According to Lerner, he has built several companies with incomes well over eight figures, though the figures might have been exaggerated. Jeff Lerner has an estimated net worth of $5 million.
Who is Jeff Lerner?
Lerner is an American entrepreneur, mentor, speaker, influencer, and pianist. He is the founder of the Entre Institute, which provides advice to entrepreneurs on digital marketing. On his website, he claims to have gone from a “broke jazz guitarist” to $50,000,000 in online sales.
In an interview, Lerner revealed shocking details about those rough early days of his. In 2018, he stated that he was facing bankruptcy and living in his ex’s spare bedroom. His debts to many business failures, including two restaurant franchisors, totaled $500,000.
He was able to support himself by playing the piano. However, a broken hand left him unable to play.
Later, Jeff Lerner found an online course on affiliate marketing. He spent the next few weeks studying the subject for 12-16 hours a day. While on breaks, he said he filmed marketing videos in the backyard. According to Lerner, in one month, he earned $40,000 in commissions. In the following month, he earned $70,000. That year, he was number three in an affiliate marketing network of thousands.
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Jeff was frequently asked to perform as a pianist for wealthy CEOs and company leaders during his twenties. After decades of trying and countless unsuccessful businesses, when he was 29 he finally discovered internet success after almost 10years. He paid off his $500,000 debt from one of those loans within 18 months.
How Did Jeff Lerner become so rich?
Jeff Lerner has made most of his earnings from selling digital marketing courses. The sales funnels he created directed visitors to courses and coaching programs that would teach them how to become millionaires like Jeff. Unlike those days when he first started affiliate marketing, he can now keep 100% of the money he earns from each sale.
Prior to when he began promoting his own affiliate marketing courses, Jeff promoted companies like Wealth Masters International (WMI), Carbon Copy Pro, My Hidden Pages, My Online Business Education (MOBE), Aspire, and Digital Altitude, all of which have gone out of business; some of which were shut down by the FTC for being “coaching investment schemes.”
When Jeff was 23, he began his digital entrepreneurial career but he wasn’t sure how to sail higher. When he was 29, after many years of trial and error, he was finally able to achieve internet success.
However, one of those businesses incurred a $500,000 debt for him, which was paid off in just 18 months. Learning from over a decade of running successful internet companies, and earning spots on the INC 5000 twice, Lerner now focuses on motivating and teaching other entrepreneurs.
From 2018, he began teaching entrepreneurial skills to well over 150,000 students through ENTRE Institute.
He also founded 2:20 Investment Group, LLC, a real estate-focused company that owns properties in a variety of states including Texas, Utah, Georgia, and Ohio. Additionally, he has founded several companies, such as WHAMmobile, a mobile marketing company; Xurli, a digital agency; Entresoft, a full suite of business tools; and Entre Institute.
Jeff Podcast and YouTube
Lerner opened his podcast Unlock Your Potential (formerly known as Millionaire Secrets) on 6 April 2020. The podcast talks of his success stories and interviews with successful people who have taken a non-traditional path to wealth, abundance, and freedom.
Lerner has successfully produced 190 episodes as of November 2021. He also has a YouTube channel on which he posts podcast content, educational videos about personal and financial growth, and more.
Is Jeff Lerner A Scam?
Jeff Lerner is most definitely not a scam as many has assumed. The Entre Institute he founded offers guidance to entrepreneurs on how to expand their businesses in the digital world.
Apart from being a prolific founder, Lerner is known for his problem-solving approach and has built multiple businesses that generate well over 8 figures in income.