“Is Team Beachbody a pyramid scheme?”
That’s a common question coaches hear. It’s also an important concern people have. But is it true? Is Beachbody a pyramid scheme?
The first thing as coaches we need to do is clarify. Different people mean different things by that.
If this is your question, what do you mean by that?
I’ll take common objections related to the pyramid thing one by one. (Hat tip to coach Bob Lucido)
1. “You know, one of those Ponzi scheme things.”
No. Ponzi schemes are illegal and based on getting money from entry of people entering into the Ponzi pyramid. That’s illegal and that’s NOT what this is.
Beachbody is an award-winning direct sales company founded in 1998. We are the P90X people with hundreds of millions each year in sales. As coaches, our commissions and income are based solely on sales. I don’t earn anything from your $39.95 startup fee. My Beachbody coach earnings are based solely on product sales. When you start, you will also earn based only on product sales, not signup fees.
Another thing you should know about Beachbody is that in addition to being an award winning company, it has an A+ rating with the Better Business Bureau. In fact, now we are in the BBB Hall of Fame. That means Beachbody has gone three full years without a single unresolved BBB complaint. Considering Beachbody literally sells to hundreds of thousands of people each year, having zero unresolved complaints is not just good, it is freakin’ amazing!
So obviously, this is not some sort of Ponzi scheme, this is a very real and very reputable opportunity. In fact, Team Beachbody is looked at in the industry as a rising star.
2. “You know, one of those risky propositions?”
Glad you asked. Actually, coaching is the opposite of that. It is Risk-Free!
When you sign up to be a coach, you get a 30-day money-back guarantee. So this is an opportunity to open up your own business, kick the wheels for 30 days, give it a try, let me show you what I’m talking about and how it all works. At the end of 30 days, if for any reason you are not comfortable, you can get your money back and you are all done. (But you still get to keep all the income you made in that 30 day period.) So, you see, there really is nothing to lose by giving it a go.
3. “You know, one of those things where I have to sell stuff to my friends and family.”
Is that what you are looking for? If so, that’s fine. It is a lot of fun getting in shape and making money with people you love and trust. We’ll show you how to do that in plenty of cool, 100% slime-free ways.
If you don’t want to do that, that’s cool too. We will never ask you to harass friends and family (or anyone else for that matter.)
Beachbody coaching is about sharing your enthusiasm for Insanity, P90X or whatever it is you do, and making real changes in people’s lives. You can do that with people you already know, or people you meet some other way- like online or through social media, or talking to leads who ask for more information. There are lots of ways to grow. We just need to find the ones that work for you!
If you have questions about whether BB is a Ponzi scheme, or anything else about coaching, shoot me an email: firstname.lastname@example.org.
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