World Ventures was founded in 2005 by Mike Azcue and Wayne Nugent as a travel club leveraging the multi level marketing business model.
The corporate website states their mission is to create more fun, freedom and fulfilment through travel, entertainment and opportunity. Sounds pretty cool.
They are a global company and have a foundation set up to help less fortunate children all over the world live better lives, which is pretty cool I think… even if it is just about PR.
The ‘DreamTrips’ Membership Club
You may have seen one of those blue “you should be here” signs floating around and wondered what the heck it was all about. If so, you’re not alone.
This is one of the primary ways the company promotes it’s DreamTrips membership program and the attached mlm business opportunity.
In a nutshell, you pay for access to exclusive discount travel offers, and promote it to others.
After spending some time looking at the membership offer though, you may be wondering if this “dream club” really offers anything better than a free website such as FlightCentre.com right?
Fair question. I must admit that I wondered this myself too.
The main video showcasing the membership was nice and somewhat appealing but it didn’t really enlighten me as to why I would want to buy this membership. Essentially, they are saying that by joining you have access to special deals on accommodation and entertainment around the globe along with some other perks such as travel insurance and airport transfers etc.
There are two main types of memberships you can join:
Gold Membership: This costs $199.99 upfront to join and $49.99 each month thereafter to continue accessing the discounts.
Platinum Membership: This costs $299.99 upfront and $99.99 each month thereafter and gives you addittional benefits.
You can learn more about these memberships here.
What People Are Saying
There are VERY differing views on this online so it’s hard to know for sure. Since I haven’t purchased a membership myself I decided to spend some time reading customer/ distributor reviews, complaints and testimonials to see what people are saying about this.
The first review I read was by a former representative of the company and it went into detail on his experience with the business. He states that at least 95% of the packages were not cheaper or providing people real value and that the whole business is designed to sell people the ‘dream’ and sign them up, not provide people with a genuine and marketable service.
In all fairness, that is one of the more negative reviews out there and it was written back in 2011 so maybe the company has since changed. Either way, I found there were some useful insights within that review since it was published by a former leader in the company and there were over 500 comments, both positive and negative.
Update March 2017: The above blog was taken down after publishing this, so I linked to it’s archive. I also found more recent reviews on the companies travel based membership as shown below.
Here’s some feedback I found on the BBB website that shows a positive review:
Now here’s a complaint I found on the same site:
Like any company, you get strong positive and negative reviews on both sides of the fence. The purpose of this review is to take an objective look at both sides to help you make your own mind up.
Overall, the overwhelming majority of actual reviews are positive on the BBB, but there are quite a number of complaints also, so I think without trying it yourself and really analyzing the details it’s hard to say either way.
The Business opportunity & Compensation Plan
The concept of this opportunity revolves around creating time, location and financial freedom by enjoying the benefits of the WorldVentures membership and simply sharing this with your friends and family.
Let’s take a look at the facts of the compensation plan to help you work out what this company is really offering and how much it’s going to cost you.
Ways You Can Earn
There are various ways you can earn with World Ventures as I will now show you.
Weekly Team bonus
This is a weekly commission that pays you $100 every time you achieve 3 ‘credits’ on both your left and right legs, each time the 3 credits are achieved on both sides you earn a ‘cycle’.
This commission is based on the first purchase of all people in your organisation, with a certain number of credits being attributed to each product/ membership. It operates on what is called a ‘binary system’ which means you can only ever have 2 people directly underneath you, and the same goes for everyone else in your downline.
Customers buying products and memberships that are not reps also count towards reaching these cycles although they are not placed in your binary tree.
There is a cap on what you can earn at each rank within the company as the following chart shows:
This essentially operates in the same way as the weekly commission I just explained only it is based on monthly recurring billing, every membership has a monthly amount that people are charged.
So 3 credits on either side equals 1 cycle, and 1 cycle pays you $10. This increases to $15 per cycle once the rep reaches ‘Director’ status. The commission is based on your entire organisation’s volume.
There’s also a cap on what you can earn with this each month as follows:
Personal Sales Bonus
Each time you get 3 customers in a 28 day period, you earn between $100-$150 and there is no limit to how many of these you can earn in any given 28 day rolling period.
Wings And Wheels Bonus Program
The somewhat unique thing about this compensation plan is that you simultaneously build a ‘shadow organisation tree’ that comes into play with this bonus. We’ve discussed the binary organisation and this is what almost all of the compensation plan is focussed on.
This bonus relates to your ‘lineage organisation’.
Your lineage organisation keeps track of everyone that you’ve signed up and that they’ve signed up and so on, a map of your organisation I suppose that is not limited by the binary system.
For example: Lets say you’ve built an organisation 15 levels deep in your binary tree. You meet Jane and want to sponsor her, since this is your binary tree (can only have 2 people directly on your first level) she doesn’t get placed directly under you. She gets placed on your 15th level and goes under Bob.
So in other words she’s placed under Bob but in reality you sponsored her, thus in your lineage tree she would appear on your first level instead of level 15 in your binary tree.
It’s a little bit confusing but just think of it like a record of who actually sponsored who and it’s purpose is to pay you the ‘Wings and Wheels’ bonus.
What is this bonus anyway?
In a nutshell you can earn between $300-$900 per month if you achieve a certain level of volume in this lineage tree according to the total sales volume your organisation is producing.
There are various bonuses you can earn in the form of money or ‘company dollars’ that can be redeemed for holidays or training events. There’s also the car and dream house bonus if you achieve the highest rank within the company.
Getting Started & Staying Active
The cost of getting started is $114.95 for the ‘Representative Business System’ (RBS) which is essentially just a back office to run your business with. To stay active requires a monthly fee of $14.99 to maintain this membership.
It doesn’t appear as though you need to purchase into any of the travel club memberships in order to earn which is pretty good, but I’m sure it would be massively encouraged by everyone.
Depending on the rank you are at will determine the amount of customers/ reps you need in order to stay active at a particular title. It is worth noting that in order to earn the monthly residual commissions you must get to ‘Senior Representative’ status which requires 60 people in your organisation.
Income and Growth Stats (updated)
Below is the World Ventures 2015 annual report which shows average earnings:
According to these numbers, 77.6% of all independent representatives earned zero dollars in the year 2015. While not a very cheerful stat, this is actually almost 10% better than the previous year so things have improved on this front.
Furthermore, there were only 0.102% of all independent representatives that reached ‘full-time’ income status on average. I think it’s cool that they show people this information, but it does outline the importance of not just relying on family and friends to grow your business since clearly, this is not working for the majority of folks.
It is true that in both affiliate marketing and network marketing the failure rates are high, for sure. But when much less than 1 single percent are earning a full-time income, you’d better be ready to hustle hard if you are going to win!
The company itself appears to be growing steadily though, it went from position 915 to position 677 in Inc. Magazines Annual Inc. 5000 ranking. Apparently, this is due to a 581% increase in growth within the last 3 year period.
What I Liked
- Fairly low cost to get started and stay active
- Company provides links to their earnings disclosure and a compensation plan
- The concept is cool, if the savings were really there
What I Didn’t Like
- Big variations in customer reviews makes it difficult to know how worthwhile the membership is
- Commissions are capped at a certain point
- The company teaches the warm market approach which clearly isn’t working for people
Maybe the travel savings are good, maybe they are not. I haven’t tried them so I honestly can’t say for sure either way.
In any case, you really want to make sure you aren’t paying hundreds of dollars per year to access savings you could easily find for yourself for free online.
If you personally find the membership is worth it and want to share this with those you know, no doubt you could make a few bucks. However, if you want to make something more than this, you’ll need to look beyond your friends and family in my opinion.
That’s it from me. Do you have any insights to share about this company, either positive or negative? Let us know in the comments below!