My Freedom University is an educational platform by Emmaus and Nikki Ferdinand where you can learn 9 different methods of making money. Each of the programs is meant to teach you how to make at least $9,000 in 90 days. My Freedom University was created to give millennials a way out of the 9-5 grind. The methods Emmaus teaches both online and physical business models that range from low cost, quick profit to high cost, long-term models. These methods can be automated by hiring employees or freelancers.
My Freedom University covers event ticket sales, storage auctions, ecommerce, car buy and sales, network marketing, Airbnb, real estate wholesaling, information selling, and social media branding. This review will cover the pros and cons of each business model and will compare it to our #1 recommendation, which is local lead generation, a business that can create passive income completely online.
Emmaus Ferdinand’s My Freedom University Review: Pros and Cons
Pros
9 different methods of making money online. You can learn all 9 or select which one is best for you.
Affiliate program with 10% commission rate.
Cons
There are more focus and specialized mentorships out there for the most popular business models.
Some of the money making methods taught are not 100% online businesses and require you to be physically on location.
Short refund policy.
Price
My Freedom University's ecommerce and Airbnb courses costs $1997 each. Group coaching is available for $4,997 with access to both courses. $997 for the Wholesaler University. $100 for 30 minutes of business consultation call.
Refund Policy
24 hour refund policy as long as course or consultation is not started.
Origin
2019
Reputation
No negative reviews found, but be aware that there is an affiliate program available that can affect reviews.
The course is not worth the price imo for information that you can mostly find online. I didn’t take the coaching so can’t say if it’s worth it.
Can Emmaus Ferdinand's 9 Ways Make You $9,000 in 90 Days?
The courses offered at My Freedom University are the methods that Emmaus himself used to make money throughout the years. Emmaus claims that each of the following methods can make you $9,000 profit in 90 days.
- Event ticket reselling
- Storage auctions
- Ecommerce
- Buying and selling cars
- Network marketing
- Airbnb
- Real estate wholesaling
- Selling information
- Social media branding
Each of these methods have their pros and cons. Methods like ticket reselling, ecommerce, automobile buy and sell, real estate wholesaling, and Airbnb arbitrage require a substantial investment. The storage auction and buy and sell car methods require you to be physically present to operate. The claim that all these methods can make you $9,000 profit in days is unlikely. Methods like ecommerce and social media branding generally take a long time to be profitable.
Who Is Emmaus Ferdinand’s My Freedom University Review For?
- Millennials who break the “millennial curse” by earning money online through various ways. This is great for those looking to supplement their income or replace their 9-5.
- Those who are currently earning through one of the 9 methods but want coaching on how to improve and increase their income. Each course is mentored by an expert in their field.
What Do You Get With Emmaus Ferdinand’s My Freedom University?
My Freedom University comes with 9 standalone courses. Aside from the ecommerce, Airbnb, and real estate wholesaling course, these courses are free and have paid coaching options. The free courses teach you how to earn $9,000 in 90 days, and are included in Emmaus's book.
1. Event Ticket Sales
My Freedom University Event Ticket Sales course is a free lesson that teaches you how to make a business reselling “scalping” event tickets online. Keep in mind this might be illegal in some places, but is mostly legal in the United States. To reach the goal of making $9,000 in 90 days, you need to sell 15 to 20 tickets a month with a profit margin of $150 to $250 per ticket.
You need to invest $300 to $3,000 when reselling event tickets. How much will depend on the quantity and price of the tickets. It could take 4 to 6 months from purchase before your investment is returned, so it is recommended you use a 0% interest promotional credit card with no finance charges for 12 to 18 months. Reselling tickets is completely done online and you can even keep some tickets for yourself.
Do you research - know the artist, venue, seating, etc. Subscribe to event and venue specific newsletters. Check the following sites for updates:
- TicketMaster.com
- LiveNation.com
- SongKick.com
- PollStar.com
- TicketCity.com
- MSG.com
- JamBase.com
Use credit with American Express, Citibank, and other premium Credit Card companies as they often have access to presale concert tickets. For multiple day events, aim for the first day. Avoid VIP tickets and packages as people usually only look for tickets with VIP tickets having a tiny market. Focus on cities with big events like NYC, LA, DC, Chicago, etc. Buy your tickets from the following sites:
- TicketMaster.com
- eTix.com
- TicketsNow.com
- VividSeats.com
- SeatGeek.com
Sell your tickets on:
- StubHub.com
- VividSeats.com
- Ticketmaster.com - resalle section
- SeatGeek.com
- Lyte.com
- TicketSwap.com
- TickPick.com
- ViaGogo.com
- TicketNetwork.com
- TicketCity.com
- TicketLiquidator.com
- TicketSnow.com
- Scorebig.TicketToCash.com
List your tickets at double the price. It will be in demand if the event sells out or if the seats are good. Lower your price at $100 a day in the last week as to at least break even.
2. Storage Auction
My Freedom University Storage Auction course is a free lesson that teaches you how to make a business reselling used goods acquired from auctioned delinquent storage units. Laws differ per state, but it could take 30-90 days for an abandoned unit to be repossessed and put on auction. Profits per unit can average $500 to $750, which means you need to profit from an average of 12-18 storage units in 90 days to reach the $9,000 goal.
You need to invest $50 to $300 in storage auctions. It is recommended not to go over this when you are just starting out and have no experience. You are given a few minutes to view the contents from the outside. Determine the value based on what you can see to know how much you should bid.
There are big companies like Public Storage, Extra Space Storage, Compass Self Storage, Uhaul Storage, Meier’s Self Storage, U-Stor-It Self Storage and many smaller local ones. You can find listings on the following sites:
- AuctionZip.com/storage
- SelfStorageAuction.com
- CubeSmart.com/storage-auctions
- StorageUnitAuctionlist.com
Once you win a bid, you have 24-48 hours to clear the contents of the unit. After you've sorted out what has value in the storage items, you can start listing them out for sale. Sell items by renting a table at community flea markets, or on online sites like eBay and Craigslist, or at antique stores and resell shops.
3. Ecommerce
My Freedom University Ecommerce course is a paid program that teaches you how to build a 7-figure Amazon private label store. The course is taught by Emmaus Ferdinand who himself is a successful ecommerce store owner. You will learn how to make $100 a day and more.
You need to invest $1,000 to $15,000 in a private label ecommerce business. This estimate is for 1 product line. The cost of initial investment will depend on your product type, production cost, profit margin, etc.
The ecommerce program has an own-paced group coaching that comes with weekly group meetings for Q&A, progress updates, and evaluations. It also comes with the 7-figure Airbnb digital course, free access to their private Facebook group, and once a month Q&A for a year.
4. Car Buy and Sell
My Freedom University Car Buy and Sell course is a free lesson on how to create an automobile buy and sell business. The course is taught by buy and sell car expert and founder of Exotic Car Hacks, Pejman Ghadimi. You can make $1,000 to $2,000 profit per transaction. To hit the target of $9,000 in 90 days, you need to sell 2-3 cars a month. This business model is not completely online and you need to physically inspect, buy, and sell the cars.
You need to invest $3,000 to $10,000 in a car buy and sell business. Keep in mind that if you plan to do more than a few deals, you may need to apply for a dealer’s license. Buying and selling cars is a paperwork heavy business and regulations vary from state to state.
Check your state’s regulations. You can buy and sell cars as an individual, but you should get a dealer license if you plan to do this long term. You can check car price estimates at:
- Kelley Blue Book (kbb.com)
- Edmunds.com
- National Auto Dealers Assn. (Nada.com)
- Craigslist.com
You can buy and sell cars on these websites:
- Craigslist.com
- Cars.com
- Carmax.com
- AutoTrader.com
- Peddle.com
- CarGurus.com
- Vroom.com
- AutoTempest.com
- eBay.com/motors
- Carvana.com
- Autodealerswholesale.net
There is a specific time that a tag and plate have to be titled and permanently registered. Tag and title work can add additional side service to your business. The transfer can take several months.
5. Network Marketing
My Freedom University Network Marketing course is a free lesson on how to make money by joining a multi-level marketing program (MLM). The course is taught by Emmaus and Nikki Ferdinand. Keep in mind that MLMs have been a controversial business model because of the large scams that have gained headlines, so be sure to do thorough research before jumping into one.
You need to invest $100 to $1,500 in a network marketing program. The price varies depending on the program and what’s included in the sign up packages. The more items you buy, the less cost per item.
Find a network marketing program online. Do your research on the company and the products to see if they're legit and doing well. There is an MLM program for almost every product, from telecom to travel. You can earn commissions from selling products or by recruiting others into your network.
6. Airbnb
My Freedom University Airbnb course is a paid program that teaches you how to do Airbnb arbitrage. Nikki Ferdinand teaches you the step-by-step process of creating an Airbnb business while owning no property. The program offers a unique tuition reimbursement policy where you will be refunded 100% of the course price if you can have a new listing on Airbnb with 10 booked nights within 90 days.
You need $5,000 to $10,000 to invest in an Airbnb arbitrage business. This is the minimum which will cover your first month’s rent, deposit, furnishing, and other necessary purchases.
The Airbnb program has an own-paced group coaching that comes with weekly group meetings for Q&A, progress updates, and evaluations. It also comes with the 7-figure ecommerce digital course, free access to their private Facebook group, and once a month Q&A for a year.
7. Real Estate Wholesaling
My Freedom University real estate wholesaling course is a free lesson on how to create a real estate wholesaling business from scratch. The course is taught by wholesaling expert Edward Hayes. You will learn how to make $5,000 to $10,000 per month by wholesaling 2+ properties a month.
You need to invest $3,000 to $30,000 in a real estate wholesaling business. The investment is needed as an “earnest money” deposit. A seller would typically charge 1% to 2% of the total price as an earnest money deposit. In hot markets, the earnest money deposit could be 5% to 10%. This is a negotiable price and you can talk to the seller to charge you as low as a few hundred in earnest money deposit or even to remove it all together.
8. Selling Information
My Freedom University selling information course is a free lesson on how to sell a book, a course, a webinar, or offer mentorship and training. This can easily be the cheapest business to launch and can be done completely online. It can cost you virtually nothing to a few hundred dollars and take a few days to a few months to set up.
You can sell the same information in many forms. Freedom University is an example of information selling. Emmaus sells a book on 9 ways to make money, a course teaching the same information, and offers mentorship for those who want to learn more. You can sell your book on Amazon KDP, your course on Udemy.com, and offer tutoring on Tutor.com.
All you need to start selling information is a useful skill or expertise that you can market and sell. Many of the tools you need are online with many free ones available. Make sure you copyright the books and courses you create and that they do offer value to avoid legal issues.
How much you earn will depend on your product or service and pricing. For example, if you sell a course for $100, you need 90 students to make $9,000. You can also do monthly subscriptions for coaching or mentorship.
9. Social Media Branding
My Freedom University social media branding course is a free lesson on how to create an influencer marketing business. It is free to start this business model, as all you need is a phone. However, the time to monetize it can be very long. You also need to invest a lot of time to grow your social media brand.
All you need to start your social media branding business is a phone and an internet connection. You need a niche that you are passionate about and a platform on which to create your account. Then you need to constantly post social proof in order to grow your following. For example, a physical fitness Instagram account where you constantly post updates on your progression and promote the products you use, such as supplements or gyms. When you have a large enough following, you can start charging for promotions and negotiating brand deals.
How much you earn with social media branding will depend on the opportunities of your niche and your connections. Growing a substantial following can take a very long time, from a few months to a few years. Considering you don’t have to spend anything, it is a great way to make extra income if you have a lot of spare time.
Who Is Emmaus Ferdinand?
Emmaus Ferdinand is a serial entrepreneur from Baltimore, Maryland. He is the founder of Freedom University, owns 4 successful businesses, and the author of the book: “Melt The Ice: A Millennial’s Guide: 9 Ways to Earn $9K in 90 Days.” Born in Brooklyn, NY to first generation American parents, Emmaus grew up in a humble neighborhood. Moving to Maryland for college, Emmaus earned a bachelor in business administration from Morgan State University.
In 2008, Emmaus founded his first business, E and K Financial, which provides management services for single and multifamily properties in Baltimore City, Maryland. Emmaus also opened E-N-Kay Auto in 2019, which bought and sold used cars. In 2012, he was an academic advisor at the Earl G. Graves School of Business & Management at Morgan State University. He opened his Ecommerce business, Silent Venus. in 2013. And finally, Emmaus founded Freedom University in 2019.
Who Is Nicole Ferdinand?
Nicole “Nikki” Ferdinand is a serial entrepreneur and co-founder of My Freedom University from Baltimore, Maryland. Beginning in 2013, she currently invests in the real estate, car sales, beauty, and network marketing industries. She is the coach of the Freedom University Airbnb mentorship. Nikki and Emmaus married in 2020.
Conclusion: Is My Freedom Academy Worth It?
My Freedom Academy is worth it in my opinion. The free courses are definitely worth your time, as they can be useful in creating extra cash flow. The paid courses teach you everything you need, but I would suggest other more specialized programs if you are looking for in-depth training or mentorship. It would be better if you focus on one business model first and build it to success before trying on another.
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