Wealth Generators Review – Is This A Good Opportunity Or Big Scam?
In the last few weeks, Wealth Generators has been getting a lot of attention in the network marketing circles.
With all this hype, I am sure you have seen some of your friends trying to sell Wealth Generators in your social media feeds.
The first thing you need to know is that I am NOT an affiliate or distributor for Wealth Generators.
I wanted to gather all the information about Wealth Generators in my Wealth Generators Review in order for you to make a decision about joining Wealth Generators.
Is Wealth Generators legit or a scam?
Will it be able to deliver on it’s promises to you?
Let me show you in my unbiased review of Wealth Generators.
Read on to find out what you need to know.
What The Heck Is Wealth Generators?
Wealth Generators is the next multi-level marketing opportunity up for review, and this time around, we’re looking at a company that was initially founded back in 2013. Wealth Generators was established by a group of different folks, including Ryan Smith, M. Arthur Romano, Chad Miller, and Anette Raynor.
The company is currently based and being run out of Utah in the United States, and someone by the name of Kevin Gull is listed to the be the company’s President.
According to his bio that is found on the official website for Wealth Generators, Kevin Gull was formerly the President for Symmetry Global before he moved over to Wealth Generators. During his time with Symmetry Global, Gull “led the company to its highest levels of growth in several years.”
Before that, Gull supposedly launched 12 different “networking startups” over the course of just 10 years. Additionally, Gull has also had involvement with the companies Red Hat Media, NuSkin Intl, and iCentris.
Unfortunately, in regards to the rest of Wealth Generators founders, we were only able to locate a past MLM history for that of Chad Miller. From what we were able to find, Miller was previously an affiliate for the health and wellness company Yoli before making his way to Wealth Generators.
We weren’t able to find any MLM history for the other founders that are involved, so we’re assuming that this is the first time the rest of them have ventured into this highly competitive field.
So, with all of that knowledge now in mind, it’s time to take a more in-depth look at Wealth Generators as a whole to see just what it is they have to bring to the table.
What Are The Wealth Generators Products?
In regards to the product line that Wealth Generators has to offer, we aren’t looking at any physical products that we usually see. Instead, the company offers tips and tricks on trading and other activities within the stock market.
These tips and tricks come in the form of subscriptions, with each of these lessons going for $49.99 a pop. Additionally, 2 can be purchased at the same time for a grand total of $99.99 each and every month.
These are pretty high prices to be shelling out for tips on how to invest money into the stock market with so many tips and tricks readily available online, but that’s what Wealth Generators has to offer. It is nice to see that they actually have a product line unlike so many other MLM opportunities we’ve been seeing as of late, but it’s still a peculiar thing to offering.
What About The Compensation Plan For Wealth Generators?
The Wealth Generators Compensation Plan
As for the compensation plan that Wealth Generators has set in place, we’re looking at a system in which affiliates for the company are required to purchase and resell the different tip packages that we talked about above.
In regards to how commissions are actually paid out, Wealth Generators does this through the act of residual ones, and this is organized through the use of a unilevel payment system.
In order to qualify to earn commissions as an affiliate for Wealth Generators, you must “be active (100 PV) and have 3 active personally enrolled Generators.”
Here, PV is just short for Personal Volume. In order for that to be fulfilled, and affiliate can either sell a $99.99/month subscription to a retail customer or sign up for it themselves.
Additionally, the term “Generators” in that quote refers to someone who is also signed up for the $99.99/month subscription plan.
Wealth Generators Affiliate Membership Ranks
As with most other MLM opportunities out there, Wealth Generators has different ranks for their affiliates to work through in order to see their progress after all of their hard work.
In this particular case, Wealth Generators offers 9 different ranks for their affiliates to work through. Additionally, higher ranks are obtained by increasing the total of the GV that is in your downline.
In regards to residual commissions, these are paid out to affiliates through the act of a unilevel system. Wealth Generators places a payment cap on the first 7 levels on a unilevel team, and as we’ve seen time and time again, the higher rank an affiliate has, the more levels they have the potential to earn a commission off of.
Unilevel Infinity Bonus
Although Wealth Generators places a payment cap on the first 7 levels for the residual commissions, the Unilevel Infinity Bonus allows affiliates to earn beyond those first 7 levels. Only affiliates who are ranked Solid Gold, Platinum, and Solid Platinum can take part in this bonus, but if you’ve got the higher rank, it has the potential to greatly increase the amount of money you can earn through the residual commissions.
Wealth Club Bonus
Wealth Club Bonus is the second bonus that Wealth Generators offers, and in this case, affiliates who are able to maintain a productive and active downline are able to earn an additional monthly commission.
These monthly commissions start out at just $100/month, but can quickly increase and go all the way up to $1500/month if you and your downline are hard at work.
What’s The Cost Of Joining Wealth Generators?
If you would like to join Wealth Generators, how much money will it cost you to join? First off, the company requires an initial payment of $124.99, along with an annual fee of $25.00.
From here, affiliates are also required to sign up for a $99/month subscription if they want to start earning commissions. All in all, we’re looking at an initial cost of $224.98, and then $25/year for the membership fee.
However, don’t forget you’ll also have to also shell out $99 each month in order to stay as an active affiliate within the company.
So, Is There A Wealth Generators Scam Going On?
Have you been hearing rumours that Wealth Generators is a scam?
After reading this review, you might still be asking yourself if it is really legit.
So – what is the truth? Is there really a Wealth Generators scam going on?
If I am being perfectly honest, Wealth Generators isn’t entirely a scam.
However, there are some things you need to watch out for.
This is how you will be successful in online marketing. See the image below for details.
Finally, My Wealth Generators Review And Conclusion!
As a whole, does Wealth Generators have any legitimate opportunity to offer?
After viewing various promotional and marketing materials that the company has produced, it doesn’t take long to see that the company is offering guaranteed ROIs on the money you throw into the business.
In the world of MLM, guaranteeing ROIs is never a good sign.
The company’s compensation plan also lacks any real mention or incentive to sell the Wealth Generator’s product line to retail customers. And, the only commissions that can be earned are that of residual ones throughout your unilevel team.
Overall, we’re looking at a system in which you shell out $99/month, and then go out to recruit other people to do the exact same thing.
There’s certainly a strong push for recruitment with Wealth Generators, and it would appear that that is how you’re going to spend the majority of your time if you decide to become an affiliate.
We’re not saying that Wealth Generators is doing anything illegal with their business, but there are enough shady things going on that do make us a bit hesitant about the company as a whole.
I really hope you have gained value from my Wealth Generators Review.
I wanted to make sure you had all the information you needed, because most other Wealth Generators reviews are just trying to sell you something.
If you really do decide to join Wealth Generators, I want you to succeed with your business. Learn how to market yourself properly!
My training can help you make money online!