In this Six Figure Success Academy review we’re going to see if this popular product is a scam or if it’s actually provides you with a legitimate business opportunity.
So could you really say that this is a brand new way to make money on social media? I mean, haven’t we already explored all the possible ways to earn with a social profile?
How can we take advantage of influencers and make sure they generate money for our businesses? And can we also make money for their businesses at the same time? That would be awesome, wouldn’t it?!
So if you want to learn whether this product can make you several hundred dollars per day then listen closely, pay attention and let’s start looking into what it actually can do for you.
The Six Figure Success Academy Overview
- Name: Six Figure Success Academy
- Owner: Mike Balmaceda
- Website: Six Figure Success Academy
- Price: $997
- Upsells: No
- Score: 4.6/10
- Recommended: Yes
Table of Contents
What is The Six Figure Success Academy?
The six figure Success Academy is a course by Mike Balmaceda and it shows you how you can take advantage of influencers and their following in order to generate more money for both you and the influencers.
Basically, how it works is that you find an influencer with the large following and who’s promoting a product and then you partner up and create a webinar together. During this webinar you use the same product that the influencer is pitching but you raise the price on it, promote it to their following and finally you split the profits 50/50.
The course is divided into 6 weeks and contains several short and easily digested videos which are about 10 to 15 minutes each.
- Week #1: The Crash Course. Briefly goes into how it works, what niches that work and how to change your mindset to increase your chances of success.
- Week #2: Finding Partners. Teaches you how to find and partner up with influencers.
- Week #3: Craft Your Money Maker. Shows you how to script your webinars and also how the pros do it.
- Week #4: Preparing for Maximum Success. Goes more into the hands-on aspect of the course, like setting up your webinar service, collecting and splitting payments etc.
- Week #5: Generate 3-4 Figures On Demand. Teaches you where to find the big fish – the influencers with huge followings – in order to boost your profits.
- Week #6: Optimize and Scale. Improve on what works and skyrocket your earnings with your optimized webinars, funnels etc.
- Bonus: Case Studies. Demonstrate what your success could look like though real-life examples.
When you buy this course you will be given access to a private Facebook group where other members will be able to help you in case you somehow feel stuck, need some help or just require some guidance on what steps to take next.
The price of the course is $997 and it’s hosted on ClickBank so it comes with the 30 days money back guarantee which they’re almost notorious for.
How Does The Six Figure Success Academy Work?
So the method of utilizing the following of an influencer and her or his offer is actually really darn clever because the influencer has already done all the hard work for you. They have built an audience, they have created or found a working offer and all you have to do it’s to wrap it up in a neat little package, increase the price and then split the profits with the influencer.
Basically what usually takes the longest time in marketing online is finding a targeted audience and building it to a respectable size, especially on social media or any other free traffic channel.
This method doesn’t really surprise me though because this is a very typical Mike Balmaceda way of doing marketing. He’s targeting people who have already done the grunt work, and influencers are extremely good prospects for his marketing methods.
In fact, we can see a very similar way of marketing in his Commission League course, where he zeroes in on influencers and their email lists.
Another neat thing about this strategy is that it’s repeatable, because once you’ve got a webinar recorded you can show it to new viewers over and over again.
I’d say that this is a pretty much an evergreen way to run promotions. At least for as long as webinars are high in demand, which they will be for a long time still, because they tend to convert really well. Many of Mike’s students would agree:
However, it’s not going to be as easy as it sounds. Like all things that are worth doing it’s going to require heaps of effort and even taller heaps of patience from you.
You’re not going to be able to approach every single influencer and expect to strike a deal. People are usually very skeptical when a stranger approaches them to offer a deal of a lifetime. Just see how people react when a phone salesman cold calls them and you’ll know what I mean.
However, the few you actually do partner up with are hopefully going to appreciate your services because if you do things right you’ll end up putting (a lot) more cash in your pockets.
But you’ll very likely have to be willing to work hard for a long time – without any pay – before you actually manage to strike any gold.
It’s also going to require a startup budget because there is no hosting included in the Six Figure Success Academy, so you’ll have to pay for a webinar hosting service and an autoresponder subscription yourself.
Can You Really Make $500 Per Day With This? Is It a Scam?
Let me begin by saying this: No, this is not a scam. It’s a legitimate course on how to partner up with influencers and set up webinars for their followers in order to generate revenue for both parties.
Depending on how much time you put into creating and promoting your webinars, it’s quite likely that you may earn even more than $500 per day.
With a large, targeted and engaging audience from one of your partners it’s quite possible to earn thousands of dollars per webinar.
However, much of it depends on how well you’re able to partner up with influencers. This method works, but you’re always gonna be chasing your next webinar opportunity and could ironically end up working even more hours than you would at a regular 9-5.
Personally, I believe in building a business that increasingly automatically does more work for you the longer it has been running. I hate chasing after my clients – I prefer when they come to me instead!
How I Personally Run My Business
With so many ways to make money online, there are almost an endless supply of opportunity waiting for you out there. But which way should you choose? Which is “the best”?
The truth is that there is no “best” way to do it. If webinars work for you, then great! Master it and then expand into other venues if you feel like diversifying your income streams.
Personally, I blog. I teach people about stuff I love and know much about, and I get paid to do so. It’s also very cheap to set up!
It’s a business that attracts a super-targeted audience that’s relevant to what I blog about so I don’t really have to get out of my way and start looking for leads. They come to me while I focus on growing the content on my blog.
The best thing is that no day feels like I’m actually doing any work, because I’m doing what I love! I write about my interests and get paid for it in the process. It doesn’t get much better than this!
If this sounds interesting to you, then I suggest you check out the training platform I’m personally a member of. Even if I’m no longer a beginner, it still provides me with plenty of actionable advice every single day. However, I definitely recommend checking it out if you’re just starting out with making money on the internet!
There’s so much I can say about it, but it’s not really within the scope of this post.
Instead I’ve created a review of it, so I strongly recommend that you read it if you get the chance – just click the big red button below!