12 users graded this
Date Added: 12/23/2009 Reviewer: Traces2757
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Grade Power Wealth Team ...
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Website URL: http://www.powerwealthteam.com
Company Name: Power Wealth Team Alexa Traffic Rank: 28,295,624  |
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Power Wealth Team is a network marketing matrix membership program run by internet marketer Doug Hoffman of SLH Marketing. This program offers members a way to earn money by referring other members to the program, and it is a direct, 3x10 matrix, so you receive referral spillover according to your position in the matrix. You can earn commissions down to 10 levels deep.
In order to join the Power Wealth Team program, you need to pay a one time startup fee of $49.95, then $24.95 each month after that as long as you want to stay in the program. First of all, you get bonus downloadable products for this, because there have to be products offered in programs like this in order for them to be legal. The real benefit–meaning earnings–is in recruiting people to the program, however.
The Power Wealth Team program is a 3 x10 matrix. This means that you can have 3 people directly below you, and after that, anyone you recruit spills over to people below you. When you join the program, you’re assigned a position in the matrix, and you receive spillover from the people above you, and they don’t necessarily have to be in your direct upline. This can be a bit hard to understand, but really the only thing that you need to understand is that if the people in the positions above you are recruiting, you’re going to get spillover.
You get a $25 bonus commission for every person that you directly recruit to the Power Wealth Team program, and then $5 per month for each of those people as long as they remain paying members. You earn when the people below you recruit as well, with different earning amounts for each level, down to 10 levels deep. The program does payouts every few days, and you can request a payout when you’ve reached a minimum amount of $15 in your account.
Power Wealth Team has received mixed feedback, which is normal with these types of programs. Reports are that they do pay, so there’s no problem there. The negative feedback usually comes from the people who are paying to be members of the program but not having any luck recruiting others. This is a typical problem; unless you’re a good salesperson, you probably won’t make much money, even with spillover. For those who are good at recruiting, however, the program could earn them a nice extra income.
| 5 of 5 users found this review helpful |
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7 User Comments
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Don't waste your time  I, also, had tried this program and got scammed. There are so many opportunities that some people get scammed and some do not. Once your money adds up to cash payout and a certain amount of time goes by and no money. You try and write to the company and they ignore you or the email comes back rejected, or they is no way of contacting them, it is a scam. This is a clear way of staying clear of these type of programs. If they don't pay you, don't stay on the site!
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| 6 of 6 users found this comment helpful |
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by allsmiles on December 26, 2009 at 12:17 PM CST Beverly Block |
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Just ok so far  I joined this when it started. Whats really strange to me is reading the comments the others wrote. This program IS NEW! Maybe some are confusing the program with something else. This was not here two months ago so I can't see how can someone could join 6 months ago. You can clearly see that from the Alexa rankings and the who is domain. I haven't made much but I have made some money and I got paid! I can prove that. To be honest I expected this to be more successful with all the top promoters supposedly promoting it. I guess the price and maybe some of the names behind these are not helping the program. It's not something new since it's a company forced matrix but I really liked the bonuses. A lot of good advertising bonuses to choose from. In general it's just ok. |
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| 3 of 3 users found this comment helpful |
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by tonypapas on December 26, 2009 at 12:00 PM CST Got paid more than 35 times so far! |
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They stole my money, and didnt pay my commission!  Power Wealth isn't new, I had my experience with Power Wealth 6 months ago and after using the program for a couple weeks, I never looked back. First off, customer support was very rude to me when I was trying to work out an issue. They responded late and in a tone that suggested they were getting irritated. I went full fledged at this for two whole weeks, got a decent downline (which almost half of their work wasn't counted towards my earnings). In my two weeks, I earned 220 bucks. That was six months ago, and I have not received any payment. I was emailed by support a month later telling me my commission was denied because of reasons they had to withhold. This is a COMPLETE SCAM! DO NOT GIVE THEM YOUR MONEY!
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| 3 of 3 users found this comment helpful |
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by areevez on December 25, 2009 at 10:56 PM CST |
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Do not join unless you want your money stolen It was just several weeks back when I discovered Power Wealth Team. After making some researches I wasn't able to find a lot of reports about the program but the ones I did were quite contradictory. The main reason of joining was to see what the truth is. At first when I saw the hefty price to register I started hesitating, but I finally decided to make the purchase. The program proved to be one of those schemes that just never seem to work and in most cases scam people with big sums of money. Same thing happened to me unfortunately. So after a few days of registration I was able to gather referrals from different resources and right away started making money ( I mean virtual money ). So after some two weeks I was able to earn about 150$ and so I requested a cashout. Since that day more than three weeks have passed and I haven't received anything. My hopes are getting slimmer by the minute. So if you don't want to experience what I did, better stay away from that program, and also from others offering similar services. A scam in my opinion.
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| 3 of 3 users found this comment helpful |
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by dido2905 on December 24, 2009 at 9:23 PM CST Do not forget to rate my comments! |
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One more scam. Beware I had the time to actually check this program out not long ago as I always try to search for new opportunities. I was cautious about this program, but still wanted to try this out, so I paid them to see what will happen. I’ve started referring people and already got a bit of a down-line. Happily for me – one of my referrals has made some cash by now and asked for a withdraw a week ago. I’ve been talking with him and asked if he got the cash, and he answered that got nothing yet, and the admin is rather unsupportable. I myself not sure if I should keep working at that company. I guess I’ll just wait for my referral’s problem resolve, before keeping the work here. It does seems very fishy by now.
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| 3 of 3 users found this comment helpful |
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by melissastern on December 24, 2009 at 9:22 PM CST |
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This is a scam I found this program after looking through a search engine. I had taken a look around at reviews about this site and they seemed to be quite good so I went and payed the start up fee. I think the reviews I read must have been written by the people who work at/for the Power Wealth Team as what I found was the complete opposite of what they said. So anyway I paid the money and then referred some of my friends, quickly I managed to earn around $500 so then I thought I would cash the money out to make sure that the company was not a scam. So I went and began doing every thing you should do if you want to pay-out and from that day I have never heard another word from the Power Wealth Team. So I advise everyone not to sing up to this unless you want to waste the money paying the sign up fee and waste your time earning the money you will never get paid.
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| 3 of 3 users found this comment helpful |
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by julianparrin on December 24, 2009 at 9:20 PM CST |
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Appears to be a Scam, Haven't received my promised payment I signed up to Power Wealth Team around two months ago, after finding the company through a search engine. Straight away after I paid the start-up fee I began referring my immediate webmaster friends to the program. Within a week I had earned around $400, I decided to cash this amount out to make sure the company was legitimate. I went through the standard procedure and requested a pay-out, and until this day have not heard another word from the Power Wealth Team. I have sent the company multiple emails asking what has happened and haven't heard one response. I currently am undergoing a dispute through PayPal attempting to get my money back from the sign up to the company. In my experience with Power Wealth Team it clearly appears that the company is a gimmick and a scam, and that they have no real intention to pay me at all. Don't waste your time with this program, unless you’re prepared to potentially throw an abundance of time away.
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| 1 of 1 users found this comment helpful |
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by ToEasyChampion on December 24, 2009 at 5:36 PM CST |
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7 User Comments
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Have experience with "Power Wealth Team"? -Add a comment or review to share your personal experiences, which will help others who are interested in this biz-opp. -Earn up to 150 credits and an entry into our $1,000 Sweepstakes for every approved comment you submit. The posting of advertisements, profanity or personal attacks is prohibited. Click here to review our site terms of use. |
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