WMI banned in Norway, business as usual in the US?
When Wealth Masters International had their appeal denied and a ban on operating the business in Norway was upheld, you’d have thought some uneasiness would have flowed through the company’s ranks.
After all, Wealth Masters strives to be the ‘world’s premiere wealth creation community’, and it’s a bit hard to achieve that status when countries start banning you for being a pyramid scheme.
Instead of publicly addressing the concerns, accusations and final ruling of the Norwegian Gaming Board against them however, WMI have instead appeared to have shifted focus entirely on their North American operations.
Just days after the Gaming Board upheld that WMI is a pyramid scheme and kicked them out of Norway, WMI has announced the acquisition of five “top producers” to the company; Jeremy Miner (Lifepath Unlimited), Jashin Howell (Global Resorts Network), Ty Coughlin (Reverse Funnel System, Global Resorts Network), Tony Rush and Gene Braxton (Liberty League International, Polaris Media Group, Numis Network, Avant).
I won’t comment on the histories of these marketers as personally I haven’t intimately been following their careers, save to say that all of them appear to have made their fortunes elsewhere – rather than be homegrown success stories that originated from Wealth Masters themselves.
Having been in business since 2005, you’d think that by now there’d be some pillar members in Wealth Masters that the company itself would have retained and be able to showcase. That appears to not be the case.
Rather we’ve got this awkward situation where Wealth Masters are completely ignoring their regulatory woes in Norway and are instead hoping to divert attention away by focusing on their North American efforts.
I know that if I was in a company that was labelled a pyramid scheme overseas I’d be going over the information very carefully and levelling some pretty specific questions at my upline.
‘Why did this happen?’
‘What is my company doing to adress the issues raised?’
‘What support was offered to my company’s members following the decision’ and most important of all;
‘could what happened in Norway happen here?’
These are the questions Wealth Masters should be internally and publicly addressing but instead all we’re hearing is about is the attraction of new third party talent to the company.
Third party talent with no prior history or proven track record with the Wealth Masters compensation plan or products.
Should Wealth Masters ever face regulatory scrutiny elsewhere in the world, no doubt the Norwegian Gaming Board’s investigation and conclusion of the business will be a strong influencing factor.
In a business sense, publicly addressing these concerns is of far more importance right now than attracting new talent to the company and carrying on as if it’s business as usual.
Being kicked out a country and labelled a pyramid scheme isn’t small potatoes and until Wealth Masters acknowledge that, it’s going to be their own personal elephant in the room everywhere they go.
…so hows about it guys?
I guess Jay Kubassek has the solution for how to deal with the bad news. Here is his latest e-mail from his autoresponder:
So, when a police officer comes to arrest you, just ignore him. You don’t want to roll around in the mud with him, do you?
Cognitive dissonance again. If the facts I get (i.e. “hate mail”) does not fit my reality, ignore them.
Unfortunately, no amount of positive attitude is going to change the facts, just as no amount of bailing will save a leaky boat.
It’s kind of amusing (and alarming at the same time) that Kubassek’s entire argument can be summarised into
What a bunch of exclusivity inducing marketing hogwash.
So it roughly translate to: if you can self-delude enough to join us, click here.
I wondered why these guys went over after the Norway pyramid findings, and now I know, the reason these guys have gone over to WMI is that they were offered a FREE pass in and in some cases they are being paid.
WMI is approaching the top people in all opportunities to go over and create one big team, which is beneficial to the reps in the business when the newbies get started, a big buz.
It is totally unfair on the people who have paid good money, $20,000 to position themselves, then a group of so called top marketers (That is debatable) named above start for no money.
They are not the first, and there are more coming, on a free ride, How can this be allowed by WMI?
If I had paid $20,000 to start in business, and then found out that the upline never paid a dime I would be pissed. I have no proof, because underhand dealings are not put in writing, but I can assure you this is the case.
I know for fact, be careful.
Bad mouthing – ha ha, I hear Tony Rush and Gene Braxton are now in WMI and bad mouthing every other opportunity they have been in.
These two are the biggest rip off artist, fleecing their data bases time after time – Why do people continue to believe these guys? Why would you follow someone who can not stay in a company more than two seconds? I find Rushes emails totally amusing, how does that salesman sleep at night!
@MB happens in the networking industry – Michael Hamburger is at the top, what do you expect! Funny how companies attract like!
Jay Kubassek’s mail:
I fully understand him. If his fightings ends this way – with him on the back in the mud – then I fully understand his point of view.
Most of us will manage to stand on our feet during a combat, but he doesn’t seem to have that experience. “Resisting the urge” seems like a “natural choice” for him.
Here’s the recipe:
He surely lost a lot during combats in 2010, but he was never near those combats. It seems like a wise decision if he usually ends up in the mud.
Jay Kubassek’s worst enemy seems to be inside his own head? He creates his own imaginary enemies in his mind, with a lot of imaginary details?
In HIS mind:
* They are from ‘our industry’?
* They are not as successfull as he is?
* They are jealous of his success, and they are badmouthing him because they’re not able to keep it up?
* The reason why they are not successfull is because they spend too much time in forums and blogs, typically badmouthing those who have success?
* They are the bad guys, and he is the good guy? Those who follow him are good guys too, maybe until they quit?.
* He is “the number one”, the world leader in home business.
* His company is the leading company in the industry, fast growing with thousands of happy members?
* His enemies use trickery and fraud, and they don’t tell the truth. He seems to believe that he is telling the truth?
* He tries to ‘minimize’ his imaginary enemies – “they are not able to keep it up”, “Kind of pathetic of them, actually.”?
* He also tries to ‘maximize’ the image of himself?
First I thought this was funny, and I made som jokes about his “mud-experiences”. Then I realized that it’s actually very disturbing, and that he may believe in this himself. His imaginary world doesn’t seem to stay in touch with the real world.
If he truly believes in this himself, then it’s far beyond a state of ‘self-delusion’. It’s closer to a state where he has lost completely contact with reality.
Cognitive dissonance leading to paranoid delusion and dissociative disorder.
(WMI), a global financial education and entrepreneurial resource company based in Sugar Land, Texas proudly announces that world class trainer and author John Lavenia has joined the company as Director of Consultant Development. The addition of entrepreneurial visionaries like Lavenia is part of a coordinated growth strategy for Wealth Masters. “John and Shannon Lavenia are recognized around the globe as strong leaders and top producers in Houston (April 19, 2011) – Wealth Masters International direct sales,” said Karl Bessey, WMI President and Co-Founder. “By building our company the right way, we’re attracting the biggest names in the industry. WMI will be even stronger with the leadership and skills the Lavenias bring to our community.”
Ohhh cmon, the Lavenia’s too?!
Does that mean GiveOpp is officially dead?
All WMI need now is the blonde bird….Rachel (my mum hates me) Oliver.
PLEASSSSE. The Lavenias are certainly in a class of their own. The complete failure of their Giveopp scam shows what a pair of clowns these rabid $cientologists are. WMI is certainly turning into a circus and with so many ringmasters, it too will go the way of giveopp.
Looking at the other scientology cult member, Shane Krider over at Polaris would appear to be getting very few new suckers into his “business”. Their facebook page welcomes new members who “activate” ie pay a small fortune for their DVDs and “con”ferences, but not many are falling for it at the moment.
WMI starts to remind me of a “Retirement Center”, a place where retired networkers can meet and remember the “good old days”, drink coffee, play Bingo (or maybe a pyramid game), etc.