National Wealth Center – Scam or Golden Opportunity?

by Glen Palo on September 18, 2015

Glen Palo

Is the National Wealth Center (NWC) a scam or golden business opportunity? You may have seen NWC promoted on the internet or in other media or you may have seen one of the NWC team builders like the “Guaranteed Profit System” Funnel and wondered if this is a legitimate business opportunity or just another scam.

Being an internet marketer for the last eighteen years, I have seen many scams and been scammed more times than I like to think. With this experience comes wisdom, which has made joining NWC a wise choice. In this article, the following discussion highlights a number of factors and concerns I considered before joining NWC.

Captain Obvious states that online business opportunities are marketed with the idea that making lots of money quickly is easy to do.

Jim Rohn, one of my favorite personal development authors and motivational speakers, said “Formal education will make you a living, but self-education will make you a fortune.”

Bottom line: Before joining any business opportunity or starting your own business, do your homework.

General Colin Powell stated, “Use the formula P=40 to 70, in which P stands for the probability of success and the numbers indicate the percentage of information acquired.” Part II: “Once the information is in the 40 to 70 range, go with your gut.”

Looking for 100% of the available information will lead to paralysis by analysis.

Two essential factors to consider before joining a business opportunity are the product and the compensation plan.

National Wealth Center offers an extensive number of developmental or self-improvement products in print, video or audio format. These products are grouped into Self Development, Business Development, Wealth Advantage, Fitness Advantage, Wealth Advantage Elite and Network Marketing Elite. NWC adds new content every month.

NWC also offers the National Savings Center. The Savings Center offers discounts and coupons at over 1,000 retailers locally, nationally and online. Recent count is 1,708! Members save on groceries, restaurants, home furnishings, apparel, entertainment, personal care, health & beauty and more. Plus, members can get a Savings Center mobile application for their iphones or android phones.

Here is where the chorus of critics claim NWC is a scam because there has to be a product to a business or it is only a money game, Ponzi scheme or scam. Or they say the product is not worth the price. What!? I saved more than enough in the first month of using the discounts and coupons to cover the cost.

I guess the value of self-devleopment products is subjective. What is self-development worth to you if it makes you a better person or successful? Self-development is a multi-billion dollar industry. TED is spreading globally with the mission to “Spread Ideas” through TED Talks videos and conferences.

As a life-long reader, I have a number of books in my personal library including:

Brian Tracy’s “Maximum Achievement”
Napolean Hill’s “Think and Grow Rich”
Seth Godin’s “Permission Marketing”
Robert T. Kiyosaki’s “Rich Dad, Poor Dad”
George S. Clasen’s “The Richest Man in Babylon”
Anthony Parinello’s “The Power of Will”
Stephen Covey’s “The 7 Habits of Highly Effective People”

Self-development is important to me. It helps me be a better person, husband and father. As General Powell has said, “A dream does not become reality through magic; it takes sweat, determination and hard work.”

The following 6-minute video explains the NWC compensation plan far better than I could. (Please note the video has a “sales” flavor and offer to join. My recommendation is NOT to join from this video. There is a better way below.)

My comment is that this sounds really good. But in reality, most people have difficulty in sponsoring people into their programs. They lack the time, commitment, training or desire to build a business online. They fall for the “get rich quck” hype so many scammers use.

To overcome the sponsoring challenges, the “Guaranteed Profit System” team-building program was created. This is a free program designed to help team members create successful NWC businesses through the use of the GPS Funnel. Everyone who joins the GPS Funnel are placed into a rotator and remain there until they have four members. Everyone promotes the same GPS Funnel website.

The GPS Funnel eliminates the problem inherent in most team build systems where the early members get the most members.

The beauty of the GPS Funnel is that prospects are interested people directed to the team sign-up page via numerous paid and free venues (solo ads, traffic networks, expired domains, our PPC networks, Print ads, TV ads, radio ads, postcard campaigns, social media marketing, and Viral Team Member Free and Paid Marketing).

As signups are delivered to our system and rotated to your page they will either sign-up based on the merits of the offer or they will not.

Click the banner below to see the GPS Funnel rotator in action.