Richer Every Day is a personal finance and smart investment training program by Mike Dillard. It teaches you how to create long-term wealth through multiple income streams. These investments include cryptocurrency, tokenized real estate, and affiliate marketing. The program offers a collection of courses that tackle various topics. You are also provided with the tools and resources. The investments taught in the program are highly risky and Mike warns that you should only invest with money that you can afford to lose.
Reviews for Richer Every Day are generally positive. Students praise the program for the value that it delivers. However, the reviews available online are for the previous version of the program. The current version that teaches crypto and other investment opportunities has yet to see any reviews.
In this article, you will discover Mike's investment recommendations, what you get with the Richer Every Day program, who is it for, and what students say about it. You will also learn all about Mike Dillard and other ways to create cash flow.
Richer Every Day Pros and Cons
Pros
Covers a variety of investing topics.
Community access.
Live weekly webinars.
Access to tools and other resources.
Cons
The investment strategies taught are highly risky.
$1 1-week trial.
The wide range of topics can be overwhelming for students.
Price
Richer Every Day costs $1 for the first 7 days, then $37/month after.
Refund Policy
30-day money-back guarantee
Origin
2020
Reputation
Mike Dillard and Richer Every Day have a very positive reputation.
How to Create Long-Term Wealth With Mike Dillard?
Mike Dillard teaches you how to create long-term wealth through 3 types of investment. These are cryptocurrency, tokenized real estate, and affiliate marketing. Each of these investments have its own advantages and challenges. Mike stresses that diversifying your investment will minimize risks of losing all your money.
Cryptocurrency investing involves buying digital currencies like Bitcoin, Ethereum, and others in the hope that their value will increase over time. Dillard often emphasizes the disruptive potential of blockchain technology, which underpins these cryptocurrencies. Investing in crypto has the potential for huge returns after a few years.
Tokenized real estate involves the division of property into digital tokens that represent a share of the underlying real estate asset. These tokens can be bought and sold on blockchain platforms. Kind of similar to real estate syndication, you own a fraction of a real estate property based on your investment. It also allows you to invest with little capital for the potential for sustainable long-term returns.
Affiliate marketing involves promoting other people’s products and earning a commission for each sale made through your referral. It’s a popular method for generating passive income online. Depending on your strategy, there is potential for to earn mid-term passive income.
What Do You Get With Richer Every Day?
Who Is Richer Every Day For?
Richer Every Day Review
Richer Every Day has received positive reviews from students. The previous versions of the program have proven popular. It has been praised for its value in teaching the psychological aspects of money management. The only student reviews available are the testimonials on the official website. Keep in mind that these are reviews for the version of the program that focused on mentality and business building.
Dr. Carlos Gonzalez, a chiropractor with 30 years of experience, speaks about transitioning from clinical practice internet marketing. He praised Mike Dillard's Richer Every Day for its exceptional training. Dr. Gonzalez also mentioned that the price was very low compared to its competition. He claims that he was able to use what he learned as a blueprint to build a successful marketing business.
Jonathan Boyd, the founder of breakthroughguitar.com, says that Mike’s Richer Every Day program improved his finances. He explains that the program took a lot of information from books, seminars, and courses and turned it into a clear plan with steps he could follow to build a steady income. Before he started using the program, Jonathan was struggling with money. His personal finance happened because of the practical and effective advice from the Richer Every Day program.
Is Richer Every Day Worth It?
Richer Every Day is worth checking out, as it has a great $1 7-day trial. You can learn some great ways to invest and create multiple long-term cash flow streams. However, keep in mind that the investment strategies taught in the program are high-risk and costly. Just as Mike warns, only invest with money that you can afford to lose.
Mike explains how investing in crypto can be highly profitable in the long run. However, most crypto investors will lose money, especially if they trade short-term. The high volatility of cryptocurrency makes it the riskiest investment.
Tokenized real estate makes it easier to invest in real estate properties. It also lowers the cost, making it easily available to anyone. However, the risks associated with real estate markets, such as market downturns and property devaluation, also apply. In addition, uncertainties in terms of legal frameworks and technical issues increase the risks.
Affiliate marketing‌ is a highly competitive investment. It’s also time heavy as you will need to do a lot of research and marketing. Running marketing campaigns can be very expensive. If you do not make enough sales, you will end up losing money. Affiliate marketing can create passive income but at additional cost and risks. By hiring a team to handle the daily processes, you can turn it into a passive income business.
Who Is Mike Dillard?
Mike Dillard is an entrepreneur known for his expertise in online marketing and business development. He is the founder of several educational platforms, including The Elevation Group, Magnetic Sponsoring, and Richer Every Day. Mike Dillard is from Austin, Texas. He has a marketing degree from Texas A&M.
The Elevation Group initially saw great success and by age 30, Mike was a millionaire living a lavish lifestyle. The company later faced challenges because of an investment scam, which led to legal troubles and substantial financial losses. Mike sold The Elevation Group in 2014 to his business partner, who soon also sold it. After recovering, he founded the hydroponics startup EverGrow. The project was discontinued because of financial constraints. In 2020, he founded Richer Every Day. Mike Dillard is estimated to have a net worth of $20+ Million.
Mike Dillard's Secret on How To Build Million-Dollar Audiences
Mike Dillard's Strategies for Audience Building
What's not mentioned in the interview: Mike did not mention how much he spent on paid ads to build an email list. Paid ads streamlines the list-building process, but it's also expensive without guaranteed returns. It may not be the best option for small business owners and entrepreneurs with limited budget.
Ideas to Create Passive Income
Passive income investments are the best tool for creating sustainable long-term wealth. There are many businesses and investments that can create passive cash flow. Some passive income ideas are digital real estate, high-dividend stocks, and REITs. Each investment has its own potential profit margin, advantages, and risks. The best passive income investment would be one that only requires an initial investment, has low competition, has high profit margins, and is scalable.
Create Sustainable Long-Term Wealth With Local Lead Generation.
Local lead generation is my recommended business investment for creating sustainable long-term wealth. You can start with an initial investment as low as $500. This will pay for the tools that you’ll need to create and rank a site on Google. Once this site is ranked, you can rent it out to local businesses. These businesses will pay you for the leads your site generates. You can earn $500 to $3,000 a month in passive income from 1 local lead generation site.
As a type of digital real estate business, you are the landlord. As the property is completely digital, there are almost no risks. Competition is also very low. You only have to worry about outranking a handful of sites in your targeted local search. Scaling a local lead generation business is as simple as repeating the rank and rent process. You can have as many sites as you want. A site can stay ranked on Google for years before even needing an update. As long as your site is ranked and generating leads, you will continue to receive monthly rent. These reasons make local lead generation the best investment to create time and financial freedom.