Filiz Miftari’s Online Wealth Academy Review – Make $5 to $10K a Month With Master Resell Rights?

September 10, 2024

Online Wealth Academy is a digital marketing community focused on teaching individuals how to make money online using Master Resell Rights (MRR) by Filiz Miftari. The course guides you step by step, even if you have no prior knowledge, allowing you to earn income by selling digital products from the academy. These products include Instagram reels, guides, social media planners, and eBooks. Once you purchase the course, you fully own it, enabling you to sell immediately and keep all the profits. Additionally, Filiz offers guidance on creating your own digital course for further income opportunities.

Online Wealth Academy reviews online are limited. There are only a few screenshots available on its website. The community is still relatively new, having started earlier this year, which may explain its low online visibility. The course is primarily offered in German, which has attracted many members from Germany. However, Filiz has also made a U.S. version available to reach a broader audience.

This review of Online Wealth Academy will cover the key aspects of the community and the course, including its pros and cons, what's included, and testimonials from members. We will also examine the business model, how it operates, and its legitimacy. In conclusion, we will suggest an alternative business model that can generate a monthly passive income ranging from $500 to $3,000.

Online Wealth Academy Pros And Cons

Pros

Online Wealth Academy provides digital products you can sell in addition to the OWA course itself.

Online Wealth Academy teaches various skills beyond Master Resell Rights, including affiliate marketing, email marketing, and business automation.

Online Wealth Academy offers versions tailored for the U.S., Germany, and Turkey.

Cons

Filiz Miftari does not mention live calls for personal guidance.

The Online Wealth Academy is a self-paced course, which may be overwhelming if you prefer personalized support.

The one-time fee for Online Wealth Academy may be expensive for those on a tight budget. It costs over $600.

Price

Online Wealth Academy costs €597 or $667.

Refund Policy

Online Wealth Academy does not mention a refund policy.

Origin

Online Wealth Academy began in January 2024 on Skool.

Member Size

Online Wealth Academy has 5.2K community members.

Reputation

Online Wealth Academy is ranked 17th among all paid business communities on Skool.

September 10, 2024

So, I recently wrapped up the Online Wealth Academy course, and I’ve got some thoughts to share.

Let’s get the not-so-great stuff out of the way first. If you’re the type who needs a lot of hand-holding, this might not be your jam. There’s no mention of live calls with Filiz, so you’re pretty much on your own. It’s all self-paced, which is cool if you’re self-motivated, but can be a bit overwhelming if you’re not.

And let’s talk money – this course isn’t exactly pocket change. We’re looking at over 600 bucks, which is a pretty big ask if you’re on a tight budget. That’s a lot of ramen noodles, you know what I mean?

But it’s not all doom and gloom! There’s some pretty cool stuff in this course too. For starters, you get a bunch of digital products you can turn around and sell. It’s like they’re giving you inventory to kickstart your business, which is pretty sweet.

Eric from TR

2.0
2.0 out of 5 stars (based on 1 review)

How Does Online Wealth Academy Helps You Make $5 to $10K a Month With Master Resell Rights (MRR)?

Online Wealth Academy helps you earn $5,000 to $10,000 a month with Master Resell Rights (MRR) by providing you with ample tools and modules to master the business model. For a one-time fee of $667, you get lifetime access to over 50 easy-to-follow modules. The course shows you how to find, customize, and sell MRR products, which are digital items you can resell and keep all the profits. You learn to set up automated sales funnels, use email marketing, and create your own digital products to boost your income.

The academy focuses on building a sustainable online business with MRR products as a foundation. You'll learn how to brand and market these products to stand out in the market. The course also covers how to use social media and blogging to attract customers. With the included "IG Reels Guide" and "Social Media Digital Planner," you can start selling right away. Additionally, OWA also grants you the rights to sell it at the same price. By doing some math, you need 10 customers to avail of OWA to reach at least $5,000 per month. The community support ensures you have help whenever you need it, making it easier to reach your income goals with MRR products.

What Can You Get From Online Wealth Academy?

You can get access to a beginner-friendly automation course with over 50 easy-to-follow modules from Online Wealth Academy. Once you purchase the course, you gain lifetime access, including updates and community support, with no recurring fees. As a bonus, you receive a free "IG Reels Guide" and "Social Media Digital Planner" eBook, allowing you to sell your first digital products for 100% profit.

In addition to the course content, Online Wealth Academy also provides valuable resources to help you build and grow your online business. The community support ensures you are never alone on your journey. It offers guidance and assistance when needed.

  • Business Foundations: This module teaches you the basics of being a successful entrepreneur. You'll learn how to set up your business systems and products to ensure long-term growth and success.
  • Creating Sales Funnels: You'll learn how to create simple sales funnels that help you sell digital products. These strategies can also be used to launch new businesses or improve existing ones.
  • Email Marketing: This module shows you how to create email campaigns that catch people's attention and encourage them to buy. You'll learn how to design, personalize, automate, and analyze your emails for the best results.
  • Business Automation: Here, you'll discover how to automate your business operations. This means setting up systems that run on their own, helping your business make more sales with less manual effort.
  • Affiliate Marketing: This module teaches you how to earn extra income by promoting other people's products (affiliate marketing). You'll learn how to turn this into a steady stream of passive income.
  • Branding Momentum: This section teaches you how to build a strong personal brand and reputation. This module helps you develop a branding strategy that works across different platforms and channels.
  • Blogging for Success: In this section, you'll learn how to create blog posts that are interesting and perform well on search engines. This helps drive more visitors to your website or page.
  • Create Your Own Digital Products: This module guides you on how to create your own digital products, like eBooks or guides, and sell them on social media.
    Content Strategy: This module teaches you how to market your business or products effectively on social media. You'll define your target audience and create content that leads to more sales.

Who Is Online Wealth Academy for?

Online Wealth Academy is for individuals who want to build and grow their online businesses effectively. It’s ideal for aspiring entrepreneurs, digital marketers, and business owners looking to strengthen their online presence. The course provides practical tools and strategies to help you set up a successful business, create sales funnels, and market your products effectively.

This course is also great for those who want to automate their business operations and generate passive income. It offers clear guidance on how to streamline your processes, create and sell digital products, and use affiliate marketing to boost your earnings. If you’re a content creator or blogger, you’ll find valuable insights on how to create and market content that attracts and retains customers. 

Are The Students of Online Wealth Academy Getting Results?

Yes, the students of Online Wealth Academy are getting results based on the sneak peaks of success stories from their community. One member of Online Wealth Academy quickly earned €32,000, showing that financial success isn't limited to a traditional 9-5 job. Another member, after reaching €5,000, went on to earn an additional €15,770.98 in just 9 days. Her success even inspired her husband to join the program. These stories illustrate how Online Wealth Academy can empower anyone to achieve life-changing financial results.

Meryem Karapinar shared her success, earning €3,000 in just 7 weeks and gaining half a million views on her reel. She expressed deep gratitude to Filiz, acknowledging that without her guidance, she would never have discovered this platform. However, despite all the impressive screenshots, success on this platform heavily depends on the size and engagement of your online following. It also requires continuous effort in updating your content and acting as a middleman to address any customer questions by contacting the course owner.

Is Online Wealth Academy Worth It?

Online Wealth Academy could be worth the investment if you have a significant online following and are ready to capitalize on the benefits of Master Resell Rights (MRR). OWA to let you sell digital products immediately after completing the training. Also, you receive digital products like the IG Reels Guide and Social Media Digital Planner, which you can sell for a 100% profit. These resources can provide a quick return on investment if you have an established audience to market to. The ability to generate income right away makes Online Wealth Academy particularly appealing for those who are already active in the digital space.

However, Online Wealth Academy may not be suitable for everyone. The course has a one-time fee of €597, or about $660, and does not offer a refund policy. It can be a significant financial commitment, especially if you're on a tight budget. The course is also self-paced, which may pose challenges for beginners who require more personalized support or guidance.

Additionally, success in this program heavily depends on having a large and engaged online audience. According to Buffer, accounts with 5,000-6,000 followers are more likely to achieve a higher return on investment, as brands specifically seek influencers with this level of reach. Without a substantial following, it may be difficult to see a strong return on your investment, making the course less beneficial for those just starting out in digital marketing.

Who Is Filiz Miftari?

Filiz Miftari is an entrepreneur and digital marketing expert with a passion for helping women achieve financial independence online. As a mother, she understands the importance of balancing time and money freedom, and she believes that through digital products and automation, it's possible to earn more while spending time with loved ones. Filiz's journey into digital marketing began after experiencing burnout from overwork and stress. She started from scratch, taking courses to learn digital marketing, and within six months, she transformed her life, earning significant income through digital products.

Filiz is also active in the online community, particularly on Skool, where she joined on January 27, 2024. She has made over 1,000 contributions and gained 5.4K followers, showcasing her commitment to sharing knowledge and supporting others. Filiz emphasizes the potential of digital products to create passive income across any niche or industry, highlighting that once you create a product, you can sell it repeatedly with minimal overhead for 100% profit.

Is Master Resell Rights Works Like Affiliate Marketing?

Master Resell Rights (MRR) works like affiliate marketing because it both involves selling products for profit, but they differ significantly in ownership and control. With MRR, you own the rights to a product, allowing you to sell it as your own and keep 100% of the profits. You have full control over pricing, marketing, and the sales process, which gives you greater earning potential but also more responsibility. According to Monetized Future, MRR allows you to keep 100% of the profits from sales, as you purchase the rights to resell the product. However, it requires an upfront payment to acquire resell rights, which can vary based on the product's value.

In contrast, affiliate marketing involves promoting someone else’s product in exchange for a commission on each sale. You don’t own the product, so your earnings are limited to the commission percentage, and you have less control over the sales process. Affiliate marketing is easier to start but offers less control and lower profit margins compared to MRR. Monetized Future states that digital products in affiliate marketing offer higher commission rates (30%-50%+), while physical products range from 4%-15%. This makes affiliate marketing ideal for beginners because of its simplicity, low startup costs, and potential for passive income.

Is Master Resell Rights Legit?

Yes, Master Resell Rights (MRR) is legit that allows you to acquire the right to resell a product and keep 100% of the profits. The key to its legitimacy lies in the terms of the MRR agreement, which should clearly state that you have the rights to resell the product. According to That Company, MRR products can include online courses, software, website templates, logos, stock images, audio files, music, and WordPress plugins.

However, like any business model, the legitimacy of MRR also depends on the quality of the product you're selling and how you conduct your business. Selling high-quality products and adhering to ethical marketing practices will help you succeed and maintain a positive reputation in the MRR space. That Company also highlights that combining MRR products with white label services can augment brand value and cater to diverse customer needs. Additionally, consulting an intellectual property lawyer is recommended to navigate copyright laws and international regulations effectively.

What Are the Negatives of Master Resell Rights?

  • Limited Upselling: Without unique, complementary products or services, it's hard to increase customer lifetime value, a key factor in long-term profitability. According to That Company, utilizing MRR products eliminates the need for product development costs, significantly reducing initial investment and operational expenses. However, this also means that the products are not unique, making it difficult to differentiate your offerings and create effective upselling opportunities.
  • Legal and Ethical Risks: There's always a risk that the original creator of the MRR product may not have properly secured the rights to the content they're selling. If you unknowingly sell copyrighted or unauthorized material, you could face legal repercussions, which can be costly and damage your business's reputation. That Company highlights the importance of thoroughly reviewing MRR license agreements to understand restrictions on customization, usage, and resale pricing to avoid legal pitfalls.
  • No Brand Loyalty: Since MRR products are widely available and not unique to your brand, customers are less likely to develop loyalty to your business. This makes it harder to build a consistent customer base, which is crucial for long-term success. According to That Company, combining MRR products with white label services can enhance market presence and customer loyalty by offering a broader range of customized solutions under your brand.
  • Limited Profit Margins: Because of the competitive nature of MRR markets, profit margins tend to be thin. This makes it difficult to reinvest in growth, develop new products, or scale your business effectively over time. That Company states that MRR products can offer profit margins as high as 100%, allowing resellers to keep all the revenue from sales. However, the competitive market can still pressure prices and margins.

Conclusion: Why Local Lead Generation Is Far Better Than Leveraging Master Resell Rights?

Local lead generation is better than leveraging Master Resell Rights because it offers long-term passive income, greater control over your digital assets, and less ongoing effort to maintain and scale your business. With local lead generation, you own and control your digital assets, such as websites, phone numbers, and map listings. This ownership gives you long-term stability because clients are more likely to stay with you, knowing you control the sources of their leads. Unlike MRR, where you’re selling someone else’s products, local lead generation allows you to build something that is truly yours. This control ensures consistent, reliable income, as you can rent out these assets to businesses, and even switch clients if necessary.

Additionally, local lead generation creates long-term passive income with minimal effort. Once your lead generation sites are ranked on search engines like Google, they require little to no maintenance, yet continue to generate income month after month. In contrast, MRR often involves ongoing effort to update content, manage sales, and handle customer inquiries. With local lead generation, you avoid the grunt work, allowing you to scale your business by creating more lead generation sites rather than managing the day-to-day operations of a product-based business. This model not only provides financial stability but also offers the freedom to grow your business on your terms.

conclusion-lead-gen-maps

If this business model resonates with you, I won’t sugarcoat it: your success hinges on the right strategy and environment. The right strategy involves leveraging high-potential models like local lead generation. The right environment means surrounding yourself with the right people, like joining our group and attending weekly coaching calls.

For me, joining local lead generation program provided the certainty and support I needed to succeed. Despite my humble background and lack of business experience, I now run online businesses generating over seven figures annually.

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