Name: Nu Skin
Price: Free to Join; Expensive Products
Income Opportunity rating: 2.5 / 5 Stars
#1 Recommended Online Business Training with Proof: Click Here
When you look into a business opportunity like Nu Skin, a Multilevel Marketing Company (MLM), you have to ask yourself if you are truly interested and passionate about its products, that you are willing to sacrifice your time and energy to promote them.
Have the Nu Skin products truly made a change to your life? Have they made you look and feel younger? These are the questions, if answered positively, separates a successful Nu Skin distributor from failure.
I’m pretty sure you are brought into a meeting, a presentation or a 3 way call from a friend or a family member, and you curious about whether or not Nu Skin is a true income generating business. Kudos to you for doing your homework.
As easy as it may seem, promoting Nu Skin products and its business opportunity can be lucrative, as you can see from the presentations, but nothing can be far from the truth that more than 90% of the its distributors fail in the business.
Believe it or not, nobody in Nu Skin will disclose the failure rate to you, and which is the reason I created this website, to share everything you need to know so that you can make an informed decision.
Let’s dive right in…
Is Nu Skin a Fountain of Youth?
There are many people who claimed that Nu Skin is a scam, and yet there are many that worshiped its products?
The CEO of Nu Skin, Mr. Truman Hunt, even claimed that Nu Skin is the Fountain of Youth.
Who is speaking the truth and who can you trust?
If you must ask, I would say…
Trust yourself and nobody else. Period.
Honestly, like I’ve mentioned earlier in this review, in order to be successful in this business opportunity, its products must work for you first.
There is just no point of promoting a product that you may or may not trust. You need to believe that the product works for you, before you can share your opinion earnestly.
So, I urge you that, if you want to join the Nu Skin business opportunity, buy and try its product before anything else.
What I want to stress is that you shouldn’t be strong-armed by your peers into joining the business, because many times I’ve seen relationships fallout in this kind of situation.
You would have thought that joining the business opportunity will bring you closer to the person who introduces you to the business opportunity, but often than not, when the business relationship fail, so does the personal relationship.
Is Nu Skin a Pyramid Scheme?
If you just do a good old Google search, you would have found that Nu Skin was accused of being a pyramid scheme in China.
If you do not know what a pyramid scheme is, you can check out this video:
So, is it true that Nu Skin is a Pyramid Scheme?
Well, this question is subjective…
It really depends on how a new distributor is being introduced into the company.
A legitimate MLM company, usually has its distributors as true customers. Its distributors are the ones who tried and tested its products and consumes them for a long period of time, because it works for them.
If an MLM company is focused on the quality and its usability of its products, I do not see a reason that they are called a pyramid scheme.
However, if a new distributor is introduced into the company as a “Business Opportunity” right at the beginning, instead of focusing on the usefulness of the product, it can be seen as a pyramid scheme.
As the company grows larger, it gets tougher for its management to manage what other distributors are doing, and henceforth Nu Skin was fined $540,000 in China for its accusation of being a pyramid scheme.
Personally, I do not think that the company is running a pyramid scheme, it is just that its distributors are not thought to run their businesses properly.
Why do more 90% of its distributors fail in the business?
I can guarantee that Nu Skin is not a scam nor it is a pyramid scheme, because, if it is a scam, it could have been shut down a very long time ago.
But, I can’t guarantee that if you join the business, you will make lots of money, like some claimed. Bear in mind that some people who joins the business did not even make a dime from the company.
Let us look at the income disclosure of Nu Skin (the pdf of the income statement can be found here):
Referring to the column “Average Percentage of Active Distributor”, you can see that only 18.62% (totalling up the percentages in that column) of the distributors in the company made a commission check. This means that 81.38% of its distributors did not make any money.
And, out of the 18.62% of the distributors who made money from the company, 16.73% (Rank of active distributor to Gold Executive) of its distributors did not make a sustainable income.
Which means 98.11% of the people who joined Nu Skin, are not able to depend on the commission paycheck from the company for their living expense.
Only 1.89% of Nu Skin’s distributors are successful.
Why is this the case?
You see, it is not easy to be successful. Not in the MLM industry, and obviously not in any kind of businesses.
To be successful in any kind of business, you need to first have a strong mind, the will power, and the hunger for success. The first step of success comes from within. Unfortunately, in the case of Nu Skin, many people were not conditioned for success.
Secondly, the success of a distributor will depend very much on the education and knowledge that are passed down by their sponsors or uplines. I often see the lack of guidance provided by the sponsors to their new distributors.
Most of the cases, the sponsors themselves are not well equipped with the necessary marketing and sales knowledge that will propel themselves to success, and henceforth, there is a huge chain of wanderers coming to the business without knowing what to do.
So, if you are sure you want to be in the Nu Skin business, you need to have the above qualities that I’ve mentioned, and the right guidance in order to succeed.
The choice is yours to make…
My personal experience with a Nu Skin Distributor
I personally have the first hand experience with Nu Skin, and it is through my long lost friend who have contacted me out of the blue.
I have not seen my friend since 2008, and out of the sudden, I got a call from him, and he wanted to catch up with me, so we fixed a meeting one week after the call.
To my surprise, when I was at the meeting, my long lost friend has brought another person whom he claimed as a friend, but turns out to be his sponsor. They started doing their mojo on me.
As annoyed as I was with my friend, who had taken our relationship for granted, I stayed through the process.
Well, being a scam buster, I’m obviously curious as to what they have to say about Nu Skin. I was fairly familiar with the company.
As I’ve expected, their focus is on the business opportunity rather than promoting the benefits of the products.
They briefly shared some information on the products with me, and thought that because I was an ambitious person, I will be interested in making money with their opportunity. “Opportunity comes knocking on your door only once”, they claimed.
So, I shook their hands and I told them that I will think about it, but they tried to force a follow up meeting, which I eloquently turned down.
After that day, my friend kept calling me to fix a follow up meeting, and I got annoyed after the 3 call.
You see, you have to be prepared to face this kind of rejection from your friends, and most often, relationships get destroyed.
Alright, let’s Here’s what you need to know about the business opportunity:
My Sincere Advice to You
If you are constantly using Nu Skin’s products as they have changed your life, it just makes economic sense to promote the products because you are the living proof that Nu Skin works, and you can make money from it at the same time.
But, if you are only getting into Nu Skin just because you are looking for a way out from the rat race, then Nu Skin is not for you.
As I’ve already mentioned, more than 90% of its distributors fail in the business. So if you are not passionate about the Nu Skin products, the chances of you succeeding is close to 0%.
If the Nu Skin opportunity is not for you then what is?
I happen to know thousands of successful home-based businesses that are built based on its owner’s passion, and they have been guided by this program to help find their passion and build a business upon it.
I believe this program can help you find your path to success like it did for many people. I always believe that passion drives success, and I wish that you will find yours soon.
Thank you so much for your time, and please feel free to leave a comment below to share your thoughts and opinion.
If you find this article useful, please, help to share it with your friends and family by clicking on the social media buttons (Facebook, Twitter, Google Plus) below.