LGN Prosperity Review – A "Real Deal MLM" Or not?
I have been in the MLM industry for a little over 4 years and one of the first things I learned from trying to share my opportunity with others is that many people who are not educated in this industry call it “Pyramid Scheme”.
Anyone who has had any experience with this industry has heard that phrase over and over again and it is one of the top objections raised by prospective clients. (Notice I said “customers”.) The reason I say this is because one of the other things I learned very quickly when I got into the MLM field was that legitimate MLM companies are in fact legitimate, because they market a product (s) for a final consumer.
The main difference, according to the Attorney General (this information is available on most State Attorney General websites), is that if it were a pyramid, you would be paid a fee to recruit people into your business. In a legitimate network marketing business, you only get paid if the company sells products to someone within your network, be it a customer or an associate.
Recently, an acquaintance introduced me to the LGN Prosperity opportunity and asked me to attend a webinar. I am now an open minded person who believes in evaluating companies that are new to the MLM industry or in this case recommended to me by someone I am familiar with so of course I agreed to attend.
The webinar was run very professionally and seemed like an exciting way to make money (like $777) very quickly just by signing up a few people with the company. The presenter went straight into the compensation plan at the beginning of the presentation and it sure sounded like a well thought out marketing plan.
As I watched and listened, I began to wonder what the main product was on offer. I was learning all about the “matrix” for getting paid, but what would I be selling if I decided to join?
At some point during this short presentation, the presenter glossed over (in a kind of passing style) that there were software products and e-books available to sell to people and some of the other perks were travel coupons.
I can tell you that in my years of learning this industry I have been offered many e-books and software products on the Internet, most for free as an introductory offer and others at a discount price. So, aside from the quick $777 you’d get by signing up a few reps, what was the main draw of working with a company that didn’t really seem to offer much value in terms of a product or service people would want or need?
I decided to do some internet research to see what people were saying about LGN Prosperity. Interestingly, I came across an article written by The Citizen’s Corp about evaluating LGN as a reputable MLM company. In case you are not familiar with The Citizen’s Corp, here is a brief description of who they are and the service they provide:
A division of Citizen Corps was formed for the sole purpose of providing useful information and guidelines to assist the aspiring entrepreneur in his quest for personal and financial freedom.
There are many legitimate home-based business opportunities available today, but many of the so-called home-based business opportunities that are advertised are simply schemes devised to take advantage of people’s ingenuity.
That’s where Citizen Corps comes in. They are dedicated to researching and providing the most truthful and factual reviews of legitimate home-based businesses. Although there are hundreds of legitimate opportunities available, Citizen Corps Home Business Reviews focuses primarily on what are known as “higher tier” opportunities. “Top Tier” opportunities are those that have at least six figure income potential in the first year of business and sometimes require a higher initial investment.
In examining LGN, Citizen Corps related the following information:
o That LGN Prosperity is the latest business opportunity in the LGN Revolution family formerly known as the Little Guy Network.
o Neither LGN Prosperity nor LGN Revolution meet your criteria for a full review.
o That the products offered by LGN Prosperity are a collection of software and electronic books. When you join, you are buying these digital products and have the right to resell them. With your membership you also receive your own store to sell these products.
o That the digital products appear to be the same products that were included in the short-lived Passport To Wealth program. The products appear to be just a collection of digital products that are easily available on the internet.
o That the store front is not designed to “sell” products. The web page simply provides a list of products that a customer can add to a cart and purchase. They do not provide the ability to click on a product for more information.
or That the combination of the “products” and the compensation plan do not meet your criteria as a viable business opportunity or that you have the realistic ability to achieve a six figure income. With all the reputable MLM companies available in the world providing above average products and services, as well as a great compensation plan, I would be a bit apprehensive about getting involved with LGN based on my findings.
Author’s Note: I am in no way claiming that LGN Prosperity or any of its parent companies, affiliates or otherwise, are illegitimate pyramid schemes. I am simply expressing my personal opinions and feelings.