Review and Comparison of Passport to Wealth and Wealthy Marketer
- Date: 2007-10-03 - Word Count: 702
Share This!
As a Top 1% Marketer and member of both Wealthy Marketer and Passport to Wealth, this article is intended to set forth the objective differences between them. In addition, you'll learn what it's like "on the inside" of both Wealthy Marketer and Passport to Wealth.
First, let's discuss the similarities.
PRODUCTS
Both Passport to Wealth and Wealthy Marketer offer a home business opportunity which enables its members to market and sell their products through the direct sales industry. Their products have similarities, and they include software and ebooks geared primarily towards the home business entrepreneur. One important difference is that with Wealthy Marketer you also receive a 77-page "$900 a Day Handbook," authored by CEO of Wealthy Marketer Alex Hunter, which includes the specific techniques he used to become a millionaire through network marketing.
Now, let's examine the biggest differences between Wealthy Marketer and Passport to Wealth: the Compensation Plans and Training.
COMPENSATION PLANS
Passport to Wealth uses a "2-Up" compensation plan, which is fairly common in this industry. As a member, you will have to "pass-up" your first two sales to your sponsor before you are "qualified" to earn a commission yourself.
When you add the cost of joining of $1,026.95 ($997 plus first month's fee to company) to your two (2) $997 "qualifying pass-up" sales, the bottom line is that you have spent and lost over $3,000 before you are "qualified" to earn money on your own.
By contrast, with Wealthy Marketer you will earn $900 on your very first sale and every sale thereafter. Wealthy Marketer does not require you to "qualify" before earning commissions. In addition, Wealthy Marketer is the first in this industry to pay you on both direct sales and residual sales three (3) levels deep. You will earn $900 on direct sales, $200 per sale from people you sponsor, and $100 per sale from people they sponsor. This residual income source is tied to you indefinitely.
TRAINING
An important question for most people looking for a home business opportunity is: "What kind of training can I expect?" Generally speaking, the training you receive is only as good as what your sponsor is willing to share with you. This is the part where I tell you what it's like "on the inside" of Passport to Wealth and Wealthy Marketer.
First, let's look at Passport to Wealth. Passport to Wealth's justification for requiring you to pass up two (2) sales to your sponsor is for the training you receive from your sponsor. However, the reality is that your sponsor in Passport to Wealth knows that as soon as you pass-up your two (2) sales, you will become a competitor. Therefore, there is no financial incentive for your sponsor to fully disclose what they do to succeed with Passport to Wealth. This can be devastating to a member who needs training and support from their sponsor.
With Wealthy Marketer, your sponsor will forever receive residual income from you and the people you sponsor. Therefore, with Wealthy Marketer, there is a serious financial incentive to operate as a team and to cooperate and openly share specific marketing methods which work. Wealthy Marketer's compensation plan encourages its members to cooperate by adhering to Robert Kiyosaki's teachings about leverage and multiple streams of income.
COST TO JOIN
The cost to join Wealthy Marketer is a One-Time Fee of $1,497. After that, Wealthy Marketer has no fees. The breakdown is as follows: $900 goes to your sponsor, $200 to your sponsor's sponsor, $100 to their sponsor, and $297 to Wealthy Marketer.
With Passport to Wealth, you will pay your sponsor $997, and you will pay $29.95 per month to Passport to Wealth for as long as you are a member of Passport to Wealth. With Passport to Wealth, over a 1-year period, you will have paid $1,356.40. Over 2 years you will have paid $1,715.80, and so on.
Therefore, Wealthy Marketer seems like a bargain compared to Passport to Wealth. This is especially true considering that, for example, after just 3 sales, Passport to Wealth earns you $997, while Wealthy Marketer earns you $2,700.
CONCLUSION
Both Passport to Wealth and Wealthy Marketer have decent product lines. However, because Wealthy Marketer's compensation plan pays you immediately and encourages long-term teamwork, Wealthy Marketer will likely be the right choice for most people.
First, let's discuss the similarities.
PRODUCTS
Both Passport to Wealth and Wealthy Marketer offer a home business opportunity which enables its members to market and sell their products through the direct sales industry. Their products have similarities, and they include software and ebooks geared primarily towards the home business entrepreneur. One important difference is that with Wealthy Marketer you also receive a 77-page "$900 a Day Handbook," authored by CEO of Wealthy Marketer Alex Hunter, which includes the specific techniques he used to become a millionaire through network marketing.
Now, let's examine the biggest differences between Wealthy Marketer and Passport to Wealth: the Compensation Plans and Training.
COMPENSATION PLANS
Passport to Wealth uses a "2-Up" compensation plan, which is fairly common in this industry. As a member, you will have to "pass-up" your first two sales to your sponsor before you are "qualified" to earn a commission yourself.
When you add the cost of joining of $1,026.95 ($997 plus first month's fee to company) to your two (2) $997 "qualifying pass-up" sales, the bottom line is that you have spent and lost over $3,000 before you are "qualified" to earn money on your own.
By contrast, with Wealthy Marketer you will earn $900 on your very first sale and every sale thereafter. Wealthy Marketer does not require you to "qualify" before earning commissions. In addition, Wealthy Marketer is the first in this industry to pay you on both direct sales and residual sales three (3) levels deep. You will earn $900 on direct sales, $200 per sale from people you sponsor, and $100 per sale from people they sponsor. This residual income source is tied to you indefinitely.
TRAINING
An important question for most people looking for a home business opportunity is: "What kind of training can I expect?" Generally speaking, the training you receive is only as good as what your sponsor is willing to share with you. This is the part where I tell you what it's like "on the inside" of Passport to Wealth and Wealthy Marketer.
First, let's look at Passport to Wealth. Passport to Wealth's justification for requiring you to pass up two (2) sales to your sponsor is for the training you receive from your sponsor. However, the reality is that your sponsor in Passport to Wealth knows that as soon as you pass-up your two (2) sales, you will become a competitor. Therefore, there is no financial incentive for your sponsor to fully disclose what they do to succeed with Passport to Wealth. This can be devastating to a member who needs training and support from their sponsor.
With Wealthy Marketer, your sponsor will forever receive residual income from you and the people you sponsor. Therefore, with Wealthy Marketer, there is a serious financial incentive to operate as a team and to cooperate and openly share specific marketing methods which work. Wealthy Marketer's compensation plan encourages its members to cooperate by adhering to Robert Kiyosaki's teachings about leverage and multiple streams of income.
COST TO JOIN
The cost to join Wealthy Marketer is a One-Time Fee of $1,497. After that, Wealthy Marketer has no fees. The breakdown is as follows: $900 goes to your sponsor, $200 to your sponsor's sponsor, $100 to their sponsor, and $297 to Wealthy Marketer.
With Passport to Wealth, you will pay your sponsor $997, and you will pay $29.95 per month to Passport to Wealth for as long as you are a member of Passport to Wealth. With Passport to Wealth, over a 1-year period, you will have paid $1,356.40. Over 2 years you will have paid $1,715.80, and so on.
Therefore, Wealthy Marketer seems like a bargain compared to Passport to Wealth. This is especially true considering that, for example, after just 3 sales, Passport to Wealth earns you $997, while Wealthy Marketer earns you $2,700.
CONCLUSION
Both Passport to Wealth and Wealthy Marketer have decent product lines. However, because Wealthy Marketer's compensation plan pays you immediately and encourages long-term teamwork, Wealthy Marketer will likely be the right choice for most people.
Related Tags: onlin, passporttowealth, passport to wealth, passporttowealthcom, wealthy marketer, passport 2 wealth, wealthymarketer, review of passport to wealth, review of wealthy marketer, review passport to wealth, review wealthy marketer, wealthymarketercom
Chris Jackson is an attorney, consultant and top 1% network marketer and works with both beginners and other industry leading marketers from around the world. To learn more, click here: http://www.SuccessWithCJ.net . Your Article Search Directory : Find in Articles
Recent articles in this category:
- Many Different Content Management Systems Are Available ( Cms)
At this time the rule is that going to the content management system open source and a commercial. H - Establish Your Credibility Online
Shoppers are now careful these days. They are more conscious that there are fraud sellers lurking on - Make Money Online Fast - Is It Possible?!
When you see the phrase "make money online fast" you may wonder to yourself, is this for real?! And - What Is Auto Traffic Avalanche?
Many people is talking about this great tool, and that became an excellent software, that can genera - Beginners Guide To Blogging
A blog is basically an online journal wherein you can digitally pen down your thoughts, ideas, opini - Say No To Just Having Enough To Get By...look For Wealth After A Fixed Paycheck
For the last year, I am proud to say that my regular weekly salary was earned through direct deposit - How Outsourcing Works - Hiring An Outsourced Virtual Assistant
Outsourcing is a proven means of helping businesses cut resource costs while getting the same level - How, Where Should You Start And Get Paid In Affiliate Marketing?
Before internet, freelance jobs like insurance, network marketing and real estate used to be the onl - Saratoga Builders Help You Make Informed Decisions
Numerous American central heating designs implement a furnace which blows forced hot air by means of - Basic Features Of A Good Web Hosting Plan
There are a few features that you should look for when you are picking a good web hosting plan, ther
Most viewed articles in this category:
- Tools for Adsense
If you're just boarding on the AdSense train, and looking to find a quick way to make the profits yo - Information Products - Your Action Plan
If you've been thinking of writing your own information product, here are a few tips to help you get - Are You Missing Out On This Method Of Generating Instant Cash?
If you have not yet heard of Bum Marketing, you're missing out. It's a great online marketing metho - How to Find a Home Based Business Internet Opportunity Thats Right for you
Copyright © Jagraj Gill http://www.payitforward4profits.com/jaggiegill Finding the right hom - Can It Be True? Can You Really Use The Internet to Create Money?
Is it hype? Or is it real? Is dramatized and exaggerated? Or can I really use the internet to cre - How to Create a Virtual Grand Opening
Copyright © 2007 Donna Gunter Grand openings and ribbon cuttings don't have to be limited to bu - What Is The Hottest Product To Sell Online
After going through a survey from all the internet Guru Alex Mandossian, Armand Morin, Derek Gehl an - Web Based Employee Time Clock
The power of the internet is in its connectivity. Many people think that the internet is great becau - Driving Hordes of Traffic to your Site
Getting enough traffic to your site is the overwhelming problem for anyone new to Internet or Affili - So You Want to Start an Online Business Part Two - Analyzing Keywords
Analyzing Keywords Continuing on from Part One of 'So You Want to Start an Online Business'; we wil