subject: Herbalife Scam! - The Shocking Truth Revealed! [print this page] Herbalife Scam! - The Shocking Truth Revealed!
Herbalife scam is definitely one of the hottest debated topics in network marketing today. However the real question currently at the top of peoples minds is this. Is this company truly a scam or is it in fact a genuine business opportunity?
Herbalife Scam - The Truth!
The truth of the matter is Herbalife is definitely not a scam but a legitimate company and major player in the network marketing arena. Founded in 1980 by a charismatic young Mark Hughes who sold the very first product, a meal replacement known as Formula 1 from the trunk of his car. They have since expanded rapidly to the point whereby they now distribute their weight loss, nutrition and skin care products in 72 countries.
Currently boasting more millionaires than any other company in the world. The official sponsor of world renown soccer player David Beckham and being listed on the New York Stock Exchange it seems Herbalife can do no wrong. In fact their revenue in 2009 was over $3.5 billion alone which should be more than enough evidence to silence even the most fierce accusations of a Herbalife scam. As you most likely know however this is in sharp contrast to the truth!
Herbalife Scam - The Whole Truth!
Ever since their inception Herbalife like so many other network marketing companies have attracted their fair share of controversy over the years. Well documented court cases fought against the FDA over exaggerated claims of their products effectiveness, were just one such instance. But by far the vast majority of bad press seems to stem from disgruntled and frustrated former distributors who for some reason or other have failed with the business opportunity. Then going on to justify their failure by claiming they were taken advantage of by the Herbalife scam.
Herbalife Scam - Nothing But The Truth!
Herbalife scam stories of this nature abound only further justifying the shocking truth that the network marketing industry has a 95% failure rate. The problem with this opportunity as with all other network marketing opportunities lies not with the company or its products. Both of which are of the highest standing but with the strategies and techniques its distributors use to market and build their businesses. You see distributors are encouraged to write out their warm list of friends and family, right down to the friendly neighbour hood dog catcher. Before then approaching these people about their business opportunity and or products.
Sadly this is when things really go from bad to worse however as the majority of distributors fail miserably with their warm market. Receiving questions like "Is this Amway?" To which when the answer is no they reply. "Then is it that Herbalife scam?"
With the vast majority of the public being very aware of network marketing, distributors are forced to find new ways of marketing their business. Other than just to their warm market, or pitching strangers in the mall as these methods are just no longer as effective as they used to be!