Randy Schroeder reportedly accepted a significant ($8 to 10 Million?) signing bonus to join MonaVie.  I have seen a handful of MonaVie associates claim that it was MonaVie’s product or compensation plan that attracted Schroeder to the company.

MonaVie is on a growth (and spending) spurt and it doesn’t have much to do with the product or compensation plan.

Here is what Randy Schroeder said about MonaVie before joining:

We can look at some of the mid-level successes in our industry right now. Xango is a fine company but what is it. It’s about a third or a fourth generation copy of Tahitian Noni or Marinda. Will Xango ever equal in size or exceed the size of Marinda? I personally will be dumbfounded if that occurred. It never happens in our industry. And we can go even with a more current example, Monavie. Well Monavie’s about a fifth generation copy of that same idea. The possibility of them going to a new standard of success, in my mind, approaches zero. What we find is, that being a truth in both compensation plan design and product design, Melaluca pioneered their compensation plan design. How many people have since copied? Countless. How many have equaled or exceeded the original? Zero. NuSkin pioneered their compensation plan design. How many have equaled or exceeded? Absolutely none.