K Money Mastery Review – Is it Still Relevant in 2017 (And Beyond)?
K Money Mastery 2.0 is one of the flagship Kindle courses on the market. Today I'm going to be giving you my honest opinion, according to my experience with the video course.
Having been released 4 plus years ago, someone who's interested in Kindle Publishing is right in doing their due diligence for K Money Mastery 2.0. This post will tell you everything you need to know about KMM.
K Money Mastery Review Video
If you're on the fence about K Money Mastery 2.0, then watch my review video below
K Money Mastery 2.0 Verdict
"Tell me what you really think John..."
K Money Mastery 2.0 teaches you how to be a good Kindle Publisher. The basics and some advanced concepts are covered (advanced lesson only accessible with monthly subscription upsell).
Elaborating, this course falls short when it comes down to giving you a step-by-step approach to finding profitable keywords (aka books). Which, by the way, is one of the keys to being successful in this business!
The absence of lessons where Stefan teaches you whether or not a keyword is worth publishing in put K Money Mastery members at a disadvantage. I would know, I was a member for a while.
Stefan's student's go through a lot of trial and error before they figure out how to truly be successful in this business. And as a result, they're a at best good publishers.
A con about this course, is that you have to pay for a monthly, $47-67 a month ($47 if you take the upsell) to unlock the Advanced Lessons.
To put this into perspective, if you want to learn how to start publishing print on demand books, via Createspace, or audio-books, via ACX, you have to pay a monthly fee.
It's worth mentioning that you make most of your money from Createspace then you do from Kindle Direct Publishing (KDP).
Even with the Full Disclosure membership (advanced lessons access), Kindle Money Mastery 2.0 falls short on a key point with Createspace and ACX.
There is no price strategy advice for paperback books. Stefan even mentions that you shouldn't publish paperback books until your Kindle books are selling well, which is absurd (if you're doing things the right way).
With ACX , K Money Mastery 2.0 Full Disclosure members have access to an outsourcing company that will produced your audio-books for a handsome fee.
There's no explanation of the other options you have, like the free option of producing audio-books, or hiring freelancers to produce your audio-books for a better price. Why doesn't the course mention this?
I can't say with 100% certainty, but my opinion is Stefan's most likely affiliate with the outsourcing company he refers his members to.
Who Fits the Bill for Kindle Money Mastery 2.0?
I found KMM 2.0 like most people did, through Stefan's YouTube channel and blog. I imagine that most people who buy this course are fans.
This course is a great fit for people who are truly fans of Stefan the Project Life Mastery brand.
I don't doubt Stefan is a good guy who's made money with Kindle Publishing in the past. If you like his teaching style and conveying information then I say go for it and check out his course! Just be aware that a better course came along 🙂
Like I said, I started with K Money Mastery 2.0.
I no longer recommend K Money Mastery as a go-to course frankly because I found better courses in the Kindle Publishing market. It's just the way of the world, better products come around. I'm thankful for KMM because it introduced me to the world of Kindle Publishing.
What do you think about K Money Mastery? Have anything to share? Let me know in the comments below!