Hegemon Group International Review: Insurance and ???
Hegemon Group International was founded by Hubert Humphrey in January 2012.
The company is based out of the US state of Georgia, with Humphrey serving as CEO (credited as such in his LinkedIn profile).
Somewhat curiously, this title is absent on the Hegemon Group International website, with Humphrey credited only as ‘the Architect of the Leadership Format System‘.
Following a stint as an Amway affiliate, Humphrey (right) went on to become one of the original members of A.L. Williams & Associates (today known as Primerica Financial Services).
According to Humphrey’s Wikipedia bio, he
began to apply MLM techniques to his A.L. Williams sales organization, initially without the knowledge or consent of A.L. Williams founder Arthur L. Williams, Jr..
His methods became the foundation of the organization, and the growth of A.L. Williams to a sales force of 250,000 registered life agents when sold, and 44,000 registered stock brokers was attributed to Humphrey’s use of leadership training and recruiting in the company.
In 1990 A.L. Williams merged with Primerica to form Primerica Financial Services, which saw Humphrey leave the company.
Humphrey then created Alexander, Inc., which was renamed World Marketing Alliance, Inc. (WMA). The new company was also in insurance and investments, however the product was different. The company concentrated on marketing variable universal life insurance (VUL) and became one of the largest, independent broker/dealers in the country.
Humphrey eventually sold select assets of World Marketing Alliance to Aegon in 2001, which is now known as World Financial Group.
Of World Marketing Alliance, Rod Cook of MLM Watchdog claims
WMA peddles costly and complex packages of insurance and mutual funds much the way Amway sells soap. But how WMA runs its pyramid-style sales structure (Humphrey prefers to call it “the magic of compound recruiting”) is drew (sic) scrutiny from regulators and generating claims of fraud from investors.
Wen WMA insurance and securities went under (as WMA), and Aegon saved it by buying out Hubert Humphrey … they (WMA) were within days of being shut down by regulators.
That was the whole purpose of the Dot-Planet fiasco, as HH wanted to ensure that he had somewhere to move his “team,” if regulators killed the securities side of the business.
After selling World Marketing Alliance to Aegon in 2001, Humphrey then went on to launch World Leadership Group.
Humphrey retained WMA Mortgage Services, Inc., from his sale of WMA, which became the foundation for World Leadership Group WLG.
The flagship mortgage product that was sold was the “Option ARM” – a type of adjustable-rate mortgage.
World Leadership Group and associated companies ceased business operations in December 2008 citing current market conditions in the mortgage and real estate industries.
Four years later, Hegemon Group International was launched.
HGI is the umbrella for Hegemon Financial Group (“HFG”) and The Pella Group (“TPG”). Humphrey reused (the) WMA logo for the new venture.
HFG sells licensed products via Hegemon Financial Group.
TPG also offered non-licensed products in Land Banking, Mortgage Leads, Technology, 2nd Market Annuities, Merchant Services, P&C Referrals, and Debt Management.
Read on for a full review of the Hegemon Group International MLM business opportunity.
The Hegemon Group International Product Line
Hegemon Group International themselves don’t appear to have any retailable products or services.
Rather the company markets third-party services, which they categorize into licensed and non-licensed products.
At HGI, we offer a wide variety of world-class products and solutions.
From Life Insurance and Property and Casualty Products to Market Linked CD’s, In-Force Annuities, Land Banking, and much, much more, our goal is to provide quality, professional products that people need at a price they can afford.
While many of the HGI products require a license to sell, HGI also offers a wide variety of products that can be marketed without a license which provides opportunity for every individual.
No specific prices (retail or otherwise) are provided on the Hegemon Group International website.
The Hegemon Group International Compensation Plan
Despite full disclosure of the HGI compensation plan on their website, I’m at a loss to provide a detailed explanation of it.
The primary reason for that is a lack of disclosure of what exactly HGI sells and for how much.
The only commission was able to confirm, is that if you sign up a new HGI affiliate you are paid $50.
Nonetheless, commission levels cited in the single-page compensation plan document provided (“for more details, contact your HGI Associate”), range from 40% to 80%.
There is some sort of scholarship thing listed in the commission column, with two figures given: $1000 for Basic and $2000 for Advanced.
In the business presentations I watched these were cited as commission payouts, but on what was never explained. My guess is some sort of affiliate programs that cost more than $1000 and $2000 respectively.
Generational Overrides of up to 10% down six generations are available, but again without knowing on what don’t mean much – ditto the Infinity Bonus.
I will point out that the HGI affiliate rank qualification requirements, of which there are ten, focus primarily on recruitment and group volume.
This is so even at the basic “Training Associate” rank, suggesting recruitment of new affiliates plays a big part in HGI.
Supporting this is the constant urging of prospective affiliates to get to the Regional Marketing Director rank as soon as possible (as witnessed across multiple HGI business presentations), which requires a minimum 20 personally recruited affiliates.
Joining Hegemon Group International
Affiliate membership with Hegemon Group International is $125 plus $29.95 a month.
Conclusion
Rod Cook describes Hegemon Group International’s compensation plan as “the world’s worst complan”.
I don’t know about that, but I will state that I cannot see how anyone can take HGI seriously in its current state.
Possible the result of Hubert Humphrey’s long-time involvement in the MLM industry, HGI as a business feels largely out of date.
This stems from information control, which I feel is by design. An call-back to the pre-internet days, when a prospective affiliate might have been entirely at the mercy of their potential upline for disclosure.
These days that’s simply just not good enough. Yet despite watching a combined five to six hours of HGI business presentations, going over their comp plan and visiting the company’s website – I’d be at a complete loss to explain to you specifically what they sell – and more importantly for how much.
I mean I know I know it’s got something to do with insurance… but beyond that? No idea on the specifics.
This renders any explanation of the compensation plan useless, leaving anyone considering HGI with not much to chew on.
One huge red flag that immediately stood out to me in one corporate business presentation (narrated by Hubert Humphrey himself), was mention of an “equity share credit program”:
Available only to Regional Marketing Directors or higher (explains the “get to RMD as quick as you can!” sales pitches?), this clearly appears to be an offering of securities.
Based on how much an affiliate makes in a calendar year, HGI offer them “equity share credits”.
Affiliates who earn $50,000 are awarded 0.5 equity share credits for every dollar earned. Affiliates who earn $100,000 or more are awarded one share.
These credits are used if HGI embark on a “defining event” that year, with such an event described as being “an IPO, merger or sale of the company”.
Payouts will be allocated based on a pro-rata if and when there is a defining event.
Obviously aware of how that sounds, HGI include the following disclaimer:
Equity share program is not a security. Not ownership in the company. No guarantee there will be a defining event.
Personally I’m going to have to disagree. Clearly an offer of future income potential is being made, based on the passive efforts of others.
As Hubert Humphrey explains;
You’ve got to stay in the game, be in good standing… be there, and there’s gotta be some type of… it says there at the bottom, an IPO, merger sale, some defining event of the company.
May not ever be, but we’ve done it in the past and we have plans to do it in the future.
You just need to be there and if and when there’s money made, you’ll get your share of it.
Typically we see affiliates buy securities from MLM companies directly, but in HGI equity shares form part of the commissions structure for RMD or higher-ranked affiliates.
Technically equity share credits make up 33% of an affiliate’s commission payouts, with the other 66% paid out as cash.
The shares themselves are worthless, pending the efforts of others (a “defining event”), clearly making the credits a securities offering.
I suspect the reason this hasn’t been picked up on is the fact that it was utterly buried in an hour-long business presentation, that I only caught by chance.
There is no mention of the equity share program in HGI’s official compensation plan documentation or on their website.
Potential unregistered securities issues aside, my gut feeling is that HGI is an internal consumption focused opportunity, in which affiliates are earning primarily of purchases made by recruited affiliates.
To verify that, I’d strongly encourage any prospective HGI affiliates to get any one pitching them the opportunity to explain it in five minutes or less.
Get them to explain what HGI sell (exactly), for how much and how affiliates get paid.
If they manage that, firstly get them to come on here and explain it to the rest of us – then get them to break down their retail customer business volume versus that of their downline.
I really don’t see HGI in its current form being successfully pitched to retail customers, but I could just be missing something here (although I doubt it).
Approach with caution, and if you can’t get your head around the business model – walk away.
Update 25th October 2020 – The Wikipedia entry for Hubert Humphrey, as referenced in this review, was deleted on October 18th, 2020.
The stated reason for the deletion is “there is sufficient coverage to say this person is notable.”
Thank you so much for this review. I’ll be showing this to my family and other friends.
I just hope I won’t be too late like I was before…
WTF?! Why would a salesperson position cost $125 to start and $30 a month? What do they get out of it?
Not to mention selling financial products in many jurisdictions require a license and/or proof of training, esp. annuities.
NOLINK://www.insurance.ca.gov/0200-industry/0005-quick-guides/05-licensee/index.cfm
Not sure what the issue here is. After the training associates completes the training program (3 field training sales by a licensed associate) he gets $1000. He gets $2000 if more sales are done by the trainer while waiting for a license. No smoke and mirrors here.
You are not paid $50 for recruiting. That was once an incentive, but that is not done.
As far as equity, that is now moved from the presentation, probably due to legal reasons.
The $125 fee includes lifetime training. The $30 per month is optional, and is for a personal website and other online marketing materials.
This review is clearly off-base and biased. I’m not going to try to justify it too much – just do your own research.
The company sells a variety of insurance products from many companies, including AIG, Phoenix, and North American.
So why is it in the HGI official compensation plan documentation, as sourced in July 2015?
So it’s a pass up plan?
The issue is that none of this is adequately explained in the HGI compensation plan documentation.
So uh, out of sight out of mind? If they’re still offering the equity program then the unregistered securities issue is still very much real.
Attempting to hide it is neither here nor there.
Best of luck. I did exactly that when I sat down and began this review.
It certainly is not. Go to hgicrusade.com and see for yourself.
A new agent is paid a $1000 or a $2000 “training scholarship” once these sales are completed by the upline, so I would not call it a pass-up, since the new reps receives compensation.
However, due to insurance laws, they can only receive this money once their insurance license is achieved.
The amount received is based on the amount of premium that is written. You are upset that it is not in the documentation on the internet, but I assure you, that it is in the documentation that a new rep receives prior to making a decision to join.
Insurance rates are not set by HGI and are generally not even available on the insurance carriers website. Our rates are the same as anyone else that sells our products. AIG, Phoenix, North American, etc… I don’t understand what you are getting at.
Should every insurance brokerage publish every company’s “rates” on their website? That is total hogwash.
Again, you have no clue. We do not sell insurance online anyway. You can research each of the companies listed on the website if you wish.
Nobody is trying to hide anything. First of all, the presentation was already too long. Secondly, it is not an unregistered security.
You have no clue about what you are talking about. They are equity share credits, not stock options. There is a difference.
Equity share credits are potential compensation, not compensation at all, whereas stock options are actual compensation and have a “strike value”. There is no value until a defining event takes place and those credits are converted into something of value, such as an option.
Affiliates, as you call them, are paid by selling insurance and other financial products. Plain and simple. Overrides are earned on the difference in contract. This is simply how the insurance world works, HGI or otherwise.
If a policy is $2000 per year and you are at a 50% contract, you make $1000. Wasn’t that simple? There are no huge “affiliate programs” that cost $1,000 or $2000.
You obviously do not like the structure but you have done nothing than to give a bad “review: due to your lack of understanding of the materials that you have been able to find on the internet.
As with ANY business, you are not going to find all of the details published on the internet. If you want the details, go to an office and speak with someone… Just don’t show up at my office HAHA!!!
Who am I? Let’s just say I am the one who knows…
Horseshit.
You get paid on RV = recruitment commissions.
It might not be as obvious as it should be, but that just means they’re trying to be slimy about it.
New sales to affiliates? = more recruitment commissions.
So are the commissions passed up or not?
Providing inadequate compensation information to the general public, and only providing detailed compensation plan information after money has exchanged hands = huge red flag.
As in “do not join this company” red flag.
See above.
^^ Right, makes total sense.
Meanwhile a security is a security is a security. Are HGI registered with the SEC or are they engaged in securities fraud?
In the world of MLM, this is some catastrophic-level fail on HGI’s part.
Like the equity share shenanigans, this too is hidden from the general public:
It’s right there in plain English. Pay an affiliate fee and get paid to recruit new HGI affiliates who do the same.
BehindMLM reviews are painstakingly researched, better luck next time.
The $50 Bonus “WAS” a commission on the $29.95 technology fee package. Again, this is discontinued and you keep bringing up old screenshots. And without the technology package, no bonus. Who cares? What’s the point?
Not true. It’s the same as in a traditional General Agency.
If I am the broker at 80% and my sub-agent is at 50%, I get a 30% override on submitted business. Period. Agents cannot receive insurance commissions until licensed. Unlicensed agents can get commissions on unlicensed products.
The sales are to whoever, new agents or clients. In any case, the $1000 scholarship is not paid UNTIL the agent is licensed.
It is not a security, therefore no registration is required. If there was fraud, there would have been an indictment by now. You are way off base.
But if you feel so strongly that they are engaged in securities fraud, I would most certainly alert the SEC. Let me help you:
sec.gov/complaint/tipscomplaint.shtml
Let me know how it goes. Please post your results here.
HGI is not pure MLM. It is a blend of MLM and the General Agency system, and is subject to much more regulation that just a regular MLM.
We are subject to FINRA, State Insurance Commissions, FTC, Banking Commissions and more.
You hate network marketing. You hate HGI. Who cares?
The problem is that you are posting inaccurate, outdated and biased information on the internet, with no intent on having a conversation that has logic or professionalism.
So once HGI got exposed, they quickly got rid of the recruitment commissions. And I still think you’re full of shit:
$50 commission on a $29.95 affiliate fee? Yeah, no worries.
HGI affiliates get paid on RV, stop being slimy about it.
“Whoever” is not good enough. What’s the spread of retail customers (never signed an affiliate agreement) and affiliates?
HGI are offering “equity positions” to affiliates which are being marketed purely on the premise of said positions passively increasing in value at a later date.
That’s a securities offering. HGI aren’t registered with the SEC and that’s the definition of securities fraud.
Don’t waste my time with “but why haven’t the SEC shut us down yet?” defense, that’s straight out of scamming #101.
MLM comp plan? Yeah, HGI is MLM. Stop being slimy about it.
I’m not the smartest person on the planet, with only a Masters in education, but If I want to know what the Baptist believe, I go talk to the Baptist. If I want to know what Mormons believe I go talk to the Mormons. If you really want to know the truth, you will go to the official Hegemon Group International web site.
Also, I believe Mr. Humphrey would be glad to talk to anyone that wants it from the horses mouth. Most people really don’t want the truth.
There are people who take money to post inaccurate information about businesses. Why do they need money to post “the truth”? My guess is it “IS NOT THE TRUTH”. If I give someone a good bit of money they might be inclined to post whatever I request from them. Just saying>>>> Kinda reminds me of some politicians.
Hegemon Group International is an open book. I have attended many of the meetings locally and abroad. I am a good resource for truthful information. I also have know the Humphrey family for many years. I give this company a thumbs up!
Just so you know, I have made a lot of money and helped many people protect their families with our top tier products.
Respectfully,
Stacy RIdings
Tried that when I was researching for the review. The Hegemon Group International website does not disclose crucial information about the company.
Of course you have. Nobody else is going to defend an MLM company with appalling disclosure. Not good enough.
As did the hundreds of net winners in the Zeek Rewards fraud currently being sued by the court appointed receiver.
Your point being ???
Clearly you mean “if you really want to read PR material…”
That will only get more PR material and what he PERCEIVED to be the truth.
Besides, who wants to talk to a horse?
A better way to catch the scam would be to ask the salesperson to lay out a month-by-month spreadsheet of what he or she, and anyone under their umbrella, have put into the company and a list of money they have earned, a cost-plus-loss narrative.
If that person redirects the conversation to “it depends on how many people you recruit” or “you have to push the product to earn more,” then you can, for sure, pin a Bozo-button on his or her shirt because it’s a scam.
Thanks for posting this, by the way. Until our legislative body in the US puts MLMs in their place–legally–then good, honest people are forever going to be duped into paying for pipe-dreams.
In MLM, earnings have no bearing on a scam being a scam. A business model (compensation plan) is what you need to analyze.
I think JL was suggesting that people lie about their earning to sign others up. Isn’t misleading, lying, and misrepresenting a form of scamming?
It is, but as a layman a business model is much easier to analyze as opposed to sussing out whether affiliates are earning what they claim they are.
Compensation plan can be complicated, but at least you’ve got access to them.
Why not just spend the $125 and get the inside info you want from the inside?
There’s no scam and as far as income there are no quotas so people can sell as much or as little as they want.
If you have to spend $125 to find out basic information about an MLM company…
Why are those “insider info” any way?
Do you know what a “shrink-wrapped contract” is? It’s also known as “you have to accept before you know what you’re accepting”. It’s not legal.
The $125 suggestion is just a suggestion. You are making statements from an outside perspective. If your so deep on exposing some scam why not just pay the fee and see for yourself?
I’m sure if you asked for a agent agreement they would supply one. Call the home office in Georgia and ask for one.
It doesn’t make sense to hide something from people when once they get in they can just quit. People get on boards and bash a company but these companies just keep going and on some occasions get bought by people who invest some large funds but posters have more information per their intense research.
HGI isn’t a scam and will go forward. That’s the bottom line. HGI I’m all in. If not for you then don’t do it. Works for me.
Suggestion? $125 to sign up as an affiliate isn’t a suggestion.
Why does the general public have to pay $125 to find out basic information about an MLM company?
All I’m seeing is excuses for shady business practices.
So what exactly are you saying? The $125 is refundable? It’s optional? It can be discounted? Do you even KNOW what you are saying?
My suggestion isn’t about hiding anything. Your making statements about an organization which people are saying you basically know nothing about. If your so hell bent on calling it a scam why not just pay the fee and investigate from the inside. Save $1 a day for 125 days. If you find a scam expose it.
Is the $125 refundable? Call the company and ask. Just go in with an open mind and of course let people know when and if you earn your initial $125 back per sale of products or services.
Yet I’m sure the $125 isn’t really an issue because you won’t do it. There’s no benefit to you to be fair and open. Go to the source.
Why should the general public have to pay $125 to find out basic information about an MLM opportunity?
Why does Hegemon Group International hide crucial due-diligence material about their income opportunity behind a $125 paywall?
You continue to fail to answer these very simple questions.
@Do it Since you think everything is good and honest – why don’t you pay the $125 for anyone that wants to look?
I mean you have nothing to hide right?
YOU stand to get paid from ” products and services ” right??
I won’t pay it for everyone because everyone has to make their own decision about if HGI is a good fit for them.
It’s an opportunity just like other companies. It;s not like anyone is being asked to pay a franchise fee of few hundred thousand dollars. Your not an entrepreneur which is why your complaining about $125.00.
If anyone has any reservations about HGI or any other companies I’m sure you know the companies don’t need you and they will go forward with or without you. People bashed A.L Williams for years. People bashed Hubert Humphrey for years. but guess what? They kept going and the businesses they built thrive today.
Yet of course the message board experts say no don’t do it. Many people who stayed the course made some real good money in their careers.
I don’t know of any “other companies” I have to pay $125 just to learn basic information about the company’s business model.
Because that’s how the MLM industry works. Lol.
And how much of that was derived from retail sales?
But please, don’t let that stop you making excuses for the inexcusable practice of charging money for basic due diligence information.
How old are you? That’s a kindergarten dare. Grow up, man. Next you’re gonna start calling critics “yellow” and “chicken”, right?
My dad’s bigger ‘n your dad, nyaa, nyaa, nyaa
Yeah? Well f-*please pay $125 to read the rest of this comment*
@ Do It
I have a few questions about HGI.
Is the $125 mandatory?
Is there a free option?
Is the $125 commissionable?
Do any of the upline earn overrides from the $125?
Yes the $125 is mandatory. No there is no free option. No commission is payed on the $125.
HGI is a business opportunity. It’s not a job. If HGI isn’t your cup of tea then don’t drink it. It’s that simple. To dig in on a business due to a small fee of $125 is kind of petty especially if there’s no clue on products or compensation.
To find out about HGI why not just sit down with or contact a rep and have a face to face? Yet i know your goal isn’t about information. It’s about bashing.
Go to a person in the process of buying a franchise such as McDonalds and complain about a $125 fee. Welcome to the business world.
How about “no clue on business opportunity” as in what does one do to get paid?
So you claim HGI is a business opportunity. Is there sufficient disclosure to prospective members who had not paid the $125 join fee as per FTC rule 16 CFR Part 437? Are you authorized to claim this is a “business opportunity” and therefore is required to comply with FTC’s “revised business opportunity rule”?
Welcome to common sense.
McDonalds don’t charge $125 for basic franchisee information. Only your scummy company does that.
Because being required to pay $125 for basic due diligence information is a disgrace.
@ Do It
Is what Oz is saying true? Do you need to invest the $125 prior to receiving sufficient information about the company to do your own due diligence before joining?
I hardly ever find Oz to be lacking in his research. And in those rare cases, he will post the correction immediately. Now is your chance to provide information that counters his statement.
Otherwise, HGI should consider a change in their policy.
A smart Business Decision would resolve this issue.
You’re welcome.
It doesn’t matter what information is given. I answered the questions given. Currently I’m not associated with HGI but I have ln to the company. In this case Oz research is lacking. He can sit down with a HGI rep and get his questions answered or top go more in depth he can just pay the $125 and see the company from the inside looking out.
The difference between Oz and an individual is he is making is opinion public. Do the research. Ask the questions. Go to the source.
Here’s the thing. the HGI business model is top help a person per their Financial Needs Analysis. Once they provide solutions and the client gets a first hand view what the company does it just a case of if the client would like to make some extra income or make a career change doing the same thing. Helping people.
If there were some big scam people would see it. They wouldn’t go forward with the recommendations. People have the opportunity to ask any question or get any information they need or want before they pay the $125 fee.
Let me ask this. People take jobs everyday. How many jobs which don’t require a fee offer the individual the opportunity to generate basically an unlimited income? Granted HGI isn’t a job but it’s an opportunity.
Is it for everyone? No it isn’t. Can most people try? Yes within guidelines per regulators of course. If anyone has any reservations just don’t do it. Yes it’s that simple. Just say no.
As for HGI changing their policy something I have learned over the years about message board debates. Companies have a right to do business as they see fit. We can take it or leave it. If there is an issue then the regulators at some point will step in.
So basically you’re saying in order to for the prospects to get basic info he had to either a) subject himself to a sales pitch by an HGI rep and/or b) pay the $125 and subject himself to sunk cost bias.
And we’re not even talking about asking for the service. We’re talking about JOINING THE COMPANY.
If you conflate the two, it is YOU who’s not reading properly.
And critics have the right to critique the business. It’s called FREE SPEECH. You can take it or leave it too.
Please don’t use the “if it’s illegal the regulators would have stepped in already” argument. It took them more than a decade to catch Madoff.
Critique something from an educated position. The normal process is help a client and then offer the opportunity. If the client says no the $125 isn’t an issue.
You keep saying information is hidden but don’t want to go to the source? The suggestion of the $125 was if he was so intent on being some internet investigating reporter why not go in and do the research fist hand?
If the options of speaking with someone directly or going in and see for himself are rejected then there’s basically nothing else to be said. What more does he want?
I’m sure the viewing public has taken notice of these exchanges. Nothing to hide on the HGI side but not wanting to seek the truth on the critique side.
All I’m saying is for an interested party to get basic information about HGI is to talk with a rep.. As for an this investigating internet message reporter dig in. Speak with a rep., the home office or join and expose.
If he isn’t willing to seek the truth then let it go. Also if you knew anything about the true HGI mission you wouldn’t call sitting down with a rep a sales pitch.
The truth shall set you free. Seek it.
Because, in principle, an MLM company charging $125 for basic due diligence is a disgrace.
Rather than support a disgraceful business practice, I’ll just call it out for what it is. Totally not worth my or anybody else’s time paying Hegemon Group International any money for basic due-diligence information.
Putting basic due diligence information behind a paywall certainly qualifies as hiding information.
I recommend the public stay well away from any MLM opportunity that engages in the practice.
Do normal people pay $125 just to see if a company’s worth joining?
Due diligence is CONFIRMING whether information is true or not. Going to the source does not confirm it’s true, merely it’s authentic (i.e. not distorted). Seems you can’t differentiate between the two.
(Wonder if there’s any NDA clauses buried in HGI’s signup agreement?)
I’m not saying any information is hidden. That’s what you believe and what your saying.
I suggest people do their own research and if interested give HGI a consideration. I did my own research and personally found HGI to be a great opportunity.
If basic due-diligence information isn’t available to the public on the Hegemon International website, it’s hidden. Belief has nothing to do with it.
They would, if it didn’t cost $125. Nobody has time for scummy business practices.
Sure you did, as you berated others for not wanting to pay $125 for it. Quoting you:
That means you ACCEPTED that it costs $125 to get the info directly from the company.
Thanks for demonstration of your waffling.
When I say go to the source I mean call the home office in Georgia. Most people today have free long distance. As for the $125 think of it like this.
A person complains about a job making burgers but know nothing about the burger joint. Why not just get a job making burgers to get the real deal first hand rather than assuming? Yea I know paying $125 for that job right?
Why do I have to call the home office in Georgia to get basic due-diligence information about an MLM company?
If a company fails to be upfront and offer full disclosure of their business model and other basic due-diligence information to the public, that’s a failure on their part.
It’s a fee to access basic due-diligence information that is otherwise intentionally hidden from the public.
It’s a scummy business practice and there’s no excuse for it.
Sure, sure, I can hear doppler effect from the fast and furious backpedaling.
1) The complaint is about pay $125 for info that should have been free, and 2) So far all you complained about is why would any one NOT pay the $125, fundamentally missing the point of 1).
Since you’re so fond of burger joints, it’d be like calling up BK HQ for nutritional facts on a whopper instead of having it posted at the restaurant’s wall… along with the actual menu and prices. You’re basically bitching why WOULDN’T any one pay for a burger to find out about the nutritional facts or call BK HQ for such.
You’re just fundamentally missing the question… perhaps deliberately.
Let me say this. Once the $125 is paid the person will have access to proprietary information. Such as training and carrier information.
Once again. All a person has to do is sit down or speak to a HGI associate or if they want to go to the source they can call the home office and get questions answered.
That’s it. If a person feels they are being misled or not given adequate information or answers there’s the option of to just keep it moving and find another opportunity. Yes it’s that simple.
Basic due-diligence information about an MLM company isn’t proprietory.
Again there’s a failure on the part of Hegemon Group to not separate this information.
Again, why not release *some* partial info so people can base their decision on rather than rely on BLIND FAITH in that they will not have wasted that $125? Look up “IKEA effect” and “sunk cost fallacy”.
Blind faith? Do you understand HGI in in a regulated industry? I’m done. You have no clue about what your speaking about and have no interest in seeking out information.
Partial information? Yea ok.
lol. you were done awhile ago when you couldn’t suck any money out of any marks here. after that, you just stuck around to continue making an ass of yourself.
Please scroll back and take notice where I mentioned I am not associated with HGI. I just did my own personal research. To that note as I’m not an associate with the company how would it be possible for me to suck any money out of any marks?
Your suggesting people stay away from a business opportunity without willing to do the research. I’ve suggested you speak with a HGI associate. I suggested you contact the home office. I even suggested if you feel there’s some deep scam going on to just join and expose. The readers can see you don’t want to do any of the suggestions.
Sure I know your going to come back with something saying HGI is trying to hide something and why you won’t even sit with an associate but when you put yourself out to be an expert or the well informed you should be informed.
To me your more interested to be perceived as being right rather than doing what’s right. Your playing with hope and sometimes that’s all people have. Big consideration which I myself don’t take lightly. Have a good life and I wish you the best.
HGI will move on with or without either one of us. That’s the bottom line.
no need. the only reason to defend a scam as vehemently as you are is you have to be involved. end of story.
Did you research MLM?
I think we’ve exhausted this topic.
Hegemon Group are engaged in scummy business practices by charging $125 for basic due-diligence information. You’re trying to make excuses for them.
The end.
Wait a minute here. Putting the entire SEC debate aside as I am not qualified to argue it what I can argue is the most egregious statement here by “Get a Clue” which is written in the same tone and style as “Stacy Ridings” and I would suspect are the same.
In these comments the writer is clearly stating the training rep is earning commission while an unlicensed agent. This is illegal.
You can not earn a commission on an insurance product that you are not licensed to sell the day it was sold and signed for. There is noprovision under any state or federal law that allows a newly licensed agent to look back at business written or referred and get paid a percentage of those sales they referred in any form.
The agent of record, the licensed agent, who signed the business could in fact change the agent of record to this newly licensed agent giving them the present and future commissions of this sale. They can not pay them in retrospect while agent was not licensed.
I did check and they currently do not transfer the agent of record on this business. I would encourage any new agent to seek a license first before permanently giving away their natural market.
A new agents earning potential greatly relies upon their natural market and these up front commissions on life are either one time (larger amount) or there are residuals they are giving up on that could be significant and not easily replaceable.
Get a Clue/Stacy Ridings Clearly writes:
This is clearly admitting commission percentage based on the premium sold BEFORE AGENT WAS LICENSED. BIG RED FLAG OF LAWS BEING BROKEN! Wake up! Run! Run fast.
Any legitimate broker will train you to protect themselves from being associated with an agent who breaks the law. Here is the law in Georgia where HGI resides: most relevant is 3(b) (c) and (d).
>>So it’s a pass up plan? The issue is that none of this is adequately explained in the HGI compensation plan documentation.
Conduct here is at the very least borderline and is being conducted with the least amount of ethical conduct.
FYI New agents – you can get 50% or better commission elsewhere without the suspicion of wrong doing. Consider also that the broker here is not getting 80% but closer to 105% of Life Insurance commission or target premium on a variable product. So HGI is earning from 50 to 55% of your commission minimum and youboay your own expenses, are not provided an office or ongoing training or compliance.
Compliance keeps you from saying or doing something illegal or questionable like “Get a Clie and “Stacy Ridings.”
HGI offers only three training sessions in the field? Really? Anyone who knows insurance sales knows more regulation and compliance governance is required.
Will watch for the next headlines wherein HUBERT Humphrey gets shut down for more illegal practices. Check him out on brokercheck.com
They are total scammers and cheats. Do not join this Mormon outfit.
Humphreys are not licensed. They target women.
I was approached by HGI financial adviser recently. The products explained sounded genuine.
I don’t want to join them, but only wish to buy their product. Is there an issue with that? Is this a scam?
If you’re justing buying the product as a retail customer (not signing any affiliate forms), I don’t see what the issue is.
Out of curiosity what is the product?
AIG’s Quality of Life (QoL) product.
How does it improve the quality of your life?
Hey OZ. I got approached to sell their products. One of the main things they sell is a IUL (indexed universal Life insurance).
I looked into the pros and cons and youre better off investing in a 401K-IRA because of the fees, and the fine print could suggest that if the market does poorly your premiums can fluctuate.
Their other products, such as a company that will help you restructure your credit card debt, a merchant processing company, land and gas investments seem legit.
My meeting lasted 2 hours and the compensation structure is as follows:
You get recruited. Pay 125. Get trained to sell said products through on going seminars etc. But the more people you recurit the more % of the policy you get.
So when you sell a policy, 90% goes to HGI and 10% goes to your team or some stuff i cant remember it was kind of confusing.
Pretty much though you get 30% as a recruit. But as you progress and sell more you go to 45% and then like 70% of what the team is getting. And the more people you have under you the more you make.
He sold it as “leveraging” his team.
I almost joined but read on the pros and cons of IULs and saw only high net worth individuals benefit from it and really only as a tax shelter, but insurance trusts have done the same job for year.
If the market turns on you, it can turn sour real quick and just isnt right for the average joe saving for retirement.
Let me know what you think.
Was there a retail component or is it just pay a fee and recruit others affiliates who do the same?
Oz,
What do you mean? Maybe im not following. As i understand it. You can do it yourself the whole time. Dont HAVE to recruit anyone.
Pretty much do your own thing and earn the 30% and 45%. You do also have to get licensed to the upper levels of the company where the real money is made.
They sell it as having your own business where you set your own hours. The guy recruiting me works a full time job and does it on the side. He showed me what he has made, which was about 20-30K in 6 months.
He said its a great way to supplement your income, but some quit their job once they start making good money.
Also, once you make sell 100K in a span of 2 months or something, you get promoted to the reginiol marketing director or something, who gets a bigger piece of the commision, plus residuals of all his team members.
Who are you primarily earning 30% and 45% on though?
People who “join the business” or actual retail customers?
If the “real money” is primarily being made on recruitment of affiliates who pay a fee, you know what that is.
Retail customers. When you go out and sell a policy, you earn those percentages on those policies. And the actual % depends on your position in the company, i,e, new recruit v. marketing director.
I dont think it is a MLM. Because the business model does not rely on recruiting, just selling more product. Although my only hold up is the IULs are not as good as they advertise. But the real money can be made sitting on your ass if you have enough people under you.
Yeah that’s not what defines an MLM company.
So why would retail customers be buying them then?
Forget what’s theoretically possible with retail customers. Evaluate the retail viability of the offered services on their own merit and ask yourself, “Would I buy this without the attached income opportunity?”
I honestly think that they are only advertising the good parts of the IUL, as in exposure to the stock market while guaranteeing no loss of principal. But they also cap the return.
Bottom line, its good to sell to people that dont do their research before buying the policies.
The thing is though this product is fairly new and trendy so there has been a huge surge in everyday people buying them. It could be a fad.
The better salesperson you are the better haha. But thats with alot of products.
Sell to less knowledgeable people. Sell it as the best thing on the market and down play the risks with rosy projections of the future prospect of the market.
Also they say you get the cash value as well proportional to your payments. But the proportion is also important. Turns out because of fees etc your policy may not even accumulate a cash value for years.
Deceiving retail customers isn’t a sustainable business model. But you already knew that.
Bottom line is that it is the gray area. Not exactly deceiving, but like a car salesman, just trying to get the sale.
Also the land and gas investments are another thing. They are selling them as things high net worth individuals can invest in and get a 85% tax write off.
I just dont know enough about it to know if its a scam. I think it would help alot of people out if you took a meeting with a rep and told us your thoughts straight from the source. Im holding off on paying my 125 for now.
Nah. Dressing up a shit sandwich as steak and targeting retail customers who have done zero research = deception.
If the public can’t work out what is being marketed or sold from an MLM company’s website, the safe assumption is they’re doing something they shouldn’t be.
haha ok. Thanks for replying. I plan on confronting the guy trying to recruit me with questions I have. He genuinely seems like a nice guy so hard to imagine he is like that but you never know. Im turned off at the idea of selling my friends and family on a product I dont fully believe in so I will continue my research.
Have a good one.
Were you looking for a business opportunity or investment service? I.e. How did you actually get into contact with this guy?
Did he lead with the business opportunity or product?
I work at this insurance agency part time cold calling. A girl who has been a agent told me she got recruited by this guy and so I took the meeting.
Im a full time student getting my masters looking for additional income. He told me to come in. He sat me down and explained to me what the current problem with retirement planning is.
Then after asking questions he was going to answer for me (im getting my masters in finance) he kept telling me how my professors dont know anything and that this is not common knowledge. (he is IT background)
The girl told me if she recruits me she gets the benefit which i can see, that didnt bother me.
She told me I could make money on the side selling these products they offer. He called me and gave me his pitch, (which was pretty good).
I guess he presented it as a business opportunity, like a entrepreneur thing. My own business etc. He didnt want to sell me the product.
But the opportunity to sell the product under his team and make some good money part timeWants me to get my general license. I know jack about insurance though haha.
So you were pitched the business opportunity. The product/service was secondary.
And so if you join, like those who recruited you, you’ll earn money recruiting new affiliates – not retail customers.
In MLM if a company is primarily generating revenue on affiliate recruitment over retail sales (what is theoretically possible is neither here nor there), it’s operating as a pyramid scheme.
Come on mate, how many red flags do you need?
Yes your right. My only thing is that no money is earned unless retail sales are generated.
And as far as the pitch goes, i think it was structured that way to sell you. Like present a problem and then present a solution.
I understand what you mean though. If i wasnt sketched out I wouldnt be on here.
Um…
Recruiting affiliates and getting paid != retail sales.
You said it yourself, the guy trying to recruit you “didnt want to sell me the product.”
I mean selling the insurance and other products. No money is given for recruiting. Except they get a percentage of your sales.
Attaching a product or service to affiliate recruitment is still getting paid to recruit affiliates.
Unless you’re selling a service/product to retail customers (non-affiliates), you’re getting paid to recruit (ref: FTC vs. Vemma, Herbalife).
Maybe, but sure as shit you will get paid a commission if your recruit buys a policy.
And recruits often buy after receiving their complimentary FNA, to prove their loyalty or willingness to be “coachable” and follow the “winning system” or to “test drive” the product.
Hello folks. I am an HGI associate and know quite a bit about the company but not everything. I owned a 202 agent real estate company which I sold (saw the future of real estate and did not like where it was going). I also had a mortgage brokerage but lost my business in 2008 mortgage crisis.
I have read this thread and found it interesting. HGI is a hybrid between a brokerage and a mlm but more of a brokerage in finial services. Someone who knows everything about the company introduced me to the company so if I don’t know the answer I’ll do my best to get the answer.
As a previous broker / owner I understand how the structure of HGI could seem like an mlm but it’s really no more than a brokerage on steroids one might say. Traditional real estate companies have brokers and agents.
The nice thing about being a broker was that I earned the override between what I paid agents (say 60%) and my broker / owner 100% or 40% override. Same thing with my mortgage business.
What makes it more like an mlm is the “on steroids”. If the agent I recruited into my business and gave a 60% contract recruited another agent who I gave a 50% contract, the agent I recruited would get a10% override.
This was not how the business was first set up but about 30+ years ago a company called Keller Williams presented this concept to top selling agents as a way to retain high earners and keep them from hanging out their own shingle.
The part of HGI that teeters on the mlm structure is that the override goes on indefinitely. No other brokerage business I know of gives an infinity override. There may be but I’m not aware of one. There are a couple of things that make it less like an mlm and more of a brokerage.
No money whatsoever is made off recruiting .
No sales or recruiting minimums required to keep contract level.
No recurring monthly or annual fees.
I would like to stop here and get some feedback or answer any questions. I look forward to hearing from you soon.
No Hegemon Group is definitely an MLM opportunity. No need to come up with marketing terms to hide the fact.
Internal consumption? Riiiiiiiiiiiiiiiight.
Let me ask you this?
1. If a recruit were too happen to purchase a policy, or take out an investment……would you receive commission/compensation??
2. Is your contract level at least partially influenced by the number of recruits or downlines you have? Does your commission level increase as your team size increases?
3. Is your position/rank/title influenced by team size or number recruited?
4. Are there internal contests/leader boards which include new recruit numbers?
If you answered yes, or even maybe, to any of those questions, then yes, you are making money off recruiting, whether it is direct or not.
Just got an offer from one of these bafoons. They wanted me to sit in an hour pitch and asked me to eventually give them 125 bucks. That lead me here.
I already reported the company to the FTC and I’m giving my local state attorneys office a call (I live in Georgia). I’m going to take a lot of this information here and offer it to them.
For anyone wondering, YES this is a scam, no matter how recruiters want to pitch it or make excuses for it. I don’t want anyone else to fall victim to it.
Good luck with the FTC, however, they’ve already warned people about the MLM industry and have placed the responsibility on the public to make the determination as to whether an offer is valid or not.
It’s up to the public to research any offers before joining.
Note: Googling an MLM’s website does not constitute research.
1. Why is it that more than 80% of the agents are from Atlanta and Dallas?
2. Why is it that more than 80% of them have an IT background and almost no one with finance or insurance experience?
3. Why is it that most of them are from Andhra Pradesh state of India?
4. These guys are invading people’s retirement accounts and are ruining many lives
5. This is a SCAM – Run away from these people!
heroes.hgicrusade.net/files/basic-html/page1.html
RD- just curious on where you’re getting those figures and facts from?
Actually if you have non-government site links, don’t post them online. MLMs are famous for patrolling sites like this to seek out sources of info leaks that they can shut down.
Oftentimes, an over-zealous rep will post a document, or an upline on an ego trip will post some figures….. both of which are easily shut down by a note from corporate office.
Looks like this discussion has been going on a long time with nothing resolved.
I want to know what constitutes a scam in your mind?
It seems that you don’t understand HGI very well, you make a lot of accusations, ect.
Have you talked with anyone at HGI corporate directly to get your questions answered?
Are you a licensed financial service professional?
Thank you
I know Hegemon Group does a terrible job of explaining its MLM opportunity to consumers.
I also know you couldn’t contribute anything constructive to the conversation. Which is typical of anyone in Hegemon Group.
We can’t resolve Hegemon Group’s MLM opportunity for them, they have to do it themselves.
The general public aren’t going to go HGI corporate. Whether they are financial service professionals is also neither here nor there.
Wow- ask a few question and get a lot of attitude.
Financial service professionals are licensed and accountable to state and federal regulations. They have very specific guidelines as to what can be said and not said.
The insurance and annuity industry is a heavily regulated industry and any complaints can be made to the commissioner of insurance and are taken very seriously.
MLM is a highly unregulated industry and non-licensed. They can basically say whatever they want. I think that goes way beyond here and there.
I would think someone giving information would do some research. A simple phone call would answer a lot of questions.
Hopefully your readers can see that if they want objective, unbiased, and informed reviews they need to go elsewhere where people identify themselves and are accountable.
A lot more could be said but it seems that all you offer on this site is your opinion. You can say what you want because you have no accountability.
I won’t be back here because this site and your opinion and attitude are not worth my time.
Yeah, that’s a crock of shit.
MLM is highly regulated, albeit not as actively as it should be. MLM companies who “say whatever they want” may find themselves in the crosshairs of the FTC.
I shouldn’t have to call up an MLM company and hear a sales pitch to get basic information.
The onus is on Hegemon Group to provide consumers information on their website. The failure to do so rests on the company.
Not interested in opinions (such as MLM = no regulation), only facts.
The fact of the matter is Hegemon Group does a terrible job of providing consumers about its MLM opportunity on its website.
That’s fine. Your customers and potential recruits will be.
Actually, Mark is correct in that, tho the FTC is ultimately responsible for the MLM industry, they have chosen to allow the industry to self-regulate, except in extreme situations.
That said, they have a perfect 29-0 record against the MLMs they’ve investigated to date, with Advocare, Nerium and Herbalife being the latest cases.
When the FTC proposed “The Business Opportunity Rule” and a desire to include MLMs under its control, the MLM industry fought tooth and nail to be exempt.
They were successful and therefore are not subject to the full disclosure rules that apply to other home-based businesses and franchises. They also are not required to offer a “cooling off period” whereby a new recruit can cancel and receive their upfront fee returned.
For now, the FTC mentions the possible existence of pyramid schemes operating in the MLM industry, along with the warning signs to watch for.
They also suggest its up to the consumer/recruit to perform their own investigation and to make their own determination. Essentially, let the buyer beware.
No, they very much haven’t. Just ask Herbalife, Vemma, Nerium, AdvoCare and more recently Success By Health.
The MLM industry is bound to the FTC Act, same as every other company in America.
Self regulation isn’t a thing. Either you’re breaking the law or you aren’t.
I don’t know whether I’d go so far as to explicitly categorize failing to provide consumers with information as violations of the FTC Act, but it nonetheless paints an MLM company in a poor light.
There’s no excuse for it, period.
Oz, your opinion is in complete disregard to the FTC’s own website. If I had to choose between your opinion and the website of a Federal Regulator, I would defer to their website, which states, under paragraph 15, the following;
“The FTC has long supported industry self-regulation” and,
“Under appropriate circumstances, the FTC can and will bring law enforcement actions against companies that claim to follow self-regulatory guidelines but in practice do not.”
Based on the confidence level of your claims, while at the same time, obviously being so misinformed, would lead me to the conclusion that you are shilling, and attempting to confuse readers.
If, after visiting the following link, you continue to mislead, you would be guilty of making fraudulent statements. The website leaves no room for personal interpretation. I suggest you tread lightly.
ftc.gov/tips-advice/business-center/guidance/business-guidance-concerning-multi-level-marketing
Self-regulation doesn’t exist, as presented by Mark as an alternative to actual regulation.
Seeing as you’re intent on being disingenious, I’ll again quote what from Mark what I was specifically replying to:
The FTC, as quoted by you, are simply stating they support MLM companies not breaking the law.
I suppose you can call that self-regulation (the FTC does), but it’s not what Mark put forth.
I self regulate every day by choosing not to rob a bank. Doesn’t really mean much, does it?
MLM companies are regulated by the FTC as per the FTC Act. Anyone claiming otherwise is full of crap.
Oz, the only reason Herbalife was investigated (Ozedit: because the FTC alleged they broke the law, derails removed)
Please don’t try to reinvent history, not interested – thanks.
Why the FTC sued Herbalife has already been covered in detail – https://behindmlm.com/mlm/regulation/herbalife-fined-200-million-by-ftc-will-also-restructure-business/
Rather than defend themselves, Herbalife settled. That’s what happened, keep your spin to yourself.
Hegemon Group do a terrible job of providing information to consumers on their website. Hegemon Group, like every MLM company, are also regulated by the FTC.
That isn’t a guarantee they aren’t breaking the law, as regulation is reactionary.
You can run a Ponzi scheme, register it with the SEC and be transparent about what you’re doing. They’ll still take time to investigate before shutting you down.
Anything further offtopic will be marked as spam.
Oz, the MLM industry is the equivalent of a police-less town, bragging about the fact nobody speeds.
The FTC does not investigate or oversee the MLM industry on a daily/weekly/monthly/annual basis.
They intervene, as stated, “Under appropriate circumstances” when an MLM “claims to follow self-regulatory guidelines but in practice do not.”
By “in practice”, the FTC means AFTER AN INVESTIGATION. And very few are investigated. Suffice it to say, they have a 29-0 record against the MLMs they’ve investigated.
What do you think their record would be if all MLMs were investigated?
No, it isn’t. Run a pyramid scheme and you’re breaking the law in violation of the FTC Act.
Regulation is reactionary and the FTC don’t make investigations public unless they file a complaint.
Claiming the FTC don’t regulate the MLM industry (or drawing a bizarre “policeless town” analogy) is false.
The FTC regulates the MLM industry 24/7/365. The FTC Act is not a time sensitive law that only applies some of the time.
Unless you work for the FTC, you have no idea how many MLM companies are under or have been under investigation.
Only when a complaint is filed do the FTC make details of an investigation public.
Please stop pretending to be an authority on FTC investigations.
Not interested in hypotheticals, just the facts. Thanks.
Because (Ozedit: spin removed.)
Not interested in spin, facts only thanks.
Herbalife agreed it wasn’t generating enough retail sales in the US and agreed to change their compensation plan accordingly.
This is on the public record and verifiable by anyone.
Anything further on Herbalife here will be marked as spam. We have plenty of FTC vs. Herbalife articles up if you wish to have your alternative facts destroyed elsewhere.
The terms “Regulation” and “Self-Regulation” are mutually exclusive. The FTC has chosen to allow the MLM industry to self-regulate.
It’s like the police saying “don’t speed” but at the same time, having no patrol cars on the road. Without policing, The FTC warns the consumer to make their own determination.
If, as you say, they regulate the industry, their would be no reason for consumers to perform their own investigation…the FTC would handle it.
consumer.ftc.gov/articles/0065-multi-level-marketing-businesses-and-pyramid-schemes
Nowhere in that link does the FTC recommend consumers perform their “own investigation”.
Consumers cannot perform the equivalent of an FTC regulatory investigation. They don’t have the resources or access.
What the FTC does suggest is consumers do their own research. Something Hegemon Group makes it difficult to do, by failing to provide basic opportunity information on their company website.
Consumers performing due-diligence on MLM companies and the FTC’s regulation of the MLM industry have nothing to do with each other.
Incorrect, for all publicly traded MLMs, who are required by the SEC to issue warnings to investors of any material facts which could impact profitability and share prices on the stock exchange.
Right. Just like the DOJ allows the public who don’t commit crimes to self-regulate (meaningless drivel).
Regardless of whether MLM companies do or don’t break the law (self-regulate), the FTC regulates the MLM industry as per the FTC Act.
Again, the assertion put forth by Mark was that the MLM industry was not regulated because companies self-regulated. You’ve taken my response to that and gone off on a tangent.
Which has nothing to do with the FTC making investigations public or not.
Getting a bit sick of this. Almost ready to spambin.
So….how effective is self-regulation? (Ozedit: No idea. Offtopic spam removed.)
In short Hegemon Group financial is a total scam. New people who join will actually fill pockets of people on top of them who actually recruited them.
They will motivate you to bring your family and friends. Once you make that mistake they will harass your friends until they buy something. You will end up losing your close friends.
Only people on top make money. If you even reach that far you will have to always recruit people and lure them of illusion of wealth. 80% of people under you will get demotivated so you will have to continue hiring.
They don’t focus on the actual product, they focus on recruiting because when you keep adding and recruiting people 10-15% will buy some products and some will introduce team leads to their relatives and friends.
The whole empire is to built to fill pockets of people on top of you. It is a total waste of time.
The will pressurize you to reveal your assets while doing financial analysis and make you feel that you will not have anything for retirement.
They scare you so you buy something from them. Don’t fall in this trap!!
HGI is pur MLM. They will try to lure by showing rosy picture.
After you pay the initial amount, you will realize that this is MLM and your main job is to recruit people and there by to feed team leads and above.
you have to call people tirelessly, explain for hours and recruit them and they need to buy some product. then only you will get some benefit. For this, you may need to spend hours of your efforts which may not be worthy enough.
They will add you to watsup group and conduct weekly meeting.. the main objective is recruit people rather than focus on products.
Well posting here in 2020 because got in contact with someone who was trying to get me into the training program by paying $199 upfront and then he told me takes about 1800 more to get certified and attend some conference or something.
Would not go in detail as to what exactly the products and business are. Seems total MLM and wastage of time.
He was really more interested in recruiting me rather than selling me anything… heck he did not even know what products they have to sell.
One of the known people contacted me after many years and paid $199 as Business Opportunity and proposal.
He doesn’t know the real product to sell and explaining some sort of insurance and tax benefits comparing 401k/pension/IRAs, etc and didn’t show any real product at all. Lots of talk and presentations.
I heard this kind of technique since the 1990’s in some form of MLM or pyramid mixed scheme every time will be the same and no difference if you look closely.
Do your own research and decide and ask more questions before going to make any decisions.