Herbalife is best known for its products that help people lose weight and boost their metabolism. However, Herbalife is also known for it’s business opportunity that offers potential for an amazing income stream for the average person. If you are considering Herbalife for an MLM opportunity read this information on the company.
My only goal here is to help you and provide you with an unbiased review of Herbalife and the business opportunity.
In 1980 a gentleman named Mark Hughes started the company we know as Herbalife. In his words, he dreamed of “a future brilliant beyond compare”. The goal Mark had was to help people improve the health in their lives and give them a dynamic business opportunity at the same time. Now, thirty years later, Herbalife sponsors various sports teams, is an international company, and has continued to grow and thrive.
In the early 2000’s Herbalife had to change several of their products that involved Ephedra. Ephedra has been known to significantly increase the risk of some heart conditions. As soon as that information was verified they took the proactive steps to create safer products that were Ephedra free. Those products became available in 2004. Herbalife has shown that they are interested in consumer safety and keep on top of all available research to make sure that their products are high quality.
Herbalife became very well known for its weight loss supplements. Herbalife continues to reach into new markets and seems to have success regardless of the market. Energy and Fitness products are very popular because of peoples increased interest in health and well being. Herbalife also offers Targeted Nutrition and Personal Care products. The product line offers products that are of value to most all people. Once again, Herbalife seems very interested in making sure that they only deliver the highest quality products. Very reassuring for the would be distributor.
Herbalife Compensation Plan
The compensation plan for Herbalife is called the break-away plan. This type of compensation is the oldest one out there and fairly common in established MLM companies like Herbalife. After a distributor meets certain performance criteria they can break away from their original sponsorship line. The original sponsor will get a percentage of the entire break away organizations sales.
The benefit to break-away compensation plans is that they incorporate flexibility and motivation techniques for distributors to help them advance. Since the person who brought you on will benefit from your success there is a very good support system in place.
The downside to the Herbalife compensation plan is that it is NOT easy to explain. Many people are used to compensation plans that are quite direct. When you introduce a break-away compensation plan it can be challenging to get people thinking the way you’d like.
Herbalife is a solid MLM company. They have been a strong presence in the MLM community for 30 years now. A LOT of the reason Herbalife has continued to be successful, is the constant research they do for their products, and the devotion they show to their distributors. The compensation plan that is offered through Herbalife is considered a fair and reasonable plan. Those who distribute Herbalife usually keep the support network of their original sponsor because they will benefit from the success of those they bring on. Overall, I would say that Herbalife is one of the better MLM companies out there and worth looking at if you are looking for a home based business opportunity.