You may have heard of Mike Barron, a man who claims to have made nearly $2 million in sales last month.
He claims that all you need is a phone and laptop to make a fortune in passive income while working from anywhere in the world.
Mike claims to be your go-to guy to teach you how to earn big commissions by conducting phone sales for coaches in his program, the 6-Figure Inside Closer.
Is it legit, though?
Now, I do want to be totally up front here, so…
Mike Barron’s Closer Academy is a training program that claims to turn you into a 6-figure earner by becoming a “high-ticket closer.”
Simply put, he teaches you to make sales for online courses.
To clear the air here, you can make 6-figures by doing high ticket sales.
The caveat? You’re essentially trading one job for another.
Competent salespeople will always be a necessity. And if you’re partnered with a good product to sell, you can earn good income and work from pretty much anywhere you want.
The major downside here is that things need to go 100% according to plan, i.e., people actually showing up to the phone calls that get booked for you, and having the motivation (and financial qualification) to buy from you.
And unless you’re working with the cream-of-the-crop course sellers that know how to do their marketing and follow-up, this is most likely not going to be the case.
So therein lies my biggest issue with being a “closer”: no matter how much money you make in one month, you’re entirely at the mercy of another person’s whims in the next month (AKA, your income can always be taken away from you).
The second biggest issue is lead quality. For most online programs, you’re looking at a 60% no-show rate (meaning people don’t attend the scheduled call).
So if you set aside 8 hours for calls, you’ll maybe get to talk to 3-4 people at best. If you factor in only half of the people being financially qualified, you have maybe 2 people that can afford to buy from you (you then, of course, have to actually close them).
Keep in mind, that’s the best-case scenario.
Issue #3: commission rate. Most programs claim you’ll make $1,000+ per day in commissions.
The average commission for a coaching program will be around $500. That means you need to close two calls every single day to hit that number.
But if you’re only getting on calls with 2 people who could afford to buy from you, you’ll need to have a 50-100% close rate. And to be frank, if you could do that… you should be selling your own stuff, not someone else’s.
The last issue is going to be consistency – sales move in cycles, meaning you’ll have high highs and very low lows. If you can deal with that emotional rollercoaster, then this isn’t necessarily an issue for you.
If you’ve read some of my other articles, you’ll know that I recommend building a consistent, recurring income stream every month.
What if you could build something that was mostly passive?
A reliable business that doesn’t require:
- Talking all day on your phone
- Wasting your life away with high no-show rates
- Trading time for money
- Living at the mercy of someone else’s decisions
An income stream that could drive consistent checks (anywhere from $500-$2,000 each) every single month, almost on autopilot?
One that you could build in your spare time, make as much (or as little) as you want, and not have your head glued to a cell phone all day?
If that sounds interesting, you might want to look into using the Digital Rental Method,
For you others, let’s continue with my review of Inside Closer Academy.
Who Is Mike Barron?
Mike Barron has a inspiring story to tell. His mother had him at just 16 years old and he grew up in a rough neighborhood. He was immersed in the street life and wanted to be a gangster as a teenager.
Mike was driven by his will to succeed and wanted to make a positive difference in his life by going to college, even being offered the position of a college president in that institution.
Things took a turn for the worse when the college where he worked lost its accreditation. His money vanished, and he was having difficulty finding another job.
Then, by chance, Mike was able to connect with billionaire Grant Cardone on a live call. Grant called Mike to his office, and to make a long story short, Mike became Grant’s inside closer and learned the ins and outs of high-ticket closing.
Mike is now the owner of Limelight Media, a multi-seven-figure Facebook marketing company aimed at fitness professionals. His business focuses on lead generation and sales.
He also manages Mike Barron’s Closing Academy, which trains people on how to close sales.
What Is The Inside Closer Program?
Do you like the idea of making $1,000 to $2,000 in commissions or more? A high-ticket inside closer can help you do just that.
Mike does a great job of explaining the business technique for high-ticket coaching.
Mike reveals how these coaches close leads and sell their packages for tens of thousands of dollars in his webinar.
It works like this:
- Coaches run advertisements and produce leads.
- These leads schedule appointments with team members (closer).
- To close the lead, the inside closer follows a script.
- The closer receives a commission when a sale is made.
The Insider Closer curriculum covers all the skills required to close these high-ticket coaching leads.
What makes being a closer for a high-ticket item appealing is:
- You don’t need your own product.
- You’re dealing with leads who are zealous about the product.
- High commissions (10% – 20% in the majority of cases)
- Another advantage is that it’s not a typical sales job where you have to clock in and out and achieve quotas.
Instead, you reserve times that work with your schedule. That implies you may work a few hours per week and earn several thousand dollars per week if you can close enough deals.
How Much Does The Program Cost?
As of this writing, the Inside Closer program costs $97. Mike also has you covered if you’re interested in becoming a closer for a coach who sells a high-ticket product.
Mike has a personal network of online entrepreneurs with whom he may connect you. There’s probably more to it, but it doesn’t appear to be a major challenge to overcome.
What Is High-Ticket Selling?
Working as an inside closer for high-ticket products has one major advantage: you can earn a lot of money.
According to Mike’s Inside Closer webinar, most coaches with high-ticket products deliver closers averaging from 10% to 20%.
Some coaches charge $5,000 to $20,000 or more for their services. That implies you might earn $1,000 to $2,000 or more in commissions.
You can see why this is an appealing offer; most people dislike their work and desire to boost their overall income.
Talking on the phone or via Zoom for potential big commissions is not that difficult.
The Pros And Cons Of Inside Closing
I get that nothing is ever as simple as it sounds. I used to be surrounded by many salespeople when I was younger.
Sales departments with a high turnover rate only recognize and reward their top closers.
Inside closing for high-ticket items is still sales. A beginner can benefit from training and scripts, but some people are better at being closers than others.
This may not be the work for you if you are uncomfortable interacting with strangers by trying to sell them a product.
Prospects reject even the most skilled salespeople, so you’ll need thick skin for those situations.
There is no guarantee of obtaining a high-ticket client.
Although Mike appeared to cover this in his webinar, there was no guarantee that you would be able to become a closer for a high-ticket coach.
He states that he will educate you on how to be irresistible to these coaches, but I’m not sure how likely you will land a closing role if you have to compete with other possible closers.
The great news is that there are many product owners out there. As I previously stated, you can’t go on any social media platform without seeing advertisements for these courses and coaching.
Can You Trust Inside Closer?
Unlike many other products I’ve seen online, I don’t think the Mike Barron Academy or Inside Closer Program is a scam.
The Inside Closer Program offers enough training to acquire and close high-ticket clients.
Remember that there are no promises; you aren’t guaranteed high-ticket clients, and even if you are, there is no guaruntee of income.
It’s a sales role, and you must work hard to close leads to earn a commission.
The benefit of this training is that you will learn crucial sales abilities, especially for closing high-ticket items.
These abilities or skills can be helpful for future sales positions or even for selling your own items if you become a product creator yourself.
Can You Make Money With Inside Closer?
Yes, you can! Inside Closer can help salespeople earn high commissions.
There’s a lot that comes along with sales that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with sales, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Is Inside Closer Legit?
Inside Closer is legit.
But, when it comes to building a business, you have plenty of options.
And even if you’re dead set on becoming an entrepreneur, you’ve got way better options than Inside Closer.
Keep in mind that I don’t get paid to promote any of the programs we review. I personally think sales is a great business model, but you could end up leaving way too much money on the table.
Are There Any Alternatives To Inside Closer?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
Is Inside Closer A Scam?
Time for the million dollar question: is Mike Barron Closer Academy a scam?
No, it’s not a “scam,” technically speaking. You can 100% make money with it, and to be honest, if you’re already stuck trading your time for money in some 9-5, it’s not a bad gig.
The thing to keep in mind is that you are NOT creating a lasting business. You’re changing jobs. You’re not going to have the luxury of sippin’ coconuts on the beach because you will always be trading your time for money.
That doesn’t mean Mike Barron Closing Academy is bad. You just need to be realistic with what you’re buying.
If half of your day is spent twiddling your thumbs because your scheduled call didn’t pick up, you could easily have spent that time building a reliable recurring income stream.
Wouldn’t you rather spend a few hours of your free time each day to generate a $500-$2,000 check that would continue to come in month after month?
And what if you could get that first payment within a week?
And what if you could double or triple it by the end of that month?
Well, that’s what’s possible when you become a Digital Landlord.
All you need is a laptop and some internet.
Read Our In Depth Breakdown Of The Top 5 SalesOpp Courses For 2024
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 My Top Recommendation For Making Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold high-ticket coaching programs
- I’ve sold fidget spinners through Amazon FBA
- I’ve dropshipped a toilet bowl putting green on Shopify
- 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.
Time commitment: If you have an hour or two per day, you can do this. Even if you want to drop everything and commit fully, that works too.
You don’t have to be constantly working to make money. The income you generate is recurring.
Imagine taking off for a month to places like Hawaii, Paris, National Parks, & other spots people only dream about – all while collecting dozens of little $500-$2,000 checks. It’s like a dream come true.
But it’s only possible to do it when you’ve separated your income from your time.
Complete control: When you work as a salesperson, you don’t own or control a thing. You can’t even decide what type of leads you get, how many you get, or how much you get paid for them.
When you own and control Digital Rental Properties, YOU own the assets, which means YOU are in control.
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 want to double your income with high ticket sales, you would need to work double the hours or double your close rate. And I can guarantee you that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with high ticket sales is that it’s just another job.
But With the Digital Rental Method, you’re building a lasting business by 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 high ticket sales programs like Mike Barron Closer Academy, which might work out.
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.