Do you want to quit your job, be your own boss and work from home? Is Be The Boss Network a Scam?
Check out my review and discover the truth about this multi-level marketing directory.
If you want to know the strategy I use to earn $1k/mo (and growing) check out my #1 recommendation review.
Be The Boss Network Review
- Product Name: Be the Boss Network (BTB)
- Website: www.bethebossnetwork.com
- Business Type: Multi-level Marketing (MLM)
- Price: Free
- [yasr_overall_rating size=”medium”] 2.5 out of 10
What is Be The Boss Network?
BTB is nothing more than a directory or a selection of companies offering MLM opportunities.
Their job is to connect people with these enterprises and convince you that their selection is reliable.
How Does it Work?
As I said, Be The Boss Network is a website that provides a list of network marketing companies.
If you decide MLM is the way to go, then you can go to the directory and choose from around 42 companies. Some are well-established companies, such as Avon, Herbalife, and Watkins.
When you select a company, a brief description will be provided, together with start-up costs and a comparison graph.
Then, you should go to the official website and apply to become a representative.
The important question is not how BTB works, but how does a multi-level marketing company work. That’s what I am going to cover next.
What is an MLM?
MLM is a type of direct selling where the salesperson is responsible for selling the products directly to the customers without having a fixed retail location. Besides, the person is also encouraged to find additional recruits.
By recruiting other marketers (who can also recruit others and so on), the representative also earns a compensation from the selling efforts of all the participants down the line.
Most companies will require you to buy their products before becoming a representative.
Is it a pyramid scheme?
MLM has been widely criticized because of its similarities with pyramid schemes, which are illegal.
The big difference is that in the pyramid scheme, there is no product involved and the profit comes solely from the enrolment fees of the members. It a completely unsustainable!
Representatives usually struggle to sell the product and make life-changing profits. That’s when they start recruiting new distributors in hopes of earning commissions.
Why do people struggle to sell?
Because the products are usually overpriced.
Another important factor is the market saturation. A system where the priority is on recruiting new sellers rather than selling products can have a short life. There will be too many sellers for too little potential buyers.
The products are expensive because of the compensation structure necessary to get more people into the system. In order to justify the expensive price, they are often promoted as miracles for the problem they are supposed to solve.
The promise of work from home and financial independence is what makes people join.
However, only those at the top levels earn significant and consistent income. The majority probably work for less than the minimum wage.
These are two statements by Roland Whitsell, a former business professor that dedicated 40 years researching MLM organizations:
It is very hard to find someone earning over $1.50 an hour.
The primary product is opportunity. The strongest, most powerful motivational force is false hope.
Here are some official data provided by some MLM companies:
The Herbalife case
Herbalife sells nutrition supplements.
Check out the Herbalife’s Statement of Annual Gross Compensation (2011).
From their statement you can see the following average earnings:
- 0.6% (president’s Team ) = $ 515,689
- 1.7% (millionaire team level) = $ 100,195
- 6.5% (GET level) = $22,766
- 7.3% ( world team level) = $6,22,7
- 83.9% (supervisor level) = $901
Well, the numbers speak for themselves! The large majority of Herbalife employees cannot make a living out of it. But that is expected as most people just put in the time and effort required to earn a side cash.
The Organogold case
Organogold sells coffee infused with a Chinese herb called Ganoderma, which has been investigated for some therapeutic benefits.
You have to purchase a business entry kit, priced at $49.95 to get access to wholesale products and be a distributor.
At the bottom of the page they give you a piece of relevant information:
Knowing that a typical participant earns up to $599 per year is very discouraging!
Tools and Training
BTB don’t offer any training or tools. In fact, it couldn’t even be bothered to give a simple explanation of what an MLM is.
BTB directory is free. After all, they don’t provide any service apart from connecting people with the companies.
However, you will have to pay each company to join, either by an entrance fee or by the purchase of related products.
My Final Opinion – Is Be The Boss Network a Scam?
Be The Boss Network is simply a website displaying multi-level marketing companies. So, it is not a scam.
However, it’s tough to prosper as an MLM representative because of all the factors I mentioned in this review.
Verdict: Not Recommended
Create a Profitable Home-Based Business
If you want to create a long-lasting business from home, I highly recommend you build a website and promote products as an affiliate marketer.
It is easy to understand how it works and why it is so much better than MLM.
As an affiliate marketer, you will promote other people’s product on your site. Then, every time someone clicks on your links and make a purchase through the retailer’s website, you will earn a commission. It’s that simple!
Why is Affiliate Marketing so much better than MLM?
- There is no direct selling, and you don’t need to recruit/annoy anyone
- You can promote any product that you truly believe in
- The commission structure is very simple
- Affiliate programs are free to join
- You can reach people all over the world and 24/7
- Unlimited income potential
As I always mention in my reviews, it ‘s hard to dive into internet marketing without proper training and support.
Check out my #1 recommendation for the best platform learn affiliate marketing and build a profitable online business.
Thank you for reading this article!