Is Herbalife A Scam? Discover The Truth Behind The Rumours
About The Herbalife Scam
For decades, Herbalife has been a major player in the health and wellness industy. CEO Michael O Johnson and his predecessor, founder Mark Hughes, have presided over three decades of unprecedented success and soaring profits. But many people still accuse Herbalife of being a scam.
For a company that is so successful, and have taken major steps in recent years to convince the world of their legitimacy, the regularity with which they are criticised is surprising.
The scam allegations relate to the business model - they are sometimes called a pyramid scheme -, the effectiveness of their products, and the integrity of their scientists.
The Truth Behind The Herbalife Scam
But the truth is that Herbalife is a legitimate business opportunity which has made a lot of people a lot of money, and could make you wealthy too if you learn the tricks behind running your business successfully.
Firstly, the pyramid scheme accusations. Pyramid schemes are illegal in most countries, but Herbalife is not an illegal scheme. It is 100% legitimate, and is listed on the New York Stock Exchange. It is an example of a multi-level marketing company, NOT a fraudulent pyramid scheme. Herbalife offers genuine money-making opportunities to those people who are prepared to take the time to learn how to market and sell their products effectively, and to master the business skills required to succeed in MLM.
There are also some people who question the effectiveness of the products, and claim that they are not backed up with scientific research. These are allegations that current Herbalife CEO Michael O Johnson has resolved to clear up once and for all. The company now boasts a nutritional advisory board that is comprised of distinguished professors and award winning scientists. They are, claim Herbalife, ‘backed with the strongest ethics and values'. They even claim to ‘set the standard by which others in the industry are measured'.
Herbalife's recent high-profile sponsorship deals with top soccer teams Barcelona and the LA Galaxy add weight to these claims, and can be seen as a way of convincing the world that they have cleaned up their act, and are a company worth becoming involved with.
Herbalife scientist Louis Ignarro is sometime criticised for having a financial interest in the success of some of the products he is responsible for developing, but Ignarro is a respected Nobel-prize winning scientist whose reputation has taken him years to earn. It is unlikely he would do anything to jeapordise this.
The Herbalife Scam - The Truth
So there you have it, the truth behind the ‘Herbalife Scam'. Herbalife as a company has taken drastic steps to prove its legitimacy and improve the quality of its products in recent years, and to offer its distributors the best possible chance of becoming successful with the compnay. Knowing your target market, implementing effective marketing techniques and focusing your sales on the right prospects is the key to succeeding with Herbalife. The difference between success and failure is down to you, and you alone.
Herbalife is not a scam.
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