Tuesday, September 4, 2012
Wealth Masters International - Home Business Review
Wealth Masters International can be properly evaluated to determine if the business opportunity is a scam or not. Please keep in mind that with any business opportunity at home, and the company's independent distributors are competing for the dollar commission.
Regardless of how good business opportunities at home may seem, there are two things you must do well to succeed. I'll get to just two items, do a quick review of Wealth Masters International.
Company: Wealth Masters International is a direct selling opportunity offering a very expensive education, services and guides to personal finance to its members. The company was founded by Kip Herriage.
Product: The company offers financial courses and access to the conventions referred to as M1, M2 and M3. These courses and conferences, where you can learn the financial principles and presumably gain access to investment opportunities reserved for the wealthy elite. There are no hard facts about what we can learn from each course. M1 at a price of $ 1997 is a training course consists of manuals and DVDs. M1 and M2 costs $ 8995 you children with a four day conference, private wealth. M3 is priced at $ 19,995 and combines M1 and M2 with a 5-day ultra-exclusive conference wealth creation. Becoming a member allows you to try and sell these services to other members of the same people who in turn want to do the same.
Compensation Plan: The compensation plan is a 2-level plan that you are doing affiliate commissions from your personal sales and bonus overrides on sales from those who personally sponsor. Although said to be the residual income, commissions are generated from sales NEW from different customers.
Scam Rating: Wealth Masters International is extremely vague on exactly what you're getting out of financial education and access to financial services that the rich elite uses every day. It is said that the compensation plan offers residual income. However, the residual income is that obtained with minimal effort and every month. Since they do not earn unless you or your personally sponsored distributors make new sales, it would seem that the compensation plan does not offer a residual income.
How can you avoid feeling scammed by the Wealth Masters International business opportunity?
As mentioned previously, there are two things you should do well in a home business to succeed.
1) enhance the prospects and business associates around you in your home business.
2) Learn to drive targeted traffic to your You Inc, and qualify your contacts on auto-pilot .......
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