In the spirit of full transparency, know that this K Money Mastery 2.0 review contains affiliate links. This means if you make a purchase through these links, I may receive a small commission at no extra cost to you. In fact, you will often receive a discount or bonus signing up fee! Click here to read my full disclosure policy.
You may agree that making money online through publishing ebooks sounds like a great way to earn passive income.
Most people struggle to know what to write about or how to go about selling a book in this way. Supposedly, there is an exact formula that you can use to make a passive income this way without even having to write the books yourself.
This K Money Mastery 2.0 review (with video) will uncover the truth behind the program with an honest look into the pros and cons.
K Money Mastery 2.0 Review- The Overview and Rankings
- Name: K Money Mastery 2 0
- Owner: Stefan Pylarinos (20 out of 100)
- Website URL: kmoneymastery.com
- Type: Selling ebooks
- Training: 25 out of 100
- Success Stories: 10 out of 100
- Price: $97 + upsells
- Maketimeonline.com Rating: 18 out of 100
Pros and Cons
Pros
- Useful beginner information for anyone wanting to sell ebooks on Amazon
- A legit owner who has been there got the T-shirt for what he teaches
- Some useful bonuses and downloads
Cons
- Outdated information… Stefan made money with his lessons because they worked when he used them (they don’t in 2020 and beyond)
- Upsells to more of his courses just to access the information you will need
- You will need to keep spending money to make this work (hiring freelance writers or virtual assistants and paying for adverts)
- Black hat methods advised such as review swapping or keyword stuffing (this doesn’t work anymore)
What does K Money Mastery 2.0 do?
Kindle Money Mastery, or K Money Mastery for short. It’s a course in an instructional program that teaches participants how to make money by selling Kindle books on Amazon.
Freelance writers and non-writers can benefit from this training, although you may need help with tasks like eBook cover design and publishing.
Learning how to outsource content creation efficiently is important to get your ebooks ranked high on Amazon.
K Money Mastery 2.0 is a training program developed by internet marketer Stefan James Pylarinos. In this training course, he will teach aspiring writers and entrepreneurs how to create a profitable ebook that will be sold on the Kindle platform.
This members-only training program is helpful for aspiring authors who want to build their businesses from scratch. But contrary to what Mr. Pylarinos says on his website, this is only for some.
Kindle Money Mastery 2.0 has been among the best Kindle self-publishing courses since it was first published in 2015.
It is one of the very few products within ClickBank that could fulfill its promises and deliver substantial amounts of value to those purchasing it and maybe even help them live “The Dream” of earning their living online.
Stephan James Pylarinos, the creator of KMM 2.0, claims he is currently earning a six-figure, passive income on autopilot with the system he teaches within the course.
As you continue to read this K Money Mastery 2.0 review you will find out what you will get for $97.
What’s Inside K Money Mastery 2.0?
Let’s start off by saying what is not included in K Money Mastery 2.0.
Yeah, there are upsells…
If you want to get access to all the information and tips, you will need to put your hand in your pocket again!
But here’s a great tip for you… if you go to close the browser no the sales page you can try it our for $7 for a week…
Anyhoo what is inside K Money Mastery 2.0?
You can see the inside area in this pretty cool review on YouTube…
The review is pretty long but if you check it out from 5 minutes to 9 minutes 30 you get to see exactly what is inside.
Top tip- if ever you are tempted to buy a course… you can usually find an inside video for free on Youtube.
As you can see there’s basically a load of training videos and some downloadable templates.
You can see there is legit material in here.
But does that mean it’s any good?
Keep reading to find out amigo.
Also know that there are many more similar courses out there just like:
Ready to make passive income online?
Hey, I’m Mike.
I created a passive income online within a year. I had no marketing skills or online experience when I started.
Is K Money Mastery 2.0 a Scam?
There are two main ways an online course can be a scam:
- Take your money and run off into the sunset, never to be heard from again
- Provide some information but it doesn’t live up to their promises
As you can see there are legit training modules inside.
But does it live up to its promises?
K Money Mastery 2.0 is a legit training program for people who want to have their books published and sold via the Kindle platform.
This is a great program for aspiring authors, but some questionable things about this training program make me uncomfortable using it.
It’s not for everyone, but its creator wants everyone (even those who have no interest in writing an ebook but are just in it for the money) to build their “Kindle business,” thereby flooding the platform with poor-quality content.
Many parts of the tutorial make sense, but some are downright unethical. Mr. Pylarinos explicitly encourages people who don’t have an aptitude or talent to write to create a “Kindle business” and profit off the work of others.
To be fair to Stefan, he doesn’t push the lavish lifestyle promises down your throat.
But he does make it sound like you can create this passive income easily from ebooks without even having to write books yourself. Let’s find out if that is true…
Just to be fully transparent with you, I have not purchased this program myself, so I will stop short of calling this program a scam.
I have researched the website, testimonials and information on the Internet to get to the bottom of what this program genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn more “Ways to Spot an Online Marketing Scam” then click the highlighted text.
Tired of expensive crappy Affiliate Marketing courses? Check out how I make money online here!
K Money Mastery 2.0 The Good
So let’s dig in a bit deeper.
There certainly are some good parts to K Money Mastery 2.0…
#1 Legitimate owner & business model
There are some genuinely good tips about creating and publishing ebooks.
Here are some of the training that sounds very helpful and has positive reviews:
- The keyword research videos (this seems to be the best part)
- Supply and demand in the Kindle world
- Introduction to KidleSpy (legit software)
- How to create titles to not violate trademarks
- Script templates to find good work on Fiverr.com
- Ways of monetising your book (but you need to purchase upsells to get the good information here)
It is clear that Stefan is someone who has done this himself and helped others do it… in the past!
#2 Possible to outsource work
There is a bit of information here on how you can outsource the tedious work so you don’t have to do everything.
But do be prepared for the upsell on his Kindle VA Training Program here (more on this soon)…
#3 Possible to Create Passive Income
Do the work once and get paid for it over and over again.
This is the message throughout the sales pitch, and it is certainly possible to do that by selling ebooks.
However, as you continue to read this K Money Mastery 2.0 review you will discover if it is still possible to create passive income from this training in 2020 and beyond.
#4 30-Day Money-Back Guarantee
It does make it more appealing knowing you can get your money back in 30 days.
My slight concern is that ClickBank products always offer a 60-day money-back guarantee.
So why doesn’t K Money Mastery 2.0?
Speaking from experience this is NEVER easy to get back!
This is a big reason why I, personally, didn’t even bother trying out the training after researching it.
K Money Mastery 2.0 Red Flags
Be aware!
There are some hidden truths that everyone should be aware of before they dive in…
Key Terms:
- Black Hat Methods – Using lies and unethical methods to make someone buy something
- White Hat Methods – Being honest and genuine to help people make informed decisions about purchases
- Red Flag – A warning sign
#1 It Sounds too Easy…
Stefan does make it quite clear that you will need to put in work.
However, outsourcing is not as straightforward as paying someone else to do a task and sitting back sipping cocktails on the beach.
You really need to do that task first so you can effectively tell them what to do.
And you need to manage them to make sure they do it properly.
Yes, once you find great people to do them and they are competent it can become passive.
But a few short videos of training is not enough to reap passive income for the rest of your life.
Not to mention that to learn how to outsource properly you will need to purchase one of Stefan’s upsells…
#2 The K Money Mastery 2.0 Upsells
You won’t get all of the training for the $97 price.
Here are some of the additional training programs that you will to purchase if you want to learn all of Stefan’s model:
- Full Disclosure membership- $47/ month
- How to write a Kindle Book in less than 24 hours- $17
- K Optimizer and virtual assistant training – $197
If you’re interested in that passive income that Stefan talks about you will 100% need the VA course for an additional $197.
#3 Paying for cheap ghostwriters may not be so cheap
Do you know why some freelance writers in the Philippines are so cheap?
You already know the answer…
Their English typically won’t be as good!
If you are getting someone else to do the writing for you, it may end up costing you more time or money to have it proofread and checked.
Or you’ll end up with a terrible book that will be really hard to sell.
#4 Training resources are not updated
Do you remember reading that version 2.0 was released in 2018?
But the program still uses many of the original videos and the techniques, which are becoming outdated as you are about to see.
The point is the training will not grow and expand over time. What you pay for is what you get.
#5 Ebooks are not What They Once Were
This is the Google search trend on “Kindle” and “ebook”…
As you can see this method probably worked great when Stefan first made the course.
But as we enter 2020, audiobooks and podcasts have taken over…
Which leads us onto…
#6 Outdated Information
There is a lot outdated in K Money Mastery 2.0.
But here are just some of the things you will find:
- 5,000-word books still recommended (audiobooks and paperback is how non-fiction books make money today & 5,000 words won’t cut it anymore)
- Twitter and Facebook PDF download with broken links.
- Keyword stuffing (doesn’t work anymore!)
- Methods of getting Amazon reviews (including the review swaps)
I could go on but the point here is that Amazon has an ever-improving algorithm.
Outdated information will not hack it in this field.
He even says it himself…
It would be great if he provided the right system for 2020 and beyond.
#6 You Need to Spend More Money to Get Your Books Seen
Stefan leaves you some great ideas to get your book in front of more people such as:
- Ask friends and family
- Guest posts for your book
- Facebook and Twitter ads
- Promote to an email list
- Fiverr promotion
- Comment on forums
- Blogging
- YouTube videos
You’re going to have to figure this all out by yourself though.
…Or pay money for another course.
…Or lose money by blindly trying some ideas i.e. FB ads & Fiverr gigs (bad ideas with no guidance).
#7 Review Swapping Encouraged
Simply put… Google and Amazon are clever.
They have these amazing algorithms that are becoming more intelligent every day.
Freedom bound business proves why review swaps are fading away.
This is a black hat tactic and reviews should be received by writing great books or content that people really love and want to share.
Saying that nothing is stopping you asking your friends and family for a little help at the start obviously!
Ready to make passive income online?
I’ve created a growing passive income online with no marketing skills or online experience…
I’ve made a special video for you to explain exactly how I did this.
My Opinion – K Money Mastery 2.0
You probably already know what’s coming…
It’s not worth the money!
If you have no idea about what book to write or how to publish it and promote it, then it 100% is not worth your money or time.
But, if you have a book already written or an idea of what to write then you might find some great little tips to help sell it on Amazon.
If that’s you, then, by all means, click here and give it a try.
Take everything with a pinch of salt though.
You’ll really only be paying for some ideas on how to promote it and how to do keyword research.
As long as you know this upfront it may be worth it to make sure your title and book design is something that people are actually searching for.
An Evergreen Strategy That Brings You The Money
Now if you’re like me, you probably read that review and became disheartened to hear it’s not what you thought it would be.
It wasn’t long ago that I was looking for a legit system and method of making money online.
Don’t get me wrong I was prepared to work, I just had no idea where to start.
I was looking for something:
- I could work on when I wanted (I was still in a full-time job)
- Didn’t cost a fortune to start and maintain
- Didn’t need me to sell stuff to my friends and family
In September 2018 I found the training that I still use today. And as of August 2019, I have so much confidence in the program I have quit my job (that was paying $45,000 a year after tax!)
The best thing about it is:
- It’s free to start
- Customers are brought to you that are already interested
- There is a community of over 1.5 million users that you can lean on for support
- Plus I will personally be there to help along the way
When you try out this program you will see why so many people recommend it.
K Money Mastery 2.0 Review: The “MakeTimeOnline” Final Word
So to sum up, the program has some useful tips if you want to sell an ebook online, especially if you have your own book already.
In 2018 I had no idea what affiliate marketing was.
Once I learnt about it, it just seemed like a great business model that can grow over time using the power of the internet.
So I tried to figure it out by myself… that got me nowhere fast.
Then I fell for some terrible online scams.
But eventually, I found Wealthy Affiliate. It teaches long-term proven strategies to build an online business with all the tools & support needed.
And this happened…
Once you learn the process of getting thousands of people to find your website every month (for free) there really is not limit to what you can achieve online.
I’ve reviewed hundreds of courses or programs that claim to help people make money online. And I’ve spoken to dozens of 6-7 figure online entrepreneurs on my podcast.
This is by far the best place I’ve seen to help beginners get set up on the right foot. You can read my full Wealthy Affiliate review here (including the pros and cons!)
Or you can watch an insiders video I made that explains exactly how it works here.
It’s clear that most of the methods taught in Money Mastery 2.0 doesn’t work anymore. I’m surprise that you’re so lenient in not branding it a scam. I won’t be putting my money on it though as I believe there are updated info on writing/selling ebooks on Amazon. Thanks for your insights though.
Hey Kenny, yeah it’s pretty close. To be fair I think it used to be pretty legit but it’s just outdated. It’s certainly not like some outright scams out there!
Thank you for reviewing K Money Mastery. I have already seen this guys face in many products I stumbled online. He must be the mastermind behind them all. I am a big fan of hard work and know for a fact that big promises and claims that for some reasons happen very fast are NOT TRUE.
I am glad you showcased the red flags and let people know they should avoid participating or associating with this product.
Awesome website by the way.
Thanks so much, I really hope it helped.
Interesting review, very informative and detail rich. Saddens me to see when people take this easy approach, they know some suckers are going to fall for it..
Dearest regards, Torgny
Too true Torgny!
It is such a shame to see people putting products out there that just don’t cut it
Wow, this is really a good review. I was wondering about this K System, and I had the same doubts, specially if the kindle books are still at it top.
And knowing about the up-selling, I hate when you got almost nothing when you sign up.
Great sentences “However, outsourcing is not as straightforward as paying someone else”….Love it.
Do you believe that you can use this techincs from the course to apply it to audiobooks? Since you mentioned them? Thank you
Hey Pabs,
Yeah it certainly is not as easy as he makes it sound.
Interesting thought, although this product is really set up to produce written books.