What Is Wealth Masters International? – Would It Work for Me?
I always like to begin a discussion with a question. The question the comes to my mind is: Why are you asking about Wealth Masters International (“WMI”)? Do you have financial difficulties that are causing you to seek out knowledge about building wealth or investing? Are you, perhaps, looking at this company as a business opportunity? If so, is it about the products, the compensation plan, your image or something else? Let’s examine a few things to help you in getting your answers.The CompanyWMI was formed in 2005, not that long ago really. Obviously, it was founded before our recent stock market crash. The owners are Kip Herriage and Karl Bessy. What’s important about Kip is his experience and knowledge in investing and building wealth. Karl, on the other hand, is an expert in building network marketing businesses. So, they decided to build a new company that offered financial expertise and training as its product(s) using networking marketing as the vehicle to offer them.The Product LineThe products offered by WMI are considered top-tier products in the network marketing industry because they are relatively expensive compared to, say, a line of products you might compare to things you could buy in the grocery store. Their first program is called the m1 Masters Program which includes CD’s/DVD’s, journals, alliances with investment partners, on online curriculum and the assistance of a personal mentor. (They’ve recently introduced a 30 day trial offer called their academy.) Their second and third products are all about attending conferences for several days to, ostensibly, learn more about wealth creation/protection from experts who speak at these conferences. Each of the products are progressively more expensive. That’s good and bad for people who join, depending on whether or not you are using this vehicle as a business opportunity. If your objective is one of resolving your financial difficulties but not becoming involved in this business, you have to ask yourself if what you pay for this information is worth it. Some who have purchased it say it is, others not. You also have to ask yourself what your time is worth, if you decided to seek out this information on your own.The Business OpportunityHere’s where you might find that having a relatively pricier product can be advantageous. In most network marketing companies, the amount of money you can make early in the process is pretty limited. If you need a full-time business, you may have to wait quite awhile before making real money. If, on the other hand, you have a product line that allow you a significant commission with every sale, along with a residual component, then you can start to make real money very quickly. That is, of course, if you can market and sell properly. Wealth Masters International’s product line allows that type income opportunity. Furthermore, they encourage both off-line and on-line techniques to market their products. Realistically, if you don’t properly use the internet to get prospective customers to call you, you won’t be successful in the long run.So, learn how to properly approach this enormous community of people who are looking for the right opportunity.
