HUSTLERS University, created by Andrew Tate in 2021, allegedly makes the controversial influencer $120 million per year.
But is Hustlers University legit and what is the cryptocurrency module?
What is Hustlers University?
Hustlers University is a series of online courses created by Andrew Tate that promise to teach high-paying skills which can then be turned into sources of wealth.
The idea is students make money through side hustles and can then escape working the nine-to-five – or as Andrew Tate calls it, “escaping the Matrix”.
Andrew Tate says: “I grew up broke and now I am a multi millionaire. I teach the deserving the secrets to modern wealth creation.”
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The website reads: “Hustler’s University 4.0 is a worldwide community of over 160,000 plus active members learning from a select network of experts in freelancing, cryptocurrency, investing, and business.
“Founded in 2021 by Andrew ‘Cobra’ Tate, we grow stronger every day while traditional education becomes less and less relevant.”
Tate’s goal is to help people start making money online as fast as possible.
Hustlers University is all hosted on Discord where users have access to voice calls, instant messaging and video chats.
The course costs $49.99 a month.
Users choose a skill, such as copywriting, freelancing, e-commerce or Amazon FBA.
Then once you get to six figures, the course teaches you how to multiply that with cryptocurrency or stocks.
You then learn how to scale even further by changing your mindset.
Hustlers University claims to be made for anyone that wants to learn how to make money online.
What does Hustlers University teach about cryptocurrency?
According the Hustler University, the cryptocurrency category “is focused on attacking the world’s highest-performing asset market from 3 investment angles: long term, medium term, and short term.”
Andrew Tate says Hustlers University “will help you identify which style of investing is best suited to your personality, financial status, and investing time horizon.”
Students can learn the basics of cryptocurrency or improve their knowledge with expert analysis and tutorials.
Hustlers University claim “the professors are all verified millionaire crypto traders, you can’t lose by following them.”
To get started Hustlers University say you need $1000 to copy professors’ trades, $5000 to be a part time trader or $50,000 to be a full time trader.
The website reads: “You can start with Crypto with $10 if you wanted to, but it won’t get you very far.
“Sure, you could hit a 100x and keep multiplying it, you could also lose it all if you aren’t careful.
“It’s better to build a cash flow in another discipline before investing heavily in crypto, although, anything you do have, you can just copy the Professor’s trades and increase your stash.”
Student Aden Rao said on TikTok: “I signed up about a month ago.
“There are a lot of topics that you can learn from which is good.
“I chose crypto because I trade, so I’ll be able to judge if the information is good or not.
“And it’s pretty bad.
“A lot of the lessons are just text that you have to read through.
“There are videos, but the videos are just screen recordings with a low-quality voiceover from the ‘professors.’
“The information in the videos could be way more concise.
“In my opinion, I think if you are new to trading, I’d be really really confused after taking this course.”
What are Andrew Tate’s opinions on cryptocurrency?
Despite having cryptocurrency as a core category for Hustlers University, Andrew Tate has conflicting opinions on digital currencies.
He said: “If you ever tried to send a million dollars, which I’ve done through a bank, you will see the levels of bullshit you have to go through.
“It’s my money that I made and I’m sending it to somebody.
“But I have to go through weeks of papers and questions and garbage.
“And it bounces back and it’s blocked, then, new pieces of paper and letters from tax authorities and interviews.
“Whereas with Bitcoin, I press two buttons, it costs me 35 cents and it’s done in three minutes.
“And there are too many people with a lot of money, who are tired of banks.
“That’s why Bitcoin will never go to zero.
“Because there are too many people with a bunch of money who do not want to be playing these games, whether they’re criminals, or if they’re legit.
“The banks just don’t like that I’m trying to move my money.
“You’re giving me questions? That’s why Bitcoin will never go to zero.”
READ MORE: The story behind Tristan Tate’s net worth: How the former kickboxer turned influencer made millions from cryptocurrency
But Tate has also spoken out negatively about some cryptocurrency ‘investors’.
He said: “I was talking to a young guy the other day.
“When he was 22, he caught a crypto pump and made $4 million in the last bull run.
“A crypto pump doesn’t teach you anything. He didn’t learn sales, marketing, staff management, stress tolerance, anything.
“Now he’s just gambling on coins waiting for the next one to pop.
“He’s pointless, his ass is never going to want to get a real job and he doesn’t have any skills.”
He added: “It’s amazing how heavily people are leveraged into this crypto stuff.
“So, if you get to a point in your life where you have to sit and look at a number on the screen?
“And pray it goes off? That’s ridiculous because you’ve removed your own control and your own power from your own life.
“There’s a degree of luck involved at all things.
“I’m not the kind of guy who wakes up and goes, ‘I need to check this number because it’s not high. I’m in trouble.’ That’s ridiculous.”
Is Hustlers University legit?
Hustlers University is legit.
You do get online courses about various industries including cryptocurrency as part of the $49.99 you pay monthly.
But the real question is, is Hustlers University worth the $49.99 a month.
Each Discord channel has an ‘expert’ who teaches topics, such as cryptocurrency trading, using videos and infographics.
Andrew Tate claims: “Every professor is verified by me personally.
“Each one of them is making anywhere from 10k to 500k a month in their select field”.
Ultimately, the business model is simple: Get students in, get them to promote ‘Hustlers University’ and then pay them commission on everyone they get to sign up.
The information on the Hustler’s University is not very high level and can be found elsewhere online for free.
Despite Andrew Tate claiming multi ‘students’ have made millions from the teachings at Hustlers University we are yet to find them.
But if Tate’s claims of 200,000 paid users are true, at $49.99 a month this would net him around $120 million per year.