|A Critical, Third Party Review Of The Shaklee Corporation|
There are several key areas one must evaluate when looking over any network marketing company. Although the products or services they offer may vary there are typically 5 key areas that all companies share. These 5 key areas are called The 5 Key Essentials. They comprise: corporate leadership, field leadership, product, compensation plan, and timing.
To best understand the magnitude of the Shaklee opportunity we need to evaluate the company's standing in terms of these 5 key areas.
First of all, Shaklee's corporate and field leadership is led by a gentleman named Roger Barnett. He purchased Shaklee in 2004 for a little over 300 million dollars. Mr. Barnett is an extremely bright individual with an impressive track record. He completed his undergrad studies and law degree at Yale University and completed his MBA degree at Harvard School of Business. He then entered the investment banking world by joining Lazard Freres & Co. where he went on to organize an investment group to purchase Arcade, Inc. Under Mr. Barnett's leadership Arcade grew to being the largest perfume sampling company in the world in just 6 short years. Mr. Barnett hales from a long line of successful entrepreneurs. His family owns the global luxury brand, Burberry. In addition to being Shaklee's Chairman and CEO, Mr. Barnett also oversees his family trust worth in excess of 2 billion dollars.
Mr. Barnett's vision is to build on top of Shaklee's 50+ year history and grow the company from 500 million in sales in 7 countries around the world to being a 15 billion dollar global giant in the next handful of years.
To do that Mr. Barnett had to make some significant advances and changes in the company's infrastructure. He started investing heavily in the company's technology, building a platform to help it scale its operations globally. He recruited the brightest minds in the entire network marketing profession to join his corporate staff and field support staff as well as he had Shaklee's compensation plan completely redesigned.
For most of Shaklee's history, its compensation plan had been its achilles heel. Although great incomes had been produced by a large number of Shaklee's top leaders, most of Shaklee's sustained revenue is generated from its customer base and sales had stagnated by the time Mr. Barnett took the helm. With over 750,000 distributors and customers around the world, Mr. Barnett understood that in order to grow the company to the billion dollar level he was going to need to recruit and reward business builders handsomely for their work.
In October of 2010, Shaklee announced its breakthrough compensation plan called the Dream Plan. This exciting compensation plan affords business builders the opportunity to make a minimum of $100,000 their first year, go on 2 exotic all expenses paid trips as well as earn a car paid for by Shaklee. This compensation plan has garnered tremendous recognition throughout the industry and the incomes that business builders are generating has attracted industry leaders and industry newcomers alike in droves.
With solid corporate leadership and compensation plan some might wonder as to the strength of the company's products. Products have actually been Shaklee's strongest area for over 50 years. The company has invested over 250,000,000 dollars into the research, development, and clinical testing of its products. Shaklee is currently the Number 1 natural nutritional company in the United States. Shaklee's products have powered over 100 US Olympic athletes; 54 of which have won gold medals. Shaklee designed and produces products for NASA, its products are used in the White House, and celebrities like Oprah Winfrey and Rachael Ray have all lended their support and publicly declared their love for Shaklee's products and global mission.
But one area of concern for any potential business associate of Shaklee would be the fact that the company has such a tremendous track record. One might ask the question as to whether Shaklee's best years are already behind it and that new business associates might have already missed their chance to ride Shaklee's momentum.
Personally, I would make the assertion that Shaklee is just now starting to realize its full potential. As a company that has superb check marks in all 5 key areas of business and positioned at a time when the United States economy has really dealt its citizens a tough hand Shaklee has tremendous potential. Its new Dream Plan compensation structure as well as groundbreaking and best in class products make Shaklee a truly legitimate and impressive opportunity for anyone looking for a solid and well-positioned home based business.
Matthew is widely respected as one of the top leaders in the entire network marketing profession. Matthew has built large organizations all around the globe, generating high 5 figure monthly incomes in the process. Matthew has developed, tested, and proven a world-class technique for generating limitless leads on the internet. For a FREE report on how Matthew's cutting edge online marketing systems and strategies can explode YOUR income visit: FREE "Online Marketing Secrets"