Product Name: 7-Figure Kindle Income
Product Owner: Cory Friedman
Advertised Price: $1
Actual Price: $1,000s
What is it?
7-Figure Kindle Income is a coaching product that's supposed to teach you how to create self published ebooks to sell on Amazon.
There are a lot of problems with this product. For starters, the advertised price of $1 is just an entry fee to a second sales page, not the product. In addition to that, the methods they teach are all about tricking Amazon and its buyers. Basically they teach you how to outsource writing a book so you can make a few dollars each month off of hundreds of books. It's a quantity over quality method that is deceptive and against Amazon's Terms of Service agreement.
Before You Buy
Making money on Kindle is a real thing, but this product is not the one to teach you how to do it properly. This is a classic bait and switch that has been used by spammy marketers for years. You pay them $1, thinking you are getting access to the product they promised, only to find out you just paid for yet, another sales pitch. It's a bit irritating to give away money, even a dollar, to be sold to.
What this dollar buys you — besides the hour-long sales video — is the opportunity to apply for coaching.
That's right, you have to apply for the opportunity to be coached by them. Nevermind the fact that you already gave them your money and sat through a mountain of testimonials, screenshots of earning statements and multiple sales pitches.
You now also have to apply for coaching and hope you are accepted.
What I Liked
Okay, I'll be honest here. There's nothing that I really liked about this product. However, I do believe their testimonials and proof of earnings shots are true. I have no doubt that you can use their methods and make a little bit of quick cash.
If you don't mind putting your name on hundreds or thousands of low quality (and often copied) books, then go ahead.
What I Didn't Like
Besides the bait and switch, there are a lot of other reasons I cannot recommend this product to you.
The application you have to fill out for coaching is nothing more than an attempt to extract as much money as possible from you.
They ask questions like:
- What is your Current monthly income
- How do you spend on info/internet marketing products?
- What is your monthly income goal?
Each one of those questions is a ‘qualifier'. They're meant to figure out the exact total amount they can expect to be paid from you. They want to know that number before they spend any time talking with you. If that number does not meet their expectations they will ignore you.
I filled out the application, making the numbers of what any average person could afford. I have yet to hear back from them. Big surprise right?
My favorite part of the application is where they try to make you feel guilty for not having at least $1,000 dollars to “invest”.
You can start a business with much less than that. I started my business with a fraction of that (about $25). But if you'd like to see a more relevant example. Chris M Cloutier, my co-host on the Fresh + Coffee Show, recently published his own kindle book without spending a penny. In fact many self publishers spend very little on their first books.
My point is, you don't need to give these guys thousands of dollars to teach you how to make money online.
It's a Warrior Forum Product
This is probably my biggest problem with the product. The Warrior Forum is a website where spammy internet marketers hang out and try to sell each others products. There is a lot of low quality products that come from the Warrior Forum. This isn't to say it's all bad, but they have a reputation with Amazon.
Amazon is aware of these types of products and has been working to remove the authors that use them from the marketplace. Here's a quick screenshot of one part of an article where Amazon discusses the problem.
With Amazon already cracking down on this problem years ago, you can bet that anything that slips past them won't last long.
The methods you learn from this product are a little deceptive. For starters you're told to hire low rate freelance writers to write for you. Anytime you publish a book with your name and someone else's work, that's deceptive.
They never tell you how much it will cost to have that writing edited. Second, or third rate writers from other countries are notoriously bad about proper grammar and spelling mistakes. It would cost you at least a hundred bucks to have that edited. But that's not all.
They also teach you to scour the internet in search of things like recipes, work routines and even ingredients to put in a book. They tell you this because none of this stuff is copyrighted. You can legally take exercises and recipes and create your own book. You can't copy it word for word, but you can copy the main parts and put your own spin on it all. This is incredibly deceptive.
Better Alternatives To 7 Figure Kindle Tycoon?
Honestly, this course was not very good. But there are better courses out there on how to make money with Kindle. My all time favorite is called Self Publishing School. It's a full, comprehensive course on how to publish your first book, increase your earnings, and maintain them over time. I was really impressed with it!
However, it's a little expensive. A cheaper option that I also liked was called KMoney Mastery. It's only $67 currently, and teaches you how to publish non-fiction books, including some tips on how to outsource the content. I think this is what Kindle Tycoon was trying to accomplish, but failed to do. So if the idea of hiring someone to write books for you to publish on Kindle (and then reap the profits), KMoney could be a good choice!
Personally, I'm an affiliate marketer and make money by reviewing products online. This website you're reading now is about making money online, but I have some other websites on other topics too. You can build your site on any topic you want, and promote a variety of products and services you trust. Learn how to be a full time internet marketer like me, and you can make multiple streams of income from different companies 24/7 with a website!
You'll need a website to promote your Kindle books anyway, so you might as well learn the basics of WordPress website creation and traffic generation!