I am a Referring Travel Agent with YTB Travel. Before joining the company I did a lot of due diligence: reviewed this public company's SEC filings, personally met the Founders, determined that individuals can earn sufficient travel commissions to earn a profit without recruiting, read the representative Bill of Rights, the $6,000 minimum income guarantee, etc.
Who wants the embrassment of recruiting friends and family to join your business, only to find out down the road that the authorities are issuing restraining orders! That makes for difficult conversation around the Thanksgiving table :(
Over the course of the last few months, a lot of my friends have approached me to sign up with Burnlounge. I am always open to learning about the network marketing industry, so I agreed to go through the process, listened to the sizzle call, reviewed the website, attended a live presentation and then did a 3-way call with Rob DeBoer (one of the guys who was raking in the big bucks).
I love the promise of residual income offered by the network marketing industry. However, I hate that so many unscrupulous individuals have given multi-level marketing a bad name due to their greed and lack of understanding of the legal basics.
I am naturally sceptical. My professional background is as a CPA, auditor and corporate CFO, so I am used to doing my due diligence.
It was immediately apparant to me that the Burnlounge business model was severely flawed. All of the money was earned from the sign up fee. There was little likelihood of anyone being able to earn enough money on retail sales to cover even the initial investment. Consequently, the "little guy" would always lose.
Sounded like a classic pyramid scheme to me. Well, it turns out that the Federal Trade Commission came to the same conclusion and now thousands of hopeful entrepreneurs are going to see their dreams go down in smoke.
If you are one of these Burnlounge Refugees and can still dream about creating a Plan B income in a legitimate home-based business, please accept my invitation to do your due diligence on YTB Travel.
It may of may not be for you but it is a solid business model and is experiencing tremendous momentum. If what you see makes sense, we would love to have you join our Power Team and you will be assured of excellent systems and training.
- Call the 5-minute business overview by CEO, Scott Tomer at 800-201-5241
- View my online presentation site at http://www.referringtravelagent.com/
- Call our offices at 800-201-5195 and get your questions answered
