The Contrepreneur Formula Exposed: Behind The Scenes - Mike Winnet - #098

**Chris Williamson** (0:00)
Oh, hello, people of Podcastland. Welcome back to Modern Wisdom. My guest today is Mike Winnet, and he is the creator of probably one of my favorite YouTube videos of all of 2019 The Contrepreneur Formula Exposed was a short documentary that Mike made with a couple of his buddies, as he went on a journey to find out whether internet marketers deliver what they promise. You'll have seen videos, potentially even before this very podcast, that say, I can't believe people are still working in this old way. Do you want to learn how to 10x your income in just eight months? All this sort of stuff. Mike came in to some money from a business that he ran, and decided to put these promises to the test. So to the tune of nearly half a million quid, he has spent money on pretty much everything from crypto mining to property, online courses, in-person seminars, literally everything. The documentary blew up on YouTube and started to gain some real traction before a copyright claim was put in by a very prominent internet marketer. So yes, today expect to go behind the scenes with the Contrepreneur Formula Exposed, find out exactly who it is that submitted that copyright claim to Mike, what he thinks is going to happen as the future unfolds, and an awful lot more. I genuinely think what Mike's doing is a really noble cause. He's helping to educate and protect people from quite predatory tactics that are being used to prey on exactly the vulnerable people who do not have the finances to bankroll this in the same way that Mike has. So yes, give us a hand, help some people out by alerting them to these problems and share the episode. Might just save someone from throwing five grand down the drain. But for now, please welcome Mr Mike Winnet.
I am joined by Russell Brunson's best friend and the undirected king of LinkedIn, Mike Winnet. Mike, welcome to the show.

**Mike Winnet** (2:19)
Cheers for having me on, thank you.

**Chris Williamson** (2:21)
It's a pleasure to have you here. Massive fan of your YouTube channel and the work that you've been doing recently. Lot to talk about today, I think. A lot of the listeners will be very familiar with internet marketing and Get Rich Quick schemes, and they'll be targeted by the ads, probably on this video on YouTube. They will almost definitely be targeted by those ads. So yeah, we got a lot to delve into today. So for the listeners that don't know who you are, would you be able to explain what you've been doing on YouTube over the last few months?

**Mike Winnet** (2:52)
Yes. So I am Mike Winnet and I am a Get Rich Quick ad clicker. So all those things that you see in your news feed on Facebook or Instagram, I think they are amazing. I'd love to be a millionaire in six months from drop shipping or through flipping products on eBay and affiliate marketing. So I believe them all, I click them all, I invest all my own money into it and I report my results as they are compared to what the claims made by the gurus is. And that's all I do. I put that content onto YouTube. And you can see for free whether they work or they don't.

**Chris Williamson** (3:29)
What's the success ratio been like?

**Mike Winnet** (3:31)
None of them have worked so far. They're not one, which is weird because the only people that seem to get success from it are the people that are selling you their course to do it, which is, I mean, maybe I'm just unlucky, but I promise you, I'm trying my best. I'm trying my best to make them work. They just don't so far. But I still carry on winning hope. I will be a millionaire this time next year from all of these different schemes.

**Chris Williamson** (3:56)
I think one of the, you've hit straight on one of the points there, which is that unless you have the money to be able to spend on these particular courses, there's no way of foolproofing them.

**Mike Winnet** (4:09)
No, no, no. That's true. That's true. Yeah. So there is no way to foolproof them either. I think the problem with them is how they're marketed to people is if anyone can do this, it's easy and it's passive income and you can make this money from two hours a week, three hours a week. It's like targeting people that don't want to put the effort in.
In many ways. But also, of course, they're going to make it sound easy and anyone can do it with no start up cost. because if they said actually it's 100 hours a week and you need money to start, then they wouldn't sell as many of these courses. So that's true.