STUART ROSS SCAM
Brace Yourselves! Big Launch Alert! By Friday you will have heard all about the Six Figure Mentors. Is it a scam though?
I was approached to become a “Founder Member” by someone I know, like
and respect. They are heavily involved with the Six Figure Mentors
launch, as is Daniel Wagner, who I also know, like and respect. Daniel
is one of the “good guys” in Internet Marketing mentoring, he really
seems to care if his students succeed and I know that many of them do.
So I got some more info from this person and watched a short video
(I’m not going to link to it – you can find it all over YouTube and
Facebook). I know it includes hosting and website production tools
among lots of other things.
All well and good you may think….except I don’t need hosting and website production tools.
However many other people do, and it’s a slick looking operation. Sortof Kajabi (which I tried out and did a full independent Kajabi review here) meets affiliate marketing meets coaching meets MLM)
Even then I was still thinking about it….I have a big responsive list
and I’ve always wanted to make MLM work, as Donald Trump and Robert
Kiyosaki both say that, if they were starting again today, knowing what
they know know, they would start an MLM company. And believe me I’ve
tried, everything from water filters to Success University.
And if I can’t make MLM work, with my marketing and sales skills, my
speaking ability, my mailing list….but I’ve always put that down to my
lack of consistency and my horror of HAVING to do anything on a
repetitive basis.
And then I remembered what my business partner in The Money Gym,
Judith Morgan, herself a qualified accountant and genius with figures,
always says about MLM. It’s an awful lot of work for not very much
profit margin.
And then it hit me again!
Robert & Donald said they would START an MLM company, not JOIN one.
Aye, and in the course of the conversation……then came the rub with The Six Figure Mentor deal!
You can only make money from commissions if you join. Totally different to affiliate or internet marketing.
And you only get paid your commissions if you stay joined. Even if you are not using or getting value from the product.
So it’s MLM dressed up as internet marketing mentoring.
Well, it was only a matter of time.
The internet marketing industry is getting more and more popular and
more and more hyped, with people on large seminar stages using all the
same emotional tricks that the MLM people use to motivate and sell – all
the NLP, hypnotic language etc.
And there is a lot of people selling absolute rubbish in the internet marketing space, believe me.
So I’m not saying that The Six Figures Mentors is wrong, or a scam or
anyway underhand. In fact, knowing Daniel and the people who
introduced me, I think it will probably deliver enormous value.
If you really can’t manage to learn how to buy a domain name, install
a wordpress blog, add valuable content, build a mailing list, create a
product, recommend other people’s products, sell advertising or
sponsorship, and then eventually share your learning, which is
essentially how you make money online, then paying $97 a month to follow
a proven system and get support from your peers…….well, it will
probably help you.
The thing that worries me is that everyone will be locked in,
regardless of whether they are getting value, and having to keep paying,
in order to keep making their commissions.
And I would just PERSONALLY prefer to make my money recommending
something that I actually use myself, and where I’m not locked into
making a recurring payment in order to claim my commissions.
