20.6.12

Is Wealth Masters International The One Fortunate Plan For You?

By Ryne Nielson


Wealth Masters International (WMI), started on 2005, was founded by Kip Herriage and Karl Bessey, is based out of Texas. It is basically a financial management course with proven network marketing techniques, from the founder experiences. Kip Herriage has financial experience of 15 years in Wall Street and Karl Bessey was a coal miner for 22 years who later became an international top marketer of some successful direct sales company. Together they shared the dreams to start a company which could help others clear the debts, increase the wealth and live a life they dreamed about.

So, what is WMI all about? It is a network marketing company which also provides financial management courses. You could make acquaintances and customers online, with the guidance of Wealth Masters program. WMI would guide you through the process and provide with handy techniques to get customers, both online and through physical means. The program is not just all about financial management, but also provides courses for well-being and health diet of an individual. So, it has multiple benefits.

Having said that the initial investment is huge for WMI, compared to other home business, you would be wondering what exactly the amount is. The amount of the three products and initial set up, sums up to $26,840. In addition, you would have to pay $2,857, for the associate position and to retain the subscription.

The third product, M3 Lifestyle experience, comes at a price of $12,995, is again for an individual. This is a second financial education conference, held at a luxury spot outside United States. Some of the same speakers re-appears in this conference, but is more focused on the health, wealth and wisdom.

A one time purchase of products M2 and M3 is required to gain commission from the sales of these products. This is unusual compared to other home business, as the others allow the members to participate in all levels, without mandating the purchase of all the products offered. Also, there is an enrollment fee of ninety-nine dollars and the required WMI site fees of fifty dollars. All these fees together makes WMI, the highest start up cost home business venture.

Once decided to go with WMI, you could choose to become a member : with access only to information, but no access to marketing income, or you could choose to become a consultant with access both to information and marketing income.

You would have to get yourself into the program to get the profit out of it. The general comment received about WMI is the lack of constant support from the people who have enrolled in the program. If you are a quick learner, you would be able to make out the most from the products and make a fortune. If you are rather a slow learner, you could better check out other options to invest your money.

The compensation received from Wealth Masters International is from the referrals and commission of the sales. As, in any MLM business, the profit is divided between the consultant and sponsor. To get a steady income from Wealth Masters International, you would have to market yourself and generate business.




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