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The Modern Millionaires Review (2024 Update): Are These Gurus Legit?

By: JosiahDec 08, 2023Digital Marketing
The Modern Millionaires Review ([year] Update): Are These Gurus Legit?

Introduction To The Modern Millionaires

Hi, and welcome to my review of the Modern Millionaires training programs. You may have discovered this course through various channels: 

  • Maybe an online advertisement caught your eye 
  • One of your friends could have recommended it 
  • Perhaps you found it while searching for other money making business opportunities

Regardless of how you got here, we're happy to have you!

Why Should You Trust This Modern Millionaires Review?

Our team brings years of experience in researching and reviewing online courses, offering a well-informed view. We've also had personal success using this Local Lead Generation business model.

What's Inside The Modern Millionaires Course?

The course offers a wealth of valuable information. We will dig into specific modules that stand out, highlighting how they prepare you for real-world business challenges

We’ll look at whether the claims made by Modern Millionaires are valid. Our analysis includes testimonials and case studies to provide a balanced view.

If you're new to this field, don't worry. We will see if the claims made by Chance and Abdul are legit or not.

We’ll also unpack the details behind the cost of the program and any hidden fees. That way you can decide if it’s really worth your money. 

You can also expect to find bonuses and a comparison with other local lead generation business courses to give you a fuller picture.

So Kudos to you for enduring my nerdy introductory analysis!

Now, if you would like a quick run down of Modern Millionaires program to see if it’s a coveted treasure chest or dusty old hope chest, check out my Pros and Cons below:

DISCLAIMER:

This Modern Millionaires review has been thoroughly researched with information and testimonials that are available to anyone in the public. Any conclusions drawn by myself are opinions.

PROS
  • Chance and Abdul have made more than 10 million dollars through their online marketing ventures, which means they have the real-world experience help you with your own success.
  • They show you the ropes on how to use a special software to make LinkedIn prospecting a breeze, so no more spending hours online searching for clients.
  • Sales training is part of the package, so that you’ll learn the tricks of the trade and gain the confidence to close deals like a master.
CONS
  • A lot of people say that the private Facebook group isn't as active as it used to be, making it harder to get quick answers to your questions and leaving you feeling stuck.
  • Running PPC (Pay-Per-Click) ads is getting more expensive every year which means you'll need a bigger budget, and if you're not careful, you could end up losing money.
  • More and more people are using paid platforms to get website visitors, which means you will need to dial in your ads to stand out.
  • Modern Millionaires has a bit of a bad rep because they sometimes use tricky advertising, which means you could lose credibility in the long run.
  • Getting a high-paying client isn't as easy as Chance and Abdul make it sound which is a misleading message setting you up for disappointment and making you doubt your own skills.

Why Listen To Us

My name is Josiah, and this is my Dad, Joel.why listen us

Together, we make up the team here at Scamrisk.

If you’ll let me bother you for two minutes, I’d like to quickly explain why I’m even here writing this review.

In early 2020, I had just graduated from college & had no real career prospects.

I knew I was destined for something more, but I had no clue how I was going to make it happen.

I had this sinking feeling in my gut all the time… like the “big man upstairs” had accidentally given me the version of life where I’d be mediocre forever, instead of the one where I was, ya know – happy & fulfilled.

Anyway…

I had fiddled around with some different online businesses in college:

Some random MLMs, a bit of affiliate marketing, a (failed) dropshipping store or two, all the usual suspects.

Even my dad had been involved in MLMs back in the day… selling knives & other random nonsense people (probably) didn’t need.

All I really wanted was to find something that was going to actually work for me.

Maybe those things had worked for others, but for me it all turned up a fat “0” in the bank account department.

So I searched! And searched… and searched… and searched…

And eventually, I somehow stumbled upon a program that promised to help me build an income online (read about it here if you’re curious).

I didn’t really want to be “rich”.

The thought of making a reliable $5K per month & not having to worry about clocking in to a 9-to-5 ever again was all I needed.

Sure, there were people in the program doing high-6 and low-7 figures per year… but that wasn’t what I was out for.

I just wanted to provide freedom for myself, and if I was lucky, take my family along for the ride.

Fast forward a few days and a few phone calls & I was enrolled!

Here’s the first “money making website” I put up:

why listen us gif

I built that site in 2020, and it still makes me $1,500 per month. It’s a basic 5 page website I built based on a template the program provides.

The best part to me? My dad and I get to do it all together!

So between the:

  1. Ease of reaching $5-$10K per month in income online

  2. Straightforward-ness of the system to do it

  3. Fact that I get to do it w/ my family

Is why I recommend local lead generation as my #1 business model for making money online.

Sure, it takes some work and dedication – but anyone that tells you that there’s a business out there that requires no work is selling you a lemon.

I’m not saying you need to sign up for the same program I did, but I would definitely recommend giving the business model a peek!

TLDR - What’s The Verdict On The Modern Millionaires Program?

The Verdict On Modern Millionaires

If you’re the type of person who likes to read the ending of the book first, I get it. So should you buy Modern Millionaires? 

I probably wouldn’t. But don't get me wrong; it's not because they don’t know what they’re talking about. The real issue is the cost and what you actually get for it.

Imagine you're buying a video game, but it only has two levels. That's what Chance and Abdul are offering. They charge a lot for just teaching you about Facebook and YouTube ads. It's like being a one-trick pony when what you really need is to be a magician with many tricks up your sleeve.

Now, think of this program as a pizza with only one topping. Sure, it's still pizza, but wouldn't you want more variety? You're missing out on a lot of good stuff!

If you only care about mastering Facebook ads and landing some big clients, this program could work for you. It's like being really good at playing just one song on the piano. You could still impress some people

Personally, I'd rather learn to play many songs. That way, you can offer more and make your clients happier. There are other programs that teach you more skills, and I'd go for those.

In short, Modern Millionaires is good for some, but not a one-size-fits-all solution.

AreaScoreDescription
Time Investment3.2/5The Modern Millionaires program isn't a quick setup; it requires time and dedication. You'll need to invest hours in learning how to run Social Media Ads and manage higher-end clients.
Level of Control2.3/5You're in the driver's seat but don't own the car. While you control the ad campaigns, your clients can terminate your services anytime, leaving you without any digital assets.
Ease of Implementation3.8/5The course offers step-by-step modules, from foundational knowledge to advanced Google and Facebook Ads training. However, the market is saturated, making it challenging to stand out from the crowd.
Profit Potential3/5The program promises financial freedom, but it's not passive or even guaranteed. Your earnings depend on client acquisition and retention. With courses costing between $5,000 and $8,000, the initial investment is high.

Who Benefits Most From Modern Millionaires and Who Should Stay Away?

Who Benefits Most From Modern Millionaires

I think we can all agree that not every program meets the needs of every person who wants to make money online.

Personally, I reviewed many course and purchased a good amount of them and what I found was that they all had certain aspects of their program that made them good, but they were all missing key elements that could potentially make them great.

We believe that certain types of people are more likely to gravitate to specific programs than others, and if you meet these benchmarks, then Modern Millionaires might work for you:

  • You were successful at starting an SEO business that helps websites ranked high on Google. You can easily hire someone who's really good at online ads and use their tips to help you.
  • You have a lot of money saved up to start an online business. You're okay with losing some money at first until your income is more passive.

So with that in mind, if you can relate to either of these, then Modern Millionaires might not be the best option for you:

This Trustpilot user has been with the company for two months and isn't happy. He thinks they're slow to help and their videos are outdated. Even though they'll give a refund, he feels ignored and plans to cancel soon.

Another Trustpilot user wanted to know if she could get her money back if things didn't work out. The coach got mad and hung up on her when she asked. She warns others to be careful.

The Modern Millionaires Review: 1,000 FT View Of The Local Lead Generation Business Model

Modern Millionaires Program 1000 FT View

What exactly is Local Lead Generation?

The Business Model

Lead generation is a way to help local businesses get more customers. It's like being a matchmaker between a business and people who might want to buy stuff from them.

You use things like Google Ads and Facebook Ads to find these people and show them ads for the local business. When they click on the ad, you collect their information and give it to the business owner.

Then, the business owner can reach out to them and hopefully make a sale.

Now, you might be wondering, "How do I make money doing this?" Well, the local business pays you for bringing them these potential customers. Some people make thousands of dollars per month doing this!

It's a way to make money online that can even turn into passive income. That means you can earn money even when you're not actively working.

There are courses that teach you how to start your own lead generation agency. One such course is Modern Millionaires.

These courses often have different modules that cover everything from the foundation of the business model to prospecting and sales. They also talk about paid ads and how to run them effectively.

You should also know that digital marketing is more than just lead generation. It includes things like Google Analytics, which helps you understand how people interact with a website, and other lead generation business models as explained in this rent digital assets review.

So, if you're interested in making money and helping local businesses at the same time, lead generation could be a great business model for you.

Who Are Modern Millionaires Chance and Abdul?

Who Are Modern Millionaires Chance and Abdul

Chance Welton and Abdul Farooqi are the guys behind the Modern Millionaires program. They are pretty well-known in the online business world, especially when it comes to helping local businesses.

Before they started Modern Millionaires, they were already making waves in lead generation.

These two didn't just pop up out of nowhere; they learned a lot from Dan Klein. Dan Klein is another big name in this field, and he has a program called "Job Killing."

Chance and Abdul were part of that before they decided to do their own thing. So, you could say Dan Klein was like a mentor to them.

The Modern Millionaires program isn't cheap; it costs a good amount of money. But it promises to teach you how to make money online, especially by using Google ads and Facebook ads.

They have different areas in their course, that cover everything from the basics to more advanced stuff like prospecting and sales.

They also have a private Facebook group where people who join Modern Millionaires can talk and share tips. It's like a community of business owners all trying to make more money and find financial freedom.

While your researching Lead Generation, Chance and Abdul are names you'll likely come across. Just remember, they learned from the best, and now they're teaching others how to succeed.

How Much Does Modern Millionaires Cost?

How Much Does Modern Millionaires Cost

Let's take a quick minute or so to discuss the different prices for the Modern Millionaire program. They've got three main options, and here's they break down:

  1. DIY Package: This one costs $7,995. You get training videos, a spot in their special Facebook group, and you can watch their live videos. However, there's no personal coaching. DIY means "Do It Yourself," so you're kinda on your own.
  2. DWY Package: This one's a bit more, at $12,995. You get everything from the DIY package, plus some group coaching. But it's not just you and the coach; you'll be with a small group. DWY means "Done With You," so you get a little help but not one-on-one.
  3. DFY Package: The big one! It costs $19,995. You get all the stuff from the first two packages, plus your own coach. You also get to sell a product called Leadific and they send you leads to close. They say you'll get 10-30 calls a week.

Now, what do I think? Well, the Modern Millionaires cost can get pretty high. Even with the most expensive package, you don't get to talk one-on-one with Chance and Abdul.

That's a letdown. You get another coach instead. They say this coach has their own business that makes 10k a month, but who knows? Maybe they're just hired to help you, kinda like a teacher in school.

You know that saying, "Those who can't do, teach"? Makes you wonder. My biggest problem is that none of these packages let you talk directly with Chance and Abdul. You see them in ads, but is that the last time you'll see them?

So, be careful when picking a package. Think about what you really need and if it's worth the price.

What Do Chance and Abdul Promise and Is Modern Millionaires Legit?

Is Modern Millionaires Legit

Well, it's a course that teaches you how to make money by helping businesses get customers through online ads.

The guys who teach it, Chance and Abdul, have helped some people make good money. But not everyone is happy. Some folks say they had to spend more money than they expected, and others didn't like the way the course was run.

The course isn't cheap. You'll need at least $5,000 to get started. That's a lot of money, so think hard before you jump in. Also, some people online have both good and bad things to say about it. So, it might work for some but not for others.

So, is Modern Millionaires legit or a scam?

One thing to remember is that you won't own the websites or ads you make for businesses. This means if a business decides they don't want to work with you anymore, you could lose out.

Paid Traffic vs FREE Traffic

Paid Traffic vs FREE Traffic

Alright, let's talk about two ways to get people to visit your website: Paid Traffic vs Free Organic Traffic. Both have their good and bad sides, so let's break it down.

Advantages of Paid Traffic:

  • You can get visitors to your site quickly, which means more customers
  • If you're good at selling, you can get fancy clients like lawyers.
  • Once you have dialed in your converting ads, you can scale those and cut the ads that are losing money.

Disadvatages of Paid Traffic:

  • You don't really own anything, which means clients can leave anytime.
  • It takes a lot of work to keep ads running well, and it can get pricey.
  • The number of visitors coming to your site can fluctuate resulting which means inconsistent sales.

Advantages of Free Traffic:

  • You own your website, so even if a client leaves, you can easily replace them.
  • With a consistent flow of leads coming in, it's easier to get business owners to work with you.
  • As the owner of the site, you keep the vast majority of the money you generate, sometimes over 95%.

Disadvantages of Free Traffic

  • Learning SEO (how to show up on Google) is a process, which means you will need to be patient.
  • You will need to build your own site, which mean using your own money.
  • There is some competition with free traffic, so you will need to monitor those sites to beat them.

So, which one do you think is better for you?

Paid traffic can certainly get you quick results, but it's not stable over the long term. FREE traffic to your own website better for the long run for long-term passive income – check out this Digital Leasing review for a quick explanation.

Would I Recommend The Modern Millionaires Program?

What I Personally Think

I've looked at this course from all angles, and here's what I think.

First off, when you're thinking about buying any online course, you've got to be smart. Reviews can be tricky. Most of the time, the people who write reviews are the ones who didn't have a great time with the course.

So, you're not hearing from the folks who actually did well and made money. That's something to keep in mind.

Now, let's talk about mindset. If you're thinking you'll sign up and money will just start falling from the sky, you're wrong. Making money while you sleep sounds awesome, but you've got to work hard first. No shortcuts here!

So, what do I think about Modern Millionaires? Well, the guys who teach it, Chance and Abdul, have some real experience. That's good. They also have a Facebook group where you can ask questions and get help.

The course is not cheap, though. You'll need at least $5,000 to start, and that's a lot of money for most people.

In short, Modern Millionaires isn't a scam, but it's leaving a lot on the table. If you've got the money and the right mindset, you might do well. But remember, it's not a sure thing.

Alright, let's talk about some red flags around Modern Millionaires. There are five you should consider:

  1. Misleading Testimonials: The course shows off students making big money, like $10K to $20K a month which sounds great at first, but most of that money goes back into paying for ads. So, the real profit you make is much less. They don't make that clear.
  2. Keeping Clients is Tough: Sure, you might get a client and make some money at first. But keeping that client happy for a long time is a totally different story. Costs for ads can go up and down, and if your client feels like they're paying too much, they might just leave you. That's another big problem they don't talk about.
  3. The Original Mentor: Abdul and Chance learned their stuff from Dan Klein. He taught them how to get leads without paying for ads. They had a falling out, but the point is, Dan's way might be better for the long run. They don't tell you that, either.
  4. Everyone's Doing the Same Thing: The course teaches you to use LinkedIn to find clients, but all the other students are doing the same thing! Business owners get tons of the same messages, making it hard for you to stand out. That's a big issue.
  5. You Don't Own Anything: This is the biggest problem. You're running ads for other businesses, but you don't own those ads. Your client can drop you anytime, and you're left with nothing. You're more like a helper than a real business owner.

So, do I recommend Modern Millionaires? I would have to say no. There's too much time and money invested just to have the rug pulled out from under you. I would rather own the asset so that I can be in full control.

What’s Inside The Modern Millionaires Course Content?

The course is broken down into four main modules, each with a specific focus.

Module 1: The Foundation

Modern Millionaires Module 1

The first module is all about setting up your business. You'll learn how to pick a niche and create your agency website. This includes buying a domain name, which is important for attracting clients.

The module also talks about getting into the right mindset for running a business. So, it's like building the base of a tower; you need a strong foundation to succeed.

Module 2: Prospecting And Sales

Modern Millionaires Module 2

This is where the action starts! The module kicks off by explaining what prospecting is. You'll learn how to research your market and use an online CRM.

They also cover cold emailing, which is a way to reach out to potential clients. You'll learn how to finalize deals with clients, although the course doesn't go too deep into this part.

Module 3A: Driving Traffic With Google Ads

Modern Millionaires Module 3

This module is like the heart of the course. You'll learn how to use Google Ads to get people to visit your website. It's super detailed and leaves no stone unturned.

You'll also learn about Google Analytics, which helps you understand how well your ads are doing.

Module 3B: Driving Traffic (Facebook)

This mini-module is similar to the Google Ads one, but focuses on Facebook Ads. You'll learn how to use Facebook to get even more leads.

Module 3C: Lead Development

This part ties Modules 3A and 3B together. You'll learn how to turn those website visitors into leads and then into paying clients.

Module 4: Auto-Pilot

Modern Millionaires Module 4

The last module is about making your business run smoothly without you having to be there all the time. It talks about hiring employees and training them.

The course encourages you to outsource tasks as soon as you can, which has its pros and cons.

It also covers sales techniques, but only touches the surface and some people have complained about the lack of support from the course creators.

Conclusion: Is The Modern Millionaires A Good Investment

As far as Lead Generation investments go, the Modern Millionaires review we covered presents a decent value if you want to know how to start a social media marketing agency, but can think of courses with a far worse ROI than this one.

There are, however, better options to pick from for immediate up-front cash AND long-term passive cash flow. Modern Millionaires simply doesn't measure up.

My #1 Way To Make Money Online In 2024

Digital Leasing

We have spent years researching, reviewing, and vetting dozens of business models and thousands of programs.

While there may be no “perfect business”, the research IS conclusive:

Digital Leasing is the #1 online business model for those just starting out.

Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Leasing is for you.

Why?

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 Leasing 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: Unlike Modern Millionaires which focuses mainly on paid advertising, Digital Leasing gives you full ownership over every single asset, which means you have all the power and all the control.

When you're dealing with Google, Facebook and Youtube, there's a strong possibility of your ad cost going up or even getting banned from the platform with no advanced warning.

3) Little To No Startup Costs: While it's true that you could have your existing customers covering the initial ad spend for a campaign, you may need to come out of pocket just to prove yourself to a potential client before they sign on with you.

By owning Digital Real Estate, and 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. 

Worst case scenario, without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.

4) Easy To Duplicate: Although it's easy to duplicate your ad campaigns, you run the risk of them being flagged, scrutinized and possibly banned.

With Digital Rental Property, however, you can duplicate your site and DOUBLE your income and profit potential with a few clicks, a couple keystrokes, and a single phone call (and you don’t even need the phone call).

Remember: each Digital Rental Property is worth $500 to $2,000 per 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. 

5) Make Money Helping Real People: This part is what makes it all worth it. With Digital Leasing, you’re actually helping people by solving your clients’ biggest problem:

Small, local businesses need more customers, and with Digital Leasing, 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 Leasing 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 Modern Millionaires 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 Leasing.

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 Leasing.

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