Wealth Masters International (WMI) is a company located in Texas, founded by Kip Herriage, a man whose background is in the finance industry, with a 15 year experience on Wall Street. He and his associate Karl Bessey founded WMI in 2005, having the dream “to create success and wealth in others, one person at a time”.

WMI is set up to be a financial education business. Their products consist of a line of financially-related lessons and congresses: the “m1″ Education Course (Masters’ Program) is a economic education course that contains a collection of books and CD’s on topics such as financial planning, incorporation, asset protection, estate planning, tax strategies, to help you handle your private finances and attain your financial goals. The “m2″ module (Wealth Conference) promises to provide you with any tools needed to multiply your earnings, through investment training and access to the experience of world-renowned financial experts. The “m3″ (Private Wealth Group) shows you 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 boost your level of personal and financial success and how to live your life of entire success and abundance. Their “Alliances”, which are basically referrals to professionals with a proven track record in their field, can be considered a second WMI product line.

Well, get ready to give your best guess of how much you would spend on this teaching and hold your breath, because I am about to translate 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 comes at the price of $12,995 for one individual.

OK, you can breathe out now, because, from my point of view, if these programs are affordable for you, it is all about trust from now on: do you trust that these lessons give in exchange at least the value of the money you put in? Then, give it a try.

If you have decided on taking the WMI path, the next step is to select how to join them: as a member (access to the information, but no access to WMI’s marketing opportunity) or as a consultant (access to the income opportunity as well).

As with any MLM company, profit is obtained from product sales and referrals. Percentages will be shared between you and your sponsoring consultant, though. The rewarding plan is a two-level plan. Consultants collect payment only from their own efforts and the work of of their directly sponsored consultants. Plus, there’s no residual earnings opportunity. The only passive earnings can be made from the override commissions of directly sponsored consultants, but there’s a condition attached to this: the consultant should realise at least one sale monthly for for ten months out of twelve. Plus, in order to earn commissions from selling 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 an optimistic way, thinking of the freedom to consider any of the good marketing systems that currently govern the internet. If you haven’t worked with any online marketing system until now, there’s always the choice of finding yourself a good internet marketing advisor to guide you through the process and show you good marketing strategies that can help you get the best of any MLM company you may choose later on.

For more information on Wealth Masters International, as well as other successful MLM companies, visit Jim Chao’s WMI Review. Jim is a young talented internet marketer who is willing to share with you his methods to grow your business online.

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