affiliate marketing even a worthwhile business model?

On the one hand, the promise is great…

You don’t have to create products, worry about fulfillment, customer service, or bad reviews.

Your only job is to get the right customers in front of the right offer, and take a commission when they buy.

And - theoretically - you can do it all in an hour a day from the beach.

Sounds simple, right?

Well, not really. Driving traffic (that’s internet speak for getting customers) is single-handedly the hardest part of the entire marketing process.

Later in this review, we’ll talk about all the different skills you need to drive traffic successfully.

For now, let’s just say the promise doesn’t really match up with reality.

At best, affiliate marketing is a job. You’re working for someone else, selling their products, and at any time, they can change your commission structure or block you from selling their stuff entirely.

In this business, you don’t really own or control anything. Since - for the most part - you’re driving traffic (again, the hardest job of all) and sending it to someone else, you don’t even get to keep the customers, who are the most valuable piece of the puzzle.

At worst, affiliate marketing is a pyramid scheme. There are certain - ahem - programs that charge you a monthly “membership fee”, under the guise that you will learn how to be a “wealthy affiliate marketer”.

Once you join, however, you find out the only way to really make money is by being an affiliate for that program.

That’s pretty much the textbook definition of a pyramid scheme.

Now, let’s say you really want that hour-a-day-work-from-the-beach lifestyle.

beach laptop

What if there was a way you could build a passive income stream that’s actually passive?

An income stream that doesn’t require:

  • Thousands of dollars and hundreds of hours before seeing your first dollar
  • Doing all the hard work of driving traffic to only get a tiny commission
  • Running your business on someone else’s terms

An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?

An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day testing, tweaking, and risking your money in the hope you can finally start making sales?

If that sounds like something you’d be interested in, check out Digital Leasing.

TESTIMONIAL - Still Getting Paid

This is like taking all the good parts from affiliate marketing (however few there are), and putting aside all the bad.

However, if you’d still like to know more about Speed Wealth, keep reading.

What Is Speed Wealth?

Speed Wealth is a 100% “done for you” affiliate marketing system.

The whole thing is based on affiliate marketing, which is an excellent way to make money online. The assignment of an affiliate marketer is to connect a customer to a service or product by using an affiliate link. There are many ways to do it, and this program will teach you how.

The Speed Wealth method provides you with a collection of high-converting landing pages, often known as marketing funnels. The system uses highly targeted and converting Internet traffic. This method is known as “pay to play.”

Before we continue, let me tell you that to make this system operate and earn commissions, you’ll need to prepare a large chunk of money to pay for the Internet traffic.

Who Owns Speed Wealth?

Matthew Neer

Matthew Neer is a seasoned and successful online marketer with a track record of success. Affiliate marketing, where he promotes other people’s items, delivers massive value to his revenue.

Matthew is also a serial product creator, which means he earns a living by creating do-it-yourself methods wherein he teaches people how to become his affiliate.

One of his creations is the Speed Wealth system.

Good news: Matthew Neer is a real person. Unlike people who conceal their identity on product pages, Matthew stands behind his work, making him admirable.

How Does Speed Wealth Work?

Speed Wealth system works based on the marketing principles of an ascending sales funnel. As explained briefly, the sales funnel contains steps that visitors need to take before they lead to conversion.

Don’t worry about the steps. Matthew assures you it is just a piece of cake. Whether you are a beginner or a seasoned marketer, you can easily navigate it.

As shown on the sales page, the system is broken down into five simple steps, and they are as follows:

  1. Log In to Your Account to Get Access to DFY Funnels
  2. Connect Your Commission Account
  3. Select A Traffic Source
  4. Drive Traffic to Your Commission Link
  5. Sit Back & Watch The Money Start Rolling In

What Is Inside The Speed Wealth System?

Once you’ve paid for Speed Wealth, you’ll have access to the system’s primary dashboard. You will get the key to the following items there:

  • automated sales funnel system competed with marketing
  • landing page templates
  • traffic sources
  • video training

As Matthew promised, he would take care of everything for you. This means you won’t have to bother about manually configuring the system. The single thing you have to do is direct people to your funnel and begin earning money. At the very least, it is what Matthew claims.

Bonus Materials

  • Advanced List Building Secrets Video
  • 5 Powerful Traffic Strategies
  • 10/K a Month Webinar

Now, it’s up to you whether Speed Wealth grabbed your attention or not. If it does, then it begs the following headline: how much does Speed Wealth cost?

Continue scrolling for the answer!

How Much Does Speed Wealth Cost?

The one-time cost of the Speed Wealth System is $27.

In addition, you’ll have to pay $19.95 a month to maintain access to the program.

Before diving into this program, I must warn you that it will cost you a lot of cash.

Yes, the initial payment will give you access to the system, but only a portion of it will be available to you.

Furthermore, you’ll be on the hook for the cost of the traffic. As a result, the cost of traffic adds a few hundred dollars to the initial price.

Speed Wealth Upsells

The Speed Wealth system includes upsells. To utilize the system, you may be required to purchase additional expensive parts. You’ll need to have this to get the most out of the program’s content.

  • Landing Pages – $97
  • Campaigns (email swipes, PPC Ads, Classified Ads, Banner Ads) – $199
  • Digital Millionaire University (advanced training) – $197

Is There a Refund?

Speed Wealth offers a 60-day money-back guarantee.

For 60 days, Matthew will let you put this product to the test. You may receive a refund if you’re not happy with it or don’t get the intended results.

Can You Make Money With Speed Wealth?

In general, the methods used by Speed Wealth System have proven to be effective, and their sales page and funnel seem to be well-designed and practical. Thus, I’m confident you can get some sales and commissions by promoting the system.

However, this is not the path I suggest you choose. The sales page implies that it is possible to get started in only five minutes and sit back and watch the money stream for years.

However, in reality, making money online isn’t like this. If you think you can earn a million dollars online without any work, you’re in for a big disappointment.

Never join organizations or individuals that promise to teach you how to generate money online without providing any training, resources, or long-term goals. Those will waste your time and money.

Is There A Book About Speed Wealth?

Speedwealth How to make a Million In Your Own Business in 3 Years or Less

If you think Matthew Neer cannot offer you the whole concept of Speed Wealth, read T. Harv Eker’s book. He is known as the founder of Peak Potentials Training.

SpeedWealth “How To Make A Million In Your Own Business In 3 Years Or Less” by Harv Eker is a must-read for anyone who wants to grow their business in 3 years.

In the book, T. Harv Eker highlights eight power principles of SpeedWealth. They are:

  1. Develop a SpeedWealth Mindset

    You must possess a solid DESIRE to acquire.

  2. Deliver Massive Value

    Money is a convenient symbol representing and measuring the value of goods and services exchanged between people. It’s the value that determines your income.

  3. Timing: Choose the Right Business at the Right Time

    Knowing how to choose the right vehicle in the right time rare and highly profitable skill that you can learn.

  4. Systemize

    The business system is a repeatable process that produces a profit.

  5. Duplicate

    When you already have a system that works, you can then concentrate on duplicating it.

  6. Leverage

    One of T. Harv Eker's business motto's in SpeedWealth is: “If you're not using leverage, you're working too hard, and earning too little!”

  7. Cashing Out

    It’s essential to start a business with the intention of “cashing out,” as you then are developing a systemized business process that is worth more as an asset.t.

  8. Do It Now!

    If you’ve been putting off a business idea or a project, do it NOW!

Sounds great!

I will share a phrase from the final chapter that I loved – “You want to blend money with meaning, profit with purpose, and street smarts with heart.”

If you have a millionaire mind, it’s time to hold this book. Give it a read, and I’m sure you will enjoy it as I did. Do not let the shortness of this book fool you. From the front to the back page, this international best-seller book will show you the way to financial and personal growth.

Is Speed Wealth Another Scam?

Scam or Legit

So, is Speed Wealth a scam? Not technically. You can make money with this program, but making money with affiliate marketing definitely isn’t as easy as the company makes it sound.

Driving traffic is extremely difficult. In order to do it successfully, you need to at least understand all these things, if not be a ninja at them:

  • Copywriting
  • Google Ads
  • Facebook Ads
  • Content Writing
  • Website Building
  • Conversion Optimization
  • Automation
  • Email Marketing
  • Click Tracking
  • Retargeting/Remarketing
  • SEO
  • Backlinking

And a lot more.

There’s a ton of work to be done upfront, no real guarantee of success, and - most importantly - the actual commissions are pretty small.

Now, there’s nothing wrong with front-loading the work and making the money later.

But if you’re grinding it out for 3 months and then your reward is a $50 commission, it’s not really worth it.

What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?

And what if you only needed 1 or 2 of the above skills to get started, instead of mastering all 12 before seeing your first dollar?

And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?

And what if you could double it next week?

Well, that’s the power of Digital Leasing.

Your laptop and an internet connection is all you need.

Some of the most successful students in this program run their entire 6-figure businesses from:

  • A camper in the middle of the woods
  • A beach chair on the water in Mexico
  • A small villa in Greece

TESTIMONIAL - Saying Goodbye To Our Jobs

They’re able to travel around, living their lives first, and focusing on their income second.

Because even if they stop working for an extended period of time, the money keeps coming in.

So adventure, memories, and experience are the top priority.

And they never have to worry about how to pay for the next trip, or consider asking for time off.

If this sounds more like the type of life you want to lead, just click here to find out more about Digital Leasing.

Are There Alternatives To Speed Wealth?

alternatives

Yes, there are plenty of Affiliate Marketing programs and resources to choose from if you want to pursue this business model. Here are just a few:

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

Digital Leasing

Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.

And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.

Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.

This is only possible if you have an income stream that’s not tied to your time.

TESTIMONIAL - JUMP ALL IN

2) You Own & Control EVERYTHING: With Affiliate Marketing, you don’t really own anything. You have no control over the quality of products. You don’t even own customers.

Look at the fine print for most affiliate agreements. At any point, the company can change your commission structure, reduce your profit margins, or kick you out entirely.

With Digital Leasing, you own the assets, which means you have all the power and all the control.

TESTIMONIAL - Feeling Blessed

3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket...even before you do any work.

Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

TESTIMONIAL - Scott Lead Gen

4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.

Because you have more knowledge, more experience, more results, and more momentum.

If you wanted to double your income with affiliate marketing, you’d have to double your traffic, double the average order size of each customer, OR double your commission rate. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.

TESTIMONIAL - Lance Lead Gen

5) Make Money Helping Real People: This part is what makes it all worth it. With affiliate marketing, you’re selling the product with the best commission rate, NOT the one that’s going to improve the most people’s lives.

And that makes it pretty hard to sleep at night.

But with Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.

You make money by helping them make money.

Not a big, faceless corporation either...a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.

Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.

BOSS OF MY FUTURE

Now, the choice is yours. You could continue browsing, looking at opportunities like Speed Wealth which could one day make you money.

You could continue researching, never making a decision.

OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.

A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.

All while genuinely helping real people who are grateful and happy to pay for it.

If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Leasing.

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