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Has anyone heard of WorldVentures?
It has been sweeping my area like crazy recently. A bunch of 19-24 year-old people I know have been signing up, thinking they are going to make a bunch of money selling memberships that give members access to "discounted vacations."
My friend went to a seminar last night and signed up--even though we were making fun of it hours earlier at the gym. He has a meeting set up to "learn how to sell," with some guy who supposedly paid off his student loans by selling these memberships. I think I might go with to see what this guy has to say. From what I know, new members must pay a one-time fee of $150, as well as monthly fees (don't know the figure on those). BUT, if you sign up 4 new members, you will get your $150 back AND your monthly fees will DISAPPEAR!! (sarcasm)
Attached below is the company's website, which conveniently leaves out their membership costs/fees, as well as their great travel deals.
Color me skeptical. What do you guys think?
WorldVentures is a lifestyle company that markets travel-related products with the power of the internet and word-of-mouth marketing to emerge as a leader in the leisure travel industry
The serenity to accept the things I cannot change, The courage to change the things I can, And the wisdom to know the difference.
Multi Level Marketing where the newest guys make the dough and the "johnny come lately's" pay the guys up the line. Great for those that started it!
This post was edited by Metrobank 23 months ago
I actually like Cutco knives though.
That is the very definition of the multi-level marketing business model. If you have no problem peddling a crap product to your friends and family it certainly is a way to make some quick cash.
I'm not necessarily against it, my girlfriend is the director of promotions for one of the nation's largest MLMs and they treat her very well to say the least, but I could not do it myself.
Sounds like YTB Travel Network.
The guys that started that one are in jail now.
I would stick to gambling. At least you can have fun with your friends without having to sell them on being an associate.
See Amway, Mona Vie, ACN, Primerica, and 4,067,411 different kinds of juice, etc.
"...an economy hampered by restrictive tax rates will never produce enough jobs or enough profits" JFK
We'd love to help set the record straight if that's alright?
WorldVentures is a network marketing company, often called MLM, and we're based in Dallas, TX. We employ a very similar business model to those companies pointed out by 901Club, chrisrash, & sec13graphics.
To be clear though, a network marketing company is not the same as a "pyramid scheme." A pyramid scheme (also called a Ponzi Scheme), is when a company uses money paid in by new "investors" in order to pay out "dividends/returns/profits" to those who "invested" earlier in the scheme. It's what Bernie Madoff went to jail for. In the direct selling industry, it usually means a company that pays for recruiting new Reps and has no retail products, or offers flimsy "products" with no real value.
WorldVentures, on the other hand, does not pay any commissions whatsoever for recruiting new Reps. We only pay commissions for the sales of new products (our DreamTrips Memberships). And, while you might have some advantage for getting in early the same way you would in any industry where you were one of the first to bring a new product to market, it's entirely possible to out-earn those "above" you, and compensation is not dependent in any way on "getting in first".
Here's a video we love about the difference between network marketing and pyramid schemes: http://youtu.be/zZiw15VgWoI
We've been in business over 6 years, we're open in 21 countries, and we're committed to doing it the right way. We employ great legal counsel, and pride ourselves on complying with all federa, state, and local laws. It's certainly not for everyone, but it's definitely better than gambling (as sec13graphics suggested). : )
Let us know if you have any other questions!
I understand the difference between the two. I have been involved in a few myself.
My comment on the gambling was relating to another post by the OP where he asked about gambling.
Unfortunately, I have never seen an MLM that exists where you don't have to trade on your friends and family. AND where 99.9% of those that do... that is as far as they go with the business. And they eventually just become ex-associates and typically with a lot of excess inventory. The last thing I try and do is pitch my product/job/company at a social gathering. I just don't like it. And neither does most anyone else. Its uncomfortable! Yet that is exactly the approach that is taught as the primary angle in network marketing. Instead of finding people with a need for your product (conventional marketing) they find people and attempt to create a need (that most times isn't there).
I have also been in a pyramid scheme before though. I think it was in 1979-80 time frame. But it was real big in the news at the time. I did well on the first try as a friend and I combined $500 each to post the $1000 entry. We got to the top and each got the $16K. But we got greedy and entered a $5K entry and couple more $1K ones that never made it back to the top and the craze died. Its great for the first people in, much like network marketing. But not as good for those that follow.
I had forgotten about that. Really something seeing the mania first-hand.
Do you offer high quality jerseys by any chance?
Man this is creepy. First I jokingly tweet about this company and then they start tweeting me directly. Then I start this thread to see what you guys know/have heard about the company, because I know people signing up, and now they have an account and are posting?
Seems like it monitors the use of its name. Isn't technology great?
I don't know about this "tweet" stuff. Lucky for me a message board is as high-tech as I get. Off the grid, as Sarah Connor would say.
But the reply on the message board? So what? The more, the merrier. We are on a search for truth, so all posts welcome, that's my attitude.
Sounds like some big SCAM type deal .....and with this thinking. I typed in World Ventures and Scam...
and looks pretty shady...IDK..it's your money ..looks like a scam to me
STICK TO GAMBLING ..PUT ON DOWN ON THE TROJANS BABY !!!
This post has been edited 3 times, most recently by icky trojan 23 months ago
Feelings get hurt, best not to have any!
Yeah, I mean it's nice of them to come on here to answer questions, I guess, but it's not like I posted anything fictitious about the company. I linked to their page, so if people really cared they could research it that way. Maybe it's just me, but I feel like their "monitoring" of their name wouldn't be necessary if the company is as great as they'd like us to think.
Hmmm ..that's just their propaganda department hard at work ...
Holy Crap ...better arm yourself and protect yourself against their "secret police" ...they know all- they see everything..THEY COME IN THE NIGHT and DRINK YOUR BLOOD
C+ BBB rating...This Business is not BBB Accredited ...could be worse than C+ ..could be alot better, that's the skinny on them, ...I'm saying .... SCAM !
BBB's Business Review for WorldVentures Marketing, LLC, Business Reviews and Ratings for WorldVentures Marketing, LLC in Plano, TX.
It actually was kinda fun. Lots of subterfuge. LOL
When we got started we were just given a mall location. A bunch of cars with people in them just hanging out in the parking lot. Then a large RV or bus would drive up. It would have a sign on it with a key word (Turquoise). We had to have a password that the person that recruited us gave us. Then everyone loaded up and they drove us to house in West Covina. Then they did a presentation where they asked "if there are any law enforcement, IRS, government officials, yada, yada, yada...that they make themselves known". There were so many people there that we got our money back the same night as all the slots under our pyramid were filled. It took like 3 hours to do. As each person that "invested" had to go back in back room and give $500 to the person above them in the pyramid and $500 to the person at the top of the pyramid. So I went back and gave money and then went back later and got money from 2 people. My high school football coach was the guy getting his $16K the night I started. Within 2 meetings my pyramid split twice and we were at the top collecting money at the next meeting.
After we got our payout our old coach took us to a meeting that was a $5K buy-in. Christine Lund and OJ were at that meeting. They were buying multiple spots...but that is ultimately what kills it. It gets too heavy with the same people. No fresh investors. Then the media got ahold of it and it slowly died.
There were about a dozen coaches/teachers from my high school and few athletes that were able to make some nice cash on that craze. And a bunch more that lost!!
damn it beat me to it
We hung out with Ron Settles
Same thing happened on the BlueBoard, except it was Melaleuca. Within a matter of hours there were a whole bunch of newly registered posters making their first post about how awesome Melaleuca was. I should start a thread about my girl's company, see if the same thing happens.
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