Wealth Assistants Review – The Ryan Carroll Amazon Income Project

Done for you Amazon stores are popping up everywhere, and if you read my reviews, you’ll notice many of them focus on the Amazon FBA model. So, today I’m going to introduce Ryan Carroll, the CEO of Wealth Assistants, which falls into the category of eCom dropshipping. You see, Wealth Assistants also offers done for you Amazon stores, but they claim to do a few things differently, which makes them stand out compared to everyone else. First, Ryan claims to make more than anyone else doing it…”We are making some serious income every month, somewhere in the thousands of dollars. Also, we offer a buyback program, which pretty much eliminates the risk on your investments.” What is their risk-free buy-back policy? If you invest with them and don’t make at least $55,000 in profits within twelve (12) months, they will buy back the store from you WITHOUT asking any questions. But this sounds too good to be true…no? Stay tuned to read my entire Wealth Assistants review.

Before I start…

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Who Is Ryan Carroll?

Originally from Southern California, Ryan Carroll is now based in Miami, Florida, and is making waves in the ecommerce world. He transitioned from a career in real estate to ecommerce following his interaction with mentor Fred Lam in 2016, which ignited a newfound passion in him. Taking his passion for the industry further, he launched Wealth Assistants in 2021, a company dedicated to offering automation services.

Ryan’s journey in the real estate sector spanned from 2016 to 2017, during which he actively invested in properties and served as a real estate agent. As 2016 drew to a close, influenced and guided by Fred Lam (mentor), Ryan embarked on a new venture by founding Carroll Holdings, stepping firmly into the ecommerce domain.

In recognition of his hard work and dedication, Ryan received the prestigious ClickFunnels 2 comma award. This accolade exemplifies his successful entrepreneurial journey, showcasing his commitment and skills in building a robust ecommerce presence. Before I continue,

It’s only fair to show you what I’m doing to make money online…watch the video… it will blow your mind…(40K with a two (2) page website)

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Watch the video to see my no.1 recommendation for making money online

 

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More On Wealth Assistants

After skimming through the internet, I learned Ryan Carroll wealth assistants program has quite a few people talking about their success. Supposedly, some of their clients/customers are pocketing between $10K to $50K per month, which is an insane amount. And Ryan claims that some of his students have even moved on to open multiple stores. “It’s very easy for them to start multiple stores because they reach out to us, and we set up and operate the entire store for them. We have helped so many people do this and continue to help them daily,”  says Hunter Chatman, their marketing director. He then jumps into providing statistics for some of his clients and their success. For example, he talks about one of his clients doing something like $15,000 worth of sales in his first six (6) weeks. Another did 10K in the first month, and another is approaching $44,000 within the first three (3) months (around 30% ROI). It’s important to remember these are all claims that haven’t been proven. Look, I encourage you to head to Google and type in “wealth assistants reddit” because you will find some additional reviews left by people who have teamed up with Ryan Carroll. Let’s continue…

 

Hunter continues his sales pitch by saying that the costs of everything these days have gone up, making it even harder for you to do the things you love, like vacationing, putting money away into a savings account for your kids, or even going out for dinner once a week. “It’s hard these days to get ahead in life because the economy is draining everything we make working that 9-5 grind.” Says Hunter. I agree with Hunter; it Is tough to save any money these days. Plus, the stock market sucks because it’s up and down, crypto is unstable and can’t be trusted…etc. But…

Amazon seems to be killing it in revenue because it’s growing every single year. It’s a python putting its hand into everything…right? And one reason is because we became so dependent on it after the pandemic hit. We would sit on our computer, hit click a few times, and have our package delivered to us the very next day. You do have to love it! In the end, the trend will continue, and this is where I believe Wealth Assistants plans to cash in. You see, we have always been fascinated with starting our own business and becoming millionaires to retire early. But many of us don’t know how to even get started…right? The Wealth Assistants Amazon business model provides us with this opportunity, which we are so attracted to done for you eCom stores. But are they making people money? How much do they cost? Should you risk everything you have saved on Amazon stores? Well…

If you ask Ryan, he says, “Of course! We are accepting another round of investors who want to start their own business and have their minds set on owning a profitable Amazon store. How cool would it be to have direct deposits put into your account monthly, and we do all the work for you?”  Then he continues saying this opportunity is NOT perfect for everyone because they are looking for someone who is in it for the long run to join their team. “We need someone who is going to take risks and invest five (5) figures into launching this business:” says Hunter. Yikes…this sounds like a lot of money…right? Which brings us to: How much does Wealth Assistants cost?

The Wealth Assistants Cost

Ryan and his team are charging people approx. 10K as a starting point, but from my experience. It’s going to be way more. I have reviewed similar done for you programs, which cost 50K once you purchase inventory (depending on the product), pay for ads, pay fees to the team, etc. Ryan says that if you don’t have this kind of cash flow available, his Wealth Assistants team will help you fill out applications to apply for a line of credit or credit cards. “You should be able to get all the money back you invested within a year. Don’t forget we have the money-back guarantee in place,” says Ryan.

In closing, Ryan says the key to success is reinvesting your profits back into your business for the first year because then you can sell your store for 2x-3x the money you invested. You would then start over and build another. So,

Is Wealth Assistants Legit?

Here’s the thing,

Automated dropshipping services where everything is set up for you are indeed legitimate. However, setting up numerous seller accounts on platforms like Amazon can be challenging. To counter this, several companies offer automation services, helping businesses scale up by taking a percentage of the profits.

Despite their legitimacy, these done-for-you ecommerce and automation services have established a reputation for being scams. This thought process stems from the high fees these companies demand, leaving the client to deal with all the risks involved. Moreover, if a store doesn’t perform as expected, the client faces a loss while the automation company remains unaffected.

There is also criticism surrounding the techniques used by many automation companies; they often resort to dropshipping methods that violate the policies of various marketplaces because they are more convenient, affordable, and quicker. It is important to note that Amazon, the most significant player in the marketplace, maintains a stringent policy against dropshipping, resulting in the daily suspension of numerous accounts. With that said,

The presentation put on by Ryan Carroll is one of the best I’ve seen so far in terms of automated done for you Amazon stores. But, some people on Reddit are NOT happy with Ryan and Wealth Assistants, which would make me do further due diligence. Either way, it’s way too expensive to get into because I won’t invest 50K into Amazon, knowing how volatile the business can be. What happens if they ban my store? What happens if Ryan doesn’t give me my money back?  What about competition? Too many red flags…right? I encourage you to check out another business which involves setting up digital real estate properties. It’s less effort, and I collect a nice $500-$2,000+ checks every month afterward (AKA passive income). If you want to LEARN more, then…

Before you leave

I love what I was able to do with this…my favourite program, which helped me make $200k in the last 12 months alone!