Welcome to our Mikkelsen Twins review.
Are you tired of working long hours for little pay and struggling to make ends meet?
Would you love to earn money from the comfort of your own home using the internet?
Well, the Audiobook Income Academy 2.0 program may have caught your eye, it claims to teach you how to make money by publishing audiobooks on Amazon.
But before you dive into this program and pay for it, it's important to take a closer look at what the program contains, what it costs, if it has any complaints, additional costs, pros and cons, and who's behind it.
Consequently, in this Mikkelsen review, we'll be approaching the program and giving you all the information you need to decide if it's a genuine opportunity or a shady scam.
Altogether, with so many scams and low-quality programs on the internet, it's important to be cautious when considering any new program or opportunity.
Definitely, you don't want to waste your time or money on something that won't deliver results or, even worse, fall for a scam. That's why it's critical to do your research and dig into every detail before making any investment.
By knowing everything there is to know about a program, you'll be able to make an informed decision and avoid any nasty surprises down the line.
So relax and stay till the end to get to know everything about this program.
NOTE: scroll down if you'd prefer to watch a video!
For full transparency, you need to know that I am NOT an affiliate of the product being reviewed on this page and have no connection with its creator. That said, there may be other affiliate links on this page, and if you purchase something as a result of clicking one of them, I may receive a commission (at no cost to you). However, you can be sure that I only recommend products that I believe are high quality. Also note that my results with affiliate marketing are not typical and your results may vary, indeed you may make nothing at all!
What is Audiobook Income Academy 2.0?
AIA 2.0 or Audiobook Income Academy is an online course that teaches people how to become Amazon publishers and generate passive income.
However, some people believe it's a scam as the Mikkelsen Twins who created the course have been banned from Amazon multiple times, while others claim it has helped them achieve financial freedom.
Basically, the Mikkelsen Twins use marketing jargon such as "ghost audio" and exaggerated boasts of fast money to attract people to their free webinar training.
However, they explain in the training that succeeding with this business strategy requires hard work. AIA teaches its students how to make money on Amazon using the platform Audible and gives a winning topic for their book as well as access to low-cost ghostwriters, readers, and designers.
Who are the Mikkelsen twins?
The founders of Audiobook Income Academy are Christian and Rasmus Mikkelsen, twin entrepreneurs with about 6 years of experience in publishing audiobooks and teaching courses online.
Furthermore, they were born in New Jersey in 1995 and are currently 27 years old. The internet claims that each twin is worth $10 million, making their combined net worth $20 million.
Consequently, they publish audiobooks on Audible and also had eBooks through Kindle Direct Publishing (KDP).
Their success story began in 2015 when they moved back in with their parents and started making money online through publishing.
Later, they stopped going to college and focused on publishing audiobooks, which provided consistent passive income with the least amount of work.
Moreover, they claim that they made $60,000 in 2018, but their Amazon accounts got suspended for using translation AI on their books. They are currently banned from selling books on Amazon as of March 2023.
What does Audiobook Income Academy 2.0 cost?
The Audiobook Income Academy Partner Program costs $4,000, but the actual cost is $1,995 if you decide to join quickly.
Thereupon, the Mikkelsen twins use marketing techniques to make the actual cost seem more appealing, such as offering a special upfront payment of $999 or a discounted cost of $1,995 if you "act now."
In addition, the Mikkelsen twins will receive 5% of your first-year royalties. However, some people have criticized their marketing tactics, as the webinar is pre-recorded and the "act now" offer could be available at any time.
What's in Audiobook Income Academy 2.0?
The course is divided into 7 weeks with bonuses.
In Week 1, you'll learn about success habits and mindset.
Week 2 covers choosing a niche, accounting, and forming an LLC.
Week 3 teaches you how to create your audiobook, including building your brand and outsourcing writing.
Week 4 is about promoting your audiobook, including sales funnels, lead magnets, email sequences, and building a Facebook community.
Week 5 covers launching your audiobook with various strategies.
Week 6 is about Amazon Ads and how to use paid traffic to get customers.
Week 7 covers professional designs and brand expansion.
Bonuses include 1 on 1 coaching, group calls with the Mikkelsen Twins, access to a private Facebook community, a guaranteed profits workshop, top 50 proven niches, VIP access to experts, a 10K case study vault, and a low content Kickstarter bonus.
Are there any additional or hidden costs?
It's important to note that in addition to the $1,995 cost of the Audiobook Income Academy course, there are additional costs associated with outsourcing the creation of your audiobook.
According to the Mikkelsen twins, outsourcing the writing, narration, and cover design of your book can cost anywhere from $3K to $5K.
However, they also suggest that you can start with as little as $700 if you choose not to outsource.
Moreover, keep in mind that if you decide to go the DIY route, the cost will mainly be for advertising.
Though, if you do choose to outsource, be prepared to pay at least $2,000-$3,000 for a well-written book and $750-$900 for a professional narration.
While a book cover can cost as little as $5, it's recommended that you invest more to get a better product and customer service.
Is Audiobook Income Academy 2.0 a scam?
No, I wouldn't say that Audiobook Income Academy 2.0 is a scam.
Audiobook Income Academy is a legitimate program that provides mentorship and support to create and sell audiobooks on Audible.
However, the Mikkelsen twins use marketing tactics that some people may find overly hyped.
While they do not discuss the costs of outsourcing a well-written book and narrator, or the slow payout from Audible, they market their program as a stress-free way to make money online.
Whereas, they heavily use scarcity marketing and encourage buyers to "move money around" to afford the program.
Despite the marketing tactics, creating and selling audiobooks is a legitimate way to make money online. However, there are likely better ways to make money without the expense and effort of outsourcing audiobook creation.
Are there any Audiobook Income Academy 2.0 complaints?
Publishing.com, the new page of the Mikkelsen twins has a 4.8 star rating on Trustpilot, which is pretty good. That said, the 1% of their ratings that are 1 star do give some cause for concern.
The Mikkelsen twins have another website called publishing.com that offers similar services to Audiobook Income Academy.
However, some reviews suggest that the site may not be as reputable as the twins claim. Some reviewers point out that the information presented in their webinars is inaccurate, such as claiming that Amazon created Audible, when in fact they bought it, and stating that there are only 200,000 audiobooks available.
Reviewers warn that the program is expensive and time-consuming, and there is no guarantee that you will make money from your audiobooks.
They advise people to be realistic and not fall for the hype and promises of easy money. In conclusion, some reviewers warn that investing in the Mikkelsen twins' programs can be a financial gamble and that people should be cautious before investing in them.
Audiobook Income Academy 2.0 Pros & Cons
Pros
- The program teaches effective methods for making money by publishing audiobooks on Amazon.
- The course is led by experienced entrepreneurs who have achieved success in publishing their own audiobooks.
- The course is well-structured, with 7 weeks of content and helpful bonuses to enhance comprehension.
- The program educates on important business skills such as branding, outsourcing, and sales funnels.
- Participants receive valuable bonuses, including 1-on-1 coaching, group calls, and access to a private Facebook community.
- The program offers a money-back guarantee to ensure satisfaction.
- Participants can save time and money by utilizing low-cost ghostwriters, readers, and designers through the program.
- The program teaches effective strategies for promoting and launching your audiobook.
- The course covers professional designs and brand expansion, which can help take your business to the next level.
- The program provides a list of the top 50 proven niches, helping participants select a topic for their audiobook.
Cons
- The program can be expensive, with a cost of $4,000, but there is a discounted rate of $1,995 for quick enrollment.
- Some may find the marketing techniques employed by the Mikkelsen twins to be overly hyped.
- Additional costs will arise from outsourcing the creation of your audiobook: writing & narration. I have tried self-publishing including audiobooks and although I do make consistent income, the initial investment was high and the margins are fairly tight.
- The founders of the program have been banned from Amazon, which could raise concerns for some potential customers.
Mikkelsen Twins review verdict
All in all, we believe there are better ways to make a living online.
After reviewing the Audiobook Income Academy 2.0 program, we think it's fair to say that it's not the best option for making money online.
While the program claims to teach you how to make passive income by publishing audiobooks on Amazon, there are some negatives to consider.
For starters, the course costs $1,995, and you may need to spend thousands of dollars more on outsourcing writing, narration, and cover design to create your book.
Additionally, the Mikkelsen twins who created the course have been banned from Amazon multiple times.
Some of their marketing tactics, such as pre-recorded webinars and pressure to "act now," have also been criticized. While there are success stories, there are far better, easier, and less expensive ways to make money online.
Therefore, it's recommended to explore other options and do your research before investing your time and money in any program.
Thank you for reading our Mikkelsen Twins review. We hope it has helped some in your decision making process.
Have a blessed day!