Today we will be reviewing a company called HealX Nutrition. Is HealX Nutrition a scam? Find out in this HealX Nutrition Review.
It is normal that you haven’t heard of HealX Nutrition yet since a hunbot just endorsed this opportunity to you fairly recently. I am sure that what brought you here today is your curiosity in whether what they are saying about this money-making opportunity is true or not.
I am glad that you were able to do the right thing before entrusting your hard-earned money to some stranger. Also, hunbots are trained to lie and only tell you about positive things. It is important to learn the truth about their promises in order to not be conned.
Doing your own research is a good way to figure out whether an MLM is legit or not. Sure, the company may be legit, but are they really conducting a legitimate business with its members, or are these companies just taking advantage of these people?
MLM members make money by selling products and recruiting new members. In pyramid schemes, members could only make money by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not affiliated with HealX Nutrition in any way.
Hopefully this HealX Nutrition review can help you decide whether you want to sign up for the company or not.
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What is Healx Nutrition
Healx Nutrition is a multi-level marketing company that sells pharmaceutical-grade organic CBD products. The company was founded in 2018, and is currently based in Colorado, United States
HealX Nutrition’s vision to make their product into mainstream health care as it helps revitalize the human body. They currently partnered with Panacea Life Sciences, which is also their supplier of materials used to manufacture their products.
They have been conducting their MLM business for a while after the passing of the 2018 United States farm bill or the Agriculture Improvement Act of 2018 which legalizes the production and marketing of hemp-based products.
How Do MLMs Work?
Before we proceed into more of my findings about HealX Nutrition, I’d like to quickly tackle the nature of MLMs first. If you are new to this website then I need you to be especially thorough on this section.
Recruitment is what members under MLMs excel at. They will present themselves as successful by being part of the program. Their goal for these testimonials is to give you assurance in exchange for your trust— and money.
They also encourage that people leave behind their stable jobs and devote their all their time to the MLM. Once the members get their very first paycheck, they will see the so-called “potential”, and make a huge mistake of leaving their jobs.
You may ask, “What are their intentions for doing such things?” It is simple, they just want you to be added in the pool of their source of income by you helping them sell products that are inferior and overpriced compared to popular and widely used alternatives.
MLMs are very aware that the products they sell wouldn’t sell much if they abandon the direct-selling tactic. They rely on the people they recruited to pay for the products. As they keep recruiting more and more people, people are becoming less and less interested in their products.
The reason behind this is because they are also recruiting people who just want to be customers. With this, the market becomes more and more saturated. The members are basically competing against each other to get sales.
Keep in mind that when you are being offered an opportunity that sound very easy to do yet pays higher than a proper job, I suggest you run for the hills. That is definitely not true, because if it is, then that hunbot would have been rich by now and not bother recruiting more people.
Is HealX Nutrition a Pyramid Scheme?
Since Healx Nutrition members earn money both by selling services and recruiting new members, then it is safe to say that Healx Nutrition is not a pyramid scheme.
However, since Healx Nutrition is still an MLM, do not expect to make money if you have no plans on recruiting people. Recruiting will earn you significantly more money than actual product selling, and is more encouraged.
This just makes Healx Nutrition look like a pyramid scheme in disguise, doesn’t it?
Is HealX Nutrition a Scam?
No, Healx Nutrition is not a scam.
However, if you think this is enough for you to jump in Healx Nutrition’s so-called opportunity straight away, then I suggest that you hold your horses. This is just the most basic thing, so don’t go signing up for this company right away.
Before making your decision, I suggest that you do a thorough research on the MLM first. You can consult some of the sources I listed below. Take note that you can definitely consult any source you want to, but the sources I listed below are the best kinds to consult, for various reasons listed.
What Sources Should You Look For?
There are three kinds of sources that you can consult when it comes to researching MLMs. There are other kinds of sources, but I believe that these three sources will be of the most help to you.
The best source is right here, and you are quite lucky to have found it already. This HealX Nutrition review is an example of a third-party review. Third-party reviews presents you an unbiased take on the subject of MLMs. The information presented in these reviews are facts gathered from thorough research.
Take note that the ones who publish these reviews are not affiliated with MLMs in any way. This means that the reviews are impartial, which are good because you can be assured that they are not skewed towards the company’s favor.
If you are looking for a place where you can discuss MLMs with others, then I suggest going to online forums. The most active forum I know of can easily be found by a simple internet search.
You are given a more personal take on MLMs by engaging with other people who do research about them. In forums, you can also look for answers for more specific questions, as it is possible that people have asked the same thing before.
The main purpose of these forums are to educate people about MLMs. This means that these people are more than willing to engage in discussions. It is also appreciated that you bring more people into the forums to spread the word about how scummy these companies are.
How to Make Money from HealX Nutrition
Since HealX Nutrition is an MLM, there are only two ways to make money with the company. and these are:
- Selling products
- Recruiting members
These are only the mere basic ways with which you can earn money in HealX Nutrition. There are various bonuses and benefits that you can claim, which will definitely boost your earnings.
The main concern that should be highlighted in these companies are their insistence on recruiting. Recruiting is a lot more encouraged than actual product selling, which just beats the purpose of having products at the first place.
You should be prepared to recruit people and create a downline in order to make money. This is because the earnings you get here are not on salary basis, but on commission basis. It is pretty unstable, because there will definitely be times where you will not earn at all.
You would also need to follow a strict sales quota. If you fail to do so, you will definitely be dropped from the company. This means that you lose the rights to sell products that you have already bought.
Remember that the MLM business model is not sustainable, so as time goes by, you will run out of people to recruit.
MLMs do not really care about how many products you sell. What they care about is how many you buy and how many people you can bring in.
Healx Nutrition Products
Healx Nutrition sells the following kinds of products:
- CBD Soft Gels
- Hemp Oils
- Sublingual tablets
How Much Can You Make?
Just like a typical MLM, HealX Nutrition does not publish an income disclosure statement. Of course, MLMs are not obligated to share this vital piece of information. MLMs are known for lying, though, so it is a lot better to be transparent when it comes to matters regarding their members’ earnings.
MLMs who do not publish one are more than likely lying about how much their members really make. We all know that the data never lies. If only there is data available to be used as reference, then we would not need to make speculations regarding this company’s transparency.
This is not surprising anymore, considering how MLMs seem to be good at manipulating information. They also act like they are aware about what people actually think of them. It seems that the only way to know how much you can earn from this MLM is by joining it.
I would not recommend doing that, though. I already know the answer to that. Yes, you can make money in an MLM, but I am sure that your expenses would be way higher than those earnings.
Things I Like in HealX Nutrition
The one thing that I could give this company credit for is by how detailed the information in their website are. They give out details including the tests that their products undergo, and findings that you can use to compare with other brands selling CBD products.
This is good because MLMs are known for leaving people in the dark. At least this company is doing one thing right.
Things I Dislike in HealX Nutrition
No Approval from the FDA
The market for CBD products is still at its infancy, considering by how recent the bill legalizing them was implemented. This means that the products are still undergoing tests by the FDA.
Well, I still do not recommended buying products that are not FDA approved, no matter what justifications are in place. It is better safe than sorry.
These products are being sold at a price point that is not attractive to people who are looking for cheap products. Take note that people know how much products they like are, and as much as possible, they avoid overpaying for products.
MLMs have this habit of thinking that they are selling premium products, which is why they try to justify such expensive prices for them.
It is an MLM
This is an MLM, so it means that a lot of people definitely failed in this venture. In fact, 99% of people who join MLMs fail to make money, and they do not even earn back their initial investment.
HealX Nutrition Compensation Plan
Here are the ways you can get paid in HealX Nutrition:
- Retail Commissions. You are eligible to receive 10% to 20% commission from every product sold.
- Residual Commissions. You can earn 4% to 18% commissions from the sales of the members that you recruited. This varies depending on their rank and their level.
- Affiliate Generational Pool. Once you climb up the higher ranks, you will be qualified to divide the 5% of the company’s global sales along with the other high-ranked members.
10 Shocking MLM Statistics That You Need To Know!
- Almost 99% participants of all multi-level marketing companies lose money, according to the FTC.
- There are 38% more chances of you profiting from your own any kind of small business than joining these MLMs.
- Success rate of an online business, which will give you financial and time freedom, is 20% more than joining MLMs for making money.
- The odds of you winning a lottery worth $10k among 10,000 people is 300 times higher than actually making money from MLMs.
- According to the AARP foundation, 47% distributors of all MLMs lose their money. Apart from this, 27% do not make a single penny.
- In the remaining 26% that actually make money, 53% of them make less than $5000/year.
- 39% of those 53%, who are making $5000/year quit because recruiting and selling crappy products to friends and family members jeopardized their relationships.
- Forget about building a long term business with MLMs, because 50% of all MLMs participants quit within one year.
- 75% people that joined MLMs say that they will never again join any kind of MLM.
- A poll was conducted in 2018 among 1050 MLM distributors and it was concluded that most of them made 70 cents an hour and 20% of them did not make a sale. 60% of them made less than $500 in sales over the past 5 years and 32% of them acquired credit card debt to finance their MLM involvements.
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Final Verdict – HealX Nutrition
Before I end this HealX Nutrition review, I would like to share a few more insights that could help you.
I would like to commend you for reading this far into this HealX Nutrition review. With your newfound knowledge, I know that you will have a better understanding of MLMs and the tactics they use to lure people in.
You may be feeling a little down, because you thought that joining an MLM would be your way out of your boring corporate job. Do not fret, however, as you saved yourself from a massive headache. You also saved yourself from possible bankruptcy.
Just remember that when it comes to MLMs, you have nothing to gain, but everything to lose.
I would like to tell you more about a much better opportunity. It is waiting for you right in the next section.
That’s it for my HealX Nutrition review. Hopefully this HealX Nutrition review helps with your decision.
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