Thursday, June 28, 2012

Wealth Masters International - Scam Or Legitimate opportunity

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If you're out shopping for a new company to sign on to, there are some very specific things that you need and want to know. Effect along for a tell of Wealth Masters International.

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How is Wealth Masters International - Scam Or Legitimate opportunity

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Who's Running the Company?

Kip Herriage founder and Ceo of Wealth Masters International, a Texas based company, incorporated in 2005. Kip's background is in the finance industry with 15 yrs spent on Wall Street. Karl Bessey, Predident and Co-Founder of Wmi has a very distinct background. He was an hidden coal miner in Utah for 22 yrs before becoming complex in the Mlm industry.

Kip and Karl founded Wmi with the foresight "to create success and wealth in others, one person at a time.

What Is The Cost To Join?

Wealth Masters International is broken down into three courses: m1, m2 and m3. The m1 policy is sold for 95, m2 for 95, and m3 for ,995. You are not required to buy the m1, m2,or m3 products to become a consultant with Wmi. You have the option of selecting to pay 9 to become a annual consultant for Wmi. If you conclude on this option, you will be passing up your first 3 sales and the sponsorship of those population to your sponsoring consultant. Following the third sale and member pass up, the "newbie" is now "qualified" and enters the Wmi compensation Plan as a "Consultant". The 9 fee is a small price to pay comparatively to the ,000 price tag, but you are required to pass up your first 3 sales along with sponsorship. From there the company model is similar to that of an Mlm company. If you are not great to receive unavoidable percentages of your sales yet, then they are passed up to your sponsor.

Wealth Masters International recommends joining with their "platinum plus program" which consists of all three courses and is priced at ,750.

What If whatever Makes This company Stand Out From The Rest?

Wmi is a new company without the long term backing of other companies. We are yet to see if they will even be colse to in 5 yrs or end up as the next online scam. A few of their products available are repairing you credit, education of the family, incorporating your business, etc. One major draw back is that the products are distributed by mail rather than fully online. Internet automation just cuts down on a lot of paperwork hassle. At this point the company consists of a lot of Big Mlmer's who have switched over to test the direct sales water.

So in the end what genuinely stands out about this company is a couple of things. You Do Not get to keep 100% of the commissions. You will be Continually passing up money to your upline over and over again. But the truly shocking thing is the price tag to sign up. If you are going to spend ,000 on a program, you great make sure that the returns are immediate, and that you have all the withhold in the world from your sponsor.

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