With Herbalife now in over 65 countries many people are looking at the business opportunity everyday. We will examine the opportunity of Herbalife.
Mark Hughes Started the company in 1980 before his premature death. Herbalife now boasts a whopping 1.5 million distributors worldwide.
The opportunity is standard MLM Structure. You pay a startup cost to become a distributor and then you can begin placing people underneath you by holding product parties, often for your family and friends.
As in a lot of MLM's the majority of wealth is driven by a few people and the others are left to fight for the market share that is left.
The majority of distributors, as in any MLM structure will drop out within 90 days as they will not be able to turn a profit on the small margins on each product.
Now the products that Herbalife represents are high quality, but they are typically about 30% more expensive than a similar product at the local GNC.
To wrap up, Herbalife is legitimate. That fact aside, the vast majority of people who become distributors do not make money.
When looking to find a business that is best suited for you, find a product you can get behind, a compensation plan that sets you up to win and a system that encourages mentorship. Without there three key pieces, you will be setting yourself up to fail.
Happy Hunting! - 15790
Mark Hughes Started the company in 1980 before his premature death. Herbalife now boasts a whopping 1.5 million distributors worldwide.
The opportunity is standard MLM Structure. You pay a startup cost to become a distributor and then you can begin placing people underneath you by holding product parties, often for your family and friends.
As in a lot of MLM's the majority of wealth is driven by a few people and the others are left to fight for the market share that is left.
The majority of distributors, as in any MLM structure will drop out within 90 days as they will not be able to turn a profit on the small margins on each product.
Now the products that Herbalife represents are high quality, but they are typically about 30% more expensive than a similar product at the local GNC.
To wrap up, Herbalife is legitimate. That fact aside, the vast majority of people who become distributors do not make money.
When looking to find a business that is best suited for you, find a product you can get behind, a compensation plan that sets you up to win and a system that encourages mentorship. Without there three key pieces, you will be setting yourself up to fail.
Happy Hunting! - 15790
About the Author:
Mathew S Robar is an Internet Mentor who helps people find the best way to Earn Money While Online.