Wow, it’s been a long time since I reviewed a high ticket program as expensive as Millionaire Mentors Alliance is. But is it’s price an indication it’s a scam?
Well not really, there’s lots of programs out there which cost a lot of money to join and there are times you can justify that pricing. But specifically in the case of THIS opportunity (Up to $50,000+ investment), I don’t think you can and I will NOT recommend it.
Here’s what this review of Millionaire Mentors Alliance is going to explain:
- I’ll start by explaining the overview of the program and what it can cost to join (there’s different levels).
- I’ll explain the opportunity.
- Why there’s WAY more cons to Millionaire Mentors Alliance in my opinion
- I’ll explain if this program is a pyramid scheme or legit.
- And finally, I’ll explain WHY I don’t recommend this program, why, and what is better.
Millionaire Mentors Alliance, the quick report:
Creator: To be honest, this wasn’t displayed. The sales page tells you to contact a Carsten, but there’s no picture of him, or pictures of any of the creators, just testimonials.
Prices: WOW, it’s been awhile since I’ve seen high ticket programs cost this much.
Take a deep breath folks, because there’s 7 progressively expensive high ticket packages you can buy, starting from $500 all the way up to $50,000.
There are administrator fees with some (if not all) of the levels. Here is an overlook:
- Bronze Level: $500 + a $195 fee.
- Silver Level: $2,000 + a $198 fee.
- Gold Level: $3,500 + a $298 fee.
- Platinum Level: $7,500 + a $398 fee.
- Diamond Level: $15,000 + a $448 fee.
- Elite Level: $25,000 + a $498 fee.
- Empire Level: $50,000 + a $1,498 fee.
Now each level you buys qualifies you to re-sell on that level and I will be explaining the 4 ways money can be made through this program shortly below.
What do you get from each level? Besides the opportunity to re-sell it in unlimited amounts and make high ticket commissions, I assume each level comes with it’s own internet marketing training to help you use it to sell these things to other people and make commissions.
Overall Rating: 0 out of 10 stars.
There is no way I can recommend this program. Not for the $500 entry, nor the highest tier level either.
This kind of program is extremely, financially risky especially for people who cannot afford to spend the kind of money each level requires.
I also believe MOST people who try to get involved with this program, especially with the higher levels will have a reduced chance of success, so if you’re not ready to lose the money you pay in, this is NOT a program I’d go into.
I also feel like this MAY be a high ticket scheme where the incredibly high costs do not justify the training/program/opportunity you get, so it MAY be a pyramid scheme.
Millionaire Mentors Alliance. The in-depth review:
So on the surface, Millionaire Mentors Alliance is being pitched as a great opportunity to make extremely high commissions on selling one or more of their 7 level packages.
The way this program is designed, the more/higher level packages you buy, the more you are able to earn from selling them. You “only” need to buy one level package to then become eligible to re-sell it as many times as you like.
And this whole set up is where I find huge issues because of my position on high ticket programs like these.
There are overall 4 ways to earn money with Millionaire Mentors Alliance:
1) You buy any level package, then make 100% commissions reselling it. This is basically direct sales.
2) Then there’s qualifying sales. In this model if you refer someone into the program, the first sale THEY make gets passed up to you.
3) Then there are “pass up sales”. Now in this model, if you got someone into this system and THEY made a sale that was above their level membership, you get the difference, so if your referral purchased a gold membership for $500, and then they got someone into the program and they got the gold membership for $3,500, your referral would get $500 and you would get $3,000.
Your referral would ONLY be eligible to get the FULL commission if he/she upgraded to their membership (so it’s designed to have you invest more, which is risky).
4) The last one is also through direct selling, but involves what happens if someone you sold into the company upgrades their packages. Basically you get the difference in upgrade, meaning if you referred someone into the $500 level but they upgraded to anything above that (say the $7,500 one), you’d make $7,000 from that sale.
Looking past the opportunity, why it’s important so unveil what’s going on…
I’ve gotta give it to this program…
They really make you think that this kind of money making opportunity is grand with all the high ticket commissions you MAY earn, but having dealt with these kinds of programs, I have to warn anyone to look at the other side of this opportunity…
First of all, because I have run into so many programs like these lately, I have written an article detailing which high ticket programs to stay away from and which high ticket products and niches are legit, and sadly, when it comes to Millionaire Mentors Alliance, I personally believe it’s better to stay away.
The article on high ticket schemes can be found here.
When you take away the money potential and look at this system, what I personally see is…
A poorly designed website asking you to call a number and invest a lot of money into an opportunity that frankly is never going to be a guarantee of success.
A note about pyramid schemes…
I absolutely do not see justification in investing up to $50,000 on this program because as I looked through several of their levels and the things they offer you, in terms of value/training do NOT justify the costs, NO WAY.
I can tell you that if education on online business is something you seek, than you’ll save A LOT of money by trying the alternative program, Wealthy Affiliate I’m advising instead of Millionaire Mentors Alliance…
And there’s been many programs like this that have been exposed for being schemes and operate VERY similarly to Millionaire Mentors Alliance. There have even been some like MOBE which were shut down by the FTC.
Final Rating: Millionaire Mentors Alliance.
0 stars
Red Flag.
0 out of 10 stars. I have never ever recommended a high ticket program like this and never will. I strongly believe the financial risks are paramount in these programs. Any opportunity actually carries that, but the legit ones in my opinion are far more transparent and not on the price level of Millionaire Mentors Alliance…
My final thoughts: The 7 lessons (warnings) I’ve learned reviewing high ticket programs like this:
1) Firstly, you need to be VERY careful about ANY program that is structured this way. Like I said before, ethical high ticket programs exist, but you already know my opinion of this one…
2) Believing you only need to make 1 sale to break even and that it’s easy is what leads people to financial ruin.
3) It’s hard enough to find even 1 person willing to spend $500 on a program, let alone the $50,000.
4) It’s this “opportunity” hype that gets people to join in, but then selling that opportunity to others is VERY difficult and most people never end up making a profit, let alone breaking even. I could even argue that trying to sell people into this “opportunity” is unethical in itself.
5) There’s a big reason why programs like these can often be considered “schemes”, and that’s because the way they sell to normal people and the way things play out after they buy them end up (most fail) being this way.
6) A VERY SMALL minority of people who invest in these programs will ever succeed, while most will fail in my experience. Are you truly ready to risk $500-$50,000?
7) Then there’s the question I raised in the high ticket article I linked above, and that was how governmental organizations like the FTC deal with these companies.
There’s been 2 so far that they shut down, which operated VERY similarly to how Millionaire Mentors Alliance operates. I’m still not going to call it a scam, but that crazy investment they ask for and that lack of transparency is a real deal breaker folks…
Now those other 2 programs went down because they became so popular, and many people failed, that when enough people complained, the FTC stepped in. But since most high ticket programs do not grow as much as those 2 did, they never really get to the point that they’ll get investigated.
If I’m ever going to get involved in an online opportunity, I will only do it if it’s an ethical program and not a pyramid scheme and I strongly recommend you do too.
One thing I have to say: fast start side hustle and something called no effort income.com are both 100% cleared as being good and they are basically identical in essence to Alliance Mentors…as long as there are products being sold and the business system is not unfair there’s nothing wrong with these programs…and people need hope and help in these extremely difficult times and we could do better with less naysayers and more helpful positive people…and in my opinion if someone is going to drop 80+ grand it’s better to do it with a program like this where they can get the help they need to make really awesome $ over time vs. putting the same $ into a college edu. that might not leave them a job in their field at the end of it…Alliance Mentors and similar programs beats the hell out of a non-promising college degree in my opinion just to be honest.
Hi Joel, I respect what you said in your comment, but very much disagree with (almost) everything you said. Here are my opinions on your comment:
1) I know Fast Start Side Hustle and have looked at No Effort Income. From my understanding they were both promoting the same program at one point, but Fast Start Side Hustle went in it’s own direction (I’ve spoken with the owner).
2) Just because different programs promote a high ticket “opportunity” does not make it a legitimate thing. I’m not commenting on any of the programs in your comment nor here, but what I am saying is that just because something is expensive does not make it as valuable as it’s price.
3) You can’t compare a high ticket program vs something like college in my opinion. High ticket programs like this offer to help you build an online business and college degrees are in entirely different subject matters, most of which cost a lot of money and you can’t just look at the price and think “well if one is cheaper than the other, the cheaper one is the way to go”. There’s just so much more than need analyzing.
4) When you compare specific make money online opportunities, in my experience you should not look at the price, look at the value, reviews and transparency. In my opinion, Wealthy Affiliate gets an A+ for all of these.