The classes are live, but are basically just a series of pre-recorded videos that you watch along with your classmates and have limited time to discuss afterwards. Nearly everything done outside of that class (if you choose to pay extra) is an automated series of emails that you work on alone.
The teachers (Amy & Alex) are night and day. Amy is the ringleader. She is very pig-headed and will not tolerate ideas that do not fall inline with hers. She is quick to belittle people in front of the entire class and has zero patience. Alex is very helpful, easy-going, and open to exploring all ideas. Both seem to be extremely busy outside of the 30x500 world (with other businesses, vacations, and/or personal activities), so don't expect much interaction with them outside of the live classes. They are quick to respond up until the point where you've paid. But, their interest drops off pretty steeply after that point.
Is this a scam? No. But, it's not a silver bullet either. It does teach a few important concepts that are probably not so obvious to many people. The real trick is figuring out how to apply them yourself.
I think this class would be best delivered as an eBook -- since the teachers seem to want to fully automate most of it anyhow. I'm guessing live classes have more money-making potential though.
Note: I took this class in February. Amy kicked me out mid-course for no apparent reason (she would not respond to me, so I really don't know). I had to contact my credit card company to dispute the charge and get a refund. The little bit of knowledge that I did gain was surely not worth the time, money, or hassle involved. Buyer beware.
Thanks, you just saved me 2k. Please write up a blog post, you may save others.
Regarding "only actually familiar with selling online scams" – they don't live of www.30x500.com but of http://letsfreckle.com/
There's gotta be an official name for these. That skinny page with varying font sizes of text images or embedded youtube videos encouraging you to buy/ act now / sign-up for their free newsletter til a big call-to-action at the bottom after scrolling for 10 minutes?
Those pages convert shockingly well. If you follow A/B tests and don't care about aesthetics, that's often where you end up.
There is; long copy sales letters
Personally I don't see the value in it but I'm fairly sure that others do. Calling it a scam is not nice. It also would require that you label lots of other things scams as well if you want to apply the same principle to teaching-for-money.
Probably I'm operating a scam (after all, what's the use of telling people things they already should know about the companies they're about to invest in for a fee) as well in your book.
Nobody forces you to sign up for that course, if you don't see the value, don't do it. And if you did sign up for it and you felt it wasn't worth your money then write about it or talk about it. Maybe ask for your money back. Lotteries are borderline scams, 419 schemes, pyramids, MLM, those are all scammy (as are sites that claim to sell you an article when in fact they sell you a subscription).
30x500 is not a scam by any definition that I'm aware of.
Please provide evidence to the contrary, nothing is wrong with teaching people how to run a business for a fee, and if not all of them become millionaires but the course providers to then that's business as usual. Evaluate the course, state what's wrong with it and how it could be improved.
(I have no dog in this particular race but I don't like such terms to be used lightly, especially not about other forum members without there at least being some actual evidence.)