MWR Life claims to help people attain financial freedom and live the ‘preferred lifestyle’ with their products and opportunity. That’s a bold claim so I decided to check things out and share what I found with you here in this review.
Like anything, there are pros and cons to consider which I discuss in this review…
Full Review of MWR Life
The company was founded in 2013 as an essential services provider and is now run by CEO Yoni Ashurov. They distribute their service offerings using a network marketing (mlm) business model. They are said to be an alternative to companies like ACN and Ambit Energy. This company currently operates in the US and Canada.
The Products & Services
They have 4 main products on offer that revolve around the idea of saving people money on everyday essentials such as insurances, electronics coverage, legal, vehicle repairs, medical and even discounts on holidays and dining.
These come in 4 main monthly membership packages as follows:
- Life Essentials
- Lifestyle Advantage
- Electronics Protection
- Vehicle Repair Assistance
These packages currently range from $29.97- $49.97 per month. There is a pretty big lack of reviews online from people having used these products so it’s hard to determine at this stage just how great these products are. The life essentials seems to have some pretty good value but the thing with this kind of thing is you are paying a monthly fee for a ‘little bit’ of everything.
I can definitely see the value overall but I think it would depend on the individual as to how worthwhile some of these memberships would really be. I think the best thing to do would be to conduct your own research based on your own individual and family circumstances before making any decisions.
The Business Opportunity
Apparently MWR stands for ‘My Why is Real’. By branding themselves like this the company is saying that if you have the ‘why’ then they have the ‘how’ to help you fulfil your dreams. They claim to have a simple formula for creating wealth quickly and for the longterm and that they are different to other mlm companies.
But is this really the case? To answer this, lets take a look at the finer details to understand if the company really lives up to these claims.
The Compensation Plan
After watching the video about the compensation plan on their website it was clear these guys really are selling hype. With pictures of cash piles, luxury cars, mansions and yachts it is pretty obvious they are selling people on the hope of becoming rich and financially free.
They also have a really convincing voiceover, some upbeat music and the constant sound of ‘cha-ching’ as the opportunity is explained.
The problem with this kind of marketing is that it only reveals one side of the coin and it gives people unrealistic expectations of what to expect as a newbie coming into network marketing. With a lot of hard work, persistence and the right training these kind of results are absolutely possible. But the fact is these kind of results don’t come easily which is why I’m not a fan of hype like this.
Success with mlm is not about the compensation plan for the most part, it’s about knowing how to build a solid team under you. This particular comp plan works primarily off fixed price incentives rather than percentages which makes it easier to understand and work out your earnings potential.
Ways You Can Earn
There’s 11 different ways you can earn with this company but for the sake of keeping things simple, and not just re-writing the compensation plan, I’ll stick to the core of what is being offered to reps.
For a start you will earn a $25 once off bonus for every customer you personally enrol, regardless of which package they sign up for. You also earn a monthly residual of $0.50 for each customer you personally enrol after the first month. As you progress through the leadership ranks you can earn anywhere from $0.25-$8.00 per month on top of that from customers right throughout your organisation, unlimited levels deep.
This is where you can earn monthly residuals based on your ‘qualified resellers’ 7 levels deep and ranges from $0.50-$3.00.
If you sponsor 3 people (in three separate legs) who each sponsor 3 people, you’ll be eligible for $500 per month. You can also earn 25% commissions on your direct referrals entire pay if you start out as a gold or platinum member.
MWR Life really has a compensation structure with a lot of different bonuses throughout. A lot of them either hinge on achieving things in a relatively short amount of time or don’t really become worthwhile until you reach the upper ranks within the company. While these bonuses can be good they are really not what most people should be relying upon as a main source of income.
Getting Started & Staying Active
To get started will cost you between $99-$499 depending on which package you sign up for. It’s unclear what actual product you are buying out of these packages other than the ability to earn the full extent of the compensation plan. The more you pay, the more you commissions you ‘unlock’ so to speak.
A lot of the bonuses and incentives are only applicable when you refer gold and platinum members. Staying active requires having a membership with the replicated website known as ‘Biz Center’ which is $30 per month and a maintaining 5 CP’s every month (customer points).
A certain amount of customer points are associated with each product package and they range from 1 CP to 2 CP’s. In other words, you’ll be paying for services in order to maintain your business every month.
Joining Fee= $299
Staying Active= $1319.28*
* This Includes: ‘Biz Center’ for $30 p/m [2CP’s], the essentials package for $49.97 p/m [2CP’s] and an electronics protection plan at $29.97 per month [1CP]- calculated into one year) to achieve 5 CP’s total.
What I Liked
- The company provides a reasonable amount of information on the products and opportunity on their website
- I prefer services like this over health and wellness products which are very common in mlm
What I Didn’t Like
- The marketing surrounding the opportunity contains a lot of hype
- They teach the warm market approach (chase family and friends to grow your business)
The company seems to have some good services which is an integral part of a good network marketing company and you could certainly create a life changing income with an opportunity like this. One thing I will say is that you shouldn’t get too caught up in the ‘glitter’ being shown to you within the marketing material as building any business (online or offline) takes time, hard work and dedication.
Perhaps the biggest issue I have with a company like this is how they teach people to build their team, primarily warm market techniques. In other words, chase friends and family to build your organisation. That’s just not a good approach in my opinion and it rarely leads to the kind of wealth being portrayed in the sales videos.
Whatever you decide, at least now you have a better idea on what the company is about and can make your own mind up about joining.