Is Yoli MLM a Scam?
Posted on Thursday Oct 29, 2009 Under New IdeasYoli is viewed as the “next big thing” within the MLM industry and it opened unofficialy for business during the summer of 2009. The official opening is scheduled for January 2010. The word “Yoli” is actually aztec and means “to live”. Yoli’s main market is the huge 50 billion per year energy drink industry together with the beverage industry in general and they have a new patented technology that take the nutrition at the peak of the ripeness, when its values is at its highest, and freeze dry it into powder and put into what is called a “Blast Cap”. You then take this cap, put it on top of a water-filled bottle and you virtually blast the cap open so that the powder mixes with the liquid and “presto” – there’s your beverage.
So the question is whether or not this is a scam and if you will strike it rich if you join this business opportunity…
Is It a Scam?
The clear answer here is NO, Yoli is not a scam.
Yoli has legitimate products which people will be interested in whether there’s a compensation plan attached to it or not. So distributors are earning money on selling products, not just recruiting new members which is one example of a scam or pyramid scheme. The founders of the company, Michael Prichard, Rick Eisele, Daren Falter, Robbie Fender, Bobby Jones and Corey Citron are all highly successfull entrepreneurs and almost all of them have all built worldwide network marketing teams reaching the hundreds of thousands and they bring a lot of credibility and experience to the plate.
Daren Falter is also seen as the King of compensation plans and ethics in the industry, having written books on the subject and been functioning as a consultant for many MLM-startups during the years. Yoli has a large main office in Salt Lake City, Utah and is not just another MLM company some teenager started from their bedroom.