If you need a business that can make easy fast money, you need to read this. I hope my Plug-in Profit Site review can help you better understand what Plug-in Profit Site is about, to decide whether or not it is a full-proved money-making opportunity for you. My Plug-in Profit Site Review will also include the advantages and disadvantages in this business.

What is Plug-In Profit Site (PIPS)?

Plug-in Profit Site (PIPS) is founded by Stone Evans back in 2003. Plug-in Profit Site is packed with proven home business ideas and opportunities. PIPS is the result from Stone Evans massive success from home based internet venture. Stone has put together 5 affiliate programs with passive income opportunities that are already proven to be successful.

Member who joins PIPS will get a FREE home based business website built within 24 hours using the domain name of member’s choice and hosted on HostGator server. The affiliate programs that are included in PIPS are Strong Future International (SFI), Empowerism, MyWorldPlus, HostGator and GDI.

The PIPS website is also built with 400 pre-written auto-responder home business tips newsletters and free to give-away 300+ pages of ebook called “Dotcomology”. Everything is in place to increase your lead capture ability.

Advantages of Plug-In Profit Site (PIPS)

1. First-Class Support and Couching System;  PIPS members are provided with free access to 30 days training guide which explains in details every steps to start making money from PIPS website. There is also a dedicated help desk and their respond is awesome. All members can also get free access to a support forum which is dedicated especially for PIPS members.

2. PIPS website is completely customizable. If you have no technical knowledge such HTML code, you can always get a WYSIWYG html editor for free. You are freely to add or include more affiliate programs or web-pages.

3. Multiple Income Streams; PIPS is especially design to generate passive income streams. Stone has included 5 automated passive income streams in the PIPS website (at the time of writing). He may be added more from time to time. Passive income allows you to generate income for many months for one successful sale made.

4. Perfect for internet newbie; PIPS website is ready with an auto responder and free ebook to give away within 24 hours. I got my PIPS website ready within 10 hours. Creating a website can take days or weeks for someone with no technical knowledge on HTML.

Disadvantages of Plug-In Profit Site (PIPS)

1. Most of the programs are network marketing or MLM (Multi-level-marketing). Many people are anti-MLM and they may be switch-off quickly when they see the ideas are about MLM without knowing the details of this business. Some may see this as disadvantage, but I personally don’t see this as disadvantage because I love the power of leverage. Once I recruited my first level, I am multiplying my earning potential and leveraging from people under me.

2. Not Get-Rich-Quick Scheme. PIPS will not make you rich overnight. There will be learning curve (30 days training guide) and build up your traffic slowly. Some may take 3 to 4 months to start seeing commission. If you can’t wait that long or your family will be starving, get a job and work part-time on PIPS. If you are an experienced internet marketer, you may see result faster than inexperienced marketer.

3. There will be monthly recurring costs to run this internet business. There will be $4.95 for hosting fee (first month hosting fee is only 1 cent), $19.90 for Empowerism membership and $19.95 for MyWorldPlus membership. Hosting fee is a must for your website up and running, you may choose not to join Empowerism and MyWorldPlus, and your upline will overwrite your commission. It’s recommended to join all to create a multiple streams of income.

4. There are still works to be done by your side after joining PIPS. A minor changes and adding a blog is highly recommended to make your PIPS stand out from the crowd. You cannot just sit back and do nothing; some promotions are required to generate web-traffic. There are free promotional methods that are included in the PIPS‘s 30 days training guide. Learn it, put it in action and consistency are the key to succeed in this business.

If you are looking for proven home business ideas and opportunities, Plug-In Profit Site is the best. Spare at least few hours a week onto PIPS, you will gradually working towards financial freedom. I hope by looking at both advantages and disadvantages of PIPS, you can make a better decision on whether or not PIPS is the home based business for you.

Recent Update on Plug-In Profit Site (PIPS)

Carbon Copy Pro has been added as a 6th Plug-In Profit Site income stream on the 20 January 2010 by Stone Evans. I don’t really recommend this program to all. It cost $39.95 just to get the basic information or so called Application Kit. To be honest, this is not the real cost of getting involved in Carbon Copy Pro. The required start up cost for Carbon Copy Pro is $2k. This is a very expensive program to join compare to other PIPS programs which are relatively low in maintenance/monthly costs. Again, it is completely up to you to choose which program you wanna join except hosting is necessary. You may skipped Carbon Copy Pro and you still have 5 passive income streams built within PIPS.

Important Update for Carbon Copy Pro: Another great news from Stone Evans. PIPS members are allowed to promote Carbon Copy Pro as an affiliate. Affiliate is free to join. I am very happy with this arrangement.

Passive Income is also known as residual income or recurring income. There are three (3) type of income streams that you may have coming into any business models.

Type #1: One time payment.

If you perform a one-time job, sale or perform a contract, you earn one time and the income ends there. You only earn an income for the work you done once. You are required to continue perform job, sale or get more contract in order to have continuous income.

Type #2: Linear income

If you work in a normal 9-5 corporate world, you earn a linear income. You are getting paid continuously as long you continue to work for your employer. This is the most common type of income that the majority of workers “enjoy”. Even if you are a professional like doctor, lawyer or engineer, you will only get paid as long as you continue working. You must have a good retirement plan or sufficient saving in your bank account before going for retirement. Your bank account will dwindles down after you stop working.

Type #3: Passive income

Passive income also known as recurring income. The beauty of passive income is your income is still continue even after you have discontinued working. For instance, a writer release a book and as long as the book continues to sell, the writer will still continue to receive royalty income for a work performed once.

If you look around, majority of rich and affluent peoples are created by passive income stream. The wealth creation is enormous by passive income. Take superstar Michael Jackson for instance; Even Michael has passed away, his family is still continues to receive royalty from the sales of his records made decades ago. The recording company can even repackage the same oldies and sell them to generate new income. He doesn’t have to be alive or present in the studio to record new songs in order to have the income keep flowing in! Recurring income stream is the most ideal form of income among the three. No one will resist to work once and get paid over and over again. That is the power of recurring income!

Previously, the majority of professionals that can enjoy passive income belong to the creative fields such as actors, writers, singers, and inventors. Unfortunately, not many of us are gifted with the these talents and let alone the opportunities to be in the lucrative industries. But time has changed the way it work in twenty-first century. There is one opportunity for any ordinary individual today to enjoy residual income. It’s none other than Network Marketing or Multi-level Marketing (MLM).

Network Marketing or Multi-level Marketing (MLM) allow you to build a network of distributors, referred to as your downline, and generate income outside of your own immediate effort. You are multiplying your own effort by the total of people within your network.

To generate good recurring income, the smarter approach is to build multiple recurring income streams at once. Plug-In Profit Site (PIPS) is my top recommendation. It has put together 6 proven home business income streams, all with residual income streams under one “roof”. The program will build a website for you FREE within 24 hours and let you build 6 multiple income streams at once with one afford. Your PIPS website is pre-loaded with 6 passive income streams, 400 pre-written email newsletters, proven marketing plan or training for you to duplicate and allow your home business to run on autopilot. Promote just one website with multiple residual income streams is the real power of leverage.