Doing due diligence on GanoLife?
It doesn’t matter if you’ve heard about GanoLife just a few minutes ago, last week, last month or last year – before you sign your name on the distributor contract, it is only prudent, as any RESPONSIBLE and SMART entrepreneur would do, to take a close, unbiased (I am not affiliated with GanoLife in any way) look at GanoLife, its product offerings, its compensation plan and…
LAST BUT CERTAINLY NOT LEAST… how to actually market and expand YOUR GanoLife business should you decide to pursue it.
Remember: it is easy to become a distributor for GanoLife, and if you are SERIOUS about making money with it, treat it as a real business.
The sobering truth is that the VAST majority of GanoLife distributors do not make much, if any money because they simply treat their business like hobby or something fun to do… instead of a real business, and they do not know how to effectively promote their GanoLife business.
There is most definitely high earning potential in the GanoLife business opportunity, and that is likely one of the reasons why Robert Hollis Jr., former top earner of competitor, Gano Excel, decided to join GanoLife. The reality is that YOU may as well become the next top income earner in GanoLife, if you learn the right way to promote the business, roll up the sleeves and get busy.
The Small Business Administration (SBA) stated that 95% of all businesses shut their doors in less than 5 years of operation for a variety of reasons, and the reality is that this stat is WAY worse in our industry of home based business (network marketing / MLM / direct sales)…
If you are SERIOUS about learning the real “secret” that differentiates winners from stragglers, then continue reading. This the very thing that puts YOU in the top 2% earners of the industry while the other 98% goes on forever to spin the wheel, again and again… and again, from company to company, with no way out.
But before we get into that, let’s first take a closer look at the GanoLife opportunity.
GanoLife review: Company History
GanoLife’s corporate office is located in Ontario, California. The exact time of the company’s launch is not immediately clear as there seemed to be an internal power struggle in Gano Excel (a competing healthy coffee direct sales company), where both GanoLife founders, Christopher Tidwell and Jovan Cabasag, were formerly employed.
First year sales of GanoLife has been reported to be over $150 Million according to various sources and particularly from a friend of mine and direct sales veteran, Christine Banales Perez.
Ganolife is currently operating in USA, Mexico, Peru, Colombia, Puerto Rico, Dominican Republic, El Salvador, Ecuador, Costa Rica, and Canada. (Website: www.ganolifeusa.com)
GanoLife review: Executive Management Team
Joven Cabasag, Co-Founder
Joven Cabasag, formerly the CEO of Gano Excel USA, has a track record of success in the direct selling profession. According to NPros.com, “The quiet, yet effective approach of Joven has enabled him to build organizations totaling 350,000 members, consistently being in the Top 5 in sales & qualifying him in many companies ‘Millionaire Circles.'”
Besides what I just stated, most of the information floating around on the Internet doesn’t say much about his overall involvement with GanoLife as yet. Perhaps it’s because GanoLife is a very new company, and the pending (ongoing?) legal battle with Joven’s former employer, Gano Excel?
Christopher Tidwell, Co-Founder
Chris was the former CEO of Gano Excel Peru. There is even less information on Christopher Tidwell.
By now you’ve probably realized the close connection between GanoLife and Gano Excel. Whatever happened between the companies is not the focus here. However, as an advocate for the industry (both company side and distributor side), I take Robert Hollis’ decision to migrate to Ganolife from Gano Excel as the top income earner as a sign that Ganolife is going in the right direction, at least from the distributors’ perspective.
Here is my friend Troy Dooly’s video report on Ganolife –
GanoLife review: Product Offerings
All of GanoLife products are enriched with Ganoderma 365, which the company claims as “the most complete ganoderma product in the world.” A line of Ganoderma infused beverages include –
GanoLife Ganoderma 365,
GanoLife Immunalife 365 and
GanoLife Cordyceps 365.
I was also infomred that GanoLife will soon offer ground coffee for those who enjoy the whole experience of brewing coffee, yet want the benefits of Ganolife’s ganoderma 365 enriched products.
GanoLife review: Compensation Plan
GanoLife has created a compensation plan that rewards affiliates for consumption, growing their teams and for becoming a leader in their business!
- Retail Profits: Retail markup between wholesale and retail. Example: $8 profit on a box of Ganolife Latte ($25 retail – $18 wholesale).
- Project Leap: Gano 365 Kiosk. A unique approach GanoLife will be offering the opportunity to place kiosks and vending machines in various locations such as schools, hospitals, malls, school campuses and more.
- Direct Bonus: A special bonus that is only available for Ganolife affiliates who join by purchasing one of the X-Packs.
- Fast Start Binary: Paid on all purchases generated by a new enrollee during their first six (6) weeks in GanoLife
- Residual Binary: This bonus pays 10% to 15% of all BV generated by a potentially unlimited number of affiliates (starting their 7th week in GanoLife and beyond) placed on the “Pay Leg.”
- X-Packs: Refer to the compensation plan PDF. This one is a bit more involved.
- Master Bonus: Special bonus for Diamond and above affiliates.
- Global Leadership Fund: Special bonus pool for Triple Diamond and above affiliates.
Check out the compensation plan and see for yourself how you can start to earn at: http://www.ganolifeusa.com/Downloads/220.127.116.111361276799.pdf
GanoLife review: What To Do NEXT?
Although GanoLife is a “new” company, the executive and field leadership are made up of industry veterans with a track record of success. It seems to be a very reliable business… and in fact, I believe it has the potential be become one of the top healthy coffee direct sales companies.
But as I mentioned in the begging of this review, there are a few key common denominators that will affect the outcome AND income of YOUR business regardless which network marketing / direct sales business opportunity you decide to join.
GanoLife is no different.
The typical company pitch from corporate or leaders usually talks about the compounding effects of a penny doubling every day…
1 > 2 > 4 > 8 > 16 > 32 > 64 . . . > over 1 MILLION distributors
If you sponsor just 2, who sponsor 2, who sponsor 2, etc.
Yes, compound growth IS indeed a powerful concept and it does work! And what we have to realize is it rarely works out like how it is presented from stage… and that is because we are dealing with human beings, and human beings are complicated animals 😉
Sorry to burst your bubble… but there IS hope.
The reality is that for duplication to actually kick in in a big way, you need to sponsor around 100 people in the life of your career with a company to see significant results, say, an additional $100,000 or more per year.
So let’s say, you sponsor 100 people, anywhere from 5-15 people will actually duplicate and sponsor additional affiliates or customers and the rest of them are most likely just product users who do not share the products or the business opportunity with others.
Once you sponsor enough people, then it’s all about your team’s culture and leadership to develop and keep the people there.
This means, LEADS… or the SIZE OF YOUR LIST, and the quality of the relationship you build with that list is the name of the game.
I personally learned this the hard way myself in my first network marketing company where I sponsored around 30 people personally which grew to a team of roughly 120 people that yielded a decent business that produced, in average, $2,500 a month. It was NOT the 6 people my upline mentors had suggested. It was 30 people.
And then I learned the art and science of online lead generation, and it changed everything.
Today my business (not GanoLife) brings in as much as $24,700 in monthly income while I work no more than 20 hours per week in my business.
There is a simple, 5-Step proven formula that my business partner Rob and I have used to create EIGHT different 6-figure and multiple 6-figure businesses online since 1997. In my first network marketing business, I used this formula to generate over 2,000 paying customers who were responsible for $460,000 in sales… all on autopilot.
I would like to the only system I recommend for generating leads for your business so you can bring in more traffic, leads (i.e. real people) , sales and an exploding team in your GanoLife business.
Thanks for your leadership,