In the information industry, as in any commercial industry, the one that sets the price has the ultimate responsibility of directing attention, while focusing on minimizing costs and maximizing returns. Traditionally this role and the control it entailed belonged to the corporation. In recent years, the customer has realized the purchase power entailed to the individual's role and has evolved from the ultimate firm's target to a valuable mechanism of the overall distribution channel.
Today people exchange goods and information via alternative markets like the Internet, over special host-sites like e-Bay, or even through spam. This newly adopted reality regarding the emerging role of customer's control over the distribution process even for otherwise meaningless commodities, has added value to the process itself while eliminating cost related issues from the sender to the receiver. This challenging new category of exchange has created a new demand of capable consumer networks in order to host new needs and take over control from the otherwise powerful corporations. At the same time, the vast market of everyday Internet users has shifted the information distribution channel further, to the point where open systems are becoming a new trend and information is valued separately and over the actual product or service offered.
In the new agenda of the Department of State, another market shift has already created a new segment for the U.S. corporations, where the service in quest is that of cheap computer programming. Countries like China and India, of great economic importance for the U.S. national interests, have already assigned themselves as the new users and at the same time future developers of innovative technologies and some support that Iraq and Afghanistan will be soon able to export minds, not products. The interesting part is that these new markets, have already found willing buyers whose interests are directed by the same controlling power from which private corporations have benefited in the past. The United States offers the training to the gifted elite of these underdeveloped countries, whose minds will work later as inside agents for U.S. national interests. These brighter people will in turn educate others so as to continue to produce for the huge target markets of the developed world. This is an interesting outcome of a series of events. The country that sets this new network will be the one that will benefit the most, like in the case of the first-comer benefits of the Venice commercial era. New networks, outsourcing and national economic outcomes will foster this change and create a fertile ground upon which new emergences will take place.
These blurred boundaries between production, distribution and consumption have released a new dynamic principle that genuinely challenges present generations and contemporary markets. Since the issue remains maximization of profits and control, international relations are in the viewfinder of national attempts to decrease trade barriers and increase interconnection. The emerging network interdependencies, fostered by the major positive externalities that have been recognized by the industry's professionals, have created new systems of distribution where the seller is at the same time the buyer and the processor of the requested information. Consequently, the issue now remains which are the key market objectives of this emerging networked environment.
Masters In International Development
Who's Running the Company?
Kip Herriage founder and CEO of Wealth Masters International, a Texas based company, incorporated in 2005. Kip's background is in the finance industry with 15 yrs spent on Wall Street. Karl Bessey, Predident and Co-Founder of WMI has a very different background. He was an underground coal miner in Utah for 22 yrs before becoming involved in the MLM industry.
Kip and Karl founded WMI with the vision "to create success and wealth in others, one person at a time.
What Is The Cost To Join?
Wealth Masters International is broken down into three courses: m1, m2 and m3. The m1 course is sold for $1495, m2 for $8495, and m3 for $12,995. You are not required to purchase the m1, m2,or m3 products to become a Consultant with WMI. You have the option of choosing to pay $149 to become a yearly consultant for WMI. If you decide on this option, you will be passing up your first 3 sales and the sponsorship of those people to your sponsoring consultant. Following the third sale and member pass up, the "newbie" is now "qualified" and enters the WMI Compensation Plan as a "Consultant". The $149 fee is a small price to pay comparatively to the $20,000 price tag, but you are required to pass up your first 3 sales along with sponsorship. From there the business model is similar to that of an MLM company. Percentages of your sales are paid out to your sponsor if you do not qualify to receive them yet.
Wealth Masters International recommends joining with their "platinum plus program" which consists of all three courses and is priced at $20,750.
What If Anything Makes This Company Stand Out From The Rest?
WMI is a new company without the long term backing of other companies. We are yet to see if they will even be around in 5 yrs or end up as the next online scam. A few of their products available are repairing you credit, education of the family, incorporating your business, etc. However, the products are delivered by mail and are not fully internet automated. Internet automation just cuts down on a lot of paperwork hassle. At this point the company consists of a lot of Big MLMer's who have switched over to test the direct sales water.
So in the end what really stands out about this company is a couple of things. You DO NOT get to keep 100% of the commissions. You will be CONTINUALLY passing up money to your upline over and over again. But the truly shocking thing is the price tag to sign up. If you are going to spend $20,000 on a program, you better make sure that the returns are immediate, and that you have all the support in the world from your sponsor.
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