Is 7 Figure Franchise a Scam? – What You Should Know
7 Figure Franchise by Michael Cheney is said to be a mostly “done for you” system that he has made over $1 million within the past 12 months and that he is now giving away to other people. But is it as really as good as he claims it is? What is the catch to this all? Is this legit or somehow is 7 Figure Franchise a scam that you should be avoiding?
In this review I will be going over a few things that you need to know before hand. The truth of the matter is that, while you can make money with the system, it is not quite as amazing as it may seem.
7 Figure Franchise Review
There are probably many different promotional materials that exist out there for this system, but what led me to it was this video presentation that you can see below. In the video Michael said that he is literally going to force you to make money whether you like it or not, as you can see…
It’s no wonder why you are suspicious of the system. Michael throws quite an over-the-top sales pitch at you and really makes things seem as if there too good to be true.
During the video he shows all the money he has been making online, which consists of tens of thousands of dollars at once in some instances, he claims that it does not take much work to make the 1.1 million that he made in the last 12 months, and so on. However he does say that he puts in five hours of work per day which is something that seems realistic. He doesn’t tell you that you can do this “with just 30 minutes per day” or some BS like that.
The reason that he claims to be giving this system that he has been developing a way to people is because he is sick and tired of seeing people fail to make money online.
What Exaclty Is 7 Figure Franchise?
Michael Cheney has been around in the online world for a while and has developed many different products, ranging from traffic generation products to email list building products to Facebook marketing products anymore. He is well known in the industry and has been pretty successful.
So where does 7 Figure Franchise fit in?
Well basically this system gives you access to all of his products and access to a high ticket affiliate program where you can make big commissions getting other people to join.
There are seven main components to the system, which he goes over. However I’m going to give you my own take on each of them and share with you my opinion, because he does make everything seem better than it really is.
1) $1,000 Commissions
The first component that he goes over is the $1000 commissions. As a member you will be able to get other members to join in and when they buy backend products you can potentially earn $1000.
However it is important to know that the person who was promoting the system and funneled you in was also trying to earn these $1000 commissions. Don’t get me wrong, you definitely can take what you get from this system and apply it to many different forms of online business, but this seems to be mainly focused on getting people to join the system and then getting them to promote the system and make money this way, which is similar to other digital marketing programs such as MOBE.
It is also important to note that just because you get someone to join does not mean you will earn $1000 in commissions. They will have to buy into up-sells on their own to earn this.
2) Pre-made Affiliate Promotions
You will be able to use all of Michael Cheney’s own affiliate promotions that he has created. Again… this is part of the “done for you” portion of the system.
3) 100% Commissions
You will get access to all of his products and be able to promote them earning 100% commissions. These include products like Commission Machine, Commission Cartel, Fan Page Money Method, Email Black Ops, List Building Black Ops, and more.
I’m honestly not sure exactly how this compensation plan works, but he does tell you that you will be old earn 100% commissions. There has to be something in it for him when you sell these products, so I’m thinking that maybe the buyers have to pay some sort of administrative fee or something, but I really do not know.
Many of these products have done well on digital product marketplaces like JVZoo.
4) Step by Step Blueprint
You will also get access to what he calls the step-by-step blueprint. This is basically training that you can follow, which he claims talking to earning the 1.1 million in a year’s time.
This consists of recordings from live events that he has held where people have paid big money to hear him talk.
5) Access to All His Digital Products
in addition to being able to receive commissions from promoting all of his products, you will also be able to get user access to all of his products, including recent ones.
6) Get 1,000 Visitors for Free
You will also get “1000 visitors for free” where he will show you traffic methods to be able to do this. This is nice because it hopefully can give you a little jumpstart to your business.
7) 30 Days of 1 on 1 Consultancy with Michael
After joining you will also get access to 30 days of mentorship from Michael himself. I honestly cannot imagine this mentorship being all that great, because I don’t understand how he can possibly have enough time to mentor everyone when this system is being promoted like crazy, but either way… Getting one-on-one mentorship with him is definitely a plus. He is very successful in industry and certainly knows what he’s doing.
The Cost of Becoming a Franchisee
And now to the cost, which will likely scare you off. Becoming a franchisee is not cheap at all. You have two different payment options: you can either choose to pay a one-time fee of $1997 or you can make two payments of $1100.
Will you ever recoup this initial investment? Well that just depends. I think it is definitely possible but the answer to this strongly hinges on how much effort you put in, a good you turn out to be at promoting the system, and the many other variables.
Is It As Good As He Claims It Is?
In my opinion, no the system is not quite as good as he claims. Michael has quite a knack for over promotion and really just being one of those sales people that comes off as to “salesy”. He always seems to be promoting some sort of “done for you”, “turnkey” type of system that you can just plug into and make money. But of course we all know that is never this easy.
Do his products and does the system provide value? Absolutely I think it does, just not quite as much as he leads you to believe.
Many of his products that are included in this system are pretty repetitive. Some of the products he releases seem to be basically rebranded and slightly updated versions of older products.
So is 7 Figure Franchise a scam? I would not call it a scam, but of course you can form your own opinion about this.
Personally I’m not too much of a fan of overhyped systems like this that lure people in with somewhat misleading claims and then push them to go out and promote the system to other people. But to each their own. Some people like these systems and do well with them but it is worth noting that most people don’t, or at least that is what I have observed over the years. These types of systems are of most benefit to the creator, in this case Michael Cheney, and not so much to the people buying in.
Something else you might be interested in since you are interested in making money online is Wealthy Affiliate. This is the program that I got started with back in 2015 when I first started looking for ways to make money online and I’m making a living now doing so… which goes to show that it works. I find that this program is particularly good for beginners and I’m not going to get into it too much here so if you want to learn more you can click here to read my review…
What do you think of 7 Figure Franchise? Do you think it is a scam? Is it something you think is worth the money? I would love to hear your opinion and I also think it would help other readers out if you left a comment below to share your thoughts…