Today, I’ll introduce you to another man who’s earned millions online. Through his several seminars, e-commerce business guru Fred Lam makes some impressive claims, but what specifically qualifies him to do so? Who is he? And can he help you achieve your goals?
To help you find out more about this mystery millionaire, have a look at this Fred Lam review.
Fred Lam’s teachings aren’t too different from most eCommerce courses. Sure, their marketing makes some great promises you haven’t heard from the other eCommerce gurus, but at the end of the day, no magic bullet overcomes the massive pitfalls of this business model.
Fred Lam is pretty much your standard dropshipping guru.
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.
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 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 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 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 using the Digital Rental Method.
For the Fred Lam review, let’s keep reading.
Who Is Fred Lam?
Fred Lam is unquestionably an inspiration to young people who want to succeed in life. Fred used to be like you and me before he started living the millionaire lifestyle today; he was in his twenties and looking for the quickest way to make a lot of money, and his strong belief that he needed to be rich pushed him out of his ordinary life.
He did a lot of research and learned about marketing. He thought it might be a good fit for him, so he changed careers. As a young and simple sales representative for the BMW Group Canada, he was persistent and eager and appeared to have innate marketing and sales skills. He was quickly dubbed the youngest marketing manager by his bosses after his dedication eventually paid off. This is a fantastic achievement for a young guy who once washed sushi-stained plates.
After some time, he left his company and decided it was time for him to share his knowledge about entrepreneurship. So he established his E-learning school, iPro Academy.
In 2018, he also became part of the exclusive, invite-only org, Young Entrepreneur Council (YEC). Their focus was on helping fresh faces from the entire world boost their startups.
Personally, it was a smart move, as it opened different opportunities for him and created a good network for his own companies.
He also received tons of awards through YEC.
This includes titles such as “Young Entrepreneur Of The Year,” “Clickbank’s Top Client Award,” and the “Best Selling Author” title for his book The Traffic Trilogy, to name just a few.
YEC one really upped his game
His modest early life and leveling-up stories encourage us to keep trying until we eventually make it, too.
Fred Lam’s Main Job
Fred’s main job right now is assisting clients with their online shops.
How does he do it? Using his expertise in marketing and sales, you may optimize and implement his tactics to ensure the success of your online stores.
His students and clients can feel confident knowing his understanding of online marketing is REAL, thanks to his best-selling book, The Traffic Trilogy. Moreover, his success rates and experience actually support it.
For those interested in learning how to start their own e-commerce company on the internet, Fred offers an easy-to-follow guide and services to help you with store management.
He offers no-nonsense courses designed for beginner-friendly, set on online store creation. His staff also demonstrate and provide very guided training.
The essential thing he does is show you how to use digital marketing to develop your company and enhance your income.
And it seems his method is quite good as most of his students have already started to earn hundreds of thousands.
It seems his courses are pretty perfect if you’re starting from zero in the online business world.
A Brief Overview Of His Online Courses
As a natural marketing genius, it’s no wonder Fred’s online ventures are making it big.
This guy is making millions through many ventures, but what’s really doing it for him is his two online eCom courses.
IPro Academy
People interested in becoming internet professionals like you can connect in the iPro Academy community.
This course from Fred Lam is ideal for you if you want to become a skilled marketer with strong media purchasing skills. It’s also a great place to keep learning in this ever-changing digital world.
This online community promotes innovative methods of earning money online that don’t need traditional education or a steady 9-to-5 job to succeed.
Fred and his team want to help you control your destiny and define success for yourself.
Zero Up Lab
Zero Up is a virtual training platform for dropshipping business owners founded by our main guy.
Fred’s course comes with Zero Up software to assist entrepreneurs launch and expanding an e-Commerce store.
His dropshipping course comes with seven modules, each designed to help you make your business reach its full potential.
Their modules are straightforward: store creation, inventory arbitrage, amplifying your store, powering up your brand, creating a sales funnel, utilizing advertisements such as Facebook and Google ads, management of your E-commerce store, and expansion, everything you’ll need to start your drop shipping business.
Fred Lam and his crew say that their training modules and software will quickly offer you the financial freedom you’ve been dreaming of.
Other Money Makers
Besides these two companies, Lam’s also hitting YT with his current 97.8k subscribers. We might be talking about him being one of the highest-paid YouTubers in no time. His channel tackles topics on ecom’s do’s and don’ts.
If you have time, I recommend you try searching for him on YouTube. His contents are pretty handy.
He’s also profiting from his Amazon-published books, such as Starting From Zero and The Traffic Trilogy.
No wonder he’s been said to be living the great life; just look at all his money-generating enterprises.
Beyond The Online Business World
Through his many years of struggles, Fred Lam has developed a sense of responsibility to give back.
In fact, one of his companies, Water Liberty, has partnered with two nonprofits. One of them, the charity: water, has been working on a water project in West Bengal, India, for two years. And Trees for the Future.
Over 175,761 trees have been planted as of June 2018, and the numbers are expanding daily.
Besides that, he also has a mission to teach and help 100,00 eCom startups to achieve their ultimate goals.
How Much Is His Current Net Worth?
With all the hype about this guy’s story, achievements, and successful online ventures, you’re probably dying to know how much he’s currently earning today.
Wait no more because this section will answer just that for you!
As of this April 2022, Fred Lam’s net worth has reached very solid figures.
From all struggles, he rose from a 9-5 job wage, and now, at the age of 32, he’s making over $44.5 MILLION!
A satisfying outcome from all of his hard work.
His marketing and sale prowess is really incredible; it makes you want to listen to what he has to say about your eCom business.
Are There Alternatives To Fred Lam’s Courses?
Yes, there are plenty of eCommerce programs and resources to choose from if you want to pursue this business model. Here are just a few:
Is Fred Lam Scamming Us With His E-Commerce Business Course?
So, time for the question you’ve been waiting for: is Fred Lam 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 Fred Lam 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!
My #1 Recommendation In Making Money Online
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.
Read Our In Depth Breakdown Of The Top 5 OppDropshipping Courses For 2024
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’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.
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 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 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 Fred Lam, 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.
