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.