Founded in 1980, Herbalife is a global nutrition, weight loss and skin care company. When you think of network marketing, Herbalife is probably one of the companies that comes to mind. Even for people who are not in the industry, you will find that the Herbalife name is well known. I wrote this Herbalife Review to help you make an informed decision about the company, and to show you how they became such a success. If you are looking at this company as a potential business opportunity, or you’re already a part of Herbalife, you will want to continue reading.
Since this company was started in 1980 it has become one of the largest MLM companies Distributing their products in 73 countries and with a network of 2.1 distributors you can see why they are so popular. You would have a hard time finding a place that they don’t have product or a distributor. Chances are you’ve either purchased a product or known a rep from this company.
Herbalife is a true success story from the very beginning Starting this company out of the trunk of his car, Mark Hughes created one of the largest network marketing companies still around today. Through the power of network marketing the company reached 2 million dollars in sales in only 2 years and expanded to Canada. In 1996 the company began trading on the public market and was able to reach 1 BILLION dollars in sales! That is INSANE growth Unfortunately for owner Mark Hughes this success was short lived. Mr Hughes died at the age of 44 due to an accidental overdose and in 2002 the company was acquired by Whitney and Co LLC.
Since Herbalife is a network marketing company, that means that it’s distributors not only make money from their sales, but they also benefit from the sales and growth of their personal team! MLM companies have always had their critics and Herbalife is no different. They have had their share of legal issues but have never had to do anything but settle for large sums of money.
A soy based protein shake, the Formula 1, was one of the companies first products and is number 1 to this day. Although this is number one, there are plenty of other products to sell. Some of the include: protein shakes, protein snacks, nutrition, energy and fitness supplements and personal care products. A lot of their products are produced by third party companies, but they do have a manufacturing facility in China and Lake Forest, California.
Herbalife has been around for a long time, they have long history of success, and with 2.1 million distributors around the world you can’t go wrong. Being in 73 countries really allows you to sell this stuff EVERYWHERE. On the same token, with 2.1 million reps, you may have a hard time selling Herbalife product because there are so many reps.
Becoming an Herbalife distributor you will have to work hard, but there is great potential for wealth, but it’s certainly not going to be given to you. You will have to work hard, but if you do success will follow. You need to learn how to build your business, and the fastest way to do that is using a combination of the internet and offline marketing strategies.
The question I have for you is: How does Herbalife help you build your business? The answer is… It doesn’t. Since you are an independent distributor, it’s up to you. You have to get yourself out there and try and sell the product and attract new reps to your business. Herbalife isn’t going to do it for you! You need to know how to brand yourself as a leader and build a list of prospects using the internet. If you aren’t making thousands of dollars per month with your network marketing company, you need to learn how.You need to connect with someone who can show you how to use a marketing system to generate leads and cashflow on autopilot.
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