Thursday, 26 April 2012

Polaris Global Review: The actual costs


Polaris Global Review: Is Polaris Global one of the most expensive online businesses?

Every business costs money. This is the single most important fact to keep in mind whenever you intend to start a business. Experienced entrepreneurs even suggest to add 25 percent to your initial calculation to make sure that you are in a good financial position in the early stage of your business.

With Polaris Global, I have found that it is hard for people to project the real expenditure that is going to take to keep your business running before you make a profit. This is the problem with Polaris Global and most other MLM programs. If you don’t do your due diligence, it is going to cost you dear. Sometimes you might be too excited by the promise of the potential huge income that you allow yourself to slip away from your duty as a business owner. Some other times, it’s just that they want to hide it from you and you may not realize the hidden expenses unless you pay deep attention.

Costs of a Polaris Global business


So here’s a breakdown of the least minimum amount of investment that you have to budget for a ‘business’ with Polaris Global (the price is listed in AUD, which is approximately the same as USD).
One time investment:
- Beyond Freedom Evolution (BFE) package payment: $2309.65
Monthly subscription:
- Distributor start-up kit and remaining activated: $48.21
- Direct Line System: $31.85
- Lead Management Subscription: $28.91

You have to buy BFE to become activated


Theoretically, they say that you *only* need $48.21 to become a distributor. But this start-up kit does not entitle you for any retailing profit, i.e., even if you are able to sell BFE to customers, you are not earning a single penny of commission. I once put up the information on my website that initial investment is around $2500 and was requested by the company to take it down for exactly the reason that I just explained. So all people that enroll in their business also have to purchase BFE to make income.

In their compensation plan, you need to become activated before you could earn any profit. This complicated compensation plan is only touched upon in the overview webinar so I encourage anyone that would like to start to review other materials on their website before making a decision. I’ll have a post on their compensation plan another day.

Monthly subscriptions

Now, the Direct line system is a monthly subscription that let you tap into their conference call every weekday; each call lasts for about one hour. And the Lead management subscription is a website that let you manage your leads (prospects). What you can do with that system is to add lead to specific categories and their autoresponder will send emails (many!) to leads in depending to the category that you put them into.

Polaris Global: other hidden costs

- Domain and website: if you are serious, as they say, you need a domain and a hosting service for your website. If you have skills with IT, if may purchase your domain with GoDaddy which costs about $10 a year. What other people in PG do, however, is to get the whole package from one of their partner, which costs more than $100 one time + $20 monthly.
- Internet and phone plan: the business is all about calling prospects, so you have to get a good phone calling plan and Internet data plan to manage your phone cost effectively. Some people have unlimited subscription for about $99 per month + miscellaneous. If you make international calls, expect more charge.
- Advertisement: this is also an online business and you are going to spend a lot of time and money for advertisement. Free job boards simply won’t be enough. So paid advertising in job boards and search engine will take another $20 or much more out of your pocket money.


So to sum up, expect a one time investment of $2309 + $100 = $2400 and monthly on-going subscription of around $200 and potentially more if you are new to the Internet business world. But there are more subtleties about the actual cost that requires to your hope of getting near your promised or imagined income. Stay tuned for the next post!

90 comments:

  1. Thank you for your honesty. I am looking at on-line business ventures and its difficult to find one that fits into my day job and honest about overall start up cost.

    ReplyDelete
  2. So basically a person buys the BFE package, becomes acredited to earn comission on selling the BFE product, then posts job adds out the same as you you have seen and enquired about (running a home business) to then sell as many people the BFE package you just brought, so they then can do the same. Is this not just a big circle that has a limit. Sounds like a pyramid scheme accept being legal by having a product, one of which must be purchased to start selling this product to people that will do exactly the same. Or is there actually a market for this Beyond Freedome Evolution personal enlightenment training program which is globally accredited for people to complete over 12 months and at the end they feel better about themselves, a certificate which holds no value accept to ones self? Have I got this all wrong?

    I just can't see any value in the product accept convincing others to pay you money so they can start up and do the same to more people, there must be a limit of people that would buy this.

    ReplyDelete
    Replies
    1. you nailed it. your basically paying tuition for a product that has no evidence of its accredited program from any institution on a global level. Anything that requires you to make money for your recruiter first is a pyramid scam. any person who would sell a product for that price needs a conscience.

      Delete
  3. I'm glad I could help. The only reason that PG can claim against a pyramid scheme is their "BFE" product, which I already reviewed in another post. Of course most people do not buy it at >$2000 for its rubbish content, they are buying the rights to sell the product to customers similar to them. So yes, you are absolutely right.

    ReplyDelete
  4. Thanks for this information. I felt it was a 'pyramid scheme' in sorts and now you have confirmed this for me. Could they be praying on the vulnerable?

    ReplyDelete
  5. wow thanks for the heads up .. but what about all those people that earn $$$$$ on their facebook page etc .. is that all rubbish???

    ReplyDelete
  6. I'm very glad if this post has stopped any one from joining / buying their products. I think the people who earn money are those who started at the beginning, i.e. at the very top of the pyramid scheme. Those are the ones that have the most presence on the web and most extensive network, so all money ends up feeding these guys. But as some other poster commented, the point is that there is no real product.

    I'm too lazy to post on the cost once you started, but basically they will try to make you purchase the higher end (supposedly giving more profit) at much higher costs. It'll take much more than $2000 (your time, effort, honesty) before you can break even.

    ReplyDelete
    Replies
    1. I mean if break even is anywhere near possible

      Delete
  7. thanks so much ! definitely not for me!

    ReplyDelete
  8. do you know of any legitimate jobs online!

    ReplyDelete
    Replies
    1. If you look at it ALL on line businesses are pryamid scheme, some sell it a little differently.

      Delete
  9. Interesting, I've been reeling over this for the last three months, whether to join or not, still unsure after reading your article, just have to weigh up the pro's and the con's and like all business ventures, opportunities, etc, one must take a risk, and do their homework first before jumping into any business. I thank you, because you have giving me more question's to ask them, and I'll see what there answers will be during the 3-Way Call.

    ReplyDelete
  10. I have done more research and found that Shane Krider was also co-founder to Liberty League with two others, this company was taken to court in Arizona, and on top of that, he has changed the name from Liberty League to Polaris Global, same product, $1000 dearer now, than when they were selling it thru Liberty League, also Rachel Krider, whose maiden name was Oliver is also mentioned as a scam artist too. Shane Krider is also with Scientology, so for me that say's a lot and I have made up my mind not to join, because this is another pyramid and multi-level scam, and has only been in Australia for two years.

    ReplyDelete
    Replies
    1. I have investigated this company as well. (I'm not a distributor), what I have found, it is a legitimate business and has not deemed to be a Pyramid scheme by any Australian authority re ACCC, ATO, or the Office of Fair Trading. With respect to the name changes, it seems to me that the Owners/ Directors, of Liberty League International decided to go in different directions. 1 being Brent Payne started AVANT and 2 Shane Krider continued with POLARIS MEDIA then changing to POLARIS GLOBAL INTERNATIONAL with new directors re Rachel Oliver, now his wife , as this business expanded. Therefore the Business has really been operating in its present format, very successfully in Australia since around 2001, that nearly 13 years. I'm still investigating to find a floor. (if there is any...).

      Delete
  11. To all those people who are looking for an online home business, do your homework, investigate and use the net to find out as much as you can about the online business you have found to be the for you, because if we as individuals don't do our homework, we will end up losing money that could of been utilised elsewhere, so be careful, be inquisitive and be wise in the decision you make. Yes business is all about taking a risk, but no one needs to scammed.

    ReplyDelete
  12. Well done - thankyou you saved many people and me :)

    ReplyDelete
  13. Yes you need to do your homework on any MLM business. I am a professional Networker and have been involved in the Industry for over 20 years. Any professional Networker knows what to look for in a solid, legal Network (MLM) business. If they don't get all the ticks don't touch them. Anyone out there that wants to know one of the best Network companies around that gets all the ticks then I will let you know which one.

    ReplyDelete
    Replies
    1. i would love to know what you think the best network company is?

      Delete
    2. Is there any "real" online work out there?I
      If you are constrained to the home and would like to make money, are there any options?

      Delete
    3. Yes i too would like to know what you think is th best network company. Most people are genuine in looking for alternative employment and I think it is most disturbing to think that there are scammers patrolling job seeking networks to get a dollar for

      Delete
    4. I too would love to know what you network companies there are around that get all the ticks.

      Delete
    5. I have just been investigating the legitimacy of the 'Polaris group' during which I came across these postings...have to say quite disappointed as I thought this was the one! Thank you for saving me from a huge mistake. I have been looking for a while now and would appeciate any advise or if you could point me in the direction of a legitimate home based online business.

      Delete
  14. Polaris global, formerly known as Liberty League is a Pyramid style scheme which has been running now for a few years. It has been investigated by government authorities in several countries and has been convicted in Arizona USA. In Australia, the New South Wales government has warned potential investors about the company.

    ReplyDelete
  15. phewww.... was so close to buying their product :) thanks heaps

    ReplyDelete
  16. omg....thought I found a way of making money as I recently retired but now after reading all these comments I have decided NO!!!! would like to know though where do they get all these people who say they have made millions in the different countries.....

    ReplyDelete
  17. Cheers, it's good to know people can still be honest about their experiences. I like to look into things properly before doing anything and your post and information made it so simple. Think I will give it a big miss

    ReplyDelete
  18. i have just been contacted by Claudette from Australia and have been told I can make millions

    ReplyDelete
  19. thanks for the insightful information. I was looking at it to help my kids out. I will be looking else where.

    ReplyDelete
  20. Thanks GOD. guys you really saved a lot of people who saved hard for life. I had a feeling that something is not right when I had been contacted by one of those marketers. It proved that I was right. I studied business degree at university and I really think the structure of the this business is not the way to make money. Instead, it is a good way to burn your savings. WATCH OUT EVEYBODY, just be alert and more carefully before you make any decision and most importantly, do not provide any bank details to those "marketers".

    ReplyDelete
  21. Liberty league/ polaris global distributors employ a "fake it till you make it" strategy. This means that they lie about their incomes in order to entice others to join the scam. Hundreds of people have invested considerable money and time just so that the Kriders can pay their $cientology bills.

    ReplyDelete
  22. Just look at MLM in Wikipedia and it will convince you to be very very careful with this offshoot of pyramid selling!!!

    ReplyDelete
  23. Thanks for the info - not sure I would have signed up but you have saved me a few hours listening to the promo. It was nonsensical anyway. I'll keep plugging away with internet marketing.

    ReplyDelete
  24. I was stung by this company many years ago & am still annoyed that I fell for it & was encouraged by a so-called friend. Not anymore! - please beware - I've tried to warn as many people as possible, but hearing that its making the tracks again now, I've come out of my closet to again warn - STAY AWAY - they will try to convince you, that if you aren't earning money, you just aren't advertising enough. Costs big dollars to do what they think you should, & I never earned a cent (thank God, hate to have taken someone else for the terrible ride too).

    ReplyDelete
    Replies
    1. Could you please state what was the sting that stung you. Was it that the product was poor or over priced ??? No Support or training????
      You mentioned advertising how much a month did you invest???
      To make money you would need retail customers, whole sale clients ( Distributors) , and repeat business referrals, like any normal business,that all cost money (advertising). which I believe is a tax deductible expense. I am not a distributor of Polaris Global. would love to know what stung you????

      Delete
  25. UMMMM none of your figures are right. and yes you get your retail commission if you are not qualified as a director.
    And you stating the product is rubbish amazes me - its a very powerful program that puts people on the path to success.

    ReplyDelete
  26. I'm afraid "UMMMM" is incorrect, the figures are actually right. The product is total crap. It costs thousands of dollars for beyond freedom evolution. Your local adult education centre (TAFE) or university will provide much better education for a fraction of the price. Most universities now offer online courses in marketing, finance, new business set-up etc. which are far superior to the polaris rubbish. If it wasn't for the business opportunity ( make a fortune from home Ha Ha) nobody would buy it. And that makes polaris global just another pyramid scam.

    ReplyDelete
  27. Thanks everyone for your comments....yes I too like everyone am looking for something to work towards retirement and work at my day job less. If it's true the Kriders are Scientologists THEN COUNT ME OUT THANK YOU VERY MUCH !!!! Always do your research, I have been burnt before and it was in retail and financial business' by entrepreneurs who give a REALLY GOOD SELL (cos they're the ones making money by taking yours)

    ReplyDelete
  28. I was told to do my DUE DILIGENCE, now sending an email back to say.. no thanks, don't contact me.

    first thing that caused me concern is that you never actually got told what the product was... just how fantastic it was... well tell me then, be transparent, not just all the glory.

    Thank you for this blog post, it is important for the TRUTH.

    ReplyDelete
  29. you are told what the product is: the fact that you don't hear it tells you something about how you live your life: not listening. the BFE is the first year of a 3 year online Master's Degree in Leadership obtained from a UK university ( yes a real one with a campus - i have been there) . So much for those who say the BFE is crap. Additionally there are people who earn tens of thousands of dollars a month in this business. They work their backsides off to do this but they do do it. This is a business people, not a hobby: it takes guts and time and money - just like any business. Just because you work from home does not mean you don't have to spend money on marketing or that you don't have to work long hours: it just means you don't have to drive to an office or a shop everyday. If you are dedicated you can travel and meet wonderful people and have a good life, but you will have to work hard - very hard and you need money behind you to start: just as you do with any business. The company changed its name in 2009 due to a change of ownership. It did not collapse. it has been going since 2001!the naysayer s have been attacking it all that time.But guess what: it is still going!

    ReplyDelete
    Replies
    1. Polaris Global launched in April 2010. A previous company co-founded by Shane Krider and Brent Payne was renamed when a split of the partnership occurred in 2009 and soon thereafter the decision was made to dissolve it. Shane and the co-founders of Polaris Global launched PG in 2010.

      Delete
    2. Surely the university which accredits the polaris crap should be exposed. Why would any reputable institution put its name to rubbish. Please let us know polaris, or is it just another lie, just like their income claims.

      Delete
    3. You are not really told what the product is, you are just told its great. We were going to sign & then the extra charges were revealed. We knew there was a monthly charge of $103.00 to access their online shop, plus have access to a business manger,plus the registration of $49.95, plus to buy the BFE package(either M1 or M7 at either $2500.00 or $6600.00), plus advertising which was claimed to be $200per month, but then you also have to pay $39.95per month for using their website/email address. Rachel Krider claims to have made a profit of $11000.00 on her first day.

      Delete
    4. you guys are nuts. 1. product is way over priced. 2. hidden costs are always there on any online business. 3. you have to wonder, if it is so good, why is everyone not doing it? 4. for the m7 product, you have to get 5 sales in which your director gets the entire profit. your 6th sale is when you start to make money. that in itself is a scam, how could anyone, with a conscience sell a product so highly priced when all they have to do online is research information for free and learn everything. Think about it, krider said he spent so much to time reading about personal empowerment.. where do you think he got this information.? you dont have to buy their product, but any scheme that does not give you up front costs, is hiding something, i am looking into this.

      Delete
  30. Wow, what a great read. Glad i found this page. I have being contemplating starting with PG for a couple of weeks now and I am still sitting on the fence. It is concerning that they don't say which university it is linked to. But i am so attracted to the opportunity of working from home and still making a modest income. I was told that it is not a pyramid scheme because there is an actual product and its not a MLM gimick because it's not just one item with everyone taking a profit along the way. Very confused now. Is there anyone out there who has actually tried this business? what do you have to say?

    ReplyDelete
    Replies
    1. Hello My Name is Rob BARNS I am a Polaris director and would be happy to answer any questions you have I joined on the 18 of August 2013 I promise to give you my unbiased opinion and experience you can contact me direct on 0354322278 or text text me a time to chat on 0423709119

      Delete
  31. my partner has been doing this BFE thing now for about six months.
    She has not made any money out of it and it does not look like it's going to any time soon. She keeps spending money on it and it's now got to the point where l have had it. our relationship is suffering because of it.

    ReplyDelete
    Replies
    1. Unfortunately several others have had the same sort of issue with partners getting involved in the liberty league/ polaris scam. The trouble is that because they have spent considerable sums of money, they find it hard to admit to having being conned.

      Delete
  32. Thank you very much Wanderer for starting this post. I was propositioned recently by a Polaris rep and come across your post whilst doing some due diligence. After reading your post I am still undecided. Nothing any one has mentioned has particularly alarmed me. All businesses exaggerate the greatness of their products and play down their costs. I don't condone it, but now I know the real costs involved I am still not deterred. Also I don't understand how this type of system has a limit. Anonymous on 15 March wrote; "Is this not just a big circle, it must have a limit. Sounds like a pyramid scheme to me." Could someone explain how is this limited? Why is this bad? The main issue for me is I want to know more details about the product (BFE training)before signing up. BFE i.e. personal development training sounds like a great concept to me. But I just need to know more details about the training before I can make an informed decision. Wanderer-you say BFE is a crap training program. Could you elaborate? Next time I talk to the Polaris rep I will be asking for more details of the training before committing to signing up. Otherwise I would just be spending about $2,500 and hoping for the best. Lets keep this blog alive!

    ReplyDelete
  33. "Is this not just a big circle, it must have a limit. Sounds like a pyramid scheme to me." Could someone explain how is this limited?
    It's limited by the fact that not many people are willing to pay thousands of dollars for some unaccredited education just so that thay can sell the same thing to others who will do the same. The essence of a pyramid scheme is that any "products", such as BPE, are only bought by those who want to become part of the business opportunity rather than having a retail component. The people you recruit into the business go on to be your competitors in the fight for new "customers", which makes it unsustainable in the medium to long term. The Polaris bosses actually make most of their income by fleecing their distributors for the monthly subs. Another blogger over at Behind MLM has profiled Polaris extensively and is worth checking out as there are many comments from former polaris reps. Google "behind mlm polaris" to find it.

    ReplyDelete
  34. Thanks everyone for your comments. I find that sometimes when money is tight and something comes along with opportunities to make a better life, it is very easy to get hooked in to programs like this as the start up costs are usually within most peoples credit card limits and therefore easy to convince onesself to give it a go. The reason it's a pyramid is that each individual needs to 'sell' to three people who need to 'sell' to three people. Before you start to earn a decent amount of money you basically need to sign up 3 lots of 3 people ie 9 people. If this isn't a pyramid I'm not sure what is! Having been involved in MLM previously, this is exactly the same concept and yes the company I was with had low cost everyday products with a business behind it. I think if someone really wants to sign up, they need to look at the cost as a one year university course which the government won't fund under the heading 'student loan' and put it down to life experience. Thanks Wanderer for giving me a bit of clean and clear breathing space in which to get some normal thoughts going. Will definetely be saying no!!! :-)

    ReplyDelete
  35. Thanks for the comment about there being involvement with Scientology. I knew that ship looked familiar LOL...It's on the Scientology website...

    ReplyDelete
  36. Thanks for all the information. I had discussions with one of the polaris people called Kirsty and the smell of rodent was extremely strong. Glad I found this article.

    ReplyDelete
  37. An extremely interesting blog, I to have been approached PG and decided to see what the downside was to all the positive and feel good hype. Personally I don't want to be involved with Scientology in any way regardless of the legitimacy of the business. Thanks for helping me decide, as always if it sounds too good to be true then it almost always is.

    ReplyDelete
  38. Yeah me 2, roughly 6, 5 & 3 months ago I applied to 3 ads all of different appearance thinking they were different companies and after unsubscribing to them they still contact me nearly every week, just how desperate are they for that $. Sounded suss when they phoned me and have you checked out the contact persons facebook or twitter pages, 1 girls on facebook every 2 hours and another 1 is just as bad and the stupid afformations quotations they publish, cheers

    ReplyDelete
  39. Thanks guys for all your helpful insight. I'll be giving this one a miss when I get the call.

    ReplyDelete
  40. Just got a call an hour ago, and THANK you for this blog. Its now hitting Southern Africa. I was so close to signing up. I am certainly not letting go that easily on my hard earned savings.

    ReplyDelete
  41. I made the mistake of answering the ad and have some representative hound me to join for the last month, I figure how is it that such a business which claims to be so successful and life changing, needs to "hound" people to sell an "non credible" training programme and have no tangible product. The blog here has enlightened me further, the fact that I have received around 12 email follow ups and several txts, convinces me the money to be made is from "hooking" those gullible enough to join a down line and part with their cash to be "brain washed" and then on sell the concept to other gullible people. MLM is only successful for those whom have the conviction to look past the worth of the product, and have no quarms about taking money off people whom haven't the conviction to say NO it's not something I am comfortable with.

    ReplyDelete
  42. Wow! great blog site. I responded to a job add in Guelph, Ontario on indeed and was contacted by a gentleman who claimed to be in Utah. We spoke for a bit and he sent me to a site to watch a bunch of videos and said he would call me the next day to see if I was interested. Now after reading this I have blocked his call. They claim your only cost is 49.95 to start. I knew it sounded to good to be true. The scientology affiliations is the icing on the cake. I want nothing to do with that evil enterprise. I'm glad that there are good people out there to keep this blog going and keep the public informed of their shenanigans! I probably would still be on the fence right now if it wasn't for this site.Power to the people!

    ReplyDelete
  43. I had three way call yesterday. The girl i was talking with was very upfront about most things. She informed me about the actual costs involved. She also told me that even if i were a qualified M1 director, she'd still be making profit off me. Until i become a M7 director. And of course you have to buy it. But she said if you've bought the M1, to upgrade to the M7 it's $4,000 dollars since M7 is part M1. She also said that she gets 20-25 enquiries a day. The company statistics said that only 1 out of 20 actually turn into potential clients. She mentioned that Shes been in the game for a number of years. Now if i were to start off. I dont think that ill be receiving that many enquiries for a long while.

    Now, I dont even have the funds to begin with. Bit she did mention that when she began, she had to get credit card. So, all this being said. It appears to be a large risk going into this. But, i do believe if you're truly committed to it, like anything, you could make it work in your favour.

    For me personally, I've just found too many down sides to it. And at the end of the day, you're feeding the big fish at the top of the pyramid.

    So really, my advice would be to start up something like polaris. So you're the one at the top, making people make money for you. How you go about actually doing that, is a mystery to me.

    Cheers for the blog
    and to all the positive feedback that has generated from it. It did help me make my final decision in not going along with the scheme.

    ReplyDelete
  44. What's really interesting here is that I found the 'advert' thru a Government Job Board, not what you would expect but maybe that's part of thinking outside of the square, as well as a captive market, and many would be anxious to make any plausible change, given the convergence of tensions that are inherent in these situations.
    The first thing that stood out for me, this has overtones of Amway, and the model is an exact duplicate.
    Having noted that, the ideas that are promoted in terms of Personal Development, are noteworthy, and many find the road and way thru different means, what's better for some is not necessilary better for another.
    Change of any aspect is never going to be found external to oneself - it will always be found within, and any personal development work is continuous. Paradigm shifts are always momentary and emerge post many unrelated triggering events.
    Having said that, there are many out there selling 'inspiration, hope and resolution' that may be a good starting point for your personal adventure, it simply depends on your perspective and view of life at that moment, which serve as a starting point to learning what life is all about, who you are and what you are made of. ‘As above, So below’ - Hermes Trismegistus.


    ReplyDelete
  45. Thank you for this blog.

    I also recently found this ad..I contacted them.

    I felt a bit uncomfortable when I replied to the ad of one person, and received a call from another person, with a completely different website.

    Both websites are full of photos of couples hugging each other, their travel photos, mind you with their great stories, so you feel comfortable.

    I don't think they are dishonest. No. I feel they really made it and it takes commitment and support from both partners.

    I don't believe you can make it on your own though. It will always affect your relationship. That's my opinion.

    I have friends that made it big through these type of businesses.I really couldn't do it, somehow I know a few people. All mind you couples both working together.

    Maybe thats what it takes..

    What I also noticed, that it takes more than 1 year for you to work hard and invest, and invest your time +$

    Well, you have to support your family during this time. Usually its one partner really working and making income, and the other one is continuing to invest. And maybe it will turn out ok, usually a woman doing this MLM thingy- I am very honest here! They will be happy if I gave their names))

    All the power to them. I am happy for their success.

    However its not for me, I don't have the support, and I count only on myself. And I need to make money today, not in 1 year from now.

    I am looking at other opportunities at the moment, I believe God is watching over me. Good luck to all, and please share if you find THAT business we are all looking for)

    ReplyDelete
  46. Hi my name is Ken Guy and I recently made a decision to join Polaris Global. Since this blog contains so many negative comments about experiences with Polaris, I thought I would share a new "insiders" perspective and the 10 point "due diligence" process that I created and used to evaluate over 75 different home based, web based, franchises, MLM companies, Network Marketing Companies and Direct Selling companies. I hope this information will be helpful to your search for the right opportunity. This blog inspired me to write what ended up being four pages about my experience in evaluating Polaris. The blog is too limited to include it all here but I will make it available to anyone interested in both my "due diligence" process and my evaluation of Polaris.

    First a bit about me. I am 67 years old and had been looking for a new challenge and opportunity for about a year. I have had over 40 years in Sales and Sales management in the corporate world, a marketing consulting franchise, an life insurance MLM, a vitamin supplement Distributorship and most recently as an independent insurance agent. My income exceeded six figures every year from 1981-2008 when the economy tanked. Since then I have barely made ends meet and even had to file personal bankruptcy three years ago. A year ago my goal became one of finding something that I could feel passionate about again, make a six figure plus income again and build a retirement income.
    I wanted to be my own boss again and be accountable only to me with greater control over my time and opportunity for personal and professional growth.

    Here's the 10 point Due Diligence Criteria I used:
    1. Business Model- It had to be a Direct Selling Company only
    2. Product- It had to be tangible, easy to convey, a good value and something I could feel good about representing.
    3. Price Point: The product had to be reasonably affordable and competitive with the market.
    4. Company: It had to have experience, proven results, visibility and integrity.
    5. Start Up Costs: It had to be realistic and affordable.
    6. Operating Costs: It had to be realistic and affordable.
    7. Compensation Plan: It had to be simple, fair, and achievable with a reasonable effort.
    8. ROI: It must be able to achieve a minimum ROI of 100%.
    9. Training and Sales Support: It must have a strong and defined training program for the initial start up phase plus on going training and sales support via web based, live and printed.
    10. Goals: It must be an environment that fosters my ability to achieve my personal, business and financial goals.

    I used this same criteria for every company I evaluated. Most did not make it past the first criteria. I narrowed it down to the "Final Five" then spoke further with the person(s) doing the hiring so that we could both answer all of each other's questions to make sure it was the right fit for both of us.

    There are no guarantees in either your personal or business life but you can improve the odds of a successful outcome by knowing what you are looking for and by having specific criteria by which to evaluate your options.

    I hope this was helpful. If you would like to have my full four page 10 Point Due Diligence evaluation of Polaris I am happy to share it with you. Even if you don't have any further interest in Polaris I think the process will have value to you.
    Best Regards,
    Ken Guy
    Owner-Distributor
    Success-For-Life.biz
    kenguy01@gmail.com
    www.success-for-life.biz

    ReplyDelete
    Replies
    1. Hello Ken,
      I very much like your approach to test prospective businesses to do business with. I have read your subsequent posts also - and you have obviously become a distributor. My main concern is that the focus is on generating an income - rather than on the quality of the program itself. If the program is that good - it should fly off the shelf.
      What has been your own experience with getting sales? How many sales have you made? What sort of income has that generated? And how much did it cost you (advertising etc.) to create that income?
      You can email me a response if you like. john@unifysystems.com.

      Delete
    2. I would be very interested in what you found. Please email to me debiowens@msn.com. Thank you.

      Delete
    3. It would be great to know how Ken has done in the past few months. Spent anything?? Made anything??

      Delete
  47. Unfortunately Ken, you have missed a single salient point in regard to Polaris. That is that the customers for the products are almost all people who wish to join Polaris for the "business opportunity" rather than as stand alone consumers. When more than 50% of sales are to these investors the polaris business model is without doubt a pyramid scheme.
    As with all pyramid schemes only the early investors make any money, and that is from the later investors. According to LLI /polaris' own figures, only about 3% of investors actually make any money from the "business"

    A major issue with polaris is that they feel the need to make up their awards. The Telly award which is so prominently shown on all their websites is an absolute joke. No self respecting business would claim to have won one of these. I could buy one myself by entering an old high school essay.

    ReplyDelete
  48. Hi Sillery- Thank you for your comments and opinions.
    My goal was to provide an alternative way to evaluating either a job or a business opportunity and to offer my evaluation of Polaris from an "inside" view. A number of people have requested my evaluation. I hope it helps regardless of whether it changes their mindset about Polaris. What I gleaned from these blogs is that people are looking to improve their financial or personal situation or both. The also need a way to systematically evaluate their options. Polaris may not be a fit and that is okay.

    Regarding the Costs of startup ($2,400) and ongoing costs ($200/mo) presented by the author of this blog. They are pretty accurate and by comparison to over 50 other business opportunities that I evaluated this past year are among the lowest but Polaris is also among the highest for profit potential. I would also agree that you may need to rely on more that just free internet marketing to achieve your goals. I personally budget an additional $500 per month for advertising on the internet plus classified ads. Comparing this to the $2,500-3,000 per month I spent on lead generation when I sold life insurance to get $4,500-5,000 per month in income this is a lot more appealing.

    Regarding Polaris being a Pyramid scheme, I whole heartedly disagree. There are no investors except for the three founders and no promise of a return on investment. It is a simple Direct Sales business model in that it markets a product that has a value, a commission only on sale of the product, and there is no payment of a percentage of commission to an "upline" on an ongoing basis. You have the option to do only direct sales to end users, build a distributorship network or both. It is not banned in any country as being a Pyramid scheme...not even in Australia where most of the initial business started and a country which specifically bans Pyramid schemes. This probably sounds defensive at this point so I will stop. Again I am offering a different view and facts.

    Finally, as with any business not all will achieve their goals. Some will fail, some will attain exceptional results and some will fall somewhere in between. This is a Business Opportunity not a job. You have to invest time and money to make it work. You must also possess the skills and determination to make it work. You must have company support, a good product (which by the way I am using and do not feel that is rubbish), and a sales process that you are comfortable with.

    I wish everyone success on finding their match. I will repeat my offer to provide you with a more detailed evaluation of the business opportunity that Polaris offers using the 10 point criteria that I used.
    Cheers.

    ReplyDelete
    Replies
    1. Very well put Ken, I'm pleased to see that someone is passing comments from actual experences, show them the way, best of luck.

      Delete
    2. I suspect that Ken is actually too nice a person to succeed in fleecing poor gullible suckers. So far his experience appears to be nil, apart from parting with his hard earned money. It will be interesting to see if Ken lasts more than one year in the polaris scam.

      Delete
  49. I wholeheartedly agree with Ken on the issue that people join Polaris only to the get the "business opportunity". As pointed out in the other post on this blog, most 'awards' claimed by Polaris have absolutely no credential. If the beyond evolution product truly worth the 2k price tag, Polaris would never have to go through the current extractive business

    For people who are looking for not only a legitimate but more importantly ethical business, you want others who join to achieve the same success that you do, assuming if you can achieve anything at all. Can you look deep down into your soul and answer 'yes, I am helping them to really achieve their goals and dreams'. Or that is not in your 10 point criteria?

    ReplyDelete
  50. OK Ken I understand your points, but the simple fact remains that your sales of the polaris product, if any, will be overwhelmingly to people wishing to join the "business opportunity". 97% of these people will not succeed in the business and will lose their investment. This to me makes the whole Polaris business model unethical and undoubtedly a pyramid scheme.
    Polaris' target market is biased toward stay at home mothers who usually cannot afford to spend thousands of dollars on cruises and conferences. They would be far better off spending their $2k on a good TAFE course, which will provide a genuine qualification rather than on something which has achieved the stellar status of a "Telly" award.

    ReplyDelete
  51. I appreciate that your question is somewhat rhetorical, but yes part of No. 2 on my 10 point criteria, which is an evaluation of the Product, is that "you must feel good about representing the product". If I didn't I couldn't and wouldn't do it. I feel very good about this product and how it can benefit those who use it to "achieve their goals and dreams". I truly believe in the product or I couldn't represent it regardless of the financial opportunity. I have too much personal integrity for that. I have seen positive results in others both on a personal and a financial level that are using it which is actually what lead me to use it myself and now be a Distributor for it. My goal is greater personal and financial success for myself by becoming a product of the product and for others that use it and the team members that I help to successfully market it. Based on my background I am a big believer in helping others succeed to their abilities and I plan to do that in this business as well. Personal and financial success is all relative to your goals and the effort you put forth to achieve them. Everyone is going to succeed at different levels.

    Besides the product, I have been impressed with the leadership of Polaris, the initial and ongoing training they provide, the technical support and services available and the caliber of other successful associates that I have met. I think that I have made a good career choice and look forward to doing what I am doing every day. Email me if you would like more information or would like to talk more about Polaris or the product. kenguy01@gmail.com.
    Ken Guy

    ReplyDelete
  52. It seems that we are going to have to agree to disagree about the Polaris business model, it's products, marketing methods, and people who work with Polaris as Distributors, myself included. I have tried to offer information that is not posted on this blog based on actual experience in working within Polaris and with actually using their product. I take it no one else on this blog has done either one. There's a big disconnect between what the author of this blog infers and the comments on the blog with that of my experience and the experience of those that have found this business opportunity to be personally and financially rewarding as a career. I have also offered my research and due diligence information as another option for consideration. It's a personal choice whether one avails themselves of this additional information or not. If you have already made up your mind then that's okay. If you still want to learn more then that's okay too. Either way it works.

    Yes not everyone is going to succeed. That's true in every business. The point is that this is a business not a job, regardless of whether you are a housewife or not. We have both situations that are being successful and we have both that don't make it just like in any business. I was in the life insurance business for 5 years prior to Polaris. It is an industry that typically has a 90-95% turnover (failure) rate per year. More importantly is that the top 5-10% earn 80-90% of the income which can be very significant. Would you recommend the insurance industry to someone looking for a career change based on these numbers? These ratios are mirrored in most industries that rely on Direct Sales for their success. It comes down to whether the opportunity and your goals and abilities match up to favor success.

    The Polaris opportunity is not a fit for everyone and visa versa. Based on the due diligence I did I think I found a great career opportunity.

    Is the glass half empty or half full? It all depends on your perspective...and either way works. I prefer to see life as half full because I think it produces more positive results....but that's just me.
    Ken



    ReplyDelete
    Replies
    1. Are you still working with polaris Ken? After five months you must have gained some insights into the company.

      Delete
  53. This comment has been removed by the author.

    ReplyDelete
  54. There is an excellent book by Steve Salerno called SHAM - "How the Self-Help Movement Made America Helpless". I would suggest that any prospective client/ distributor of Polaris should buy this book before parting with their hard earned money.
    Polaris Global and it's former incarnations, starting with Liberty League have had a very dodgy past, including a run in with the authorities in Arizona and several other states of the U.S. It now seems to concentrate it's efforts mainly in Australia and NZ following the involvement of Rachel Oliver, who at one stage produced 80% of Polaris' income.
    Rachel, who is now Rachel Krider following her deposing of the former Mrs. Krider, is an ex Herbalife distributor who has left a trail of financial destruction through south east Queensland. Her husband Shane is really just an old time snake oil salesman who can talk the hind leg off a donkey.
    While you may say these are just personal attacks, the fact is that this is a personality driven industry which is very much based on the character of those involved. So many people have parted with money which they could not really afford, in order to try to reach the heights extolled by polaris. So few of these people have actually succeeded that I would consider it in fact impossible at this stage of the MLM cycle to make any money with the polaris business as it currently exists.
    I first encountered Polaris several years ago. At the time it struck me as having a singular similarity to the practices of the church of $cientology, an organisation with which I had some dealings of an unsavoury nature in the past. It was only later that I discovered that most of the lead characters in Polaris are also deeply involved in the $cientology cult. $cientology runs it's most secret courses on board the "Freewinds", a ship which sails the Caribbean while fleecing the gullible "parishoners" of the cult. Sounds familiar??????

    The Australian whirlpool forum site has done some good work in exposing polaris. A couple of years ago they published a list of around 100 polaris clone websites --wantyourownbiz.com, prosperandgrow.net, thatsfreedom.net etc. etc.-- you know the type. They were all run by so called polaris entrepreneurs and the have just about all crashed and burned.

    So really folks, the record speaks for itself. If you think you can run a successful business based on polaris, then think again before you hand over your cash.

    ReplyDelete
    Replies
    1. This comment has been removed by the author.

      Delete
  55. If anyone is looking for help in finding their path in life, take a look at www.liveoffyourpassion.com (not Polaris). Go through the whole site and definitely watch the Ted X video.

    I have not signed up yet, but it seems like a very good option. Its an 8 week course that is designed to make you find your passion. It only costs $197 and comes with a full money back guarantee. On top of that, the founder is willing to give you a 1 on 1 coaching call free of charge as well as your money back to help you get on the right track.

    Its a hard struggle to find your way, so hopefully this might help some people.

    ReplyDelete
  56. This product has got SCAM written all over it and those that are bitten deserve to be bitten and that how these scams survive. There is always some idiot out there ready to be scammed. If you are thinking of buying in to this scam then you will become one of the statistics

    ReplyDelete
  57. I was just about to join Polaris, but now I know better... Sad, just when I thought I had found THE system that works... Thanks all for your enlightening comments!

    And of course the person speaking well of Polaris does that, because Polaris associates are not allowed to criticize the company or the people behind it, or they're out immediately.

    ReplyDelete
    Replies
    1. LOL - the bit about criticizing the company, that's a Scientology clause, too!

      Delete
  58. My partner became involved with Polaris last year when his business collapsed. They prey on the vulnerable and he has yet to make a cent. I am sure the " training calls" he participates in at 4.30am four mornings a week ( daylight saving)are brainwashing sessions.He has withdrawn from our relationship and will not hear a thing against them. I urge anyone considering this to run away very quickly.

    ReplyDelete
  59. I was seriously considering to join Polaris Global, and now I am thanking my lucky stars for finding this forum! Yes, I agree, everyone would love to have a great life style, financial security, but there are other ways to get there. Often, what seems to be less is actually more, because the life can be enjoyed just as well in so many, easier ways. If you know anything about karma and the way it always finds its way to return to us, then you will be very pleased that you earned your money in a good and legitimate way, and you will feel relieved, for long time to come. Thank you all, this is very, very entertaining. : )))

    ReplyDelete
  60. I just went through 2 hours of researching and watching video and then because I said my interest was only 6/10 I was cut off and not allowed to ask any further questions. That doesn't sound like a person who cares about making a sale..of course people are going to have questions, it's just plain rude I can't believe it!

    ReplyDelete
  61. Hey, yeah, I just had the same thing. Because I wasn't entirely blown away by the profit potential and ready to just dive in, the guy refused to answer any of my questions until I had a higher interest rating, even though he said, and I quote: "Before we continue could I just gauge your level of interest in this opportunity, obviously you have some questions you want answered that will influence this, but at the moment, what do you think out of 1-10?" I said "Maybe 5 or 6, it really upon the answers to my questions as you said." He then said I could not continue until I read back over the website and developed a higher level of interest. I said my questions were not on the website and he just told me to read it again and get more interested before he would talk to me further. Haha what a joke. Obviously I was not gullible enough to continue with.

    ReplyDelete
  62. I was reading a little about this 'scheme', and being the sceptic I am, got the immediate feeling there was a major lack of information in the beginning. I know many people who have been caught up in schemes like this, and they have ALL FAILED. As far as being a pyramid scheme is concerned, ALL businesses are pyramid schemes. They ALL have either one or more people at the top, and all the others underneath them. Governments are the same...so I really don't 'get' why the phrase 'pyramid scheme' is so ruthlessly thrown around. After all, we see it in everyday business anyway.
    Back to PC, I haven't read much but I go a lot on my intuition...and my intuition tells me its no different from any other of these money schemes...and unless the person who contacts you about it, signs you up, then he's not going to make any money.....bottom line.
    There is an old saying that says, 'If it sounds too good to be true, it usually is.'...and people ought to remember that. If it sounds easy, it will not work.
    To make money easily, is to work for it...the hard way. Nothing worth anything, comes easy.

    ReplyDelete
  63. hi people, thanks for all the comments here. was also thinking to good to be true. now I know to rate my interest higher lol and see if I can get all of my questions answered. if there is any queries you would like addressed please do not hesitate to send me a message.not to big a list please. I will post the replies.
    g.2001@hotmail.com

    ReplyDelete
  64. Just been contacted by them today. They posted an advertisment as a start your own business in the job search website. That link takes to a website (different name). The whole things sounds very dubious. Was given a link to a website that showed an introductory video about their "products" and it agrees with everything that the writer of this article said.

    Step 1: Register as a distributor (cost $50)
    Step 2: Purchase a product (your choice either $2000 or $6000)
    Step 3: Get as many people as you can (minimum of 2 to sign up and complete steps 1 & 2)
    Step 4: Repeat step 3 only NOW you make commission (sucker)

    What a load of garbage. Got sick of listening to their video after 10 minutes. There is no way you can reasonably expect to make ANY money using this system.

    ReplyDelete
    Replies
    1. I came across the same ad in a job search website this morning. I replied to the ad and within seconds I received a call from a Polaris Associate Director from Brisbane who wanted to interview me. He sent me an invite to a 30 min. teleconference which was starting in an hour's time. I was intrigued. I dialled in. It was Rachael Krider hosting the call from her home in Evergreen, Colorada.
      There were a dozen or more attending the call from around the world - mostly Americans and Aussies from what I could make out.
      I was sceptical about the ad initially then more so after the immediate phone call to my inquiry and alarm bells started ringing loudly as I listened in to the teleconference. I hung up after 15 mins and searched the web. I came across this blog straight away. Thanks for all who have posted here.
      I will not be wasting any more of my time on this. I wish Ken the best of luck. He seems a genuine guy and he deserves all the success that comes his way.

      Delete
  65. Ken Guy's website appears to be down. I wonder if he has called it quits with Polaris. It would be great to get his opinion. If you read this Ken, maybe you could let us know how it went in the polaris "business". I would be especially interested to know about any $cientology focus.

    ReplyDelete