For a multinational company that has made billions of dollars, the extent to which Herbalife is still considered a scam is just beginning.
One of the accusations regularly leveled against Herbalife is that it resembles an illegal pyramid scheme. A pyramid scheme is an unsustainable business model, with an emphasis on recruiting new people to the scheme. The further down the pyramid you go, the harder it becomes to make money, and the people at the bottom of the pyramid end up losing money.
Herbalife is not an illegal scheme. It is 100% legit and is listed on the New York Stock Exchange. Herbalife offers genuine money-making opportunities to those who are prepared to take the time to learn how to market and sell their products effectively.
So what about the products? Herbalife faces accusations that its products are a scam. Kathryn Perry, the ex-wife of Herbalife founder Mark Hughes, claimed that Herbalife products were “a gimmick.” Herbalife has also had to defend itself against several lawsuits from people who claim the products negatively affected their health.
These are allegations that Herbalife CEO Michael O Johnson has resolved to clear up once and for all. The company is proud of its product and believes that all distributors have an equal chance of success, provided they are applied correctly. The amount someone can take out of the business will correspond to the amount of work he put in.
Herbalife has taken drastic steps to prove its legitimacy and improve the quality of its products in recent years, and to give its distributors the best possible chance of success with them. Knowing your target market, implementing effective marketing techniques and targeting your sales to the right prospects is the key to success with Herbalife. The difference between success and failure depends on you, and only you.
Herbalife is not a scam, but you will certainly lose money if you try to build your business at the expense of your friends and family.