Jesse Singh

Jesse Singh is a blockchain entrepreneur and the founder of GAW Miners, one of the largest bitcoin mining operations in North America. In 2013 he was named “30 under 30” by CIO magazine for his role as CEO at XBT Provider, which has been credited with being the first company to find significant commercial use for bitcoin miners.

Jesse Singh is a professional poker player. He has won six WSOP bracelets and one WPT title. He was born in the year 1990, making him 25 years old. Jesse started playing poker at the age of 18, when he decided to play online for fun. His poker career took off when he made his first live tournament appearance in 2009 where he finished second place to Phil Ivey.

Jesse Singh

Are you wanting to get on the Amazon FBA bandwagon and start your online business? If that’s the case, you’ve probably heard of Jesse Singh, an Amazon business expert.

This entrepreneur has created The Wealth Network, a program that purports to assist individuals in starting an internet company and selling things on Amazon.

Is it, however, worthwhile? Is Jesse Singh a con artist?

Because Jesse Singh is providing a 40% fee on affiliate sales, you may see a lot of biased reviews.

So let me state unequivocally that I am not associated with his initiative. I’m simply an online entrepreneur that is fascinated by anything related to the internet.

So I went through Jesse Singh’s biography and his digital offering The Wealth Network for a while.

You may now be confident that my evaluation is honest and objective.

I’ll also tell you about another option that is far simpler and better than Amazon FBA at the conclusion of this post. As a result, you won’t have to invest a lot of money to establish an internet company.

Here’s what I’ll be talking about in my Jesse Singh and The Wealth Network review.

Recommendation: This Is The Most Effective Alternative

Jesse Singh, who is he?

Jesse Singh is the creator of The Wealth Network, an online instructional program that promises to educate you how to sell things on Amazon while also teaching you how to write and optimize your website. Is Jesse Singh a con artist? The Wealth Network Review 2020

Other instructors on the platform, in addition to Jesse Singh, include Josh Jacobs, Aaron Andrews, Brian Cinnamon, David Arnett, Sean Agnew, and David Cook, among others.

Jesse Singh touts himself as an SEO (Search Engine Optimization) specialist, as well as a networking and eBay/Amazon dropshipping expert.

He topped the DS Domination and Digital Attitude charts, and he seems to have earned a lot of money on the Internet. But, if he’s already a success in internet marketing, what drove him to launch a training platform?

What is the purpose of The Wealth Network?

Wealth Network is an educational platform that allows subscribers to learn from a group of different coaches on the topics of Amazon FBA business & eBay.

To begin, you must first create an account on the company’s official website. Although registration is free, if you wish to upgrade to a premium account and have access to additional training videos and learning materials, you must pay a membership fee.

Members are encouraged to suggest their friends to join the platform for a 40% commission as a method to promote it. This gives the impression that it is a multilevel marketing operation.

The Wealth Network’s Pricing Structure

The Wealth Network has a variety of membership programs to choose from, including:

TWN Gold is number one.

The monthly fee for this bundle is $49.99. It provides instruction for eBay, Amazon, SEO, blogging, and internet marketing to members.

Members also get access to LIVE Gold Training Webinars, a Facebook Mastermind Group for help, and customer service.

TWN Platinum is number two.

The monthly cost of this bundle is $149.99. It includes all of the updated versions of TWN Gold’s digital goods.

3. Business Intelligence

The cost of this bundle is $997. (one-time payment). It covers all of the previous offerings, but it is more thorough and sophisticated.

The Wealth Network Courses: An Overview

The Amazon training module consists of ten courses for Gold Members and an extra ten lessons for Platinum Members. Retail arbitrage is its main emphasis.
The Ebay training module consists of seven sessions for Gold Members and five extra lessons for Platinum Members. It mostly focuses on dropshipping.
For the Gold Membership, there are 8 classes and for the Platinum Membership, there are an extra 3 lessons.

What Are the Benefits and Drawbacks of The Wealth Network?

The Pros

It teaches you the fundamentals of Amazon, blogging, and SEO.
You may study from a variety of instructors.
It provides website builders that create landing pages and funnels for you.
On their private Facebook group, you may communicate with other users.

The cons

Some of the training courses, particularly those on SEO, are out of date.
Other services, such as WordPress, Wix for site builders, and ClickFunnels, which are more professional and complex, may substitute the software and tools given.
Because of the 40% commission they give for their affiliate program, The Wealth Network has a lot of biased evaluations.

Is Jesse Singh a con artist?

Jesse Singh is not a con artist.

However, I am not a fan of their high-pressure sales techniques, which make exaggerated claims about how successful you would be after joining The Wealth Network and following every piece of advise and utilizing their products.

It’s unlikely that you’ll get wealthy soon with this approach since it takes a lot of time and work to develop a successful dropshipping shop or Amazon company.

If you want to earn money on Amazon, you’ll have to put in a lot of effort and pay a lot of money up front.

However, The Wealth Network makes it seem much too easy to create a fortune, which disappoints me.

What Jesse Singh Isn’t Telling You About Amazon FBA Issues

The Wealth Network’s main goal is to assist you in starting your own Amazon FBA company. Fulfillment by Amazon (FBA) implies that Amazon will manage your warehousing, packaging, shipping, and returns at one of their warehouses.

However, most ecommerce experts who provide Amazon FBA courses underestimate the challenges of surviving the fierce competition.

The following are the issues with Amazon FBA that Jesse Singh fails to mention:

A large upfront cost is required for an Amazon FBA business.

You’ll need at least $15-20k to start an Amazon company.

Furthermore, since you cannot begin without prior knowledge, you must pay for an FBA course. For example, the Wealth Network costs $49.99 each month.

You’ll also need to pay for product samples and inventory, labeling and shipping, product launch services/pay-per-click advertising, and Amazon Marketing Services. Once you start selling on Amazon, the initial ten thousand dollars will be swiftly depleted.

In a nutshell, it takes a long time and costs a lot of money. As a result, you should consider carefully before putting your hard-earned money at danger.

The FBA business is complicated.

Even though Amazon undertakes a lot of the legwork for you, getting a product listing up and running takes a lot of effort.

Aside from that, you must deal with a slew of mundane activities on a regular basis. For example, you must negotiate with suppliers, compare shipping firms and freight forwarders, and adhere to Amazon and local government rules, among other things.

For novices searching for a side hustle or a source of passive income that needs minimal time and commitment, this procedure is much too advanced.

There isn’t any immediate cash flow.

A company’s cash flow is its lifeblood. However, with the Amazon FBA business model, most sellers must spend a significant amount of money to buy inventory from Chinese suppliers.

The charges will be significantly greater if you want to develop a one-of-a-kind private label product. Most Chinese manufacturers, for example, charge a few hundred dollars only to create a prototype. If you don’t believe me, you can get a quote from Alibaba.com.

Depending on the nature of the items and the quantity, manufacture might take anywhere from 1-2 months. After that, it takes 2 weeks to ship and pass customs before arriving at Amazon’s warehouse.

This method suggests that you may not get compensated for the merchandise you purchased for many months.

Profitability is harmed by price wars.

Amazon is rife with price wars. When a vendor lowers their pricing in order to attract more clients, other merchants are driven to drop their prices as well.

You may need to reduce product expenses to prevent a net loss. As a consequence, product quality suffers, consumers provide unfavorable feedback, and sales suffer as a result.

You must cope with shifting sales tax regulations, category limits, and Amazon rules, in addition to the fierce competition.

In the worst-case scenario, if you breach certain restrictions by accident, Amazon may permanently ban your account.

Is There an Easier & Better Alternative to Make Passive Income?

Whether you’re new to internet business, you may ask if there’s a better business model that doesn’t need any upfront investment and can be done as a side job.

Affiliate marketing is the simplest and most lucrative business plan I’ve attempted so far.

Affiliate marketing allows you to operate your company for absolutely little money. Most significantly, you won’t have to spend any money on product development.

It also takes less time since you don’t have to deal with inventory or customer service.

While on vacation or at a full-time job, you may earn a consistent stream of passive money.

Because the world is full of uncertainty, I’d always choose for the lowest-risk business approach.

However, how much money can you make with affiliate marketing?

A 21-year-old student from my #1 rated affiliate marketing training platform earned $7,395 in only one week, or more than $1000 per day…all while employing free traffic strategies.

Is Jesse Singh a Scam

Wealthy Affiliate has been around for almost ten years and has a long list of success stories.

Here are some more inspirational success stories from Wealthy Affiliate members to offer you additional examples.

What is the best way to join Wealthy Affiliate?

Wealthy Affiliate offers a very straightforward price structure. It offers both free and paid membership options.

You may join up for the beginner membership here if you want to get a feel for Wealthy Affiliate (no credit card required). You may choose to be a free member for an indefinite period of time.

As a starting member, you’ll get immediate access to the community, live chat, over 500 training courses, two classrooms, networking, comments, one free website, and the keyword tool.

You may take advantage of all of these benefits without spending any money.

So I highly urge you to create a free account and check it out for yourself.

You may subscribe to the Premium Membership later if you want to be the next success story and get the most out of Wealthy Affiliate.

After that, you’ll get full access to everything without any upsells.