Disclosure Notice: I was a member of WBE.net about 3 years ago. My membership has been inactive for at least 2 years. I hve had no further dealings with World Business Exchange or anyone associated with them. I recieve no financial benefit if you decide to do business with them.
What is World Business Exchange Network?
According to their site, World Business Exchange Network (WBE) is a company set up to help people that are looking to start and internet import/export trading business that can be run out their home. WBE accomplishes this by providing training to its members on how to research, setup, and execute a trade of goods from one country to another. WBE also provides on-going access to a database it maintains of companies and individuals looking to trade. Finally, WBE offers coaching/mentoring to assist its members in all aspects of the trade.
How do You make money?
You would take a percentage of the money being paid as fee for setting up the trade. You are, in essence, a middleman or broker that gets paid to bring two parties together. To get a visual of how this process works, click here
Does this business require any special licensing or permits?
Each state has different rules regarding licensing for this type of business so check with your local authority. Additionally, certain countries may have other requirements in order to do business there. WBE claims to help you navigate these types of situations.
How much does this opportunity cost?
There is one time of $499. With this you get:
- Demonstration Video
- WBE.net user manual
- 1 year coaching and support
Additionally, there is a $25.00 recurring monthly fee for continued access to the WBE trade database.
Is this a franchise?
No. This is an independent business opportunity. You will need to setup your own business entity in order to do trades.
WHAT’S BEING SAID ABOUT WBE
Ripoff Report:
"…almost 7 years, I still have not closed a deal and I feel that everything Mr. Roby has promised is a lie and a scam. It has not been like "having a garage sale" and I have not come close to closing a deal.
I have been a member since early 2008 and CEO of BT International in the MD/DC area and closed 7 deals in the first 15 months of involvement. The key factor in this business is to be committed and consistent and do lots of research in International Trade. Build relationships with the Ambassadors of the various countries, visit your local Trade Centers in your area, they have staff that will assist you.
‘Their leads are no good because they copy it from some other trade website and 99% are not current or have wrong information, therefore you cannot contact anyone.
I bought the WBE.net program believing that I was going to be coached every step of the way until I made my first deal. However, I was told that I needed to go back and read a manual. I haven’t made any money with this business since I bought it and the coaching is no good, so I gave up. Also I asked for my money back on the second week. But guess what, NO refunds! I guess I should have checked in to that one before I used my card.
….In the meantime I was still making my monthly payments and was never late. When I called for help getting started again, I was told that my account was no longer active and had to pay the fee again to be reinstated…
One big Scam, they charge and even when you cancel, they charge you monthly. I joined and was told my account was finished, and I was charged every month after that. Only after looking over my CC statements, I found they had been charging me for over a Year after I canceled. Called them back to say I wanted to get my money back (because I could not activate the members section); they said they will have to call me back later – which they never did… however they did give me access back to the network which I did not want… they just wanted to cover their a.sses.
YouTube
Better Business Bureau
WBE currently has D rating with the BBB. They’ve had 9 complaints against them in the last 36 months, mostly regarding refunds. Here’s a excerpt of their report:
Most complainants are dissatisfied with the quality of counseling they receive. Most complain the company fails to respond to requests for assistance, information given is unreliable, or the company fails to adequately answer questions. Other complainants allege that lead information on the website is outdated or fictitious
Read the full report here.
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My name is Dakim, I am the creator of the Home Business Private-Eye.com. I want to help you discover your true passion and then, help you to turn that passion into profit! 
