With Herbalife now in over 65 countries many people are looking at the business opportunity everyday. We will examine the opportunity of Herbalife.
Herbalife was founded in 1980 by Mark Hughes who subsequently died several years later at the age of 44. They now have over 1.5 million distributors worldwide.
Herbalife is run under a MLM structure. There is an upfront distributor cost and they you are compensated off of the people that you place underneath you and how much product they buy.
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.
In Herbalife as with many other MLM companies, you will see a mass exodus of distributors with the first 90 days.
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.
It is my contention that you need 3 things to be successful. A compensation plan designed to benefit you right away, a mentor based program and a belief in the product.
Have fun out there
Herbalife was founded in 1980 by Mark Hughes who subsequently died several years later at the age of 44. They now have over 1.5 million distributors worldwide.
Herbalife is run under a MLM structure. There is an upfront distributor cost and they you are compensated off of the people that you place underneath you and how much product they buy.
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.
In Herbalife as with many other MLM companies, you will see a mass exodus of distributors with the first 90 days.
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.
It is my contention that you need 3 things to be successful. A compensation plan designed to benefit you right away, a mentor based program and a belief in the product.
Have fun out there
About the Author:
Mathew S Robar is an Internet Mentor who helps people find the best way to Earn Money While Online.
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