Wealth Masters International (WMI) is a Texas based company started by Kip Herriage, a man whose background is in the finance industry, with 15 yrs spent on Wall Street. Together with his associate, Karl Bessey, he founded WMI in 2005, having the vision “to create success and wealth in others, one person at a time”.
WMI is made to be a financial education business. Their products incorporate a line of financially-related courses and conferences: the “m1″ Education Course (Masters’ Program) is a financial education course that contains a series of books and CD’s on issues such as financial planning, incorporation, asset protection, estate planning, tax strategies, to help you handle your private finances and reach your financial goals. The “m2″ module (Wealth Conference) promises to provide you with the necessary tools to increase your income, by means of investment guidance and access to the experience of world-renowned financial experts. The “m3″ (Private Wealth Group) invites you in luxurious retreats from all around the world, to attend an annual event where “top international personal growth coaches and wellness experts” are supposed to teach you how to increase your level of individual and financial success and how to live your life of complete prosperity and abundance. Their “Alliances”, which are mainly referrals to professionals with a proven experience in their field, can be considered another WMI product line.
Well, get ready to give your best estimate of how much you intend to spend on this schooling and hold your breath, because I am about to transform all courses into figures: the price for the entry-level product, m1, is $1995; the second level product is sold for $8,995; the m3 lifestyle experience is offered at the price of $12,995 for one individual.
OK, you can breathe out now, because, from my point of view, if these courses are affordable for you, it is all about trust from this point on: do you trust that these lessons offer in exchange at least the value of the money you put in? Then, give it a try.
If you have made up your mind on taking the WMI path, the next step is to decide on how to join them: as a member (access to the courses, but no access to WMI’s marketing opportunity) or as a consultant (access to the business opportunity as well).
As with any MLM company, earnings are collected from product sales and referrals. Percentages will be divided between you and your sponsoring consultant, though. The rewarding plan is a two-level plan. Consultants obtain payment only from their own work and the work of of their directly sponsored consultants. Plus, there’s no residual profit opportunity. The only passive earnings can be made from the override commissions of directly sponsored affiliates, but there’s a condition attached to this: the affiliate should realise at least one sale per month for 10 months out of 12 in a year. Additionally, in order to earn commissions from sales of the M2 and M3 products, a one-time acquisition of each of these products is essential. So, even if there are really high profits from product sales, the rewarding system has its minuses.
As for marketing systems, they don’t have an embedded one; you can take a peak at this in a positive way, thinking you are free to prospect any of the good marketing systems that currently govern the internet. If you haven’t operated with any online marketing system so far, there’s always the choice of finding yourself a good internet marketing mentor to guide you through the process and show you successful marketing strategies that can help you get the best of any MLM business you may choose later on.
You can find more information on WMI by visiting Jim Chao’s Wealth Masters International Review. There are many great MLM businesses out there. Jim Chao is a talented internet marketer who is willing to help you find a good MLM online business.
Wealth Masters International – Can It Help You Build Wealth?
Wealth Masters International (WMI) is a Texas based company started by Kip Herriage, a man whose background is in the finance industry, with 15 yrs spent on Wall Street. Together with his associate, Karl Bessey, he founded WMI in 2005, having the vision “to create success and wealth in others, one person at a time”.
WMI is made to be a financial education business. Their products incorporate a line of financially-related courses and conferences: the “m1″ Education Course (Masters’ Program) is a financial education course that contains a series of books and CD’s on issues such as financial planning, incorporation, asset protection, estate planning, tax strategies, to help you handle your private finances and reach your financial goals. The “m2″ module (Wealth Conference) promises to provide you with the necessary tools to increase your income, by means of investment guidance and access to the experience of world-renowned financial experts. The “m3″ (Private Wealth Group) invites you in luxurious retreats from all around the world, to attend an annual event where “top international personal growth coaches and wellness experts” are supposed to teach you how to increase your level of individual and financial success and how to live your life of complete prosperity and abundance. Their “Alliances”, which are mainly referrals to professionals with a proven experience in their field, can be considered another WMI product line.
Well, get ready to give your best estimate of how much you intend to spend on this schooling and hold your breath, because I am about to transform all courses into figures: the price for the entry-level product, m1, is $1995; the second level product is sold for $8,995; the m3 lifestyle experience is offered at the price of $12,995 for one individual.
OK, you can breathe out now, because, from my point of view, if these courses are affordable for you, it is all about trust from this point on: do you trust that these lessons offer in exchange at least the value of the money you put in? Then, give it a try.
If you have made up your mind on taking the WMI path, the next step is to decide on how to join them: as a member (access to the courses, but no access to WMI’s marketing opportunity) or as a consultant (access to the business opportunity as well).
As with any MLM company, earnings are collected from product sales and referrals. Percentages will be divided between you and your sponsoring consultant, though. The rewarding plan is a two-level plan. Consultants obtain payment only from their own work and the work of of their directly sponsored consultants. Plus, there’s no residual profit opportunity. The only passive earnings can be made from the override commissions of directly sponsored affiliates, but there’s a condition attached to this: the affiliate should realise at least one sale per month for 10 months out of 12 in a year. Additionally, in order to earn commissions from sales of the M2 and M3 products, a one-time acquisition of each of these products is essential. So, even if there are really high profits from product sales, the rewarding system has its minuses.
As for marketing systems, they don’t have an embedded one; you can take a peak at this in a positive way, thinking you are free to prospect any of the good marketing systems that currently govern the internet. If you haven’t operated with any online marketing system so far, there’s always the choice of finding yourself a good internet marketing mentor to guide you through the process and show you successful marketing strategies that can help you get the best of any MLM business you may choose later on.
You can find more information on WMI by visiting Jim Chao’s Wealth Masters International Review. There are many great MLM businesses out there. Jim Chao is a talented internet marketer who is willing to help you find a good MLM online business.