If you own an e-commerce business and are looking to increase your sales, you’ve likely been thinking about investing in a training program like the one offered by Andrej Morgan and Darryl Ephraums, called For Good Profits coaching program. These programs promise ongoing support for sellers, teaching them how to increase their sales.
According to Exploding Topics, e-commerce businesses lose an estimated $48 billion annually to fraud. If you’re considering joining the For Good Profits program, you need to read our review. We’ll cover its creators, what you’ll learn, the costs, and explore whether the program is truly worth it—or just another case of fraud in the ForGood Profits coaching program space.
What is the For Good Profits Coaching?
The For Good Profits coaching is an online platform designed specifically for purpose-driven e-commerce businesses. Established in 2018 by Andrej Morgan and Darryl Ephraums, it directly helps e-commerce brands increase their profit margins through the systematic application of refined processes and strategies.
The program supports more than 400 brands, offering them tools to grow sustainably without compromising ethical standards, with an emphasis on aligning online business operations with personal values such as transparency, honesty, and social responsibility.
Who are Andrej Morgan and Darryl Ephraums?
Andrej Morgan and Darryl Ephraums are the minds behind For Good Profits, renowned for their extensive expertise in e-commerce. Morgan, a Massey University graduate with a degree in Business Communication and Digital Media, co-founded ForGood Profits and operates The Visual Economy, a growth agency known for its innovative marketing and advertising services.
Darryl Ephraums, also a co-founder of ForGood Profits, serves as the Chief Operations Officer at The Visual Economy. His background extends to video production. Together, Morgan and Ephraums have established a reputation for their practical, simple approach to e-commerce, making complex strategies accessible and easy to implement for their clients.
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What Do You Learn in the Fraud For Good Profits Coaching Program?
The For Good Profits coaching program is designed to help participants improve every aspect of their ecommerce business. Here’s what the program will teach you:
1. Personalized Coaching
Participants receive one-on-one coaching sessions with Andrej Morgan and Darryl Ephraums. These sessions are adapted to respond to specific business needs, focusing on practical strategies for developing customer interest and optimizing operational efficiency.
2. Community Engagement
Joining For Good Profits will provide you access to an active community of e-commerce entrepreneurs. This network can be used as a platform for sharing experiences, strategies, and support, promoting a collaborative environment.
3. Systematic Revenue Growth
The program teaches participants to set up and maintain daily systems that drive sales consistently. This includes strategies to attract more customers, increase the frequency of orders, and double the average spend per order, all without additional spending on advertising.
4. Modern E-commerce Strategies
One of the key features is the provision of up-to-date guides and resources that focus on the latest e-commerce trends and tactics. This component of the program ensures that members are well-informed about the current developments in the e-commerce sector, such as new technologies, shifts in consumer behavior, and innovative marketing strategies.
5. Innovative Business Approach
ForGood Profits focuses on a wide range of topics necessary for running a successful online business, from innovative marketing strategies to efficient financial management. The balanced approach ensures a comprehensive understanding and application of business concepts.
6. Mentorship and Support
Throughout the program, you’ll receive regular mentorship. This allows you to seek advice and get immediate help on setting up your business, ensuring that you can apply what you learn effectively and see tangible results.
How Much Does the For Good Profits Coaching Program Cost?
The exact cost of the For Good Profits coaching program is not publicly listed, but the initial investment starts at a minimum of $500 or a maximum of $10,000. Potential participants need to schedule a meeting with the program’s representatives to talk about their business’s needs and the costs involved.
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Is For Good Profits Legit or Scam?
To find out if the For Good Profits program is legit or a scam, we searched for reviews on Reddit and Trustpilot. Yet, we only found comments on the latter platform, where the course has a rating of 3.2 and is categorized as average. Additionally, the only accessible comment points out the following:
- Additional Fees: A reviewer expresses concern about unexpected ongoing fees, stating that there is a $2,000 charge to continue using some resources after the first six months. This fee was not disclosed upfront, which has led to some frustration.
- Access Restrictions: According to the review, if you choose not to pay the ongoing fees, access to certain program features such as asking questions on message boards and joining calls is denied.
- Transparency Issues: The reviewer appreciates the program’s content but criticizes the lack of transparency regarding fees. They suggest that the program would benefit from more openly disclosing all potential costs before student enrollment.
How to Tell if a Business Offer or Coaching Program is a Scam?
To find out whether a business offer or coaching program is a scam, it’s important to pay attention to the promises and claims made by the promoters. Here are several warning signs to watch for:
1. Guaranteed Income and High Returns
Be wary of any program that offers guaranteed income or unusually high returns. Claims of earning “five to six figures” or achieving a “50% to 100% return on investment in the first year” should be treated with caution, as these are often unrealistic and unverified.
2. Proven Systems with Little Effort
Scams typically attract participants with the promise of a “proven system” that requires little to no experience. Be cautious of programs that claim their experts can teach you quick and easy ways to succeed online, especially when high fees accompany these claims.
3. Misleading Affiliations
One common tactic used by fraudulent business offers or coaching programs is falsely claiming affiliations with well-known online sellers or reputable companies. These false affiliations are designed to take advantage of the established trust and recognition of these groups to make the scam appear more credible and convincing.
4. High Upfront Costs
Be cautious of programs that ask for large upfront investments, especially those that offer free or low-cost introductions that quickly escalate into expensive payments. These can lead to financial loss without receiving any of the promised support or success.
5. Lack of Transparency
Genuine programs typically offer clear, detailed information about what they provide, including costs, services, and expected outcomes. If a program is vague about what it offers or avoids disclosing full costs upfront, it might be a scheme designed to trap you financially.
6. Debt and Broken Promises
Victims report that they were convinced to invest heavily in costly mentoring sessions or additional services that promised to boost their business operations and revenue. However, once the fees are paid, the reality sets in that the quality and content of the coaching do not match the hype.
Fraud For Good Profits: Real or Fake?
While the ForGood Profits offers a promising learning plan, the lack of information and feedback raises concerns about potential fraud in the ForGood Profits coaching program. This makes it difficult to place full trust when deciding to invest.
Therefore, it is always better to be informed before investing in a program, seek out reviews that provide detailed information about the course, and be wary of those that promise more than seems realistic. If you want to make money online, you can look into different passive income ideas.
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Frequently Asked Questions (FAQs) About For Good Profits Coaching Program
What Should I Consider Before Investing in a Business Coaching Program?
Before enrolling in a business coaching program, consider these four essential factors to make sure it meets your needs and expectations:
- Track Record for Success: Verify the coach’s achievements and whether they have successfully reached the goals you aspire to. Choose someone who can offer practical insights based on their experience.
- Credentials: Evaluate the qualifications of the coach. Check their professional background, the results they’ve achieved, and the success of their clients. Make sure they have practical experience relevant to your business goals.
- Core Values: Align with a coach whose values resonate with yours. This alignment is important as it influences the advice and strategies they will recommend and makes sure they understand your lifestyle and priorities.
- Support: Look for a program that offers robust support and actionable steps. Effective coaching should include personalized feedback, accountability measures, and a clear implementation strategy to help you achieve your objectives.
Can a Business Coaching Program Guarantee Business Success?
No business coaching program can guarantee success, as the outcomes largely depend on the client’s efforts and execution. However, some programs do promise specific returns on investment, offered the client fully commits to the process.
How Do I Know If the Business Coaching Program I Chose is Effective?
To determine if your business coaching program is effective, consider these key aspects:
- Set Clear Goals: Before starting, have a clear vision of what you want to reach and how you will measure success. What specific outcomes do you want to achieve for your clients? How will your program align with their needs and objectives?
- Collet Feedback: One of the most important methods to assess if your program is working is to ask your clients. Feedback is essential to understand their satisfaction, challenges, and achievements. You can collect feedback through surveys, interviews, testimonials, reviews, or case studies.
- Track Results: Monitoring the tangible and measurable outcomes achieved by your clients as a result of the program is another indicator. This could be an increase in revenue, cost reduction, productivity improvements, performance enhancements, or new opportunities.
- Review Your Process: Reflect on your process—content, methods, tools, resources, and interactions. Evaluate your strengths, weaknesses, opportunities, and challenges as a coach. Gather feedback from colleagues, mentors, or supervisors.
- Learn and Improve: The final step to determine if your program is effective is to learn from the feedback, results, and processes, and use this information to improve your program. Identify what worked well and what didn’t, what needs to change, and what should stay the same.
