Is Secrets of The Wealthy an easy way to make it rich? Or is Sgt. Mark’s system just going to be a waste of your money and time?
Of course it is being promoted as the greatest opportunity since the beginning of time, but what you hear isn’t necessarily true. And I’m here to help break up the confusion.
In this review I’ll be giving you a realistic look at what you would be getting into if you were to join Secrets of The Wealthy (SOTW).
Spoiler alert: This it is not the incredible system that it is claimed to be. You we’ll see what I mean by this.
Secrets of The Wealthy Review
This SOTW system was created Bob Shaffer and seems to be run by a guy named Mark, who is a retired Army Sgt. It is all about being able to earn easy money online, or even off-line. There isn’t a focus on building some online business, learning some complicated new skills, or anything like that. It is strictly focused on giving people the opportunity to earn easy money with as little work as possible… No long training to get through or anything like that.
Sounds good… I mean who doesn’t want to earn money and who doesn’t want it to be super easy?
But while it is true that you can earn large amounts of money with this system, there are some serious downsides that I will be going over.
But anyways… The first video I came across when looking into this is pictured here…
In the video there was talk about being able to earn $10,000 per week in income with this system, which combines top tier sales with a “turnkey platform”.
The video is basically an introduction to the system, but really didn’t tell you much at all. It just hyped up everything and was basically to get you excited.
Below the video I noticed a bunch of testimonials from people who have supposedly been making tons of money with this system. But are they real or fake? I have reviewed tons of scams online with testimonials I have proven to be fake, but it can still be difficult to say for sure at times. When I first came across these testimonials they actually did seem legitimate to me, but as you will see in a bit… I’m hesitant to trust them.
In this video there was talk about people making over $100,000 a month and a ton more testimonials. However, after watching this video I was starting to question the legitimacy of these testimonials. There was a ton of people talking about “plugging in” to the system and profiting… Which just seems like a weird phrase for everyone to be using. It basically seems to me like they were being told what to say.
Back to the system: You are told that you can generate between $1500-$10,500 or more per week and that the system well…
- Find prospects for you
- Qualify them
- Contact them
Ok…I See What’s Going On Here
After doing some looking around I was starting to see some similarities to other systems I’ve reviewed in the past, such as Big Profit System and High Ticket Income System. Basically the SOTW system is another high-ticket money scheme.
Basically what you do is buy into the system at ridiculous prices and then make money by recruiting other people into the system, just as you were recruited in.
There are four different product levels that you can buy in at… Ranging from $3000 plus an administrative fee to $21,000 plus the administrative fee. You can see their prices as follows…
4 Product Levels:
- Gold Level – $3,000 + $247 admin fee
- Platinim Level – $7,000 + $447 admin fee
- Diamond Level – $14,000 + $647 admin fee
- Ultra Royal – $21,000 + $847 admin fee
So after you buy in the goal is to resell the different products packages.
It isn’t a cash gifting scheme or anything like that. When you buy in at these different levels you do get a product. What you get is a bundle of E-training courses in things like business development, marketing training, personal development training, wealth education training and more. So you are getting some value.
However… These E-training products in my opinion are just a cover-up to try to add some legitimacy to this business, which is focused around buying in and then reselling these different product levels for massive commissions.
Once you buy and you will be able to earn 50% commissions on every sale that you help make. Of course your “success coaches” will close the sales for you, but you will still help make the sales in the first place.
So at a minimum, if you join at the lowest Gold level, which costs $3000, you will earn a 50% commission of $1500 when you recruit people in and they join at that level.
Why It’s a Big Scheme
No one is buying into this system for the E-training products that they are getting… They are buying in so that they can earn large commissions recruiting other people in as well. That is it. The products are just there for legality purposes.
And while these products may have some value to them, they are definitely not worth the amount of money that people are paying for them. Just think about it… If the E-training products that you get at the Gold Level were really worth $3000, then how would they be able to pay people commissions of $1500 for recruiting other people into this level?
The goal here is obviously to sell this crap at insanely inflated prices for the sake of members being able to earn massive commissions.
How It Works
Step 1: Lead Generation
So the first step is lead generation. This is when you capture email addresses and phone numbers for potential prospects.
In the presentation there is no detailed information offered on this, but there is mention of “ad packages”. So what it seems is going on here is that you will be purchasing these advertising packages to promote the system which will then lead to lead generation.
Step 2: Contact Prospects
After you promote the system and help generate some leads, they will be contacted by “success coaches” and sent directly to your webpage for as SOTW.
Step 3: You Get Paid
Then… If the people in the buy into the system you get paid commissions as discussed above. The same thing that is happening to you now is going to happen to the other people that you help recruit into the system.
Is It Really as Little Work as He Tells You?
You might be wondering… If the system really is as little work as you are told, then why do the results differ so much?
For example… In the video presentation there were testimonials from some people claiming that they are earning over $100,000 a month while others aren’t earning even close to that… So why the big difference?
If the system was doing all the work, then you would expect the results to be identical for everyone… When you?
Well… Just as was always to make money online, this is not going to be as simple as it seems. And much of the differences in earnings probably comes from the ad packages that you are going to have to buy, which start at $99 apiece.
One of the unfortunate sides to getting involved in a system like this is that you don’t really know what you’re getting involved in.
I know I hope to clarify some things and hopefully give you a better idea of what this is all about, but I still have some unanswered questions myself.
For example… He mentions that leads are generated both online and off-line… But what does he mean by this? How is this system going to generate leads off-line?
And it seems that you can also get paid directly to your bank account or by getting checks sent to your address… But how does this work?
These or questions I have no idea how to answer.
Why This Isn’t Something I’d Recommend
While there are some details to the system that I do not know, based on what I see and what I do know this is definitely not a system I am going to be recommending to my readers. Why not? Well… Because I just don’t think it will be worth it.
Well it is definitely possible to make large commissions with a system like this, I think that most people who buy into this will stand a greater chance of losing money rather than making money.
First off, you have to realize that recruiting people into a system like this is much easier said than done. People aren’t just going to take out $3000 (the minimum amount) and buy into something that seems a bit on the scammy side. Just like you, they will probably be suspicious and search for additional information online.
Second, I have reviewed other similar systems in the past in they never seem to last very long. They make their way online, or popular for a short period of time, and then disappearing and are never heard of again.
While everyone once in easy way to make money that requires little to no work, unfortunately ways like this are not very sustainable. I have been involved in online marketing since 2015 and I don’t know of any “super easy” way to make money online.
But anyways… I hope you enjoyed this review and found at least somewhat helpful. If you are looking for a legitimate and sustainable way to make money online, I would highly suggest taking a look at how I went from $0 to over $6000 a month online.
Leave any comments or questions down below and I’ll get back to you as soon as I can 🙂
so how is your program better and not a scam?
SOTW is just a high ticket scam program where people make money selling the same program to others. There isn’t much real value there.
Wealthy Affiliate (which is what I recommend) actually teaches people how to make money on their own. You can read my review of Wealthy Affiliate for more info on how it differs. Overall it is a lot better.
This is a pyramid scheme. I have seen a few in my life. As a career Soldier, I have had to deal with many of my subordinates being victims of the scheme. Only those at the top and middle make money at the expense of those at the base of the pyramid, the victims, who are left with no return on their investment because the well dried up or people got wise to the scam. All the money is made by recruiting new members into the pyramid and their “investment” or “membership fee. All the “coaches” (con-men) are at the top, taking half the commission of everyone you recruit, and everyone your recruits recruit, and everyone their recruits recruit. The problem is, it multiplies quickly and soon the base of the pyramid is astronomical, everyone that can can afford to be a member is in the pyramid and most near the base are losing money. If you want to participate, you better get in at the begining, and be okay with knowing you are participating in a con that will produce victims. Adding a product to the scheme brings the con into legality. We had one involving Soldiers at Fort Bragg, NC in the 80s, before the internet and cell phones, that involved long distance phonecards with the local phone service. Within four weeks the pyramid had grown so large that there was no one left in the Fayetteville, NC area that hadn’t been involved or touched by it in some way. The amount of people left at the bottom of the pyramid was massive and never achieved any “sales” and lost their “investment”. A.L. Williams did the same thing with term life insurance. Before the internet, the pyramid schemes were pretty much played out in local towns and cities, a collection of small individual pyramids. With the internet leaping through all boundries, I anticipate a world wide massive pyramid scheme. It my take longer to peter-out. Don’t get caught at the bottom of the pyramid when it does.
SOTW with Sgt Marc Wilson is definitely a scam. I ignorantly invested money into this and soon found out that it is nothing but a scam. As soon as Marc Wilson gets his money, he disappears. I have not heard back or made any money. Please don’t make the stupid mistake I made.
I got ripped off by Sgt. Marc Wilson. If you are considering joining Secrets of the Wealthy aka (SOTW) DO NOT JOIN. It definitely is a scam! Do you know of a way I can get my $3500 back?