If you’re here doing your due diligence on whether or not if World Ventures is a pyramid scheme, then you have clicked on the right article. Let’s dive right in it shall we.
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Is World Ventures A Pyramid Scheme?
Before I get into more detail about the company let me explain exactly what a pyramid scheme is. A pyramid scheme is where a organization makes use of its new reps so as to make payments profits to its old reps. In English, it is a kind of company paying for hiring new representatives, and offers non- valuable products or sometimes no products at all, and even if it has products, they are of no real value to a consumer. So if you look at the company, you will come to know that the company pays no
commissions for recruiting new reps. You are only paid when products are sold. Another little nugget that proves that the company is not a scam is that the company is in business for more than 10 years, and has reps and offices in 26 countries. In addition, WV abides to all local, state and federal laws. The compensation plan of how company reps can earn income is great as well, like they say, your recruit four, you pay no more.
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WV uses the concept of buying in bulk to offer exceptional vacations with incredible value and only requires a one-time set up cost and low recurring monthly membership fee, to continually have access to the dream trip packages.
Now you still might be a little skeptical about the company still which is understandable, below are a few more facts that support the company is a legitimate organization and that it is not a fraud.
- CEO’s Wayne Nugent and Mike Azcue were declared runner up businessmen by Ernst and Young. E&Y would never awarded the company if it were a scam.
- The company is operating in Plano, Texas with more than 200 employees and in an area of 38,000 square feet.
- In 2013, the company was ranked 75th among the biggest network marketing companies around the globe, reported by Direct Selling News
- The company is operating in Plano, Texas with a little over 200 employees and in an area of 38,000 square feet.
If you want to be successful in this industry you have to treat it as a real business, not something where you think you can talk to your family and friends, do a couple meetings, and all of a sudden be financially free and independent, no it’s going to take long days, and some occasions sleepless nights to even generate attraction.
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