by Jeremy Michaels
Before I begin this blog, I want you know I was in World Ventures. I’m a former World Ventures representative and I voluntarily quit due to the information I found out up front being in the company. Therefore my perspective of the company is valid and what I present here is both factual and opinionated.
What Is World Ventures?
For those who don’t know, World Ventures is a multi-level marketing company (MLM) that sells travel. Multi-level marketing companies are pyramid scheme companies that sell products to keep themselves on the right side of law. Therefore, since WV sells travel or vacations through their “Dream Trips”, it’s a legitimate pyramid scheme multi-level marketing company. And it’s absolutely not a scam. You actually can make some money off this company, travel on vacations and even get a free car but your chances are very low to succeed. I’ll explain why.
The idea behind World Ventures is that you make money not just through your own sales work, but by recruiting other salespeople and making a cut of any sales that they make. Recruit enough people below you and you can just relax and watch the money roll in.
To become a sales representative for World Ventures you have to pay a sign-up fee and monthly fees. Your monthly fees are waived if you recruit just 4 people in a month.
World Ventures has a virtually inscrutable payout schedule comprising seven ranks and two pyramid-shaped hierarchies. The first pyramid is called the “lineage.” You sit at the top and everyone you’ve personally recruited is added directly below you, and everyone they’ve recruited is below them, and so on. Lineage is factored into rank, which is factored into compensation. The second pyramid is the binary organization. Here the pyramid spreads out by twos—the top spot sits directly above a left and a right spot, each of which sits above its own pairs, and so on. You can then earn bonuses based on sales made by the binary organization, which is comprised of the reps you recruit, and the reps they recruit.
Below is a chart of how it works:
So if you manage to master that pyramid, you could potentially make a lot of money.
But you most likely won’t and I’ll explain why.
- MLM companies are a grind. Most reps fail to make money and lose a lot of money. In World Ventures, not only do you have to pay for the Dream Trips membership monthly (if you don’t recruit enough people) for trips which are priced the same or even higher than if you booked the exact same trip online or better through your travel agent who would take care of your flights too and treat you like a good valued customer, but you are bombarded every month with these company trainings costing from $30 to $300. Marketing tools that should be offered for free by the World Ventures cost and is extracted out of it’s reps and members. Not to mention, you have to pay a membership fee to join the company in the first place. Someone is making a heck of a lot of money out of WorldVentures, and it’s very unlikely you would.
- So if you become a representative, you will be heavily encouraged to spend your money on World Ventures training events, since “training” is the only way you’ll succeed in such MLM company.
- World Ventures compensation system have been a frequent subject of criticism and lawsuits. Criticism has focused on their similarity to illegal pyramid schemes, price fixing of products, high initial entry costs (for marketing kit and first products), emphasis on recruitment of others over actual sales, encouraging if not requiring members to purchase and use the company’s products, exploitation of personal relationships as both sales and recruiting targets, complex and sometimes exaggerated compensation schemes, the company making major money off its training events and materials, and cult-like techniques which groups use to enhance their members enthusiasm and devotion.
- According to World Ventures official documents, “75% of reps fail to earn a commission and only 0.1 percent earn a yearly income.” The average rep earns $325 in a year. According to their own information, 90% of World Ventures reps actually lose money – in accounting for the price of joining, the monthly fees, other maintenance fees and the cost of attending training events. You can have better odds at a casino making money!
- Also World Ventures has a tendency to sue its former employees who move to competing MLMs or those who speak negatively about the company after quitting which is their attempt to squash public dissent.
The catch phrase of World Ventures is “Make a living living.” And who wouldn’t want that? Who wouldn’t want to travel and make money? Sounds too good to be true right?
“You Should Be Here” or “I Wish You Were Here” banners – I know you seen them before. People send you private messages to ask if you like to travel, want to travel to exotic destinations at great prices, and/or make money while traveling, or say you can retire at an early age, or you don’t have to work your 9-5 or 40 hours a week anymore. Others invite you over to show you a presentation of World Ventures or write cryptic messages on their Facebook wall or Twitter timeline how they’re flying off for free again or making lots more money while having fun (thus prompting you to ask them what exactly they are doing, because you’re now curious).
See, World Ventures attracts low-income people. These people are swindled by a get rich scheme and sold dreams. Most of the people who join are people who can’t afford a vacation trip on their own or lack common sense of what type of company World Ventures is. Others who join are people looking for an opportunity and are tired of working that 9-5 job for $10/hr. Others have that entrepreneur mindset but are motivated by a false reality of success not realizing that World Ventures is a multi-level marketing company that you have to put all your time and effort in to become successful.
Now here’s a fact: If anyone trying to lure you in with the promise of fast easy money is pulling a fast one on you. Particularly if you have to lay out money at the beginning to get involved. Fact is, you are not going to get rich off of World Ventures, but if you sign up, World Ventures is going to continue to get quite rich off of you.
Before I keep going, I want everyone reading this blog to know that it is possible to make some money off of this company. I know 3 people personally who make residue income, go on trips and they each got a free BMW for recruiting more than 30 people that recruited people. That’s why I joined!!!
However, if marketing isn’t for you, like it isn’t for me, don’t even bother. Not only you need to know people to achieve success in this company, more importantly you need to have high training and skills in marketing and networking. Your chances of making money and succeeding here is very low as 90% of people who join don’t even succeed, don’t make money and lose lots of money and time. The statistics speaks for itself.
Fact: You need to put all your time and effort if you really want to succeed in a MLM company.
The saddest thing for me is that World Ventures appears to actually be growing in numbers, which means a lot of people are being conned into paying their hard earning good money and effort down a rabbit hole when there are far more productive ways to achieve your travel dreams and make money. Don’t be fooled, never go for the “easy money” and “easy opportunities” because they’re always too good to be true. I promise you can do better. You have a better chance of going on vacation trips and making a lot of money by either establishing your own business or simply working that 9-5 job and saving up a little.
So there’s no magical way to travel around the world and get rich while doing it. That’s simply a false reality that grabs the attention of young people and low income people. But that doesn’t mean you can’t see the world though. You should already know there are plenty of ways to travel around the world for far less money than you think. Just do some research and find some legitimate deals. And yes, they require some of that less-fun stuff like working hard, and saving, but the end result is way more satisfying and sustainable.
As for me, I quit because I felt marketing wasn’t for me. It cheats people out of their time and money tricking people by a get rich quick scheme and sells them dreams. It goes against my character to be involved in marketing. Ever since, I’m doing great working at Delta Airlines as a supervisor cargo agent in LaGuardia airport. I can travel whenever I want with the airline benefits. 🙂
As for you, I wish you best of luck with this opportunity if you are involved in it. It’s certainly a opportunity and certainly possible to succeed and it’s definitely “not a scam” like most people think.
But just stop and think… ask yourself “How is World Ventures sustaining itself as a company?” or “How does a multi-level marketing company work?”. World Ventures is getting richer off every representative who joins and doesn’t succeed. It’s in fact a pyramid scheme that presents a opportunity that doesn’t add up to it’s statistics.