If you are looking for a Wealth Masters International Review you are looking to find out if it is a legitimate opportunity and what it would actually take to make money with the opportunity! You probably know the basics of the business, so you really need to know if it will work for you as a home based business option. The following Wealth Masters International review will go over the legitimacy of the business and explain exactly what you would need to do in order to make money with the Wealth Masters International compensation plan.
Wealth Masters International Review
First off, Wealth Masters International is not a scam. They do ensure to comply with all the rules for any MLM or network marketing company. They don’t require you to purchase products to participate (although they do try to make you do it by offering huge incentives), and you only earn money when a PRODUCT changes hands (not just for signing someone up!).
That being said most of these educational, expensive conferences type MLM companies do tend to run into legal trouble at some point in their business. This is because selling education of any kind has a subjective value. There is no clear way to value the products. When a network marketing company has products in the thousands of dollars (conferences, etc), and they give thousands back to their distributors in commissions it raises concerns as to the actual value of the product. In simple terms this means, is the price of the product inflated JUST to give good commissions to the distributors? That is up to you to decide.
Wealth Masters International Review – The Money!
How do you earn a good income with Wealth Masters International?
The compensation plan for this company is a blend of MLM and “top-tier”. This means that you get paid both high commissions on any big product sales that you make and you also get paid a few levels deep to generate some residual income. The downside is their qualification process (i.e. how to get paid levels down) means you have to have people below you qualifying. You aren’t going to make any residual income until your team members are really becoming successful. So most people make their money and focus on the high upfront commissions the company offers.
What will you have to do to make money??
1. Belief in the products!
You will have to know and love the products themselves in order to sell them yourself. This means investing in as many of the products as you can! The upside is the products are financial education, which is something most people can really use these days. The downside is that it can cost a lot for you to fully capitalize your business as the prices go very high, very fast.
2. Be an Amazing Salesperson
Most people getting into an MLM don’t have great sales skills. You will quickly have to learn how to sell people on purchasing big products so you can get the higher commissions. Many people will only purchase the most expensive products as a way to invest in their business (and get automatic higher rankings for six months). Some people will heavily invest, but not do the work necessary to become a success and never make back their investment. You need to be sure that you have a strong stomache and won’t feel personally responsible for your team. These kinds of programs have a huge payoff for those who are successful, but can lead to huge debt for those that aren’t.
If you aren’t a great salesperson, or aren’t ready to invest heavily in your business then Wealth Masters International may not be for you. If you are, then it could be a great option.
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