National Wealth Center Review – What is National Wealth Center and how does it work? Can you make money with National Wealth Center? Legit MLM or Pyramid Scam? Read this National Wealth Center review.
National Wealth Center Review
Website: nationalwealthcenter.com
Products: Information/Knowledge MLM
Price: $25/mth – $100/mth, $250-$7500 One-Time Product
Owner: Peter Wolfing
Suitable for: Best to avoid.
Overview: National Wealth Center is a Multi-Level-Marketing company started by Peter Wolfing in 2014.
Attractive 100% commission compensation plan lured many to its scheme to recruit rather than selling its Information/Knowledge products.
National Wealth Center is actually v2.0 of Infinity Downline created by Peter back in 2009.
National Wealth Center Review – What is it all about?
National Wealth Center is an Information/Knowledge product MLM company started out in 2014.
It is an upgrade version of Infinity Downline he created in 2009.
According to Peter Wolfing,
“You may be aware that National Wealth Center is the new version of Infinity Downline. We gave all members ample time to adjust to this. It has virtually the same back office structure, products, income levels etc.”
Let’s take a look at the introduction video of National Wealth Center.
National Wealth Center Review – How must does it cost?
National Wealth Center has a range of Information/Knowledge products. There are 3 monthly subscription products and 4 one-time payment products.
There are 3 monthly subscription products and 4 one-time payment products.
Let’s look at them in detail.
Self Development – $25/mth
“Investing a small amount of your own time, money and energy into yourself will give its return in terms of more courage, self-discipline and a better life.”
Business Development – $50/mth
“Whether you have an online business or traditional brick and mortar the NWC will deliver the ongoing training you need to turn your passion into profit.”
Wealth Development – $100/mth
“Learning how to properly manage your money is literally securing your financial future.”
Fitness Advantage – $250 One-Time
“You will receive life essential complete fitness and lifestyle healthy meals plans, workout plans as well as fitness empowerment and motivation to help you in your health journey.”
Wealth Advantage Elite – $1000 One-Time
“Video training ON DEMAND providing the advantage you need in the forex, stock market, and real estate arena.”
Network Marketing Elite – $3500 One-Time
“Teach you from A-Z how to achieve massive success online.”
The Vault – $7500 One-Time
“The place where everything we offer is archived in one place for you to access 24/7.”
Besides the cost you see above, there is also
- A mandatory admin fee of $9.95/mth for monthly subscription product.
- A 10% admin fee for One-Time payment product.
Some rules to follow too,
- You must buy a product so that you can sell the same product you just bought.
- For one-time payment products, if you do a one-time investment of higher valued product right away, you can sell all the products valued lower than it.
WHAT?!
Are you screaming in your head you could spend up to several thousand dollars for these products?
Yup, you are right.
Before you join National Wealth Center, please
- Ask yourself, do you desperately need any of these information/knowledge products?
- Ask Mr. Google, can you get the information/knowledge you need elsewhere for a lower price or even FREE?
So what is the point for all these products?
National Wealth Center Review – How does it work?
I remember a friend of mine came knocking at my door saying he wants to share with me some MLM business opportunities with E-books.
He spent just 5 minutes talking about the E-books benefits.
Then, for the next 1 hour, he talked about the complicated business compensation plan for recruitment and pitching to me the earning potential for recruiting.
Do you notice where does the problem lie?
I rejected him of course.
Let’s look at National Wealth Center compensation plan video.
Do you see a similarity?
The 100% product commission is very tempting for MLM marketers or anyone looking for making money out of it.
(Some even came out with a divine plan to leverage on this potential. I’ll talk about this in my next review.)
Therefore, these information/knowledge products could be just acting as a mask for a pyramid scheme.
The products offered may have little or no values in actual fact. The main objective when people join National Wealth Center could be just for recruiting.
This is because the 100% commissions that are passed from the bottom levels to the top levels are more attractive than anything else.
For any pyramid scheme, the ultimate risk is, once the base becomes too broad, it will become more and more difficult for people at the bottom levels to recruit and make money.
If the bottom levels stop subscription totally, plus no one else wants to join this MLM, the pyramid will just collapse.
One this happens, the scam guru could just close the company and create another pyramid scheme with another bogus product under a different sheepskin.
The people at the bottom levels will suffer the most losses.
“Legitimate programs are driven by the sales of products and services, not by recruitment of new people. – mlmlaw.com“
National Wealth Center Review – My Personal Take
Being an experienced MLM marketer before, I will avoid National Wealth Center knowing that it potentially could crash out in the future.
Just compare it with long-standing MLM companies such as AMWay and NuSkin that have been around for decades. Their physical products really benefited people daily and there are demands for them.
Ask yourself again,
- How are you going to promote National Wealth Center to recruit? Call your friend and relatives? Spend large amounts of money on Paid Ads?
- Would you sell them the Information/Knowledge products or sell them the compensation plan?
- How to make your downlines stay with the monthly subscription so that you and your uplines get paid monthly?
Nevertheless, MLM is not a simple business model as many have thought.
I know, because I have been there and done that.
Thus, National Wealth Center is definitely not what I want to use to achieve my Passive Income and Financial Success.
National Wealth Center Review – Passive Income Alternative
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National Wealth Center Review – Final Verdict
National Wealth Center
Owner: Peter Wolfing
Overall Rating:
I rated National Wealth Center 1 star.
National Wealth Center could potentially be just a pyramid scheme hiding behind a range of information/knowledge products. I will avoid it totally.
I would prefer to use Affiliate Marketing Business Model to help me achieve my financial goals.
Wishing you the best!
*Please note that some countries are not able to join as FREE Starter Members due to Wealthy Affiliate University’s Anti-SPAM policy.