Is Evergreen Wealth Formula a Scam? The Reason I Left.

I wanted to give Evergreen Wealth Formula a good review, so I bought it for the $197 and after seeing what it taught, decided to leave. What went wrong? Was it a scam?

Well let me just say that I believe some of the training in this program could be construed as extremely unethical and you’re going to see why when I reveal what I learned and why I decided NOT to use the training…

Quick report on Evergreen Wealth Formula:

evergreen wealth formula review

Name: Evergreen Wealth Formula (2.0 actually) by James Scholes. 

Price: $197 for INITIAL access to the program. Then you have a really pushed upsell for $147. 

Overall Rating: 3 out of 10 stars.

Being a gullible guy who principally has to pay for programs to review them, I decided to fork out the $197. What follows is my experience with James program and it’s not the best one…

In short, this program is has in my opinion a FEW good ideas that people can use to generate traffic/leads and make money, however, there’s several elements within the program within which these same good ideas are in my opinion used in a very unethical way like I said before and specifically what I found to be unethical about this program was the training on doing things…

I mean seriously, this dude endorses and teaches creating fake accounts and copying content, both of which I am against. But I’ll get to the details of where and how these 2 elements are taught in Evergreen Wealth Formula. 

So do I recommend Evergreen Wealth Formula?

Honestly, no. I prefer this:

The bottom line: I will not call Evergreen Wealth Formula 2.0 a scam, but I will also not recommend it due to the issues I’ll explain.

Before I get to the review, first let me get this out:

A personal message to James and a disclaimer…

When I first found this program, I looked through the sales page and saw an important message by James at the bottom. Here is the screenshot:

evergreen wealth formula wealthy affiliate

The reason I put up Jame’s message was because that link in the screenshot above goes to a blog post written by James. On that blog post, James talks about how there are negative reviews being written up by many bloggers about his program.

Those negative reviews point to a program those bloggers are selling, which just so happens to be the same program I recommend to people on my site: Wealthy Affiliate.

The thesis James makes in his blog post is that people are purposely writing up negative reviews about his Evergreen Wealth Formula in order to push Wealthy Affiliate (here’s why people do this, and I do not endorse it). 

Now that I’ve said that, let me make a 5 points…

And these points are to you, the reader and to James (and then I’ll get on with the review):

1) There is 1 point I agree with James on…

James, I read your blog post on that topic and I totally agree with you when it comes to people doing negative reviews without actually reviewing the program they are bashing. It is an unethical practice in affiliate marketing and I completely disagree with this form of marketing. 

Nobody wants to have their hard work be bashed, especially if it’s done in a cheap, deceptive way.

2) I purchased the program because I wanted your program to get that fair review.

It sucks to have people who don’t actually buy your program say bad things about it. Sometimes I don’t buy every program I want to review either, but that is in cases when it’s just too expensive or there’s clearly red flags showing me there’s a scam coming.

With Jame’s program, I didn’t see the red flags, but I did see the message trying to make a point about how there’s unfair reviews happening, so that pushed me to buy the program.

Here is the proof:

evergreen wealth formula purchase proof

3) The first disappointing surprise I was hit with after buying the program…

Upon making the purchase I was hit with an upsell for $147:

While I did not buy this one and will not “discount” it as being bad until I truly see it, from my point of view, asking me to invest $300+ to someone I don’t know is the type of marketing I am completely against. 

I very much dislike upsells like this being pitched after I just spent so much money. So what I want to say here is that I am going to ONLY review Jame’s $197 program a bit below, neglect the up-sell and if I believe that the $197 program does not warrant that investment, I will request a refund. 

4) Regarding Wealthy Affiliate and the message James put out about them…

Right away I want to say that this program is the one I recommend to everyone. I have been with them for over 10 years and have made full time income generating websites. 

Here is one of the many reasons Wealthy Affiliate is legitimate. And to my final point:

5) Wealthy Affiliate’s training does NOT endorse that people “bad mouth” other programs.

I say this because I am a prime example of their training. I provide fair, honest reviews and it is because of this that I am one of their leading affiliate marketers

Now that I’ve listed these 5 points, let me get to the official review.

What happened after I purchased and looked inside Evergreen Wealth Formula:

So after looking at the training and seeing all the videos, here is the best way I can explain how this program works and teaches you to make money…

First:

You create a website with the sole purpose of collecting emails from which you then sell products to the subscribers.

Second:

You then fill that site up with either your own content or copied content.

The reason is you want incoming visitors to trust you so when they see good content there, it gives them a reason to stay and sign up to your email newsletter,

James allows you to copy content from his blog to put on yours, but there’s others where if you do this, you’re literally just copying and pasting without consent (Ezinearticles.com is an example). So if you’re going to do this, please use your own content…

Even if you’re an unethical person, copying content to your site will destroy it’s rankings, even if you use Jame’s content. “Luckily” the bulk of training within Evergreen Wealth Formula is NOT SEO. 

Third:

James provides you with follow up emails and training pages to send to people who visit your site. For example, he has training on making money online that you send out as lessons daily to people who sign up to you over, I believe a 16 day period.

When people follow that training, at the end of that “funnel” you are going to sell them something. The free training is meant to keep them hooked and trusting you.

The training modules you can give can be either copied ones James gives you or edited to fit whatever niche topic you choose (typically this will work better for make money online topic, otherwise, you’ll have to write fresh content making Jame’s training modules essentially useless).

Fourth:

Finally, the traffic part. You obviously need traffic to make this whole formula work and the way James teaches you do this is several ways:

A) You create fake aliases (Yes I said fake, this is literally mentioned in the training if you don’t believe me).

B) You sign up with multiple social network places (Pinterest, Twitter, FB) with EACH of the aliases you create.

C) You then join groups in the social networks such as FB which fit your niche. So for example make money online groups on FB.

D) You post from each alias on each group to funnel the community from those groups back to your social network page, then ultimately back to your website you made in step 1 above, which then leads them to sign up, run through the 16 day sales funnel and make the sale. 

The more aliases you make and the more you post with each alias to each page you join on FB, the more exposure you have which can funnel potentially more traffic from each fan page back to yours and your site.

E) You scale this by making more aliases through the steps James provides. You even use fake images and names. Some would classify these things as blackhat

F) There is a section on YouTube training which I would say is the “only” SEO part of the program. You simply find keywords on Google’s keyword tool and make videos targeting them, then naturally funnel them back to your site.

G) There is also a section on doing solo ads, where you buy traffic. But if you read that link on solo ads I put up, you’ll see why this can be a huge waste of money!

In short:

Most of these tactics are what I would consider spam (multiple fake aliases) and duplicating content, with the sole purpose of amassing as much traffic back to your site as possible to essentially get as much of that traffic to subscribe to you and then for you to ultimately make money selling whatever it is you’re selling.

But when I see stuff like this, it just repels me:

Pros of Evergreen Wealth Formula (There are 4): 

1) There are detailed instructions throughout the program.

2) James responds to everyone’s questions thoroughly.

3) I like the idea of joining FB groups to get the word out on your product/site, but I DO not agree with spamming these groups with fake names and FB pages.

4) The training is pretty organized. You’re looking at essentially 6 modules of training with well over 30 lessons altogether, although a huge chunk of them involve setting up accounts and organizing all your aliases, messages. Here’s an inside look:

evergreen wealth formula 2.0 members area

Cons of Evergreen Wealth Formula (There’s 6):

1) There’s really no actual SEO training. Some people may disagree with me here, but I find SEO to be one of the more safer/cheaper and even free ways to get traffic to your site.

2) The whole idea about duplicating content is NOT good. It’s cheap, lazy and like I said before, it’ll destroy your site with Google. While James is OK with you copying his content (make money online topics), the best thing you can hope for doing this is that his methods I pointed out above work.

3) I really, really dislike the whole element of making fake names, getting multiple sim cards, making fake users and using images that aren’t you. In the first section of his training, James talks about trust from subscribers in providing them good training throughout their 16 day subscribing feed.

Yet, when you do this through fake names, it’s totally contradictory. I cannot stand behind this. If you’re going to make a business, stand by it. Show your face. I do that on this blog and you can get my info here.

4) It’s just too expensive. For the type of information there, I would not charge more than $50 for this stuff. Yes there are many videos and training, but a lot of is just not the type of stuff I agree with.

5) There’s a lot of spam like behavior which passes for “marketing” in this program. What else would you call posting to relevant channels on FB with fake aliases over and over to bump up your message for the groups followers? 

6) I made an earlier point about how if you used the free training lessons James gives you to provide to your subscribers, that if your topic of choice is NOT making money online, but something unrelated, such as health, these training videos are useless. People interested in health will have no interest reading about making money online.

Those pre-made training lessons you give out for free will be useless and you’ll just have to redo them yourself. 

Final Rating: Evergreen Wealth Formula 2.0

 Yellow Flag

3 out of 10 stars. If you can use part of the formula in a less “questionable” way, I suppose you can potentially make money with this program, although I won’t lie, I do believe you can make money if you follow the system, I just personally think it’s unethical in multiple areas. 

Ultimately though, I cannot recommend this program and feel there’s better ways (through my own knowledge of this business) to actually do this sort of work.

My final thoughts: 

When I wrote my 5 points and message to James, it was before I had fully looked through the program. I sincerely felt for the guy in that there were people, without actually looking into his program, giving it bad reviews.

But as someone who HAS looked through it and paid the huge price for it, I can give you a credible review here and personally say I am not a fan of the Evergreen Wealth Formula. 

The ONLY 2 parts I liked and would be interested in personally exploring was the advice on FB groups and posting there and the YouTube advice he gives, which in all honesty, is common sense. Absent those sections, the rest is just not my style of doing business. 

Final message to James: 

James I wish I could have given you a good score, but I just can’t. I still stand by Wealthy Affiliate and it being better. I will be requesting a refund for the $197, I just don’t think your program is worth that amount and the things it teaches are not a transparent way to do business, sorry.

And before you say that I purposely paid for the program with the “intention” to refund it, you are mistaken. I’ve purchased and kept similarly expensive and more expensive programs in the past if I felt they were worth their price. I don’t believe your Evergreen Wealth Formula 2.0 is worth the current price. 

20 thoughts on “Is Evergreen Wealth Formula a Scam? The Reason I Left.”

  1. Hey thanks for replying. As you said it is possible to make money with this. One more I thing I wanna know is if someone can make a full time online income with this formula?
    And also can I make full time online income with Wealthy Affiliate too or not?

    Reply
    • 1) I don’t know if you can make a full time income with Evergreen Wealth Formula. Even if it was possible, I wouldn’t do it because of the ethics issue I see there.

      2) Yes you can make a full time income with WA and there are plenty of Wealthy Affiliate success stories to prove that.

      But before you go ahead with whatever program, I honestly think you’re grasping at one straw and that is making money, not considering the other factors. You can make a full time income online, that much I can tell you, but I have seen many people fall down along the way who have chased the money, without actually putting in the honest work.

      It’s not just about making money, it’s about building an honest business, and that is what makes you money. In my opinion, Wealthy Affiliate teaches that which is why I recommend it.

      Reply
  2. Hey

    1) Did you got your refund for evergreen wealth formula?

    2) And also do you think training taught in this course is worth implementing? I mean can someone really make money with this training?

    Reply
    • 1) Yes, I did get the refund, but I forgot if it was directly through the program or a dispute.

      2) I think you can make money with this program, but in my opinion, your best bet at making a legitimate online business is being authentic and I honestly don’t see much of that with this program. If you look at online business as a means of only selling, you will fail. If you look at it from a point of view of legitimately helping people on a subject you know about, then it can work.

      I think Wealthy Affiliate, the competitor to Evergreen Wealth Formula, would be a better option.

      I gave this program the benefit of the doubt, but I did not like what it showed me to make money online.

      Reply
  3. Fake aliases, and duplicate accounts, that’s actually part of the training? Why does he not understand that some might have a problem with that? In fact isn’t that unethical? Isn’t it a shame that so many companies have given the industry a bad name? I left Wealthy Affiliate the time around myself but I’m back. We have our work cut-out for us letting people know that there are some honest people out there.

    Reply
    • Unfortunately, it is part of the Evergreen Wealth Formula and I was shocked to see this stuff being pushed, it’s so disingenuous in my opinion. Glad to see you’re back in WA!

      Reply
  4. Yes, I promote Wealthy affiliate because I know the owners are honest and open about the program. Yes, I write reviews and if the program is honest I compare it with WA. If the program is not honest I use it to highlight the benefits of WA. To me, WA is the safe zone. It also has enough faith in the program to believe people will sign up once they have taken advantage of the free trial. Not many programs will do that. I do sign up for the programs if they are on ClickBank because I know I can get my money back if it is a scam. I do not throw money into their scam pit because that money keeps them online.

    Reply
    • We basically have the same idea about this whole topic of promoting programs Margaret. I’m fairy certain that the reviews you write on other make money programs would also be held to the same principals. 

      Reply
  5. I saw his blog post about the “haters”, and agreed with him that it’s a pity people are writing fake reviews. So, thanks for risking your $197 Vitaliy!

    I honestly thought that it would be a good program, because I saw some positive reviews of it in the past. But from what I read here, it seems like the program is stuck in the “make money at all costs” era of online marketing, while much of us have discovered that a business doesn’t thrive long if you don’t provide true value.

    I prefer to see people building websites in all types of niches, because there are so many diverse products you can promote online.

    Reply
    • I can hardly believe that this is the 2.0 version of the program Nate. Who knows what James taught in the original but you are right, there is really no pride/shame in how the money is made, and like I said before, it is SO contradictory to talk about trust and then do this stuff…

      Reply
  6. Wow..this is great insite. It is such a shame to me to see these kinds of programs, because when people fall for these and are disappointed by the business models, it makes them shy away from the other programs that actually use pretty good business models. There is so much of this out there. I do agree that you do have to spend some money to make some money, and must continue to invest in yourself to grow, but I have found that it does not have to be expensive at all. The cheaper programs, with my experience so far, have been the better.

    Reply
    • Well Wealthy Affiliate is certainly one of those good ones, but I will have to disagree on one point and that is that in my experience, MOST of the programs out there are bad in this industry and/or at the very least low quality and I do not blame people from being hesitant to buy anything because in terms of probability, they will likely stumble onto either a low quality program and/or a scam most of the time, so it will be natural for them to think that everything out there is bad. But this is why I review products like Evergreen Wealth Formula, among many others and help people get away from this if it’s bad.

      Reply
  7. Thanks for the insight to Evergreen, I’ve been looking for an online business for some time. At one time I looked at Wealthy Affiliate, although I could not get any one to give me an honest projected income stream to expect, just give me a hint. It sounds like a solid program, I had owned my own businesses all my life so I am used to building a business, thanks.

    Reply
    • Hi Robert, I will answer this question shortly, but let me ask you first, when you owned 1 or any of your businesses and someone asked you prior how much you expected to make, were you able to give them an answer? I have a feeling, it was more of an estimate at best and that’s because in business, limitless factors make up the income of your business. It is simply not a salary based income, but one that is based on how much money it makes through your work, your customers coming in, ect…

      In the case of WA, I made 70k from it last year and that’s an individual answer, not one everyone can expect to have or get. And you have the option of not promoting it and doing something else, which I happen to do on other websites, and that income also varies, because in online business, as you’ll come to see, it changes very rapidly and quickly, but you can reach a stable income level, which to me is about 4-5k/monthly at the moment if you keep doing the work WA teaches you to do. I hope this helps!

      Reply
  8. Hi Vitaliy,

    Thanks for doing a proper review here and shedding light on these unethical systems people are selling. I actually remember not too long ago nearly buying into Evergreen, fortunately I didn’t have the cash at the time so I was lucky. I would NEVER use the underhand tactics that this guy advises. 

    Reply
    • Well I would say you saved yourself a lot of money Stefanie. Too many people blindly pay this kind of money or even more into programs who don’t earn their trust, but hype their claims and that typically is what gets the sale. I don’t approve of those types of tactics.

      Reply
  9. Great review.

    Thank you for taking the time to investigate this system. It is quite unfortunate how many of these programs are out there that don’t necessarily have a foundation of integrity. It sounds like there were a couple of decent points but for me, it isn’t worth investing that much money.

    Reply
    • Integrity is an interesting word in context of this program Steph. How much integrity can someone have if they go around making fake profile pictures, names and fan pages, all to attract customers that they then seek to gain trust from? It’s not a legitimate way to run a sales funnel in my opinion.

      Reply
  10. Good for you, I totally agree that too many people do reviews without any real substance of the actual program they are reviewing. You can only get a real feel for a program once you sign up. (At least the Wealthy Affiliate program you talk of, it has a free signup so you can check it out before buying). When I read that you copy and paste content from other websites I was immediately alert. Why would you do that? Duplicate content, it’s a no no. Thanks for the due diligence and a proper review.

    Reply
    • Hi Nigel, as I said in the review, the program is NOT geared toward SEO, only social media marketing basically, although with the way the program works, potentially destroying an entire layer of marketing for your site (via copying and pasting and getting punished by Google) is already a bad way to start an online business.

      Reply

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