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I am stuck in a (new) office, recently married separated, laid back, seeking adventure, and dreaming about living life one day instead of working
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Name: Russ
Location: San Diego, California, United States

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Monday, September 10, 2007

A passive income experiment

Ok. Generally I would never do this, and think people who typically do this are idiots. However, I have done a fair amount of research, and it seems that there is no real reason not to share this.

I came across a company called Agloco today, in which by becoming a member you get "paid" to surf the web. I know it sounds ridiculous. There are some catches which I will explain, but none that stopped me from signing up. What the hell, I am curious.

Basically, the company operates under the premise that you personally don't have to buy anything or spend any money to reap the benefits of their program. However, inevitably, some people will, and their entire community stands to gain. What this means is you have their toolbar open while you browse the web and you accumulate hours while you do your plain old web browsing. Somehow then your surfing time will be translated into money. Ads are delivered to the toolbar, and like how most online advertising works, Agloco is getting paid to host these ads, thus they are making money for doing nothing, then are going to share this profit with their members. So even if you don't click the ads or buy anything, some people will. How this works or what the payouts are I'm not sure, they are sort of vague about that, but the reality is even if it doesn't pay out, I have lost nothing. If it does, then sweet. It doesn't seem that anyone has been paid any money yet, so far they are just accumulating these surfing hours, which will hopefully one day be translated into cash.

I've read scam pages about this, googled a lot about it, and while they do say this premise isn't a solid one, and it isn't as great as some people are thinking, the collective feeling is that there really aren't any reasons not to give it a shot. Basically the risk-vs-reward is minimal. Nothing to lose. Also, some fairly reputable bloggers are endorsing it. Obviously, they are endorsing it because they stand to gain immensely, but whatever, I'm on the free money, passive income bandwagon. I caught wind of this on Steve Pavlina's website.

The other thing is that they "cap" maximum surfing hours at 5 per month as a means to eliminate people who are trying to scam the system by creating bots. However, as each person you refer surfs, you accumulate "hours" based on their hours as well as your own. It's sort of pyramid scheme-ish, the more referrers you accrue, the more hours you will get, and their referrers also trickle down to your hours, but the reality is that nothing is being sold and I'm not losing any money... So I'll go with it.

So, if you want to give it a shot, check it out. Be my referrers. Obviously I understand why you'd be hesitant, I was, and still am, but what the hell. Even if they go bust and worst case scenario, someone steals my info, what's the worst that will happen? I'll get a few extra spam messages in my email? Who cares, right?

Here is my referrer link. Feel free to let me know if you think I am crazy

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