Today, I’ll do a Modern Millionaires Review.
The Modern Millionaires course aims to help you start your own online ad agency in 90 days.
Their website claims they have 5,700 active students that have generated $120 million. Founders Chance and Abdul also claim that your online business will generate passive income…
But… is Modern Millionaires legit? or is it a scam?
Who are Chance and Abdul?
Is the Modern Millionaires program worth it?
Let’s find out in this Modern Millionaires review!
What is Modern Millionaires?
Modern Millionaires is an online course that teaches students how to run a successful online business by specializing in “lead generation.” Lead generation is the process of finding potential customers for a business.
In the case of Modern Millionaires, the course focuses on teaching students how to run Facebook and Google ads to generate leads for small businesses.
By becoming a lead generation specialist, you will be more attractive to business owners who may not have the time or expertise to run their marketing campaigns.
However, it’s worth noting that the creators of Modern Millionaires have had a controversial reputation in the past and present.
Let’s continue this Modern Millionaires review by looking deeper into its creators…
Who Created Modern Millionaires?
Modern Millionaires is an online course that claims to teach students how to run an online business successfully through lead generation and paid ads.
The course is created by a two-man team, Abdul Farooqi and Chance Welton, who claim to be successful digital entrepreneurs and have run multiple digital marketing businesses that generate over 7-figures of profits annually, including TheMMSaaS Income App.
Abdul Samad Farooqi, a Vancouver, British Columbia, Canada resident, started his career as an investment banker after graduating from the University of British Columbia with a Bachelor of Commerce degree.
However, he realized that the traditional 9-5 workday wasn’t for him and turned to internet marketing. In 2013, he founded Samad Consulting and operated under Lion Digital Solutions’ DBA.
On the other hand, Chance was not content with the monotony of a 9-5 lifestyle and chose to live in a van with his girlfriend. In 2010, his father passed away, and he inherited $116K in life insurance, but he squandered it on partying and drinking.
In 2014, when Chance was left with only $1,300, he and Abdul joined a local lead generation coaching program called Job Killing. Through this program, they learned how to generate leads for local businesses.
Just two weeks after joining, Chance landed his first client and earned $2K per month. Abdul also secured his first client within 6 days of joining the program. Eventually, Chance and Abdul generated over $50K each month in passive income.
However, there are suspicions whether Abdul and Chance became rich through the lead generation strategies they teach in this course, and some have questioned their aggressive marketing behavior.
What is the Modern Millionaires Business Model?
The Modern Millionaires business model is lead generation for local businesses using paid ads like Facebook and Google Ads.
You start your ad agency and reach out to local business owners wanting more customers.
Many local businesses don’t know how to run paid ads, so you’ll run Facebook and Google ads for them.
Lead generation is a legit business model, but is it as profitable and easy as Chance and Abdul make it out to be?
Let’s continue this modern millionaires review by examining what they teach in the course.
Modern Millionaires Review: Course Content
The Modern Millionaires course includes modules on the foundation of lead generation, prospecting, and sales, driving traffic through Google and Facebook ads, and lead nurturing. It also offers three options for students: DIY (Do-It-Yourself), DWY (Done-With-You), and DFY (Done-For-You).
The cost of the Modern Millionaires course is not publicly disclosed. However, there have been complaints about the high cost of the course and the upsells that come with it.
The Modern Millionaires program offers three packages for users based on their business needs: DIY, DWY, and DFY.
The DIY package provides training and coaching for users to build their own agency, while the DWY package includes additional mentoring and accountability.
The DFY package is for those with the resources to start a second income source but don’t have the time to set it up independently. It includes everything set up for the user, with only a few steps left for them to complete.
Basically, no matter what your budget is, Abdul and Chance will find a way for you to buy Modern Millionaires…
Let’s have a look at what the Modern Millionaires training includes:
Modern Millionaires Module 1: The Foundation
The first module of the Modern Millionaires course aims to provide a simple and friendly introduction to starting a business from scratch. It covers the importance of choosing a niche and creating a website for your online advertising agency, including purchasing a domain name, which is crucial for attracting clients. Additionally, there is an emphasis on the mindset needed for running a profitable business online.
Modern Millionaires Module 2: Prospecting And Sales
The second module delves deeper into the course material, providing a comprehensive overview of prospecting and how to research the market you wish to work in. It covers the use of an internet CRM and the importance of local lead generation. The module also touches on cold emailing using LinkedIn, a technique not commonly found in other courses, accepting payments, and finalizing deals with clients.
Modern Millionaires Module 3A: Driving Traffic With Google Ads
This module focuses on using Google Ads to drive traffic, providing in-depth instruction on how to use the platform to generate leads effectively. It also covers the integration of Google Analytics.
Modern Millionaires Module 3B: Driving Traffic (Facebook)
Similar to module 3A, this module teaches using Facebook Ads to generate leads.
Modern Millionaires Module 3C: Converting Leads to Clients’
This module combines the information covered in the previous two modules and teaches how to turn leads into paying clients.
Modern Millionaires Module 4: Auto-Pilot
The final module explores the automation option, including hiring and training employees to run the business on autopilot. Unlike other courses, this module suggests implementing automation immediately to earn money.
How Much Does Modern Millionaires Cost?
The cost of the Modern Millionaire course is not readily available online. However, it has been advertised on YouTube for $9.95.
It’s important to note that this is just the initial cost and an upsell to the actual course, which ranges from $5,000 to $8,000…
Of course, that’s just the price for the course. You’ll have to spend money on paid ads for lead generation and other required software and subscriptions.
Overall, there is a massive cost to join Modern Millionaires and start making money online with their program.
Is Modern Millionaires Legit?
Overall, the Modern Millionaires course content might have some valuable information on lead generation via paid ads.
So it’s somewhat legit…
However, there are many concerns about the credibility of the creators and the ridiculously high course cost (upwards of $8,000).
Abdul and Chance also claim that you can make money online passively with an ad agency, which is pretty deceptive.
Additionally, there are WAY better ways to make money online than through lead generation…
Is Modern Millionaires a scam?
The Modern Millionaires course isn’t technically a scam.
Still, it’s pretty shady because of the aggressive marketing, lack of refund policy, not disclosing costs, and rebranding (they used to be the Modern Middleman).
Abdul and Chance also claim that you can make passive income from this online business, which is blatantly false.
So I wouldn’t say it’s a scam, but it’s certainly sketchy, and I recommend staying away from it.
Modern Millionaires Review: FAQ
Does Modern Millionaires have support?
They have a private Facebook group, but that’s pretty much it.
What is the Modern Millionaires program refund policy?
They claim to have a refund policy, but I’ve seen many unhappy customers complaining about asking for a refund and waiting months with no response…
Is Lead Generation a legit business?
Running paid ads for local businesses is a legit way to make money online. However, it’s not nearly as easy as the modern millionaires make it out to be…
Are there other “Gurus” like Chance and Abdul?
Yes, there are many. These include Jordan Welch, Hayden Bowles, Mike Vestil, Davie Fogarty, AC Hampton, Biaheza, Tan Choudhury, Sebastian Ghiorghiu, The Ecom King, Nathan Nazareth, Scott Hilse, Sebastian Esqueda, Sharif Mohsin, Austin Rabin, Sander Stage, Cortney Fletcher (Ecom Babes), Igor Kheifets (E-Farming), Iman Gadzhi, Jeff Lerner (The Millionaire Shortcut), Andrew Tate, The Real World (Andrew Tate), Hustlers University (Andrew Tate), Tristan Tate, Entre Blueprint (Jeff Lerner), Jeff Lerner, Sophie Howard, Kindle Publishing Income (Sophie Howard), Ravi Abuvala (Remote Integrator Academy), Iman Gadzhi (Agency Navigator), Boba Milic (Lunar Automation), Cameron Dunlap (The One-Day Flip), and Mikey Kass.
Conclusion: Is Modern Millionaires Worth It?
After being in the dropshipping trenches for 5+ years, it’s clear that an online business can make a lot of money.
But after doing this Modern Millionaire review, there’s obviously nothing special about this course. Running paid ads for local businesses is a legit business model, but it’s nothing new…
And it’s not as easy as Chance and Abdul make it out to be (not even CLOSE to passive income).
If you want to make more money in a shorter period, I highly recommend dropshipping instead.
Dropshipping requires much more work, but the potential reward is FAR greater, so it’s 100% worth it.