I am interested to find out if this MLM Industry Forum is for bashing MLM and the concept of Network Marketing or to debate and promote opportunities? and how many of the bashers have actually participated in the industry
I am interested to find out if this MLM Industry Forum is for bashing MLM and the concept of Network Marketing or to debate and promote opportunities? and how many of the bashers have actually participated in the industry
Hi
I dont belong to Herbal Life ..
it is not a pyramid scheme as they sell products.
They recruit people in there group to also sell & then they earn a commision or higher discount structure.
Not exactly sure how Herbalife compensation plan works.
But pyramid scheme is when there is no stock
you recruit & money from recruits subsidizes whatever they promise
And then eventually it falls flat brcause the cannot keep up with the scam
Herbal Life has been around for many years.
Just my comment I work for Avon Justine as a Sales Manager which is also a MLM company over 150 years old
I am a salary employee .. but am very much trying to get my slimming product business going.
Regards
Sharron
@Sharron & OnePilot, I suggest you read the thread again.This is a comment on a recorded fact. It is not thumb sucking or bashing any one. Do not expect to find the answers in life if you are not prepared to ask the important questions. The truth will always prevail.On 23 Nov 2011 the Belgian Commercial court ruled that Herbalife is a pyramid scheme (case no A.R.2004/7787)
Excellence is not a skill; its an attitude...
Fact herbalife does sell products. Fact there is a huge drive to recruit new members, who on joining must pay a fee. The real scam here is in the joining fee, because they are essentially selling over priced , I mean way over priced vitamins. So one pays to join and soon finds out that they cant sell the product. So you leave the scheme and lose your joining fee. It may not be a clear cut pyramid scheme, but a more evolved pyramid scheme, and I am sure that these type of companies will soon be the new type of pyramid scheme. It would appear that more pyramid scheme runners are doing this, attaching themselves to weak or expensive un-proven products. We had defence x attaching itself to EFT. In herbalife case it is strange that people pay for membership to sell the product hoping to make loads only to discover, that their potential clients can get the product from herbalife website for the same price wholesale price.
Blurock (26-Mar-13)
I have a friend that has joined Herbalife recently and basically contacts me every day asking me to go see him, as I can create more wealth for myself.
I've just started to ignore his calls
You miss 100% of the chances you never take
Walker says that Net Income Solutions has the following message on its website: “If you make a purchase from Net Income Solutions you are purchasing our products or services. You are NOT making any form of ‘investment’. Affiliates who present our products to others in a misleading manner or in a way that leads the buyer to believe he or she is making an investment will be terminated and all commissions and awards will be forfeited.”
This is a new way to run a scheme. Sell a bogus product. So people have wrongly thought they were investing when in essence they have bought points to attend as many EFT workshops as they like for life. He is not liable to the investors as he was not taking investments but instead he was selling points.
Blu, I couldn't have said it better.
Participation is voluntary.
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