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Herbalife Review
Apr
14

Herbalife

Herbalife International

Summary:

Herbalife is a health and wellness company founded by Mark Hughes in 1980. Herbalife is one of a handful of companies that is traded on a major stock exchange. The company has a presence in over 80 countries and has a global network of over 2 million reps, known as Herbalife Independent Distributors.

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Founders and Key Members:

Mark Hughes founded Herbalife out of the trunk of his car in 1980. Current CEO is Michael O. Johnson, who is a former Disney executive. Because of the longevity of this company and the fact that they do over one billion USD in sales annually, it’s not hard to see that there are a lot of “Herbalife Millionaires”.

Compensation Plan Highlights:

Herbalife, like many other older, established MLM’s uses a “stairstep breakaway” compensation plan.  These plans can be slightly confusing for new reps, and you need to make sure you understand exactly how the plan works if you’re going to build this into a full-time business.

Here’s my Herbalife Company Review

Sources of Leads:

Since Herbalife was slow to build corporate websites for their members, you’ll see a lot of independent companies like The Herbal Nutrition Network that provide tools and services to Herbalife. These smaller companies are known to funnel local leads to distributors, so you should investigate them if you are looking for local leads. You can also generate leads using a front-end funded proposal such as MLM Rock Stars for Herbalife.

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