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.
----------------------------------------------------
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 .
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