Mentorbox Review (2022)
MentorBox, a subscription service, has risen in popularity during the last two years.
I don’t spend a day without seeing one of their ads on YouTube, Facebook, or Instagram, and with all of the hype around their platform (not to mention the insane number of fantastic guests they feature in their advertising), I decided to check it out for myself.
I wanted to discover if MentorBox was the “Netflix of Knowledge” or if it was a shady “sales funnel” that would entrap me and slowly drain my money account.
And what I discovered astounded me…
This review will tell you everything you need to know to make an informed conclusion about whether MentorBox is worth your money (or, more importantly, your time).
I’m going over everything you need to know about MentorBox, from the sign-up procedure to the upsells to the material to the cancellation policy, so you can determine whether it’s good for you or not.
Let’s get started…
What exactly is Mentorbox?
Tai Lopez and Alex Mehr, two of the most well-known and forward-thinking online marketers alive, founded MentorBox.
The MentorBox subscription is a straightforward idea. Their team reads the best books on business, relationships, health, and success every week and distills them into bite-sized summaries that their subscribers can digest in minutes, not days or weeks. They conduct interviews with some of the world’s most well-known authors and influencers in order to extract even more wisdom and practical life guidance, and they also provide a (more expensive) membership service that includes physical copies of the books as well as additional tools and resources.
On the surface, everything appears to be fantastic.
Who wouldn’t want access to some of the world’s most transformative knowledge…in a format that allows you to “read” 3-5 volumes every week?
However, if you dig a little deeper, you’ll find that the membership isn’t quite what it’s cracked up to be.
Mentorbox’s Sign-Up Process and Pricing
Given that the company’s founders are two of the most well-known marketers in the world, it’s no wonder that the entire MentorBox experience (even after you’ve paid) is high “internet marketing.”
Their advertisements can be found all over the internet, and if you visit their website even once, you can expect to spend the next three months avoiding their retargeted campaigns on YouTube, Facebook, and Instagram.
Fake countdown timers (refresh the page and the timer restarts), over-the-top content, and other conversion tricks abound on the sales page, all designed to entice you to act quickly.
However, none of these deviates significantly from industry norms. I don’t blame them for their aggressive and over-the-top marketing practices because these are things we’ve all come to expect.
Especially when you consider how cheap they are.
MentorBox’s most basic subscription costs $7 per month or $59 per year. You get a three-day free trial and are then charged automatically (note: they do not send reminders or emails to remind you of the charge date, so if you aren’t happy with the membership, cancel within the three days).
Because the average client stays for 3-6 months (unless you completely forget that you’re paying for the subscription, which happens frequently), their yearly plan actually works out in their favor.
A 30-day money-back guarantee covers all of your purchases, which I put to the test later in this essay.
I was curious how the company could be profitable with such a modest offer, given the insane amount of revenue it invests in commercials (really, I see at least five of their ads every day).
But, after completing my first-page transaction, I learned where their true money is made.
“But Wait, There’s More!” says the Mentorbox sales funnel.
Upsells are nothing new to me. I’ve used them in my own business at various phases and like it when firms allow me to obtain even more value for my money. What would a burger be without fries and root beer, after all?
So it’s hardly surprising that your MentorBox purchase is followed by a slew of upsells…
…However, it was their lack of clarity and apparent carelessness in creating the sales page and communicating the offer that killed it.
Let’s take a closer look at MentorBox and see what more it has to offer.
“Audiobook Nuggets” is the first upsell.
MentorBox’s initial upsell is a program that contains 10-minute audio blasts covering the most critical concepts from over 100 books.
That’s great (indeed, including an audio upsell of a book or event is rather typical).
However, at $89, the price just doesn’t add up.
I couldn’t understand how the team could charge such a hefty commission for such a typical and yet insignificant upsell. You won’t get any new programs or special access to online courses, coaches, or mentors; instead, you’ll get more recordings that should have been included with the standard subscription.
But I’m getting ahead of myself.
I chose “Yes” and moved on to the next page.
Entrepreneur Academy is the second upsell.
MentorBox’s second upsell suggested was even more perplexing. Not simply because of the price difference (the “Entrepreneur Academy” is only $20, while the audio recordings cost nearly $100). Isn’t a title like that deserving of a higher price tag?
But it was only because I had no understanding of what I was being offered to begin with.
I anticipated seeing brilliant copywriting, a captivating sales film, and attractive incentives that made me foam at the mouth, given Tai and Alex’s combined decades of experience.
Instead, I was shown a low-quality 60-second sales video (which perplexed me even more), and this…
“This will transform your life,” “This is our most advanced training,” and “This is a game-changer for entrepreneurs” were among the “wandering generalities” used by the team…
However, there was little in the way of a logical message or value to be supplied.
I kept asking myself, “What is this product?”
I’m not convinced the guy in the video truly understood what he was selling. And, as far as I could tell, it was just a collection of educational movies called “Entrepreneur Academy” that had been bundled together.
But, since it was only $20 (and for the purposes of this review), I went ahead and bought it.
Then I was taken to the final upsell…
Money & Investment Club is the third upsell.
Once again, I was astounded by how badly the entire MentorBox sales funnel is constructed.
The third and final upsell I was offered was something called the “Money and Investment Club” (original, right?) and there were plenty of vague promises about how this investment would “Change my life” and how Alex wanted to “Create a movement,” but I still had no idea what I was getting or what I would get after purchasing.
However, I opted to get it anyhow since I thought the live calls would be worth the small money (despite the fact that it also looked like an aggregated pile of old videos and interviews). My expectations of the program were really low by the time I made it through their funnel.
You won’t believe what happened after I pushed “submit” on my final order…
The Problems Begin When You Try to Use MentorBox
I expected to have quick access to the course after placing my final order on the upsell page.
Instead, the page stalled and referred me to a sales CRM application (probably the same one they use).
I’m used to dealing with technical issues, so I pressed the back button and refreshed the page. But as the process progressed, I began to suspect MentorBox was more interested in collecting my credit card on a monthly subscription rather than providing a fantastic service. How could I trust them to keep the promises made inside the funnel if they can’t find out how to make a “bug-free” sales funnel?
I was irritated.
However, I heard the familiar “ding” of my new mail notice and received instructions for accessing my purchases a minute later.
I had no trouble accessing my purchase (but you must use the correct email address because their system does not verify the validity of your address), but I was annoyed to discover that I had to create a separate login for each purchase I made, rather than a single universal login for all programs purchased…
This made navigating my new “investment” difficult and time-consuming.
But I went to the login page, entered my information, and selected “Sign In.”
What would be the next step? Would I have unrivaled access to information at my disposal? Or was I assisting the founders in the purchase of a new Lamborghini and a private flight to the south of France?
How to set Mentorbox Platform
Alex and Tai have some very deep treasuries to pull from if their commercials are to be believed. Despite my hard experience with the sales funnel and onboarding procedure, I hoped for a pleasant surprise from the subscription.
It did, but not in the way I had hoped.
To begin with, the entire MentorBox experience is driven by Teachable (rather than a proprietary platform, as I had hoped), making it feel more like an online course than something unique and cutting-edge.
The books, interviews, and lessons are not organized or combined into a unified program. Instead, they’re more akin to “mini-courses,” complete with worksheets, PDFs, and short video lessons from the books’ writers (which I actually found quite unique and worth noting).
More than anything else, the amount of content (and the wide range of subjects it covers) is staggering. I didn’t know where to start. Maybe there should be a survey that asks me what I want to learn and then gives me a list of books to start with.
There are films on anything from email sequences to discovering your purpose to resistance training to leadership to Huckleberry Finn and Frankenstein (not sure how those last two will help me live a better life…) on the first page alone.
I was pleasantly impressed that the MentoBox team was able to bring that together logistically, given that many of the authors featured in the subscription don’t offer public interviews or video content.
However, after going through a couple of the lectures, I quickly discovered why so many of the aforementioned authors don’t make videos or perform live video interviews…
They were dreadful at it. Many of the video courses were nearly unwatchable, detracting from the overall quality of the book.
Furthermore, the quality of the work varies from author to author. The better the author’s videos were, the more well-known they were. The smaller they are, the more the entire “lesson” appears to have been recorded with an iPhone camera.
To make matters worse, one of the sign-up freebies, “Persuasion, Marketing, and Sales Academy,” was nowhere to be found inside the site.
I contacted assistance and realized I was speaking with a robot within seconds…who swiftly re-enrolled me in my classes (which I did not ask it to do). When I finally got a live person on the chat line, she said, “That’s what MentorBox is.” When I queried about the missing bonus program advertised on the sales page again, she said, “That’s what MentorBox is.” My attempts to gain clarification on the missing bonus program were met with silence, and the “extra” I was promised was just part of the main purchase if I understood the dialogue correctly.
So, let’s see…
At this point, I was beginning to lose faith in the program and began to believe that the entire experience would be in vain.
However, I remembered that there was a “MentorBox Mastermind Group” that I could join.
The Mentorbox Mastermind Group: It’s Not What It Seems
Given my previous experiences with MentorBox, I had little hope for the mastermind group and half expected my request to be processed in weeks.
As a result, I was taken aback when I was accepted within 24 hours (this is actually extremely impressive for such a large company).
But as I scrolled through the group, it became evident that my low expectations were far too low.
The mastermind in question isn’t a mastermind at all–that would imply that you were meeting frequently, electronically or in person, to discuss ideas with a small group of specialists headed by a leader–rather, it’s a regular Facebook group where everything goes.
After perusing for minutes, there was no engagement or material from any of the contributors. Although Tai and Alex are not participating in any of the questions or comments, this was not guaranteed. And it didn’t appear like anyone on the MentorBox team was doing anything to foster a vibrant community.
It’s largely the group discussing books they’re reading or suggestions for what to read next…
However, after spending about 20 minutes reading through the different discussions and postings, it appeared that only a few dozen people were in charge of the entire “community” of 50,000+ members.
In my own group coaching program, The Secrets of the Top 1% of Men, I interact with each participant individually, answer questions, and do everything I can to ensure they get the most out of the experience. I strive to create a genuine sense of community and camaraderie among my customers while also providing 10X the value they paid for.
Given that MentorBox is expected to have a staff of 50 or more people, I was disappointed by the lack of leadership demonstrated within the so-called mastermind.
However, ignoring the ambiguous upsells, flawed sales funnel, disjointed material curricula, unequal production quality, and absence of genuine community…
Is the real product–book summaries and video lessons–able to live up to its claims?
To be honest, the answer is…sort of.
Review of Mentorbox: The Good, the Bad, and the Ugly
At under $7 a month, it’s difficult to blame MentorBox for their poor approach to the technical elements of their service.
Even if you only read one book a month and completed the worksheet, it would be worth $7, and I don’t see how anyone could not make a profit at such a cheap price point.
So the actual issue isn’t “Is MentorBox a good investment of my money?” but rather “Is MentorBox a good investment of my time?” (To which the answer is yes), rather than “Is MentorBox a worthwhile use of my time?”
That’s when things start to get a little tangled.
I’ve read well over 500 books on a wide range of topics during the last ten years. Some of them were fantastic. Some of them were fine. Some of them were very awful.
However, after reviewing the summaries of books I’d already read, I discovered something MentorBox doesn’t want you to know…
Book summaries diminish the impact of life-changing truths and impair their delivery.
Imagine not having seen any of the iconic films such as Star Wars, The Lord of the Rings, or The Matrix and instead of seeing a five-minute recap of them. Do you honestly believe you’d be able to comprehend it? Would you be able to follow the story’s nuances? What are the unspoken lessons? Would you be interested in the characters or know what the film was about?
The same may be said for literature.
We live in a world that thrives on rapid gratification, and as “Generation Smart Phone Y” enters the workforce, it’s clear that most people expect things to happen quickly.
True value, on the other hand, cannot be supplied in 5-minute chunks. Platforms like MentorBox dilute the life-changing messages of the books they summarize since growth and transformation are not instantaneous processes.
The author’s storytelling, time engaged in reading, and complexities supplied by the author were all factors in the biggest epiphanies I’ve ever had from reading great novels.
Anyone can give you platitudes and cliches to help you live a better life.
However, it takes time to properly internalize and comprehend life-changing truths.
For example, Jared Diamond’s Pulitzer Prize-winning book Guns, Germs, and Steel has been hailed as one of the most important books on the political and economic growth of our time, providing amazing insight into why the world is as it is now.
Despite this, Mentorbox’s summary of the book only gives buyers a 15-minute cursory look at the consequences of Diamond’s writing.
You don’t have the whole picture. And such a skewed view of the book won’t provide you with the life-changing insights that reading the complete book would provide.
MentorBox’s platform has an even worse flaw: it provides little in the way of guidance. They inundate you with information and encourage indiscriminate consumption… However, the lessons aren’t set up in such a way that you can actually improve on a specific aspect of your life.
Instead, you’ll be attracted to ingesting a lot of information but never moving forward with putting what you’ve learned into practice. And, as the old adage goes, “knowledge is only useful when it’s put to use.”
Overall, MentorBox’s offer sounds wonderful in theory, but the approach isn’t suitable for long-term growth and change.
What about the upsells, though? Is the excitement surrounding the “Entrepreneur Academy,” “Investment and Money Club,” and audiobook nuggets justified?
Mentorbox Upsell #1 Audiobook Nuggets
Despite the program’s expensive price tag, the great quality of the audiobook nuggets very pleasantly surprised me.
Johnathon Kendall does a fantastic job describing the lectures, and his zeal for the knowledge he’s imparting is contagious. I think John would make an outstanding podcast host because the recordings are fun and engaging.
It seemed a little perplexing that this was included as an upsell. MentorBox’s entire premise, I thought, was book summaries? In actuality, the upsell on each book was more like “John’s Take,” which was cool… However, it appeared to be something that should have been included in the product itself, rather than an $89 upsell.
Mentor Box Upsell #2: Review of the “Entrepreneurs Academy”
My optimism for the Entrepreneurs Academy was revived after my positive experience with the audiobook nuggets.
When I really started going through the training, though, the glimmer of hope faded swiftly.
The production quality of the videos in the academy was variable, just as the primary product. And the videos’ real material was nearly meaningless. Experts and the MentorBox leadership team provided only the most basic information.
Far from being the “game-changer”, it claimed to be, the curriculum turned out to be little more than a haphazard collection of basic business lectures available for free on YouTube.
Don’t get me wrong: there are some great concepts in here, as well as a few smart lessons and interviews. However, the 1-2 golden nuggets you might uncover in the videos aren’t worth the 20-30 minutes it will take you to watch them all.
For example, Samir Chibane’s “Dropshipping” course will provide you a general overview of what drop shipping is (identifying drastically discounted things and then reselling them at a profit from your own platform), as well as the different ways you may use to make it work…
However, it does not provide you with a proven system for making drop shipping work for you, nor does it provide you with any tactical plans other than “Create Facebook Ads” and “Use These Plugins” (with which the company is likely affiliated).]
The information is fairly basic, which may be just what some folks require. However, there is no clear strategy or plan in place to assist you in establishing a single business. Instead, you’ll learn about “Entrepreneurship 101” and a few basic company models.
Again, for only $20, you won’t be squandering your money if you read it all. However, the actual issue is that the program may not be the most efficient use of your time.
You may get the same information faster and simpler by listening to an audio interview with any of the “Entrepreneurship Academy” specialists.
You can benefit from the course if you’re just starting out in the company and aren’t familiar with terminology like “drop shipping,” “purchasing media,” or “networking.” However, if you’ve read a few business books in your life and can find this information on YouTube, the time you invest will be in vain.
(Mentorbox Upsell #3) Money and Investment Club Review
The “Money and Investment Club” is essentially the same thing.
Despite the fact that the course covers topics such as:
- Investing as an angel
- Repairing Your Credit Score
- Investing in stocks
The 20-60 minute expert interviews offer no tactical insights or useful information. It’s only a quick overview that you can get for free. There are a few investing nuggets here and there, but the amount of irrelevant information you have to comb through to locate them makes the program hardly worth your time.
For example, the “Crypto 101” course is little more than a 16-minute video that explains what cryptocurrencies are and how they work in the most basic and rudimentary of terms.
I’ve previously invested in cryptocurrency (and made a profit of around $13,000 during the 2017 surge). And I can tell you from personal experience that cryptocurrencies are anything from easy. It takes several hours to understand how to acquire a cryptocurrency… and determining which “alternative coins” are worth your money, which is scams, and putting together a logical investment strategy? That, on the other hand, will take years of inquiry and analysis (and something that even the savviest investors still struggle to do).
MentorBox isn’t going to teach you anything you couldn’t discover from a simple Google search, and you can obtain much clearer and more strategic insights from other experts in the same amount of time it takes you to read through their curriculum.
Review of the Mentorbox Physical Box
I’m going, to be honest with you.
The MentorBox “physical box” is a waste of money.
At $139 per month for two books and a few “trinkets” like fridge magnets, bookmarks, and a USB drive loaded with content you already own, this is one of the few cases where money, not time, is the deciding factor.
You could get the hardcover and audio editions of the identical books on Amazon for $139…
You still have enough money to splurge on a great meal.
To make matters worse, you have no say in which books or “goodies” are included in your box. It’d be the equivalent of Netflix costing you $140 per month and sending you two random DVDs that you may or may not choose to watch.
If you’re going to join MentorBox, stick to the $7/month subscription and you’ll have access to everything online.
Mentorbox’s 30-day no-questions-asked cancellation policy valid?
I chose to request a refund of my purchase after my brief experience with MentorBox, both because I didn’t think it to be a worthwhile use of my time and because I wanted to put their 30-day “Cancel Anytime” promise to the test.
According to prior evaluations, MentorBox’s customer service is abysmal, with many dissatisfied customers claiming that they never received a refund or were unable to cancel their subscriptions at all.
More than likely, the customer service issues were only “growing pains” (which should be expected with any new firm scaling quickly), and my own experience with MentorBox’s customer support team was wonderfully surprising.
I was told to “wait a few moments while I check on that for you” after submitting my refund request, and to my surprise, I received a rapid answer stating that my account had been canceled and the money had been restored to my account.
Customer service at mentorbox
I had no problems canceling my account or getting my money back, and their “Cancel Anytime” policy is legitimate and straightforward in my experience (they didn’t even try to persuade me to stay…which surprised me).
Should You Become a MentorBox Member?
Investing in MentorBox for $7 a month is not a serious decision. It’s not going to be a loser for you.
This is the genuine question you should be asking yourself:
“Do I have the time to sift through the program for useful material, and will I truly apply what I learn to better my life?”
The majority of you reading this will say “no.”
Personally, I think Mentorbox could play a long-term role in your development if you utilize the membership as a type of “screening” service, using the summaries to determine whether or not I’m interested in a book enough to purchase it online. This could also be done using Amazon reviews, but it’s only $7 and could spare you from purchasing a book that you won’t enjoy reading.
If the firm is to survive the test of time, the brand’s leaders must focus on higher-quality material, a consistent curriculum, a better onboarding experience, and effective branding throughout the course and platform. They need to change their business model from maximizing conversion rates at all costs to thinking like Netflix and spending extensively on the service they provide to their clients.
In my perspective, Tai and Alex are still determining whether or not they have a viable product before committing serious time or effort into the firm (which seems odd given that, based on the size of the Facebook group, they should be making more than $300,000 per month with more than 50,000 clients).
They need to reevaluate their goals and focus on being a real company with a mission that customers want to be a part of for the long term, rather than becoming an “internet marketing” company focused primarily on marketing and client acquisition. As a result, consumers see Mentorbox as an important tool in their personal and professional development as leaders.
Alex and Tai, with their combined influence and resources, have the potential to revolutionize self-education and provide a beneficial service to those in need. However, their current concentration appears to be solely on ensuring that their ads convert profitably and optimizing sales funnels.
The company has a lot of potentials if they are willing to adapt their business approach.
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Mentorbox Review (2022) is Tai Lopez and Alex Mehr Product Worth it?
To sum up, I don’t recommend MentorBox.
There have been complaints that they overcharge customers and ignore cancellation emails, alleging that they defraud them.
Considering that half of the criticisms I read were accurate, I strongly advise you to avoid MentorBox.
It’s possible to test out MentorBox for free for three days so that you can see for yourself how it works.