Wealth Masters International Review

Business Review: Wealth Masters International (Wealth Masters International) was founded by Kip Herriage and Karl Bessey in 2005 to help individuals create and preserve wealth. Kip Herriage was a Wall Street golden boy who amassed a fortune as a high-powered money manager and investment advisor with some of the world’s largest financial services organizations. Bessey is a former coalminer who became a network marketing superstar.

Herriage threw in the towel and gave up the high-income/high-pressure Wall Street game in favor of a better quality of life. Two underground disasters that touched Bessey personally drove him from the mines for precisely the same reason. The two first met in 1999, and in 2004 they began planning for Wealth Masters, which was launched several months later.

The company has grown rapidly due to the nature and focus of its offerings. Launched during a relatively strong global economy, as the world economic picture declined, the Wealth Masters International offerings became even more relevant. Anecdotal reports seem to agree that the company’s financial education products are effective, from stabilizing shaky finances to launching sophisticated wealth strategies

Because the top tier MLM product line tends to be pricey, the related business opportunity can become quite lucrative—provided you can afford to get involved. A number of the company’s top earners reputedly earn well into the 7 figures annually.

The company is based in Sugarland, TX, and administers a global network of consultants.

Financial and Wealth Management Products

Wealth Masters International features a multi-tiered product line that provides significant value for anyone seeking to improve their overall financial condition. Realizing that many people are faced with less than stable personal finances, Kip Herriage and Karl Bessey decided that the reason was an overall lack of financial training.

In addition to the basic deficiencies of the educational system in this area, they also determined that most people learned about money from those who really weren’t all that qualified to teach it—family, friends, and business associates, to name a few.

They set out to not only resolve these fundamental deficiencies, but to provide the tools and strategies to create and maintain substantial wealth once basic finances had been brought under control.

The core Wealth Masters International product is the m1 Masters Program, a DVD and workbook program that promises 100% improvement in an individual’s finances, at the rate of 1% per day for 100 days. Although this claim might be difficult to prove, the information product appears solid and most people who have worked through the program indicate that it was effective. The m1 retails for $1,995. Additionally, recent reports from Wealth Masters International consultants indicate that the company is now offering a 30-day money back guarantee on the m1.

The mPOWER program is basically the m1-lite. It is the first 30 days of the m1 and is designed to allow a potentially interested prospect to get a feel for the company and its offerings without risking a significant amount of cash. The mPOWER program is offered at $295 and is the lowest priced Wealth Masters International product.

The next two offerings are not tangible products in the strictest sense—in Wealth Masters International-speak they are referred to as “tickets” because they gain access to two levels of live financial events. They are also exceptionally pricey from an MLM perspective, which of course makes them exceptionally lucrative for consultants who manage to sell them.

The m2 Wealth Conference—also called the Platinum Program—is a 4-day program focused on financial and personal growth. This tends to be a hands-on money management and investment seminar that features industry experts providing advice and cutting-edge financial strategies. An m2 ticket will set you back $8,995.

The m3 Private Wealth Group—also known as the Platinum Plus Program—is Wealth Masters International’s top tier offering. This conference is more about holistic life and lifestyle improvement as opposed to being strictly dedicated to money and finance. Typically held at an exotic 5-star resort, the m3 brings together personal growth and wellness coaches from around the world. Consultants at the m3 level represent the company’s elite members and have access to everything that Wealth Masters International offers. A standalone m3 sells for $12,995.

If you want to save some money, you can buy everything in one shot for a mere $19,995.

The Wealth Masters International Opportunity and Compensation

Because the top tier product price points are so high, there’s a lot of cash to spread around, and the company’s comp plan can become exceptionally lucrative. Top earners can routinely generate annual incomes of well over 7 figures.

A key element of the Wealth Masters International compensation model is that clear preference is given to master consultants—those who have purchased at least an m2. (It should be noted that m3 consultants gain access to additional company resources and privileges.)

The sale of an m1 nets a consultant $1,000. An m2 sale results in a $3,000 commission to consultant, but $5,000 to a master consultant. And a sale of the flagship m3 pays $5,000 to a basic consultant, or $7,500 to a master consultant.

The Wealth Masters International compensation plan provides for up to 5 levels of revenue sharing, making its geometric scalability impressive. Company literature claims that the compensation plan includes 10 different passive income streams for master consultants.

All in all, it is a lucrative plan, provided, of course, that you are capable of selling big ticket items to high net worth individuals.

Expert MLM Opinion about Wealth Masters

Our bottom line recommendation is that Wealth Masters International is clearly not for everybody. If you are tight on cash or are trying desperately to extricate yourself from dire financial straits, you are probably best off looking elsewhere. Indeed, to someone in this situation, finding a more secure income stream is probably a better idea.

Wealth Masters International 7 Figure Marketing System

Wealth Masters Opportunities & Education

The Wealth Masters opportunity and education is not a panacea for every financial problem that ails you. With that said, Wealth Masters International can offer certain people an incredible opportunity.

First of all, for anyone whose finances are in disarray, the m1 information product can help to correct existing problems. The caveat, of course, is that it’s not a magical cure—to benefit from the m1, you actually have to study the course and then put the material to use. If you find yourself in this situation, buy the m1 for its intrinsic value—in terms of financial education—and don’t even think about the Wealth Masters International business opportunity until you are in better financial shape.

At bare minimum, to realistically take advantage of the Wealth Masters International business opportunity, you should have a net worth of at least $35,000—and this is a bare minimum. If you have to borrow this money, your risk goes way up. You would need to spend about $20,000 on the combined m3 package, and then commit another $15,000 to marketing. If you do this right, it is quite possible to recapture your initial investment in the first year of business.

Of course, to really leverage the value of the Wealth Masters International wealth creation and preservation strategies, you should also have money to invest. Learning what to do with your first $15,000 means little if you don’t even have $15,000.

When you sign up with Wealth Masters International, you will become part of a team, a society of fellow Wealth Masters International members. Most of these teams rely heavily on structured Internet marketing systems to create leads and convert sales. But be careful here.

Most people shopping online for business opportunities have no intention—or even the capability—of spending $20,000 or more for their new enterprise. And one of Wealth Masters International’s top earners says that it takes 10,000 raw Internet leads to yield 1 m3 sale—that’s an astounding number.

On top of that, getting the lead is only the first step. To make money selling Wealth Masters International, you need to be able to tell the Wealth Masters International story convincingly enough to get people to give you $30,000. Not everyone can do that. In other words, before you make any commitments, make sure you know how you plan to generate leads and whether you can successfully sell to them.

The Wealth Masters International product line has intrinsic value, at least so far as any solid educational product does—you have to consume the information and put it to use. But selling the Wealth Masters International product line on a limited budget carries with it significant risk. In fact, the risk of the Wealth Masters opportunity is indeed inversely proportional to net worth—the lower your net worth, the greater the risk.

The bottom line is that the Wealth Masters International program is best suited for individuals with a solid net worth who have a personal network of people with similar financial strength. High net worth people with high net worth friends will do even better. Selling Wealth Masters International products to colleagues you already know, face-to-face in the club or on the golf course is a lot easier than trying to convince someone you’ve never met over the phone.

Wealth Masters International isn’t the right MLM opportunity for everyone. But for people with at least some money to invest and a circle of friends in the same situation, Wealth Masters International could easily become a perfect fit.

Wealth Masters International COUNTERPOINT - By Kerry Lohrman

Is Wealth Masters International a viable business opportunity? For some people, it probably is. For many, probably not. But are the Wealth Masters International products worth the money? In short, does the company provide true value? The answer here is clear, especially now—absolutely.

With the world economy apparently on the brink of another global meltdown, anyone with any wealth whatsoever to preserve is worried about what the future holds. We’ve all been burned once. The world’s economy lost trillions of dollars in wealth the last time around. And now, it looks like it’s going to happen again.

From my point of view, it’s worth a $30,000 investment just to hear what Kip Herriage and his smart band of brothers have to say about all of this. Herriage is certainly spewing a message of impending doom, but he also backs it up with actionable strategies to mitigate the impact. More importantly, based on a superlative track record, his strategies seem to work.

I say buy Wealth Masters for the product. Learn as much as you can about managing money, wealth creation, and most importantly, wealth preservation – now, today, as quickly as you can. The Wealth Masters International products can make that happen for you.

Become a student of your money and how to manage it. Learn how to spot opportunities—and profit from them—where others see only threats. This is Herriage’s stock in trade, and his company has become quite adept at enabling people to do this.

Where’s the cutoff? Well if you have $30K in the bank and that’s it, you should probably hang on to it. Double that, though, and the Wealth Masters International product is something you should think about. It could easily pay for itself the first year alone.

The Wealth Masters International business opportunity? Perhaps. But use their tools and strategies for your own benefit first. Become a fan—a passionate believer in the products—before you become a consultant. Because when you truly believe, the sales will happen automatically.

This is not a get rich quick scheme. It is not a panacea for a personal fiscal implosion. But it is a smart, thoughtful, and very informed approach for building a rock-solid financial fortress that will provide security and peace of mind for you and your family for generations to come.

Nobody wants to see a financial legacy turn into a loss. We saw that happen far too often the last time around. But the only person who can absolutely prevent that from happening is you. And Wealth Masters is an excellent resource if you want to achieve this goal.

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