100% independent review of the Six Figure Mentors offer by Nicola Cairncross, who is an 3 x Author, Speaker, Podaster & 20+ years internet marketing veteran.
I was approached to become a “Founder Member” by a couple I know, like and respect. They were heavily involved with the Six Figure Mentors launch, as is Daniel Wagner, who I also know, like and respect. Daniel is one of the “good guys” in Internet Marketing mentoring, he really seems to care if his students succeed and I know that many of them do just that.
So I got some more info and watched a short video (I’m not going to link to it – you can find it all over YouTube and Facebook). I know their offer includes hosting and website production tools among lots of other things.
All well and good you may think….except I don’t need hosting and website production tools. I have those already, I use the “best of breed” tools for my level of business.
But If I Want To Get Online, Isn’t It All Useful Stuff?
However many other people do need those tools, and it’s a slick looking operation. From the outside it looks like Kajabi (which I tried out and did a full independent Kajabi review here) meets affiliate marketing meets coaching meets MLM)
I was still thinking about it….I have a big responsive list and I’ve always wanted to make MLM work for me, as Donald Trump and Robert Kiyosaki apparently both say that, if they were starting again today, knowing what they know know, they would start an MLM company.
And believe me I’ve tried, everything from water filters to Success University.
And if someone who’s been online 20+ years, who’s bought hotels “no money down”, whose made over £160,000 from an empty room in Mayfair in under 6 months….
Well, if I can’t make MLM work, with my marketing and sales skills, my speaking ability, my mailing list….I don’t know who can!
No seriously, it seems to be the people who are great at networking and face to face sales, that make network marketing work.
So maybe Six Figure Mentors will suit the introverts?
But I’ve always put that lack of success down to my horror at the idea of selling to family and friends, hosting meetings in my house, but most of all down to my lack of consistency and my horror of HAVING to do anything on a repetitive basis.
Perhaps Six Figure Mentors would work for someone who is an introvert, who wants to set something up online but who can’t figure out all the moving parts, who has failed at all the other MLM opportunities before?
Because internet marketing is brilliant for someone who’s not good at doing things on a consistent basis- you do the work once and don’t have to be there all the time after all.
And then I remembered what my business partner in The Money Gym, Judith Morgan, herself a qualified accountant and genius with figures, always says about MLM. It’s an awful lot of work for not very much profit margin. And worse than that, you are building someone else’s business but not your own business. The rug could be pulled at any time.
(The only way to avoid that happening is to maintain an independent mailing list on an independent list host like aWeber or GetResponse for example, squeeze your prospects through your own page first, then jump them to your MLM optin page).
And then it hit me again!
Robert & Donald said they would START an MLM company, not JOIN one.
I Have A Horror Of My Income Being Locked In & Dependent On Anyone Else
Aye, and in the course of the conversation……then came the rub with The Six Figure Mentor deal!
You can only make money from commissions selling the system to other people, if you join.
That’s totally different to affiliate marketing or internet marketing where you can make money from reselling them without having to use the tools yourself.
And you ONLY get paid your ongoing commissions if you STAY joined. Even if you are not using or getting value from the product.
So it’s actually MLM dressed up as internet marketing mentoring.
Well, it was only a matter of time.
But is that a bad thing? Well, if you have tried and failed with internet marketing, perhaps the Six Figure Mentors is for you. If you want to get started online, want a set system to follow, someone to tell you what to do, perhaps it will work for you.
What About The Sales Tactics?
I’ve heard a lot about the sales tactics some MLM companies use. Some of the comments I got on this post originally make it sound like selling anything is evil but, if you want to become successful, you have to get over yourself about the horror of selling.
Selling is just providing a solution to a problem and Six Figure Mentors are providing a solution to the problem that a lot of people need to make a second income, they want to do that online and they don’t know where to start.
In order to solve someone’s problem, you have to exchange your solution to that problem, for money. Or you won’t be in business long.
And it’s true that the internet marketing industry is getting more and more popular and more and more hyped, with people on large seminar stages using all the same emotional tricks that the MLM people use to motivate and sell – all the NLP, hypnotic language etc.
And there is a lot of people selling absolute rubbish in the internet marketing space, believe me.
Who is responsible for you reaching in your wallet, taking out your money and buying?
Don’t take your credit / debit cards to events if you don’t want to buy. Don’t be pressured into buying on the spot for fear of missing out. There’s ALWAYS a way to buy, believe me.
In Conclusion, Is It Worth Joining?
So I’m not saying that The Six Figures Mentors is wrong, or a scam or anyway underhand. In fact, knowing Daniel and the two people who introduced me, I think it will probably deliver enormous value to the right kind of people.
If you really can’t manage to learn how to buy a domain name, install a wordpress blog, add valuable content, build a mailing list, create a product, recommend other people’s products, sell advertising or sponsorship, and then eventually share your learning, which is essentially how you make money online, then paying $97 a month to follow a proven system and get support from your peers…….well, it will probably help you.
However, I have a real horror of my future income being dependent on ANYONE except me – that’s why I chose to become an entrepreneur anyway.
The thing that worries me is that everyone will be locked in, regardless of whether they are getting value, and having to keep paying, in order to keep making their commissions.
And I would just PERSONALLY prefer to make my money recommending something that I actually use myself, and where I’m not locked into making a recurring payment in order to claim my commissions.
If you want to find out how to make money from Affiliate Marketing – perhaps the closest thing in the Internet Marketing World to the Six Figure Mentors – then you really should check out Sarah Staar’s excellent Affiliate X training. Sarah is one of my Mastermind buddies and I know she’s on the level. Affiliate income is not one of my specialties, I prefer to sell my own products and services, but I bought Sarah’s course when I wanted to learn how to do it better.
Nowadays I mainly concentrate on “done for you” Facebook Ads services via my business ClicksAndLeads.com and helping real-world business owners and freelance consultants and professionals make more money online from the things they already know about, do or love, via my Inner Circle Mentoring Membership. I do that here at NicolaCairncross.com and you can find out more here.
There’s my own initial thoughts – my 100% independent review – on The Six Figure Mentors. Whichever path you choose to get started making money online, I wish you every success.