Neil Waterhouse offers the "Waterhouse Report", a report designed to give you information that's necessary to start your home business successfully and with no money. According to this report you just need to work for 1 hr a day to earn income over $5000.

Neil Waterhouse says that he has interviewed hundreds of successful home based business entrepreneurs. He also claims that he himself tested more than 350 home based business opportunities. With this kind of experience he claims to give you shortlisted home based business opportunities that are genuine.

I enrolled for Nail Waterhouse program and bought Waterhouse Report for $27.00. Initially it looked interesting but as I flipped the pages I knew I had wasted my money. There is nothing great in his report.

It vaguely explains how one can become wealthy. His explanations are confusing and he tries to combine to methods into one to become rich.

His first plan towards becoming wealthy is to ‘write your own e-book and sales letter' and sell it to visitors of your website. In his report he explains how to write e-book and sales letter. This looks very general and very common for me.

He says you can create sales letter by taking 5-6 sales letter from different sources and copy and paste the things you like most from each one of them so ultimately you end up with a good sales letter. This does not help you learn anything.

For writing e-books, his book advices you to write about something that you know about or copy from internet or hire a writer to write it for you. Ultimately you need to have an e-book and sell it from your website.

Some of the tips given look so simple like how to give spacing, how to align etc, the book functions more like an easy writing tutor instead of a business tutor.

The other plan towards becoming wealthy is how you can start selling small things on e-bay and other sites and slowly move on to capture the market and sell bigger and better products.

The report tells you to find out the products that are sold at a discount rate and are worth more than the market price so that you can sell it for more.

He says somehow you should buy items either with your money or by selling your belongings or your friend's belongings so that you can sell in the future to make profit. I don't know about you but I wouldn't have any friends if I started selling their belongings on e-bay.

Once you make some money in this kind of transaction he again tries to upgrade your membership so that he can sell other products to you. Some of his suggestions are very misleading that will prompt you to spend more.

For example he will ask you to register for a service called WordTracker to find out what people are looking for on the internet. This service comes with a monthly charge, in which Neil will also get a cut. The point here is that there are other services which gives same result as WordTracker at lesser price or free of cost like GoodKeywords but he never mentions that in his program.

In my opinion he is more interested in selling his products than upgrading your skills or showing you the path to success with a home based business.

There are couple of fake websites which are managed by himself and his affiliates which mentions only good things about Waterhouse Report.

If you want you can try posting negative about him to only see that your blog is removed within 24 hrs. A couple of these sites are Largestdownload.com and One-Review.com.

I am tired of all these fake programs. I don't waste my time and energy investing money into these kind of programs anymore. I have found a program which is genuine and time tested that can change your financial life style.

If you are interested Click Here for the Info.

Neil Waterhouse has threatened to sue me unless I take down this article. He has put up a false advertisement saying that he has begun to take legal action against me but as of now that has not happened. I have asked Neil to list the things about this article that he believes are false regarding his product but he has chosen not to do so (possibly because it's all true). I will keep you guys updated.

Largestdownload.com - Fake blog posts created by Waterhouse Company or one of their affiliates. To reaffirm this just post anything remotely negative regarding the Waterhouse Report and it will be deleted with 24hrs.

Best Wishes,

P.S. If you would like to see my tried and proven method where you can create a reliable income from the comfort of your own home then Join Below, and I will send you my exclusive report instantly.