It’s my goal to save you time, so for those who are looking at affiliate marketing as a way to make some extra cash (and potentially reclaim their time), I’ve looked into another program that you may have run across in your searching. It’s called Millionaire Society. Is Millionaire Society a scam, or is it legit?
Name: Millionaire Society
Owner: Mack Michaels (fake name)
Price: $4.95 for 7 days, then $97/month+upsells
Overall Rank: 15/100
Best For: Anyone wanting to over-spend for a product that under-delivers.
This program is advertised with a compelling video that basically promises you a turn-key business you can start up in 15 minutes. Looks interesting, so I dug a bit deeper.
You can join this program for $4.95 for the first 7 days. So far, so good. Even if it sucks, that’s not a lot of money to kick the tires. After that, it’s $97/month, which I consider a bit pricey – especially considering that you also have to pay for your own website hosting. But, if it really does what it says, and you can jump in and quickly make money with a turn-key business, it would certainly be worth the price.
The Low Down
In my opinion, it over-promises and under-delivers. It doesn’t look like the training videos have been updated for years. Most of what you see when you first log in are several sections of videos on how to build a Web site. There is more, but right off the bat, you are wondering how what you see inside reconciles with the sales video. First red flag.
The next place I looked was their Facebook page. It hasn’t seen action since 2011. This is a big red flag for an Internet-based training business. It looks like it was put up for show and left there. Nine years is an eternity in Internet time. Second red flag.
Also, the owner’s name is fake. Why would a creator of a good product want to hide his real name? Third red flag.
If the above wasn’t enough, the parent company, Maverick Enterprises, LLC, has an “F” rating from the Better Business Bureau. It was on the BBB website that I found a home website for this company. Interestingly enough (but not a surprise), the home page listed, “maverickmoneymakers.com”, was just a sales landing page for another online business program. You enter your name and e-mail address, and they send you instructions on how to separate money from your wallet. Fourth red flag.
While I won’t sit here and say Millionaire Society is completely useless, as there is some information available to you after joining. However, it really doesn’t deliver what was promised, which was a turn-key business. You’d be much better off with my recommended product, found in this REVIEW.
To summarize, here’s a few bullet points on my findings:
- Dated content.
- You cannot be “up and running in 15 minutes” from scratch, which you’ll quickly figure out after logging in. This may lead you to…
- $149 up-sell (Fifth red flag), to unlock more stuff. You might be tempted to pay up and see if this is how you can get your turn-key business. And if you bought this, and felt you still need more to start up your “turn-key” business (and I’d bet money this is the case), there is…
- ANOTHER up-sell! (I’ll stop counting flags now.) That’s right, if you make if past “fool me once”, they will give you another opportunity to hand over more of your money. Some will do so in the now fading hope that THIS one will get you the “turn-key” business promised in the convincing sales video. (They understand the psychology, here. They know that once you’re in for a the first chunk of money and discover that you still don’t have what you expect, you can easily get sucked into the next up-sell, in order to rationalize having paid for the first one.)
- Initial training is basic. You can find similar information for free on YouTube.
- If you can produce a turn-key business with this program, you have to buy all the up-sells, costing hundreds of dollars. This was never mentioned in the sales video.
In full disclosure, I did not buy the up-sells. There were too many warning signs for me to part with my cash on this one. Therefore, I cannot unequivocally say that if you pony up, you won’t get what they say. I think the odds of actually coming out of this with anything other than a much lighter wallet is slim, but I can’t speak definitively on something I didn’t buy.
My take is that if the sales video is misleading, you probably can’t trust what’s inside. It’s not advised to spend the additional cash for the up-sells just to find out if it really does what it says. What quality product does that? I don’t generally trust fishing expeditions when my cash in on the line, and I don’t recommend you do, either. There are much better, cheaper options out there.
Why Is It Still Being Marketed?
The reason you might still see this being marketed around the Internet can likely be summed up with this picture:
What you see is a snippet from the affiliate marketing side of the picture. It is an active product on ClickBank. ClickBank, itself, is a reputable company, but they don’t really ensure that all products are quality and deliver on promises.
I’ll not go into all the numbers you see in the picture, but if you look at the big number in the top right, you’ll see the average an affiliate marketer will make per referral. At least this is what they advertise. It certainly catches your attention if you are an affiliate marketer. And if you don’t research a product before you market it (or don’t care, as ethics are optional to you), well…
In my opinion, you should know the product you are marketing, and should actually like and/or use it. You should also be honest about it, telling the good and the bad. That seems pretty basic, but some don’t do this. There are simply too many good products out there to be marketing bad ones – even if, in this case, the commission is high.
Reclaim Your Time opinion: Borderline Scam (avoid)
Millionaire Society gives affiliate marketers a lot of information to help sell their product. I was surprised to find helpful videos, and a lot of downloadable content and guides that would assist me to sell their program. They may have put more effort into the sales side, than the product, itself. Unfortunately, a few of the suggestions they gave struck me as a bit unethical, which is yet another red flag.
As for Millionaire Society as a business building platform, it’s all down hill from the sales pitch. It’s not useless, but I wouldn’t expect to do well using it for building your online business today.
If you are interested in affiliate marketing, please read my review on Wealthy Affiliate, HERE. It’s a superior platform, and you can try it out for free. Even better, the business model they teach is highly ethical, and they provide the tools you need and website hosting… all for free. Even if you upgrade to Premium, it’s only $49/month (less, if paid annually). That’s a LOT cheaper than Millionaire Society, for a much better product.
Please feel free to leave a comment, below. I value your input.