Wealth Generators Reviews 2018

Name: Wealth GeneratorsWealth Generators logo
Website: www.wealthgenerators.com
Price: One-time affiliate fee: $50. One-time registration fee: $30 per product, except Crypto, which is $99 per contract. Products fees: $12.50-199 monthly.
Type: Network Marketing, MLM
Overall Rank: 8 out of 10

What is Wealth Generators?

Wealth Generators is a network Marketing company that features several products that make you money whether you promote the business or not, thus the reason for their slogan, “Make money while you sleep.”

Every product is designed to find money you didn’t know you had (WG Money and Deductr), grow the money that you already have (Ryze, FxOne, CRYPTO, WG Start Ups), and keep more of your money after you’ve made it (Deductr).

What I Liked about Wealth Generators

1. You can make money whether you promote the company or not

The fact is, when you join a network marketing company, you are joining because you want to make money. Yes, they might have a product that has nothing to do with making money, but the ultimate goal of anyone who joins an MLM business is to make money.

The thing I found so interesting about Wealth Generators is that they only feature products that make you money. Looking back on it, I wonder why no one has ever thought to do that before.

A lot of companies have come out with products that help entrepreneurs promote their businesses, which I thought was ingenious in itself, but this is the first time I’ve seen a company feature multiple products whose only purpose is to make money.

We’re talking about automated Forex trading, crypto-currency mining, buying stock in companies while they’re still in their infancy (when the highest profits can be made), and an app that helps you retain more of the money that you already have.

With every other company that’s out there, (as far as I know) you have to promote the company or sell the products if you want to make money. You don’t have to recruit or sell anything with WG. You can just buy the products and let them work for you.

2. Huge payouts

Wealth Generators has one of the most generous compensation plans that I’ve ever seen. You can break even on an All-in membership with as little as 3 team members.

It only takes as little as 9 members to generate $500 in monthly repeat commissions. Only 3 of the 9 need to be sponsored by you. This is unheard of in the network marketing world. I’ll get more into this when we get to the Wealth Generators compensation plan later down the line.

3. The whole business can be run from your cell phone

They like to keep everything simple and easy. You can log into your portal and do everything you need to do from your smart phone. No computer needed.

What I Didn’t Like about Wealth Generators

1. It takes too long to get new people into the money.

This might sound contradictory to what I said earlier, but despite the high payouts, it takes too long to start making money.

New people tend to struggle a little. They have to learn a new system while paying a monthly membership fee until they can get enough sales to at least break even.

The way the Wealth Generators’ compensation plan works is you get exactly enough money to offset your monthly membership fee once you’ve sponsored 3 people.

The thing I don’t like is that you get absolutely nothing for the first 2 people. On the 3rd, assuming all criteria have been met, you get enough money to cancel out the costs of your membership fees.

I would like it better if you got something for the first two people to help offset that fee as you went along.

For example, let’s say you personally have purchased an All-in membership of $199.99. You get nothing for your 1st recruit, nothing for the 2nd recruit, and then on the 3rd, you’d get $199.99 to offset the membership fee. I think it would be smarter if the payouts were $66 for the 1st recruit, $67 for the 2nd, and another $67 for the 3rd instead of getting it all in one lump sum on the 3rd.

It would be easier on new members’ budgets if they’re getting a third of the investment back with each member they sponsor, which leads to more motivation and less attrition.

However, if you’re willing to persist and help 3 people get started, the fee is canceled out completely and there is a lot of money to be made from the products as well recruiting more people.

In fact, I think if you’re willing to sponsor three people, Wealth Generators is one of the most profitable network marketing businesses out there, but you have to be willing to put the work in.

2. Crypto isn’t as good as advertised

I go deeper in depth about this below when I get into the reviews of each individual product, but Wealth Generators’ crypto-currency mining product, Crypto, isn’t as great as it’s made out to be.

A business associate of mine, who knows crypto mining a lot better than most people, explained it to me in a Facebook chat. I took screen caps of the conversation and posted them in the product review of Crypto below.

3. You must already have money (or a credit card) to make money with Wealth Generators

This business is not for broke people. They have membership fees that reach as high as $199 per month, and then you need additional funds on top of that to make your investments.

It can be worth it, though, because this company is all about generating money from the business opportunity all the way down to the products, but just know in advance that you need money, or have to be willing to stretch the money you already have, for this business to work for you.

If you don’t have money or credit cards, you might want to consider taking a look at more affordable business opportunities that have just as much profit potential, like Wealthy Affiliate.

 

Who is Wealth Generators For?

  • Investors
  • Crypto-currency buyers
  • Crypto-currency miners
  • People who want passive income
  • Forex traders
  • Network marketers who want to make big money with fewer people

 

Wealth Generators Products and Services

CRYPTO
Price:

  • Generator = $499.99 with a hashing rate of 11-15 mh/s
  • Business = $999.99 with a hashing rate of 22-30 mh/s
  • Executive = $2,499.99 with a hashing rate of 55-75 mh/s
  • Premiere = $4,999.99 with a hashing rate of 120-150 mh/s
  • All contracts are 1,200 days.

As I mentioned above, Crypto isn’t the best option in the world as far as mining goes. It might sound strange hearing that from a rep, but my goal with this site is to help you make an informed decision. I’ll be 100% honest about everything even if it means admitting there’s a flaw with my company’s products.

I thought Crypto was great when I first heard of it. I was trying to pitch it to a crypto currency miner that I knew from Facebook. He researched it for a few minutes. This screen cap shows what he had to say about it.

Facebook conversation about Crypto

Some of that might be hard to follow, but I’ll explain what it means in a second. Here is the second part:

Crypto vs Hashflar - which is better?

As I said at the end of the conversation above, I looked into what he told me when I got home. I found out that Hashflare’s contracts were 1 year. Wealth Generators’ contracts were 1200 days, which is about 3.287x longer.

I multiplied the price of Hashflare’s prices by 3.287 to cover the difference in time. With both contracts covering 1200 days, Wealth Generators had the better price by far.

I brought this to his attention. Below is a screen cap of that conversation.

Wealth Generators' Crypto mining pros and cons

Sure, there might have been an edge of attitude to his response, but you have to admit the guy knows what he’s talking about. lol.

Basically, what he’s saying is he can buy a mining contract with the same hash rate as Crypto for a lower price, but with a 365-day contract instead of 1200 days.

He makes his money back and turns a profit in half the time that it would take with Crypto.

He uses that profit to upgrade to a higher hash rate, makes his money back again, turns a profit again, and uses the profits to upgrade to a higher hash rate…again.

He repeats this process again and again and again. So by the time 1200 days goes by, he’s at a hash rate 3-6 times higher than what he started with. The higher the hash rate, the more money you make.

With Crypto, on the other hand, you’ll be at the same hash rate the entire 1200 days with no possibility of raising it.

The benefit to Crypto’s mining contract, however, is that you don’t have to worry about selling a mining rig when it’s time to upgrade and there’s no need to learn a lot of techy stuff. It’s a set-it-and-forget-it type of deal so there’s a lot less work.

If you’re aggressive and want to maximize your profits, I’d recommend Hashflare. If you just want to make some money with as little stress as possible, I’d recommend Crypto.

Update: Instead of taking his word for it, here’s what I did…

 

Ryze AI

Ryze AI is artificial intelligence that makes Forex trades for you.

The minimum to open a Ryze AI account is $500. That does not mean you are losing $500. The money still belongs to you. It would be the same as opening a bank account that had a minimum requirement to open it. The $500 is there for the system to start making trades in your name.

As far as fees go, there is a $99 membership fee for new people the first year and then a monthly fee each year after that.

The monthly fee is based on the amount of currency in your account. If you have an All-in membership, it covers every monthly fees for nearly all products.

I’ve included a screen cap so you’ll know what everything means when you log into your account.

Ryze AI of Wealth Generators Income
(Side note: past results do not guarantee future profits.)

Deposits. This is the total amount of money that you’ve added to the account. In this case, the account was opened with $2460.14.

Closed P/L. This means “closed profit/loss.” Once you deposit money into your account, the system starts making trades for you. Closed P/L is the net amount of all the trades that Ryze has made for you. If the number is positive, you’re making money. In this case $526.94 of profit has been added to this account from successful automated trading. Several people were nice enough to let me look at their results for this review. Not a single one of them had a negative number here.

Balance. That’s the total amount of money that you have in your account. It’s the sum of “Deposits” added to “Closed P/L.”

Withdrawals. This is the total amount that you’ve withdrawn from the account. You can withdraw your money at any time. In this case, no money has ever been withdrawn.

Open P/L. This is the amount of money that is currently being invested. This will always be a negative number, but that doesn’t mean the money is lost. Because it’s being invested at the current time, it’s listed as a negative number until the trades close. When those trades close, they move to the Closed P/L section as a positive or negative depending on how the trade went.

Equity. This is the “Balance” minus “Open P/L.” It’s the amount of money that’s currently available for withdrawals. Since your Open P/L is money that is currently being invested, it won’t be available for withdrawal until after it closes, assuming it closes for a profit.

 

Deductr

Deductr (yes, that’s the way it’s spelled) is an app that helps you get your spending habits in line.

I found this the least valuable tool of the bunch. Some say it will help you save hundreds by charting and tracking what you spend, and for some people that might be true, but a calculator and a little common sense will accomplish the same thing.

It doesn’t hurt to have it, though. Charts and automation do a lot to make the process quicker.

 

FX One

FX One is binary trading like Ryze AI, but it’s more hands on. You get live binary options trading sessions, trade alerts that tell you when to make trades, and training.

All of the trading sessions are recorded so you can review them when you want.

The benefit of FxOne is that you maintain more control of what trades you want to take. You’ll be more educated on how binary trading works than you would with Ryze AI, which does everything for you. You can fund your account to begin trading with as little as $100 whereas it takes $500 with Ryze AI.

FxOne was made as a better option for people who don’t have a ton of money lying around.

If you do have a lot of money, Ryze AI is a better choice because it does everything for you and frees you to work on other projects.

 

WG Money

WG Money is a library of videos and files. They are full of tips on how to manage money. They cover topics that we face in everyday life, like managing money when you have children, buying cars, student loans, and many other topics.

I’ve been exposed to most of the information already, but a little reminder never hurts, and I did learn some new tricks. These videos are worth studying.

In fact, I’d recommend you start with this section because they cover situations that we deal with every day. Crypto, Deductr, FX One, and Ryze AI can wait a couple days until you’re finished.

 

WG Start Ups

This was the most interesting product in Wealth Generators. Have you ever heard of the TV show, Shark Tank? It works on the same principle.

There are hundreds of new businesses out there looking for investors. Most are in the beginning stages. That’s when the profits can be at their highest.

WG Start Ups is a way to make investments in these companies by buying stock in the beginning. I saw some products in there that I believe will make a lot of people very wealthy.

 

Wealth Generators Tools & Training

The back office is awesome. New members are placed in what’s called the Waiting Room for 30 days. You have the option of placing them under other members if you want. Members do that to motivate their team and to get promotions when the situation calls for it.

You get 4 affiliate links, presentation videos, PDF files, and PowerPoint presentations.

The back office is very organized. Corporate does weekly trainings to show you how to use the tools that they provide.

You might also get group training depending on who you join with.

 

Wealth Generators Support

Wealth Generators’ support line is 888-778-5372. They’re available from 10AM-7PM EST.

Wealth Generator’ email address is support@wealthgenerators.com.

Wealth Generators Compensation Plan

Wealth Generators' Guaranteed Generator rank

Each person gets 3 people on their front line, meaning anyone sponsored after the 3rd will still be in your downline, but will not do anything for increasing your bonus. Each person, depending on the products they purchase, is worth 100-150 PV (personal volume), which is why it only takes 3-4 people to break even.

Personal volume is any volume generated by your purchases and the purchases made by people that you personally sponsored.

In the example above, everyone is worth 100 PV because they bought limited-product memberships. If everyone got the All-in package, they would be worth 150 PV each and everyone would advance faster. That’s why people are earning $500 a month with as little as 9 people.

Wealth Generators Compensation Plan
As you can see from the chart above, you have to maintain a personal volume (PV) of 400 in order to qualify for any bonus, which is 3-4 people, depending on what products everyone bought.

To get promotions, you must maintain 400 PV, plus meet the minimum requirements for your group, which is tracked under QGV. QGV volume is calculated by adding your PV to all volume generated by the people your personal team has sponsored.

For example, if you sponsor Bob, Bob’s purchases are a part of you PV. If Bob sponsors Jack, your QGV would be Bob’s purchases plus Jack’s purchases plus your own purchases.

Max Volume from One Leg is their way of ensuring everyone is spread out evenly. This benefits you because someone above you might put someone that they sponsored under you to meet this requirement because it could be their only way of qualifying for a promotion.

This is not guaranteed to happen, but it does happen. My first recruit was placed under me by someone in my upline, so I know from personal experience that it does happen.

All of the payments listed under Wealth Club Bonus are repeat monthly payments for as long as the minimum requirements are met.

My Final Opinion of Wealth Generators

People join network marketing companies to make money. Money, for most companies, can only be generated by recruiting new reps or selling the products. Either way, a sale has to be made.

Wealth Generators is the only one that I’ve heard of that that doesn’t apply to.

I think it was ingenious to use products that make you money regardless of sales.

That makes it possible for a lot of people to succeed with this business who would have failed with any other.

I’m talking about people who don’t like sales, people who don’t like to talk to people, shy people, people who have more money to invest than time to promote a business.

For people who do decide to promote the business, knowing you don’t need anybody to buy anything for you to make money makes the experience a lot less stressful.

Despite all of that, Wealth Generators’ products are pricey. They can eat into your profits, so my recommendation to anyone thinking about joining is to get in and make it your goal to sponsor enough people to get rid of the membership fee. You can always stop after the membership fee is gone if you don’t like recruiting, but at least get rid of that fee.

The risk of losing money with those products is there, but they have a history of winning, and without the monthly fee, any money you make is pure profit.

FINAL RATING: 8 out of 10

Click here to see my #1 Recommendation

Click here to visit Wealth Generators


Did you enjoy this review? Are you currently a member of Wealth Generators or considering joining? I like to hear from my readers. Use the Comments field below to tell me what you think, and if you got any value from this review, please Share it.

 

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This Post Has 14 Comments

  1. Hi Terrance. Yes, Wealth Generators’ name was changed to Kuvera Global. It isn’t reflected in this post because I am going to write an update to the this review for 2019 in a few month and I was going to address the name change there.

    As far as Ryze, yes, it is still profitable, but as always, past performance does not guarantee future results. But yes, we do consistently see 1-4% profit on our accounts per month. Sounds like you’re ready to make some money?

  2. It looks like Wealth Generators has changed to “My Kuvera”? And is Ryze showing itself to be profitable still?

  3. Easy. You would have a website if you’re an affiliate too.

  4. I read your Wealth Generator Review from top to bottom as I have a fascination with stock trading. I was surprised to see that Wealth Generators has several options to make money with different stock options.
    Liked how you can do this all from your smartphone but I do think the membership is a bit pricey.
    One thing baffles me but? It would be okay to cover the cost of the membership by referring 3 people. But how do you refer someone without having a website? Can you please explain to me how this process works?
    Thanks, Jeff.

  5. Yes, the monthly membership fee is $199. In addition to that, you would pay additional money for the actual investments.

    Nothing is 100%, but I’d say crypto currency is here to stay. You’d still have to learn the business and know when to buy and sell to make money though. Ryze does that for you but I paid so much in fees that I wasn’t making too much of anything.

  6. I’m fascinated by your article! I’ve heard small things about this opportunity, but haven’t had the chance to look into it until now.

    I have been really interested in MLM for a while. It’s surrounded with a lot of negativity, and it definitely makes me skeptical. In the past I’ve had friends try recruiting me for Amway, but I had a hard time seeing any lasting, powerful value to the product, so it didn’t win me over.

    This has a product that seems to have a clear value. The difficulty is just the cost. Am I write in understanding that you would need to maintain a monthly fee of over $100 to stay with the company?

    I’ve never done automated trading, I’ve only actively and manually traded penny stocks myself. I’ve also yet to get into crypto. Can these automated methods be a pretty safe bet?

    Thanks.

  7. The length of time to get paid varies from person to person because it’s performance-based, but yes, it can take a while if you’re not coming in with a down line already in place. Still a good opportunity for people with money though. 

  8. I never do well in MLM’s. People have a tendency to shy away from them. Maybe its because they are tired of things like Amway and other MLM’s that have been around for years. It’s just the same but with new ideas and a twist. I don’t think I could do it if it takes so long to get paid.

  9. Yes I have invested time and money into MLM businesses. You get out of them what you put into them. Most will work if you put enough time and effort into them.

    And I think you misunderstood what I was saying about how long it takes to make money. I know everything entrepreneurs do tend to take time, but I was saying you don’t get paid at all for the first 2sign-ups, which I feel is something I don’t like. Thanks for the feedback, brother.

  10. Hi Lashaun,
    Really enjoyed your review of Wealth Generators. I have to be honest, I’ve never even heard of them. After reading your article I feel I have a solid overview and some really good detail as well, appreciate you sharing. Have you invested your own money and/or time in these MLM type opportunities? I know there are plenty of them around, I’ve just never done one. This one with Wealth Generators seems like it’s about as good a program as there is.
    As you mentioned one of the down sides is the having to wait a while to make any money. I don’t think that’s a bad thing, any business worth building typically doesn’t jump right out of the gate. Especially one you can run from your cell phone!
    Thanks,
    Mat A.

  11. Yes, I’ll admit the Start Ups are the main thing that I was interested in, other than Ryze and Crypto. Wealth Generators is a great company for people who already have money to invest in start-up companies, but it wasn’t right for the people that I am trying to help, which are people who are in the same situation that I was in when I first started out – high ambition, low cash.

  12. Wow.That’s the first time that I heard of an MLM, whereby your success is not dependent on solely recruiting.

    I agree with you on the membership side of things. If they paid a commision for every referral that joins from the very first member, it would probably have a higher retention rate.

    It would motivate the member to go out and try to get the other two members.

    I like some of these products, though they are pricey as you had mentioned. The WG Start-ups is what interests me. I like to look at starter companies, and see if they have what it takes to make it in the big world.

    Thanks for all the help

  13. Great questions. Yes, this company is legit. They are actually the only network marketing company that I know of that is publicly traded. You have to be legit to be publicly traded. 

    As for how it compares to Wealthy Affiliate, I’ve always believed that it’s the people who make the company great, not the other way around, so which is better is something you would have to decide for yourself. I think they’re both awesome companies, but they’re different and have different systems to promote them, so you should read reviews for both companies and decide for yourself.

    Personally, I think they’re a perfect compliment to each other. Wealthy Affiliate has a low buy in, Wealth Generators has a high pay out. Wealthy Affiliate is affiliate marketing, Wealth Generators is network marketing. Wealthy Affiliate can be used to promote both businesses, Wealth Generators can make you money with the products alone. The list can go on and on. 

  14. Hello there! I’m a college student and I’m looking for a way to earn extra money online. I read your review about wealth generator and it so good to be true. Your article is really informative and helpful but I’m scared to try things online knowing that there’s a lot of scam floating around the web. Is this a legit website? And how does this compare to wealthy affiliate? I really appreciate your response.

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