Wealth Accelerators: Legit or Scam? [Lawsuit & Reddit Reviews]

If you are here, you have probably heard about Wealth Accelerators and you want to find out what the business is about, how it works and whether they are legit or not.

With Wealth Accelerators lawsuit rumours and chatter on Reddit growing you obviously want to know the truth.

In this Wealth Accelerators review I am going to take you through everything there is to know about them and this will hopefully enable you to make an informed decision about the company and their mission.

Let’s take a deep dive into the important information about the business.

Before I start…

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Wealth Accelerators Reviews

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What is Wealth Accelerators?

Wealth Accelerators Automation is an e-commerce business management service working together with clients to automate their business.

Wealth accelerators logo

Wealth Accelerators specializes in the management of Amazon Automation and Walmart Automation explicitly related to the Fulfillment by Amazon (FBA) wholesale model.

We’ve done deep dives into programs that promote or teach people about the Amazon FBA model like Tamara Tee’s Amazon FBA Winners and AMZDFY by Kevin David.

Wealth Accelerator’s services include acquiring and repacking products, online listings through Amazon and Walmart, and running the customer service department for the business.

Who is behind wealth accelerators?

Mike Sancho is the founder and CEO of the business. Tyler Seijo co-founded the company with Mike Sancho with a vision and a dream, which was to quickly make the reality they always envisioned.

Mike Sancho

The company is located in Orlando, Florida 201 S Orange Ave Suite 925. The company’s mission is to become a beacon of trust and excellence in providing passive income services to the everyman.

They claim to be dedicated to helping their clients build appreciating assets and achieve true generational wealth through modern alternatives to traditional income streams, which sounds a lot like Andrew Tate’s The Real World, which has been getting a lot of attention of late.

Mike and Taylor claim they can generate thousands of dollars every month in passive income so you can focus on building your net worth. They own a fully operational and profitable Amazon, YouTube, Facebook, and Trucking Business.

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What are the products offered by wealth accelerators?

Amazon FBA(Fulfilled by amazon)

Amazon FBA is one of the most popular models used by online entrepreneurs to make money off of Amazon. This enables you to generate passive income and asset value. Here, they focus on Business Set Up, Product Research, Inventory Management, Fulfillment, and Customer Service.

Amazon automation

In Scalability Consistency, they claim to have mastered the algorithms, fine tuned the research, and built platforms that have produced consistent results at scale across 100s of businesses.

The FBA method is what they use to supply orders to customers. Amazon works with individual sellers who ship their products to an Amazon warehouse to be delivered to customers.

While you’ll be more preoccupied with collecting your profits, they make sure you have a full 360 degree look at the business with access to their advanced management and bookkeeping platforms.

Youtube automation

They offer Done For You Channel Set up, Content Creation, Sourcing Viral Videos For Your Channel, Monetization—everything you could possibly need to profit from YouTube is 100% done for you.Youtube automation

Some of the benefits of this include:

  • Limitless Potential: If your channels catches a niche and continues to go viral, there is truly infinite opportunity to grow and monetize beyond expectation.
  • Passive Income: Allows you to Make money while you sleep as your business generates $1,000s, to even $10,000s in net profit per month.
  • Appreciating Asset: Own a business ready to sell in the next 2 years in a high demand market.
  • No Extra Operating Costs: There’s no inventory to stock, orders to fill, staff to hire or permits of any kind. Just the initial fee is all that’s needed to start building a profitable business with them.

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Trucking automation

The Wealth Accelerators Trucking Automation program is a full-service DFY program. They will set you up with your own truck, driver, repair crew, and will even handle admin(license and certification), customer service, and freight logistics as well.

Trucking automation

They will run every aspect of a trucking business and then split the profits with you 50/50. You’re only required to make an upfront investment to join the program.

Here their mission is; You fund it, we build it, you profit.

While some of their models take up to 18 months to create a 10% monthly return on the principal, trucking realizes those results in as little as 6 months. For the first 6 months, you’ll keep 100% of the profits. After that, they move over into 80% of the profit going to you, and 20% to them in month 7.

They monitor all your metrics using their proprietary monitoring software -LYNX.

Facebook Shops

Here, they focus Business Set Up, Product Research, Inventory Management, Fulfillment and Customer Service

Leveraging Drop shipping in this model allows for them to drive sales with no upfront inventory costs.

Facebook automationSome of their models take up to 18 months to create a 10% monthly return on the principal while Facebook’s Shops realize those results in as little as 6 months.

There’s no logistics involved on your end. No payroll, no research needed, inventory costs, certifications, none of that. Just orders being fulfilled on their end while you earn income day after day, month after month.

You will Just cover the cost of fulfillment, the small software fee, and they do absolutely everything else for you.

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How Wealth Accelerators work

Getting started with Wealth Accelerators is quite simple. The company offers financing options to help new clients get started with no money down.

This is made possible through leveraging other people’s money, one of the smartest ways to obtain financial freedom. Instead of borrowing money to purchase a liability, leverage funds to invest into assets that pay themselves down and eventually break even. Ultimately, this leads to a cash-flowing asset that puts money in the bank month after month.

Wealth Accelerators offers impressive clauses in their contracts. They offer peace of mind with a break-even clause. If an investor does not break even, Wealth Accelerators will refund the money. The company also offers very generous profit sharing.

How to join Wealth Accelerators

Schedule A Call With their Team

Get all of your questions answered by one of their automation experts so that you know exactly what to expect when launching your business.

Review & Sign The Contract 

You’ll want to review the agreement before beginning. The contract is there to protect you & provide peace of mind. And you will want to make sure to see our Break-even Guarantee Clause.

Create Your Business LLC

You will need to create a Business entity to setup your account, as well as setup a new bank account with your business so that Amazon can disperse funds directly to you. The team can help with this step of the process if needed.

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Let them Takeover Your Account

Simply open up your Amazon Seller account and give them admin permissions to be able to access, manage and run your accounts. They assist you with every step of the process and will walk you through this if you need assistance.

FBA store

Is Wealth accelerators a scam?

The company is likely not a scam. If they were out scamming people, there should at least be some reviews of people complaining about being ripped off or not not having their deal upheld somehow.

Instead, there’s only a single complaint about bad service on the Better Business Bureau website.

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Frequently Asked Questions(FAQs)

In this section of the review I am going to try and answer most of the questions you may have about the business opportunity.

Is there profit sharing?

Yes! Absolutely there is profit sharing. You, the client, acts as the investor or “silent partner” in the business, the team then leverages your resources (initial investment) for inventory purposes (products) and they run the operational side of the business and then you share in the profits together.

Must I provide all the capital upfront?

No, they have financing options available to you which can help you get started for absolutely no money. Leveraging OPM (other people’s money) or “funding” is one of the smartest ways to obtain financial freedom.

Pros of wealth accelerators

Teams Of Experts

They have filled their teams with experts who know how to deliver consistent returns month after month in their respective industries.

100% Automated Business

No matter the business you choose, the team will do most of the work for you which includes the business set up and necessary legal documents.

Transparency

They make sure you have a full 360 degree look at the business with access to their advanced management and bookkeeping platforms.

Passive income

You will be able to focus on other projects while receiving profits from the business you’ve set up with them.

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Cons of wealth accelerators

Lack of testimonials and hard numbers.

Spending roughly six figures to join a program that doesn’t have any hard proof supporting its success unwise. One would expect to see a lot of success stories and data to back up their claims.

Lack of control over business decisions.

You’ll never be the true owner of this business and so if you’re the hands-on type and like to lead the way, its better saving your time since it won’t work for you.

No discussion about Mike Sancho on Reddit

It’d be nice if we could understand Mike’s business practices from unbiased sources like Reddit and other platforms.

Conclusion

I cannot recommend the company since there is lack of adequate proof of success and also the investment you pay is a lot. It seems like quite the risk to sign up for.

Even with the 2 year breakeven guarantee, that’s still 1-2 years where you lose approximately 6 figures while hoping it becomes profitable. It’d be more practical to choose a program that has proven to work or just wait for testimonials of the successful setups.

Before you leave

If you’re tired of scams and want a real solution for making money online, check out my no.1 recommendation.

This is the best business to start in 2023 and made me over 27k last month alone:

Go here to see my no.1 recommendation for making money online

David Fortune

David Fortune has been the editor NoBSIMReviews.com since 2019. He is an expert at writing content on stock advisory services, side hustles, reviewing online business opportunities and many more topics. You can learn more about David on our about us page.

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