As a Top 1% Marketer and member of both Wealthy Marketer and Passport to Wealth, this article is intended to compare the two. In addition to the objective differences, 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 are similar, and include a substantial bundle of software and ebooks useful to the home business industry. 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, your sponsor in Wealthy Marketer has a substantial financial incentive to treat you as part of a team and train you accordingly by fully disclosing the 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.
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