Hi, and welcome to my review on Young Living.
Maybe you were approached by someone who asked you to join this company or buy their products. Maybe now, you really want to know more about who they are and what they are really all about? Well, you’ve come to the right place to get all the answers before you make any decisions.
Today I’m going to give you an honest review of Young Living. Who are they? Are they a scam? What does their Compensation Plan look like? Is it for you, or should you look at other alternatives instead? I hope you enjoy myYoung Living Review!
Young Living – The Company
Young Living was started back in 1993 by Gary and Mary Young. The Company was started in Lehi, UT, and has grown into a billion-dollar company with offices worldwide. Gary Young Passed away in 2018; however, his wife Mary is currently an active member of the company’s daily operations.
Young Living is an MLM (Multi-Level Marketing) business that sells essential oils. Their company believes they are the world leader in essential oils, and everyone deserves a life full of abundance and wellness. According to their website, their vision is to bring life-changing benefits of essential oils to every home, family, and lifestyle.
The company has many negative customer service reviews, which is never good when you want to start a business. When trying to recruit others, having good customer service from the main company is a selling point, and without that, your bottom dollar could definitely be affected.
Young Living received an NR (not rated) with the Better Business Bureau. (BBB) However, according to this article listed on the Young Living website, they were accredited by the BBB in 2015. This means they lost their accreditation, which is definitely not a good thing.
What is an MLM Company?
Multi-level marketing (MLM) is a business model in which individual representatives receive commissions for selling products. This can happen through a variety of methods, including direct sales, referrals, or word-of-mouth. However, representatives also receive financial compensation by having people in their downline who are also selling the company’s products.
When the downline members make a sale, the person who recruited them also makes money. This hierarchical commission model is dependent on both product sales and future sign-ups.
MLM companies are notorious for overpriced marketing products. More than likely, this is because they have to pay their representatives commissions on top of what the company makes.
Young Living – Compensation Plan
Young Living’s compensation plan is like most MLM companies. You get paid commissions when you refer people to the business or sell products to others directly. They also offer bonuses if you meet various goals. To be honest this isn’t any different from other MLM companies.
However, Instead of me going into detail about their compensation plan, I found a great video on YouTube that explains it for you.
This video is biased as the compensation plan is being discussed by someone who works for the company. Apparently, this plan is brand new for 2021 and seems even more confusing than typical, and because of all the changes, the video is somewhat lengthy (just a heads-up). Here is also a copy of their compensation plan in a pdf format for those who would rather view an actual document.
I do not endorse this video, in any way. I have no affiliation with this company. This video is for educational purposes only.
Young Living – Low Income Potential
It isn’t easy to reach the top layers in any MLM company, and at Young Living, it doesn’t appear any different. Here are copies of their 2019 Income Disclosure Statement, and 2018 Income Disclosure Statement which indicates this pretty well.
There is only 1% of independent distributors who reach the top level within most MLM companies. The majority of individuals who join MLM’s stay at the bottom tier and never earn any real money.
Young Living – Scam or Legit?
Well, the answer to the pressing question is, No, Young Living is not a scam. I believe a certain type of person fits this business model. Although I believe it is a difficult business model to make money with, it is not impossible. Basically, they are a legitimate MLM company with actual products available for purchase.
Companies like this are often referred to as scams because people do not believe in the products or tried to make money with their business opportunities and failed to recruit anyone.
If someone has tried to recruit you into joining Young Living always remember recruiters can make this opportunity sound too good to be true.
It’s the recruiter’s job to be as convincing as possible. Often, this causes people to get their hopes up, only to realize that reality is a lot different from what they’ve been promised. However, this doesn’t mean the business is a scam.
Final Thoughts
As far as their business opportunity goes, network marketing or multi-level marketing is not for everyone. It is a very challenging business model to make money with. Essentially, as always, I leave the decision in your hands.
However, before you make your final decision remember, you must like their products, so make sure you give them a try before making any decisions. If you don’t, selling will feel forced, and you won’t be convincing enough to sell them to others. Also, it takes a certain personality type to push this type of agenda. If your goal is to make money, you must have people in your downline.
Additionally, your success with the MLM structure depends on your team members, who signed up under you. Unless they are active and making sales, your earning potential is limited. To achieve success, you must be good at selling and have a strong team under you.
Online success can come in many different forms. That’s why it’s essential to do research and find YOUR way before you invest time, money, and resources into a seemingly good product or service. Research is critical before making any investment. Check out YouTube; many people have tried MLM companies and have talked about their experiences, both good and bad. Also, check out other reviews, especially from past employees, you don’t need to take their word as gospel, but it’s good to know what went wrong with other people’s businesses. If nothing else, you’ll know what to expect.
Lastly, regardless of what you decide, one must always remember that there’s no substitute for hard work, consistency, and self-motivation for success with any business, especially an online business.
Now, check out my #1 online business recommendation below. You can thank me later. 😊
P.S. No selling to family or friends required. Like I said. You can thank me later. 😊
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First, you won’t have to sell products to your family or friends or have to make sure to sign up people to be in your downline. Second, you can still set your own hours and enjoy a community of like-minded people, but most importantly, you can learn marketable skills that will serve you for years to come.
I hope you enjoyed my Review and if you have any questions, feel free to ask in the comments…
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Tamara
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