Tuesday, January 29, 2008

Under the Microscope: "Overnight Cash System"

The "Overnight Cash System" is a cash gifting activity which promotes the ability to generate hundreds to thousands of dollars daily simply by returning phone calls. Cash Gifting is definitely not a new concept. Actually it is something all of us have done and do on a regular basis for birthdays, graduations, weddings, etc, just on a smaller scale. So the question is not in the concept, but whether or not cash gifting can be considered a legitimate home based business.

Cash Gifting can be defined as: The act of privately or publicly giving another person or entity a declared sum of cash, (as a gift) and giving it freely without coerce or consideration. Cash Gifting is in no way a loan or any type of payment for goods or services received. As an income generating program cash gifting requires like minded entrepreneurs and average people from around the world to implement the cash business system.

Cash gifting programs typically consist of multiple entry levels and are based upon a 1-up cash leverage system to start generating fast cash. Many programs appear to be "hit and miss". However, there seems to be a handful that have been around for years and have a step by step progtam, a solid tracking system, legal documentation, and marketing plan.

A brief overview of the process can be seen here www.youtube.com/v/UCbJYns54Ws&rel=1 or heard by calling a pre-recorded message. After listening to this call, you are to call back your inviter who then gives you access to another call and the website. The entry level ranges from $500 - $3500. There is an additional annual fee for back office support in the amount of $120. Training is provided, access to marketing materials, legal documentation, website set up and a system to follow.

The Overnight Cash System appears to have all the components in place for someone to be able to launch a home based business. So let the fun begin.

Well, during my month long test of Overnight Cash system, I have to say I am quite dissapointed. The income potential is great. However, as a long term home based business, I am going to have to pass. In order to keep the cash coming to your door, you have to have a constant influx of invitees that are willing to put up the cash and invite others. In my opinion, there are better opportunities out there, that require much less work and yield much better results both short and long term.

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