Name: Six Figure Mentors (a.k.a. SFM)
Price: $29.95 + $97/mth + $297 + $2,500/yr + up to $20,000
Owners: Stuart Ross and Jay Kubassek
Bare Naked Scam Rating: 1 Thumb Down
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Is Six Figure Mentors a Scam?
This question is asked by many, and there are equal amounts of good and bad reviews.
I am not an affiliate of Six Figure Mentors, but I have the first hand experience on the program, so I think I am qualified to give an unbiased and truthful review.
If you are looking for an insider review on Six Figure Mentors, you have come to the right place.
In 2014, I wrote a review on Carbon Copy Pro and I was shocked by the cost of that program which was developed by the 2 co-founders of Six Figure Mentors (Stuart Ross and Jay Kubassek).
Carbon Copy Pro was the front runner for the promotion of an internet marketing educational course, Digital Experts Academy (“DEA”), which cost in the range of $3,000 to $20,000. Carbon Copy Pro wounded up and it re-directs its visitors to Six Figure Mentors.
Six Figure Mentors inherited the Digital Experts Academy and they are now promoting it to its members.
Before we jump to conclusion, I would like to first say that the Six Figure Mentors does provide good knowledge on Internet Marketing to its members, but the problem is with its cost and its roadblocks which I will be discussing in this review.
Fundamentally, Six Figure Mentors is not a scam.
I agree with most reviews mentioning that the knowledge of Internet Marketing, which Six Figure Mentors is providing, could be found on the Internet for free. But, the problem is that even if you have this knowledge, without a proper step-by-step guidance, you wouldn’t know how to apply them.
Joining programs like Six Figure Mentors is necessary to get you started in my opinion, but there are better programs out there offering better curriculum and at a much lower cost.
For example, in order to join Six Figure Mentors, you have to pay a subscription fee of $29.95 and complete a survey which asked for personal questions like your monthly income, etc.
The $29.95 will NOT get you to the full system of Six Figure Mentors, it will unlock an Introductory course that explains what you will be doing in the program and how you can make money online. In contrast, this alternative program, gives you much more introductory knowledge on how to make money online for FREE.
Six Figure Mentors Application – The inside
Like I’ve mentioned above, with a $29.95 application fee, you will be able to get access to the “Module 1 – Introduction” course.
In this module, you will be introduced to the Make Money process on the Internet, the different types of advertisement, why you need a website, why you need to build a list, and why it is important to provide value to readers.
You will also be introduced to several products within the system of Six Figure Mentors, and why you should promote them. Here is a list of products within the Six Figure Mentors:
- SFM Digital Business System ($297 + $97/mth)
- SFM Elite Mastermind ($2,500)
- Digital Business Lounge ($37 or $67/mth)
- Simple Lead Capture ($29.95/mth)
- Graphix Creator ($99)
- SimpleTraxx ($9.95/mth)
- Digital Experts Academy – Silver ($2,500)
- Digital Experts Academy – Gold ($8,000)
- Digital Experts Academy – Platinum ($11,000)
- Digital Experts Academy – Black ($20,000)
Basically, in my opinion, there are not much knowledge or actionable items you can get from the Module 1 Introductory course.
You have to upgrade your membership to “Basic” in order to get “Partial” access (more discussed below) to the SFM Digital Business System with the Attraction Marketing Module. The cost of the upgrade to the “Basic” membership is $197 plus a monthly fee of $97 if you upgrade within 3 days.
The SFM Digital Business System – Getting Deep
The SFM Digital Business System consist of a total of 5 modules, 1 of which I have already gone through with you above.
Module 2 – Your Blueprint
[PLEASE NOTE: WHAT I AM SHARING BELOW WAS PURELY MY PERSONAL EXPERIENCE WITH THE PROGRAM]
Every step of the program, you will be hit with a road block where you “need” to complete the certain tasks in order to move forward. This is something that I feel irritated about.
In Module 2, there are basically 4 parts, and I got stuck at Part 1 because I was told that I needed to contact my SFM system consultant to get a registration link to a Live workshop. This Live workshop is where new members congregate to share their life experiences, why they want to be in SFM, and what they want to do to change their lives.
I get that it is always a good exercise for beginners to share their problems and fears, but as for an experienced internet marketer like myself, I was in hope to be spared from this step, but I realized I couldn’t.
In the 4 parts of the Module, you have to complete several trajectory worksheets which evaluates your current life (past 10 years), your circle of influence (people around you that influences your behavior), and determine the life you want in the next 12 months.
I wanted to proceed on with the other modules of SFM because I do not see the value of this Module and its exercises because I have gone through similar exercises before, though not with SFM, and I am not about to do it again.
Well, for the sake of following through, I’ve sent an email to my SFM system consultant and I did not get an immediate response, which I presume should be an automatic process. Technically, I was stuck at part 1 for a day, and roadblocks keep on coming.
Module 3 – System Setup
Before completing Module 2, I had to complete and submit a survey which asked questions like:
- How do you plan to promote SFM/DEA?
- How much can you afford to pay for SFM/DEA products?
- How much is your monthly budget for promoting SFM/DEA?
In the first question above, I had specifically selected the option where I showed interest in promoting other products other than SFM, yet there are no separate training on the promotion of other products (maybe there is but just that I didn’t see it?).
Up until Module 3, I personally feel that I have not received any valuable information. Don’t get me wrong, I am sure that there will be at least some valuable information on the SFM modules, but it is slow to come and I am running out of patience trying to squeeze some knowledge out of SFM.
In order to move forward to Module 4, I have to schedule a Skype call with one of the SFM Business Strategist, where he will interview me to determine if I am “Suitable” to upgrade to the Elite Membership. After the Skype call, I can then get the Module code to unlock Module 4 – yet another roadblock.
Look, I have expressed interest in learning what SFM has to offer, and I am not willing to promote SFM after hitting on so many roadblocks.
What’s more, I tried to schedule a call with the SFM Business Strategist but I realize the earliest slot that is available is two weeks away (your experience might be different from mine).
To be honest, when I first joined SFM, I was excited about the program and I wanted to promote the product because of the many raved reviews I’ve read, but after personally experiencing the program first hand, I can’t recommend it because I am thoroughly disappointed in the program.
Why SFM is not suitable for Advanced Marketers?
If you have the money and the patience to wait for the slow coming modules, you can join SFM, I’ll leave the decision to you. In my opinion, if you do not intend to promote SFM, there is no point in joining.
As advanced Marketers, I am sure you will not be willing to pay thousands or ten thousands of dollars to get the knowledge right? We know that knowledge on internet marketing does not cost that much.
My Sincere Advice to You
I believe that there is some valuable information in the program, and the learning environment is good for beginners, but I personally think that the program is way over-priced. The cost of the highest membership, Digital Experts Academy Black, is equivalent to the cost of a university degree. At least I get a university degree once I complete the course, but in Six Figure Mentors, there is no guarantee of success.
The program is conditioned for you to promote Six Figure Mentors and to make money from it. It is not meant to teach you to be a true affiliate marketer. A true affiliate marketer is one who can select any business that he/she is passionate about.
I’ll be honest with you, I could have promoted SFM and make lots of money with it, given the high prices of the products and the commission level, but I chose not to because it will be unethical for me to do it.
If you are serious about making money online, but you have a budget to look out for, I would suggest that you check this program out instead. I have personally tried and tested this program and I find it beneficial to novice and advanced marketers.
If you would like to discuss more on Six Figure Mentors, please feel free to leave a comment below. If you find my article useful, please feel free to share it with your friends and family by clicking on the social media buttons (Facebook, Twitter, Google Plus).