Is Audiobook Income Academy Legit Or A Scam? Ultimate Review

Hi, welcome to my Audiobook Income Academy Review. Do you ever hear of Audiobook Income Academy? Is Audiobook Income Academy Legit Let’s see…

So you want to make some money by self-publishing? You’re not by yourself! But is it really worth it to self-publish on Amazon? What about the Mikkelsen Twins’ Audiobook Income Academy course?

Is it true that they have a working plan, or are they just taking people’s money?

Before we begin this review, let me introduce myself…

Hello, my name is Dima, and I’m a successful online marketer who went from spending time to running a successful affiliate marketing business.

In addition, I analyzed and tested over 200 courses to determine the best way to make money online.

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In this review, I’ll go over everything you need to know about the Mikkelsen Twins and their course, including their claims of making a fortune from self-publishing, whether or not their course is a fraud, and what you can expect to learn from it.

So let’s get this party started!

Is Audiobook Income Academy Legit Or A Scam? The Overview

What exactly is Audiobook Income Academy 2.0?

Anyone who is interested in learning how to self-publish audiobooks on Amazon’s Audible platform should consider enrolling in Audiobook Income Academy 2.0, often known as AIA 2.0. This is a wonderful course.

This program, which was developed by Christian and Rasmus Mikkelsen, provides useful insights into the process of locating authors, narrators, and designers who are both affordable and of good quality to collaborate with.

One of the distinctive features of AIA 2.0 is that the authors who collaborate on your audiobook will publish it under a pseudonym, enabling you to retain ownership of all of the earnings from the sale of the audiobook. They are happy to collaborate with you and assist you in bringing your audiobook to life rather than collecting a share of the profits for themselves.

AIA was initially conceived as a program for training; however, it has since developed into a program for partners. The Mikkelsen team will not only present you with an excellent concept for a book, but they will also provide you with access to their network of low-cost ghostwriters, editors, and cover designers.

The Mikkelsen twins initiated the program in the late summer of 2018, and since then, it has been of assistance to a lot of aspiring audiobook publishers in accomplishing their objectives. AIA 2.0 is now an even more helpful resource for everyone who is interested in entering the field of self-publishing audiobooks as a result of the fact that it has been transformed into a partner program.

Who are Mikkelsen Twins?

The Mikkelsen brothers, Christian and Rasmus, are not your usual type of entrepreneur. These two individuals, who are identical twins, have established a name for themselves in the publishing sector and are the brains behind the Audiobook Income Academy. The Mikkelsen twins have accumulated a combined net worth of $20 million thanks to their six years of experience in the publishing of audiobooks and the instruction of online courses.

The year 1995 found them being born in New Jersey, and their path to greatness was not an easy one. After living in Aarhus, Denmark, for two years, the twins realized that it was difficult for either of them to have a job for longer than six weeks and that they resorted to using recreational drugs to deal with the stress of their situation. They didn’t realize what they wanted to do with their lives until after they had moved back in with their parents in New Jersey and started attending college.

The two sets of twins were delivering Chinese cuisine when they came across Stephen James’ Project Life Mastery, a course that teaches how to write pamphlet-length books and sell them on KDP. They discovered this course by accident. They experimented with several different business models, such as dropshipping electric motorcycles and publishing books, because the prospect of making money online fascinated them. They eventually came to the conclusion that publishing was the most reliable form of passive revenue that required the least amount of effort on their part.

Their approach to publishing is really straightforward: they search for an inexpensive ghostwriter on a third-party website and then pay that person to produce a book that is 30,000 words long. After that, they sign up for an ACX account and look for a reader who can narrate the audiobook while staying within their financial means. They decide to use Fiverr to procure the services of a graphic designer who will create a book cover for them, and voilà! Their audiobook is now ready to be uploaded to Audible, which will result in them receiving passive income.

The Mikkelsen brothers were able to make $60,000 in 2018 from their audiobook accounts without even making a single withdrawal! Despite this, Christian’s account was terminated by Amazon after it was discovered that the authors had used translation AI on their books. This led to reviews from customers that were of low quality. They attempted to use Rasmus’ account; however, Amazon terminated that attempt as well. Despite this, they were still able to keep their ACX account active, and they maintained their profitable audiobook business. Additionally, at this time period, they started uploading videos on YouTube.

Despite the fact that the twins are no longer allowed to sell their books on Amazon as of March 2021, they have now published their book, “The Freedom Shortcut,” as a Kindle eBook, which will be available for purchase in the year 2023.

The tale of the Mikkelsen twins is illustrative of the significance of tenacity and originality in achieving one’s goals. They have demonstrated that success is attainable when one is determined and employs a method that is both straightforward and efficient. If you are looking for a strategy to generate passive income, take a page from the book written by the Mikkelsen twins and think about releasing audiobooks. You never know, you could become the next great thing in the industry!

What Can You Expect From the New Version of Audiobook Income Academy?

You will be led step-by-step through the process of constructing a lucrative self-publishing company from the ground up by participating in this seven-week intensive training program.

Module 1: The Transformation: Creating the Right Mindset

The first component of the program places an emphasis on cultivating the appropriate mentality in order to provide the groundwork for future achievements. You will obtain access to a hidden Facebook community, discover the routines and work etiquette of successful people, and connect with other experienced publishers to get guidance from the Mikkelsen Twins themselves.

Module 2: Starting Your Publishing Company

The second module will educate you on the more tactical aspects of getting your business off the ground. You will be instructed on how to create accounts on KDP and ACX, locate book titles that are likely to be profitable, manage your revenues online, and create an LLC (Limited Liability Company) for the purpose of self-publishing your work.

Module 3: Publishing Your Book

You will delve into the creative aspect of self-publishing in the third module of this course. You will learn how to build your publishing brand, understand the demands of your clients, create engaging book titles, and acquire a fantastic cover design that will help you stand out from the competition. You will also learn how to craft intriguing book titles.

Module 4: Passive Systems and Automation

In the fourth module, you will learn how to automate aspects of your company so that you can save time and work more effectively. You will learn how to establish a list of people who are willing to review your books, how to use a series of email messages that you can copy and paste to send to your subscribers, and how to write book descriptions that sell like hotcakes.

Module 5: Launch Week

Once you’ve completed module five, it’s time to publish your first publications and begin earning an income. You will gain the knowledge necessary to publish your books through the Kindle Direct Publishing platform, which will allow you to make a strong debut in your field and establish you as an authority figure.

Module 6: Audiobook Ascent and Amazon Advertisements

You will learn how to generate your audiobook within ACX as well as how to set up effective Amazon promotional campaigns in the sixth module of the course. You will also gain an understanding of the significance of book reviews as well as the steps necessary to obtain them.

Module 7: Taking it to the Next Level

You will finally learn how to grow your business beyond Amazon in the seventh and final module of the course. In this module, you will discover how to publish your books on alternative platforms like as Ingramspark and Author’s Republic. You will also learn how to convert your book written in English into other languages, which will allow you to open up even more revenue streams.

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Bonuses for the Audiobook Income Academy Version 2.0

The training comes with a number of useful extras that are included as part of the package and are intended to boost your chances of success. The following is a rundown of everything that will be provided to you:

One-on-One Coaching

You will be given access to four individual coaching calls once the course has been purchased by you. Even though you won’t be able to communicate directly with the Mikkelsen twins, you will still receive helpful direction from the coaches that they have on staff. Bear in mind that you might not be aware of the amount of experience that each of these coaches possesses.

Calls to Groups

During the weekly group calls, you will have the opportunity to talk directly with the Mikkelsen twins and get the answers to any questions that you may have. This is a fantastic opportunity to pick the brains of seasoned professionals in the industry and gain new perspectives on the audiobook business.

Private Community

As a participant in the course, you will be granted access to a private Facebook group where you will be able to network with other people who develop audiobooks and receive assistance.

Workshop on Assured Financial Gains

This course is intended to help you earn your first publishing earnings quickly, and if you don’t see results, you can get your money back. The program is meant to help you earn profits from publishing.

Top 50 Proven Niches

This free includes a list of 50 subgenres that have been demonstrated to be profitable for audiobook producers. Finding a profitable niche might be difficult, but this bonus provides a list of subgenres that have been proven to be profitable for audiobook producers.

Access Prioritaire à Des Experts

You will have the opportunity to connect with a community of authors, narrators, and book cover designers as a component of the training. Although you will be required to pay for these services, you can be certain that the professionals you are working with are of the highest caliber and will be able to assist you in elevating the quality of your audiobook production.

10K Case Study Vault

You’ll have access to interviews and case studies of 17 Audiobook Income Academy students who are making more than $10,000 per month as part of this bonus. These students are all doing well financially. This may serve as a source of ideas and guidance for the construction of your own audiobook.

Low Content Kickstarter

At long last, you’ll find out how to produce concise audiobooks that can bring in an income quite rapidly.

The Audiobook Income Academy 2.0 course, in general, comes with a variety of helpful extras that can improve your chances of becoming successful in the audiobook industry.

How Much Money Should You Budget for the Start-Up Costs Involved in Selling Books on Audible?

It is imperative that you have a solid understanding of the initial fees associated with the world of audiobook publishing before you delve in headfirst. The following is an outline of the costs that you should anticipate incurring:

Option 1: Do It Yourself

You will be able to save a significant amount of money if you opt to narrate and produce the audiobook on your own. In point of fact, the only expense that will be incurred is the budget for advertising. However, keep in mind that the recording, editing, and mastering processes will require a significant amount of time and effort on your part. You’ll also need to make sure that your narration skills are on a level with the rest of the industry standard, and that your recording gear is of a high enough quality.

Option 2: Bringing in Outside Help

You have the option of outsourcing the production of your audiobook if you do not have faith in your own abilities or if you just do not have the time to devote to the endeavour. The Mikkelsen twins estimate that the amount of money spent on outsourcing can range anywhere from $3,000 to $5,000.

However, if you just need assistance with narration and cover design, you may anticipate paying between $750 and $900 for a well-done narration and $5 for a book cover. If you only need assistance with narration and cover design, however, you can expect to pay these prices. If you want to have a professionally written book, you should anticipate spending at least $2,000 to $3,000 on the writing process. Keep in mind that the prices listed here are just estimates, and it’s possible that you could find options that are less expensive.

It is essential to keep in mind that the success of your audiobook will be heavily dependent on the quality of the recording that you choose to use for the book’s narration. Although you might be able to reduce your production expenses and save some money doing so, it is more probable that your money will be well spent on purchasing a product of higher quality in the long run. In addition to this, you’ll be able to provide superior service to your consumers and a more pleasurable listening experience for them. Therefore, if you want to sell books on Audible and take the endeavor seriously, you should be prepared to spend in your offering.

How much does it cost to enroll in Audiobook Income Academy 2.0?

The Mikkelsen twins had the program priced at $997 when they first released it, but they have recently increased it to $1,997. You have the choice to either pay the total cost all at once or to pay it in three payments, each of which is $797.

If you decide to make payments in installments instead of one lump sum, your total investment will rise to $2,391 if you spread out the payments over a period of three months. When developing the budget for the program, it is essential to have this consideration in mind.

Applying for PayPal Credit is something that the Mikkelsen twins recommend doing in the event that you are unable to pay for AIA 2.0 all at once or in installments. Those who prefer to space out their payments over a longer period of time may find this to be a useful choice.

Refund Policy: Is Audiobook Income Academy Legit?

Within the first twenty-four hours after making the purchase, if you are unhappy with the course for any reason, you need just let them know, and they will offer you a complete refund with no questions asked.

After the first twenty-four hours of the course, you will have one hundred and eighty days to finish it and apply what you’ve learned into practise. You must fulfill all of the following requirements in order to be eligible for a refund:

• Watch all of the video lessons, starting with week 1 and going through week 6.
• Participate in two face-to-face coaching sessions.
• Audible should be used to publish an audiobook.

In the event that you do not generate a profit of at least $5,000 within one hundred eighty days of making your purchase, Mikkelsen Brothers will return all of the money you paid them plus an additional $1,000.

What I Like About Audiobook Income Academy

Acquire a fundamental understanding of how to sell audiobooks on Amazon.

You will be able to study the principles of audiobook publication, which is one of the most significant benefits of taking this course. If you are new to this industry, you may find the step-by-step assistance supplied by the Mikkelsen twins, who were responsible for developing the course, to be really helpful. They appear to know what they’re talking about, but I’m unable to confirm whether or not they’ve made a lot of money from publishing on Kindle.

Ideal for Beginners

The Mikkelsen Twins are here to help you navigate the world of audiobook publishing even if you have no prior experience in the field. They walk you through everything from the very beginning to the very end in a methodical manner, so you never have to worry about feeling lost or overpowered.

Stylish and Effortless to Navigate User Interface

Since the user interface of AIA is intuitive and well-designed, it is not difficult at all to locate the specific information that you require. In addition, the films are of a very high resolution, allowing you to see every detail quite plainly.

Gain Entry to a Top-Secret Facebook Group.

When you sign up for AIA, you will also be given access to a private Facebook group where you will be able to network with other people interested in a career as an audiobook publisher. You can pick up new strategies, get answers to your burning issues, and interact with some of the most knowledgeable people in the field by coming here.

Weekly question and answer session with the Twins

As a student of AIA, you have the opportunity to ask the Mikkelsen Twins any questions that have been weighing heavily on your mind during their regular video calls. This is a terrific opportunity to obtain individualized feedback and direction from seasoned audiobook publishers, so don’t miss out on it!

You may be at home because of health issues or because you have children to care for.

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What I Do Not Like Audiobook Income Academy

The distribution of audiobooks is a challenging business concept.

Publishing audiobooks does not offer an easy or straightforward path to financial success, which is one of the industry’s most significant downsides. Producing and marketing an audiobook requires a significant investment of time and energy, but the potential payoff is low. Therefore, if you anticipate making substantial revenue from this business, you can end up being dissatisfied with the results.

The course fee is very high.

The fact that the Audiobook Income Academy 2.0 is so pricey is just another drawback to using the program. You will be required to pay a significant cost in order to have access to the course, and it is uncertain whether or not you will be able to recoup that investment through the selling of audiobooks. Therefore, if you are operating with a limited financial buffer, you might want to reconsider making this purchase as an investment.

The content is not unique

Even if the course does contain some useful knowledge, it is important to keep in mind that the majority of the material can be accessed for no cost on the Internet. It is possible that you may save some money by avoiding taking this class if you are willing to conduct some of your own independent research.

Videos That Last Forever

In spite of the fact that AIA has a very extensive library of content, the Mikkelsen Twins’ movies often run on for much longer than necessary. They rarely get to the point and prefer to talk in circles instead of addressing the issue head-on. On the other hand, this is a little point of contention, and the value of the content that you receive is still exceptional.

Producing audiobooks comes at a high financial cost.

The Mikkelsen Twins assert that in order to produce an audiobook, one needs the services of a ghostwriter, a narrator, and a graphic designer. Even though they suggest finding a ghostwriter through The Urban Writers as a way to cut costs and save money, this is still a big financial expenditure. If you want a professional narrator, you should budget at least $250 for each completed hour of their work. In addition to this, you will require the assistance of a graphic designer in order to develop a book cover.

Exaggerated potential for future earnings

It’s possible that the Mikkelsen Twins are exaggerating their claim that their successful students have made over $20 million, yet they insist on making the claim. This may not be a reasonable expectation, despite the fact that the course states that you may make thousands of dollars per month with only thirty minutes of work each day, as the course makes this claim.

Is Audiobook Income Academy Legit or Scam?

This is a legal program that will educate you on how to publish and market audiobooks to your audience. However, the most important consideration is whether or not you will actually be able to improve your financial situation by taking this class.

The economic strategy of self-publishing audiobooks can be highly time-consuming, and it needs a lot of effort, but there is no guarantee of a return on that investment. Advertising is the most difficult obstacle to overcome when it comes to the sale of audiobooks. Without promotion, no one will be aware that your eBook is available for purchase. Unfortunately, advertising on any platform can be both expensive and competitive due to the amount of competition there is.

It is essential to keep in mind that paid search advertising on Amazon is really one facet of online marketing, despite the fact that the Mikkelsen twins, who developed Audiobook Income Academy, center their instruction on the topic. If you want to be successful in this industry and make money, you need to educate yourself on organic traffic sources that will allow you to avoid spending any money on advertising.

It’s possible that there are other business ideas out there that are more sustainable and have the potential to generate more money if you’re interested in making a passive income. It’s probable that the Mikkelsen twins make the most of their money from selling online courses rather than publishing eBooks. This is because self-publishing audiobooks have a lower earning potential than publishing eBooks does.

Are Mikkelsen Twins a Scam?

There is no scam involved with the Mikkelsen Twins. They are actual people who assert that they have made a significant amount of money through the implementation of their web marketing tactics. On the other hand, there have been claims that the company engages in deceptive marketing practices.

For instance, in order to promote their course, the Mikkelsen Twins utilize emotional triggers, such as the promise of a “stress-free income,” and they also make their company concept appear to be a lot less complicated than it actually is. And they don’t usually highlight the drawbacks, like how slowly you get paid through Audible or how expensive it is to hire a decent author and narrator.

One more problem with the Mikkelsen Twins is that they recommend to their customers that they take out loans in order to pay for their training. Although they recommend utilizing a credit card as “good debt” that can be returned through audiobooks, this is not always the best choice when it comes to one’s financial situation. They argue that the cost of their education is worth it because you will make money from audiobooks and propose cutting back on expenses such as eating out and canceling subscriptions.

Because of all of these strategies, the Mikkelsen Twins have received a significant number of negative reviews on Trustpilot. Some consumers allege that they were told they could make $10,000 per month, but it turned out that this was not the case at all for them. And unfortunately, many consumers complain that when they discovered that the course did not operate as intended, they did not receive a refund even though the course was purchased by them.

Final Verdict: Is Audiobook Income Academy Legit or a Scam?

If you are contemplating joining Audiobook Income Academy 2.0, I would advise you to investigate your other available choices first. Although the course does provide some insightful knowledge about publishing on Kindle, it does not provide sufficient instruction to assist you in developing the skills necessary to generate significant revenue.

The majority of the topics that are discussed in the course do not include in-depth talks, and it is simple to locate superior educational materials that are offered for free on the Internet. Outsourcing the production of your audiobook to a company like Audible alone can run you between $3,000 and $5,000, which is another cost associated with the production of a successful audiobook.

Even while it is possible to do it yourself for free and promote it to your target audience, you will still need to spend money on promotions in order to be successful. If you price your ebook at $10, you will have to move a significant number of copies just to cover your costs, let alone turn a profit.

On TrustPilot, you won’t discover very many favorable reviews or success stories related to Audiobook Income Academy, which isn’t that surprising given the previous point.

To summarise, if you are serious about generating money with audiobooks, you would be better off investing your time and money in courses that are more extensive, reliable, and offer a better value for the money.

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