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Thread: World Financial Group

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    Default World Financial Group

    My friend is an associate working for WFG in Philly and he is desperately trying to recruit me. I googled their company and is an MLM scam. He told me how this pharmacist mom of 3 kids is working part time at WFG and it making $10k per month and there are people in his company making $100k every month. I met his coworker that used to serve in a restaurant with him. He barely speaks English and doesn't have a finance degree, high school drop out. Should I join?

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    Featured Member SuperJa's Avatar
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    Default Re: World Financial Group

    I have a coworker who works for these people as her day job.
    Idk what they make in reality but if they really average the numbers these recruiters claim would you still be sitting in the club at night in the summer?

    Side note- sometimes ethnic people kick ass in mlm companies because despite having poor English they sell back into their own communities and people there have an inherent trust of them i.e. one of us kinda thing.

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    Default Re: World Financial Group

    I just don't want to be in legal or financial trouble. I googled and it says SCAM.

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    Default Re: World Financial Group

    Most MLM's will say all over the internet they are a scam. Like any other type of self-employed or sales related income MLM's are all abut the effort you put in. I know some people that sell ACN (which is independant sales of telecom and in some places other utilities like electricity, "It works" brand and Rodan and Fields, as well as some travel one my nephew did. I have met people successful in all these areas, esp. ACN. They way most MLM's work is people pay a start up fee; usually 99 to a few hundred dollars. The people at the very top make their money off of this and then a percentage or kick back based on the number of people they sign up under them and also whatever products and services they sell. If these products or services actually work I do not consider it a scam.

    The travel one did sell discounted packages for pretty decent vacations. Any Itworks product I ever tried worked for me. I got my sister a verizon package through ACN; which we thought was a discount but was in reality only $7.00 or $8.00 cheaper per month but the internet and cable worked. The problem is many, many, many people pay to sign up and then do not put in the effort to make any money. Some of the MLM's charge you a monthly fee so it is really not worth it if you do not sell anything.

    I do not know anything about this particular MLM to give an opinion about it but IME it is not fair to say something is a "scam" just because it is a MLM. You have to understand the business model and put in the work. Amway, Tupperware, Mary Kay and Avon are or at least were in the past all companies that used a MLM or pyramid "scheme" model and these are household names. Not to mention Amway owns a professional sports arena. Just know what you are getting into.
    XoXo Gia
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