MODERN MILLIONAIRES EXPOSED
COURSE REVIEW - Key points
Chance and Abdul teach you how to generate leads for your clients through different paid methods online
Various prospecting techniques
Training not updated from Google Adwords to the current Google Ads
You'll learn some new skills for sure but I don't think it's worth the price tag for some of the reasons I'll explain below
LEGIT OR SCAM?
READ BELOW FOR FULL REVIEW.
1. What is Modern Millionaires?
This an online course that teaches a specific type of lead generation skill and how to monetize those skills.
This isn't the first time the creators of this program have marketed this information though.
Call it Modern Millionaire, Millionaire Middleman, or Officeless Agency...
They're all essentially the same - just rebranded and repackaged.
In spite of all of this...
The core component of what they are teaching is a real, viable business model...
Lead generation via paid ads.
It just seems as though Chance and Abdul may have fallen to less than desirable business practices with their past programs.
In this course review, we'll just focus on what they teach.
2. Who are Chance & Abdul?
Chance Welton and Abdul Samad Farooqi are two digital marketers turned course creators.
They met while both were students in another lead generation course back in 2014.
It’s a little known fact, but that's where they learned a wealth of knowledge in lead generation.
Abdul started his marketing agency, SAMAD CONSULTING INC. dba Lions Digital Solutions, in 2013 after joining that coaching program I mentioned earlier.
Before that, he worked various finance jobs after graduating with a Bachelor of Commerce from the University of British Columbia.
Chance started his marketing agency, Beachwood Marketing, in 2014.
But it appears that both of their focus has been on their big money maker - courses.
Starting with Millionaire Middleman, then adding the “masterclass” of Officeless Agency, and finally a complete rebrand of Millionaire Middleman to Modern Millionaire.
3. How do PPC (Pay Per Click) ads Work?
Running PPC ads might seem like a simple process but looks can be deceiving.
You have to take time and come up with the ad copy that's going to attract your audience to buy your product. Not only that, you also need to make sure you choose a good image for your ad that will visually capture your audience's attention.
Also, your calls to action need to be clear and concise without anything that comes off as spammy.
Now, that's only the ad creation aspect of things. You must prepare yourself to split test different ads and aspects of each ad. This is because your first ad might not be one that converts well.
If you don't split test you can put yourself in a predicament where you're spending a lot of money on ad spend but not getting any results. This is not a position you want to be in.
4. Is PPC Legit or a Scam?
PPC is legit but considered by most to be a scam.
Why? Many who attempt to run ads don't really know what they're doing and as a result, they end up annoyed because they spent all their money to run ads for no reason.
If you're going to jump into this type of lead generation, you need take your time and really analyze all aspects of the process.
Once you're able to have everything in order, then you will be in a good position to have high converting ads that will give you a great Return on Investment.
Also, keep in mind that each niche and market is different. Therefore, the way you approach running ads for one niche and market may not be the same way for another niche or market.
It all comes down to how much effort you put into it.
Some benefits of paid ads are...
- No cold calling
- Get clients quickly
- Hyper target the audience of your liking
- Design your ads as you'd like
5. How much does the Modern Millionaires Coaching Program Cost?
With a price range of anywhere between $5000 - $7000, it's definitely one of the more expensive marketing courses out there.
Pros of Modern Millionaires
6. Training on Landing Pages
The guys take some time to show you the right way to build landing pages. If put together correctly, they will help generate more traffic and in turn convert those leads into sales/more clients.
If you don't make you landing pages clear and relevant to what your audience is looking for, then you won't see any conversions. You need to make sure that they are well designed, have a clear call to action and be mobile responsive.
In these days and times, people are searching more and more on their mobile devices.
Mobile responsive sites/landing pages just convert better most of the time.
You might even be reading this post on your mobile device right now.
7. Facebook Group For Support
When you invest in this course, as with many other online courses, you get access to the Modern Millionaires private Facebook group.
This is where you're going to get all the support you need as you go through this course and make progress in your business.
Also, you can tune into live coaching calls each Wednesday. They call these coaching calls, "Tea Time" where you can attend live on Zoom and the coaching is much more personal which I think is great.
8. Email Marketing Training
Believe it or not but, email marketing can be an important aspect of your business. Of course, it all depends on what kind of business you have or what kind of clients you have.
Chance is the one who teaches this part of the course and covers the intricacies of marketing through the use of emails. He starts off by showing you how you can scrape different emails online so that you can put your prospects in your email pipeline with the use of certain tools.
He focuses on providing value while you drip your emails to your email pipeline as the days pass. Chance even talks about how often you should drip the emails to your prospects.
In one of the videos of this section, Chance shows you how you can use Reply.io. This is a sales engagement platform that helps you automate & scale multichannel outreach, so you can generate more leads, customers and grow revenue faster.
In addition to the info in this section, Chance also shares how you can send market analysis videos right in your prospects emails by using a Chrome extension. When they open your email, they'll see your video as opposed to a link to a video. Your open rate will be better by doing this.
9. They Teach All Aspects of PPC Ads on Google & Facebook
The whole point of this course is to actually teach you how to get clients specifically by means of PPC ads that you can run on Google as well as Facebook.
They do well in teaching you about landing pages which I mentioned before. This is one of the first steps in the process of ad creation. Abdul shares a valuable tip which is to find the top landing pages that are out there. You find them on Google if they're running ads. Once you do, his advice is to analyze them and make them better.
By doing so, you can get a plan together to outdo them if you're in the same market.
When it comes to Facebook ads, Abdul takes you through the whole process from how to create ads all the way to how you can continually optimize them so they can keep converting for you.
I think it was good how they share high converting landing page examples to help trigger your brain so you can create your own.
Cons of Modern Millionaires
10. Adwords Training Is Not Updated For Google Ads
This was a bit confusing initially.
This isn't to say that they don't mention at times in the comments under the videos that there are some changes. I think it would have been so much better if they would just remake the videos because the old Google Adwords and new Google Ads platforms are different.
Things are laid out differently and because of that, it could be confusing for new students or anyone not familiar with everything.
11. Stolen Client Acquisition Tactic???
In Module 2, under the 'Getting Clients via Facebook' tab, Abdul teaches a client acquisition tactic or technique that seems all to familiar with what was taught in the lead generation program I'm in.
It's definitely not given the same name but no credit was given to who actually came up with that technique.
It's such a genius way to get clients for sure, that I cannot deny.
To me, it's just interesting to see this technique taught by Abdul and Chance knowing where it came from and how they even share extra material that comes with this training although it's with their own slight touch.
In the lead gen coaching program, this method is taught from A-Z all the way and many students have had a ton of success with it. I will not share exactly what that method is here though.
12. Slight Disorganization
There are definitely so many courses out there that are really disorganized and all over the place. This is not one of them but I do think that some sections could have been moved around.
For example, the information contained in Module 1, 'Getting Started', seems like it would be better off at the end or even in the VIP section of the course.
I felt like it took forever to actually get to the point where you actually start learning PPC ads.
Other than that, the course was laid out pretty well.
13. Do Chance & Abdul's Students Actually Make Money?
The business model Chance and Abdul are teaching is legit, so it wouldn't surprise me if there are some successful students.
Obviously, it takes a LOT more effort and work than they will show you in the sales funnel...
And I think this neglect in realistic expectations has led to a ton of negative responses.
So, beyond the people who think they can become millionaires overnight by investing $97...
Are there actual success stories to show - besides Chance's personal story?
In their sales funnel, you've got videos like this...
But do they actually take home all of that money?
Short answer: Not even close.
For example, the guy making $18K/month is probably spending anywhere from $9,000 to $12,000 just to generate the lead value necessary for the client.
Like I said, I'm sure there are some students who are having success with this model...
But the income claims on the ads and testimonials are a bit misleading to the average viewer.
Warning Signs of Smooth Sales Talk
14. Who's a Good Fit for Modern Millionaires?
If you're new to marketing and looking to run PPC ads as a way to become your own boss, this might be a decent place to start because they cover a variety of different methods.
The COVID-19 pandemic has made so many people reconsider how they want to earn a living. As people were laid off, they began looking for ways to make money online.
Are you the kind of person who isn't looking to get rich tomorrow? Are you dead set on running PPC ads?
If so, this course might be worth looking into.
15. What alternatives are there to Chance & Abdul's Modern Millionaires?
There are so many different methods of lead generation. What Chance and Abdul teach with PPC ads on Google and Facebook as well as email marketing are just a few of the ways.
There are other courses that actually teach those business models well and aren't half as expensive to be honest.
For example, if you want to learn PPC ads, I think Molly Pittman's Paid Traffic Mastery course is a solid option and you only pay $500. In that course, you'll primarily learn Facebook ads and she brings on some of her colleagues to teach about other platforms like Google, YouTube and LinkedIn.
This course is very insightful and the way you'll learn is great because of how enthusiastic Molly is. I genuinely believe that Molly loves what she does and it shows in how she teaches as well as how much revenue she's generating.
After that, you can choose either Dan Henry's Facebook ads course or even Billy Wilson's 6 Figure Facebook Ad Agency course.
Both are solid options that teach you FB ads very well I might say. The only difference would be that Dan Henry clearly invested a lot more money creating his course which means it's more expensive.
Billy's course looks like it was done in his room. It doesn't matter much to me because his content is still just as good.
Pros and Cons of MM
How Does Modern Millionaires Stand up to Other Business Models? Like Lead Generation with Organic Traffic
There's no doubt that in this digital age, business owners need leads. They're always looking for another way to gain new customers. This is why there are many online courses that teach you skills such as lead generation.
Modern Millionaire does just that by teaching you how to gain clients through PPC ads.
Local lead generation has the same goal in mind but it focuses more on accomplishing that goal through organic ranking on Google. There's no doubt that there is also a need here. In what way?
When people need a service done, they go to Google and there's no doubt their intent to buy is high. Many business owners on the other hand don't even know how to bring in new customers. That's where local lead generation skills with free organic traffic come into play.
Running PPC ads is time consuming. Your mind is focused on so many moving parts within the platform you choose to run ads on. Not to mention the due diligence you need to perform to make sure you are efficiently running ads.
With no due diligence, you are going to find yourself spending a lot on ad spend with no ROI. All of this work is very time consuming and won't really allow you to earn your income passively.
Nothing is 100% passive of course but PPC ads are no question less passive than local lead generation with organic traffic.
When creating digital properties that generate leads, it's worth noting that once they are created, your job is pretty much finished. All you need to do at this point is some light maintenance just to make sure everything is smooth and working as you set it up.
This will allow you to focus your time and efforts on other things such as expanding your business, spending time with family and friends or spend time alone. Either way, you are much more in control of your time and there will be plenty of it when you do local lead generation with free traffic.
Chance & Abdul's Course works, but Generating Leads Organically is Better, Here's Why:
I've run PPC ads on different platforms on certain occasions in the last few years and I did make some money. What was crazy to me though was how much work I had to put in.
I am not complaining about work at all, believe me, I love to work and make money. I really just felt that I put in so much more with not enough return for the time and money I put in.
Having to deal with everything that's entailed with running ads like having to split test ads is expensive and just not worth it. I came to the conclusion that running PPC ads is by no means passive.
Local lead generation is my favorite business model and here's how it's all done.
The idea is to build out a website and rank that website on Google. Now, before doing so, you've got to pick a niche you want to generate leads in. Ideally, you want to get into a niche that has a high demand with not much competition. The niche should be a phone driven one as well.
Once you've decided on your niche, you build your lead generation website and use the best SEO (Search Engine Optimization) tactics to rank your site and Google business listing, you'll start generating leads.
You then need to find a local business owner in the niche you've gotten into. After you do, you forward them all the leads that come through your site. Business owners love this type of setup because you're directly helping only them in their town and ensures that you do business with them long term.
That is the goal of course. The more business owners you can do business with long term, the better.
What stands out to me about this business model is the fact that everything is frontloaded. You do all of the work upfront from the niche selection and due diligence, to site buildout and ranking. Once you have all of this setup, all you need to do is then send the leads to a business owner and collect your monthly commission.
At this point, everything runs on it's own. That's how you earn a passive income with this business model.
These sites are your digital properties or digital real estate that pay you every month on autopilot. Making money while you sleep is priceless. You can even scale things so much easier compared to other business models like PPC ads or Amazon FBA.
If you're tired of working for someone else and are ready to live your life on your terms, lead gen is the way.
Local Lead Generation
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