Sunday, March 5, 2017

How Chloe + Isabel is disrupting the MLM industry (review)

Chloe + Isabel is shaking things up faster than Shakira’s hips can say they don’t lie.

They’re one of those MLMs that actually has a legit, inspiring founder’s story instead of your typical “The Sleaze King just founded his 7th network marketing company in 4 years” story.

Chloe + Isabel is actually Chantel Waterbury’s very first MLM, but she came to play.

Have I been involved?

This video explains everything:


Make sense? Either way, here’s the full review on Chloe + Isabel.

Overview

Founder and CEO Chantel Waterbury didn’t have much growing up. She moved away from home at the age of 13 (while most of us were playing video games and eating grilled cheeses our parents cooked for us) to start working and saving up for school, something she knew she wouldn’t be able to afford otherwise.

Eventually, she started selling Cutco knives (sold through Vector Marketing) and pushed her way to the top, using her commissions to pay her way through school. Upon graduation, not only had she picked up some mean sales skills, but she also developed the confidence to take on the career of her dreams in a highly competitive industry: jewelry design.

She proceeded to build up over 15 years of experience at some of the biggest names in the industry, including Target, Macy’s, Gap, Kenneth Cole, Cartier, and even Tiffany and Co.

In 2010, she was handed an offer for her dream job at one of her favorite designers, but she couldn’t stop wondering how she could use her skills to create opportunities for young women that she always dreamed of while working in direct sales. It helped to pay the bills, which was important, but she’d always wanted access to a network of successful women, and the ability to work on what she was really passionate about. Kitchen knives aren’t the most thrilling of products.

So she started Chloe + Isabel, a female-focused network marketing company that sells trendy, modern jewelry with high-end designs and reasonable prices.

In case her career track doesn’t show her motivation, in the 6 months she gave herself to get Chloe + Isabel off the ground, she raised $3.5 million in investments – before even launching. [1]

By 2015, she’d raised $37 million in investments, and her company is now valued at over $100 million. In a mere 5 years.

Chloe + Isabel focuses on the younger, tech-savvy, social media loving generation, which is a welcome change in MLM. Too many companies still think that holding in-home parties and selling scrapbooking kits is going to be a sustainable way to make money.

Waterbury tells investors that Chloe + Isabel is set to “disrupt the direct sales industry” – for several reasons.

The average age of Chloe + Isabel merchandisers is only 26. Some of them still do in-home parties, but mostly they utilize social media, blogging, and pop-up shops to market and sell their products.

What’s really unconventional is that the company requires all prospective merchandisers to apply, and it’s not just a smoke screen application. The company actually only accepts about 15% of applicants based on dedication level and local market (they don’t want to oversaturate certain markets and place too many merchandisers in competition with each other).

On top of that, they have a special training program specifically for merchandisers who are in college called GEM (Growth and Empowerment through Merchandising), which assigns them each a mentor to provide support and advice.

It seems to be working for them. They’ve got a high retention rate due to the support that merchandisers receive, and the fact that unmotivated applicants are weeded out in the beginning. Also, more than once, the company has doubled their revenue in just one quarter. [2]

In 2014 they raised a whopping $15 million in investments to take the company even further and expand into Asia. [3]
How much does Chloe + Isabel cost?
The start-up kit to join Chloe + Isabel costs $175.

It contains 15 pieces of jewelry and is valued at $700. It also comes with marketing materials and your own website.

There are no annual fees, no auto-ship requirements, and no required purchases for merchandisers. The only thing you need to do to remain active is buy or sell one piece of jewelry every six months. Pretty damn simple.

Products

Considering the CEO used to work for basically all the top jewelry designers in the country, if not the world, it’s not surprising that Chloe + Isabel’s jewelry is extremely well-designed. They are all designed in-house at her studio in TriBeCa.

Their designs appeal to the younger crowd while still being high quality, classy, and timeless.

Prices aren’t extremely low, but they’re a great value for the product, ranging from about $20-$200. But they jewelry, unlike many MLMs, is high quality. We’re not talking diamonds and platinum, but we’re also not talking Forever 21, break the second time you wear it, stuff.

Opportunity

All sales will net merchandisers 24%-40% in commissions, which is standard for any respectable MLM.

Cash bonuses are pretty generous, and merchandisers get $50 in store credit for every $500 in sales. Great deal if you’re super into their jewelry. Fast start bonuses double your earnings during the first 60 days if you perform well.

You can win exclusive jewelry, all-expenses paid trips to NYC, and more cool perks like a 30% discount on your personal purchases from the store.

There is no talk in their compensation plan of team commission, no downline, and no recruitment. In fact, merchandisers are only allowed to invite ONE person per month to join their team, meaning that they have to be just as selective as Chloe + Isabel.

Recap

Either this company is trying to stay as far away from the things that give your usual MLMs a bad rap (heavy recruitment and downline building, accepting everyone), or they’re trying to market themselves as super exclusive in order to build up a buzz.

Either way, it’s working. Chloe + Isabel’s investment fundraising alone proves that the buzz is there, and the structure of the company is both innovative and promising.

This company is definitely legit, and I see great potential for them.

For youngsters – particularly college students and young professionals – it’s a great opportunity to make some extra cash, network, and learn some serious career skills, especially if you’re really into jewelry.

What it’s not great for is getting rich quick or building up a full-time income, but that’s not what it’s designed for.

But if you like automated ways to build passive income and are seeking financial freedom, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Saturday, March 4, 2017

Why people love Clever Container so much (full review)

If there’s one thing that suburban moms love more than stay at home direct sales opportunities, it’s organizing goodies and knick knacks.

Clever Container combines both, and they’ve made a killing.

Does this mean I’m involved?

This video explains everything:


Make sense? Either way, here’s the full review on Clever Container.

Overview

Clever Container was launched over a decade ago, in July 2006, by a pair of friends and neighbors from the suburbs of Detroit, Michigan.

Eschebach grew up in a household with three younger siblings. If you were ever a big sister or brother, you know how annoying it is when the little one goes snooping through your stuff and playing with your toys. So she decided to organize and label everything she owned, from Barbies to Matchbox cars, as hers.

After she grew up and became a mom, she started a Clutter Cutters Club for other moms in her Michigan neighborhood. They’d all meet up, and Eschebach would help the moms with organizing projects to turn their houses around. This eventually evolved into a small business career for Eschebach, who became a professional organizer.

Meanwhile, her neighbor, Jennifer Weaver, was working part-time in direct sales for The Pampered Chef. At one of her in-home parties, the two women got together and decided to start their own direct sales company selling home organization products. Clever Container started in their basements with the bare minimum they could afford…which was less than 20 products.

At their first vendor fair, they completely sold out of their entire stock – $2,000 worth of merchandise. Within a few years, they received an offer from investors of $250,000 to expand the business as well as a warehouse space and a team of full-time employees. [1]

How much does Clever Container cost?
The Special Opportunity start-up kit with Clever Container is $99, and the Clutter Cutter kit is $149. The latter simply includes more product, but both include product.

Products

Clever Container sells a huge variety of organizing products (literally hundreds), particularly bags and containers. The company comes up with some pretty creative organizing solutions for real everyday needs. In other words, they’re not just shoving a useless pill in your face and claiming you need it.

The products are a little on the pricey side. No one’s dropping car payments to buy placebo pills, but they’re not as cheap as stuff you’d find at Target or Walmart.

They’ve got organizing products and home goods for every room in the house, and even stuff to help you organize your car and purse. Hampers, pantry organizers, bathroom caddies, tie racks, multi-tiered hangers, garbage bins for the car, and office supply organizers can all be found on their site.

Opportunity

There are five ways to earn money with Clever Container.

  1. Sell Clever Container Products

Consultants make 25% commission on their personal sales. New Consultants start out at 20%, but are permanently bumped up to 25% when they hit over $1,000 in sales.

  1. Get Rewarded for a Fast Start

Clever Container gives a Fast Start Bonus to new Consultants can make an extra 5% commission on all of their personal sales over $500 for their first three months.

  1. Become a Power Seller

If you have a talent for selling storage bins and decorative bathroom caddies, you could sell enough to achieve an additional 3-8% commission on all your personal sales. This bonus is designed specifically for people who enjoy selling but aren’t interested in recruiting to make some extra money.

  1. Referral Program

You get a bonus dependent on rank every time you personally refer a new consultant. Bonuses start at $50.

  1. Become a Leader

This payout offers generational bonuses once you hit a certain level. Once you become an Associate Director, you get 4% commission on the sales of you Generation 1. Executive Directors get 4% commission on their Generations 1 & 2, a Generation 3 bonus of 3%, and a Generation 4 bonus of 2%.

As you can see, even their compensation plan is highly focused on product sales, with 3/5 ways to earn having nothing to do with recruitment. While recruiting massive teams is the only way to hit it big in this industry, it’s refreshing to see an MLM that actually has something more to offer than people at the top of a pyramid taking money from people at the bottom.

Recap

I like Clever Container. It’s definitely legit, and they’re doing honest business. They’ve got a great founder’s story, too – real heartwarming, especially to the loads of stay at home moms out there who would love nothing more than a clean house and a way to make money on the side.

It’s also still pretty small at just over 2,000 consultants, so while you’re not getting in at the ground level, you might still be getting in early.

However, I can’t say I see this company blowing up. The products fill a real need, but they’re not the sexiest to sell, and you can definitely find similar stuff for cheaper in retail stores. I think it’s going to be really hard to make more than a very humble part-time income with Clever Containers.

But if it’s financial freedom you seek and if you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Friday, March 3, 2017

How Beach Body became one of the biggest fitness MLMs (review)

Beach Body came on the scene and exploded out of nowhere.

We all know someone who’s done (or sold) P90X. Whether or not that person is rocking 6-pack abs and a thigh gap, the product was a household name for a while.

Does this mean I’ve been involved?

This video explains everything:


Make sense? Either way, here’s the full review on Beach Body.

Overview

Beach Body was founded in 2007 in none other than Santa Monica, California, home of the infamous “Muscle Beach” with the lofty goal of ending obesity.

Founders Karl Daikeler and Jon Congdon, infomercial veterans (Beach Body products are also sold through infomercials), have actually been running Beach Body for decades (since 1998), but it didn’t become the direct selling company that it is today until 2007. Not coincidentally, that’s when the company’s sales skyrocketed.

By 2012 they were on the DSN’s Global 100 with net sales of $218 million, and in 2013, they increased sales by 50.5% in one year for a total annual revenue of $328 million. Astounding. [1]

Last year they were up to $570 million in sales, so even though some of the initial hype has worn off, they’re still going strong.

While opening a network marketing arm has killed brand reputation for others, it was honestly a genius move for Beach Body, and I give them props. The problem with most network marketing companies, especially in the health and wellness industry, is that you’ve got people desperately peddling miracle pills and fat burning shakes left and right with no solid proof or science to back up ridiculous claims.

Beach Body is an anomaly when it comes to MLM fitness. Most MLMs try to sell you on the idea that losing weight and being healthy is fast and easy, as easy as taking a pill or drinking a magical diet tea. Beach Body does quite the opposite – they sell you on the idea that getting fit will be very, very hard work but also very, very rewarding. And it’s the truth.

Beach Body coaches are living proof – walking, talking billboards for the program. Because it’s an intense work-out program, and coaches have to complete the program in order to sell it, they tend to be pretty fit. At the very least, most experience pretty visible transformations in their body after completing the program. Friends and family take note, and they end up wanting to buy into the program without even having to be asked.

Of course, that doesn’t mean Beach Body coaches are spam-free. In that regard, they’re just like every other MLM. In fact, they’re one of the worst. Almost every single person has gotten a private message from a Beach Body coach subtly suggesting that they should lose some weight or seen countless before & after photos pop up in their newsfeed.

How much does Beach Body cost?
In order to become a Beach Body coach, you’ll need to pay a $39.95 activation fee, as well as a $15.95 monthly fee to keep your account active.

However, you’ll also need to complete certain fitness programs and challenges if you want to sell them. Instead of paying the $39.95 activation fee, you’ll instead buy a “Challenge Pack” that ranges from $140-$305, depending on what challenge you’d like to partake in.

Products

Beach Body sells a number of different fitness and nutrition programs and products.

Fitness Products

Team Beach Body’s fitness products are mostly made up of in-home exercise videos that have become wildly popular.

P90X, their flagship program, is said to be valued at around $700 million on its own. [2]

After P90X, they released two more workouts in the same series that are more difficult – Insanity and Asylum.

They’ve since come out with tons of other programs, including a popular 21-day fitness program, a Hard Corps boot camp program, a 3 Week Yoga Retreat, Brazilian Butt Lift, Core the Force, an MMA-inspired workout program, and even Country Heat, a country dance inspired workout, among others.

Most are month-long programs and cost around $60-80. Full-blown programs can cost upwards of $100-$200, with some nearing $300.

Nutritional Products

The company has also created nutritional apps and meal plans, as well as the nutritional shake branch that’s also gained a lot of buzz – Shakeology.

Shakeology is a weight loss program that uses meal replacement shakes of various flavors that come in at about 140 calories a piece. The program is not cheap – it retails for about $120 per month. The program offers one shake per day, with each shake costing about $4.

Now, that’s not cheap. But if it’s a legitimate meal replacement, $4 a meal isn’t outrageous, especially if it actually helps you lose weight. But with only 140 calories in the shake, it’s hard to call Shakeology shakes “meal replacements”, and $4 for 140 calories is pretty steep.

Benefits

The Shakeology products, although expensive, do seem to be filled with mostly health, nutritional ingredients. They are made up mostly of protein, fiber, and low-fat ingredients.

Side Effects

There is no evidence to prove that Shakeology meal replacement products provide anything more than a placebo when it comes to weight loss. Furthermore, there hasn’t been enough research to show whether or not some of the “superfood” ingredients, such as spirulina, cacao, and flax, are actually healthy to consume on a daily basis. [3]

Opportunity

Coaches earn 25% commission on personal retail sales, which is around average for these kinds of products. Considering the high price tag, you could make some okay side money off this alone if you’re able to make a lot of sales. For each P90X or Shakeology program you sell, which go for $120 a pop, you make $30.

You also get compensation on team cycle bonuses, which is where you can earn a little more on a regular basis.

Beach Body has a binary compensation program. You get a cycle bonus every time your team completes a cycle, which is 300 TV (team volume) with at least 100 TV on your weak leg. The bonuses are $14 for Emerald Coaches, $16 for Ruby Coaches, and $18 for Diamond Coaches. This amount gets paid to you every time your team hits 300 TV.

Recap

While their products are popular and effective, there are still some concerns with Beach Body “coaches” giving fitness and nutritional advice when they are in no way trained professionals. Not to mention, all their “advice” comes, primarily, from the motivation to make more money.

In the end, Beach Body is just as spammy and cult-like as every other MLM. That doesn’t mean it’s not a good way to make some money on the side, but you just have to consider how many friends you’re willing to alienate and piss off along the way.

But if you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Thursday, March 2, 2017

Is Karatbars just another gold bars scam? (review)

What’s the sales pitch this time?

“Choose certain gold in uncertain times.”

Of course, this is MLM, so it’s not so much about investing in gold so much as it’s about selling the opportunity to sell the opportunity to invest in gold.

Recruitment, recruitment, recruitment. But they do it well.

Have I been involved?

This video explains everything:


Make sense? Either way, here’s the full review on Karatbars.

Overview

Karatbars was founded in 2011, and is headquartered in Stuttgart, Germany. In the past 6 years, they’ve expanded to do business in over 119 countries. Their goal is to expand to worldwide availability, and they seem to be on track.

They’re a private corporation, so they don’t release their profit information.

The company was founded by Harald Seiz, who’s been working in the financial industry since wayyy back in the 80s. He was involved in real estate, insurance, and finance before moving into the precious metals industry in 2008.

Of course, you haven’t really made it in MLM until you’ve butted heads with the government a few times. The AMF, Canada’s financial regulatory body for the government of Quebec, issued a warning against Karatbars during “fraud prevention month” as follows:

“Affiliates are lured by the possibility of earning large payouts, in particular through a percentage of amounts collected from the Karatbars plans and gold products purchased by referrals.

The AMF reminds investors of the risks involved when investing in companies such as Karatbars that are not reporting issuers and do not hold AMF registration or authorization. Quebeckers should therefore be cautious with product offerings from Karatbars since they might incur losses that are not covered by the financial services compensation fund or deposit insurance.

The AMF is closely monitoring this matter and will take any measures deemed necessary in the event of violations under the laws it administers.” [1]

How much does Karatbars cost?
It’s actually completely free to join Karatbars, but huge portions of the compensation plan are reserved only for affiliates who purchase a starter packages. Their prices are as follows:

Bronze: 239 EUR

Silver: 595 EUR

Gold: 1595 EUR

Products

Karatbars sells small quantities of 24k, 999.9 gold bullion that come in the following denominations:

  • One gram
  • 5 grams
  • 5 grams

So, you don’t need to be rolling in fat stacks to invest in gold, because they actually sell very small denominations. So small that they have to be sealed into a plastic card that looks like a credit card so you don’t lose them.

They claim that their gold products provide the highest safety standard in the world by embedding “DNA” into the gold, showing their authenticity under a black light.

They also claim that their gold bars are “high quality workmanship and quality” and that all their producers and suppliers are listed on the London Boullion Assossiation Market. However, their website fails to mention who, specifically, supplies and produces their gold bars, aside from saying “Our partners are well chosen. Especially the gold refinery are one of the best in the world.”

You can buy the cards in a bunch of different designs, from patriotic themes to sports teams to “Happy Birthday” and “Happy Valentine’s Day” cards. I don’t know about you, but I would definitely rather get a chunk of pure, solid gold for V-Day than some drugstore chocolates and a rose.

Whenever you want to exchange your gold back for currency, you can do so with Karatbars at their “daily guaranteed buyback price”, or at any registered K-Exchange center.

When it comes to their pricing and exchange rates – well, that’s when it gets shady. More on that later.

Opportunity

The Karatbars compensation plan is huge and very unnecessarily complicated.

There are 12 affiliate ranks in the Karatbars plan.

Package commission is paid to affiliates each time they sell a new package to an affiliate they recruited, as follows:

Silver package commission: 60 EUR

Bronze package commission: 150 EUR

Gold package commission: 300 EUR

Unilevel commission offer affiliates a percentage of the money spent by the affiliates below them and depend entirely on rank. The lowest rank, Distributor, doesn’t qualify for unilevel commission. After that, affiliates can make anywhere from 0.5%-5.5% in unilevel commission depending on their rank, increasing by 0.5% with each rank increase.

Binary commission offers affiliates commission on money spent by their downline in a binary format, paid out generationally. Once an affiliate’s team achieves 50 units in sales on one leg and 25 units on the other leg (the Bronze package, for example, is 50 units), they make:

  • 40 EUR if the highest package purchased in their downline is Silver
  • 60 EUR if the highest package purchased in their downline is Bronze
  • 80 EUR if the highest package purchased in their downline is Gold

These are the main forms of payout in the Karatbars compensation plan, but there are a variety of poorly explained bonuses as well. These include a Worldwide Turnover Bonus, a Gold Pool, and Karatbars Incentives.

Recap

Gold is a solid investment (ha, pun intended).

According to Investopedia, it does a great job of maintaining its value over time, especially when the U.S. Dollar crashes (like it did in 2008), it is one of the best ways to protect against inflation, it’s virtually immune to political problems, and demand for gold is only going to increase. [2]

Karatbars makes gold investment accessible to just about everyone by offering gold bars in very small denominations. Whereas most people start at an ounce, you can buy as little as one gram of gold from Karatbars.

However, the Karatbars rate for one gram of 24K gold is around 60 EUR or $66 USD. The actual market rate for 24K gold right now? Closer to $40 USD per gram. [3]

Karatbars is tacking on an extra 50% to their gold prices. In other words, there is literally no reason to buy gold from Karatbars as a regular customer. The only reason to purchase gold from Karatbars is to partake in their affiliate program.

The problem here is that Karatbars doesn’t have a solid product. They have a smokescreen that’s hiding the fact that Karatbars is nothing more than an affiliate scheme where new recruits pass money up to the founders who let a percentage of that profit trickle down into the hands of older affiliates.

This puts it on the edge of becoming a pyramid scheme, and I can see why the Canadian AMF issued a warning about them.

But if you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies

Wednesday, March 1, 2017

Is LegalShield really all that legal? (full review)

LegalShield was once a big, bad, publicly-traded company on the New York Stock Exchange…until they went private faster than a celebrity in rehab.

Judging from some of their past scandals and legal troubles, going private was definitely a smart move. Have I been involved?

This video explains everything:


Make sense? Either way, here’s the full review on LegalShield.

Overview

LegalShield was founded in 1972 under the name Sportsman’s Motor Club in Ada, Oklahoma. A couple years later, they changed their name to Pre-Paid Legal and went public, selling its shares on the New York Stock Exchange.

In 2011, the company was acquired by MidOcean Partners, a private equity firm worth $3.5 billion, for $650 million. They then went private and changed their name to LegalShield. In 2011, before they went private, they were raking in an annual revenue of $461 million. [1]

Back in 2001, they were hit twice by the law – first by the state of Wyoming for misrepresenting distributor earnings, and again by the SEC for counting commissions as assets to inflate their stock prices. They also faced legal troubls in Missouri that year. [2] [3]

In 2009, they were subpoenaed by the SEC for various documents which were never sent over to the SEC despite multiple demands. After that, the FTC filed a complaint against LegalShield for multiple violations, including misleading representations. [4] [5] [6]

Jeff Bell is LegalShield’s new CEO, and this guy is no joke.

Bell got his MBA from none other than the Wharton School of Business back in 1989). He’s worked in key positions at Ford Motors, Chrysler, NBCUniversal, Advertising Age, where he won them their first-ever Online Marketer of the Year award in 2005, and Microsoft, where he oversaw the launch of Halo 3, among other major releases, as Vice President of Global. [7] [8]

He’s got decades of experience in marketing and advertising at some of the world’s biggest corporations, and he was named as LegalShield’s new leader in 2014. [9]

Hopefully he can replicate his success in the world of multi-level marketing. This will be his first MLM, but maybe that’s a good thing. Maybe his credentials can fend off the FTC.

So maybe he can turn their rep around. However, in March of 2016, he made the decision to leave the Direct Selling Association, the regulatory body that pretty much ensures that an MLM is at least semi-legit.

Bell claims their decision to leave the DSA is because the DSA actually isn’t enforcing its own Code of Ethics against other MLMs who are clearly breaking it, and thus is weakening the direct selling industry as a whole. Wouldn’t be the first time. [10]

As of January this year, LegalShield membership is supposedly at an all time high – 1,612,183 members. They claim to have added half a million members in 2016 alone. I smell a comeback.

How much does LegalShield cost?
At the time of writing this, it costs $149 for a New Associate Kit, which includes online training, materials, sponsor support, a back office, and a few other perks.

Products

LegalShield sells legal services, in case their name didn’t tip you off. They claim to offer direct and affordable access to law firms.

They have a network of almost 7,000 independent attorneys throughout the United States and Canada who offer these services. For your monthly membership fee, which varies by state but usually comes out to just under $20/month, you get:

Legal Advice: If you ever need advice or consultation from a legal representative, you always have one at your service.

Legal Representation: In the case that you should need legal representation, you have their independent attorneys at your disposal.

Automotive Defense: Accident defense and moving violation assistance.

Familial and IRS Legal Services: This covers everything from divorce and name changes to IRS audits.

Considering legal advice can cost hundreds, and representation from an attorney can cost anywhere from $150-$500 per hour, it’s not a bad deal.

The company also now sells identity theft protection services starting at $14.95/month. The basic plan cover you and a spouse, and includes:

  • Credit report and credit score analysis
  • Credit restoration
  • Unlimited ID theft consultations
  • Minor protection
  • Credit monitoring and alerts

Honestly, if you have even a halfway decent bank or own a credit card, you probably already have access to all of these services for free.

Opportunity

You’re selling a monthly membership, and when you get a new customer, LegalShield pays you an advance for a year’s worth of that customer’s membership. Sounds great, right? Yeah, until that customer decides to cancel, and you have to pay back a huge chunk of that advance.

The compensation plan is nowhere to be found on their website, and the information you can find is very vague. It doesn’t list any specific commission rates.

There are four ways to earn:

  1. Personal Sales

You make a percentage on each membership you sell, which varies by rank. This is roughly what you can make, according to rank:

Junior Associate: Up to 50%

Associate: Up to $75 on each sale

Senior Associate: Up to $100 on each sale

Manager: Up to $125 on each sale

Director: Up to $150 on each sale

Executive Director: Up to $182.50 on each sale

These numbers look generous, but remember, they are advances on 12 months of membership payments. Also, it’s very, very difficult to move up even past Junior Associate, let alone all the way to director levels.

  1. Build a Team

Team commission are offered in the form of bonuses for every membership they sell. Exact numbers are not specified.

  1. Residual Income

After a membership that you’ve sold lasts a year, you make a monthly commission on each month they stay active. Whether or not this commission is the same as before isn’t stated, but this is basically number one rehashed.

  1. Performance Club

Each time you sell memberships and recruit new associates, you earn points. If you earn enough (fat chance), you can start earning cash bonuses and prizes.

Recap

The company is not without their scandals. They’ve got a pretty colorful history, to say the least.

However, it seems that the worst might be over for them. They’ve survived dozens of legal battles, and since going private, they’ve yet to encounter one. They also elected a rock star CEO, and I would be shocked if he didn’t do good things for the company.

That being said, the commission plan is vague, at best. It’s really not clear how much money you’d make as an associate. One thing that is clear – you’re probably not getting rich here.

But if you like automated ways to build passive income, there are better ways.

(and you can trash those old MLM habits, too)



from MLM Companies