Are Travel MLMs Scams? ~ A WorldVentures Review…Is It The Best MLM?
Written by Matthew Bousum on August 2nd, 2010I have studied many Network Marketing companies and I have found something very interesting. The first thing I wanted to find out is: Are travel MLMs scams? My first impression was yes they were, but if experience has taught me anything it is things are not always what they appear to be in this industry. My other experiences with Network Marketing companies had conditioned me to believe that there has to be a physical product that a potential customer can hold, taste or even smell. As I dug, I found that if there is an actual travel product then it could produce something to hold, taste and smell. So, providing it’s legitimacy, a travel MLM would be very powerful indeed. They could be the best network marketing companies. The more I dug the more I started seeing one company more than others, WorldVentures. Let me tell you what I found.
Like I said I kept coming across it and I decided to put it to the test. I ask these questions of all MLMs to decide if they are worth my effort. How old is the company? Is it a US company? Have they expanded internationally? Are they in debt? What have they earned in revenue? There are more questions you should ask but these are the most important.
Naturally I put these questions to WorldVentures. Crazy thing is, I couldn’t find anything negative about them. Every question I asked had a positive answer…and here they are. The company is 4 and a half years old. Which is a perfect age. Young enough to have fun (make money) but old enough to know what their doing (longevity). They operate out of Plano, Tx. Which is about as American as you can get. They also have expanded into 12 soon to be 14 other countries. Which is a good start to being a global company. Since their founding they have generated over 300 million dollars in revenue. Which a very robust number for such a young company. See what I mean. No negatives.
I also found that in 2010 World Ventures was named one of Direct Selling News’ “Global 100″, the 100 largest Direct Sales Companies Worldwide. In business all of these things are called clues.
Then I decided to look into the Executive Team. I was astounded. The founders and the Chief Marketing and Technology Officer are very well known in the network marketing community. Mike Azcue, and Wayne Nugent have built massive teams and down lines in their own right. Mike Azcue is now the CEO and Wayne Nugent is the Chief Visionary Officer. To top it all off the man in charge of marketing is none other than Dan Stammen who built a massive team in Pre-Paid Legal. He sold his business with them and then joined WorldVentures. To top it all off MLM training rock star Marc Accetta is their director of training. For those of you who don’t know who he is, he brought the only network marketing company ever to the number one spot on the Inc 500 list.
Another thing I thought it was important to ask was: Is there money to be made in a travel mlm? What I found was that over half of all MLMs are in the health and wellness industry, while there are only a very small handful of companies in the travel industry. What that means is, is that there are less companies fighting over the same piece of the pie. Crazy thing is, the travel industry is the largest in the world. So lets do the math. Largest Industry, plus less companies, equals more money for everybody.
The last little bit of investigating I did was on their two products. The first is a Travel web site called Rovia. It is performing very well in direct competition with the big boys (Expedia, Travelocity, etc.). The second product is a vacation club called DreamTrips. This is their flagship product. Their are to many details to get into, but it is safe to say that this product is the reason they are doing so well.
I am featuring this Best MLM in my MLM Spotlight at MattBousum.com. Be sure to stop by and find out what I saw for yourself.
To learn more about Matt Bousum and WorldVentures visit MattBousum.com to find out more about this MLM Opportunity This article, Are Travel MLMs Scams? ~ A WorldVentures Review…Is It The Best MLM? is available for free reprint.
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Tags: home based travel business, MLM, mlm opportunity, mlm review, travel, travel business, travel mlm, WorldVentures

