Wealth Masters International - Scam or legitimate opportunity

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

About the Company Management?

Kip Herriage founder and CEO of Wealth Masters International, a Texan company, founded in 2005. Kip background is in finance with 15 years on Wall Street. Karl Bessey, Predident and co-founder of WMI has a very different background. He was a coal miner underground in Utah for 22 years before becoming the industry MLM.

Kip and Karl founded WMI with the vision "to create success and wealth in others one person at a time.

What is the cost to join?

Wealth Masters International is divided into three classes: M1, M2 and M3. The m1 is being sold for $ 1495, $ 8495 per m2, m3 and $ 12,995. You are not obligated to purchase the products of M1, M2 or M3 to become a consultant with WMI. You can choose to pay $ 149 annually to become a consultant for WMI. If you decide on this option, you will pass your first 3 sales and sponsorship of those people to your sponsoring consultant. After the sale, and the third member to pass up, the "newbie" is now "qualified" and enters the WMI Compensation Plan as a "consultant". The fee of $ 149 is a small price to pay relative to the price of $ 20,000, but they are required to pass your first 3 sales with sponsorship. From there the business model is similar to that of an MLM company. If you are qualified to receive certain percentages of your sales yet, then passed up to your sponsor.

Wealth Masters International recommends unite with their "platinum plus" which consists of all three courses and a price of $ 20,750.

What If Everything this company makes Stand Out From The Rest?

WMI is a new company without long-term support of others. We are yet to be seen whether it will be around in 5 years or end up as the next online scam. Some of their products available are credit repair, educating the family, incorporating your business, etc. A major draw back is that the products are distributed by e-mail rather than completely online. Automation cuts internet only on a lot of paperwork problems. At this point the company is constituted by a lot of Big MLMer of which are passed to test the water direct sale.

So in the end what stands out about this company is a couple of things. Do not you get to keep 100% of commissions. You will continuously move the money to your upline over and over again. But what's really shocking is the price you pay to subscribe. If you plan to spend $ 20,000 on a program, you better make sure that the returns are immediate, and have all the support around the world from your sponsors .......