You are welcome to my World Ventures review.
But, Is World Ventures scam real? Is World Ventures a pyramid scheme?
I can be sure you are researching about World Ventures and how to make money with the MLM travel company.
This was how I discovered how to make a full-time income blogging about my skills and ideas.
Please know that I am not affiliated in any way to World Ventures, therefore be sure to read sincere and unbias World Ventures reviews.
Please continue reading. . .
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World Ventures at a Glance
Product Name: World Ventures
Year Founded: 2005
Founder: Wayne Nugent and Mike Azcue
Product Type: Multi-Level Marketing Company (Selling Travels)
Price: $99 initial payment and $24 monthly
Summary Review of World Ventures
World Ventures is a legitimate Multi-Level Marketing company selling travel products (i.e., Vacation Packages)
Though, World Ventures is not a pyramid scheme, despite all the pyramid scheme lawsuits marring it in some regions and countries.
You can make money with World Ventures it two ways:
Selling travels vacation products, and
By recruiting downline as new members.
The primary issue with the MLM program is that you can not make good money; this same applies to World Ventures. The capacity to make money si very low with World Ventures.
Though MLM is a legal business model in most countries across the World, the compensation plan of World Ventures can be easily mistakenly or seems to be very close to the pyramid scheme.
This is why I will recommend you stay away from World Ventures.
Why Representatives Are Quitting World Ventures (Red Flags)
The World Ventures Representatives are not making money. Looking at the World Venture Income
Disclosure Statement of July 2018 – June 2019.
World Ventures has a total of 57,584 Representatives in the United
States during the period under review. Out of this number, only 14.6% made some
money with World Ventures while the other 85.4% did not earn commission or bonus.
The annual average commission and bonus earned by all World Ventures Representatives were $354.31 (This implies that this is the amount that was made by every 57,584 Representatives if the commission is spread over all Representatives)
With the $354.31 made by every Representative in 2018. If you deduct the yearly subscription fees of over $200. Assume is $200, what is your balance? It implies you made $155 in a year ($13 monthly/$0.4 Daily).
Breaking the World Venture Income Disclosure Statement of July 2018 – June 2019 down, you will be shocked.
- 80.29% of Representatives made $40 monthly and less than $500 in a year.
- 8.05% of Representatives made between $500 and $1,500 that year
- 5.68% of Representatives made between $1, 500 and $5,000
- 0.19% of Representatives made between $100,000 and $250,000
- 0.06% of the Representatives made between $250,000 and $500,000
- 0.07% of all the Representatives made between over $500,000
Did you see the pattern? This is why World Venture is an MLM company. It is only people at the top of the Pyramid that earn most. And those are the early joiners (The executives and significant stakeholders).
If you are just joining now, you will be working for the big boys. All your downlines will be working for them.
World Venture is an MLM company selling travel packages. The company is legal and legitimate to join, but it will not make your real money.
This is why I am not recommending World Venture to you. It is NO for me.
See the actual graphical World Venture Income Disclosure Statement of July 2018 – June 2019 breakdown within the article below.
Source: World Ventures Income Disclosure Statement 2018/2019
What is World Ventures?
When MLM giants, YTB international, fell in 2009 after more than three years of defense against bankruptcy and lawsuits regarding deceptive marketing, many MLM companies took the initiative to fill that massive void, especially in the travel niche.
One of the companies that took center stage after the demise of YTB was World Ventures, a tourism-focused business created in 2005 by veterans in the Multi-level marketing business Wayne Nugent and Mike Azcue to be the ‘Samsung of traveling.'
Since then, World Ventures has enjoyed tremendous success, notably a 600% recorded growth in revenue between 2006 and 2009, boasting up to $90 million by that time in revenue. As well as operations in all continents in the World.
Such growth further elevated World Ventures and her founders to heights, like when Wayne Nugent was honored as the entrepreneur of the year in the year 2010 by Ernst & Young.
Unfortunately, it didn't take long before World Ventures succumbed to trials of their own like YTB international before them.
Couple with the unnatural turnover rates attracting unnecessary attention that started with World Venturesbeing outrightly declared a pyramid scheme by the Norwegian Government and sued until it was driven out of the country in 2014.
Two years later, the company's top earners followed suit by claiming the company had diverted their commissions to executive members and terminated their contracts to cover it up.
A year later, there were rumors that Nugent had gotten his hands dirty to settle a tax evasion charge and a lawsuit acting against the company.
These lawsuits continued to rear their heads, which culminated in co-founder Mike Azcue losing his seat as the CEO to Josh Paine. Learn more about World Ventures according to Wikipedia.
How Does World Ventures Work?
World Ventures is a membership and subscription MLM company. You will subscribe to your initial sign up fee, and it has a monthly payment fee.
Every of your monthly payment will get DreamTrips points. The DreamTrips points are like discount coupons that secure your options on the traveling deals you want.
Apart from various travel packages, you also have access to occasional DreamTrips events that include:
- free transportation,
- upgraded accommodations,
- fun excursions,
- the hottest destinations,
- and even more.
You get more points via the referral program where you “ share your membership”; you will get more DreamTrips points for every one of your new referrals and sign up.
This is actually how World Ventures works for Representatives.
World Ventures Product Line
World Ventures has just one product, a membership that allows the owners to have ‘unmatchable' deals on the prices for car rentals, trips, cruises, and accommodation that will empower them to travel the World.
The membership is exploited through a website that must be kept active by a monthly subscription fee.
The travel packages are set up to cover travel to several dream destinations from Kenya and South Africa to Thailand, at a discount. The travel opportunities also include some peculiar packages like:
Accommodation in hotels is paid for, although you must still pay the airfare to a place like Florianopolis in Brazil.
There are no set activities, so you just try to have as much fun as you can in the coastal city.
Cultural Landmarks Tours
A 12-hour excursion around cities like the Charming Chiang Mai of Thailand, with the chosen model of transportation, a local one, a tuk-tuk (Thai Rickshaw) in this case.
You will not be paying airfares, but your accommodation expenses are covered, as well as the provision of a host to guide to secure you and airport transfers.
24-hour experience with a lot of food samples to give an authentic taste of the local culture and a guide provided to guide you throughout the day.
World Ventures has a Foundation that also affords travelers a chance to give back to societies through the Voluntourism program.
This was aimed to provide a less selfish reason to travel the World, rather than just sightsee and relax on exotic beaches, why not volunteer to help the local community you visit?
Instances like camping in the trees of Mexico, spending time with orphaned children in Seoul, and the likes have made the news in the past few years from the feats of the World Ventures Foundation.
World Ventures Compensation Plan
There is no document anywhere that stipulates exactly how much any member of the World Ventures company stands to gain in commissions or bonuses or useful formula to get a rough idea.
The only thing sure is that getting commissions and bonuses largely depends on the number and activity of the recruits that someone can gather into their downlines or the number of sales of the products that can be made.
World Ventures say that successfully selling the idea of joining the company guarantees the members some points that can be exchanged for travel packages and remarkable discounts.
In reality, there are some unmentioned clauses.
Like the fact that you must have been an active member of World Ventures for a year before you can use those reward points, and your destination choices then must be in line with the available packages and locations at the time you request for it, or you can forget about it.
The most annoying bit is that the company decides the limit of your spending power when it comes to points, so don't even think about a huge trip to Tibet or Dubai, depending on where you are.
==> Complete and Revised the World Ventures Compensation plan in pdf format here.
How Do I Join World Ventures?
This section is about how to sign up for world ventures
Signing up for MLMs has never been the hardest thing, and World Ventures doesn't buck that trend.
Simply visit the website and fill the required fields until you are required to choose your level.
There are several levels, ranging from the Standard level to Gold and Platinum membership levels, with different initial prices for memberships and monthly expenses to keep the membership active.
How Much Money Does it Cost to Join World Ventures?
There are different levels in the membership hierarchy of World Ventures. Each level with a different cost.
So, world venture membership cost is:
- Standard registration prices are just about $99.99 and a further $24.99 to be paid every month.
- Gold-level members choose to pay $199.99 and an additional $49.99 monthly fee, while
- Platinum memberships go for a massive initial outlay of $299.99 and a monthly $99 remittance to keep the account active.
It is only after these monthly fees have been paid for a full year that the member can exploit the amassed points.
Who Is World Ventures for?
To start with, being passionate about traveling is a terrible reason to join World Ventures if that's all you have in your arsenal.
To succeed, someone must have the ability, and the confidence in it, to quickly sell memberships and DreamTrips' products.
If your marketing abilities are up to scratch, then you stand a chance of making it to a class above your financial status, if not, you will sink.
Also, the venture is a considerable risk that is not worth the stability of your job.
It is a shady version of entrepreneurship that has ruined many for failing to apply themselves properly.
If you have the chance to keep World Ventures as a passive income source, even though it demands you to travel as much as possible, then go right ahead.
If you don't have the chance to travel, then reconsider the whole thing, especially since getting the maximum benefits requires a monthly commitment. You don't want to be just giving your hard-earned money away, now, do you?
How to Make Money with World Ventures?
World Venture work just like every other Multi-level marketing business. You can earn from World Ventures Marketing only in two ways:
By selling the tourist and vacation packages on offer from World Ventures Holdings, and
By recruiting members to join your downlines an increase your points and earnings
The above is how World Ventures Work and help Representative to make money.
How Much Can You Make with World Ventures?
Looking at the World Venture Income Disclosure Statement of July 2018 – June 2019, 80.29% of World Venture representative made less than $500 Average Annual Commission. While 8.05% made between $500 to $1,500.
See the Income Disclosure Statement above; you will observe that 0.07% of the World Venture representative made over $500,000 in the period under review while 0.06% earned between $250,000 and $500,000.
According to the disclosure statement, only 14.6% of all Representatives earn a commission/bonus and 85.4% of World Ventures Representatives earn nothing.
It is important to note that the average annual commission/bonus of the total Representatives (both members that did not earn commission/bonus) was $354.31
So much money can you make with World Ventures as a new representative? You will earn roughly $354.31 in a year as a World Ventures Representative.
If you deduct your yearly subscription of $200 (It is even more), it remains $155 for twelve months. That is $13 monthly roughly and $0.4 Daily!
So, Is World Ventures worth your money? Don't forget that you pay subscription fees of over $200. Deduct that from the amount people are earning what is going to be your profits
World Ventures Support /Customer Service
WorldVentures, C/O Gout International Damsterdiep 299,
9713 EG Groningen, Netherlands
Customer Support Fax: +31 50 549-3092
Email Address: Internationalsupport@worldventures.com
North America Customer Service/Support
5360 Legacy Drive #300,
Plano, TX 75024
Customer Service Phone: (972) 805-5100
Customer Service Email Address: email@example.com
Social Media Contact
Time/Hours of Operation
- Monday / Wednesday / Friday – 8:00AM-6:00PM
- Tuesday / Thursday – 8:00 AM-8:00PM
- Weekends: No Work
What is Good About World Ventures?
Voluntourism has been a big hit among travel-enthusiasts all over the World, at the very least, because it provides a more satisfying activity to their schedules when they leave their comfort zones.
The branches of World Ventures often organize events to support their local communities, like when the office in South Africa did a program to enlighten on topics concerning safety, health, and development.
World Ventures have also been noble to partner with bodies like Tourismcares to protect natural parks and the wild.
Big Price for Luxury
The attraction to selling World Ventures is how luxurious the products are.
Nobody will die from not traveling, but that it's an optional luxury adds to the cost of an exotic experience, which means more revenue for investors in World Ventures.
This is true, even though it claims the lowest prices among travel search engines through its unique booking engine, Rovia.
Some reward bonuses can fetch members of World Ventures' spare change when they are successful with sales.
For instance, World Ventures members can score $100 by selling three expensive trips within a month, and $150 more if they can sell another three within that same time frame.
Members can also receive up to $75 after seller the cheaper trips.
The more appreciated news is the waived monthly fees after you reach a certain level after sponsoring the required number of customers.
Alternatively, members that have been elevated to the Senior Representative level by getting 30 customers on two legs can choose to have at least $8 commissions on their sales.
Clever Recruitment Drive
Traditional MLMs have a general audience for their sales – moms with little children that can market the products to other moms.
World Ventures have set up trends on social media and other marketing boards to target a different and more dynamic demographic – young people looking to travel.
To this end, World Ventures has become synonymous with tags like ‘You should be here,' “work less…vacation more” and “work from anywhere!”.
Telling those people that they can travel, and even make money from it. Talk about cake.
Issues with World Ventures
Two Monthly Fees
You're not told, but members must pay a Representative Monthly Business System fee every month or lose the right to earn for that month.
This fee is aside from the regular monthly fees, and though newcomers pay a one-time $100 fee, it is still quite expensive to maintain.
MLM affiliates rarely make $500 in their first year, the first-year average is south of that, by a considerable margin, and that's why it's surprising that the initial cost of membership for World Ventures can run up to a thousand buck with the lowest startup fee at $200.
Aside from that weight, there are monthly costs to pay up to keep the account active.
Complicated Compensation Plan
There's a limit to setting considerable challenges to get rewards, and the compensation plans of World Ventures indeed cross that line.
If not, how can it be expected that a new member must recruit 30 new people before they are allowed to get commissions?
There are many rules like this that make World Ventures rough terrain to handle.
Earning Potential Is Low on Average
The reports for earnings on World Ventures are terrible, simple as that.
Before 2016, their IDS reported a total loss on the part of the investors, as a massive 70% of the representatives failed to earn anything for different reasons.
With such a high probability of failure, making it out of that bracket should be rewarding, only, it's not.
No Free Training
There's the conferences that cost hundreds of dollars, and the monthly $30 for mailing training materials that you must also buy every month.
World Ventures is meant to make you more productive, right?
Online Complaints About World Ventures
Firstly, there are too many complaints about the weight of the monthly payments, considering how tough it is to meet the requirements of the compensation plan.
In contrast, many more-established members speak of owed bonuses and commissions.
Also, there have been many voices condemning the effect of Voluntourism. Many articles have been written about the negative impact of the volunteer program organized by World Ventures; there must be a better way to spend all those earnings from the luxurious trips.
World Ventures BBB Review Is “C+”
The Better Business Bureau (BBB) has lengthy complaints from various members of World Ventures that are yet to be attended to.
Most of the complaints sighted that the company has failed to deliver on promises of refunds, others go straight to the point of accusing World Ventures of deceptive advertisement of the product.
They also stated that the customer service is too hard to reach for getting help on booking packages.
The C+ rating is due to insincerity and vagueness about the worth of the product.
World Ventures Lawsuit
The most massive legal issue that World Ventures has faced so far is probably the Norwegian Government's exile of the company.
In 2014, World Ventures was labeled an illegal pyramid scheme in Norway, something that was repeated three years later, as a RICO-class action lawsuit was tabled against World Ventures for being a pyramid scheme.
There have been numerous legal complaints from members of World Ventures itself, especially in the case of unpaid commissions.
Dennis Bay, for example, was owed a sum of $243,057.00 in 2018, Which he claimed was due payment after four months when his monthly compensation of $60,164 was not accorded to him.
Even though he was an influential partner of World Ventures in Asia, instrumental in having achieved a lot in the Asia market, they claim that he was helpful to convert 7 out of 10 down lines for World Ventures in Asia.
That case was reportedly and settled out of court since nobody attended the hearings, and Bay has long since continued his work for World Ventures.
The same type of case had happened earlier, in 2016, when top earners at World Ventures Myron Wick and Virginia Walker, attacked World Ventures for failing to pay up their salaries and compensation.
World Ventures have sued its members too, Carlos Rogers and Abboud Barakat have faced the court order for stealing trade secrets, with the latter accused of smuggling clients' private information as well to create a new MLM called MaVie.
How to Cancel World Venture Membership
To cancel your World Venture membership, you will need to contact the customer service team.
- Use this email address: firstname.lastname@example.org.
- Write to instruct them to cancel your membership.
You can also Manually Cancel Your World Ventures Membership.
Follow the steps below unsubscribe your membership:
Address the mail to email@example.com
Let the subject of your mail be “ Your Name (72xxxxx) Cancellation.”
Compose your mail and state reason for your cancellations and state your detail and information such as:
- Rep ID (72xxxxx),
- Phone Number: 892793936…,
- Product(s): DreamTrips Platinum
- Your Representative Business System Websites:
- Sponsor ID:
You will soon receive a mail from Eventum@localhost informing you that your cancellation of membership mail is received.
After about two to three days, you will receive another mail to inform you that the cancellation of your World Ventures membership is approved.
You can also treat the cancellation over the phone by contacting the customer service team and support
World Ventures customer service phone number and email contact are:
- Phone Number: 972-805-5100
- Email: firstname.lastname@example.org
Is World Ventures a Pyramid Scheme?
No World Ventures is a legitimate Multi-Level Marketing company and not a pyramid scheme.
What is a Pyramid Scheme?
Pyramid Scheme is illegal, and it will waste your time and make you lose your hard-earned money.
This Scheme is base on the recruitment of new representatives to bring in subscription fees (money).
Pyramid Scheme does not have products and services as a selling point.
Though Multi-Level Marketing activities are almost like pyramid schemes, still because such that it involves tangible products and services.
This is why World Ventures is NOT a Pyramid scheme but a legitimate MLM company.
World Ventures sells travel memberships/packages; this is not a scam because they deliver on their promises.
The problem with World Ventures is that the company is banned in some countries because they claim that the company rewards its Representative more on recruitment than on sales of travel products.
Source: NewTimes News Paper
Countries like Norway, Rwanda already warns the general public about the Pyramid scheme nature of World Venture, while the South Africa government via National the state Consumer Commission (NCC) is currently investigating them.
The reason they gave was that the Rep focuses on recruitment than sales of travel packages so they can avoid the payment of monthly fees.
I recommend my audience to stay away from World Ventures not because it is a pyramid scheme or scam (no, it is none of that), but because you will not make money.
The essence of doing business is to help people and make money.
In this case, the representatives that are currently doing this are not making money.
You can see the proof in the opening of my write up and from the company’s Income Disclosure Statement for 2018/2019.
Is World Ventures Legit Or Scam?
World Ventures is a legitimate business, except in Norway, where it's labeled as a pyramid scheme.
The company has been recognized among the top 20 U. S. Companies, ranking 12th, as well as first and second in the list of Top U.S. Mid-Market Companies and the $100 Million Growth Club, respectively.
That's not to say that there have been no issues with their fidelity. The records of World Ventures is marred with lawsuits from unpaid commissions and misleading advertisement.
Is World Ventures Worth It?
What do you think of my World Ventures reviews? Do you think you can make money with World Ventures?
Do you think that the World Ventures scam is real? Or, do you thing World Ventures is a pyramid scheme?
To answer the question directly, no World Ventures does not worth it.
The purpose of joining World Ventures is to have access to the DreamTrips service.
You can't window shop the deals you're getting until you sign up, and you must have paid the sign-up fees, and the monthly payments are painful, especially since the compensation plans are so complex and challenging to execute.
For those that know all these and are driven to join still, the rewards at the top are worth it, but the trip to get there is no joke.
This is why you will do great because you are reading my review. I suggest you consider my £1 recommendation on how to make money from home.
You can turn your passion, hobbies, and skills into a full-time income online. Check this out; it can turn your life around.
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