Monday, July 24, 2017

Could Bode Pro be the next big nutrition MLM?

Bode Pro is a health and wellness MLM founded by BK Boreyo, the guy with over $1 billion in direct sales career earnings with companies New Vision and Vemma.

Vemma was doing hugeee sales at their peak – I’m talking hundreds of millions in revenue. The only thing that could stop them back then was, well, the thing that always stops MLMs: the FTC.

Will Bode Pro suffer the same fate or should you get involved?

This video explains everything:


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

Overview

Vemma came under fire from the FTC for having a sketchy compensation plan and focusing too hard on recruitment (cough, pyramid scheme, cough). In 2015, the FTC shut them down, and in 2016, Vemma settled with the FTC for a whopping $238 million and an agreement to totally restructure the company. [1] Ouch.

That being said, maybe BK Boreyo learned a worthwhile lesson from all this. He certainly doesn’t let the government bullies knock him out easily. Vemma is back in action, and Bode Pro is looking promising.

Bode Pro started out in the USA and Canada and already expanded to Austria, Germany, and Switzerland, with plans to cover all of Europe in no time.

Boreyo has also switched things up since his run-in with the FTC. He’s calling Bode Pro “a fresh approach to direct-to-consumer influencer marketing”. They’ve got their own start-up technology and mobile app now that are designed to help their affiliates become micro influencers and leverage social media marketing – turning their Instagram and Facebook into a social marketplace, and making money in the process.

It’s a pretty smart approach. Influencer marketing is HUGE! According to Forbes, 73% of marketers have an allocated budget for influencer marketing, and 71% of consumers are more likely to make a purchase based on a social media reference.

I’m just not so sure how well combining influencer marketing with MLM will work. It could be revolutionary…but it could also tank. More on that later.

How much does Bode Pro cost?

You have to buy a Bode Pro product first, and then you have to get at least one person to do the same. After that, it’s a one-time fee of $29.95 plus a monthly fee of $9.95.

Products

Bode Pro’s products are “nutritional nootropics.”

If you’re wondering what the heck a nootropic is, first of all, come out from under your rock and join the rest of us. Nootropics have BLOWN UP over the past few years. Even Silicon Valley VCs are backing this stuff.

So what are they?

Basically any drugs, supplements, nutritional substances, etc that are designed to improve cognitive function. None of that diet pill crap – these pills make you smarter.

Pretty cool, if it works. Bode Pro has two flagship products right now: Bode Happy and Bode Strong.

Bode Happy

Bode Happy supplements are nootropics, so basically, they’re supposed to improve your focus, productivity, and energy. It’s marketed as a pill that gives you a mental advantage when it comes to multi-tasking and balancing the different aspects of your busy life.

1 packet of the stuff contains 24 servings and costs $53.95. At over 2 bucks a pill, you’d better hope it works. It’s a little steep, but if you’re replacing your morning coffee with this stuff, it’s probably comparable in price.

Bode Strong

Bode Strong is more like your traditional nutritional supplement. It’s meant to help you bulk up, cut fat, have more effective workouts, and boost your physical energy.

They’re set to launch a handful of other similar products with different benefits, but for now they’re just focused on the two. It’s a pretty limited range of products, but it’s kind of refreshing to see a new MLM focused on getting a few products right instead of trying to do 100 things at once and not really mastering any of them.

Compensation Plan

Their compensation plan gets you both retail profits and unilevel commission that pays down to 7 levels deep. You need to maintain at least 50PV in sales each month to qualify for the compensation plan.

Interestingly, 25 out of that 50PV must be in plain old retail sales to an actual customer rather than your downline. You can already tell they’ve strayed away from the pyramid scheme plans.

Your retail commission starts at 15%, which is pretty low. However, as you move up in rank, you can earn 20%-25%.

In order to qualify for affiliate commission, you need to be a Platinum ranked influencer or higher. It’s not too hard to do, but at least half your GV needs to come from retail sales, so you do have to actually sell product to real customers.

Residual commission pays out 7 levels deep on the following structure:

  • Platinum Influencers get 5% on their levels 1-3.
  • Star Platinum get 5% on levels 1-4.
  • 1 Star Platinum get 5% on levels 1-5.
  • 2 Star Platinum get 5% on levels 1-6.
  • 3 Star Platinum get 5% on levels 1-7.

If you rank Star Platinum or higher, you get a 5% matching bonus on the sales of your personal recruits. Move up, and that matching bonus can extend up to 4 levels deep.

They also offer pretty generous leadership and rank bonuses.

Recap

It’s still a little early to tell what’s going to happen with Bode Pro, but things are looking promising. I expect you’ll hear a lot more from Boreyo for years to come in the MLM world.

If you’re really into their products, getting in on the ground level could be a fun gig. Their compensation plan looks legit, and I don’t foresee them having major issues with Bode Pro like they did with Vemma.

However, I also don’t see too many people getting rich off this gig.

They’re trying to leverage the popularity of influencer marketing and social media, which sounds good, in theory. The problem with trying to mix influencer marketing and MLM is this: you have to already have a massive following to make any money in influencer marketing.

People trust influencers who have been around for a while and have made a name and a brand for themselves. People DON’T trust MLM, and that’s just a fact. Coming in as a nobody and spamming your friends and family on social media isn’t going to get you rich, it’s just going to get you blocked.

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

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



from MLM Companies

The fatal flaw of NHT Global

NHT Global is an MLM that pretty much has it all: the experience, the trusted name, good products, steady growth, a solid compensation structure, qualified and talented upper level management.

If you were to describe an archetypal MLM, they would be it.

So have I been involved?

This video explains everything:


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

Overview

NHT Global, also known as National Health Trends Corp, has been around since 2001. They’re a subsidiary of parent company Natural Health Trends Corp, which has been around for about 25 years now.

So, these guys are no newbies. Sitting at #54 on the DSN’s list of the top 100 MLMs in the entire world, they’re in it to win it.

Headquartered in California, this company expanded globally pretty quick. Within less than a year in operation they’d already moved into Canada, Australia, Puerto Rico, and New Zealand. Now they’re  in over 40 countries worldwide.

Chris Sharng, the President of NHT Global, is pretty impressive. He’s held numerous high level positions with some of the biggest corporations in the world, including Vice President of International Finance at Mattel. Scott Davison, their CFO and Senior VP, has been with NHT for 13 years and counting. Before that, he worked for communications giants such as IP Communications and Celion Networks. He holds a Masters degree in Professional Accounting from the prestigious University of Texas at Austin.

NHT Global is a member of the Direct Selling Association, and they have an A+ rating with the BBB. They are publicly traded on the New York Stock Exchange as NHTC.

Unlike a lot of older MLMs that peak and then plateau for a while, NHT Global’s growth hasn’t stalled. In fact, it’s skyrocketed.

Just in the past two years, this company has managed to grow exponentially. Their stock shares are now worth around $28.8. Back in January of 2014, they were worth just $3.2. The company peaked in late 2015, with their stock reaching over $50 a share.

They’re pulling in great numbers lately, hitting $287.7 million in annual revenue in 2016. [1] It’s pretty obvious that NHT Global isn’t going anywhere.

How much does NHT Global cost?

You need to buy a Business Builder Pack to enroll, which will cost you $100. There’s also an annual fee of $50/year.

You’ll need to make your first order in order to activate your account. To qualify for the entire compensation plan, you’ll then have to sponsor two direct recruits who enroll and activate their accounts.

Products

NHT Global does general eCommerce, which means they sell a little bit of everything: beauty products, nutritional products, skin creams, you name it.

However, their products can generally be broken up into three main categories: NHT Global Beauty, NHT Global Herbal, NHT Global Wellness, and NHT Global Lifestyle.

NHT Global Beauty

Their beauty products don’t consist of cosmetics so much as skincare products. They’ve got items like a Botanical Hand Protector, an Age Defying Hair Mask, and their Skinindulgence line of anti-aging creams.

NHT Global Herbal

Their herbal supplements include LivaPro is for liver support and detoxification, Cordyceps  Mycelia is for kidney function and sleep improvement, and Purus supports heart health.

NHT Global Wellness

This category is where most of NHT Global’s products fall. They’ve got probiotics, stem cell supplements, omega-3 fatty acids, noni juice, fiber supplements, energy boosters, and more.

NHT Global Lifestyle

NHT Global only has two lifestyle products, but they’re pretty unique. LaVie is a red wine alternative made from red grapes from the Bordeaux Region as well as aloe very and raspberries. It’s meant to provide you with the health benefits of drinking a glass of wine a day without having to consume alcohol. ALURA LUX is one of their top-selling products. It’s a paraben-free lubricant with menthol and L-arginine.

Compensation Plan

NHT Global calls their compensation plan “the most retail-oriented compensation plan in history”.

I don’t know about that, but it is definitely more retail focused and less recruitment heavy than a lot of plans out there.

You get retail profits with NHT Global, which means that you purchase their products on wholesale at discounted prices, and then you sell them individually at marked up retail prices. You get to pocket the difference. The exact markup isn’t specified.

Based on your sales numbers, you might also qualify for extra bonuses.

The two-team infinity compensation system is the binary portion of their compensation plan, which lets you earn a commission on the sales of your stronger leg ranging from 5% to 20% depending on your rank.

Generational Bonuses at NHT Global are decent. They let you earn residuals off the sales of your direct recruits, up to 3 levels down, and they range from 3% to 18%. They also offer matching bonuses up to 3 levels deep, depending on your rank.

Recap

Look – there’s nothing wrong with this company.

But there’s nothing new and exciting about NHT Global. There’s no oomph. There’s no hype. There’s no…potential to win big $$$.

Just look at their earnings disclosure statement. Only 41% of their distributors were even eligible for commission in 2016. That means that over half of them didn’t earn a single penny, let alone pay back their initial investment. Only 1% made over 25,000 for the entire year, which is barely over minimum wage in some places.

Joining NHT Global might get you a little extra cash here and there if you’re lucky, but you’re never going to get wealthy with them. You’re highly unlikely to even earn enough to cover your phone bill.

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

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



from MLM Companies

Is World Wide Dream Builders worth the money?

World Wide Dream Builders is an internet marketing organization affiliated with MLM giant Amway.

With the advent of the internet, anyone who figures out how to make good money can make even more money teaching other people how to do it – and unlike gold, which is a limited, physical resource, lots of these online money-making opportunities are unlimited.

That’s what World Wide Dream Builders is all about.

So have I been involved?

This video explains everything:


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

Overview

If you’ve heard of MLM, you’ve probably heard of Amway. And if you’ve heard of Amway, you’ve probably heard of World Wide Dream Builders…

Here’s why.

Amway is the #1, long-time reigning champ when it comes to direct sales. Call them the Michael Phelps of MLM.

If you take a look at the top MLMs in the world based on revenue, the numbers speak for themselves. Amway is, and has been for years, in the first position. They bring in $8.8 billion in annual revenue, while #2, Avon, isn’t even close – they sit at $5.7 billion.

So, it makes sense that when you have a corporation that huge, it’s going to have some popular offshoots and copycats. Well, Amway has hundreds. In fact, they have so many, there’s a name for them: Amway Motivational Organizations (AMOs).

These are MLMs that successful Amway distributors started in which they use the methods from their own success to train and motivate new Amway distributors to follow in their (6-figure) footsteps…all for the low, low price of $49.95. These guys built their own pyramid off the side of another pyramid, basically.

Worldwide Dream Builders (WWDB) is one of those AMOs. In fact, it’s the largest, most successful AMO.

WWDB was started by Amway legend Ron Puryear. This guy started with Amway wayyy back in the early 70s, and he managed to hit it big. It only took him 4 years to move up to Diamond, and before he knew it, he was pulling in 6 figures.

Naturally, people began to notice him, and he’d taken to teaching others his methods for success. So he decided to make money off this by starting WWDB in 1997. Using his WWDB program, he’s grown his own prodigies: his organization at Amway now has over 500 Diamonds.

How much does Worldwide Dream Builders cost?

It costs $49.95 per month to join WWDB as a basic member.

However, there are some additional fees you’ll need to pay in addition to your membership, and they’re a little hidden. I’ll spell them out for you.

Communikate – $36.95/month. This is the communication system they use. Without it, you won’t be able to partake in any of the benefits of being a member.

A basic subscription to training CDs and audio – $25/month. Without these, you might as well not join at all, as they’re the bread and butter of the company.

So, it’s closer to $112 per month, bare minimum.

On top of this, there are lots of extra training kits, events, and educational programs you can purchase that can add up to over $250 a piece. Plus, you have to sell around $300 per month to qualify for commission. This is in addition to whatever you’re paying Amway to sell for them.

Products

WWDB sells the dream of striking it rich with Amway. They do this in various formats – eBooks, audio files, CDs, and presentations.

They also sell training events in various cities around the country that cost a pretty penny. They really sell distributors on these events, convincing them that attending in person is the only way they can make real money. Those costs add up fast.

Their basic $25/month order gets you 6 audio files per month with the most recent information, trainings, and advice for selling with Amway. There are an endless amount of materials and training packets that one can purchase though.

It’s genius – if anyone feels like they’re wasting their money and not getting anything out of WWDB, they can convince that person that they simply aren’t spending enough. “Well, of course you’re not seeing success yet, you haven’t purchased XYZ!”

Compensation Plan

Known for having one of the most unique compensation plans in the industry, WWDB really makes their distributors work long, hard hours and go hard with the Facebook spamming in order to see any results.

That’s because they work on a compensation system that requires you to build up 6, (yes, SIX), legs, all at once. Just to qualify for a bonus, you’ve got to hit 300 PV yourself and then get all 6 of your legs to hit 100 PV each.

That’s not all. In addition to getting all six to sell for you, you’ve also got to get half of them to attend those expensive in person events, and 5 out of 6 have to be purchasing the monthly standing order of audio files.

On top of that, your legs will break away when they hit 7,500 PV, and you’ll have to start all over from scratch.

It sounds crazy, and it is. But you do see some good rewards if you can make it happen continually. You get 30% commission off your active legs, and even after they break away, you still see 4% residuals for life.

Recap

Don’t expect dream building to come easy. You’ve got to put in some serious work to do well with WWDB (along with some serious cash).

This is all on top of the time and money you’re investing into Amway, which is likely already way too much.

Can you get rich off Amway and WWDB?

Highly doubtful. Nothing against the company, but 99% of MLM-ers aren’t making any money.

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

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



from MLM Companies

How SeneGence blew up the internet

SeneGence is a lipstick MLM better known by their flagship product: LipSense.

You know those videos taking over Instagram of girls applying lipstick and then wiping their lips with one finger to prove it doesn’t smudge?

That’s SeneGence. Check the hashtags, these guys are trending.

So have I been involved?

This video explains everything:


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

Overview

Despite the current LipSense-mania, SeneGence has actually been around for a long time. Since 1998, to be exact. But they were kind of a nobody until recently.

Just check this chart. Crazy.

So what pushed the hype train on SeneGence into overdrive?

Probably a mix between the increasing popularity of social media (in particular, Instagram and YouTube) and, well, Kylie Jenner…stay with me here.

Love her or hate her, Kylie Jenner started a worldwide trend with her infamously bloated (and purportedly fake) “Jenner lips”. A YouTube/Vine trend called the “Kylie Jenner Lip Challenge”, in which women used lipstick to grossly exaggerate the size of their lips, took the internet by storm in 2014.

Thus, the cultural obsession with lipstick was reborn, and it used social media as its platform right from the start. You’ll notice that this is around the time that SeneGence started taking off.

With their ultra-long lasting LipSense products and the potential to turn their direct sales model into social media influencer marketing, SeneGence rode this wave like a pro. By 2015, they were up to $15 million in annual revenue and breaking sales records left and right. In 2017, they made it to #47 on the Direct Selling Momentum Ranks, which measures the momentum of an MLM based on their Alexa ranking, the buzz they’re getting on Facebook, engagement on social media, and their own polls.

Joni Rogers-Kante, the founder of SeneGence, is the reason SeneGence has been so successful. She was trained by the best in the business – Rogers-Kante is a former pink Caddy driving Mary Kay lady. After learning the ropes and hitting top sales numbers, she went off on her own and started SeneGence.

Headquartered in California, the company has 80 full-time employees and now operates in over a dozen countries worldwide.

How much does Senegence cost?

To become a distributor, you need to pay a $55 sign-up fee. This will get you all the necessary marketing and training materials, but you won’t get any product.

To start up with some product (which you have to do if you want to sell anything), you can choose from two kits:

  • Lips Kit: $95, comes with select lip product
  • Glamour Demo Kit: $295, comes with a sampling of all their best-selling products

In order to remain qualified, you need to sell at least 300 PV each month.

Products

It’s not just their lipsticks that are long-lasting. All SeneGence products were formulated to last longer than any other cosmetics on the market. Long-lasting makeup is just now becoming a trend, but they’ve been doing it since the 90s.

SeneGence makeup is all semi-permanent, water-resistant, all-day wear makeup. And when they say all day, they really mean all day. SeneGence is still known for having some of the best long lasting cosmetic products on the market.

Their products come in the following categories:

  • Skincare
  • Anti-Aging
  • Face
  • Eyes
  • Lips
  • Body

They also recently started selling perfume as well as a line of special, dermatologist formulated products called SeneDerm.

Their products aren’t outrageously priced, but they’re pretty expensive. LipSense, for example, costs $25 for one color. On top of that, you’re technically supposed to purchase the $20 LipSense Gloss in order to “seal” the color as well as the $10 Ooops! Remover in order to properly remove the lipstick. If you really want the Kylie Jenner look, you’ll also need the $50 LipVolumizer. That’s a total of $105 just to look like you’ve got bee stung lips.

It’s also a lot to invest in up-front. As a distributor, you’re going to want some product on hand so that potential clients can try it out. No one wants to spend $45+ on a lipstick they can’t even try first – what if it looks bad? You’ll want to have all the different colors on hand for them to try, too.

This is turning into a pretty hefty initial investment.

Compensation Plan

You do get a pretty generous discount on product, which is a huge plus for a lot of SeneGence distributors. They often join just for the product discount.

The product discount starts at 20%, but it can range all the way up to 50% if you sell enough. You have to hit at least 750 PV per month to get the 50% discount, but that means you’re taking in 50% retail profit on your personal sales. That’s one of the highest commission rates out there (on par with Mary Kay).

You’ll also get residual commission on your downline. This is paid out on a unilevel structure, and it only pays out 5 levels deep. Most MLMs pay residuals 7 levels deep.

However, their rates aren’t bad. You get 10% on the purchases of your level 1 recruits, 20% on your level 2, and 30% on your level 3. And you only have to hit 100 PV monthly to unlock that. Eventually, you can unlock an extra 5% on your level 4 and level 5 recruits.

What this encourages you to do is to focus a little more on quality over quantity when building your team. Other MLMs pay down 7 levels deep with lower commission rates, which makes it pretty easy to just sit back and let your downline recruit, recruit, recruit without training them much in sales.

With SeneGence, there’s a big focus on your first three levels, so it becomes important to train your recruits really well and help them succeed.

They also pay residuals 5 levels deep on the sales volume of your downline, which totals out to 25%.

Recap

If you’re really into SeneGence products, you should probably join up as a distributor. They offer great discounts, and it could turn out to be a really fun hobby.

But if you’re expecting to make a living off this opportunity, good luck. You’ve got to invest a lot of money to start up, and you’ve got to sell like crazy and recruit a HUGE team. This just isn’t realistic for 99% of people.

Hitting it big with a company like SeneGence really only works if you’re already a pretty well known beauty blogger or YouTuber with thousands of loyal followers. You’ve already established a huge customer base, and they trust your recommendations.

However, don’t expect to build an empire from scratch. If you don’t already have a following and a very big, loyal client base, you’re probably going to be throwing your money at SeneGence while your words fall on deaf ears.

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

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



from MLM Companies

Monat takes MLM by storm with premium haircare products

Monat is a wellness MLM with a main focus on hair care and known for their “wash and wine” parties.

Their product is actually pretty unique for an MLM. At the same time, it’s a competitive industry with a lot of monsters (see: Arbonne, Oriflame, Perfectly Posh).

So have I been involved with Monat?

This video explains everything:


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

Overview

Monat does everything that most MLMs try to do but fail miserably. They are classy and forward-thinking. Their products are naturally based and backed by tons of research. Their home parties are actually sort of fun.

Monat was launched just a couple years ago in 2014 by Luis and Rayner Urdaneta. They’re headquartered in Miami, Florida. Monat stands for Modern Nature.

Within just one year of launch, Monat was already pushing $25 million in annual revenue. They hit the ground running fast, and it’s really no wonder.

For starters, brother-son duo Luis and Rayner had already run one very successful direct sales company in the cosmetics niche: L’eudine. They’re a massive ($200+ million in annual revenue) MLM in Latin America that has recently started to expand into the United States.

What’s more, Monat is a subsidiary of parent company Alcora, also founded by Luis. So they already had some massive capital and experience to work with when they finally started up Monat.

By 2016, annual sales for Monat was already at $41 million. All this won them the 2016 Gold Stevie award for Startup of the Year.

How much does Monat cost?

Monat has a $99 start-up fee that includes a kit filled with marketing materials and training information. You are also required to pay an annual renewal fee of $19.95.

Products

Monat sells naturally-based hair care products at a premium price, and it’s working well for them. Their products are scientifically tested and very popular among their loyal following.

One of the reasons Monat has done so well is that they’ve formulated products that combat specific hair care issues that many people suffer from such as hair loss, aging, dandruff, and thinning/breakage. For many people, Monat is the only product on the market that really targets their needs.

You’ve got products like Head & Shoulders for dandruff, but they’re full of parabens and harmful chemicals.

You’ve heard of anti-aging creams and foundations, but have you heard of anti-aging hair care products? Probably not, because Monat is the first company to develop products that fight hair aging.

Yes, hair ages. According to a study done by the University Hospital of Zurich’s Department of Dermatology and Hair Clinic, aging causes weathering of the hair shaft and aging of the hair follicle. Aside from graying, this also causes your body to decrease its hair production greatly over time, and it causes hair loss. [1]

The primary formula that Monat uses to combat these effects is their Rejuvinique oil, which can be found in most Monat products. It’s composed of a patented blend of 11 different oils that are designed to keep your hair follicles healthy and promote hair growth by restoring your hair’s essential oils and nutrients.

Monat products are made from high-quality botanicals and essential oils, and they don’t contain sulfates, silicone, parabens, harsh fragrances, and other fillers. Unlike most hair products, Monat’s aren’t a short term fix that will damage your hair with harmful chemicals in the long run. They’re also cruelty-free

Some of their most popular products include:

  • Renew Shampoo
  • Restore Leave-In Conditioner
  • Refinish Control Hairspray
  • Replenish Masque

They aren’t cheap, at all. Don’t expect drugstore prices. However, if you compare them to high-end salon products, the pricing is about the same. Most products range from $30-$60. Their Magnify Treatment System, meant to increase volume, comes with a shampoo, conditioner, and mousse for $99.

Compensation Plan

Of course, if you enroll as a distributor, you get pretty generous discounts on these products.

There are 5 ways to earn with Monat:

  1. Sales Commissions
  2. Sponsor & Develop
  3. Builder Bonus
  4. Advancement Bonuses
  5. VIP Customers Sales

Sales commissions range all the way up to 40%, which is great. It’s pretty much as high as it gets in MLM, with the exception of a select few that offer up to 50% commission. You do have to work pretty hard to reach that 40% commission rate though, as it requires you to sell a lot of product on a monthly basis.

Sponsor & Develop is the bread and butter of this plan. This is where you get rewarded for building up a large, successful downline, and it’s where you’ll make most of your money if you do well with Monat. Aside from a $100 fast start bonus and a $150 fast builder bonus, you can also earn up to 12% in unilevel bonuses, 4% in generational bonuses (up to 5 levels deep), and a 5% network bonus.

Builder Bonus is for folks who move up quickly to Silver or Platinum status and help their team members do the same. You can earn a $500 or a $1,000 bonus.

Advancement Bonuses are matching bonuses that you can earn on the achievements of your direct recruits. They range from $150 to $500.

VIP Customers Sales are customers that have signed up for the VIP program, which puts them on a recurring monthly autoship for their favorite products. You’ll earn a 15% commission on their monthly purchases without even lifting a finger.

Recap

Honestly, I’m pretty intrigued by Monat. I’ll be interested to see if they make it past the 5-year mark, because I can see great things in their future.

They’ve got an innovative product that works, a pretty decent compensation plan, and solid leadership.

What they don’t have is a business model that will help you get rich. It doesn’t matter how good your product and leadership are, the fact is that 99% of MLMers don’t make money. At all.

Spamming Facebook friends and holding in-home parties on a Sunday afternoon gets old, real quick. Especially when you’re shelling out hundreds of dollars to pay for training and product samples and not seeing a dime of it returned to you.

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

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



from MLM Companies