Wealth Masters International Kip Herriage, Karl Bessey, Jeremy Miner. I am a retired widow, on disabity, suffering from PTSD. Promised from Jeremy Miner, in deapth training and wealth. Sugarland, Texas

Jeremy Miner promised the world when selling WMI International...he Skyped me every day and promised that he would personally be the one to train you...that is untill he got the money, then I never heard from him again!! I was reffered to another person by him that I had to pay more money to to set up my business, all the while when he knew that WMI International was on the way out.

So at a cost of $20000 I was sold the huge promise which of course included a ticket to an M3 event that will never happen. Do you think that Kip Herraige, Karl Bessey or for that matter the suoerstar Jeremy Miner offered a refund, no way, they are all too money hungry!

If I purchase a ticket to a concert or other such event that is cancelled, the organisers immediately off a refund to all ticket holders!! Not so eith WMI Internation, they all just quitely dissapeard!!

They have no concience or shame abour scamming desperate people who can least afford it out of theire hard earned money!

The typical "objective" "review" template goes something like: everyone says it's a scam, I was skeptical, my positive mindset convinced me to give it a try, now everything is wonderful, because WMI is wonderful.  And of course the reviewer says he quit his job and can spend time with his family.  And the reviewer says he made money.

This is written to sound like a regular person - it's called "social proof" - it's compelling to some people.  It's an Influence technique.  See "Influence" by Cialdini available on Amazon.  It also includes things you may not have and want, like not working for a boss, and staying home with your kids.  This is also a subtle sales trick to instill a sense of loss in you.  That you are missing out on something.

And of course money was made.  Sure, perhaps, but was it profit?  Sure plenty of people make money, making money is not the same as profit.  Remember you have to make all of the money back you pay WMI plus all of your marketing expenses before making a profit.  So if you pay $20,000 to join as an M3 you have to sell $20,000 before you break even.

Not every business requires start-up money to make money and WMI isn't a tanning salon, it's a network marketing business.   So stating that every business requires startup money is false and comparing WMI to a tanning salon is nonsense.  WMI is not a building full of merchandise, so comparing this to WMI is also nonsense.  This is also a subtle sales technique to place ideas in your mind that WMI is more than it really is.  It's also not a business that offers products with broad appeal, like tanning.

I once started a computer service business with no money.  I knew how to fix computers.  I provided the service and I got paid.  So not every business requires money to make money.  In fact the quickest, easiest, and cheapest way to go into business is to sell a service based on what
you know.

Remember the WMI fees also do not include your marketing expenses for: newspaper ads, bandit signs, flyers, and Internet marketing like pay-per-click.  Oh, and all the DVD's and tools that they sell you so you can sell. This is where they make their money.  Selling stuff to you. 

I did it all folks, and generated and sent thousands of people into a WMI based funnel.  The results were pitiful.  And my WMI team leader was no help.  The husband and wife team have since left WMI.  So they will always tell you that you need more leads to get it to work. The WMI system simply does not convert at a meaningful rate.

Which brings us to the "positive mindset".  Ah, yes, of course it works when you have a "Positive Mindset".   It's a convenient dodge for a "system" that does not produce a meaningful amount of money.  Of course when you ask why it isn't working it's because you don't have a positive mindset.  How convenient.

Sure a positive mindset is a must in life.  YOUR mindset has very little to do with it though.  It's the customer that counts, not you, and if the product and business model does not have broad appeal, and network marketing does not, it's difficult to make money because there is a very tiny market. 

Let's be truthful.  The major drawback of the network marketing business is the markup so commissions can be passed up.  And WMI has huge markups in the thousands of dollars.  This huge markup plus the network marketing business model turn off most people.

Caveat Emptor.  If you want to give WMI a try join as a referring consultant - the lowest level.  If you can get sales, then go ahead and upgrade. 

Watch out for the upsell pressure.  It will be enormous.

Try it on your family and friends. Ask them to look at the information or get them to attend a sales call.  Ask them to be objective and to tell you the truth.  You don't need to and you should not spend a lot of money on this to check it out.   

Be careful though.

Best,

-Rich

Jeremy Miner is a great teacher. I am impressed with his teaching methods because he shows you step-by-step how to succeed with this program. He explains things simple enough that someone with a 6th grade education could easily understand and follow along.

I don't know how anyone could talk negatively about the Wealth Masters International business. One of Jeremy's teachings is that success is a decision. That is true! I wanted to rebuttal this claim because I have become very successful with the help of Jeremy Miner and my Wealth Masters International business.

I just think that the person who wrote the rip-off report sounds very negative. You can't make money if you are negative. If you've ever listened to other successful people speak (like Bob Proctor for example), you know that you need to have positive thinking in order to make money. You can't just sit there saying to yourself, "this will never work... what did I get myself into".

Anyway, I hope this helps answer questions that anyone might have. I highly recommend that you choose Jeremy Miner as your coach. I highly recommend Wealth Masters Intl. as your main source of residual income.  

Hi! I just wanted to leave my input on Wealth Masters International. I was very skeptical at first. That's human nature to be skeptical. The difference is that I had a positive mindset, rather than a negative one. Jeremy was a fantastic coach and helped me every step of the way.

Yes, I had to put some money into this program, however to make money you have to spend money. The same goes for any business. I mean, you simply can't open a Tanning Salon franchise (for example) without investing some money into it.

You cannot just accept a free building with free merchandise in it and instantly begin profiting. The world does not work that way.

I chose to invest with this program because of all the positive reviews I read prior to purchasing anything. I was able to quit my job and get away from an over-powering boss. I can stay at home with my daughter now.

This is the reason I am writing. I just wanted to make everyone aware that Wealth Masters International is not a scam or a rip-off and you actually can make money with them like I did! I couldn't be happier, and it's all thanks to Jeremy Miner (who I like to think of as my business partner).

Take it from someone who has a positive mindset, who was only skeptical before joining Jeremy Miner and Wealth Masters, and who was ready and willing to invest a little and work hard to be my own boss. Wealth Masters International works and is a great investment.

By the way "you must be very frustrated" just about always follows "it's your fault".  I guess you can put the others who started with me in WMI and also left in that category: a professional salesman, a nurse, a professional music teach, and another professional saleswomen.  All of them very good honest people who did what they were told and also discovered that the WMI system was a waste of their time and money.

For the record I'm very happy.  I'm blessed with the material things in life, a 3,200 sqft house,
three cars including a BMW, summers on Cape Cod, and the ability to pretty much do what I want when I want.  More importantly I have a beautiful wife, who cares about me, and we have a great
relationship.   Most important I have my health.

As for business I own commercial property and while it's challenging these days, I have happy tenants who pay on-time.  And I'm working on a couple of new businesses.  While nothing is ever
certain, they are promising.

The WMI experience was disappointing; the most important thing I lost was precious time.  What I did gain, through my own hard work, was an understanding of what works and does not work
with Internet Marketing.  Heres a tip.  People on Facebook are not buyers folks.  Are you?  And if people want what you are selling getting leads is a breeze.

Folks Internet Marketing is like the gold rush.  Just like the gold rush the people who sold the tools made the big money.  Same with Internet Marketing, that's why after getting involved you will notice that the "Guru's" sell the "tools" and "systems", not the products themselves.  I met the players and believe me they are not making nearly as much as they say they are.

Last you will also notice it's always all about the passion and belief.  They do reuse allot of the 12 step program philosophy.  Remember they want to keep you on the treadmill so they can up-sell you and get your monthly fees, which at the time I was in were about $200 a month or so.  They will try to instill a feeling that you are missing out if you don't upgrade.  You will miss out on the big commissions if you don't upgrade, you will miss out on the critical financial information you could get at the M2 or M3 event.  And you will hear "sorry this information is just for M3's".  You will hear that so and so had a $5,000 week and wont hear about the many, many weeks and months when they made no money.  They will capitalize on your desire to make money or change your situation and when the first thing does not work a bigger carrot will be dangled in front of you. 

Thanks to Ripoff Report for providing this forum.  I'll be on the lookout for the inevitable future posts about WMI and will offer my feedback so people can learn from my experience and make an intelligent informed decision.

In closing go to Amazon and buy a book called Nail It and Scale It.  Here you will find out about the 3 biggest myths about entrepreneurship.  I'll give you two.  1# The Entrepreneur Hero Myth: believing in the product leads to failure.  And #2 The Money Myth: spending too much money leads to failure.  (You need to spend money to make money is also one of the big WMI come on's).

Cheers and best of luck to you.

Hey Richard.. like I said earlier i didn't want to make this a "bashing" session..
so here is my last point and I will leave this..

sounds like you need to take responsibility for your lack of results, obviously if myself, my team and tons of people i know make six and seven figures in the wmi sytem then you could of too...  but apparently you didnt do what it takes to have success..

have a great day and good luck with what you do in the future

Sounds like I hit a nerve.  Easy pal, you don't need to call me a liar.

Yes, I followed the advice of Kip Herriage and his VRA news letter and I'm down 42% with one pick and 62% with the other.

And thank you for making one of my points.  By the way you signed a non-disclosure agreement before the event and you just broke it.  Yes the same speakers appeared at my M2 and M3 events.  So you payed big money to hear the same people make the same pitch twice.  Sure they give fine interesting presentations but hardly worth the big money.

Notice the smoke and hype: "amazing", "life changing", please....

Folks in this business the money is made at the events.  You will be subjected to multiple sales pitches and investment opportunities.  Opportunities that are only open to High Network Investors.  Look that up at the SEC website.  Essentially you need to have a lot of money to be eligible to invest.  The lady who wrote to original post hardly fits into that category.  The bottom line is you are paying money to attend sales meetings.

One last thing is the M3 event also had a speaker about how the US attacked itself on 911.  Based on his statements throughout the M2 and M3 in my opinion Kip Herriage is the ultimate conspiracy theorist.  If you are into that it's cool.  Hardly something mainstream.  So being a veteran I had an opportunity to sit there and listen to someone talk about how we attacked ourselves.  I got up and left.

Listen up, I'm a regular mid career guy who wanted to move on to something meaningful, that could help people, and earn a decent living.  If you want to know what the WMI business is like watch "Glen Gary, Glen Ross", or better yet "Boileroom".  This is not a real business, with products people want, need, or desire that will carry you years into the future.

Listen to Shaq, it took him 3 years to make money.  Wonder what the expenses were?

Other facts, WMI is not the biggest company in the "Industry".  They are rather small.  In my opinion several hundred members.

Watch for the buzz words, like "system", and "industry", it's a system that does not work.  Really what "money making system" works?  Common sense tells us that if there was a "money making system" why would you sell it?  It would be the goose that lays the golden eggs.  There is no such thing as a "money making system".  Next is "industry" this word is thrown around a lot so that in your mind you equate this with reputable industries. 

Also watch out for "it's cheaper than a franchise".  What this does is put the idea in your mind that this IS a legitimate franchise.  It's not.

Last is why a 100 day challenge.  In this "industry" they have to deal with member churn.  Most people leave after a month or two because it does not work.  They are trying to get you to stick around longer to get your monthly fees.  The "course" is computer based, you can only see 1 lesson in a 24 hour period and if you skip a few days you can still only see the next lesson - again to string you along.  You cannot see all of the "curriculum" at once.  Why because it starts to repeat itself.

All along you are paying the monthly fees.

Last thoughts, Shaq my friend, your statement about making $60,000 with WMI and the VRA, would be illegal in Massachusetts if you were speaking to a prospect here.  In general income claims are illegal when selling a MLM product in the US.  Another requirement is you would need to provide the names of the last 5 people who join the company.  When I asked WMI compliance about this I could not get an answer.  So be sure to check the MLM regulations in your state.

Finally you will be expected and they will try to sell you tickets to more M2 and M3 events.  They may key attendance to the compensation plan.  Read the plan carefully.  Ask for it before you sign up.  There will be sales quotas tied to the compensation.  See how it's geared to pass your commissions up to the top.

Thanks Shaq, best of luck and have a nice day.

Hey Richard, It seems you are pretty frustrated and I get it..
I dont want to get into some sort of bashing war with you.. but Let me ask you.. If I am making 6 figures with WMI from home and tons of my team are , then what prevented you from doing the same thing?

RE: working only at nights and weekends..
I have NO idea what you are on about here..
There are 12 webinars a day, 1pm, 3pm, 5pm, 7pm, 9pm, 11pm, 1 am, 3 am, 5 am, 7 am, 9 am and 11 am.. so when you say u can only work night and weekends, its just flat wrong.

RE: Entrepreneur
if you Google Entrepreneur you get this:
"A person who organizes and operates a business or businesses, taking on financial risk to do so."

So running your own WMI business DOES make you an entrepreneur.. and it makes you a SMART one as leveraging off WMI gives you a Proven system, GREAT education and training, GREAT support..  Remember its about working hard AND working Smart..

I am in the Internet Marketing game aswell and I know SOOO many 'Entrepreneurs' who fail and quit because they simply do not have a system!

RE: MLM company
you are right here.. but Wealth Masters is a DIRECT SALES Company... NOT an MLM.. there is a BIG difference here!

RE: You
It sounds like you didn't learn the necessary skills to have success and so you quit.. and now like others your blame WMI for your lack of results..

Finally:
I have a question for you..  How much money do you think people HAVE to invest when starting their own business??
Here is the answer: Usually it take tens of thousands.. could go all the way up to 100k!!

So when a person, an Entrepreneur sees a business that is the Leading business in their industry, that makes them profits and they can get started for $1,900.. well its not Rocket Science

I just wanted to respond to those who repeat that age old tired network marketing line that if you do not succeed - it's your fault. 

My friends it's about the market.  It's about what the market needs wants and desires.  It's not about you it's about the customer. 

I could hate pizza but if I know how to make a good pizza, I'm going to sell a lot of pizza.

If WMI was offering a product that consumers truly wanted, needed, or desired than 95% of people who join would not fail [That's their statistic by the way].

If customers wanted the products the WMI marketing materials would be geared toward and describe the products.

Notice that all of the marketing materials are geared towards selling the idea of owning a business - of being an Entrepreneur. 

They try to sell dreams...a bunch of smoke.

Folks, Entrepreneurs develop their own ideas and sell products that they create.  By definition an Entrepreneur is one who is: "willing to help launch a new venture or enterprise".  WMI is not a new venture or enterprise.  Their products are simply a repacking of very old ideas - live within your means, have a positive attitude, and save money by paying your bills.  Then go to some very  expensive conferences where they try to sell you more stuff.  Watch for the upsell from M2 to M3.

You will not be an Entrepreneur you will simply be a "consultant" working under contract - where the contract can change anytime.  You are working for someone else.

But back to the products. 

My idea was to sell the products to end users on a massive scale.  Once I got involved I discovered marketing collateral to sell the products didn't exist.  Like I said all of the marketing material and "systems" are geared towards recruiting people into the business. 

And that's what you will need to do to make any money.  You will spend nights and weekends on the phones - because that's when normal people are available to attend webinars and conference calls.  Notice everything is scheduled for nights and weekends.  So be prepared to try to "close" people at night.  And one chance if you can't the "lead" is gone.

Folks if you are interested ask the person recruiting you how much they have sold.  Their unit sales for the last few months.  Ask to talk to a new member who has been in it for a few months and find out how many units they have sold.

Most important check the your state regulations on MLM.  MLM businesses are highly regulated.  Did you know Craig's list prohibits MLM advertising?  As does PRwire.  As does Google and Facebook.  Most advertising venues do not want MLM advertising.  So be prepared to follow the WMI advice to put up bandit signs and hand out flyers. 

Is that a real business that will get customers on a regular basis?  Of course not.

If you do join, and you do sell, be prepared to deal with your unhappy disappointed customers.

One more thing, think about this.  Network marketing is about confidence and trust.  Sharing your experience with a product and selling to people who know and trust you.  It works with candles, or pots and pans, or plastic storage containers. 

Now if you answerd an Internet ad and someone you did not know tried to sell you a $7,000 product would you buy it from them?  Of course not. 

That's why when strangers do not buy from you the answer from your upline will be - "what about your family and friends"...

One last thing. At an event I saw Kip Herriage walking down the hotel pavilion with his arm around the neck of someone trying to talk them into buying an M3.  If he is so successful why would he need to do that? 

Caveat Emptor

Hey...

this is more a of a reply to :Richard - Whitinsville (United States of America)

I didn't want to write here but his comments are unfair and well incorrect..

Wealth Masters International Conferences/Events:

I have been to several M2 and M3 events.. they are Awesome, Breathtaking, Mindblowing, Life changing... Simply like nothing you have seen before..

The speakers are amazing.. they range from health to wealth, from trends in the economy (by expert Gerald Celente) to what to invest in (different companies) to Gold and Silver expert Mike Maloney.. From  Libertarian Parties vice-presidential nominee Wayne Allyn Root to Award winning authors..  

To say that the speakers and content are the same is nonsense.. WMI provides "whats happening" now speakers.. they talk about how the economy is now, what will happen.. these are EXPERTS in the field.. they tell you what to do.. you do it and you will see the results... 

You say you have been an M3.. they you should know about Kip Herriage's revolutionary VRA..

I personally Have made over $60,000 in profits from investments (all VRA) in 2011 alone and thats without the business/system side of Wealth Masters International..

Wealth Masters International System:

to say this doesnt not work, is wrong and d**n comical.. Wealth Masters International is the biggest company in the industry for a reason.. their PROVEN system has brought about 100's of 6 figure earners and a lot of 7 figure earners since their inception in 2005.

You say you generated 5,000 leads in 6 months and only sold two M1's??

thats either a big Lie or the issue boils down to you.. I don't generate 5,000 leads in 6 months, but I follow the system to a T.. and with that I have built a continuous 6-FIGURE BUSINESS over the past 3 years using Wealth Masters!!

I was a Wealth Masters M3 consultant.  I attended all of the calls, went to all of the training, and attended the WMI Birthday Bash, the M2 conference and the M3 conference.

The M2 and M3 conferences were substantially the same in terms of speakers and content.

Now about the system.

Yes, the systems exist, yes the training exists, yes there is plenty of support.  The problem is none of it works. 

The systems, do not convert.  Consumers do not want these products.

I hit it hard in a big way.

I advertised on Facebook, Google, Ezines, Craig's List, Local Newspapers and with lawn signs.  I handed out DVD's.  I spoke with business owners. 

I built an elaborate website that converted from visitor to lead at over 50%.  I did personal branding, attraction marketing, etc., etc.

I also did the 100 day challenge, well about 75 days worth, the "curriculum" repeats itself after a while.

In 6 months I generated over 5,000 leads.  I setup a mini-call center to answer calls.  I sent leads to the webiners and online calls.  The leads did not convert.  I sold two M1's. 

My "upline" did not help and had no explanation.

We jokingly called the WMI sales presentation - "the black hole" - once we sent leads to the call we could never reach them again.

Notice in their training it's all about believing and faith and that "it's possible".  When you do not succeed they will blame you for not believing.  Yes it's possible - rarely possible.

Realize that if you join this company you are not an "Entrepreneur" - you are working for someone else, you will be working nights and weekends because that is when you can reach leads and that is when the webinars are held, and they can change the consultant agreement and compensation plan at any time.

In closing, at the beginning of their conferences, the announcer says "the show is about to begin" and that's what it is...a big show...

Best of luck

I have worked with Jeremy Miner for several years and I know for a fact that he has helped a number of people just like myself get out of financial trouble. Without his help and leadership I would not be where I am today...working from home! He was always there when I needed him..either by phone, text or email. He knows how to run his business and is always willing to help. His main thing he always says it to not focus on you and what you are looking for it is to focus on your associates and what they are looking for. 

I dont believe that the above report is true at all. I have been in this industry for a number of years and know that when you put the effort out there you will get results. Anyone can do this type of business, it doesnt matter what type of background or problems you have had in the past or present. You can not blame anyone but your own actions if you dont succeed here. Jeremy is an awesome leader and mentor and I know personally a number of people that would write nothing but high praise about him and what he has done to help them as well in their business!

Hope this helps...

First of all.. i skim read your story and i dont feel this has much relevance to your case..  Everyone has issues.. you talk as if the world is against you and as harsh as life can be you cannot blame everyone else for your failure in business.. 

I am curious to know if you really went through any of the training.. did you go through the 100 day challenge? that changed my life and it would have done so for you too.. Jeremy Miner's training is awesome.. I am and know many other of Jeremy's students that has built a 6-figure business in their first 12 months with Wealth Masters International.. and its not because we are special or "tech-savvy" it is simply because we didnt accept less and we put in the time and effort to make this work!

You talk about the refund, the M1 has a 100 day money back guarantee and the M2 has a 14 day guarantee.. did you ask for the refunds within those time? i dont think you did.. Wealth Masters International has never had an issue with issuing a refund so long as it is in the time frame that they give their customers...  If you have gone over that time frame and then come online to write a review that is not very fair.  

People who fail will always write bad reviews. No one ever writes good reviews when they are on top.  This system is easy, straight forward, but it is a business and it should be treated like a business.  Jeremy gives you all the tools and marketing systems you need it is your job to follow up with it.  

Wealth Masters International has certainly helped changed my life. My life has changed for the better and I see the world in a different light.  I put in time and effort and got the results and that is the best thing I can say to people.  If you failed.. you really have to look at yourself and ask yourself "did I do enough?  If you put in $13,000 surely you should have had a burning desire to make this work instead? There are so many people ranging from the ages of 18 all the way up to 80 who are using this system and making it work and a lot of them are not tech-savvy and dont have no technical experience yet they make it happen.. and its simply because they listen, learn and apply! Hope that helps