Welcome to the Institute For Wealth In Networking Review
If you are like most people, you are probably looking for other sources of income so that you can increase your wealth this year.
Working from home jobs are quickly becoming the norm as you can find good opportunities with flexible working schedule.
That means you can make a decent living working from home as you get to enjoy other aspects of your life. When somebody approaches you with a pitch that you can make a job replacing income by just answering a few phone calls and sending out post cards you would give it a try, right?
That is what Institute For Wealth In Networking (iWIN) claims they can do.
Hey, not so fast. If you are reading this, you are probably here because you heard about this company and you are trying to find out if it is a legit business or not, right?
Well, if that is the case then you are in the right place. This article will reveal to you everything you need to know about the company, the owners, products, and compensation plan.
Hopefully by the end of this Institute For Wealth In Networking review you will have a clear understanding of what this business opportunity is all about and if it is appropriate to join it or not.
Institute For Wealth in Networking: What about the company?
Institute For Wealth In Networking is a Multi Level Marketing company that focuses on recruiting. For you to make money in this company you have to buy in and then recruit other people and teach them to do the same thing.
The minimum buy in is $250 in the first level while it can go all the way up to $3750 in the fifth level. If you can recruit new members to the business and teach them to buy in, you get 90% commission on sales.
For you to make more money through this business you have to recruit as many people as possible. Therefore, your goal is to send as many postcards as you can to interested customers.
To get to know more about the owner of this MLM company, I visited their website www.iwin123.com which is available publicly. I was able to discover the guy who runs things at iWIN is a man that goes by the name Tom Bochenek.
Tom claims that he has been involved with this business for the last 10 years. After a further research, I was able to discover that Tom was promoting another MLM company known as Empower Network via a video.
This company is no longer in existence after running away with money from innocent people who were hoping to make a living out of the business.
This is not a good sign at all.
Well let’s continue further….
Institute For Wealth In Networking Products
This company wants to differentiate itself from Ponzi schemes by offering products that can be marketed by their members.
Their products offer digital information to customers and they are meant to be marketed so that you can recruit more people to the business.
They also have self development and marketing ebooks that are no different from what marketers offer free while marketing a product. Therefore, these products are of low value which doesn’t make sense why they charge $1000 for them.
If anything these products will dissuade people from joining this business if it was to be used during marketing.
Institute For Wealth In Networking Compensation plan
This MLM company uses a compensation plan known as 1 up downline system.
So basically what is happening is that the second person you bring to the business is referred to your upline or sponsor.
Therefore, for the first sales you make, you get to earn 90 percent commission, while the second sales you make you will only get 10 percent commission on sales.
From there, all the subsequent sales you make will earn you a 90 percent commission. The same system will apply to your downline, i.e. the people you recruit.
Here is how you can make money through the buy in levels.
· First level: Make a buy in of $250 and get to earn $225.
· Second level: Make a buy in of $500 and get to earn $450
· Third level: Make a buy in of $1000 and get to earn $900
· Fourth level: Make a buy in of $2000 and get to earn $1800
· Fifth level: Make a buy in of $3750 and get to earn $3375
Institute For Wealth In Networking Review: The verdict
Institute For Wealth In Networking relies on recruitment so that members can make a good income. Therefore, the only way to make money through this business is by recruiting new people.
The problem is that you cannot rely on recruiting people forever. I have seen many recruiting schemes fail in the past and I don’t see how this company will survive the same fate.
Another red flag about iWIN is that they are using paid actors like the guy below to give fake testimonials…
He is the same person that you will see in the testimonial videos on the iWIN website.
I have exposed this same guy in the past from a scam website known as Free Cash Flow. He is merely just a fiverr actor giving false testimonials all over the internet for various make money biz ops in order to earn $5 bucks.
If this business is not a scam, why would they use paid actors rather than real people who have benefited from their system?
Institute For Wealth In Networking is not really a scam business but it has many red flags which is why I don’t recommend it.
I hope that you have benefited from the research which I have done to get this Institute For Wealth In Networking Review out to you.
If you have any questions, please leave them in the comment section below.
Thanks for reading.
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