Many of us search for legit ways to make money online and lately there has been a lot of scams reeling people in.
I am here to give you my honest Six Figure Mentors Review so you could see for yourself if this is a program you want to get involved in.
Six Figure Mentors Review
Name: Six Figure Mentors
Price: $97 Monthly (Basic Membership)
Founders: Stuart Ross/Jay Kubassek
Overall Rank: 33/100
What Is Six Figure Mentors
It is JUST ANOTHER WAY FOR THE FOUNDERS TO EARN MONEY AND FOR YOU TO SPEND YOURS!
Ok, ok, Six Figure Mentors (SFM) is a program that tries to teach you how to become your own boss and work less hours by providing you with the tools and training needed to become successful.
It was started in 2010 by Jay Kubassek and Stuart Ross who are both experienced online marketers.
SFM gives you the opportunity to to become an affiliate and promote their program through your friends and all your contacts and make money if they sign up.
Who is The Six Figure Mentors For?
This program is for all who are new to internet marketing as well as experienced internet marketers, and anyone in between who is wanting to work from home.
This program is especially for those wanting to be their own boss and control their life! The SFM program allows you to start making revenue right away and they show you why marketing online is the new digital business lifestyle.
Except you don’t start making money right away, even using what they call their perfect funnel system which promotes SFM.
It does very badly at getting sign ups as it is way too expensive for the majority of people looking to earn money online.
Do you have 10-20K to invest?
If you do then you’ll be fine because that’s what it will take to actually make it with this program.
It is the way Stuart and Jay have it set up!
For big wheels in the industry which have one hundred grand to invest into a money system of theirs, promoting them.
Now Lets Talk About The Price
Ok, so lets talk about what they offer in the FREE section:
In the FREE Section, you basically just have the affiliate access which consists of affiliate links, sales pages, customizable sales funnels, link generator, and that’s about it. Not much for you to gain here.
Student Access: This access has an Application Fee of $29.95 and $25 per month (optional). The type of access available is what I mentioned above with an addition of Live Event Recordings and the Digital Business System Introductory Module.
Basic Membership: So the Basic Membership has an Enrollment Fee of $247 and a monthly fee of $97. Yup, pretty expensive huh, I don’t have that type of money to afford this but here is what it offers.
- Affiliate Tools
- The Digital Business System
- Step-By-Step Training
Elite Membership: This membership is for the rich and the famous, it will cost you a whopping $2500 for the year. I could buy a second hand vehicle with this type of money. The Elite membership will give you access to all the modules that SFM has to offer, and you’ll have live coaching sessions with the founders.
The Main Idea
The main idea behind Six Figure Mentors is teaching you affiliate marketing and then selling people high ticket items.
Though they claim to teach you affiliate marketing, they mainly focus on teaching you how to sell their own products, and by doing that you earn your affiliate commissions.
They will teach you how to bring new people to their system and make money off them, that’s basically it in a nutshell.
Like many other programs, there are people who are unhappy with SFM and there are people who are happy with it, it all depends on how much money are you willing to invest?
What I like
• You can try the program (initial level only) – not much value
• Videos are informative if you pay for the membership
• Money back guarantee ($29.95 refundable)
• Valuable Training once you get Student Access and above
• 24/7 Support
What I Don’t Like
• Not as easy as you might be thinking to make money with this program
• Membership fee is very high and not affordable to most people
• Some packages will cost you a few thousands ( up to $30,000)
• There are many complaints that this program just takes your money.
• To earn high affiliate commissions you must buy Elite Membership (too expensive)
• To earn affiliate commissions you must stay there as a member, i.e. pay them
Affiliate Program Structure
Six Figure Mentors has a single-tier affiliate program for the majority of their products and services, which means you are simply paid a commission for the sales you make.
They also have a 2-tier affiliate program on SFM membership sales and on Digital Experts Academy membership sales – When you refer a new customer, you earn an affiliate commission. When one of your team (sub-affiliates) refers a customer, you earn a smaller affiliate commission.
High Ticket/Top Tier Affiliate Commissions
Selling high-ticket products as an affiliate is THE fastest way to earn a significant income online. SFM offers 2 high-ticket product lines for members to promote as affiliates to earn affiliate commissions.
• SFM Elite Mastermind – Webinars and challenges are personally hosted by SFM co-founder Stuart Ross. Elite is designed to fast-track the time it will take you to earn a significant income online. Qualified SFM affiliates can earn up to $1000 per sale.
• Digital Experts Academy – Digital Experts Academy offers four levels of membership designed to take you from an opportunity seeker all the way to self-sufficient digital expert. Live workshops are currently held in USA, UK and Australia. Qualified SFM affiliates can earn up to $8000 per sale.
You can earn high-ticket commissions as an affiliate without having to call prospects and close sales!
SFM will close your sales for you, then wire your commissions direct into your bank account.
My Overall Take
I am not a big fan of SFM due to the fact that they would reap me of all my money before I would even get the chance to make some.
I feel that if you have the money to invest and you aren’t afraid to do it, it will probably play out better on your behalf.
This program in my opinion is not a SCAM due to the fact that there is money being made, it’s just not my type of program.
If you were to ask me how I make money online, I would tell you to check out my #1 Recommended Program for it works for me and I actually get to learn the proper steps of how to make money online.
Below I have made a comparison table of the 2 programs to show you a more in depth detail.
I hope you enjoyed my SFM Review and found what you are looking for. If you have any questions at all about this review, please feel free to ask and I will get back to you in a timely manner.
Thank you so much for stopping by and I would really appreciate some feedback.
Take care and I hope you have a great one 🙂