What Is Millionaire Mentors Alliance: Scam Or Legit? Is it a platform you should join or avoid?
In fact, this type of business is quite risky to use these days and is not a great way to build a long-term business.
In my Millionaire Mentors Alliance review below I will explain why that is and answer the question:
What Is Millionaire Mentors Alliance: Scam or Legit?
Here’s The Trick
If you remember nothing else from this post, remember what I’m about to tell you!
The trick is: make the “system” sound way easier than it actually is and people will make a decision based on emotion and not by cold hard facts.
Above all, this is the #1 trick marketers use to get unsuspecting people to buy questionable products.
Consequently, that’s the trap people fall into when joining systems like Millionaire Mentors Alliance.
There are certain words or statements that will instantly tell you something is not right. To clarify, below are some phrases used to bait your emotions, to lure you in.
Words The Let You Know A Program Is Possibly A Scam
If you notice the following phrases used often in relation to a make money online program, run for the hills!
“By the end of one
“In less than one month I made…”
“3 Click System…”
“In just 4 clicks I made…”
“At the end of the day I made…”
“In a few
“Very Little Work…”
“It took very Little Money upfront…”
“It’s already set up…”
“No skills necessary…It’s done for you…”
“It was so easy that…”
How Programs Like This Work
So what is the basic idea behind Millionaire Mentors Alliance?
Pay an astonishing price for the right to resell the product that you purchased to family and friends.
Along with the ability to resell the product purchased, you will receive what they call a “done-for-you” digital business.
To clarify, this is nothing more than a template website, some digital products, and a so-called “proven marketing and sales system.”
However, most of the activity will be focused on getting other people to join Millionaire Mentors Alliance so that you can make commissions.
- Product: Millionaire Mentors Alliance
- Website: millionairementorsalliance.net + other member sites
- Price: $500 – $50,000
- Owner (s): The owners are unknown
- Is Millionaire Mentors Alliance Recommended?: No!
Here Are the Main Sections of This Review:
- What Is Millionaire Mentor Alliance?
- Does It Smell Like A MLM?
- Recruiting Is The Key
- Various Membership Levels and Prices
- If This Program Is So Legit, Why the FAKE Reviews?
- Fake Reviews Used By Millionaire Mentors Alliance
- More Fake Reviews Used By Millionaire Mentors Alliance
- Will You Trust Fake Reviews
- Business Model Bound to Fail
- The Federal Trade Commission Is No Joke
- Build Your Business the Correct Way
What Is Millionaire Mentor Alliance?
Millionaire Mentors Alliance is a direct marketing association composed of part-time and full-time business owners organized to help each other succeed.
Yet they claim they are not a Multi-Level Marketing organization or have any sort of downline you earn from.
When you look at the business in detail that’s exactly how it’s structured. It’s organized in a multi-level marketing fashion.
In addition, Millionaire Mentors Alliance is a high-ticket program similar to another program called Business Success Alliance.
The focus is on baby boomers and retirees who have money to “invest”.
For instance, the sales video makes it seem much easier than what it will actually be.
It gives a false impression that making money with this system is not going to be difficult.
Millionaire Mentors Alliance, however, is a high-ticket online business opportunity.
A person buys into the “opportunity” to make money online so that you, in turn, make huge commissions.
Furthermore, once you become a member, you make money by reselling the same “business opportunity”.
Does It Smell Like A MLM?
Millionaire Mentors Alliance is a high-ticket program.
It’s expensive at the beginning level and gets more expensive with each increasing level.
Moreover, along with the rights to resell the business you purchased, you will receive a “done-for-you” website.
You’ll also get digital products and their “proven marketing and sales system.”
The main focus of this business is getting other people to join
To clarify, the way this business is set up is you earn 100% commissions on whatever product packages you sell. The Bronze Package, for example, costs $500; if you “recruit” someone else who buys the same package, they will earn $500.
Recruiting Is The Key
Furthermore, the same goes for all the other packages and levels. If you recruit someone at the highest level, the $50,000 “Empire” level, you make $50,000.
How the company makes
Using the example of a person who comes in at the $50,000 “Empire” level, the licensing fee would be $1,498 –
The new person coming in pays the $1,498 and goes to the company as a “licensing fee”.
Consequently, as I’m sure you’ve probably already noticed by now, it is incredibly expensive to join into Millionaire Mentors Alliance.
Various Membership Levels and Prices
Look at all of the various membership levels in this program.
There are 7 levels you need to accomplish before you “reach the top” of this pyramid.
This is the typical structure of a multi-level marketing company.
- Bronze – Admin fee $195, Commission- $500
- Silver – Admin fee $198, Commission – $2,000
- Gold – Admin fee $298, Commission – $3,500
- Platinum – Admin fee $398, Commission – $7,000
- Diamond – Admin fee $448, Commission – $15,000
- Elite – Admin fee $498, Commission – $25,000
- Empire – Admin fee $1,498, Commission – $50,000
If This Program Is So Legit, Why the FAKE Reviews?
I took a look at their results tab on their site and saw some testimonies and success stories.
These are from people who are said to have had success with this system.
However, I did some image searches and discovered that these testimonials are invented.
That means the people from the pictures are not members of Millionaire Mentors Alliance.
To clarify, the people behind Millionaire Mentors Alliance have purchased those pictures on stock photography sites.
These photos of FAKE members come from websites like Bigstock and Shutterstock, as you can observe below.
Fake Reviews Used By Millionaire Mentors Alliance
Here is a so-called “review” on the Millionaire Mentors Alliance website:
The above “couple” also appeared for an ad promoting Esquire Bank – I guess they needed somewhere to deposit all of the money they were making from Millionaires Mentor Alliance!
Heres another “review” from Millionaires Mentor Alliance – Take a good look at the pictures:
Well, the so-called “testimonial” was a stock photo from Shutterstock!
More Fake Reviews Used By Millionaire Mentors Alliance
Here’s a clean-cut, honest looking dude – surely this “testimonial” is real:
NOPE! The image for this “testimonial” came directly from iStock Photo!
Below is another FAKE review. I guess you get paid BIG money when your photos come from BIGSTOCK!.
Bought image from Bigstock for FAKE testimonial!
Will You Trust Fake Reviews
Meanwhile, how many more of the reviews on Millionaire Mentor Alliance are FAKE?
They also have a number of YouTube video testimonials on their website.
Are any of these fake Fiverr.com actors, or are they real?
The videos seem to be by real people, however, they could be video testimonials by paid actors.
It’s possible that some of these people could have made money with this system and posted a real video testimonial.
Really…How are we to know for sure?
In light of the above, we’ve established that there are fake testimonials on this website, it raises real doubt about the validity of the others!
Business Model Bound to Fail
However, there is another huge problem in the way the system works.
The only source of money is the actual members of Millionaire Mentors Alliance.
Theres NO RETAIL ACTIVITY outside of the Millionaire Mentors Alliance.
The point is, you’re not selling any retail products to the general public, nor do you have an option to expand your ‘business’ beyond the company.
Consequently, this is the reason why the Federal Trade Commission shut down two very large organizations, Digital Altitude and M.O.B.E. (My Online Business Education)
The Federal Trade Commission Is No Joke
For example, I wrote a post titled “Is MOBE an MLM Scam? The FTC Said YES and What You Need to Learn From This” in which I said the following:
“Let me say this: The Federal Trade Commission…has determined that an MLM company primarily generating revenue via sales to recruited affiliates is a pyramid scheme.
You can’t be providing a genuine product or service value when nobody outside of your income opportunity is paying for your product and/or service. That’s the core of the problem the FTC has.
This was the same situation with MOBE.
Only the people within MOBE was buying what MOBE was selling.
They had to keep making sales within MOBE in order to make the business viable.”
This is a similar issue the FTC had with Digital Altitude/Aspire.
“The bottom line is this: An MLM company without significant retail activity is a pyramid scheme.
The FTC has done their homework and concluded the retail revenue in MOBE among its own members/participants is quite substantial.
In conclusion, if the majority of company-wide revenue is NOT derived from the sale of products and services to retail customers, then look out: You’re in the crosshairs of the FTC!”
Is It A SCAM or Is It Legit
I have said this on multiple occasions:
I don’t care if a make money online product has SOME legitimate value.
If it has FAKE testimonials connected with it, then as far as I’m concerned, it’s a SCAM!
My equation works like this: Fake Testimonials + Exagerated Income Claims = SCAM!
In addition, if people were really making money with Millionaires Mentor Alliance, then why use FAKE testimonials?
Why use stock photos from Bigstock, iStockPhoto and Shutterstock and pass them off as REAL members with real success?
Beyond any doubt, that’s deceptive and fradulent and downright dishonest!
To sum up, from my point of view and from my opinion, Millionaires Mentor Alliance is a SCAM.
Consequently, if it’s ONLY source of generating revenue is through it’s own members buying their own digital products, and NOT through normal retail activity, then it’s a pyramid scheme!
Build Your Business the Correct Way
I have never met a MLM that I liked. Not one!
Every MLM I’ve ever known depend heavily on recruiting friends, family members and aquaintences.
The start up costs are usually ridiculous, and you’re always under pressure to meet deadlines or quotas.
In my opinion, Affiliate Marketing is the best way to make an outstanding income from home every month.
Below are a few reasons prefer this model of affiliate marketing:
- You get to promote whatever products you want or are related to your niche or your website
- It’s possible to start your online business for free
- There is NO RECRUITING of anyone which is a requirement for MLMs
- No direct selling is involved
Wealthy Affiliate Is the Best Way to Build A Profitable Online Business
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It isn’t difficult to do if you have the right training and tools to use. Check out this brief video outlining how Wealthy Affiliate works:
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