This is a review of the National Wealth Center, which is another multilevel marketing company that most people refer to as a pyramid scheme. I am not affiliated with this company so you will get nothing but a completely unbiased review on this business.
I like to look at National Wealth Center as Empower Network’s little brother. Although I think the Empower Network is not a legit program and this program is almost identical, I actually have different thoughts on the National Wealth Center.
Here is a full review of the National Wealth Center
National Wealth Center Overview
Yes this business is multilevel marketing business which offers 100% commissions and gives you an opportunity to work from home. Being that it is MLM, you are required to have a sponsor if you want to get started and you will not get started without one.
The company was founded by Peter Wolfing in July of this year (2014), which is great for anyone starting an online business. Although I am not a fan of MLM, I do know that “the early bird gets the worm”, especially in this thing most people consider a pyramid scheme.
Although I am not a fan of this type of business I have had my time as an MLMer and I have had my downlines and what not, but I don’t think any of them came with a model like this. Not even the Empower Network!
I was also a member of the Empower Network and yes I made money, but I really didn’t like how the business was ran and I didn’t feel comfortable signing people up when I knew that it was not easy to promote something that I thought was a scam.
Just like any job or business out there, you are going to need to put in the work and effort to make it. So what exactly will you be getting with National Wealth Center?
The Products + Cost
National Wealth Center comes with 6 different products and levels, all of which is going to cost you. Here is a breakdown of these levels and how much you will need to pay to get into each level.
- Self Development – $25
- Business Development – $50
- Wealth Advantage – $100
- Fitness Advantage Package – $250
- Wealth Advantage Elite – $1000
- Network Marketing Elite – $3500
Remember that every single package is completely optional and doesn’t require you to purchase any of the higher ticket items to start earning any money with this business. All you need is to pay for the Self Development package which is going to cost you $25 + the membership fee which is $9.95. Once again, it’s going to cost you $34.95 to start making money.
Yes National Wealth Center offers 100% commissions with no hidden fees. They clearly state that you will need to pay the $9.95 every month if you want to start receiving commissions and there aren’t many companies doing this.
For the first 3 levels, you get absolutely 100% of the commissions that you get from your downline. This is a great way to double your income and not even the top scams can match this in my opinion.
You can literally make $175 for your first referral and that is not chump change my friend. Best part is that you only need to pay that exact amount to make it back. There is no MLM company that does this and most require you to at least “recruit” 3 people just to break even.
The Comp Plan
The first 3 levels will pay you 100% commissions instantly, which means that you get paid right there and then. You can get paid through different methods and Paypal is one of them, which I highly recommend for doing any monetary transactions online.
I really liked this very simple and very profitable compensation plan that The National Wealth Center provides. They call this the “reverse 2 system” and this is how it works.
When you get referrals, you will pass up your 2nd and 4th referrals to your up-line. This will also happen to the people you signup and yes you will get 100% commissions from their 2nd and 4th referrals as well.
This applies to the first 3 levels ($25, $50, and $100) so this means you can get $175 just from one referral and that beats any comp plan I’ve seen out there. Not to mention that you also cash in on your downlines referrals as well.
When you get into the higher ticket items you can cash in on these ONLY if you purchase these yourself and you will get 90% of each sale. But…
There’s always more of this program that always seem to impress me. If you buy the $3500 package, you can still earn 90% commissions from all the other products without having to purchase them. Most businesses will only allow you to gain a commission if you buy into that level.
You Can’t Cheat The System
Being that they have their reverse 2 system there are people that get “fake people” to signup under their 2nd and 4th levels so National Wealth Center has come up with a way to prevent this from happening.
If someone from your downline’s 2nd or 4th level decides to quit, whoever is next in line will automatically move up to fill those spots so you will never lose out on any of those commissions. Pretty neat huh?
I really had no idea this was happening and it was probably happening to me when I was with other network marketing companies that had the same model.
So How Does National Wealth Center Make Money?
The company makes money from the other products in the back office that members are purchasing and that is how these guys get paid along with the $9.95 membership fee.
Mind you that these items are not going to be cheap and they will make some good money from them. But remember, if you qualify for these products (purchase them yourself) you get 90% commissions from that purchase. Now that is an awesome deal!
These guys have created the program and the products and they are pretty much letting you use them to make money for yourself. You can see any of my reviews on any MLM company or network marketing business and you will see that nothing compares to this. These guys are not selfish and it is very hard to find companies like this.
Before I forget, I have to throw in that these guys actually give back and one of the places that they support are the Wiz Kids. These are the future entrepreneurs ages 8-18 who are taught and mentored into business and finance. I guess this is good? I really don’t know.
Pros & Cons
There aren’t many things that impress me about any network marketing business and these guys actually have a lot more pros than cons. Here are the good and bad of National Wealth Center.
- Cheap startup
- great comp plan
- 100% commissions upfront
- Immediate payments
- Make money faster than any other MLM business
- Simplified comp plan
- Easy to sell (in my opinion)
- Gets pricey in the back end (thousands)
- Nothing tangible
Although I can’t find a lot of things that I didn’t like about National Wealth Center, these two things alone can make or break a business. When you don’t have an actual product and you are going to spend thousands of dollars, what are you really paying for?
Is it Worth it?
I think we have one of the best comp plans that I’ve ever seen, but there’s more to it than just that. There are too many of you trying to work from home and come across so many scams, so I can’t tell you that you WILL make money with this.
National Wealth Center has the best comp plan I’ve ever seen and you really cash in on the front end of the business, but it is not going to be easy. Unlike most companies I come across, you have to get their high ticket items immediately if you really want to make anything with the company.
With these guys, you almost get your money back with just one referral, which is great. That is really impressive in my book. I am a 100% affiliate marketer and I never recommend ANY MLM business to anyone, but will this be the first?
Although I got excited about their comp plan and their 100% commissions, I am going to stick to my guns. I can tell you that National Wealth Center is not a scam but there is a lot more to these businesses that most people don’t understand.
If you have failed with other MLMs I can tell you that you will probably end up the same way here. This is no different than any other recruiting biz out there and you will need to sign people up if you want to make money.
In the end, it is totally up to you! You need to remember that this business and any business for that matter is not going to build itself and it is not going to be easy. You literally dictate how much money you want to make and that is never going to change.
I hope you have found more than enough information from this National Wealth Center review and hopefully you can make a very wise decision on your next work from home business. Please leave a comment below and let me know what you think and feel free to leave any questions you may have below as well. To whatever it is that you do in life, I wish you nothing but success. Cheers!
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