Note: While I am an affiliate to Blinkist and other alternatives, I am not an affiliate for Mentorbox, nor do I ever want to be. Which you’ll understand by reading this review.
If you read blogs like this, you’ve probably been inundated with ads for Tai Lopez’ new venture, Mentorbox. I know I have.
Mentorbox is a paid summary subscription that is designed to help you ‘reading like a CEO’ and ‘connect with authors’.
In this article, I’ll look into Mentorbox and give an honest review.
Before we start, personally, I don’t like the Mentorbox platform at all. Their messaging is scammy, it is too expensive for what it is, there’s a lot of pricey upsells and there are a lot of alternatives that are a lot better for similar prices or even cheaper.
Having said that, I’ll try to keep my personal prejudices out of this review (until the rant at the end).
In this section, we’ll break down what Mentorbox is, pricing, the pros and cons, and alternatives.
What is Mentorbox?
How about a membership service that will get you reading like a CEO?
With book summaries from the authors themselves, for as little as $7 a month, you can read twice as much in half the time.
Sounds pretty good, hey…
Well, that is the promise that Mentorbox makes its customers with the help of their monthly membership.
With video and audio summaries of some of the best non-fiction books out there, you can speed read through multiple books every month and take in some of the biggest lessons in a fraction of the time.
What is included in your Mentorbox subscription
There are two subscription plans that you can sign up to with Mentorbox, a digital or a physical box.
The digital subscription is the $7 option and includes the following:
- Access to the online learning platform where you can look up a heap of books and read their key lessons
- Over 500 hours of video lessons
- Audio recorded summaries of many many books
- Workbooks you can download
- Cheatsheets to help with memory
- other relevant study materials
- Private Mentorbox mastermind group (a Facebook group)
The physical subscription is a lot more expensive (see below)
In the physical box, you get a lot of physical copies of all the study resources along with physical copies of the books.
How much does Mentorbox cost?
While there is a three-day free trial for either, Mentorbox has two different subscription models.
The basic program is supposed to be $7 a month, however, there has been mention of the company overcharging customers (more about that later).
Anyway, there is also a physical box subscription, which is crazy-expensive for what it is.
The thought of paying $1,499 a year for what’s ultimately 24 books and summaries you can find for next to nothing online seems crazy to me.
Okay, so my ‘keep my prejudices to myself’ goal hasn’t really worked out yet. However, as with all book summary services, there are some great positives about the service.
For starters, book summaries are a great way to get the key concepts of books. I find that I often read an entire book and only take away one or two key lessons.
If you don’t have the time to develop a reading habit, or you don’t enjoy reading, then condensing your learning by reading summaries is a great alternative.
Furthermore, a book summary is also a great way to read the nuts and bolts of the book to see if it is worth committing to reading the entire thing.
From what I’ve seen in the author videos, they’re not as engaging as you’d like to imagine. They look too scripted and awkward. I would rather a PowerPoint presentation rather than the author staring into the screen trying to hide the fact they’re reading their notes.
Also, I definitely feel as though each author is selling you to go and try their course or to go out and buy their books. At times it almost feels like you’re paying a membership fee just to be sold to again.
To add to that, from what I can see, the $7 option is very basic and the selection of books isn’t that great. However, the physical subscription is ridiculously overpriced.
Finally, the messaging of the whole business feels very scammy, with phrases like ‘what if you could achieve everything you ever wanted in your business or job?’ getting thrown around more than I am comfortable with.
The thing is, there is a great benefit to reading books and book summaries, but that is only a small fraction of what you need to do in order to be successful in anything.
After all, if all you needed to do to become wealthy was read ‘Think and Grow Rich’, then there’d be a hell of a lot more millionaires.
Companies like Mentorbox that imply that all you need to do is read a few book summaries and achieve everything you ever wanted end up making the rest of us look like scammers too.
And, there’s the thing I mentioned earlier before about Mentorbox overcharging their customers.
Wait… what do you mean they’re overcharging?
Checking online, there have been a few reviews and comments stating that the Mentorbox guys have been overcharging customers and generally getting up to no good.
Now, keep in mind that there is no way I can confirm if these comments are at all true. However, the information is out there to read from many sources on a lot of different websites, so I feel as though it belongs here.
Here are a few of the comments that I found online:
Now, don’t get me wrong… while I am not a fan of Mentorbox, I believe that book summaries can be a great tool for business owners.
If you want to read short summaries of books, then check out our collection, which is constantly being updated.
If you haven’t picked up on it by now, I don’t recommend purchasing Mentorbox, or even the free trial.
Not only are they blowing smoke up the butt of anyone who visits the website with their messaging, but they’re also seemingly ripping numerous customers off with overcharging and avoiding responding to cancellation emails.
If even half of the comments I read were true, then you need to stay away.
You’re far better off trying Blinkist for free and seeing if you like that.