Comments on: Numis Review By Len Clements http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html MLM News - MLM Reviews - Network Marketing News - Network Marketing Reviews Thu, 09 Feb 2012 21:05:34 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Stu Johhson http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-42828 Stu Johhson Fri, 06 May 2011 03:24:17 +0000 http://mlmblog.net/?p=3577#comment-42828 I think the most interesting part about this opportunity is that you don't need a securities license to promote precious metals. They are merely riding an economic wave through positioning a cornerstone of value. It's also important to bear in mind they worked for years as comp plan consultants to the network marketing industry for 10 years prior to forming numis. They are also responsible for constructing the technical online back offices for hundreds of network marketing companies as well. Lots of experience and tons of wisdom. I split hairs on this company and there aren't any "gotchas"....yet. Besides, the people that fail in the industry get stuck with a garage full of gold and silver instead of hair gel and juice products. I think the most interesting part about this opportunity is that you don’t need a securities license to promote precious metals. They are merely riding an economic wave through positioning a cornerstone of value.

It’s also important to bear in mind they worked for years as comp plan consultants to the network marketing industry for 10 years prior to forming numis. They are also responsible for constructing the technical online back offices for hundreds of network marketing companies as well.

Lots of experience and tons of wisdom. I split hairs on this company and there aren’t any “gotchas”….yet.

Besides, the people that fail in the industry get stuck with a garage full of gold and silver instead of hair gel and juice products.

]]> By: Alan Eames http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-6112 Alan Eames Wed, 26 May 2010 06:04:13 +0000 http://mlmblog.net/?p=3577#comment-6112 Hi Len, Great to finally read something of yours again. I read "Inside Network Marketing" back in 1999 and loved it. Excellent article and a very good primer on Numis from the potential business partner perspective. Your analysis of where the money is in Numis, reminds me of my analysis of a cellphone company using network marketing. Most of the money came from other things besides the cell phone service. Thanks! Alan Hi Len,

Great to finally read something of yours again. I read “Inside Network Marketing” back in 1999 and loved it.

Excellent article and a very good primer on Numis from the potential business partner perspective.

Your analysis of where the money is in Numis, reminds me of my analysis of a cellphone company using network marketing. Most of the money came from other things besides the cell phone service.

Thanks!

Alan

]]> By: David Veras http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-5793 David Veras Sat, 03 Apr 2010 00:38:46 +0000 http://mlmblog.net/?p=3577#comment-5793 Numis is a really good idea but it doesn't follow with anything that Tim Sales would stand for. I wonder what he has to say about this company. Numis is a really good idea but it doesn’t follow with anything that Tim Sales would stand for. I wonder what he has to say about this company.

]]> By: Esti Allina http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-5755 Esti Allina Wed, 31 Mar 2010 08:39:54 +0000 http://mlmblog.net/?p=3577#comment-5755 At first glance it made sense - invest in assets, but what tipped me off was the high buy in and the big pay off for the buy in. I don't know anything about coin collecting, but they say that they will mint AS MANY COINS AS THERE IS DEMAND FOR - again calling into question the collecting value. The lowest buy in is $75 and that does not include any product - that only gives you the right to purchase products. The MLM facet of it is well laid out and in the article and the conclusion that it is not a solid MLM is a good conclusion. These coins and bullion can be purchased on websites, one of which i found that also guarantees buy back at market price. I think that would be a better way to go. As with all MLM's there is padding to cover commissions, but the Fast Track pack here is really on the border of 'get paid to recruit'. Again, well done and thanks for taking the time to write it. At first glance it made sense – invest in assets, but what tipped me off was the high buy in and the big pay off for the buy in.
I don’t know anything about coin collecting, but they say that they will mint AS MANY COINS AS THERE IS DEMAND FOR – again calling into question the collecting value.
The lowest buy in is $75 and that does not include any product – that only gives you the right to purchase products. The MLM facet of it is well laid out and in the article and the conclusion that it is not a solid MLM is a good conclusion.
These coins and bullion can be purchased on websites, one of which i found that also guarantees buy back at market price. I think that would be a better way to go.
As with all MLM’s there is padding to cover commissions, but the Fast Track pack here is really on the border of ‘get paid to recruit’. Again, well done and thanks for taking the time to write it.

]]> By: Work From Home Guy http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-5699 Work From Home Guy Tue, 23 Mar 2010 15:34:14 +0000 http://mlmblog.net/?p=3577#comment-5699 Excellent, excellent article (review). Although I've come to expect nothing less from Len - a truly trusted pro in our industry. Thank you for drawing people's attention to the 'kit' solution to low margins, which so many companies turn to as a remedy for low margin products. So many folks need to be shown this so that they really 'get it'. Best to you, Scott Excellent, excellent article (review). Although I’ve come to expect nothing less from Len – a truly trusted pro in our industry.

Thank you for drawing people’s attention to the ‘kit’ solution to low margins, which so many companies turn to as a remedy for low margin products. So many folks need to be shown this so that they really ‘get it’.

Best to you,
Scott

]]> By: Tricia http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-5690 Tricia Mon, 22 Mar 2010 14:51:01 +0000 http://mlmblog.net/?p=3577#comment-5690 I couldn't agree more, Gregory, Ty and Len! Having been through an FTC shutdown of a company where I was a six-figure earner 6 years ago, it is not an experience I would wish up on anyone. The leaders with the big lists will just move on to their next hot deal, thousands of other distributors will get hurt, and the industry reputation will suffer. That is, of course, if the leaders don't get fined! The FTC fined the two top leaders $1 MILLION and $500,000 in the company I was in that got shut down. I was one of the top 50 earners and we were told they were coming after us too. It didn't happen but there were a few stressful months. :( I have been prospected numerous times for Numis- the claims are rampant. I always ask "How many REAL customers are you getting?" No one has yet answered that question. They don't even want to hear the question because they are so caught up in the 'money.' There is a class action lawsuit going on right now against Efusjon, with a primary focus being 'customer acquistion'. So if the FTC or AGs don't go after Numis, it is quite possible that distributors who finally wake up will go after them. I couldn’t agree more, Gregory, Ty and Len!

Having been through an FTC shutdown of a company where I was a six-figure earner 6 years ago, it is not an experience I would wish up on anyone.

The leaders with the big lists will just move on to their next hot deal, thousands of other distributors will get hurt, and the industry reputation will suffer.

That is, of course, if the leaders don’t get fined! The FTC fined the two top leaders $1 MILLION and $500,000 in the company I was in that got shut down. I was one of the top 50 earners and we were told they were coming after us too. It didn’t happen but there were a few stressful months. :(

I have been prospected numerous times for Numis- the claims are rampant. I always ask “How many REAL customers are you getting?” No one has yet answered that question. They don’t even want to hear the question because they are so caught up in the ‘money.’

There is a class action lawsuit going on right now against Efusjon, with a primary focus being ‘customer acquistion’.

So if the FTC or AGs don’t go after Numis, it is quite possible that distributors who finally wake up will go after them.

]]> By: Gregory http://mlmblog.net/site/2010/03/numis-review-by-len-clements.html/comment-page-1#comment-5688 Gregory Mon, 22 Mar 2010 08:00:20 +0000 http://mlmblog.net/?p=3577#comment-5688 This is the most objective review of Numis I've read yet. And even it is massively telling that this opportunity will not survive. This is the most objective review of Numis I’ve read yet.

And even it is massively telling that this opportunity will not survive.

]]>