Are you looking for a Modern Millionaires review? Is Modern Millionaires a scam?
If you want to make money online, you may have heard of Modern Millionaires. Maybe you’ve been invited to join Modern Millionaires either through a long-lost distant relative or via social media.
But since there are so many scams online, you may wonder if you can trust it or not.
Regardless, before you invest any money into your future, you should make sure the investment platform is a reliable one.
I have a passion to help people explore the best money-making opportunities online, so over the years, I have reviewed hundreds of similar online programs like Modern Millionaires.
In the past week, I have done thorough research about the Modern Millionaires, so I can tell you everything you need to know about it.
As a disclaimer, I’m not affiliated with Modern Millionaires, which means I’m not paid to write this review for Modern Millionaires. So you can be sure that my words are unbiased.
In this Modern Millionaires review, I’m going to cover the following in this review:
What is The Modern Millionaires Program?
Modern Millionaires is a program that teaches local business owners how to generate leads through Google Ads.
The system they use is called “lead flipping” and serves as a framework for creating scalable ads for small businesses and organizations.
The Modern Millionaires program includes more than 20 hours of video lessons, and there are plenty of resources for beginners and experienced marketers alike to help you build and scale your own local lead generation business.
In this course, you’ll learn how to acquire new customers online, monetize your services with Google Ads, outsource your work, automate your lead generation agency, and increase your income.
Who are the Creators of Modern Millionaires?
Abdul Samad and Chance Anthony are the founders of Modern Millionaires.
Their expertise has been reported on websites such as Forbes and Entrepreneur.com. In addition, their digital agencies are supported by some social evidence, but it cannot be verified
It’s claimed that their support for thousands of entrepreneurs has resulted in millions of dollars in revenue for over ten years
A few years ago, they developed a comprehensive lead generation training program called the Modern Millionaires program.
During the training, Chance and Abdul will be your mentors.
Each week, the two discuss tips, strategies and tactics to help you grow your wealth
They share case studies, experiences, and results instead of just giving advice. This way you can find out what worked for them instead of wasting your time trying to figure out what didn’t work.
How is the Reputation of Abdul Samad and Chance Welton?
I would say that their reputation is quite good in most cases.
It seems that Abdul and Chance’s training program, Modern Millionaires, is effective. It is comprehensive and really well organized.
Some have speculated that Abdul and Chance simply renamed their course Millionaire Middlemen to Modern Millionaires.
Some have speculated that the program was discontinued after they received numerous bad feedbacks. Some of their critics have also called Abdul and Chance scammers, although my research has found little evidence to support this claim.
With over 7,000 paying students, I am not surprised that some of Abdul and Chance’s students are dissatisfied. In my opinion, this is natural in any well-attended course.
Although they both give the appearance of being effective salespeople, I find their advertising a bit annoying at times.
I have a problem with the claim that “overhead is relatively low” when the program has an entry price of $2,500 that is not stated on the sales page. Also, I know from personal experience how difficult it is to build a thriving business on top of your regular work or travel commitments.
How Does Modern Millionaires Course Work?
There is nothing illegal about the business model taught by Modern Millionaires.
This course focuses on placing Google ads for business owners.
Many business owners do not have enough time to run Google ads or run their own ads. So this could be an opportunity for you to provide a service for them.
So all you do is advertise for them.
However, when I watched their webinar, it was incredibly glossy and a little too easy. I am going to tell you why it’s actually harder than you thought.
What’s Included In Modern Millionaires?
Once you sign up for the Modern Millionaires program, there are three different plans available to you. The three different options are offered so that customers can choose the one that works best for their particular business.
According to Modern Millionaires, you can start your own marketing company with any of the plans. The three packages of the program and their contents are described below.
This package is designed for those who prefer to build their own independent agency. You will receive exactly the training and guidance you need to do so.
The following is included in this package:
- training modules worth 4 weeks
- Access to a private Facebook group
- 24/7 online support
- Daily mentoring calls
- Modern Millionaires Ad System
- MM Funnel
- Modern Millionaires Automated Lead Nurturing
Those who intend to start their own web business on their own can do so with this option, but may need more support from the company than is possible through other means.
To ensure continuity, the company will continue to guide and monitor you in this regard.
This kit contains all the components of the previous do-it-yourself kits, plus some extras.
- Enrollment in our 90-day agency boot camp
- A personal coach to build your agency with you
- 2 three-hour phone calls per week with your coach
- Consistent accountability and mentorship tailored to you and your industry
This package is designed for someone who has the financial means to develop a second source of income, but lacks the time to take care of its daily maintenance and growth.
As you would expect, this package does not include any guidance or mentoring. Since the effort required from the user is so minimal.
Just follow these steps to get your online store up and running with this package.
- Create up your brand
- Set up your agency site
- Choose your niche/industry
- Build out your marketing platform
- Run client acquisition system
- Land your first client
- Set up first fulfillment system
Modern Millionaires Modules
The goal of Modern Millionaires is to generate leads for buyers and businesses by working smarter, not harder.
There are no get-rich-quick methods here, so don’t look for them either.
With the course, you’ll learn about inbound marketing, sales, prospecting, and more.
There are four video modules and a lot of bonus material as well as free resources that may seem overwhelming at first
You’ll learn how Abdul and Chance built their own marketing agencies to generate leads and sell them to businesses 24/7 on autopilot.
Below are the modules. Let’s take a look at one at a time.
Module 1: The Basics
The first module of this course deals with the first steps, how to get the most out of the course and how to increase productivity.
Thanks to the short introduction, it gets right to the point, which is choosing a niche that will make you money.
Most successful web agencies speak the language of their target audience and understand their needs.
The hardest part of building a successful online business is finding the right niche.
This includes a list of more than 70 niche ideas that are currently working, as well as detailed insights into the most successful niches
Building a website for an agency is covered in the last two sections of this module
It’s nice to see how much effort and research went into the quality you paid for. You will find a wealth of information here. Take your time.
Module 2: Prospecting & Clients
Prospecting and sales are optimised in the second module. Learn how to set up a CRM and subdomains so you can effectively track your prospects.
You’ll also learn how to reach out to your prospects in two different ways to make it easier for you to work with them
Cold calling via email is the easier way. The second way is to link your website to your status update on LinkedIn.
Module 3A, 3B, 3C: Traffic Acquisition
Once you’ve established your business foundation, it’s time to generate leads
Without leads, it’s impossible to make money online. Leads are the lifeblood of any business, and success depends on them.
Two entire modules are dedicated to these platforms, providing you with a wealth of tips, tricks and strategies for getting the most out of them.
Module 4: Automation
In the last part of the course, participants will learn how to automate their sales and marketing with project management software.
What’s the best part? Abdul and Chance explain in detail how they automate their business
It’s an easy-to-follow guide with links to resources you can start using today.
Their system will not make you leapfrog your competitors overnight, but the lessons are clear, concise and actionable
You too can automate your workflow with numerous tools.
Pros of Modern Millionaires
1. Modern Millionaires is Created by Experts
The course was put together by people who have proven that they know how to run an agency
There are many courses on the market that are taught by people who do not really know what they are teaching. But it seems that the Modern Millionaires instructors know what they are talking about.
2. The Course Content is Quite Comprehensive
This is probably one of the most comprehensive courses I have seen on ad placement and lead generation. In theory, this course contains everything you need to know about generating leads for a local business.
There’s no real shortage in that regard, but it’s missing a few components for a successful business.
It also expands on the knowledge you already have in many ways. Both the structure and presentation of the programme are good. It also includes a number of suggestions that are difficult to find elsewhere.
3. The Course Content is Updated From Time to Time
New strategies are added to the Modern Millionaires program every month. The lead generation courses I have seen are outdated and not keeping up with the changes in online marketing.
Cons and Complaints of Modern Millionaire Online Courses
1. Modern Millionaires is Too Expensive
The course has a few extras, but almost nothing that screams that it is actually worth almost $8,000 before you spend a few dollars on marketing and advertising.
2. Modern Millionaires Course Doesn’t Teach How to Start a Business From Scratch
Managing a business is not the goal of this course. It’s about generating leads. In other words, you will not find out how to build your own business from scratch. Everything will be your responsibility.
3. The Course Only Focuses on Lead Generation
If this were an in-depth training course on running a business, I might praise it a bit more. Nevertheless, it is a small program that focuses on a single topic.
4. Too Much Emphasis on Using Paid Traffic
Also keep in mind that this is a course that relies on paid advertising.
I realise that this is one of the fastest ways to generate leads, but it would be better if he also tried several complementary approaches.
5. Modern Millionaires Has A Bad Reputation
Although Modern Millionaires don’t look like a fraud, their last names have a bad reputation, so they changed their name.
It’s no secret why they play with the title, such as Officeless Agency and Millionaire Middleman.
Here are some bad reviews I found about Modern Millionaires:
6. Modern Millionaires Doesn’t Have a Refund Policy
It seems that Modern Millionaires doesn’t offer a money-back guarantee, and since you cannot reach them after the purchase, it’ll be difficult for you to get a refund under any circumstances.
7. The Testimonials Cannot Be Verified
On the company’s website you can find a number of testimonials from people who claim to have had great success with the program. However, there is no way to verify whether they are true or not.
Many online programs use fake testimonials. So, I am not sure if Modern Millionaires uses the same unethical practice.
8. Modern Millionaires is Not Suitable For Introverts
Modern millionaires require cold calling and working with your customers. So if you are not good at sales and working with people, you should not get involved in a business where you will be dealing with critical business owners.
Who is Modern Millionaires For?
Modern Millionaires is a hub for marketers of all skill levels.
They claim to teach both beginners and seasoned professionals our proven method for building a six-figure business.
This seems like the right thing to do. Given the depth of the top-level training, even seasoned marketers are likely to pick up some useful tips and tricks.
Modern Millionaires Pricing
The course costs are not mentioned anywhere online. On YouTube ads, they were offering it for $9.95, but it is not the real product. It simply captures people into the sales funnel.
There are upsells to gain access to the entire program. The course costs between $5000 and $7860.
It is time to be honest with you. It is unlikely that everyone can benefit from this training course.
In other words, you will have to pay quite a bit of money for the same information that you could find elsewhere for free.
You should keep in mind that this is only the entry price.
In addition, you will need money for paid advertisements and applications that you simply have to subscribe to.
When you join the program, you’ll need to budget for the following items:
- $200-300 to get your own agency website made on Upwork.com
- $55 for a hosting package + about $35 for domains
- $105/month for your prospecting and email automation technology
So if you do not have enough capital, Modern Millionaires is not for you. But do not worry, I have a better and much cheaper alternative that anyone can afford and start, which I will introduce to you at the end of this post.
Modern Millionaires Discount
We have looked everywhere for a legitimate discount for Abdul and Chance’s class, but so far we have come up empty.
However, if you need to talk to a vendor before you can register for the class, you can always try to negotiate with them.
Modern Millionaires Refund Policy
The bad news is that Modern Millionaires doesn’t offer refunds.
What they offer consists mainly of intangible digital assets. No matter how loudly you ask for a refund, they can’t give you anything back.
I don’t understand that at all, especially because I’ve looked at dozens of similar courses and they all offer a money back guarantee if you’re not satisfied.
How You Can Purchase The Modern Millionaires Training Course?
You can buy modern millionaires only if you book a call and talk to a sales agent.
During this phone call you will be sold based on your budget.
The price of changing your life is what they try to sell you, not necessarily the product.
Here is another terrible secret.
As I mentioned earlier, their product costs $9.95 up front, but most customers complain that they have to pay $137 instead of $9.95.
So think twice before signing up with Modern Millionaires.
Modern Millionaires Positive and Negative Feedback by Real Users
- The course covers all aspects of lead generation. For beginners, it covers critical components, while for veterans it adds valuable new information
- Modern Millionaires has an extensive private network. More than 5000 people belong to their Facebook group. Weekly workshops and Zoom calls let you network with like-minded entrepreneurs
- Beginner-friendly, well-structured course.
- Mentoring by two self-made millionaires who have proven themselves over the years.
- Payments can be made in installments.
- You shouldn’t try it if you want to make money fast.
- It takes a lot of time and effort to learn about marketing, writing and building an online business. Modern Millionaires isn’t for you if you lack commitment.
Does The Modern Millionaires Have Support?
Along with the online course, there are many support systems available to you. At least, they should.
During your sales call with the Modern Millionaires sales representative, you’ll receive most of the support. However, the support seems to stop after you pay.
From what I’ve read so far, there will also be a private Facebook group and coaches, but from what I’ve seen online, that kind of support doesn’t seem to be available anymore.
Is Modern Millionaires a Scam?
I cannot say that Modern Millionaires is a scam. There is not sufficient evidence for that. And they offer a fairly comprehensive education for students.
It’s also true that it takes hard work, perseverance, and the commitment to grow your business over time.
Plus, Modern Millionaires is based on a legitimate business model. But buying Facebook and Google ads can be tricky.
If you feel that Modern Millionaires’ business model does not appeal to you, do not worry. I have a better recommendation for you that will help you make money online.
You should know that I am not paid to promote the products I review. My personal opinion is that online businesses or advertising agencies are lackluster business models where you will probably end up losing money.
Modern Millionaires Review: Final Verdict
Modern Millionaires introduces you to Internet marketing and shows you how to generate leads. However, to be successful, it requires a lot of work.
Actually, I do not recommend Modern Millionaires to anyone who wants to make money online because of its high price. There are better alternatives you can use if you want to build a successful online business.
There are numerous online businesses that you can start. You just need to find one that you enjoy and that fits your personality.
Also, if you are introverted and shy, Modern Millionaires is not for you. Affiliate marketing would be better suited for you
With affiliate marketing, you do not have to cold call or even work with people in person because your website does all the marketing for you.
In the next section, I’ll tell you more about affiliate marketing and how you can build a 6-figure affiliate marketing business.
The Best Alternative to Modern Millionaires to Make Passive Income Online
If you don’t want to waste your time or risk your hard-earned money on Modern Millionaires, you might wonder if there is a better business model that doesn’t need Facebook ads and can do it as a side-hustle.
Yes, I would suggest you get started with affiliate marketing. It is far easier and less time consuming as you don’t even need to handle customer service.
In affiliate marketing, you can run your business almost with zero cost. Most importantly, you don’t need to invest in creating and developing any products.
But How Much Can You Earn in Affiliate Marketing?
A 21-year old student from my #1 recommended training platform of affiliate marketing was able to earn $7,395 in just 1 week, which means he made more than $1k a day…all while using free traffic methods and affiliate marketing.
Wealthy Affiliate has existed for more than 10 years and there are many success stories over the years.
To give you more examples, here are some of the other inspiring success stories of Wealthy Affiliate members.
You can also visit Trustpilot where Wealthy Affiliate has 4.8/5 rating.
Where to Join Wealthy Affiliate?
Wealthy Affiliate has a very simple pricing scheme. It has free and premium membership.
If you want to feel about Wealthy Affiliate, you can sign up for the starter membership here (no credit card required). You can select to be a free member with no time limit.
And as a starter member, you can get instant access to the community, live chat, over 500 training modules, 2 classrooms, networking, commenting, 1 free website, access to the keyword tool.
You can enjoy all these values without paying a penny.
So I strongly recommend you to register a free account and see it yourself.