Hi and welcome to my review of the Six Figure Mentors, Six Figure Mentors are a network marketing company that provides training on a variety of internet marketing topics. From affiliate marketing to building websites, they cover a lot of topics but is their training any good and are there better alternatives? Hopefully, after you have read this review, you will have an answer to both these questions.
I was actually first introduced to the world of affiliate marketing by Six Figure Mentors, their sales page made it seem that it would be easy to be earning a six-figure salary with their training.
I was new and very naive and when someone tells you that making money online is easy and all you need to do is follow their system and pay them a small fee, it felt too good of an opportunity to pass up. I mean who doesn’t want to become rich with a minimal amount of work?
Unfortunately, as you will see from this review, my experience with them wasn’t exactly rosy and I would later find out that the business model they operate under is highly unethical.
Six Figure Mentors Review
It’s still kind of foggy how on earth I landed on one of their slick landing pages. I can still remember I was searching for ways to start an eCommerce business and somehow I found myself watching Stuart Ross (the co-founder of SFM) on a tropical Island living the life I wouldn’t mind having and telling me it was all possible if I followed their system.
The owners are Stuart Ross and Jay Kubassek, both of whom I would later find out have a history of running MLM companies that didn’t last.
Not that should be held against them, I admire people who get up after a failure and look to succeed no matter what.
I do wish I knew about their past ventures and had seen the promotional videos they run (similar to how they run their SFM promo videos), I would have had a more clear idea of what they were selling and made a more informed decision whether to join or not.
Stuart is from England and Jay from Canada, both had individual success in the online world, Stuart was a successful affiliate marketer and Jay was doing well in MLM industry
They joined forces near a decade ago and after some initial struggles, they founded the Six Figure Mentors.
What is the Six Figure Mentors?
The Six figure Mentors claim to provide an online platform for entrepreneurs that will give them the tools, training, and support to start an online business or even help any grow an online business that people may have.
They claim to teach you how to be an affiliate marketer and earn high ticket commissions by promoting their products. Although this isn’t necessary, the training is primarily focused on promoting SFM products.
They preach the only true way to make money is through high ticket affiliate marketing. One of their hooks is to make you believe that it takes just as much effort to sell a low priced item as it does an expensive item and this is why you should only focus on high ticket affiliate sales.
Of course, I later found out this was utter rubbish, but they are persuasive and reel you in with the thoughts of earning big affiliate commissions just from 1 sale.
Six Figure Mentors Review
The Six Figure Mentors have four membership levels.
Free Access – You get access to five videos in which Stuart Ross covers the following topics;
- Advertising Online
- List Building
- Providing Value
If you are new to internet marketing, you may find some of the information useful but that is all there is in the free membership and you will always be encouraged to upgrade to one their paid membership.
Student Access – $29.95 This gives you access to some of their live video recordings and short courses. Also, you are eligible for commission on their entire range of products.
Below I just want to point out the deceptive nature of these network marketing companies.
On the actual Six Figure Mentors website, the membership description is very simple and not hyped up.
However, they have an additional sales page for this membership and it makes you believe that it includes everything you need to go from zero to 6 figures and that the actual cost of the product is $500!!
Trust me, having tried out the system, it’s not worth the price they charge let alone what they say it is actually worth.
Essential Membership – $297 enrollment fee + $97 per month will give you access to their digital business lounge which includes hosting for your websites, access to landing page creator, graphics creator for eBooks and a link tracking tool. Plus, your commission percentage is raised.
Essential Plus – $2500 per year, you need the essential membership to enrol. With this membership, you get access to more webinars and higher commissions.
Six Figure Mentors Training
I went through the training and I noticed the tone changed, no longer was I going to be rich quick but now it will take time and that success does not come quickly.
I fully agree with that statement, if only I was told that when I first landed on one of their sales pages where Stuart implied this was gonna be easy.
Still, I believed if I followed the training I would see success.
So, I followed and completed many of their short courses, they have many short courses, and none of them really teach you much. Most of the video tutorials were no longer than 3 minutes, so most of it was really basic.
These short courses are part of their DEA (Digital Experts Academy) programme, the DEA also has 4 other high priced course which I will get to later.
They did have a hosting service where you could set up a WordPress blog, but this was pretty useless because they had no in-depth tutorial and niche research, SEO, how to drive visitors to your site, basically all the stuff to make your site a success is never covered.
Not really worth the $97 per month I was paying. There are far better services that cost half the price and comes with more tools services like premium WordPress hosting, premium keyword research tool, live webinars, in-depth marketing tutorials and so much more.
Their forum was so quiet, wasn’t very active nor was their Facebook page.
I stopped attending the weekly live calls because I wasn’t really learning anything from them and found it a waste of time.
So, after 3 months I couldn’t afford the $97 per month subscription anymore and I left.
Luckily for me, I never bought into their elite membership, so I didn’t lose as much as others have lost with SFM.
I left them on good terms, it’s just, later on, I found out that the business model they operate under is extremely flawed and deceptive.
DEA High Ticket Products
I mentioned that their DEA platform had several high ticket products.
If you are eligible for commissions on these products, you can receive anything between $300-$2000 per sale.
Of course, despite what they say, selling these products isn’t easy.
So, what are these products and what do the buyers get from them?
DEA Silver – Designed to get you up and running your own eCommerce business especially focusing on dropshipping
DEA Gold – A program designed to teach you everything about becoming a digital marketer, covers everything from copywriting to designing funnels
DEA Platinum – A three-day event that will teach you how to build your brand and effectively market yourself to the right audience. Also, they cover what business model is right for you and help you build a professionally made website with everything from logo and personal branding being taken care of.
DEA Black – This is all about networking with other leaders in your industry and taking your business to the next level. There are also regular masterminds and events exclusively for DEA Black members.
Prices range from $3000-$20000 and the commission for each membership sold is either 5% or 10% depending on what membership level you are at.
Honestly, the people who buy these products usually have money to burn because most of the training could be acquired for way less and if you look hard enough you may find it for free.
My Experience With The Six Figure Mentors
Because I was new to this whole internet marketing industry and didn’t know the true extent of deceptive marketing tactics that is prevalent, I was so in awe of both Stuart Ross and Jay Kubbasseck and their slick marketing tactics and believed their message.
I honestly thought I had found a pot of gold, I was even more impressed when they made me fill in an application form.
I thought to myself ‘wow these guys are serious, I am truly on my way to financial independence’ was I in for a rude awakening.
After I opted in, I received 7 free videos, at the time I was impressed, however, looking back on it now, I realise it was just a way for them to get me to upgrade, which I was more than happy to do.
I don’t think I actually watched all the free videos, I upgraded to the monthly membership of $97 per month and paid the$297 enrolment fee.
Should have noticed the red flags there and then, I mean what was the application fee for?
Anyway, excited that my financial situation was about to be changed for the better, I started attending the daily call-up, where Jay would give some motivational talk and other stuff about not letting negativity affect your life.
They do preach a lot about getting into the right frame of mind when starting an online business and I believe this is good advice to take on.
But I also believe they preach this so that you buy all of their products.
You also get to speak with one of their business consultants, they are more like sales consultants trying to get you to upgrade to their elite membership.
Although, thinking back now and knowing what I now know about the industry, the consultant I spoke with wasn’t pushy at all.
However, I only had one call from the consultant that was assigned to me, and after not upgrading to the elite package, I never heard from him again.
Is Six Figure Mentors a scam? No, it actually has some decent training but as you can see from my review the price you pay for that is way too high.
I am thankful to Six Figure Mentors for introducing me to the world of Internet Marketing, although it didn’t live up to expectations it did open my eyes to what is possible in this industry.
Would I promote Six Figure Mentors? Not likely, like other network marketing companies, they peddle average training products for ridiculous prices.
For the training that has some real substance to it, they are priced way beyond the reach of the majority of people.
You can join as a free affiliate, but you will be limited to what you can promote.
Honestly speaking all these high ticket MLM programmes are for people who have money to burn. The only way to succeed in these types of business opportunities is if you have a high advertising budget.
There are far better ways to start an online business.
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