Earnings Disclaimer
We have made absolutely every effort to accurately represent this product and its potential. Despite that effort, tthere is no guarantee that you will earn any money using the techniques and ideas in these materials. Examples in these materials are not to be interpreted as a promise or guarantee of earnings. Earning potential is entirely dependent on the person using our product, ideas and techniques. We do not purport this as a get rich quick scheme – the techniques are proven but their capacity to create wealth is based purely on the determination, commitment and willingness of the individual concerned.
Materials in our product and our website may contain information that includes or is based upon forward-looking statements within the meaning of the securities litigation reform act of 1995. Forward-looking statements give our expectations or forecasts of future events. You can identify these statements by the fact that they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning in connection with a description of potential earnings or financial performance.
Any and all forward looking statements here or on any of our sales material are intended to express our opinion of earnings potential. Many factors will be important in determining your actual results and no guarantees are made that you will achieve results similar to ours or anybody else’s, in fact no guarantees are made that you will achieve any results from our ideas and techniques in our material.
ANY EARNINGS OR INCOME STATEMENTS, OR EARNINGS OR INCOME EXAMPLES, THAT MAY BE MADE ON THIS SITE ARE ONLY ESTIMATES OF WE THINK MAY BE POSSIBLE TO EARN. THERE IS NOT ASSURANCE YOU’LL DO AS WELL. IF YOU RELY UPON OUR FIGURES, YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
WHERE SPECIFIC INCOME FIGURES ARE USED, AND ATTRIBUTED TO AN INDIVIDUAL OR BUSINESS, THOSE PERSONS OR BUSINESSES HAVE EARNED THAT AMOUNT. THERE IS NOT ASSURANCE THAT YOU WILL DO AS WELL. IF YOU RELY UPON OUR FIGURES YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
ANY AND ALL CLAIMS OR REPRESENTATIONS, AS TO INCOME EARNINGS ON THIS WEBSITE, ARE NOT BE CONSIDERED AS AVERAGE EARNINGS.
THERE CAN BE NO ASSURANCE THAT ANY PRIOR SUCCESSES, OR PAST RESULTS, AS TO INCOME EARNINGS, CAN BE USED AS AN INDICATION OF YOUR FUTURE SUCCESS OR RESULTS.
MONETARY AND INCOME RESULTS ARE BASED ON MANY FACTORS. WE HAVE NO WAY OF KNOWING HOW WELL YOU WILL DO, AS WE DO NOT KNOW YOU , YOUR BACKGROUND, YOUR WORK ETHIC, OR YOUR BUSINESS SKILLS OR PRACTICES. THEREFORE, WE DO NOT GUARANTEE OR IMPLY THAT YOU WILL GET RICH, THAT YOU WILL DO WELL, OR MAKE ANY MONEY AT ALL. THERE IS NO ASSURANCE THAT YOU WILL DO AS WELL. IF YOU RELY UPON OUR FIGURES, YOU MUST ACCEPT THE RISK OF NOT DOING AS WELL.
INTERNET BUSINESSES AND EARNINGS DERIVED THERE FROM, HAVE UNKNOWN RISKS INVOLVED, AND ARE NOT SUITABLE FOR EVERYONE. MAKING DECISIONS BASED ON ANY INFORMATION PRESENTED IN OUR PRODUCTS, SERVICES, OR WEBSITE, SHOULD BE DONE ONLY WITH THE KNOWLEDGE THAT YOU COULD EXPERIENCE SIGNIFICANT LOSS, OR MAKE NO MONEY AT ALL.
ALL PRODUCTS AND SERVICES BY OUR COMPANY ARE FOR EDUCATIONAL AND INFORMATIONAL PURPOSES ONLY. USE CAUTION AND SEEK THE ADVICE OF QUALIFIED PROFESSIONALS. CHECK WITH YOUR ACCOUNTANT, LAWYER OR PROFESSIONAL ADVISOR BEFORE ACTING ON THIS INFORMATION.
USERS OF OUR PRODUCTS, SERVICES AND WEBSITE ARE ADVISED TO DO THEIR OWN DUE DILIGENCE WHEN IT COMES TO MAKING BUSINESS DECISIONS AND ALL INFORMATION, PRODUCTS, AND SERVICES THAT HAVE BEEN PROVIDED SHOULD BE INDEPENDENTLY VERIFIED BY YOUR OWN QUALIFIED PROFESSIONALS. OUR INFORMATION, PRODUCTS AND SERVICES ON THIS WEBSITE SHOULD BE CAREFULLY CONSIDERED AND EVALUATED, BEFORE REACHING A BUSINESS DECISION, ON WHETHER TO RELY ON THEM.
YOU AGREE THAT OUR COMPANY IS NOT RESPONSIBLE IN ANY WAY FOR THE SUCCESS OR FAILURE OF YOUR BUSINESS DECISIONS RELATING TO ANY INFORMATION PRESENTED BY OUR COMPANY, PRODUCTS OR SERVICES.
*For testimonials, names and businesses may be changed to protect our customers trade secrets and business models.
Income Disclosure of Student Success Survey
The following information presented for compliance in disclosure of student earnings as per FTC guidelines.
$1,057,143,592 Claim
In 2021, we stated that our students have collectively generated $1,057,143,592 in sales on Amazon in their lifetimes. While not technically an earnings claim, as sales/revenue is not indicative of income or profits earned, we feel that it is in good faith to generate an earnings disclosure along with this claim.
How This Data Was Gathered
In December 2020, we emailed a survey to our 4,782 members of The Wholesale Formula program. That survey asked for students to disclose at their own discretion their name, email (to verify course ownership) and lifetime Amazon sales to date. Another 6 responses were also gathered via outside methods including personal outreach via text message, Facebook messenger, email, etc… Records of both the survey and personal outreach are kept at Ascension Consulting.
Student result numbers quantified: 960 students of our 4,782 active at the time of the survey responded to the survey and personal outreach with their sales totaling $1,057,143,592.
Students that responded on average generated $1,101,191 gross sales on Amazon.com in their lifetime. And it is to be clear that these results do not represent typical success, as 3,822 students did not respond to the survey. If we are to assume that all 3,822 students who did not see or respond to survey achieved $0 in lifetime sales, however extremely unlikely, then the average gross sales per student would be $221,067.
Over $500,000,000 Claim
In 2018, we stated that our students had collectively generated over $500,000,000 in sales on Amazon in their lifetimes. While not technically an earnings claim, as sales/revenue is not indicative of income or profits earned, we feel that it is in good faith to generate an earnings disclosure along with this claim.
How This Data Was Gathered
In June of 2018, we emailed a survey to our 2,357 members of The Wholesale Formula program. That survey asked for students to disclose at their own discretion their name, email (to verify course ownership) and lifetime Amazon sales to date. Another 22 responses were also gathered via outside methods including personal outreach via text message, Facebook messenger, email etc… Records of both the survey and personal outreach are kept at Ascension Consulting.
Students that claimed over $2.5 Million in lifetime revenue were followed up with personally by our team to verify their claim was accurate as they reported it on the survey, and that they understood the question as asked. Any erroneous claims were removed from the calculation.
Student result numbers quantified: 421 students of our 2,357 active at the time of the survey responded to the survey and personal outreach with their sales totaling $510,397,441.
Students that responded on average generated $1,212,345 gross sales on Amazon.com in their lifetime. And it is to be clear that these results do not represent typical success, as 1,936 students did not respond to the survey. If we are to assume that all 1,936 students who did not see or respond to survey achieved $0 in lifetime sales, however unlikely, then the average gross sales per student would be $263,635.
Access To Data
Legal bodies and entities such as the FTC may request written proof of these claims to dan@thewholesaleformula.com along with access to all software and platforms where that data was gathered and stored, including access to personal information of the students surveyed. Prospective buyers of The Wholesale Formula can submit for written proof of these earning claims as well with names and other explicitly identifying information redacted for the sake of student privacy.