Company Name: Six Figure Mentors
Overall Ranking: 60/100
Price: Free 30 Day Trial then prices start at $25/m, $97/m, $2,500/year + Up-sells of higher ticket items
Owners: Stuart Ross, Jay Kubassek
You have found this post today to review Six Figure Mentors Affiliate Program and I am here to give you an unbiased review, but also an insider’s look into this program. I have noticed there are some reviews that slam this company and say it is a scam.
I wouldn’t say that, even though I did join them briefly. Some companies get an unfair wrap. I just like to put figures and facts on the table, you read it and make up your own mind. (Please read my Disclaimer here)
Six Figure Mentors launched in 2010 by Stuart Ross and Jay Kubassek, and are a company who claim they have expertly designed a system that teaches you how to become an effective affiliate marketer. You learn knowledge on how to make money selling other people’s products, without the headaches of distribution, returns and other traditional challenges that everyday businesses face.
Below I will go into more detail regarding the membership, one off yearly payments and ongoing subscriptions. Also listed are the products and tool information as well.
There are probably 2 parts to this Six Figure Mentors (SFM) equation. But on first inspection of SFM, you only seem to learn about them and not Digital Experts Academy (DEA) until after you join.
So there is the Six Figure Mentors with their monthly and yearly memberships. The other part of the equation is Digital Experts Academy with higher paid ticket items.
So not only is this about Six Figure Mentors, but also a brief Digital Experts Academy review as well.
PRODUCTS / MEMBERSHIP OPTIONS
The memberships as pictured, from Essential upwards come with an ANNUAL payment as well as a monthly subscription. So, if you are purchasing Elite at $2,500 for the training and tools, you will be paying that AGAIN 12 months down the track.
FREE to be an Affiliate. This includes – not only all your sales pages and funnels and marketing banners etc – but a consultant to close sales if someone was interested in joining SFM.
(NOTE; ALL LEVELS OF MEMBERSHIP make you an affiliate instantly. But the option of being an affiliate without even joining the program itself and all it’s costs and upsells is quite good.)
Free 30 day trial (with credit card sign up) but then $25 per month.
You are now an affiliate and only have access to old live recordings and an introduction to the Digital Business Lounge, (you will see the tools explained below). And also access to a consultant and videos to learn online skills.
As the title suggests, it is just access. If you are new to the online world guidance and applying knowledge learned is key. And updated training is really important also. No point in using outdated methods.
$297 one off payment to begin (however this $297 becomes an annual cost) then $97/mth.
You get access to the Six Figure Mentor digital business system and to a senior business coach, plus access to the Digital business lounge which is explained in the tools below.
Includes also the smaller subscriptions below like the Digital Business Lounge, Graphix Creator, and Lead Capture pages.
You can now attend (at an additional cost) the live events held in various countries (US, UK, CAN, AUS) throughout the year and also access to a private community site.
Commission when referring an Essential Member:
$200 from the one off and $200 per year if they reinvest at this level
$20 from the monthly recurring subscription
$2500 one off payment to begin (however this $2,500 becomes an annual cost) then $97/mth
Elite is a private mastermind with live webinars and lots of training and coaching from the co-founders Stuart Ross and Jay Kubassek. This membership is for fast tracking your way to success as you qualify for the high commissions by promoting the Six Figure Mentor memberships/training and tools.
Like the Essential membership, it also includes the additional smaller monthly costs of Simple Lead capture pages, DBL, Graphix creator and Simple trakk.
Commission when referring an Elite Member:
$1000 from the one off and $1000 per year if they reinvest at this level
$20 from the monthly recurring subscription
DIGITAL EXPERTS ACADEMY (DEA) High Ticket Items
These are heavily involved programs, some with hands on workshops and events depending on what level you purchase at.
Here are the cost of your DEA products below and also more info here;
DEA Silver $3,000
DEA Gold $8,000
DEA Platinum $11,000
DEA Black $20,000
Commission on DEA Products:
You get 5% on sales of these products if you are an Essential member and 10% if you are Elite.
10% commission of DEA Black is $2,000
Checkout the full Six Figure Mentors and DEA payment structure here.
TOOLS & COSTS Associated
Digital Business Lounge: $37 or $67/mth
A platform to create your own website and blog that is done quickly and easily. No need to host your site anywhere as well so this additional cost is covered.
Simple Lead Capture: $29.95/mth
Make lead capture pages without knowing how to code or design yourself. This is a page builder program where you can create, edit and publish your own designs to suit your needs.
Graphix Creator: $99/year
An application to create ebook covers or perhaps a cover for a product you may own.
Simple Trakk: $9.95/mth
Very important to know where your audience is coming from, so this gives you funnel tracking capabilities and the ability to split-test.
THE GOOD AND THE BAD
- Teaches basics on affiliate marketing to get you started
- Lots of training videos to get you informed how to market
- Sales team to close your leads so you do not have to
- Ongoing commissions and the possibility to make $1000
- Includes a website, however only for Elite members
- Support is readily available and lots of it
- 30 day money back guarantee
- Free 30 day trial can only be given after giving credit card details
- Not really clear when joining, as there is not only the Six Figure Mentor program but the Digital Experts Academy as well, which are separate programs/products. DEA are all the high ticket upsells you learn about when you get in
- Very limited training and offerings on the $25 package so you really have to upgrade to get access to more tools and training
- Additional fees for tools (Digital business lounge, Graphix creator etc,) if you come in just as Student access
- The higher ticket items could come with higher commissions
WHO IT IS FOR?
They claim it is for these following people;
People dissatisfied with their job or employer.
Stay at home mums or dads.
People after extra income or wanting to change their life path.
Unemployed people. (mmmm, wondering how they will pay for any of this?)
Retired veterans and Grandparents.
Those with zero business experience.
Affiliate and network marketers looking for additional opportunity.
College and uni students.
The list goes on….
I think it may be more suited to the seasoned marketer.
They seem to have a lot of support from system consultants to new member services but you don’t have direct access with the owners unless you are part of the bigger ticket items. There is no live interactive support, just a private community which can take time to get queries answered. You can have a consultation, however an appointment has to be made.
When you join this program, you are basically taken through steps. You follow this information, and it will only take you so far unless you buy (dearer memberships) and further into the program. So if you are not prepared to pay as the memberships outlined above, then you wont get very far.
I think when you join something, you should know all there is to know about it.
I do hope you enjoyed my review of Six Figure Mentors affiliate program and can decide from the information if it is a fit for you.
Please read my Disclaimer here.
Wealthy Affiliate My No.1 Recommendation Vs Six Figure Mentors
Make it an awesome day,