The circle of profit by Anik Singal – Anik promises that you will start generating profits almost immediately

April 6, 2015 9 Comments

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Product name: Circle of profits, Profit Academy

Product owner: Anik Singal

Website: profitacademy.com

Price: $1.99 (digital),

Membership: $2997 (one time payment), or $3188 (4 Payments of $797)

Verdict:  Recommended? Yes and No

 

Anik Singal is known for creating many products that teach people how to make money online and there is one thing common to all his products:

Anik claims that you can make tons of money almost immediately and the truth is that almost all his products fail to deliver on the promises.

I reviewed some of his products, such as Inbox Blueprint and Future of Wealth and both are mediocre products with bold claims.

To my surprise, Anik’s circle of profits turned out to be not that bad at all and in my review I’m going to take a closer look both at Circle of Profits and Profit Academy so you can know exactly what you can expect from his new products and make an informed decision accordingly.

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The main idea behind Circle of Profits and Profit Academy

Anik’s two products are absolutely different products. Circle of Profits is a digital book that you can buy for $1.99 or if you want to order in paperback, it will cost you $4.93. Both books can be bought at Amazon.

As you probably know, before buying you can read positive and negative reviews on Amazon to know what others think of his product. The book teaches you how to make money with affiliate marketing and email marketing.

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As for Profit Academy, it is a membership website and once you join it, you will get access to the training course on affiliate marketing and email marketing. While Circle of Profits is not that bad, my main issue with this product is that reading a book alone is not enough to be successful online while Profit Academy is extremely expensive membership and only few people can afford it.

 

Pros of Circle of Profits

  • Contains good info about affiliate and email marketing

 

Cons of Circle of Profits

  • Unrealistic promises
  • There are some negative reviews on Amazon

 

 

Pros of Profit Academy

  • Good training course

 

Cons of Profit Academy

  • Extremely expensive
  • Limited support

 

Inside the product/program

1. As I said above, though Anik’s reputation is not so good because of his other poor products, Circle of Profits book contains pretty helpful information about internet marketing and if you are completely new to all this, you can benefit from his experience. You can even get this book for free at his website.

Inside the book you will find info about affiliate marketing (how to find products, sell them through your site and make money), email marketing (why you need it and how to use it to grow your business), building a landing/squeeze page etc.

If you already know all these things then there is no need to read his book. But not everything is good about his book. It contains a lot of hype and false promises, like in his other products mentioned above. Again he promises that you will start making money immediately or that you will reach $10.000 mark in a matter of a few weeks. This is not true!

 

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I told in many of my articles that to reach those numbers you need to put in the work and time and most probably it will take 2,3 years to start making $10.000 per month. Some people never reach that mark and for some it might take even 4,5 years of hard work. That’s why, Anik’s promise about making thousands of dollars in a matter of a few weeks is absolutely unrealistic.

 

2. There are also some negative reviews on Amazon and you can read them below and it means that his book is not perfect at all. Some people say that it’s not a complete guide they were looking for. And I totally agree with them because I was always of the opinion that real internet marketing and making money online is not about reading a book alone.

It’s almost impossible to read a book and start making thousands of dollars. You must go through a proper training, get some necessary tools, such as keyword research tool, get 24/7 support etc.

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3. Some customers are of the opinion that his book is primarily a sales letter (pitch) for his Profit Academy membership and I totally agree with them. It’s an old marketing trick to give something for free in order to sell more expensive product later.

But the main problem with this product is that the price he is asking to pay for his Profit Academy membership is not reasonable and I’m sure most people will not buy into his offer.

But I know that he is a successful online marketer and that means there is a good number of naive people who buy into his offer. And another problem is that I know that HE is making money, but I’m not sure about people who buy his Profit Academy.

 

4. Anik also explains in details how you can find a profitable niche, create a website and monetize your website and he gives good examples. All this info is really helpful and practical, but my main issue with his approach is that he claims that you can work part-time and easily earn 6 figures. This is not true!

Making money online, a few thousands per month, not to mention 6 or 7 figures requires hard work and patience and if anyone tells you that making money is much easier than making it in real world, he is lying to you.

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Profit Academy

1. As I told above, Profit Academy is a membership site where you can get trained on affiliate marketing, email marketing etc. The idea is good and the training is not bad simply because the information inside it, is mainly based on the previous products, such as Inbox Blueprint, Future of Wealth.

But my main issue with this program is that there are many other established membership communities out there, such as Wealthy Affiliate, Chris Farrell Membership, Affilorama, Bring the Fresh, Site Build it etc.

Some of them allow you to try their program for $1 and that’s really awesome because you can try the program before you make your final decision.

Some programs, such as Wealthy Affiliate allow you to try it for free for the first 7–10 days and it’s actually my favourite program because I’ve been a premium member of WA since 2013 and vouch for the overall quality of this program.

Unfortunately, you can’t try Anik’s Profit Academy and that’s really bad and there is a good chance that you won’t like it because it’s not an established community.

 

2. The price of the Profit Academy is extremely high and not affordable to an average internet user. Just imagine, the cost of membership is $2997 (one time payment), or $3188 (4 Payments of $797).

That’s really a huge price and I don’t think most people can afford it. On a side note, why pay Anik when there are other better alternatives, such as Wealthy Affiliate?

Wealthy Affiliate provides an excellent training on affiliate marketing, SEO, email marketing, etc. In short, it provides you with all you need to build a successful online business and the best part of it is that you can try it for free.

WA provides 24/7 supreme support, you can even contact the owners of WA, Kyle and Carson and get support directly from them and it will cost you $19 -first month and then $47 per month = $536, or you can choose a one time payment and get a huge discount which will cost you $359 per year and it includes everything! 2 websites, keyword research tool, training, weekly live webinars, access to hundreds of successful internet marketers, live chat, 24/7 support. Now ask yourself, is it reasonable to pay Anik $2977?

 

3. And it is not the end of the story. Anik’s support is limited to 90 days! This is not acceptable!! They claim that they limit their support to 90 days because with Anik’s support you will be able to build a successful business and start making thousands of dollars in 90 days! This is so ridiculous!

 

4. Anik also claims that with his “Instant Profit System” you will be guaranteed to see your first profit in 14 days! I’m sure you’re smart enough to understand that this is not true.

 

5. And this guy even claims that the actual cost of his course is not $2977 or $3188. The actual cost is the number you can see on the image below… Can you trust this guy after that?

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Final word on Anik’s products Circle of Profits and Profit Academy

Circle of Profits book is a good read and you can get it for free at his website. As for Anik’s Profit Academy, it’s not bad, but has a limited support!  And the price is not realistic! Most people can’t afford it and there is no guarantee that you will make money.

If you are looking for a real deal, with realistic approach and reasonable price, I can honestly and proudly recommend you to try my # 1 rated program for free because I’m sure you will like it. Because thousands of other people have already tried it and they are happy with it, including me. Feel free to contact me for any questions or leave your comments below and I will reply shortly.

 

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Filed in: Product Review

About the Author:

My name is Adam. I'm the founder of Your Income Advisor. My goal is to help others succeed online, by exposing scams and reviewing top rated products. I can help you start your own business online

Comments (9)

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  1. Don says:

    What are your thoughts on the Six Figure Income program?

  2. Shahla says:

    Hi Rufat,

    Thanks you for your advise.
    I already cancelled my subscription and they accepted it without questions.

    I’ll just check Wealthy Affiliate now and see what’s up there.

    All the best,

    Shahla

    • Rufat says:

      Hi Shahla. I’m happy I could be helpful. Let me know if you have any questions and once you are inside my recommended program you can drop me a message should you have any problem. Just follow the training and apply the knowledge and you will see real results. Best of luck.

  3. Shahla says:

    Less than a month ago I got into profit academy and actually I realized that I had to pay more for leadpages, getreponse … and other additional
    stuff. The thing is that they only charged me for the first payment ($ 797), because I did it with a credit card that does not exist anymore.
    For the next 3 payments they are asking me for another credit card, but I don’t know if I should pay them or not, because the information and
    the promises they made remain as only promises. And now I don’t know what to do. Do you think I should keep paying them?

    • Rufat says:

      I recommend you to stop paying because it’s a waste of time. Trust me and my experience. I recommend you to try the program that I recommend in my article for free. I’m sure you will like it. Once you try it you can make your decision and if you decide you can join it. Your first month will cost you $19. You will get MUCH MORE value than from Profit Academy. Actually, my recommended program is one of the best programs on the web and it’s absolutely legit. Let me know if you have any questions.

  4. Dlansing says:

    Well, well, so Anik Singal has strike again with circle of profit. I have been hearing about Anik Singal quite a number of times and he seems to be quite famous. I believe it is his email marketing “campaign” or should I say “spamming”? A friend of mine has asked to look into into his profit academy and once I looked through them, I immediately said there are other better & more reasonable options out there. Thanks for sharing this latest “offering” by Anik Singal. Appreciate it!

    Dlansing

    • Rufat says:

      Yes, Anik Singal is a famous guy and made his buck on the web and he is known for creating some poor products, such as Inbox Blueprint, Profit Academy etc. Though his Circles of Profit book is a good read, his Profit Academy is absolutely overpriced product with limited support. As for his Circle of Profits, it’s good, but the problem is that to start an online business it’s not just about reading a book alone. It won’t happen. You need to go through a proper training and you need supreme support. As Profit Academy, it’s a relatively new program and not an established community with limited support. On top of that, the price for Profit Academy membership is so high that it’s really ridiculous and when you compare it to other communities, such as Wealthy Affiliate, Chris Farrel, Affilorama ect, then there is no place or a chance for Anik’s product. And you even can’t try Profit Academy for free which means that Anik is not much interested in helping folks. He is in the business of making money.

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