eTycoon.net is a new website run by Ryan Moran that sells the Lump Sum Profits course. Moran says that using his course is a way to earn large, lump sum payments of 4 or 5 figures at one time, as opposed to other methods of working online currently which generally rely on smaller, steadier payments.
eTycoon claims that with their program you won’t need to worry about affiliate marketing, Google AdSense, or creating products to market to your customers. You don’t need to worry about building business over time.
Instead, the eTycoon course claims that you can earn large, lump sum payments “whenever you feel like it,” simply by creating, or purchasing, a small website, adding some improvements, and then selling it to someone else.
The concept behind eTycoon is the same one that people employed in the 90s and early 2000s for house flipping. Purchase a website at a cheap price, do some standard functional and cosmetic improvements, then turn it around in a very short period of time and sell it to the highest bidder for a generous profit in the 4 or 5 figures.
eTycoon claims that with their course is proven to work quickly to make your large sums of money, and you are even offered a 30 day, no questions asked, money back guarantee if you purchase the course and don’t like it, as well as an extra guarantee that if you follow the system and still don’t make money, Moran will cut you a check for $100.
So is eTycoon Legit?
While it is true that you can make money “flipping” websites, there are a few issues with eTycoon.net that are worth looking at.
First of all, Moran claims that his program is “proven” and is therefore able to work for everyone. He backs this claim by saying that if you purchase his program and are somehow unable to make money with it even though you have followed it exactly, then he will cut you a check for $100.
However, in his Terms & Conditions he makes no mention whatsoever of this “guarantee.” This means that it is not legally binding, since he only mentioned it on his sales page. In addition, if you look at his Disclaimer, you’ll see a very different story.
Now, every internet company has a Disclaimer that essentially says, “Please disregard what I said on my sales page about you making money with my program. You are not guaranteed to make money with my program and I take no responsibility for you if you don’t make money.” The truth is that there are so many factors involved in online business that no one can actually guarantee you’ll make huge sums of money.
The difference with eTycoon’s Disclaimer is that they specifically lay out that even if you follow their course to the letter and do every single thing they say, you may not only not make any profits, you may also lose money. So much for their “proven” system and their $100 “guarantee.”
In addition, if you do read the Terms & Conditions for eTycoon.net (and you always should) you’ll also see them layout policies in regard to their eTycoon Elite program. What this means to me is that once you sign up and pay your $97, you’ll be contacted by a member of the eTycoon team trying to upsell you to a more expensive “Elite” program that they’ll likely say is even more guaranteed to make you money than their original program is.