Millionaire Mentors Alliance Review. Is it a High Ticket Scam?
Wow, it’s been a very long time since I reviewed a excessive ticket program as costly as Millionaire Mentors Alliance is. But is it’s value a sign it’s a rip-off?
Well not likely, there’s a lot of applications on the market which value a lot of cash to affix and there are occasions you may justify that pricing. But particularly within the case of THIS alternative (Up to $50,000+ funding), I don’t suppose you may and I’ll NOT suggest it.
Here’s what this evaluate goes to clarify:
I’ll begin by explaining the overview of this system and what it can value to affix (there’s completely different ranges).
I’ll clarify the chance.
Why there’s WAY extra cons to Millionaire Mentors Alliance for my part
I’ll clarify if this program is a pyramid scheme or legit.
And lastly, I’ll clarify WHY I don’t suggest this program, why, and what’s higher.
Millionaire Mentors Alliance, the fast report:
Creator: To be trustworthy, this wasn’t displayed. The gross sales web page tells you to contact a Carsten, however there’s no image of him, or footage of any of the creators, simply testimonials.
Prices: WOW, it’s been awhile since I’ve seen excessive ticket applications value this a lot.
Take a deep breath people, as a result of there’s 7 progressively costly excessive ticket packages you should buy, ranging from $500 all the way in which as much as $50,000.
There are administrator charges with some (if not all) of the degrees. Here is an overlook:
Bronze Level: $500 + a $195 price.
Silver Level: $2,000 + a $198 price.
Gold Level: $three,500 + a $298 price.
Platinum Level: $7,500 + a $398 price.
Diamond Level: $15,000 + a $448 price.
Elite Level: $25,000 + a $498 price.
Empire Level: $50,000 + a $1,498 price.
Now every degree you buys qualifies you to re-sell on that degree and I can be explaining the four methods cash might be made via this program shortly beneath.
What do you get from every degree? Besides the chance to re-sell it in limitless quantities and make excessive ticket commissions, I assume every degree comes with it’s personal web advertising coaching that will help you use it to promote this stuff to different folks and make commissions.
Overall Rating: zero out of 10 stars.
There isn’t any approach I can suggest this program. Not for the $500 entry, nor the best tier degree both.
This type of program is extraordinarily, financially dangerous particularly for individuals who can’t afford to spend the type of cash every degree requires.
I additionally imagine MOST individuals who attempt to become involved with this program, particularly with the upper ranges may have a lowered probability of success, so if you happen to’re not able to lose the cash you pay in, that is NOT a program I’d go into.
I additionally really feel like this MAY be a excessive ticket scheme the place the extremely excessive prices don’t justify the coaching/program/alternative you get, so it MAY be a pyramid scheme.
Millionaire Mentors Alliance. The in-depth evaluate:
So on the floor, Millionaire Mentors Alliance is being pitched as a nice alternative to make extraordinarily excessive commissions on promoting a number of of their 7 degree packages.
The approach this program is designed, the extra/larger degree packages you purchase, the extra you’ll be able to earn from promoting them. You “only” want to purchase one degree package deal to then turn into eligible to re-sell it as many occasions as you want.
There are general four methods to earn cash with this program:
1) You purchase any degree package deal, then make 100% commissions reselling it. This is mainly direct gross sales.
2) Then there’s qualifying gross sales. In this mannequin if you happen to refer somebody into this system, the primary sale THEY make will get handed as much as you.
three) Then there are “pass up sales”. Now on this mannequin, if you happen to bought somebody into this method and THEY made a sale that was above their degree membership, you get the distinction, so in case your referral bought a gold membership for $500, after which they bought somebody into this system and so they bought the gold membership for $three,500, your referral would get $500 and you’ll get $three,000.
Your referral would ONLY be eligible to get the FULL fee if he/she upgraded to their membership (so it’s designed to have you ever make investments extra, which is dangerous).
four) The final one can also be via direct promoting, however entails what occurs if somebody you bought into the corporate upgrades their packages. Basically you get the distinction in improve, which means if you happen to referred somebody into the $500 degree however they upgraded to something above that (say the $7,500 one), you’d make $7,000 from that sale.
Looking previous the chance, why it’s necessary so unveil what’s occurring…
I’ve gotta give it to this program…
They actually make you suppose that this sort of cash making alternative is grand with all of the excessive ticket commissions you MAY earn, however having handled these sorts of applications, I’ve to warn anybody to have a look at the opposite aspect of this chance…
First of all, as a result of I’ve run into so many applications like these recently, I’ve written an article detailing which excessive ticket applications to keep away from and which of them are legit, and sadly, when it involves Millionaire Mentors Alliance, I personally imagine it’s higher to remain away. The article on excessive ticket schemes might be discovered right here.
When you are taking away the cash potential and take a look at this method, what I personally see is…
A poorly designed web site asking you to name a quantity and make investments a lot of cash into a possibility that frankly is rarely going to be a assure of success.
A observe about pyramid schemes…
I completely don’t see justification in investing as much as $50,000 on this program as a result of as I seemed via a number of of their ranges and the issues they give you, by way of worth/coaching do NOT justify the prices, NO WAY.
I can inform you that if schooling on on-line enterprise is one thing you search, than you’ll save A LOT of cash by attempting the various program I’m advising as a substitute of Millionaire Mentors Alliance…
And there’s been many applications like this which were uncovered for being schemes and function VERY equally to Millionaire Mentors Alliance. There have even been some like this one which have been shut down by the FTC.
Final Rating: Millionaire Mentors Alliance.
zero out of 10 stars. I’ve by no means ever really useful a excessive ticket program like this and by no means will. I strongly imagine the monetary dangers are paramount in these applications. Any alternative truly carries that, however the legit ones for my part are much more clear and never on the worth degree of Millionaire Mentors Alliance…
My last ideas: The 7 classes (warnings) I’ve realized reviewing excessive ticket applications like this:
1) Firstly, it is advisable be VERY cautious about ANY program that’s structured this fashion. Like I stated earlier than, moral excessive ticket applications exist, however you already know my opinion of this one…
2) Believing you solely must make 1 sale to interrupt even and that it’s simple is what leads folks to monetary spoil.
three) It’s onerous sufficient to search out even 1 individual keen to spend $500 on a program, not to mention the $50,000.
four) It’s this “opportunity” hype that will get folks to affix in, however then promoting that chance to others is VERY tough and most of the people by no means find yourself making a revenue, not to mention breaking even. I may even argue that attempting to promote folks into this “opportunity” is unethical in itself.
5) There’s a massive cause why applications like these can usually be thought-about “schemes”, and that’s as a result of the way in which they promote to regular folks and the way in which issues play out after they purchase them find yourself (most fail) being this fashion.
6) A VERY SMALL minority of people that spend money on these applications will ever succeed, whereas most will fail in my expertise. Are you actually able to threat $500-$50,000?
7) Then there’s the query I raised within the excessive ticket article I linked above, and that was how governmental organizations just like the FTC take care of these corporations.
There’s been 2 to this point that they shut down, which operated VERY equally to how Millionaire Mentors Alliance operates. I’m nonetheless not going to name it a rip-off, however that loopy funding they ask for and that lack of transparency is a actual deal breaker people…
Now these different 2 applications went down as a result of they turned so well-liked, and many individuals failed, that when sufficient folks complained, the FTC stepped in. But since most excessive ticket applications don’t develop as a lot as these 2 did, they by no means actually get to the purpose that they’ll get investigated.
If I’m ever going to become involved in a web based alternative, I’ll solely do it if it’s an moral program and never a pyramid scheme and I strongly suggest you do too.