If you’re reading this article right now you are probably doing some research on Herbalife wanting to learn more about their strengths, their leadership, compensation plan, and can you still make money with this company, etc… If you are searching for a good review about the Herbalife business opportunity, this article is based upon 6 years experience in the network marketing industry having seen many companies fail, and many companies succeed. The purpose of this article is to provide you with an unbiased review of Herbalife and the real facts about the Herbalife business opportunity.
Herbalife Reviews: A Little History:
Herbalife was founded by Mark Hughes in 1980. The first Herbalife product that Mark sold was actually sold from the trunk of his car! To most people that would seem like an insane thing to do, but to Mark Hughes it was the start of something big… his dream to help people live a healthier life as well as provide them with an unparalleled business opportunity.
Like any company Herbalife had it’s ups and downs, but now, 30 years later, they are one of the biggest health & nutrition companies in the world, they have had 5 consecutive years of double digit growth, they sponsor various professional sports teams, are publicly traded on the NYSE, and are operating in over 70 countries.
Herbalife Reviews: A Look At Their Products:
Well known for their weight management products, Herbalife has grown to a product line including energy & fitness, targeted nutrition, and personal care. All of their products are backed by extensive scientific research, headed up by Dr. Louis Ignarro – Scientific Advisory Board, Nobel Laureate, and Dr. David Heber – Chairman of the Herbalife Medical Advisory Board, Director of the UCLA Center For Human Nutrition.
Herbalife focuses on consumer safety and providing the highest quality of products to the market place, resulting in over 45 million clients worldwide using their products. Through much research and reading product reviews, it’s safe to say that these products have been proven to work and work well.
The Herbalife Business Opportunity & Compensation Plan:
Along with their quality products, Herbalife offers a dynamic business opportunity. As an Herbalife Independent Distributor, there are 4 ways to make money. You can make money from retail profit, wholesale profit, royalties and bonuses. Basically you can make money retailing the products, by building a business, or both.
Herbalife’s uses whats called a break-away compensation plan for it’s distributors. Your commission is based on the level of distributor you are and there are 4 different levels to choose from. You can join at the highest level and receive the highest possible commission, or you can join at a lower level and work your way up (which is great for someone who does not have a lot of money to get started). This is an older compensation plan, but very common in older, well established MLM companies.
Can You Be Successful With Herbalife?
Herbalife is a well established MLM company that has been around for 30 years, are well respected and provide quality leadership. Their products, including weight management, targeted nutrition, personal care, and energy & fitness are some of the best in the world. However, the fact is 97% of Herbalife Distributors fail to be successful with their Herbalife business. When you join Herbalife, you will be provided with minimal training, some training events you will actually have to travel too, but the fact is that they are just too big of a company to provide you with the proper training, support and guidance you need to be successful with your Herbalife business.
Here is the bottom line: no matter how great your companies products or compensation plan is, understand that no company, product or compensation plan will sell itself without having an well organized, well laid out marketing plan that is properly executed. This is why 97% of Herbalife Distributors fail. Because they seriously lack the training, support and guidance they need on what to do and how to be successful with their business.
I hope the information in this article has provided you with the answers to your questions regarding the Herbalife business opportunity.