Wealth Masters International has positioned itself as a holistic life training company, helping its members to live a well rounded life. This multi-level marketing company, was founded in 2005 by two men, one an experienced money manager and the other a direct sales and experienced MLM marketer. Using their combined talents, they created a company with three basic products.
Their first product, at the entry level of $1995US is a home study course that has a one hundred day curriculum. It’s based on the Japanese idea of kaizen – taking small actions daily to experience continuous improvement. It claims to supply training in the areas in which most people have lacked education – health, general wellness and finance.
At the second level, M2, purchasers attend an intensive four days of training, education and networking in a luxury location. Featured speakers include well known success coaches and marketing trainers, and even a billionaire. The aim of the event is to further education for business success, and to develop entrepreneurial skills. This comes with a $8995 price tag.
Not everyone can pay the $12995 price tag of the third product, M3. At this level, one gains access to high net worth people in order to learn from them and create business alliances. Rather like an exclusive club, by associating with the wealthy, one can share their strategies for creating and maintaining wealth.
With the high up front costs of all three products, Wealth Masters International limits its pool of prospective customers. Those that make the investment tend to take advantage of the training provided and move up to the higher end products. As well as the initial investment, members must pay a monthly maintenance fee for use of the system and for website access.
Wealth Masters International compensates its members on two basic levels, whereby you would earn on your own sales and those of people in your first level. In order to earn on a continual basis, you must keep up a certain level of production, or your residual checks from those under you are discontinued. This means you must learn how to market both yourself and your business. There is no real opportunity to earn true residual income, which is the reason most people join MLM businesses. In addition, in order to benefit from sales of the two higher end products, one must first purchase them.
Serious and experienced marketers can earn well with this high cost program, but it will not attract the many who only talk to family and friends. To succeed, marketing knowledge and networking skills are essential, and one must develop a personal brand to attract business partners. Having a skilled mentor to teach you how to attract consistent sales can benefit one also.
The main benefit of Wealth Masters International is its continual training and support. Members may also join Carbon Copy Pro, its main marketing alliance, and sharpen their entrepreneurial and marketing skills to a higher level. Although there is the promise of high earnings, they are partially offset by high annual maintenance fees and the initial investment cost. This will limit the pool of prospective buyers.
Resources
Wealth Masters International Review
Wealth Masters Blog
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