TLDR – What’s The Verdict On The Modern Millionaires Program?
If you’re wondering whether the Modern Millionaires program is worth your investment, let me share my perspective.
What the course plans to do is to give you the skills you need to become an independent business owner in the lead generation business to create passive income streams for long term growth.
Here’s how it works…
In order to expand your clientele, you need to get in touch with nearby business owners after launching your ad agency. Since many of these companies are unfamiliar with running paid ads, you can help. On their behalf, you will run ads on Google and Facebook.
This program does give you the information and skills you need to use Facebook and Google ads to launch your own ad agency.
But when it comes to lead generation, there are right and wrong ways to go about it.
Ads are getting more expensive as time goes on which means you will always need a bigger budget, especially the amount of money you will use experimenting with different ad campaigns.
The Modern Millionaires training does give you the ability to make some money online.
But here’s the catch: the cost of the program is pretty steep compared to what you might get in return.
If your goal is to master Facebook and Google ads and land a couple of clients, then sure, this program could work for you. You’ll do just fine.
Personally, I believe it’s better to invest your money in a program that offers a broader skill set. Why? Because when you can offer more to your clients, you can charge them more in return.
As a matter of fact, I have a suggestion for a different program that I personally support that.
This thing called digital leasing teaches you how to make passive income without having to work nonstop to keep things running and constantly spending your money on ads making it a more cost effective choice.
Who Will Benefit From The Modern Millionaires Program And Who Is It Not For?
Certain people are better suited for some programs than others, so if you meet these conditions, Modern Millionaires might be a good fit for you:
- You’ve saved a sizable sum of money to launch an online business and can afford the losses until your passive income rolls in.
- If you would like to learn some skills to get you started on your ad agency so you can run paid ads.
- You were successful in launching an SEO business that helps in getting websites to rank highly on Google.
Maybe you should seek for something different if any of the following describe you:
- If you want to make a wise investment, this Trustpilot User expresses his disappointment with the $6,000 program they had purchased called “done for you”. They thought the training was of low quality and that you could get the same knowledge for free on YouTube. The company underperformed, made empty promises and regularly arrived late for meetings. The reviewer felt they got nothing in return for their money when the company stopped answering their messages. The reviewer strongly warns against doing business with this company based on their experience.
- If you are looking for stability, this Trustpilot User, who along with their spouse spent $15,000 on the Modern Millionaires program, expresses unhappiness with the program as the The “Done For You” program they invested in was replaced with “Diamond.”
- If you are looking for a business where intense competition isn’t an issue, this Trustpilot User explains that people must pay a hefty fee to Modern Millionaires in order to learn how to manage their own ads firm but because Google Guarantee already covers the marketing sectors they suggest, there is rivalry and it becomes harder to get leads.
| Area | Score | Description |
|---|---|---|
| Time Investment | 3.3 out of 5 stars | Setting up the Modern Millionaires program takes effort and commitment. It will take hours to learn how to handle higher-end clients and run social media ads. |
| Level of Command | 2.2 out of 5 stars | Your clients can end your services at any time, giving you no digital assets, even though you keep control over the ad campaigns. |
| Ease of Implementation | 3.5 out of 5 stars | The course is broken down into chapters that cover basic understanding to more advanced knowledge on Google and Facebook Ads but the problem is that it is an oversaturated market. |
| Profit Potential | 3.1 out of 5 stars | Financial freedom is promised by the program but it is not passive or even guaranteed. Your earnings depend on your clients and if you can keep them. |
The Modern Millionaires Review At A 1,000 FT View
Let’s start with the basics.
The Lead Generation Business Model
The Lead generation that this program is focusing on are the ones that help local small service based businesses.
Local lead generation is basically a process of connecting the guy who needs their roof repaired to the guy who can repair their roof.
This training program aims to teach people how to generate leads for local businesses by showing you how to create and manage custom ads which are mostly on Google and Facebook. It helps businesses attract more customers to their local area.
It isn’t an uncommon skill as there are lots of online courses that also cover this…
Compared to other online money making methods, such as affiliate marketing (as described in this Super Affiliate Network review) or selling products on Amazon (Zen Arbitrage review), you are actually making changes in your community, so that’s a plus.
Who Are The Modern Millionaires Gurus? Meet Chance and Abdul
Have you ever seen those online programs that say they can make you a lot of money?
It’s pretty exciting, right?
But you might be wondering who these people are behind these programs and how they promise to make you rich.
Meet Abdul Farooqi and Chance Welton
Abdul Farooqi is from Vancouver, Canada and he graduated from the University of British Columbia with a bachelors degree in commerce. Growing up in a busy city Abdul enjoyed playing around with computers and discovering all the things he could do online.
After graduating, he became an investment banker but then he realized he didn’t want to work the regular 9-5 job forever.
He was looking for something more flexible and stumbled upon internet marketing. In 2013, he even started his own company called Samad Consulting.
Chance Welton was raised on a farm in Idaho and he also didn’t want to live a boring life of working a regular job from 9 to 5. So, he made a decision to live out in a van with his girlfriend before making moves in lead generation.
They both had to go through a learning curve of understanding the business model and took mentorship and training under Dan Klein, who is another big name in the lead generation world, having a program called “Job Killing.”
Chance is great at promoting things and focuses more on the marketing side whereas Abdul is good at finding leads and closing sales.
| Youtube Channel | Link Here |
| Website | Link Here |
| LinkedIn For Chance Welton | Link Here |
| LinkedIn For Abdul Farooqi | Link Here |
How Much Does Modern Millionaires Cost?
Three primary packages at various pricing points are available under the Modern Millionaires program.
- The Modern Millionaires cost for the DIY Package is $7,995, which includes access to their Facebook group and training videos but not individual coaching.
- The Modern Millionaires cost for the DWY Package is $12,995, includes everything from the DIY package alongside some coaching.
- The Modern Millionaires cost for the DFY Package is $19,995, which may now be called the Diamond Package according to this Trustpilot User. This package offers a personal coach and the chance to resell Leadific items using supplied leads.
Remember that lead generation requires extra costs, such software subscriptions and paid ads for yourself as well.
Can You Get a Refund From The Modern Millionaires Program if You Decide to Join?
No, as you can see from the above image taken from their website, a refund is not available. So if you cannot afford to lose your initial investment, it is not advisable to purchase this program.
Is Modern Millionaires Legit Or A Scam?
“Is Modern Millionaires legit or a scam?” is a question that comes up often and here’s my take on it.
We have taken an in depth look into this program and what the course mainly teaches you is how to make money online through ads. The three main problems with ads is that:
- They cost money and the prices are always going up every year.
- You can get banned if you don’t follow their strict policies and guidelines.
- You have to always monitor your account to make sure you don’t go over your budget as your ad campaigns can underperform which can make your expenses go up.
Now, you are not going to master ads in a short amount of time and you need a combination of skills to get good at it. Here are some skills you need:
- Strong copywriting skills.
- Understanding SEO (Search Engine Optimization) and how digital marketing works.
- Understanding the market as it is always changing.
- Managing your projects and campaigns.
Even though this program doesn’t offer a wide range of skill sets, it is still a legit way to make some money online but it just isn’t our top pick because of the fact that This Digital Leasing Program has taken the lead generation business model to another level.
If you could put in a couple of hours of your spare time into building a single digit asset and get a $500 to $2000 monthly payment as a reward, wouldn’t you feel more at peace? And, on top of that, be able to double it the following week?
This is why digital leasing has taken the lead generation model to another level, all you need is a laptop and an internet connection for you to live a flexible lifestyle.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A balcony facing the beautiful mountains in Switzerland
- A beach chair beside the sea in Italy
- A small villa in Cyprus
They are able to live their lives to the fullest, travel the world and not worry about their income because even if they stopped working, they are not stressed about money as it keeps rolling in.
Differences Between Paid Traffic and Free Traffic?
Paid traffic makes it possible to scale campaigns with higher budgets and generate leads quickly.
It can also draw in wealthy customers and bring in money. Ongoing oversight, adjustments, and monthly reporting are necessary, however they can be costly and time-consuming. Clients may end contracts at any moment, and there is no ownership of the assets.
Free traffic via SEO has long-term advantages.
With free traffic, you own your website and even if one of your clients leaves, you can easily replace them. When business owners don’t have to pay for each impression or lead, they are more interested to work with you. Compared to paid advertisements, profits from free traffic have bigger margins.
Paid Traffic
Advantages:
- Fast Lead Generation: You can quickly generate leads by using paid traffic. With focused advertising strategies, you may quickly draw in new clients and begin making money basically right away.
- Scalability: You can scale your campaigns as large as you like when using sponsored traffic. You can grow your audience and possibly produce even more leads by giving your campaigns that are performing better a larger budget.
- Target Campaigns: Paid traffic enables campaigns that are better tailored. The likelihood of conversion can be increased by targeting particular demographics, interests, and behaviors in order to make sure the proper people see your ads.
Disadvantages:
- Lack of Ownership: Not having any assets is a drawback of depending only on paid traffic. Ongoing advertising efforts are essential to your success; if you stop spending, the traffic and leads will stop coming in.
- Continuous Monitoring: You must keep an eye on and make adjustments to your paid campaigns in order to guarantee their success. This calls for time, work, and possibly extra costs for equipment or consulting fees.
- Potential Cost: If you’re targeting competitive niches, paid traffic may come at a high cost. If your conversion rates and returns are poor, cost-per-click (CPC) rates are subject to change and can add up to a substantial cost.
Free Traffic
Advantages:
- Ownership and Control: Your website and the material you create are entirely under your ownership and control when you use free traffic. This means that you may increase conversion rates, establish brand credibility, and keep all lead generation revenue.
- Greater Profit Margins: Free organic traffic typically yields larger profit margins than sponsored traffic. Your revenue can have larger margins because you’re not paying for each impression or lead.
- Long-Term Passive Income: Long-term gains can be obtained from free traffic, especially when it comes from organic search engine optimization (SEO). After your website is search engine optimized and performs well, you can start receiving consistent organic traffic without having to pay for advertising on a regular basis.
Disadvantages:
- Investment and Patience: Both of these are necessary to generate free traffic. It takes time, effort, and understanding of SEO best practices to create and rank websites organically. Results can take weeks or a few months to show; it’s not an instant fix.
- Website Costs: You will need to build your own website, so there will be money coming out of your own pocket.
- Conversion Rate: Free traffic does bring in visitors to your website but converting them into customers can be more challenging than paid traffic
How Is This Modern Millionaires Program Different From The Rest?
While I think this is a wonderful question, I’m thinking you actually want to know how the Modern Millionaires program compares to other comparable programs.
Local Marketing Vault also teaches you how to generate leads. The course teaches you different areas of the business such as sales, prospecting and even copywriting. However, the program focuses on ads which increase over time and end up costing you a lot if you aren’t monitoring your campaigns well.
Growth Cave is a course on local marketing that has six modules teaching you how to generate leads and other moving parts similar to Local Marketing Vault. However, there is lots of work to be done upfront and it teaches you how to run an agency, which is not passive income.
Digital Storefront is an online digital marketing course in which it teaches individuals about local lead generation. The guru of the program is Cory Long and he has built successful businesses from scratch. You will be taught by someone who does have experience however, the tactics he shares are pretty much outdated.
As you can see there isn’t much difference between the Modern Millionaires program and these others as they teach pretty much the same skills. There are better options out there though that teach these skills plus a lot more.
My Personal Opinion On The Modern Millionaires Program
I’ve considered every aspect of this course, and this is my opinion.
It’s important to know that there are no shortcuts and that earning money while you sleep involves hard work. Chance and Abdul do provide a helpful Facebook community for their students but the training may not offer all that can be accomplished, even though it is not a scam.
In this business strategy, being an extrovert and accepting rejection are often requirements for success. This training may be beneficial to you if you have the necessary funds and the correct attitude, but success is not guaranteed.
There are five things you should consider before purchasing any online course.
- Mindset – Consider your expectations before you even hit the “buy” button. To have success in anything, you need practice, patience and a willpower to see things through. Success requires practical experience.
- Reviews – A search on Google for “The Modern Millionaires review” will bring up a number of different opinions. The problem is that most reviews are from those who found the course to be unsatisfactory. With the possible exception of a few public success stories, successful people are usually silent.
- Expertise – Is the instructor genuinely knowledgeable about the material they are teaching? Are they only skilled at pitching courses, or have they actually done this stuff in real life?
- Quality – Is what you’re learning meaningless or is it genuinely helpful? Is it a course that will provide you with useful tools?
- Updates – The online environment is dynamic and ever changing, you need to see if the course is keeping up? Content that is up to date is what you want, not outdated information that was effective five years ago.
Would I Recommend The Modern Millionaires Program?
This reviewer points out that the advisors provided a good financing option and showed attention to detail. The reviewer also values the community’s active participation in the testimonies.
This reviewer calls the experience a waste of $6,000 and shows major dissatisfaction with it. They say the training was of low quality and they regularly arrived late for meetings, also that their questions were hardly answered. The reviewer expresses regret for their choice to engage with this program and ends by strongly warning against it.
It is obvious that there are differing experiences with this program based on the opposing viewpoints voiced in the reviews. One reviewer highlights the benefits, pointing out things like proactive community involvement, but another one expresses their displeasure loudly, calling it a waste of $6,000.
Based on some of the reviews, I would not suggest this program considering all of these worries.
Programs that regularly offer their members clear communication and a nurturing atmosphere should be given top priority.
I suggest trying something like trying something like digital leasing, which has more upside and potential. Not only do you get sales training, but a professional and empathic training system that values your time and communicates clearly.
What’s Inside The Modern Millionaires Course: What Does It Offer?
The Modern Millionaires program is divided into a number of modules that are aimed to give in-depth instruction on every aspect of launching and growing a paid advertising business. A brief description of every module is provided below:
Module 1: The Foundation
This is all about starting and setting up a business from scratch. It goes over how to put up an agency website and how to buy a domain name. It also discusses the importance of keeping a positive mindset if you want to run a successful business as it has many ups and downs when you first begin.
Module 2: Prospecting And Sales
Getting your first clients and creating leads are covered in Module 2 and it begins with the basics of prospects and walks you through the process of finding what you’re good at and managing leads using an online CRM system. It also tells you how to take payments, close deals with potential clients, how to use LinkedIn to gather leads and also a bit of cold emailing.
Module 3A: Driving Traffic With Google Ads
The goal of this module is to teach you how to use Google AdWords to create leads and drive visitors. It offers a guide on how to use Google AdWords as well as understanding how Google Analytics works to optimize campaign effectiveness.
Module 3B: Driving Traffic With Facebook
This is all about how to create leads and increase traffic, similar to Module 3A, but it places more attention on using Facebook Ads. It explains how to get in touch with and interact with clients by making the most of Facebook’s Ads platform.
Module 3C: Driving Traffic (Lead Nurturing)
Module 3C is a combination of the ideas given in Modules 3A and 3B. It tells you how to follow up with leads that you get from Facebook Ads and Google Ads campaigns. This will help you in getting these leads and turning them into real clients.
Module 4: Auto-Pilot
This module will show you how to improve productivity by putting in place mechanisms for smooth operations and also covers issues on how to select and train employees. It basically talks more about the hiring process.
The training program pretty much covers all the necessary elements of creating a successful agency, from the groundwork and attracting potential clients to generating traffic through popular ad platforms. The course offers a road map on how to launch a paid ads agency. However, it does have its pros and cons as some people have complained about the lack of support they have received from the creators of the course.
What is The Leadific App By Chance And Abdul?
Leadific is a Modern Millionaires App and was founded by Chance and Abdul with the intention of helping marketing agency owners in running their businesses and generating leads more effectively.
It gives you lead management, client management, sales monitoring, and prospect management, among other customer relationship management (CRM). The software claims to offer a well organized and a quick fix for managing client communications and lead creation.
Leadific’s focus on lead generation is one of its key features as small businesses and digital marketing agencies can increase their consumer base and successfully create leads by using its in app features. It is a useful tool for businesses who are trying to expand and boost their sales.
It further markets itself as an optional service that digital marketing businesses can provide. Agencies can add another source of income and give their clients more solutions.
Leadific is said to be simple to use and navigate by users. Because of its friendly interface, individuals with little or no technical expertise can use the platform. This user-friendliness can shorten the learning curve and save time when adopting new software.
The app costs $299 per month and you only get access to Leadific if you get the DFY package, which may now be called the Diamond package.
However, Some users have expressed their concern that Leadific fails to deliver the results they want and like any product or platform, you need to know how to use use its functions to gain its benefits.
There are also potential upsells inside the ecosystem as this Reddit user, who has a background in sales and marketing of over 40 years tells us that they are just selling you dreams of getting rich quickly and sees that as a major red flag. This user goes on and also tells us this model is just a way to upsell you and that the services they provide can be learned for free.
Conclusion: Is The Modern Millionaires Program Worth Investing In?
So, should you go all in with the Modern Millionaires Program?
This program is suited well for beginners as it does offer guidance on Facebook ads and Google Ads. This makes it easier for newcomers to grasp essential concepts in online marketing.
It also offers a supportive community and helpful environment. However, certain reviews have shown that they have a tendency of not always arriving on time and there is a delay in responding. There are also concerns regarding the program’s potential to live up to expectations, where certain features might only be available to members in higher tiers.
If it comes to teaching you how to get leads for businesses, this course is not the best but not the worst either. It sits on average with many similar courses out there.
But, there are better choices available if you’re looking for long-term passive income then you might want to look at other options such as this one being my #1 pick
What Is My #1 Way To Make Money Online In 2024?
I have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Leasing is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Leasing business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
2) You Own & Control EVERYTHING: Unlike other lead generation models that mainly use paid ads as their source of traffic, Digital Leasing gives you full ownership over every single asset, which means you have all the power and all the control. So you don’t have to worry about getting your account flagged or even shut down.
It’s like being the owner of an apartment building who rents each unit out to his tenants instead of a tenant who sublets to another tenant.
3) Little To No Startup Costs: It’s possible to get into Digital Leasing with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket… even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
Also, when trying land a client, you can offer them free leads in advance to show that you can actually provide them the value for the money, and it won’t really cost you anything.
The problem with the style of lead generation Modern Millionaires teaches you is that if you don’t have a track record, you might face some difficulties trying to convince a potential client to give you their money before you’ve proven yourself. So you will have to pay for ads to get them leads in advance.
4) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
Using the Paid Traffic model, you could duplicate campaigns (which will cost more money), but you could also run a risk of get your account shut down.
5) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Leasing, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Leasing makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours.
You could continue browsing, looking at courses like The Modern Millionaires program which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Leasing.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income),click here to learn more about Digital Leasing.
