Today we will be reviewing an organization called Noonday Collection. Is Noonday Collection a fraud? Find out in this Noonday Collection review.
I know so it has crossed the mind before that running your own personal business is much more rewarding than having to benefit someone else. However, I bet that what's been stopping you from building a small business is how much the capital is. Even the smallest businesses require a large number of dollars in capital.
I suppose the prospect of to be able to run your own personal business is what brought you to the Noonday Collection review today. After all, the sales pitch of the hunbot who brought you here today sounded impressive, didn't it?
As you continue reading this Noonday Collection review, you'll notice just how inverted reality is from what they described to you. If you should be convinced that joining this MLM guarantees your financial success, then I declare that you continue reading in order to find out about this company. Relax, relax, and grab some popcorn, when you are in for quite a ride.
Before we go further in this Noonday Collection review, I will define two terms first: MLM and pyramid scheme.
MLM members generate income by selling products and recruiting new members. In pyramid schemes, members could only generate income by recruiting people. Pyramid schemes are illegal and banned by the FTC.
As a disclaimer, I am not associated with Noonday Collection in any way.
Hopefully this Noonday Collection review might help you select whether you wish to sign up for the business or not.
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What Is Noonday Collection?
There's a small business opportunity side and a philanthropy side with this MLM. It works together talented artisans around the globe to make their jewelry and accessory products which for me personally is a great thing.
Noonday Collection is owned by Jessica Honegger who started the company in 2010. Per year later, she introduced the Ambassador Program which allows people to offer and recruit.
They are a member of the Direct Selling Organization and has an A+ BBB rating.
With an organization like Noonday Collection , you'll either be inclined to become listed on because you find potential in these products or because you're amazed with the charitable cause.
But when you really want to generate income online, you've to see some proof and solid evidence to convince you this is worth your while.
Is Noonday Collection A Pyramid Scheme?
MLM's get a lot of hate...
A lot.
The reason being this industry is packed with scammers and horrible business practices. Also, a lot of individuals have lost money in these companies and it's left a collective sour taste.
As a result of this vitriol a lot of MLM's have the pyramid scheme label put in it once they don't deserve it Go Here.
You see, pyramid schemes are illegal in every area of the world and looks entirely like the next:
The picture above happens when the only path to generate income has been recruitment (either there's no real product or service/the product can't be sold without recruitment).
Noonday Collection has real products and you are able to sell them without recruitment. So Noonday Collection certainly isn't a pyramid scheme.
It does have elements of one because you are monetized for building a downline but that's much different than as an illegal pyramid scheme.
Is Noonday Collection a pyramid scheme?
To answer this question we need to know just what a pyramid scheme is.
What is a pyramid scheme?
A pyramid scheme is a form of scam where folks are promised money for joining the scheme and recruiting other people. No selling of a product or service is involved whatsoever.
So you may be wondering where the amount of money originates from?
Individuals that join are expected to pay a one-time fee and as a swap for that, they get a share of the fee of everyone they recruit after that.
The problem is from a mathematical standpoint it's impossible for anyone to generate income because you just go out of people.
Have a look as of this picture below showing how it's impossible for anyone to earn money.
As you can see, in this pyramid model it's required to recruit 6 people. You'll notice from the 12th level and further, it's extremely hard anymore for anyone to earn money.
The 2.2 Billion people on the 12th level need 13.1 billion recruits as a whole for all of them to generate income which will be more people than there are on Earth.
Taking a look at the description of just what a pyramid scheme is, The Noonday Collection can't be classified as a pyramid scheme from a legal perspective. The Noonday Collection sells products and has given people a method to generate income without recruiting people.
That being said, there definitely are definitely several unanswered questions that produce me worry. Read further to learn what I mean.
Final Opinion/Verdict
In conclusion, I possibly could say that Noonday Collection is a legitimate MLM opportunity that could provide a fairly decent income opportunity. Its charitable works are even commendable and praiseworthy.
However, as an MLM opportunity that focuses more on sales, it still encourages recruitment. And without income disclosure statement and compensation plan made available, places it at a disadvantage, this is exactly why I would not recommend you joining this opportunity. Transparency is vital I possibly could say in any business opportunity.
Being as well a saturated niche, you would need to work hard and innovate strategies in order to boost sales. So better skip this platform.