Have you heard of someone making money and having success with nothing more than a few emails, a great business strategy, and the internet?
Michael Hummel, in this case, fits the bill. With little investment in marketing or promotion, he attained success. The only thing he did was broker services between other companies and his clientele.
This review of Agency Tycoons is for you if you’re interested in drop-serving businesses but need to learn more about him.
So, let’s find out whether his course is legit and will help you make over a grand or if it’s simply another way to part you with your cash.
Agency Tycoons is pretty much your standard dropshipping course.
If you’ve followed my blog for long, you know that I don’t like dropshipping as a business model for a few different reasons.
That being said, it IS possible to make money with it, so I want to give you an honest review of this particular program.
But first, let me clear the air on one important thing:
Dropshipping has never been – and will never be – a passive, recurring business. No matter what the guru might tell you, it requires constant work.
I’m telling you this from my own personal experience running several dropshipping stores on both Shopify AND Clickfunnels.
If you’re looking for a business that you’ll need to be super active in, dropshipping might be for you.
If you want to make money while you sleep and travel the world, dropshipping just isn’t it.
The main reason?
To have real success with dropshipping, you need a bulletproof system for finding the hottest new products before anyone else.
In the very best case scenario, you have a relationship with your supplier, where they give you a heads up on products that are about to pop. These relationships don’t typically come around until you’ve done 6-figures in business with the supplier.
In the worst-case scenario, you’re testing a bunch of products with ads, losing money until you find that one winner.
I’m not saying dropshipping is a bad idea based on that alone… most businesses require you to lose money before you actually make money, so it’s somewhat normal.
But let’s assume you DO in fact have the next fidget-spinner craze product, months before anyone else knows about it…
That’s great! But now you’re gonna need to get people to buy it.
- Tens of thousands of dollars in ads
- Tons of time spent split testing to find the best landing page variations, best product descriptions, best ad copy, best ad videos, etc.
Again, some people thrive on that and love it. So if you’re looking for that level of constant testing and gambling, it might be a good fit.
It’s also worth calling out that Facebook has a track record of banning you FOR LIFE from advertising on their platform for dropshipping.
Think about it: it ruins a user’s experience with Facebook when a product shows up 45 days after they’ve ordered it, and is nothing like the product they thought they were buying.
So Facebook would rather ban you from their platform than risk a bad user experience.
Suffice it to say, it’s a lot of stress for not a lot of payback.
As someone that actually ran a dropshipping business, I can tell you from personal experience that your time can be better spent with other business models.
If you’d prefer a business model that generates recurring, semi-passive income, you may be interested in becoming a Digital Landlord.
- No sketchy suppliers
- No razor-thin margins
- No banned ad accounts
- No super angry customers
- No spending $10K testing an ad campaign
It’s something that you could make anywhere from $2,000 – $10,000 with consistently, month after month.
A stream of income that you can build as high (or low) as you feel like building it.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
For the Agency Tycoons review, let’s keep reading.
What Is Agency Tycoons?
The role of Agency Tycoons is to act as a medium between software creators and their end users. It’s an online training program that teaches people how to start a new business idea and generate money online.
Drop servicing is a topic I’ll cover in depth here.
As a drop-serving agency, Agency Tycoons will show you how to connect with various businesses and individuals so that they can provide their services to new customers. Although drop servicing has the potential to earn you money online, it still necessitates a lot of hard effort. This may not be the right business venture for you if you dislike dealing with people or making cold calls on a daily basis.
What Is Drop Servicing?
Drop servicing, in which you act as an intermediary between a customer and a company, is beneficial for both sides. Finding companies that require your drop servicing help is crucial to running a successful drop servicing company. Instead of doing everything on your own, you’ll hire a service to do it for you since they have more workforce and equipment.
You will make money by charging your services fee and the outsourced person’s fee to your customer. Businesses like Airbnb and Uber are great examples of drop-servicing businesses, both of which are doing exceptionally well in the industry.
In both circumstances, they don’t own any of the assets they employ to provide their services to clients (ride bookings for Uber, lodgings for Airbnb). Instead, they use other people’s assets to connect them to clients who need that service.
Who Is The Owner Of Agency Tycoons?
Michael Hummel, 23, from Seattle, is the brains behind a digital world that operates entirely by email. Michael grew his digital marketing firm’s income by six figures in less than a year, with no further investment in social media management or paid promotion.
To help other entrepreneurs succeed in today’s market and acquire more customers, Michael Hummel now shares the same systems and processes he used to have a successful digital agency. In one interview, he said that there are so many gurus out there who are preaching about Facebook ads, sales funnels, and chatbots to acquire clients that it’s hard to keep up. It’s the complete polar opposite of everything Michel Hummel stands for.
From zero to $106,000/month in 10 months, he only used organic outreach methods to acquire new customers daily and became the owner of a successful drop-servicing agency, Agency Tycoons.
Michael Hummel made his plans for the future clear in the same interview. “Organic money printing machine” is a term Hummel coined to describe a tool that can help new agencies and entrepreneurs generate 3-7 qualified sales calls per day for their businesses without spending money on acquisition costs and eventually become successful.
With an eye toward the future, Michael Hummel hopes to help more than 5,000 entrepreneurs in launching successful digital agencies, from which hundreds will be able to generate way more than a thousand dollars each month. He argues that paid ads are a waste of money when you’re just getting started. Although “hard work, of course, is required,” he claims that “it’s simple to get to $50,000/month off the organic outreach techniques.”
The following are Michael Hummel’s own words when asked to reflect on his success: “Most people lack the ability to succeed, and they don’t know it. Learning from people who have gone before them with proven methods is essential for their success.”
What’s The Cost Of Agency Tycoons?
Prepare yourself to spend money if you believe you can take on this multi-billion dollar industry with the aid of Agency Tycoons and Michael Hummel. The price tag for this program varies with each inquiry but often ranges from $3,000 to $5,000.
What Do You Need To Do?
Michael Hummel goes after small company owners looking to expand their consumer base. They pay him hefty monthly sums to keep their supply lines flowing smoothly.
To supplement their current advertising efforts, they are searching for someone who can use the internet to produce leads at a lesser cost and of greater quality (billboards, direct mail, newspaper advertisements, etc.). Your chance is right there. It’s a terrific business strategy as long as corporations are prepared to invest money to improve earnings.
There’s no expense, no complicated tech learning curve, no customer service, no returns, and no terrible items from China to be sold. It’s a relatively simple procedure. Emails, phone calls, and face-to-face meetings are all good ways to get people interested in your service and clinch the deal.
Then you can outsource the fulfillment and retain the money. Use Michael’s Agency Tycoons Accelerator technology to start and build your own drop-servicing company. This, however, will cost you a whopping $4,000.
Are There Alternatives To Agency Tycoons?
Yes, there are plenty of Dropshipping programs and resources to choose from if you want to pursue this business model. Here are just a few:
Is Agency Tycoons A Scam?
So, time for the question you’ve been waiting for: is Agency Tycoons a scam?
No, not technically speaking. They aren’t going to take your money and ride off into the sunset without delivering you access to their course.
It’s 100% possible to make money with this program, but it’s not nearly as simple as Michael Hummel wants you to think it is.
There is A LOT of upfront work to do, and no guarantee of success.
Don’t get me wrong – I’m all for doing hard work now so that I can collect checks in the future.
But if I’m going to spend 3 months of my life working super hard & spending thousands of dollars, just to break even… it’s just not worth it (in my opinion).
Think about it: what if you worked that same 3 months with just an hour or two per day, and in return you could collect a $500-$2,000 check that continues to come in every month?
Even better, what if you could actually get that first check in as little as a week?
And what if you could double or triple it over the next month or two?
That’s what you get when you rent digital properties as a Digital Landlord.
All you really need is a laptop and some internet.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money In 2022?
I’ve personally tried all of the major online business models:
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve drop-shipped jade rollers via Clickfunnels
- I’ve sold fidget spinners through Amazon FBA
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
1)Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours daily is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
2) Ownership & Control: With dropshipping, you don’t actually own anything. You can’t control your product quality or even what the package looks like when it shows up.
Technically you own your Shopify site… but ad platforms could shut you down at a moment’s notice… so you don’t really have much control there.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3) Fulfillment: Alright, so you don’t have any inventory… but that worry has been replaced with the pains of overseas fulfillment.
That means your customer is going to have to wait 3-4 weeks to receive their order.
Then add in the current global supply chain woes… and you’re looking at 5-6-7 weeks!
Then the customer slaps you with a refund, and all of that time spent testing and spending money on ads was for nothing.
You don’t have to worry about any of that when you’re renting out digital properties.
4) It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with dropshipping, you would need to sell twice as much inventory or double your profit margins. And I can guarantee you (from my Shopify dropshipping days) that’s a lot harder than a few clicks & a phone call.
5) Big Margins: With dropshipping, you’re often going to have really slim margins. That means you need to hit a serious scale to make serious money. This usually entails spending A LOT of money on ads and other methods for growing traffic to your product.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
6) You’re Helping REAL People: My biggest gripe with dropshipping is that you’re usually finding some product that’s complete garbage, and are tricking people into buying it. It provides no real value to them or the world in general.
It’s cool in the short term to make a quick buck, but in the long term, it gets really old, really fast.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with.
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other dropshipping programs like Agency Tycoons, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.