This is not a ringing endorsement for the entire industry. Like any investment of time, money, and energy, people need to be aware of what they are getting into and do their homework. That’s the primary reasons I began researching the topic by reaching out to regular everyday people involved in these types of businesses and who were willing to skip the hype and offer a transparent view of the programs and give their opinions as to whether this can be a realistic source of retirement income.
Plexus Worlwide is ranked by Inc. magazine as #8 (in 2014) and #132 (in 2015) fastest growing privately held company with a three year growth of 2833%; all while offering a 60-day money back guarantee on all its products – which means the products work. And at a consumer friendly price point. 40% of all sales are from customers and not ambassadors.
Looking compliant is easy. Building a CULTURE around compliance is hard. Building a culture requires doing more than paying lip service to compliance. It requires full buy-in at the corporate level to teach and enforce the important policies. It requires field leaders committed to responsible growth, and corporate leaders that avoid saying things like “the lawyers make us do this.” And finally, it requires constant investment.
In March I joined an MLM company and I’m lost… my first reaction to network marketing was I’m not a sales person, to which I was told it’s not about sales but about building relationships. The other thing that makes me crazy is I see a lot of folks who appear so fake with their bubbly “everything is coming up roses and bubble gum” that I cringe. I’m honest to a fault and happy but not giddy. I feel like I have writers block in that I’m not sure what direction to take to get my business going, the struggle is real right now… Any thoughts or suggestions I can take away.
This company was living life in the lime light, and they were trending for a good while there. They deflated out a bit, however they are still pretty big. There are over 50 countries currently promoting their immunity-boosting nutritional products, and the rave reviews from the former and current associates makes things seem pretty superb. Although it’s mentioned that the commissions aren’t great, but maybe that’s okay as long as their reps have continued happiness?
Forever Living – Forever Living is based in Arizona in the USA. The company mainly deals with weight loss, personal care, skincare and nutritional supplements. The company is mainly focusing on the North American market where its major share of clients are based in. Forever Living was able to generate more than $1.7 billion on an annual basis recently. This is one of the best multi level marketing companies in the world currently.
Long before becoming a billionaire, and even before starting Omnilife, Jorge Vergara sold tacos on the streets of Mexico. He then secretly brought in Herbalife supplements into the country. While there, he was able to get the Mexican government to change regulations put in place for their nutritional products division. Talk about a life filled with action…this guy could probably sell his life story and make millions more (he could probably win several awards, side note: he’s actually a film producer casually on the side).
Well they were hot…this company was caught in the act and had some shade thrown their way after they were found to have been over-inflating their health products for consumer purchase. But really though? What company do you know that doesn’t do this in the MLM health industry? It seems like a common practice, even if its “just a bit,” so they are able to pay out commissions made. Some perspective for the shade…their fiber product was 900% more costly than “leading alternatives” and their Trioten protein blend was 600% more pricey as well when comparing their products to companies such as Herbalife and Shaklee.
MLM has stretched its sticky fingers out into just about every product market out there, so it’s kinda hard to do something new nowadays. But Jamberry Nails did it. Their adhesive, custom nail designs BLEW UP when they hit the direct sales floor. They built up an army of over 100,000 consultants in the time it takes most people to get a mediocre pay raise at their 9-5.
This company also offers, among the majority on this list, one of the greatest opportunities for big money. Glassdoor reviewers give it high marks and those I know who sell the product really seem to enjoy doing so. But success with Rodan and Fields absolutely hinges on your ability to invest time, enthusiasm, and of course, money into the product. Social networking is a must. As I've said with a few of the other companies on this list, I also personally see a locale aspect to success in selling this product. I live in a place where most people earn a low-medium income and I know this stuff would be a hard sell--not because it doesn't work, but because most people around here wouldn't be able or willing to spend that much money on skin care. If you're in a predominantly wealthy area and network with people who really care about appearance and skin care (say, in a big city) though, this is a company worth looking into.
The Isreali immigrant brothers turned entrepreneurs behind Seacret Direct managed to take a cliche mall kiosk (you know, the ones that bother the crap out of you while you’re trying to shop) and turn it into a multi-million dollar global direct selling ccompany. Skincare products are pretty yawn-worthy nowadays, but Seacret’s dead sea products come with a 5,000 year history and a lot of fanfare.
My wife has been a Mary Kay consultant for a little over a year and loves it. It does cost $99 for a starter kit, which is a one time purchase, and an order of $225 in inventory once every quarter to stay active. Staying active means keeping a 50% discount on any inventory you order. This means a 50% commission on anything you sell. Compared to a 25% commission selling Rodan & Fields. I am not bashing Rodan & Fields I was just using them as a comparison. I see a lot of negative opinions about direct sales companies and even sites devoted to bashing Mary Kay and I just don't get it. If you decide Mary Kay is not for you for any reason they will buy back all unused inventory you have a home for 90% of what you paid for up to a year. In what other business in the world can you risk so little for a possibility in a new career or part-time income. I have sifted through online comments from new Mary Kay consultants giving up completely after one party gets cancelled or doesn't go well. When you join Mary Kay you become a small business owner. People need to do their research and not be so bitter when they themselves fail or give up.
I'm sorry to hear that you're disappointed in this post, however the idea behind this article was actually to come from the perspective of a stay-at-home mom so it is indeed an opinion and not necessarily a "fact based" article. You're right, from what I can find currently, the startup price to join It Works! is $99, not $100. I will update that in my article. I found that information on an unofficial It Works! blog called WrapItLoseIt.net where I read that the best starter package retails for $499. When I checked out the official It Works! website I was unable to locate any information directly from the company that indicates the actual startup costs of joining the company which I find frustrating as I'm sure others do as well. Would you mind posting a link to that here so others can find quick and clear information on It Works! without having to dig?
As with any business venture, it’s important to manage your expectations when signing on with an MLM. Marketing materials may sell you the idea of making good money without leaving your house, but business ventures like these take time to deliver a return on investment. Not every sales agent will be making $100,000 per year right away or even five years down the line. Be realistic about how much you’re likely to sell and how much you’re likely to earn.
Diets…fad diets, new diets, old diets…it’s an endless story especially in the 2000’s, and this company is one of those companies. The FDA had a run-in with these guys and they are not in the greatest standings with the BBB either, which seem to be the norm with weight loss pills of the “magical results” variety. Well the good news for this business is that they’ve managed to keep trending for 5 years (that’s a pretty good streak), and the company reps are earning a colossal 50% in commissions.
And we are one of only four companies to hit the $1billion dollar mark before the end of the fourth year. And it practically sells itself. Whereas other companies require multiple products to see results, our NeriumAD (the most popular product we sell) is a one product system. You can check out my webpage at http://www.kristychurch.nerium.com or on Facebook in the group Nerium With Kristy.
Ben Thataway, a CEO benefits forever off of his employees and the employees can spend a lifetime and never make the kind of money they can make in network marketing. I know someone personally that beat out 80,000 representatives, did not join the company untli 3 years after it launched and became the top income earner. What you’ve heard, or what you think you know about network marketing is false.
I went on to your link and checked out the video and then I was thinking it only targets people who need to lose weight what if you could find a company that targeted everybody and could be used for any health Improvement. I’m actually in a company just like this and if you want to make real money you should check this out you could also potentially get 10 times the amount of customers with what these products are capable of doing
I feel blessed to have found this opportunity and my purpose will always be to glorify God. I also love helping my team members and customers become the best versions of themselves. Join me — it's fun and you too could change your financial future! If you send me a PM, I'll send you a business presentation to watch. I'd also love to send ya free samples to try!
Hmmm, what should I say about this company, well it still seems like they are far from “the finest and most-respectable retail energy provider in America,” I feel this way because it was just a few years ago that they were dealing with a class action lawsuit. But when you have $1.5 billion in revenue in the bank from your global business, a lawsuit doesn’t really seem to break your stride.
I’ve written ad nauseum about the idea of offering special, confidential deals with “elite” networkers. Confidential deals occur when a company provides extra incentives to lure experienced networkers from another company. The incentives take many forms, but usually involve up-front money, preferred placement in the genealogy, enhanced earning potential in the pay plan, etc. If you look historically at the companies that have been aggressive with deals, theres always a massive POP followed by a massive DROP. Who gets hurt? The average distributors that signed up under the pretenses of joining the “next hot thing.”
Now, this one I like. This company doesn’t use your typical Facebook stalking, 3-way calling, auto-shipping tactics. It has leaped into the future, did its homework and decided to succeed with network marketing, finally. The company is an affiliate business opportunity for those who are interested in some first-class digital marketing training; and the icing on the cake is that they have a free trial option.
I have been running a home based business for 2 yrs now and want encourage any woman or man out there thinking about it to stop thinking and take action now. Because truly deserve the financial freedom. I agree that finding right product to get into key to your sucess, am currently selling unrefined shea butter, african black soap and coconut oil online and within my community. And I must say the begining was hard but with determination I’ve been able to make it and I know that you will also. If any one is interested in some of my amazing products please visit, http://www.rgnaturalz.com. thanks and happy to help anyone with tips help you suceed. Thank you.
The interviews and psychological connections lead me to conclude that MLM and NM companies, along with other small businesses opportunities, are important considerations for anyone entering retirement. In fact, I believe the concept of starting a business for retirement income will become one of the most significant trends impacting retirement in the 21st century. But it has to start with redefining entrepreneurship and framing it into a retirement lifestyle. That means helping people find ways to turn a passion, hobby, or personal desire into extra money in their pocket… not to mention helping people see the importance of planning for the non-financial aspects of retirement such as replacing a work identity, staying relevant and connected, as well as keeping mentally and physically fit.
Faith Jewelry is a direct sales company that sells beautiful jewelry that is handmade by international refugees who fled to the United States. Jewelry is made from the finest materials around the world, including Swarovski crystals and Czech glass beads. For $195 you receive $505 worth of jewelry that you can pick yourself, and you make 50% commission off of sales. You also receive sales aids and coaching. Even better, you have a great story to share with your clients.
Online Tutoring and Lessons — If you know a skill that can be taught in person, it can probably also be taught online over video chats. Offering lessons and tutoring online is a great way to work from home, on your schedule, doing something you know or enjoy. And teaching English online has been experiencing a huge boom in business these past few years.
You definitely forgot Thrive by Le-Vel. Premium nutritional supplement line. Weekly commission, no promoter fees, free cloud office, training at your fingertips, free customer accounts, great demand for health right now more than ever. I have never felt better in all my years as a mom. I decided to promote because of the product and how it made me feel. Though all teams within the company may not be as great as my team, it is a wonderful company! My team...we are like family. Always there for each other. I love promoting Thrive!
I found your article interesting. My wife and I have been involved with AdvoCare since November 2011. Even if I never make another dime in AdvoCare, I will continue to use the products because they have worked and continue to work for us. What I find interesting is the statistic that the majority – 99.7% in MLM actually “lose” money. What is the context of that statistic? That would mean A: the majority of MLM companies don’t have a buyback or return policy B: people that get started with MLM’s have to take on much more inventory that they are able to sell or C: this statistic is not accurate. I believe that C is the right answer. I do agree there are flaws in the MLM industry just as there are flaws in every industry. However, I believe that the MLM industry has made huge improvements in recent years and we do have a better way. People are the variable. When you have a great product, a passion and purpose that drives you everyday, are teachable and coachable, and love others as much as you love yourself, you can be successful in this business. Through the process of investing in your own personal development and learning to serve others, you are able to lead others to do the same. Thanks again. I look forward to reading more from you in the near future.
I’ve also learned to lead in Mary Kay and become much more empowered as a woman. I’ve got a business I can do from anywhere, and one I’m proud to share with my friends and family. I’ve learned to help other women start their own businesses and share tools and tricks that have helped me have success. My unit grows as a team and works toward becoming a successful group of Mary Kay consultants. The Mary Kay products are known and loved by many so it’s fun to share all the new beauty and skincare lines as well as the cherished standbys that customers love.
Start making money by promoting THE top brand in baby carriers that has been rapidly growing its store by including quality baby products parents can rely on. Ergobaby revolutionized how we carry babies back in 2002. Now, with their affiliate program you can refer sales and earn commissions! Do you wear your baby in an Ergo Carrier? If so, when friends ask about it, share your affiliate link with them!
Another nutritional MLM selling another magical superfruit with a marked up price tag. So what? Their story might not be interesting, but their bottom line is: they’ve expanded to 44 countries and counting after just over a decade in operation. On top of that, they provide extensive sales training and good commission rates to their reps, which is pretty rare nowadays.
You’ll also find the work much easier if you have developed a range of media-related skills and understand how to navigate the MLM world. At Be On Air Media Schools, we have a variety of programs that can prepare you for MLM success. Give any of the Ohio, Colorado, Illinois and Miami Media Schools a look. Once you decide if it is the path you want to take, you can apply online.
Because anyone can do it! I started the business after I had my 4th baby and was able to do so much of the business from my smart phone. But it was also easy to meet up with other moms for a play date and share the oils. Many moms are looking for natural options to help their families and essential oils are perfect. They can help babies sleep, give moms a natural option when they feel overwhelmed, help with the immune system, and so much more! Plus, it’s the type of product that people will continue to purchase without having to keep bugging them. doTERRA is one of the fastest growing companies right now and this really is the best time to start. In just 2.5 years, my husband was able to leave his engineering job thanks to doTERRA. And I did all that while staying home with my four kiddos. The opportunity is amazing!
To join NYR Organic in February – kit is $80 with worth of $400+ products, plus shipping and tax, which is around $104. Usuallt the kit is $149. To stay active all you have to do is purchase once every 12 months $100 worth of product. No monthly sales requirements and you will have 25% off all the products. Check out my website and contact for more details.
Peter Castleman, Chairman of Herbalife, will be launching YEVO International on February, 1, 2015. This will be the first business to have dehydrated foods with 43 nutrients we all need in order to live healthy lives. Most of the foods we eat today, whether processed or organic, doesn't gives us the amount of nutrients we need in our bodies. I'm looking for people who will be dedicated to making a difference in people's live as well as their own lives. If you're interested in joining me please do email me at firstname.lastname@example.org or email@example.com. Once again my name is Denise Williams.
I appreciate this comment. I’m a doTERRA gal. When I signed up I said I’d never sell. I just wanted to buy and use the oils. Then because of my love for them, people started coming to me for education and asking where they could get oils. So now I sell them. I’m not a sales person. I can’t bug my friends about stuff. But I’m growing this business because I truly believe in the products and use them every single day. I may not ever become rich from this and that’s OK with me. I won’t consider it a failure. Every person I help is a success in my book!