An Honest Extreme Wealth Formula Review
Extreme Wealth Formula as Reviewed By The HBB Advisor
It has been many months in the making, but Dan Miller has partnered up with Brett Shelite ( The HBB Advisor) and four other top earners to launch a program that quite honestly will put any other Teir 1 Direct Pay Program to shame.
Mark my words on this. In fact, bookmark this hub so you can come back to it because over the next several weeks everyone in this industry is going to know about Extreme Wealth Formula.
And... if you are reading this a few weeks after this hub was officially published then you probably already know this to be true.
Here is why The EWF Program is or will be so popular.
Dan originally got the idea for EWF after taking the time to speak with some of the top earners in one of his other extremely successful programs. He asked each of us what a "perfect" online business would be like. And he paid very close attention.
He then set out to speak with as money highly successful, top earners in the industry that were not a part of any of his existing programs. He asked them the same question and he listened.
He then took all of the ideas that he heard and put together the basics for what would end up becoming Extreme Wealth Formula.
But he had a lot of obsticles to overcome. The least of which was the fact that their was no script on the market that could do even half of what needed to be done. So he hired several top programers and put them to work. It took them almost a year so design the script and test it everyway possible and make sure it not only did what Dan wanted but was totally bug free.
And I must say that the first time I logged into the EWF back office I was totally amazed.
So basically here are some of the things that the top earners in the industry told Dan his program needed to have.
- It needed to be a top tier program so people could make real money with it. The income potential needed to rival that of all of the gifting programs that are so hot right now.
- It needed to have a product line that everyone could be proud of.
- The start up costs needed to be under $2,000 and there could NOT be multiple levels to join at.
- There could be no monthly fees.
- There could be no pass-up or training sales. Everyone should get paid directly on their first sale and every single sale they ever made.
- There needs to be a way for everyone to get paid every single time one of their direct members made a sale. Allowing for real leverage of income.
- There needs to be weekly LIVE training from top earners in the industry.
- There needs to be powerful training on how to drive high quality, extremely targeted traffic to the site.
- There needs to be a way for people who don't already know how to market and drive quality traffic to be successful while they go through the learning curve that everyone has to go through while learning how to market.
- The site needs to be a high converting site so all the members need to do is drive high quality targeted traffic to the site.
Wait until you see how Dan did.
The business is a top tier program that costs $1799 to join. Also, that is the only level one can start at and Dan will never add any other levels to the business.
For the $1799 the new business owner gets two fully functional websites. They also get access to unlimited vacations, cruises, and resorts. In addition they get access to the powerful training that teaches them how to effectively market the EWF program both online and offline. They also get access to the live training webinars where top earners will share their biggest marketing secrets.
With most direct sales programs there is no incentive for the top earners to share their secrets. If they do it cuts into their income because there is no income available to them when people on their team makes a sale. But because of the second tier overides (which I will explain in a moment) they want to show their members EXACTLY how to make as many sales as possible. So now there truly is no reason to hold back any of their best techniques.
Here are just a few of the marketing methods that are taught both in the back office and in the live training...
- Postcard Marketing. You only need a 1/10th of 1% response rate to make a profit!
- Magazine Classifieds.
- Guaranteed Leads Program that actually GUARANTEES sales.
- PPC Marketing that really works.
- Reverse Marketing.
- Crosslinking for traffic.
- Article Marketing.
- Press Release Marketing.
- Video Marketing.
- Blog Marketing.
- Building Backlinks.
- Online Classified Marketing.
- Solo-Ad Marketing.
- Opt-in Marketing.
- Banner Advertising.
- Forum Marketing.
One thing that most people truly do not get about running a REAL online business is that their is ONE SKILL that one must learn. And that is marketing and driving quality targeted traffic to their website. Once that one skill is learned then they are able to add as many different programs to their portfolio (one at a time of course) and be successful.
In fact once a person truly develops this critical skill they can start a program and be in profit within a few days or even a few hours!
So in my opinion the training a person gets for being a part of the EWF business is worth the price of admission.
As for the no monthly fees requirement. There really is a good reason for this. If a person thinks about it those monthly fees add up quickly. Most similar businesses online charge from $30 to $50 or more per month as an "admin" fee. That equates to $360 to $600 a year coming out of their pocket.
Dan strongly believes that this money would be put to much better use. That $600 should be used to make you more money. You can pay for a lot of advertising with that amount of cash.
Now for the no pass-up or training sales requirement. It is a proven fact that only around 2% of the people who join a 1 up or 2 up program ever pass up those sales to their sponsor.
Why?... The biggest reason might be that it is quite depressing to know that you put out money and time to drive traffic to your site only to not get paid on the first two sales you make.
That is why Dan set the business up so that each new business owner gets paid on their first sale and every single sale they make. And best of all the money is paid directly to the business owner. So they don't have to wait weeks or more to get a check in the mail.
The way the EWF compensation plan is structured is ingenious in itself. When someone decides to become a business owner and makes the product purchase for $1799 they pay the person who sold the business to them $1,000. They then pay $500 to the person who their sponsor purchased from and the remainder goes to the admin to cover the cost of running the sites.
So to clarify the business owner gets $1,000 on all direct sales and a $500 overide on all second level sales.
This is one of the biggest reasons I am able to give EWF a strong 10 out of 10 recomendation. The overides are like a 50% matching bonus.
I crunched some realistic numbers and was amazed by what I found.
If a business owner averages only 5 sales per month and each person that purchases the business from them averages only 1 sale per month the numbers can be staggering.
Month 1. 5 personal sales $5,000
Month 2. 5 personal sales $5,000 plus $2,500 in overides.
Month 3. 5 personal sales $5,000 and $5,000 in overides.
Month 4. 5 personal sales $5,000 and $7,500 in overides.
Month 5. 5 personal sales $5,000 and $10,000 in overides.
Month 6. 5 personal sales $5,000 and $12,500 in overides.
So in only 6 months of very realistic results the business owner has potentially made $67,500 and is well on their way to a six-figure first year.
And Dan even added another feature to the pay structure that could easily double the numbers above. It is called swingline bonuses.
One of the must have features mentioned above was a way for people to earn while they are learning how to market.
Well EWF takes care of that also. One of the options available to each independent business owner is the ability to "piggy back" off of the advertising of the professionals.
To do this each busniness owner can purchase shares in many different forms of advertising including the Guranteed Leads Program as well as shares of full page color magazine ads.
Another reason I give this program a good review is because of the timing of the launch.
While everyone knows that there is a recession going on right now and that millions of people are in a world of hurt, the business opportunity market place is booming.
A large percentage of these people that are hurting financially are looking for good and legitimate ways to earn an additional income by working a home based business.
And when they are presented with a business as powerful and as high quality as the EWF Program they are very interested. Especially with the income potential available.
There is one very powerful feature that Dan added to Extreme Wealth Formula that puts this business over the top. And to my knowlege no other program online has this feature.
Each business owner has the ability to build a force of affiliates to help them promote their business.
Each affiliate gets there own site as well as access to the training part of the back office.
Every time one of their affiliates makes a sale the system automatically assigns the sale to the independent business owner and the person joining the business will pay $300 directly to the affiliate and the remaining $700 to the independent business owner the affiliate is working with. The $500 overide and the admin fee are paid out as mentioned above.
So imagine that a business owner over the course of a year builds up a team of affiliates of about 1,000. Online statistics say that 10% or 100 of them will actually be active. If those 100 active affiliates only average 1 sale per month that would put $70,000 per month of additional income in the business owners bank account.
Not to mention that each of those 100 sales would provide the $500 overides to the business owner everytime they make a sale. And that doesn't even count the swingline bonuses that I mentioned above.
What if those hundred each averaged only 1 sale per month themselves. The business owner would receive another $50,000 in income that month.
As you can see... the potential is truly staggering. That is why so many people want to join EWF Program.
So... All in all The HBB Advisor gives EWF a perfect 10 out of 10 Stars and believes that this program would make a great addition to anyones portfolio. And I'm sure you can see why. So be sure and check it out and join Extreme Wealth Formula today.
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About The Author
Brett Shelite AKA The HBB Advisor has been making a living online for a number of years now. In fact he has not held a J.O.B. in over 7 years now. He strongly believes that anyone can make a good living online if they find a program that they can believe in. However, he also believes that no matter how good your program may be that if a person does not know how to market properly (both online and off) that their success will be slow and difficult to obtain. If you would like more information on anything Brett is doing just visit his HBB Advisor Site.