Glad you found this 10k Builder review.
If you’re reading this post, chances are you are wanting to find out is 10k Builder a scam or the real deal.
Well, I am positive you’ll find your answer here.
Imagine someone buying a book priced at $8 and then buying 9 more books around the same price.
This person then goes on to package these books together, calling it their “Gold Package”, and offers to sell it to you for $1,000’s.
Along with the package, you get your own ‘customizable’ bookstand to sell them to the next unsuspecting person for $1,000’s as well.
Not only that, they can buy more expensive packages of these books that no one will read, just for the sake of making a profit.
Would you be OK with that?
That appears to be the case here as I explain in more detail in ‘The Products’ section of this post.
10k Builder Review
10k Builder also goes by “10k Cash Code” and can be found at www.10kbuilder.com, www.10kcashcode.com.
To make things more confusing, I believe the actual name for this system is Secrets Of The Wealthy.
(You may have noticed SOTW somewhere on the website as well, short for Secrets Of The Wealthy).
Whatever the case, I spent quite some time researching this system and going through the steps myself.
Here’s what I found.
What Is 10k Builder
According to the website, they will provide you with a “secret formula” that has members prospering within days of joining.
It’s a done for you system where you don’t have to do any marketing, talking on the phone, and not to mention all the technical stuff is set up and ready to go, like your website.
Members will be “shown how to make $1,500 to $10,000 or more per week”.
It’s the perfect system, where all the work is done for you.
Too bad this isn’t 100% true.
What It Really Is
How could a system that is virtually hands-off and earns you 5x as much as you put in not be perfect?
Well, there’s a whole other side to it.
Cheap products are being packaged as some “Ultra Package” and being sold for massive commissions.
10k Builder’s audience is not selling business-related products to business owners, they’re targeting newcomers who don’t know any better.
The steps it takes to get involved are quite simple.
The instructions for getting started with this system are to watch a webinar (26min.) followed by an FAQ video (41min.) in their entirety.
Afterward, you’re instructed to make a phone call to a “coach”. I got a machine which ultimately asked me to leave a voicemail so that a coach can call me back.
Oh, and you’re going to need a fat budget in order to get started.
10k Builder or 10k Cash Code has 4 product levels:
- Gold Level – $3,000 + $247 admin fee
- Platinum Level – $7,000 + $447 admin fee
- Diamond Level – $14,000 + $647 admin fee
- Ultra Royal – $21,000 + $847 admin fee
The higher the level, the more “benefits” and “products” you get and can resell.
What are these products that are worth over $20,000?
They must be pretty important and life-changing right?
What people ultimately do with these products after purchasing them is up to them, but I have a hunch that no one actually gives a damn about these products.
10k Builder describes them as eLearning products or business development tools that are “really in demand”.
In reality, it’s just one big game to sell as much of these as possible.
There’s not a whole lot of value in them, however.
Earlier I asked you to imagine someone purchasing 10 books at around $8, bundling them up into a “Gold Package”, and selling it for $1,000’s.
Well, that appears to be exactly what 10k Builder is doing.
We’ll use the Gold Package as an example.
The gold package comes with members area access, your own ‘customizable’ website, about 9 random software products, along with other things.
The software products are the “meat” of this business or there supposed to be anyway.
Here’s Surefire Surfing Security, one of the products:
And here it is for sale on another website for $5.00.
Let’s do another. This ones named Surefire Productivity Launchpad:
And here it is available for $7.99.
They are buying cheap PLR (private label rights) videos, packaging them up, and selling it to others for a fortune.
Anyone can buy these PLR videos and you don’t need 10k Builder for that.
What 10k Builder does is provide members with training on how to sell it to others.
They also give prebuilt websites, a marketing funnel, someone to close the deals for you, amongst other things.
At least, it appears that way.
If there’s something I am missing, feel free to inform me in the comments below.
What they are doing may or may not be legal.
But this isn’t the first time I’ve come across a business selling high-ticket, low-value items.
It never works out for those involved. Just ask MOBE (shut down by the FTC after being deemed “Massive Coaching Scheme”.
Can You Make Money With 10k Builder
I think this is a big question for many.
The answer, Yes. I believe so.
Do I believe the many testimonies of people claiming to have made $50,000 in one month or $20,000 in two weeks?
The full story isn’t being told, like how much was spent on advertising not to mention the cost of joining this system.
Is that $21,000 in profit or revenue? It would be nice to know.
But yes, it is possible to make money with this system by the looks of it.
Just realize these user testimonies may or may not be telling the full story.
They have heavily invested in this system after all (like $3k to $21k invested). Of course, they are going to do everything in their power to make it appear welcoming.
Use your own discretion because joining is ultimately up to you, I decided not to for the many reasons expressed in this review.
You, as the consumer, are free to purchase any items of your choosing.
- Coaching call = hard sell
- Selling cheap PLR products for a fortune
- Requires huge budget to join and for advertising costs
- Not a long term business plan
- Potential to make money, putting others at risk
Is 10k Builder A Scam?
By now I’m sure you are able to realize, we do not recommend 10k Builder.
The major reasons for this?
- Reselling cheap PLR products at a high price point for massive commissions is wrong (then to teach others to do it).
- This is not a sound, long-term business plan. This won’t be around too long.
- Notice how the actual product being sold is of little concern. The focus is on getting others to joining.
- Failing to learn any actual marketing or online business skill as “everything is already done”.
How a website or place chooses to operate is their business.
Personally, I tend to avoid any place which is overly-focused on the money.
Funny coming from a website named Extra Paycheck Online, I know.
In the last 4 years of operating this site and doing dozens of these type of reviews, I realize that places overly-focused on money usually under deliver in training, teaching, and support.
Teaching people skills which can result in creating an income for years to come is the way to go.
When it comes to places like 10k Builder you need to ask yourself. If they shut down today, what would you do?
Where would you go?
You can check out reports from people calling 10k Builder a scam after receiving dissatisfying phone calls from them.
Its all about buying and then reselling for massive commissions, this won’t last. We’ve seen it and recommended against it before on this website.
My best advice…
Avoid any and all “done for you systems” and focus on learning a skill which produces online income as a result.
With 10k Builder, you are expected to have a huge budget to join and participate in advertising if you hope to make any sells.
Use caution as this seems very risky.
You can expect to fend for yourself as well. I recall Matt, one of the co-owners, explaining why he refuses to reply to emails. He said it because he “does not explain the program”.
You are expected to educate yourself. I wouldn’t expect much support after joining.
Another quote from Matt “the person who spends the money makes money in this program”.
For anyone getting involved with this system, use caution. It seems very risky.
What are your experiences with 10k Builder? I’d love to hear from you in the comments below.