WorldVentures is the operator of DreamTrips which offers people an opportunity to start a business from home selling travel club membership.
This WorldVentures review is a business analysis and evaluation. It is written to help you determine if WorldVentures a scam or the best mlm opportunity to build a life dream of financial freedom.
You can click on the Table of Contents button on the right to explore all the topics discussed in this review.
Tired Of Scams And Pyramid Schemes?
Your Work From Home Opportunity!
WorldVentures Review Summary
|
Name: WorldVentures Competitors: MWR Life, 5LINX, IDLife, TraVerus Global, ZynDIO, ICoinPro, Global Travel International Annual Revenue: $377 Million |
|
Business Opportunity: Initial Investments: Business Earnings Estimate: |
|
NO FACE-2-FACE SALE – NO RECRUIT – JUST PASSIVE INCOME
CHECK OUT THIS #1 HOME-BASED BUSINESS
What Is WorldVentures?
WorldVentures sales travel and lifestyle club memberships through a program called DreamTrips.
When you become a WorldVentures Independent Sale Representative, you have exclusive access to discounts, rewards, and free vacation products and services offering through DreamTrips.
You also have the opportunity to start your own business and make money from home by promoting and recruiting others to join the WorldVentures travel club.
Mike Azcue and Wayne Nugent founded WorldVentures in 2005 using the multilevel marketing (mlm) to sell travel and vacation club memberships, which they call DreamTrips.
At the time of writing this WorldVentures review, the company has an estimated sales revenue of $377 Million.
WorldVentures has over 194,110 Independent Sales Representatives operating worldwide. However, according to the WorldVentures income disclosure report, over 85% of Reps earned NOTHING in 2019. This means your chance of making money with WorldVentures is less than 15%.
The average annual income of all WorldVentures Representatives was $354.31. This doesn’t sound like a profitable business.
These financial data offer a strong warning to all investors looking to start a WorldVentures business at home.
You must carefully evaluate and compare WorldVentures with other home-based business opportunities before joining.
You can use My #1 Business Opportunity to make a comparison.
How To Join WorldVentures?
A sponsor is required to join WorldVentures. You can easily find a current Sales Rep by searching on Google or Facebook.
All WorldVentures Sales Representatives are required to register as members of DreamTrips. You have four options to join: DreamTrips, DreamTrips Gold, DreamTrips Platinum or DreamTrips Titanium membership.
You are also required to purchase a Representative Business System if you want to start a business and make money with WorldVenture.
I will discuss the costs to become a WorldVentures Rep in the following sections of this WorldVentures review.
How Much Does It Cost to Join WorldVentures?
The costs to join WorldVentures as a Rep include the DreamTrips membership fee and the Representative Business System.
As discussed earlier, all Reps are required to register as one of the following DreamTrips Membership:
- The basic DreamTrips membership has a one time fee of $99.99 with a monthly fee of $31.99.
- The DreamTrips Gold membership costs $199.99 and a monthly fee of $56.99.
- The DreamTrips Platinum requires a $299.99 initial investment and $99.99 per month.
- The most expensive is the DreamTrips Titanium membership which costs $999.99 at the time of sign up and a monthly fee of $199.99.
After registering as a DreamTrips member, you have to pay another $49.98 together with a $24.99 monthly subscription fee to join the WorldVentures Representative Business System if you want to start a business.
Besides the registration and monthly membership fees, there are also sales volume requirements that you must meet to earn commissions, bonuses, and incentives with this mlm opportunity. You can find more information on the sales volume requirements under the compensation plan section of this WorldVentures review.
The costs listed above do not include your times, marketing materials, travel expenses, and gas.
If you are interested in earning commissions promoting other people’s products and services, I suggest you check out the Affiliate Marketing Business Opportunity, where you earn the commission on every sale, no sales quota or volume is required.
To understand why mlm opportunities have a sales quota, you should read our discussion on the FTC MLM Guideline for more information.
WorldVentures Compensation Plan Overview
The WorldVentures compensation plan uses a combination of a lineage (unilevel) organization and a binary organization.
Under this compensation plan, you can earn two types of commissions: commissions on selling DreamTrips memberships and commissions on team building.
Commissions for personally selling DreamTrips Memberships are paid for initial product purchased without sales volume requirement.
However, team commissions, bonuses, and incentives are not paid unless the Independent Sales Representative met the monthly personal sales and the Lineage sales volume requirements.
I’ll provide a brief explanation of the WorldVentures compensation plan below. To see the full version, just download a copy.
Make Money Selling DreamTrips Memberships
You earn a commission every time someone purchased a DreamTrips membership directly from you. This is known as Direct Commission.
Direct commissions are paid based on the membership level purchased. Below is the outline of the direct commissions offered by WorldVentures:
- Basic DreamTrips membership – $0 commission
- DreamTrips Gold membership – $20 commission
- DreamTrips Platinum membership – $50 commission
Within the first 28 days of joining WorldVentures, every time you have sold a set of three of DreamTrips memberships, you will earn a $100 personal sales bonus.
Make Money Recruiting Others To Join WorldVentures
You are ineligible for team commission until you have personally enrolled 4 active customers. Active customers are those paying their monthly membership fees.
You are also required to meet the lineage sales volume requirement to receive the team commission.
Therefore, it is possible for a Rep to be eligible for team commissions, but not qualify to receive them.
You must satisfy both requirements above to receive a payout from the following team commissions and bonuses:
Lifestyle Bonus
There are three tiers of Lifestyle Bonus. Tier 1 pays $200, tier 2 pays $500, and tier 3 pays $100.
You can look at this Lifestyle Bonus chart to see the sales volume requirements for each tier.
Weekly Bonuses
The weekly bonus is determined using your Binary team monthly sales volume.
Therefore, you are ineligible to earn the weekly bonuses until you have established a Binary team. This team is formed after you have achieved 4 personal customer sales.
A $100 Weekly Bonus is earned when one “cycle” bonus is completed. A bonus cycle is completed when both teams, the right and the left of the Binary Organization, have generated three sales credits each.
Sales credits are awarded based on the sale of DreamTrips membership level, with ½ credit for DreamTrips Basic, 1 credit for DreamTrips Gold, 2 credits for DreamTrips Platinum, and 3 credits for DreamTrips Titanium.
Monthly Residual Commissions
You must achieve Senior Representative or higher rank to start earning residual commissions. Senior Reps are required to personally enroll 30 customers on the right and 30 customers on the left of the Binary teams.
The monthly residual commission is paid based on a cycle. A cycle is completed when the right team has generated 3 sales credits matching up with 3 sales credit on the left team.
However, sales credits are accumulated from the monthly billing generated by the entire Binary team.
There are other team bonuses, commissions, and incentives that require more qualifications. You should refer to the compensation plan for more information.
As you can see, the WorldVentures compensation plan was designed to sell DreamTrips memberships. If you want to continue making money with WorldVentures, your team needs to keep growing and paying the monthly membership fee. You can potentially earn nothing with WorldVentures.
Can You Make Money with WorldVentures?
The answer to this question can be found by looking at the WorldVentures Income Disclosure Statement (IDS). This is the financial document that reports Reps annual commissions.
A copy of the IDS must be provided to all new Reps at the time of enrollment. You can also request a copy from WorldVentures at any time.
However, here’s a copy of the income disclosure statement for you to use with this WorldVentures review.
WorldVentures Reps’ Income
Look at this footnote from the WorldVentures income disclosure statement and you can see why you will not make money with the WorldVentures business opportunity.
Yes, a whopping 85.4% of Reps earned NOTHING in 2019. This tells you your chance of making money with this mlm opportunity is only 14.6%.
But when you look at the annual average earnings for the 14.6% group, you realize that they earned only $2,425.55 for the entire year. When you deduct the monthly membership fee and all the business expenses, most of the Reps in this group did not make money.
According to the WorldVentures IDS, you have to be in the top 1% to earn a livable income.
This is common with mlm opportunity. 99% of Reps earn nothing while the top 1% received all the commissions.
After reviewing the WorldVentures income disclosure statement, I can tell you that your chance of making money with this business opportunity near zero.
Why I am so confident?
Because it is impossible to achieve the top 1% when you are starting this late. The majority of 15 earners are early investors, those starting with WorldVentures at the ground floor.
So, can you make money with WorldVentures?
The answer is NO. This business opportunity is not profitable.
Is WorldVentures A Scam?
We cannot say WorldVentures is a scam, because this is a business opportunity.
The risk of starting a business is earning nothing and losing all your investments. As an investor, you are responsible for researching, studying, and investigating WorldVentures before joining.
Reading WorldVentures Reviews is one way to learn the risks and rewards associated with this home-based business opportunity.
As the owner of an Online Business Review, I have evaluated hundreds of mlm businesses to help investors identified and discover the right opportunity to make money from home.
It’s true that WorldVentures is not a scam, but this business opportunity is not profitable.
Is WorldVentures A Pyramid Scheme?
No mlm company will admit to you that they are operating a pyramid scheme.
If you look at the WorldVentures compensation plan, the best option to make money is recruiting others to join as Reps.
All WorldVentures Reps are members of the DreamTrips travel club, paying the membership fee to qualify for commissions and bonuses.
The more people join your team, the more money you make. This is how you build a pyramid.
You don’t have to agree with me that WorldVentures is a pyramid scheme. But you can’t deny that the compensation plan was designed to sell DreamTrips memberships, not to help you become a successful business owner.
Is WorldVentures Worth It?
I don’t know how many people willing to pay a monthly subscription fee to get travel discounts and rewards when they can get all the same benefits for free from discount online booking sites.
Almost everyone that joined WorldVentures is for the business opportunity. But the truth is, WorldVentures is selling you the hopes and dreams, not a profitable business.
Let me ask you this,
Do you know why you want to start a home-based business?
To earn extra money from home, to be your own boss, or to achieve financial freedom?
And to make money, we invest in a PROFITABLE business!
There are much better and less risky home-based business opportunities.
If you want to be an owner of a lucrative and profitable business that generates six-figure passive income, then read my #1 recommended online business opportunity.
You should use the writing skill to start your own highly lucrative online writing business, TODAY!
There’s NO traveling around town to attend late-night meetings and NO face-to-face sales or recruits with my online business.
The best part, you are working on the computer in your own home or anywhere you like.
|
|
There’s another business point that you must consider before investing with WorldVentures, it’s about “The Business Control”.
All WorldVentures Independent Sales Representatives have no control over their business.
You must obey WorldVentures’ rules and policies to stay in business.
What happens if WorldVentures goes out of business?
Everyone is out of business!
You can potentially lose everything and nothing you can do about it. This is the biggest business risk when investing in mlm opportunities.
Look, we start a business to build long-term incomes.
You want to create a system that generates money far into the future. Isn’t this the #1 reason you work hard to build a successful business?
There’s a lucrative method that I and millions of people have been using to generate six-figure passive income online.
You must read my #1 recommended online business opportunity.
Can you write?
If your answer is “YES”, then why not use this skill to start your own highly lucrative online writing business, TODAY!
|
|
WorldVentures was launched to promote and sell DreamTrips memberships using mlm business tactics, recruiting people to become members by offering them a business opportunity.
The truth is, not many Reps can earn a full-time income with WorldVentures. You must continuously enroll new members to grow your team, because your primary business revenue comes from recruiting, not selling.
If you are not a good recruiter, you will have a hard time turning this into a successful business.
There are other home-based business opportunities that do not require face-to-face selling or recruiting, such as my #1 choice: Affiliate Marketing. You should investigate this business opportunity before joining mlm.
I hope this WorldVentures review answers your question, is WorldVentures a scam or legit?
Until next time.
Please share your own WorldVentures experience below.
