Chance and Abdul’s Modern Millionaires – Internet Goldmine or Online Trap?
Chance and Abdul’s Modern Millionaires – Internet Goldmine or Online Trap

Ever dreamed of building a six-figure online business without a boss, office, or burnout?

That’s exactly what Chance Welton and Abdul Samad Farooqui promise with their program, Modern Millionaires. They claim it’s the blueprint that took them from broke and burned out to multi-millionaire marketers — all by helping local businesses generate leads using paid ads on Google and Facebook.

But with a price tag pushing $5,000 to $8,000, flashy success stories, and some mixed student experiences floating around online… it’s fair to ask:

👉 Is Modern Millionaires the real deal?
👉 Or is it just another cleverly marketed course built on big promises and bold personalities?

In this review, I’ll break down exactly what you get, who it’s really for, and whether it lives up to the hype — or if it’s more online trap than internet goldmine.

Let’s dive in.

Modern Millionaires Review Overview

Product Name: Modern Millionaires

Owner: Chance Welton and Abdul Samad Farooqui

Product Type: Paid Lead Generation course

Price: $9.95 trial, $5,000 to $8,000 in reality

Best For: Those With A Big Budget

modern-millionaires-review-image

Pros

  • Real Business Model
  • Teaches Practical Skills 
  • Offers DFY, DWY, DIY options
  • Includes Mentoring, Tools, Community Access
  • Some Students Have Had Success

Cons

  • Very High Upfront Cost
  • No refunds – Sales are Final
  • Marketing Feels Overhyped & Misleading
  • Not Beginner-Friendly
  • Ongoing Costs Aren’t Disclosed Upfront

Quick Summary

Modern Millionaires is a high-ticket course created by Chance Welton and Abdul Samad Farooqui that teaches you how to start a lead generation agency using paid ads. The core idea is simple: run Google and Facebook ads to generate leads for local businesses, then sell those leads for profit. The course covers everything from ad creation to sales prospecting, client management, and outsourcing — giving students a step-by-step blueprint to build a digital agency from scratch.

The training is broken into four modules and offers three different package levels: Do-It-Yourself, Done-With-You, and Done-For-You. Depending on the option, students may also receive live coaching, access to community groups, and done-for-you assets. While the course content is solid and based on real marketing strategies, success depends heavily on how much time, money, and effort you’re able (and willing) to invest — especially since paid advertising involves ongoing costs and testing.

Although the program has helped some students build profitable agencies, it’s not without controversy. The high price point, no-refund policy, and aggressive sales tactics have left others feeling burned. If you’re expecting a plug-and-play system that delivers quick wins, this isn’t it. But if you’re financially prepared, comfortable with risk, and serious about mastering paid lead generation, Modern Millionaires could be a valuable — though expensive — path to building an online business.

Rating
3/5

Recommended? Not for beginners, but if you've already established a business with a decent turnover, you might consider their course worthwhile

Table of Contents

Is Modern Millionaires a Scam?

Let’s get one thing straight — Modern Millionaires isn’t your run-of-the-mill “get rich quick” scheme. But that doesn’t mean it’s all sunshine and six-figure paydays either.

If you’re wondering whether this program by Chance Welton and Abdul Samad Farooqui is the golden ticket to financial freedom or just another cleverly marketed trap, you’re not alone.

From a legal perspective, Modern Millionaires is not a scam. It’s a high-ticket course that teaches paid lead generation — a real, proven business model.

But when you look at it through an ethical lens, things start to feel a little murky. Many past students claim the sales process and marketing were misleading, leading them to invest thousands of dollars under inflated expectations.

If you’re considering Modern Millionaires, read on. This review will break down the course content, creator backgrounds, real-world results, and hidden costs so you can make an informed decision.

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What Is Modern Millionaires?

At its core, Modern Millionaires is a lead generation training program. It focuses on helping you launch a digital agency that sells leads to local businesses using paid ads — mainly on Google and Facebook.

modern-millionaires-website-image

The big pitch? You can earn a full-time income without dealing with the grind of SEO or needing to become a tech wizard.

You’ll learn everything from setting up ad campaigns to landing clients and outsourcing fulfillment — all with the promise that this “officeless” business model can help you achieve financial and personal freedom.

But is it really that simple?

The Course Teaches Paid Lead Generation

In digital marketing, there are two main ways to generate leads: organic (via SEO and content) or paid (via ads). Modern Millionaires skips the slow grind of SEO and dives headfirst into paid ads.

That’s the program’s main hook — you don’t need to wait months for Google to notice you. Instead, you start running ads, get leads quickly, and flip those leads to local businesses who pay for them.

Sounds simple, right?

In theory, you could land your first client within a few weeks and start earning quickly. But as you’ll see later, this approach has some serious upfront costs and risks that aren’t always clearly explained during the sales pitch.

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What They Claim

According to the official site, Modern Millionaires teaches you every aspect of building a paid lead generation business — from running ad campaigns to closing clients and scaling operations.

They also claim to back up this blueprint with:

  • Live coaching sessions
  • Access to a student community
  • Tools and templates to speed up your setup

And here’s where it gets even more attention-grabbing:

They say over 5,700 students have used their strategies to generate $120 million in revenue, and more than 400 of them now earn six figures annually.

Big promises — especially when the course costs between $5,000 and $8,000. But are these numbers real? Or just part of a high-converting funnel?

That’s what we’ll unpack next.

You Don’t Become a Millionaire in 90 Days

The marketing makes it sound like you’ll be cashing five-figure checks in just three months. But in reality?

Even if you absorb the course material like a sponge, there’s a learning curve. You’ll go through trial and error, especially when running ads with your own money.

Then there’s client acquisition — something they often gloss over. Building trust, closing deals, and delivering consistent results takes time and communication. This isn’t a “set it and forget it” side hustle.

Bottom line? You’re building a real business, not joining a magic money machine.

Don’t Expect the Laptop Lifestyle Just Yet

Modern Millionaires paints a picture of freedom: you, a laptop, and a beachfront café in Bali.

But here’s the truth — running a lead gen business is demanding. You’ll juggle ad accounts, troubleshoot campaigns, respond to leads, and keep clients happy.

Yes, you might escape the 9-to-5 grind, but don’t expect to be sipping margaritas on autopilot right away. In fact, many students end up working more hours than they did in their old jobs.

There Are Huge Costs Upfront

Another thing the slick webinars won’t highlight? Paid ads aren’t cheap.

Before you ever turn a profit, you’ll likely spend thousands on:

  • Running Google or Facebook Ads
  • Hiring freelancers for design, copy, and tech
  • CRM tools, landing page builders, and more

Even some of their successful students claiming $18K/month reportedly spend over $13K in expenses. That leaves a very different net income than what’s advertised.

So while the revenue might sound impressive, the actual take-home profit could be far lower.

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Who Created Modern Millionaires?

Let’s introduce you to the guys behind Modern Millionaires…

modern-millionaires-owner-images

Abdul Samad Farooqui

Abdul is based in Vancouver, Canada. With a background in commerce and corporate finance, he ditched the traditional path after discovering digital marketing. He launched Samad Consulting in 2013 and later enrolled in Dan Klein’s Job Killing course, where he met Chance.

Chance Welton

Chance has a more unconventional story. After losing his father and spending his inheritance, he was broke and living in a van. He invested his last $1,300 into Dan Klein’s course — a gamble that changed his life.

Both men credit Dan’s training as the foundation of their success, and their rapid ascent laid the groundwork for what would eventually become Modern Millionaires.

Coach Dan Klein’s Influence

Dan Klein — the creator of the Job Killing course — played a major role in Abdul and Chance’s journey.

After finding success under his mentorship, the duo were invited to speak at his events. But tensions rose, and they parted ways, rebranding their approach as Modern Millionaires.

Dan later hinted that greed might’ve been behind the fallout, which raises a fair question:

If they cut ties with their mentor once they hit success, how committed are they to their own students long term?

My Take on the Creators’ Backstory

There’s no denying that Abdul and Chance have compelling stories — rags to riches, second chances, and bold leaps of faith.

But here’s where it gets tricky: the fallout with Dan, the aggressive marketing, and the premium pricing all raise concerns about prioritizing profits over people.

That doesn’t make them scammers — but it’s fair to say that buyer trust should be earned, not assumed.

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What Do You Get With Modern Millionaires?

The course includes four core modules, each packed with video lessons (150+ in total, clocking in at about 35 hours).

inside-modern-millionaires-dashboard

Here’s a breakdown of what’s inside:

Module 1: Foundation of Paid Lead Generation

This section introduces the basics — picking a niche, setting up your site, and understanding the paid lead gen model.

It also touches on mindset and entrepreneurship, which is helpful for total beginners who’ve never launched a business before.

Module 2: Sales and Prospecting

This is where the real hustle begins — cold calling, email outreach, and using tools like LinkedIn and Facebook to connect with potential clients.

They walk you through:

  • Setting up CRM systems
  • Structuring outreach funnels
  • Navigating client objections and follow-ups

It’s arguably one of the most underrated but essential modules.

Module 3: Google and Facebook Ads Mastery

  • Module 3A: Google Ads – Covers everything from keyword research to landing page creation and analytics tracking.
  • Module 3B: Facebook Ads – Teaches audience targeting, ad creatives, Business Manager setup, and pixel integration.
  • Module 3C: Lead Monetization – Once the leads come in, this section shows you how to convert and profit from them using follow-up sequences and customized messaging.

Module 4: Automation and Outsourcing

Eventually, they want you to step out of the day-to-day grind by:

  • Hiring freelancers (via Fiverr, Upwork, etc.)
  • Delegating design, copy, and fulfillment
  • Building your own sales team

The promise? A business that runs itself — but only after you’ve done the heavy lifting upfront.

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How Does the Modern Millionaires Program Work?

After speaking with one of their sales reps and exploring the site, I found that Modern Millionaires offers three different packages depending on your budget, availability, and business experience:

1. Do-It-Yourself (DIY) Package

This is the most hands-on option. You get full access to the course modules, templates, the private Facebook group (with over 5,500 members), and daily mentoring calls. It’s built for those who want to take control and learn everything step-by-step.

Bonus: You also get access to their lead gen system, pre-built funnels, and automated nurturing tools.

2. Done-With-You (DWY) Package

modern-millionaires-package-2

This option includes everything from the DIY package, plus:

  • A 90-day “agency boot camp”
  • A dedicated coach who works with you one-on-one
  • Two 3-hour weekly calls for deep dives and accountability

Great if you want personal guidance while still building your own business.

3. Done-For-You (DFY) Package

modern-millionaires-package-3

If you’ve got the capital but no time, this is the hands-off option. The team at Modern Millionaires builds:

  • Your brand
  • Your website
  • Your niche selection
  • Your ad platform and even helps you land your first client

It’s a big investment — but also the fastest route if you’re short on bandwidth.

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How Much Does the Modern Millionaires Course Cost?

Modern Millionaires doesn’t list pricing publicly. Instead, you’re required to book a call and speak to a sales rep.

Here’s the general breakdown based on verified reviews:

  • Initial offer: $9.95 “trial” (which leads into the upsell funnel)
  • Actual course cost: $5,000 to $8,000 depending on your package and goals

This pricing isn’t transparent from the start — and that’s a red flag for many. You’ll only get a quote after being qualified on a sales call, which can feel more like a high-pressure pitch than a consultation.

Do They Offer Refunds?

No — Modern Millionaires has a strict no-refund policy.

Once you’ve paid and accessed the material, that’s it. Their reasoning is that it’s a digital product and you can’t “return” information. While that makes sense legally, it also puts all the risk on the buyer — especially if the course doesn’t live up to expectations.

Many students report frustration at being denied refunds after feeling misled or underwhelmed by the content.

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Are Modern Millionaires Students Getting Results?

There’s no denying that some students are getting results — especially those with prior experience, strong communication skills, or budget flexibility to test and tweak their ad strategies.

On the flip side, complaints across Reddit, Trustpilot, and BBB include:

  • Unexpected hidden costs
  • Lack of ongoing support
  • Overhyped claims about results
  • Difficulty in getting a response once payment is made

So the answer is: yes, some succeed — but many don’t. Your outcome depends on your effort, skills, and starting budget.

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Who Is Modern Millionaires Best For?

This program is best suited for:

  • Mid-level entrepreneurs with a solid financial cushion
  • People with time to commit full-time to learning and testing
  • Those who are serious about building an agency (not looking for a side hustle)

It’s not ideal for beginners on a tight budget, or anyone expecting a plug-and-play path to passive income.

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Modern Millionaires Review - Pros and Cons

Before the final verdict, let’s break it down in simple terms — what really works and where this program misses the mark.

✅ Pros❌ Cons
Real business model based on paid lead generationVery high upfront cost ($5K–$8K)
Teaches practical, in-demand skills (Google & Facebook Ads)No refunds — all sales are final
Offers DFY, DWY, and DIY options based on needsMarketing feels overhyped and misleading
Includes mentoring, tools, and community accessNot beginner-friendly without prior sales or ad experience
Some students have hit impressive income levelsOngoing costs for ads, tools, and outsourcing aren’t disclosed upfront

Modern Millionaires Review: Conclusion

So… Internet goldmine or online trap? Honestly, it’s a little of both.

👉 Yes, Modern Millionaires teaches real strategies that can build a profitable lead generation business.
👉 But the marketing sets unrealistic expectations — especially around timelines, effort, and cost.

It’s legit — but far from beginner-friendly or low-risk.

If you have:

  • A decent budget
  • Time to commit
  • Patience to go through trial and error

…then this could be a worthwhile investment.

But if you’re new to online business or worried about losing $5,000–$8,000 without guarantees, you might want to look for a lower-cost, lower-risk alternative to build your foundation.

💡 My Recommendation:

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Thanks for reading my Modern Millionaires Review!  If you have any questions, or any experiences to share then please write them in the comments below. ;). 

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