What Is Six Figure Mentors About? I recently had someone ask me some questions about Six Figure Mentors. I was not that familiar with the company, so I am doing some research to discover the truth. Are they a scam? Maybe you are here now asking the same question. Well, congratulations for researching a company before you invest a penny!
I have discovered a lot of information readily available and found that Six Figure Mentors teaches affiliate marketing. It is a proven fact that affiliate marketing is a successful method of making money. But, just in case, I always tell my readers to do the research first before buying any online product. It just might save you a boatload of money. So, let’s take a look at Six Figure Mentors and see what it is all about.
Name – Six Figure Mentors
Website – https://thesixfigurementors.com/
Price – $25/$99 Fee +$97monthly/$2500 + $97 monthly
Owners – Stuart Ross and Jay Kubassek
Quality – Fair
Overall Rank – 4 /10
Refunds – 30 Day Money Back Guarantee
Verdict – Legit – Not Recommended
What Is Six Figure Mentors About Overview
Six Figure Mentors is a training that teaches people to earn money through affiliate marketing. They claim their training will help people who already have a business or people looking for a brand new opportunity. With their training you will learn things like Attraction Marketing. You provide people with value rather than selling them a product.
I agree, providing value to people will work much better than hard selling. It is the best way to promote products. Always over deliver on value for every product you are promoting, So, who is producing the products for SFM?
Digital Experts Academy is the company behind the products for students of Six Figure Mentors to sell. They claim that you can learn to sell any product you wish as an affiliate, but in reality they want you to push their own products.
Tools To Create Your Own Website
Using their own Digital Business Lounge they provide the tools like hosting, website building, and marketing tools for creating online businesses. Simple Lead Capture is another tool the provide for building great looking website pages to promote the products.
And most of the people who join the program make money as affiliates promoting the Six Figure Mentor Products.
There is nothing wrong with promoting a product that is teaching you to make money. The only time this gets to be illegal is when it is considered to be a pyramid scheme. A pyramid scheme is when the profits come from recruiting people who pay a fee to join. Or a Ponzi scheme where the earliest members get paid from investments of the newest members. Both are considered illegal.
Six Figure Mentors does appear to be a legitimate company, but they also have some very high ticket upsells.
Related: What Is SEO Domination?
Who Created Six Figure Mentors?
Stuart Ross And Jay Kubassek are the co-founders of Six Figure Mentors. They are legitimate marketers, but they have a bit of a shady past.
Stuart Ross was a part of a scheme called YourNetBiz, which recruited members with expensive memberships. It was considered by some to be a borderline pyramid scheme.
Somehow, this company faded away in 2010 when SFM was created.
And Jay Kubassek was a sales person in a company called Liberty League international. The company got into serious legal trouble for being an MLM that was considered a pyramid scheme in Australia in 2009.
So, it doesn’t mean that the Six Figure Mentors is not a legit company, but it doesn’t add a lot of credibility. I don’t like it when the people involved are know for bad companies in the past. That’s just my opinion.
What Is Six Figure Mentors About And How Does It Work?
The SFM program earns money by promoting products with Facebook ads and email marketing. You run ads and create pages and banners to get people to join your email marketing list. Then you periodically send people on your email list promotions to buy your products.
This is basic affiliate marketing. There is a proven method for success in affiliate marketing
The SFM Affiliate Marketing Product
Whit the SFM model you are using ads to promote your products. This means you are posting an ad somewhere, such as your Facebook page. When people click on your ad, your affiliate link takes the customer to the sellers product display. If they decide to buy the product you get paid a commission for bringing the seller a new customer.
SFM training will teach you how to advertise products on Facebook and recruit members to promote the SFM program. SFM also claims you can use this type of training for marketing other types of products as well. Which is true, you can do that. But, SFM puts a higher emphasis on sell the SFM product.
This is why most members of SFM, appear to be making the most money from affiliate commissions on the SFM product.
One of the problems with this type of marketing is the fact that Facebook ads are very expensive. And they are a learning curve by themselves. To be successful with Facebook ads, you need to know what you are doing. You can lose a lot of money very quickly on ads that don’t convert into sales.
How Much Does Six Figure Mentors Cost
The initial cost of the course at $29.90 is cheap. But, you don’t get much information. In fact the information you do get is mostly videos showing you how to upgrade to the Essential level. That seems to be the underlying tone of this training overall. If you want to make money, you have to constantly keep upgrading.
Add that cost to the cost of advertising and you need a bankroll to keep going in the SFM program. But it is also a high ticket affiliate program! Let’s take a look at these costs and what is included.
There is no charge to become a SFM affiliate. It is free. You will have the opportunity to promote SFM memberships, products and services.
- Commissions are $20 in introductory sales, $200 on Essential sales and $20 monthly on active membership subscriptions.
The cost is $29.90 upfront +$25 a Month – Free 30 day trial, then $25 bucks a month if you decide to stay a member.
You get access to the private membership site, includes a step by step Business Success Module, and recorded SFM Visionary Call.
Plus access to your one-on-one consultant, The Digital Skills Platform where you access hundreds of short video tutorials.
- Commissions are $20 in introductory sales, $200 on Essential sales and $20 monthly on active membership subscriptions.
The cost is a one time $297 fee + $97/month – Access to the Digital Business System – Live weekly Trainings, recorded training & modules, Private Business Coach, Digital Business Lounge membership(Domain purchase, website design, marketing your business), Live Events Admission, Community Site access.
- Commissions for referring Essential members are $200 upfront and $20 monthly. Referring Elite members $250 upfront and $250 annual income.
The cost is $2,500 per year + $97/monthly – It is a Private Mastermind group and includes live webinars, challenges, training and coaching. These are hosted by Stuart Ross and Jay Kubassek. This membership is designed to fast track your SFM learning and focus on money producing strategies. Elite affiliates get paid the highest commissions on SFM sales.
- Commissions For referring members – $250 + $20 monthly for referring an Essential member, $1000 +$1000 annual income for referring an Elite member.
Digital Business System – Unlocked when you upgrade to the Essential Membership and Elite Membership
- Digital Business System Introductory Module – ( included in the student access)
- Business One On One Consultation – (included in the student access)
- Live Event Recordings
- Digital Business System Modules
- Lifestyle Blueprint
- Marketing Blueprint
- Training Curriculums
- SFM Essential Curriculum
- Step by Step Marketing Blueprint
Training – Additional Tools
- Training Library By Experience Level
- Complimentary DBL FREE membership
- Digital Business System step-by-step setup and training modules
- Access to Private FB group
- Multiple weekly live training webinars
- Live event eligibility (events held multiple times throughout the year in US, UK, and AUS)
Elite (Optional Add on)
- System Setup Certification
- Recurring exclusive webinars featuring prominent leaders and experts sharing knowledge
What Is Six Figures Mentors About – Is The Training Worth The Cost?
Six figures mentors has some good training areas. Both the SFM and the Digital Training Academy teach members how to make money as affiliate marketers and also how to market their own products. And how to market those products with a high retail value. members could earn some serious money!
Most people don’t have their own products, so the end up selling SFM products. They can sell the SFM products and also sell the Digital Experts Academy products as affiliates. These are high ticket products and you could knock down some serious money.
But, the problem that they are not told is the fact that high ticket products like these always have serious competition. It is a highly competitive market, and it requires a lot of hard work. Affiliate marketing is not difficult, but it does require work and lots of it.
And when you are paying such high costs for a program to begin with, it makes it harder to make money. When you have to pay ad costs along with your monthly fees, it can be too hard for people just starting out. Throw in a few live events where you are going to pay more, and all your profits are going right back into the business. That doesn’t put much needed money into your pocket.
Pros And Cons Of Six Figure Mentors
- High Ticket Product = High Commissions
- Affiliate Marketing Training
- Training For Marketing Your Own Product
- Very Expensive
- High Pressure Sells On Upgrades
- New Members Encouraged To Sell SFM
Verdict – Legit – But Not Recommended
The SFM product does have some good training and is definitely not a scam. But, there is cheaper and better training available at much cheaper rates than SFM is charging. And most training won’t pressure you into pushing their own products, or buying upgrades that are very expensive. Most people starting out, don’t have that kid of money to spend.
Running ads is an expensive way to get your business noticed. And running ads helps get you out there, and visible. Getting eyeballs on your site is what you need to sell products. But as I said, it costs money! And if you don’t know what you are doing, you can lose money quickly.
A huge problem with running Facebook ads is account shutdowns. Facebook is notorious for shutting down ad accounts for violating policy, but never really telling you why. Without your main source of traffic, you are dead in the water. Relying solely on Facebook is risky business.
You can try posts on your Facebook page, but if you don’t have a large following on Facebook, well guess what? You are not going to last very long selling to family and friends. Your success depends on your ability to reach that bigger audience.
Join One of the biggest communities on the planet
My #1 best recommendation for building an online business, Is free to get started, and does not cost an arm and a leg if you choose to go premium, You learn how to build a business, the right way. You build a strong foundation, and make sure your business lasts no matter what.
There is no BS, no running ads, and it’s not a get rich quick scheme. you learn how to build your brand and gain traffic organically. Once you build your own business on a strong foundation, nobody can take it away from you.
If you are serious about starting a business, then check it out. You don’t even need a credit card. You can check it out for free, no hassles no commitments. Try it, take it for a test drive. What have you got to lose?
If you have any questions or comments, please leave them below. I will get back to you ASAP.
Thank you for reading, and please stop back soon!
I am Chas, creator and founder of Help For Scams And Frauds. I started affiliate marketing and earning money online in 2015. And I can tell you, anyone can do this. But, in order to build a business the right way you must have the right training and avoid the get rich quick schemes.