Wealth Masters International (WMI) is a company located in Texas, started by Kip Herriage, a man who was formed in the finance industry, with 15 yrs spent on Wall Street. He and his associate Karl Bessey founded WMI in 2005, having the dream “to create success and wealth in others, one person at a time”.

WMI it is meant to be an economic education business. Their products consist of a line of financially-related lessons and congresses: the “m1″ Education Course (Masters’ Program) is a monetary education program that contains a series of books and CD’s on issues such as financial planning, incorporation, asset protection, estate planning, tax strategies, to help you control your private finances and attain your financial goals. The “m2″ program (Wealth Conference) promises to provide you with any tools needed to multiply your money, by means of investment guidance and access to the experience of world-renowned financial experts. The “m3″ (Private Wealth Group) invites you in luxurious retreats from all over the world, to attend an annual event where “top international personal growth coaches and wellness experts” are meant to teach you how to boost your level of individual and financial success and how to live your life of entire prosperity and abundance. Their “Alliances”, which are mainly referrals to professionals with a proven background in their field, can be considered another WMI product line.

Well, get ready to give your best guess of how much you intend to spend on this teaching and hold your breath, because I am about to translate all courses into figures: the price for the entry-level product, m1, is $1995; the second level product retails for $8,995; the m3 lifestyle experience comes at the price of $12,995 for one individual.

OK, you can breathe out now, because, from my point of view, if these lessons are affordable for you, it is all about trust from this point on: do you trust that these courses offer in exchange at least your money’s worth? Then, go ahead, try it.

If you have made up your mind on choosing the WMI path, the next stage is to choose how to join them: as a member (access to the courses, but no access to WMI’s marketing opportunity) or as a consultant (access to the business opportunity as well).

As with any MLM company, earnings are collected from product sales and referrals. You will be sharing your percentage with your sponsoring consultant, though. The rewarding plan is a two-level plan. Consultants obtain payment only from their own efforts and the work of of their directly sponsored consultants. Plus, there’s no residual profit opportunity. The only passive remuneration can be made from the override commissions of directly sponsored affiliates, but there’s a condition attached to this: the consultant should make at least one sale monthly for 10 months out of 12 in a year. Plus, in order to earn commissions from sales of the M2 and M3 products, a one-time purchase of every product is necessary. So, even if there are really high profits from product sales, the rewarding system has its drawbacks.

As for marketing systems, they don’t have one of their own; you can look at this in a positive way, thinking you are free to review any of the good marketing systems that currently work the internet. If you haven’t operated with any online marketing system until now, there’s always the option of finding yourself a good internet marketing mentor to lead you through the process and show you profitable marketing strategies that can help you make the best of any MLM company you may choose in the future.

For more information on Wealth Masters International, as well as other successful MLM companies, visit Jim Chao’s WMI Review. Jim is a young talented internet marketer who is willing to share with you his methods to grow your business online.