The Affiliate Marketing and MLM industries are two completely different business models, but every once in a while a course comes along that blurs the line and causes some confusion for potential students/recruits.
It sounds like this may be the case with Philip Johansen and his 7 Figure Accelerator (aka High Achiever Society) course.
But before we get too far into that, I’m guessing that the reason you’re here is because you either heard about 7 Figure Accelerator from a friend or family member or maybe you saw an ad talking about how you can potentially make up to $5,000 per day without selling any products, running a website or placing ads.
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Yeah, I know it sounds a little far-fetched, but that’s what we’ll be talking about today in this 7 Figure Accelerator Review to see if Philip Johansen is actually legit or not.
My plan is to give you as much information as possible about Philip and his course and answer some of the more common questions about courses like this so that you can make the best decision for yourself, because the last thing you want is to find out 6 months from now that you either made a horrible choice – or at the very least wasted your time.
So, with all that said, let’s get started…
What Is 7 Figure Accelerator?
After doing my research on this course, I’d like to approach this question from 2 different views – my Optimist side and my Pessimist side.
First, the Optimist…
7 Figure Accelerator is an affiliate marketing course where Philip Johansen teaches you how to use platforms like TikTok and Instagram to sell products without having to create your own videos, essentially using other people’s videos.
He also has some glowing reviews that you can find on Trustpilot.
At first this sounds great, especially for people who may be a little anxious getting in front of a video camera or iPhone.
Now the pessimist in me dug a little deeper into the program and found out that although Philips training programs are free to join the program as an affiliate, it costs a good deal of money if you want to make the kind of big money that Philip talks about.
And true to form, there are some allegations of the program being a scam.
Let me explain…
What’s the difference between a legitimate business and a Ponzi Scheme?
Legitimate Business:
A legitimate business provides actual products that a customer needs, wants or desires – and the business makes money from the sales of these products or services.
For example, you can expect to buy a book from a large chain bookstore like Barnes & Noble or your little Mom & Pop shop bookstore down the street.
The same goes when you buy a steak dinner from Longhorn Steakhouse or a burger from McDonald’s.
You pay for a product, you get a product.
Legitimate businesses have a proven track record and also obey specific laws that are put in place to protect the consumer, because the business owner wants to invest in their future.
Ponzi Scheme:
Now, let’s take a look at the Ponzi Scheme. A ponzi scheme doesn’t have an actual product or service to sell in order to make money. What happens is that to join you need to pay an “entry fee” so that you can take advantage of the “opportunity”.
Now, this is where they get ya.
The money you paid to join then goes to the person that signed you up and then to the people that signed them up.
As time goes on, you are incredibly excited as it may seem like your investment is paying off because money from new investors is coming your way, but the catch is that no REAL profit is being made
This type of scheme always has to have more and more new people investing into the program – without that, there won’t be enough money to pay the previous investors, and sooner or later the house of cards crumbles, people lose their money, the mastermind behind the scheme either goes on the lamb or they get caught by the law.
Who Is Philip Johansen?
Philip is an entrepreneur originally from Copenhagen, Denmark and found financial success as a 1%-er affiliate marketer making over half a million dollars from commissions. In 2021, he started a digital marketing agency with the goal of helping businesses make money through affiliate marketing.
After that, he founded High Achievers Society, which is a business coaching to help people start online businesses. He now lives in Dubai, UAE and has 47k followers in TikTok and over 470k followers on Instagram.
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How Much Does It Cost To Join The Program
It’s free to become an affiliate of the program, but if you want to be in a position to make money from new people who sign up, you’ll need to pay $2,497 or 3 installments of $1,000. It’s also rumored that there’s an additional cost of $10k for additional training Due to the nature of the program, Philip doesn’t offer any refunds.
What Do You Get After You Join?
Inside the program, you’ll receive the following:
Complete Affiliate Package
- A diverse range of websites, funnels, and products ready to use.
- High ticket items included in ClickFunnels.
Free Traffic Mastery
- Interactive workshops on how to attract visitors using Instagram, TikTok, and Pinterest without spending money.
Boosting Your Mindset
- Tips on managing your time and staying focused.
Creating Content Like a Pro
- Training on making social media posts that get attention.
Email Marketing on Auto
- Automated emails setup with AWeber.
- Emails designed to sell, with your links included.
Joining a Supportive Facebook Group
- Access to a group of like-minded people with expert help and personalized guidance.
- Help available anytime from experienced affiliates.
Are There Better Ways To Make Money In 2024?
When thinking about starting a business, you always have to focus on your product or service and making 100% of your money from that. If there’s any other form of compensation that involves money changing hands with no product or service involved, I would stay away from that.
Now, that’s not to say that Affiliate Marketing isn’t a legit business model, because it is and I’ve made a fair amount of money with it.
The issue I have with affiliate marketing and other programs is that it’s a high-maintenance type of business model that demands more and more of your time the more and more money you make.
Which is why I prefer Digital Leasing, because of its simple concept that many a successful business follow, which is you only get paid for the services you provide.
If you’d like to know more about Digital Leasing and why it’s my #1 recommendation, click the button below.
