Wealth Start Business Review: Watch ads, become a millionaire?
There is no information on the Wealth Start Business indicating who owns or runs the business.
The Wealth Start Business website domain (“wealth-start-business.com”) was registered on the 25th of March 2010. Turan Uzunsokakli is listed as the owner, with an address in North Rhine-Westphalia, Germany also provided.
Uzunsokakli’s name appears as the default referer if you visit the Wealth Start Business without a referral code, suggesting he is running the company.
Uzunsokakli has a history of participation in pyramid schemes, including Magic Seven (pay $5 and recruit others who do the same) and 12 Week Millionaire (pay $18 and recruit others who pay the same).
Read on for a full review of the Wealth Start Business MLM opportunity.
The Wealth Start Business Product Line
Wealth Start Business has no retailable products or services, with affiliates only able to market Wealth Start Business affiliate membership itself.
The Wealth Start Business Compensation Plan
The Wealth Start Business compensation plan promises affiliates they can “become a millionaire without money out of pocket”.
This, the company claims, is achieved by “spending only 15 minutes per day watching advertising from advertisers globally”.
Wealth Start Business don’t pay affiliates directly for watching ads, but rather based on how many affiliates they’ve recruited.
Commissions in Wealth Start Business are tracked through a 5×4 matrix.
A 5×4 matrix places an affiliate at the top of a matrix, with five positions directly under them:
These initial five positions form the first level of the matrix. The second level of the matrix is generated by splitting each of the five positions into another five positions each (25 positions).
The third and fourth levels of the matrix are generated in the same manner, with a complete 5×4 matrix housing 780 positions.
Positions in the matrix are filled via direct and indirect recruitment of new Wealth Start Business affiliates.
Commissions are paid out as recruited affiliates are placed inside an existing Wealth Start Business affiliate’s matrix as follows:
- level 1 – 50 cents per month per position filled (5 positions)
- level 2 – 25 cents per month per position filled (25 positions)
- level 3 – 25 cents per month per position filled (125 positions)
- level 4 – 50 cents per month per position filled (625 positions)
There is also an additional “activated” component of the Wealth Start Business compensation plan, which appears to use the same matrix structure but with monthly fees.
These fees are not disclosed on the Wealth Start Business website.
Joining Wealth Start Business
Wealth Start Business affiliate membership is initially free but appears to eventually be tied to a monthly fee.
We aim to create 100 WSB Millionaires until March 2017!
As a WSB member, you will spend daily 15 minutes only and your task will be watching advertising! If you can click a link, then you are the right person to earn up to $11,912.50 per month from all 4 levels.
Join now and start sharing your WSB referral link with your contacts to become one of the 100 Members for the 15 minutes per day Millionaires challenge.
Quite obviously Wealth Start Business affiliates are not going to be earning thousands of dollars a month (over $20,000 is advertised), simply by watching 15 minutes worth of ads a day.
At some point affiliates are going to have to pay a fee, which is then used to pay affiliates with the largest downlines.
That this is not openly disclosed on the Wealth Start Business should be of concern.
Wealth Start Business lead with the free membership (which is capped at a few hundred dollars a month, if it doesn’t collapse), in the hope that free affiliates will later pay to “activate” (likely through “fear of loss” marketing).
Regardless, nothing is being marketed to or sold to retail customers, meaning Wealth Start Business are paying out solely on the recruitment of new affiliates.
This constitutes a pyramid scheme and will collapse once affiliate recruitment slows down.