You’ve probably seen the advertisement on YouTube. It’s the one where Mikey Kass says he’s giving away his whole Shopify brand for just $17.
Do you think it’s worth your time and money to grab the offer?
Read the review below on Mikey Kass to find if he is a legit person offering a legit product.
Now, I do want to be totally up front here, so…
This Mikey Kass eCom Stores review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Pros: What I Liked
- You can learn how to do product research
- You will learn how to use paid ads to drive paid traffic to your site
Cons: What I Didn't Like
- The course is not thorough enough
- A lot of free resources available out there
- Dropshipping is very risky to get into
- It costs a lot to get started
- Product research has the potential to make or break your online business
Table of Contents
The programs that Mikey Kass offers aren’t too different from most dropshipping courses.
Sure, the marketing makes some great promise you haven’t heard from the other dropshipping gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Let’s get something clear:
There is NOTHING passive about dropshipping, no matter how well most course creators sell the dream.
If you want that travel-the-world-making-money-while-you-sleep-laptop-lifestyle, dropshipping isn’t for you.
To run a successful dropshipping business, you need to be constantly on the lookout for new products.
Scouring the internet for hot trends and trying to find the next fidget spinner will take hours out of your day.
Not to mention, it’s not enough to just have the hot new product…
You also need to get the customers.
That means ads…
Lots and lots of ads…
Testing, tweaking, targeting, spending thousands if not tens of thousands of dollars before breaking even.
Not to mention, Facebook hates dropshipping, meaning one of your top traffic sources could shut you down at any time.
All of this leads to a very stressful life, not a lot of money, and a lot of time wasted.
Time that could be better spent so you can actually live the life you want.
Now, what if there was a way you could build a passive income stream that’s actually passive?
An income stream that doesn’t require:
- Physical Products
- Low Margins
- Long Wait Times
- Angry Customers
- Thousands of dollars testing different ad campaigns
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000)?
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day running ads, researching products, and trying not to get banned by whatever platforms you’re using?
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is nothing like dropshipping, and that’s probably a good thing.
However, if you’d still like to know more about Mikey Kass, keep reading.
What To Expect From This Mikey Kass Review
This review will go over the Mikey Kass training course to see if it really is the best dropshipping course out there.
You’ll learn whether dropshipping is the right online business for you.
And at the end, you’ll find answers to some of the most frequently asked questions regarding Mikey Kass and dropshipping in general.
But most importantly, you’ll see the exact system many others have used to build their own internet marketing business to over $40,000 a month in mostly passive income.
Who Is Mikey Kass?
Mikey Kass became a full-time entrepreneur at the age of 18 years. He began his dropshipping business at the age of 17 and earned $150k each month. Because of this, he dropped out of high school and moved to live in Hollywood hills.
His parents were skeptical of his business and hired attorneys to investigate his online store.
This is why he was chased by police, watched by private investigators, and interviewed by lawyers who wanted to know how he could make a six-figure salary.
However, after a year, Mikey decided the only thing he wanted was to establish a dropshipping course in order to share his expertise. This gave birth to the training program “The Ecom Good Life“, a series of video lessons that show people how he achieved his Hollywood dream.
Mikey Kass says that Ecom Good Life can teach you these things:
- How to create and set up a profitable dropship store
- Learn how to do proper product research and sell to customers the right way.
- Easy steps to launching a successful Facebook ad campaign to sell your product.
- Show you how to bargain with suppliers.
- Study success behaviors and mindsets.
Listed below are the strategies Mikey Kass has learned over the last four years which are included in his training course:
- How he was able to find successful products with a success rate of more than 65%.
- He demonstrates how he maintains a 40-50% net profit on 6 figures every month.
- Rapidly growing to $1000 per day
- Work-life balance
- A step-by-step guide to taking your Shopify store from $0 to ultimately $10,000 – $150,000 per month.
- He teaches you product research and marketing techniques.
Can I Make Money Online With The Mikey Kass Dropshipping Course?
Yes, You can!
There’s a lot that comes along with dropshipping that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with dropshipping, but if you’re gonna put in the amount of grueling work to do this business (which, trust us, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Is Mikey Kass Legit? Or Is He A Scam?
Mikey Kass is not a scam.
You can make money with this program, but it’s definitely not as easy as Mikey Kass makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – you need to do a ton of volume to make any real money.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months, $3-5k in the hole on ads (because that whole “get started with $5 a day” thing is total BS) and then your reward is 15% profit on a $12 product (which comes out to $1.80), it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike dropshipping, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Is It Worth Buying A Dropshipping Shopify Store?
It’s not for everyone. You’re going to have to spend money to make money and the results aren’t always guaranteed in this overcrowded market. This year, Walmart has joined the Shopify platform to compete with Amazon.
When you use Shopify, there is a cost. If you don’t pay the annual fee, there will be problems, especially when you add more apps.
PROFITS and SALES are not the same things. When you make a sale in dropshipping, you have to pay the supplier. In this case, what might look like $100K in sales might actually be $15K in profits.
There’s a reason why achieving at least $50,000 in profits and having it verified is needed to get recognition online. Aside from paying your suppliers, you also have to pay for advertising, coaching, and training costs. A lot of people don’t do dropshipping for a reason. Making money can quickly become a problem, so you need to be very careful.
Is Shopify Safe And Legit?
Shopify is the safest e-commerce platform at this time of writing. And it is both true when you use the platform to build your own store and when your customers purchase from the store you built with Shopify.
Shopify is safe because:
- It has been in operation for more than 15 years with no major problems.
- It is traded on the New York Stock Exchange and has a market valuation of over $150 billion.
- Every Shopify shop receives a free SSL certificate.
- The company’s founder and CEO is transparent about the company’s goals and current position.
- Good customer service.
- Shopify consistently charges clients the correct amount for their Shopify plan.
- Shopify shops always work well.
- Shopify has never leaked any of its customers’ my payment details.
Shopify is legit because:
- They don’t overpromise – for example, they don’t state that every store owner would be successful.
- They are forthright about the reality that the platform is not without flaws.
- Their pricing is extremely upfront and clear.
- It is easy to find real samples of Shopify shops.
- You may use the platform without providing credit card information or committing to a subscription.
- Downgrading or canceling your membership is easy.
Is Dropshipping Better Than Creating An Income Store?
Dropshipping is becoming more complicated. If you want to establish a six-figure dropshipping business, you’ll have to put in some sweat, blood, and tears to figure out how it works.
However, investing in Income Store would be a riskier option.
What Is Income Store?
Today’s Growth Consultant Inc. (dba “The Income Store”) was founded in 2008 by Ken Courtright.
The main appeal of Income Store to investors was that they would be buying sites and online businesses. Income Store promised in contracts to use their investment money to buying sites on behalf of the investor, which the investor would own, and then continue to manage that site, dividing the revenues 50/50.
What was troubling with the deal was that they were promising a “guaranteed return” rate, regardless of whether the Income Store business continued to make as much money months or years later.
The Income Store business experienced a great deal of growth from 2012 to 2019. They even made it on the INC 5000, which is a list of the fastest-growing businesses in the USA.
Rumors started circulating in November 2019 about Income Store not being able to pay wages, a probable Securities and Exchange Commission investigation, and etc. Those claims were verified true in early 2020 when the SEC intervened to shut down the Income Store business as an alleged Ponzi scheme.
The SEC shut down the company in January 2020, turned over the assets and management of what was left over to a court-appointed receiver, Melanie Damian, and filed both civil and criminal charges against Ken Courtright and the Income Store.
You guys may get a quick overview of the case against Income Store by visiting:
- The Chicago Tribune reports on the Income Store alleged Ponzi scheme.
- Income Store Authority Website Income Review
If the alleged Ponzi scheme charges are true, Ken and the Income Store cheated investors in our industry of more than $100 million and deserve no compassion. They’ve put a strain on the industry that will be hard to remove.
Securities and Exchange Commission Against Income Store
Kenneth Courtright, 51, founded The Income Store in 2017 and managed it from his Minooka home. He is facing civil and criminal charges in connection with claims that he enticed investors with annual returns of up to 20% in exchange for a six-figure “upfront fee” used to build and operate websites.
According to a civil complaint filed in December 2019 by the Securities and Exchange Commission against Courtright and Today’s Growth Consultants, better known as The Income Store, the returns were funded by paying early investors with money raised from later investors until the alleged Ponzi scheme became “unsustainable.”
After the FBI initiated a separate investigation into the alleged Ponzi scheme of The Income Store, Courtright was arrested on criminal fraud charges in February 2020. The trial in the lawsuit is scheduled for April 2022 in federal court in Chicago.
What Happened To The Investor Funds Of Income Store?
While Courtright‘s assets have been suspended awaiting the conclusion of his criminal case, Melanie Damian, a court-appointed receiver, has been running The Income Store‘s sites with a skeleton crew since January 2020. Last year, the business produced roughly $1.2 million in sales and made a little profit.
“Enough to maintain the assets,” Damian said in an interview.
The Income Store drew in $144 million from investors for three years before being shut down by federal authorities but only paid out $40 million.
According to court papers, as of March 31, the receiver releasing had collected about $104,000 in cash from The Income Store’s business operations.
A federal court in Chicago authorized a two-tiered distribution deal that allows investors to claim the sites allocated to them by The Income Store in lieu of cash. Thirty of the 481 investor claims chose that option, gaining control of 82 sites and removing over $7 million in potential monetary claims against the estate.
The remaining 451 investors, who are still out a total of $70.5 million, will split the auction proceeds minus commission costs ranging from 15% to 25%, according to Monte Cahn, founder and president of RightOfTheDot, a Florida-based digital assets auction company.
Cahn is sure that at least one bidder will provide the $2.5 million required to purchase the entire lot. However, if no buyer is found, the websites will be divided by category or sold individually, according to him.
The Income Store created and operated sites including KeepingCarsClean.com, a waterless carwashing website, and HoneyBeeStings.com, an ad-supported website for beekeepers. For selling Donald Trump memorabilia, three domain names were secured.
“None of the domain names are really premium, but there are some really good ones,” Cahn added. “And these domain names are clearly shown to generate traffic and money without any intervention over the previous years.”
Cahn said 39 possible bidders had already registered their domain names.
Despite being a Ponzi scam, Cahn estimates that the 200 active Income Store sites are worth between $10 million and $15 million, based on the number of domain names and revenue trajectory of the operating sites.
Despite the business’s alleged fraud, Cahn says the Income Store‘s old website, incomestore.com, has some value.
“That’s part of the portfolio,” Cahn remarked. “That’s a great domain name.”
Mikey Kass Review: Conclusion
Dropshipping is actually quite difficult even for smart people. It is laden with a wide range of risks.
Keep in mind that you will have no control over what your customers receive. All you can hope for is that they are delighted with their purchase and do not provide negative feedback.
Even if you don’t generate any sales, you’ll still have to pay for domain hosting, advertising, and VA salary (if you plan to hire some people in your team).
Dropshipping as a side business is not easy, in general. It will consume a significant amount of your time and personal expenses, defeating the point of referring to it as a “side” job.
When it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming a dropshipper, you’ve got way better options than the Mikey Kass dropshipping course.
Keep in mind, we don’t get paid to promote any of the programs we review. We personally think dropshipping is a great business model, but you could end up leaving way too much money on the table.
Are There Any Alternatives To What Mikey Kass Offers?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
What Is Our Top Recommendation For Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
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 Real Estate 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: With dropshipping, you don’t really own anything. You have no control over the quality of products. You don’t even own the products because they go straight from the supplier to the customer.
Yes, if you’ve got a Shopify store, you technically own that. But if every ad platform suits you down, you’ve got a store with no customers. Which is literally worthless.
With Digital Real Estate, you own the assets, which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate 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.
4) No Inventory: Ok, so technically you don’t have to worry about inventory since you’re not filling up your garage or a warehouse with products.
But, you still have all the headaches of a physical products business.
Since most dropshipped products come from China, you already have a 2-3 week wait time from when a customer places an order.
But right now, with global supply chain issues, your customers would be lucky to get anything in less than a month.
Imagine finally landing your first customer after months of experimenting, and then getting hit with a refund request or chargeback because they had to wait 6 weeks to get their order.
With Digital Real Estate, a 100% online business, you never even have to think about that risk.
5) 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.
If you wanted to double your income with dropshipping, you’d have to double your inventory, your profit margins, OR your average order value. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. 99.9% of the time, dropshipping provides no value to anyone but the seller.
In a lot of cases, it has a negative impact on the customer because of poor product quality and an overall bad experience (i.e. waiting 6 weeks to get your order).
And that makes it pretty hard to sleep at night.
But with Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, 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 Real Estate 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 opportunities like [insert program name] 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 Real Estate.
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 Real Estate.