Over the last few months, I’ve been hearing about a relatively new Network Marketing company called Wealth Generators. I decided to put this third party Wealth Generators Review together to help people looking for more information. In fact, if you stumbled upon this article you’re probably thinking about joining and you’re doing some last minute research. If that’s the case, you’re in luck. In this review, I’ll cover who Wealth Generators is. I’ll also cover in details their compensation plan so if you’re truly serious about becoming a distributor, you’ll have all the essential details you’ll need to make an informed decision. Lastly, I’ll go into whether Wealth Generators is a good business opportunity and what it will take to succeed. I do want to disclose that I am not a distributor myself. Nor am I a customer. This is especially good for you since I’ll be giving you a truly unbiased perspective of the company since it really doesn’t matter to me whether you join or not.
Who Is Wealth Generators?
First things first, let’s go into who the company is. Wealth Generators is a company that sells investment strategies and money education through a network marketing business model. Their goal is to “bring Wall Street to Main Street” and help the masses benefit from investing their money into the market. The company was started in 2013 and is based out of Salt Lake City, Utah. The company’s founders include Ryan Smith, Annette Raynor, Chad Miller and M. Arthur Romano. From the research I personally did, it certainly looks like their Corporate Team and Market Experts have a tremendous amount of experience. It looks like they’re positioned pretty well in the marketplace, and as long as distributors clearly don’t make ROI guarantees to customers, I can see them growing pretty big.
How Do You Make Money?
The actual compensation plan pays out several ways. What I see being promoted the most is the Wealth Club Bonuses. Why? Because it puts money in new people’s pockets pretty early in the compensation plan. The Wealth 100 Club Bonus puts $100/month in new people’s pockets just by personally sponsoring 3 active distributors. The Wealth 600 Club Bonus pays $600/month to new people who have 3 personally sponsored active distributors who each have 400 Group Volume. The Wealth 1500 Club Bonus pays $1,500/month to people who have 3 personally sponsored active distributors who each have 1,300 Group Volume. If you can take people through these bonuses over and over again, and do it with people at each level, the rest of the compensation plan will take care of itself. With that being said, the compensation plan also pays 5% residually on up to 7 levels based on your rank. Once you hit the higher ranks, you can also earn past your 7 levels and you can also participate in some Pools that company has for top producers. A very attractive part of the compensation plan is their Coded Bonus, or what they call Qualified Generator Bonus. You can earn up to $90 on every new distributor that joins your team. Coded Bonus Compensation Plans generate a lot of revenue for builders so make sure you look review this part of the pay out if you plan on building a big group.
The compensation plan is straight-forward and lucrative. Of course, if you’re serious about building a business you should review the details of the compensation plan so you know exactly how to move through the ranks.
Is It A Good Business Opportunity?
The short answer is YES. The company has solid leadership leading the way. They also have a marketable product because who doesn’t want to learn how to grow their assets. The compensation is lucrative and since there are healthy bonuses for new people in place, it’s easy to see how momentum can be built. Plus, because the company is fairly new it’s still very ground-floor so if joining a young company appeals to you, Wealth Generators might be just what you’re looking for. But here’s the deal – while all that is obviously a plus, they have almost nothing to do with your ultimate success. What will have a lot to do with your success is leads. Leads. Prospects. Whatever you want to call it. If you don’t have anyone to talk to about your new business, you have no chance of success. This is why I highly recommend that you learn Attraction Marketing. If you can position yourself online in front of people already looking for what you’re offering, you’ll have more leads you can get to. And if you can generate leads daily, and also apply solid marketing Network Marketing tactics, there’s no telling how successful your Wealth Generators business can be.