Mikey Kass Review (2023): Is He A Dropshipping Genius?

You may have come here after seeing Mikey Kass’ YouTube ad in which he promises to give away his entire Shopify brand for $17.

And you’re wondering if this opportunity is worth it. Is he legit or not?

Read this Mikey Kass review to find out.

Mikey Kass 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.

Dropshipping might be for you if you’re looking for a business that you’ll need to be super active in.

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.

Translation?

• 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 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 using the Digital Rental Method.

This means:

• 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 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 using the Digital Rental Method.

For the Mikey Kass review, let’s keep reading.

Who Is Mikey Kass?

Mikey Kass began his career as a full-time entrepreneur when he was 18. He started his dropshipping business at 17 and now earns $150k per month. As a result, he dropped out of high school and moved to Hollywood.

But, this made his parents suspicious of his business and hired attorneys to look into it.

That’s why police checked on him, private investigators followed him, and lawyers interrogated him about his six-figure pay.

After a year, Mikey realized he only wanted to create a dropshipping course to share his knowledge. So he created “The Ecom Good Life,” a series of video lessons that show people how he attained his Hollywood dream.

Ecom Good Life, according to Mikey Kass, can teach you:

1. How to build a profitable dropship store
2. Learn how to properly research products and market to clients.
3. Simple steps to running a successful Facebook ad campaign.
4. How to negotiate with suppliers.
5. Analyze winning strategies.

These are the strategies Mikey Kass has learned over the last four years and included in his training course:

1. How he found products with a success rate of above 65%.
2. He shows how he keeps a 40% net profit on six figures per month.
3. Increasing to $1000 per day.
4. Work/life balance
5. How to grow your Shopify store from $0 to $10,000 – $150,000 per month.
6. He teaches you product research and marketing.

Is It Worth It To Buy A Dropshipping Shopify Store?

Dropshipping is not for all. To make money in this saturated market, you must first spend money. Walmart joined Shopify this year to compete with Amazon.

Using Shopify costs money. There will be issues if you don’t pay the annual fee, mainly when adding apps.

Profits are not the same as sales. In dropshipping, you must pay the supplier when you sell. What appears to be $100K in sales may actually be $15K in profit in this example.

There’s a reason why making $50,000 in profits and having it verified is required to gain online recognition. You must also spend on advertising, coaching, and training.  It’s important to be careful when making money.

Is Shopify Safe And Legit?

Currently, Shopify is the most secure e-commerce platform. And it’s true when you use Shopify to create your own store and when your consumers buy from it.

Shopify is safe due to the following reasons:

1. It has been running for over 15 years with no serious issues.
2. It is worth over $150 billion on the New York Stock Exchange.
3. Every Shopify store gets a free SSL.
4. The company’s creator and CEO are open about its goals and status.
5. They provide good customer service.
6. Shopify always charges the correct price on their plan.
7. Shopify has never disclosed any consumer payment information.

Shopify is legit because of the following reasons:

• They don’t overpromise, like saying every store owner would be successful.
• They are honest about the platform’s flaws.
• Their price is quite straightforward.
• Real Shopify shops are easy to find.
• You can use the platform without a credit card or a membership.
• It’s simple to downgrade or cancel.

Is Dropshipping Better Than Starting An Income Store?

Dropshipping has become more complicated. To build a six-figure dropshipping business, you’ll need to work hard.

On the other hand, investing in Income Store is riskier.

What Is Income Store?

Ken Courtright founded Today’s Growth Consultant Inc. (The Income Store) in 2008.

Investors liked Income Store because they could buy websites and online businesses. In contracts, Income Store claimed to buy income-producing websites for investors, manage them, and split the profits 50/50.

What was alarming about the deal was that it promised a “guaranteed return,” regardless whether the Income Store business continued to produce as much money in the following months or years.

From 2012 to 2019, the Income Store company grew rapidly. They even made the INC 5000, a list of the fastest-growing US companies.

In November 2019, rumors began spreading about Income Store not being able to pay employees, a possible SEC investigation, etc. The SEC intervened in early 2020 to shut down the Income Store business as an accused Ponzi scheme.

In January 2020, the SEC shut down the company, handed over the assets and management of what was left to Melanie Damian, a court-appointed receiver, and filed civil and criminal charges against Ken Courtright and the Income Store.

Securities And Exchange Commission Against Income Store

Kenneth Courtright, 51, founded and managed The Income Store from his Minooka home. He faces civil and criminal accusations in connection with allegations that he promised investors annual profits of up to 20% in return for a six-figure “upfront fee” to create and maintain websites.

The profits were funded by compensating early investors money to pay off older investors until the alleged Ponzi scheme became “unsustainable,” according to an SEC civil complaint filed in December 2019.

Courtright was charged with fraud in February 2020 after the FBI began a separate investigation into The Income Store’s suspected Ponzi scheme. The lawsuit’s trial is set for April 2022 in Chicago federal court.

What Happened To The Income Store’s Investor Funds?

Since January 2020, Melanie Damian, a court-appointed receiver, has been administering The Income Store sites with a skeleton team while Courtright’s assets are frozen. Nevertheless, the business made around $1.2 million in sales last year and made a profit.

The Income Store raised $144 million from investors over three years but only paid out $40 million.

According to court documents, the receiver releasing has received around $104,000 from The Income Store as of March 31.

A Chicago federal court approved a two-tiered distribution deal that lets investors claim The Income Store’s properties instead of cash. With 82 plots and nearly $7 million in potential monetary claims removed from the estate, 30 of the 481 investor claims chose that alternative.

As per Monte Cahn, founder, and president of RightOfTheDot, a Florida-based digital asset auction company, the remaining 451 investors will split the auction proceeds minus commission costs ranging from 15% to 25%.

Cahn expects at least one bidder to fund the $2.5 million for the entire lot. If no bidder is found, the websites will be separated into categories or sold separately.

The Income Store created and ran websites like KeepingCarsClean.com, a waterless carwashing website, and HoneyBeeStings.com, a beekeeping website with advertising. Three domain names were secured for selling Donald Trump memorabilia.

Cahn claimed 39 potential bidders had already registered.

Despite being a Ponzi scheme, Cahn estimates the 200 active Income Store sites are valued between $10 and $15 million based on domain names and income.

Cahn believes the Income Store’s former website, incomestore.com, has value despite the alleged scam.

My Final Thoughts

Even intelligent people find dropshipping challenging.

Remember that you have no control over what your clients receive. You can only hope they are pleased with their purchase and leave positive reviews.

And even if you don’t make any sales, you must pay for domain hosting, advertising, and VA salary (in case you hire some people on your team).

Dropshipping as a side business is difficult. It will take up a lot of your time and money, contradicting the purpose of a “side” job.

You have several options when starting a business.

Even if you want to be a dropshipper, there are better options than the Mikey Kass course.

Remember that I’m not compensated to promote the programs I review. Dropshipping, in my opinion, is a great business model, but you may end up losing out on a lot of money.

Is Mikey Kass Legit?  Or Is He A Scam?

So, time for the question you’ve been waiting for: is Mikey Kass 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 his program, but it’s not nearly as simple as Mikey Kass 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 use the Digital Rental Method.

All you really need is a laptop and some internet.

Some of my friends are Digital Rental Method 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, using the Digital Rental Method might be for you!

What Is Our Top Recommendation For Making Money Online In 2023?

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, using the Digital Rental Method is for you.

Why?

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 per day 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?

With the Digital Rental Method, 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 it’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.

using the Digital Rental Method, your profit margin is nearly 100%. Watch here to learn how.

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 to 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 With the Digital Rental Method, 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 Mikey Kass, 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 ACTUALLY to 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.