- in Reviews by Kirk Whitehead
Is NuLife Ventures Another Health and Wellness Scam?
Let me guess: You stumbled on NuLife Ventures adverts and you are here to find out if it works. You made a smart decision. Statistics showed that the health and wellness industry is among the top ten industries that have been compromised with scams. The ultimate truth remains that if you choose 10 health and wellness products today in the United States, about 7 of them are scam or do not have as many positive effects as advertised.
NuLife Ventures recently made an appearance in the health and wellness industry and has been going viral so far. In fact, I have received over 15 requests in the past 3 months to review NuLife Ventures. I decided to investigate how they work after these requests came in. That is why you are going to enjoy this review. I’m not going to hold anything back. In this review, you will read everything you need to know about NuLife and how it works.
You will learn about the company that owns it and what they do. At the end of the review, you will learn whether NuLife Ventures is a scam or a legit product. Overall, I promise you will find this article very interesting. Make sure you read until the end.
Nulife Ventures Review : Updated 01/01/2021
- Name: NuLife Ventures
- Type: Health and wellness MLM
- Founder: Bill Resides, Bob Doran, and Joey Bird
- Price: $280
- Rating: 1/5
What is NuLife Ventures?
On their website, NuLife Ventures described itself as research development, marketing, and distribution company with a mission to harness advanced technologies, redefine health, and longevity. In reality, NuLife Ventures is just another MLM company that sells supplements and related products. The company also sells hydrogen water machines. Like most MLM companies, NuLife Ventures makes revenue not because of the demand for their products but by getting people to join in their multi-level marketing model.
Who is Behind NuLife Ventures?
To understand whether NuLife Ventures is a scam or not, I decided to take a look at who owns the company. On the website, it is written that the company has its office at 7407 Ziegler Rd, Chattanooga TN, 37421, United States. I have done some research but I have not been able to confirm for sure it the company is actually located here or whether it is used as a front office. Of course, a lot of businesses in health and wellness MLM do such stuff.
Since the name of the owners isn’t listed on the website, I did a little more digging and discovered that the owners include Bill Resides, Bob Doran, and Joey Bird. It is interesting to mention that Bob Doran was also part of the failed pyramid scheme known as North American Power. The scheme collapsed in 2015. All of them live in the United States. The website of the company was first registered in 2016. The company also has a Facebook page as well as a YouTube channel with a couple of videos.
How Does NuLife Ventures Work?
Now that you know what NuLife Venture is and who runs it, it is time to take a look at how it actually works in order to uncover whether it is a scam or legit company.
NuLife Ventures supplies about 8 products that fall into the category of health and wellness. To become part of the company, you will have to join as an affiliate. This means you will sell these products as well as get others to join you as an affiliate and make money through a membership subscription.
NuLife Ventures sells water purifiers which they call “hydrogen water machines”. They have about 4 different purifiers at a different price range. The company claims that these purifiers were products of 10 years of research. In reality, the product is just water mixed with hydrogen molecules. Apart from these purifiers, the company also sells a device that warms the hand. According to them, this product is supposed to promote better blood flow and health.
Other Products Sold by NuLife include:
Avacen Thermo-Therapy: According to the company, this product is supposed to provide temporary relief for arthritis as well as muscle and joint pain. You can use the product without prescription and it is approved by the FDA.
Sedona Face Mask: It is a face mask. However, the company claims it comes with a pulsating magnetic field which helps to circulate blood around the face and also improve the supply of oxygen.
VNox+: This is a supplement. When you take this supplement, it is should offer increased blood flow and helps to treat erectile dysfunction.
To become a member of NuLife Ventures and earn money from the network, you will have to pay the membership subscription cost. It cost $280 to become a member. After you sign up as a member, you still need to get the packages that cost between $100 and $9475. Most of these payments will go to your up-line in the pyramid scheme.
NuLife Ventures Compensation Plan
Most people join NuLife Ventures with the hope of making money when others join the network. You make commissions when you make a sale. They have Class 1 Commission, Class 2 Commission, and Passed-Up Commissions. The higher you go, the more money you make. They also have what they call “Retail Commissions” which you make when you bring a customer to buy wholesale. If you sponsor an affiliate that starts with Avacen Package, you will get a 16% commission. You also get up to 11% commission when your downline makes a sale.
Other available sponsoring commissions include:
- Sponsor an Avacen 100 package affiliate and receive $480
- Sponsor a Business Builder package affiliate and receive $720
- Sponsor an Avacen Pro package affiliate and receive $880
- Sponsor a Practitioners Package affiliate and receive $1120
The Ugly Truth About NuLife Ventures
It is MLM
If you have been following my blog for a long time, you will know that I’m firmly against MLM. The simple reason is that they all crash. It is just a matter of time. I’m yet to see a multi-level marketing business that lasts for a decade. NuLife is just the latest kid on the block. It is getting a lot of buzz. People are rushing in. It is only a matter of time before they run out of new recruits. Certainly, this is not a way to build a business. I would recommend building your own business instead of building someone else business.
The Products May Not Work
Most MLM depends on the recruits to make money instead of the actual product. This is because the products usually don’t work. If the products work as advertised, they wouldn’t need an MLM network. The product will sell itself. When you sell this product to a friend or neighbor, they will hold you responsible if the product doesn’t work for them.
NuLife Ventures is Too Expensive to Join
This is a very expensive MLM. You have to pay a $280 membership fee. This does not cover the cost of packages. If you actually want to make money here, you will need to purchase some of their product that costs as much as $9000. It is a lot of money to gamble with. There is no guarantee that you will get recruits. Like other MLM, your chances of making money without recruiting is almost non-existent.
Is NuLife Ventures a Scam?
NuLife Ventures has so many red flags. The fact that it is an MLM program is enough to scare you away. To be honest, I see no reason why someone should join this program when there are a lot of other online businesses you can start with minimal risk. This product may not be a scam. However, it doesn’t worth the effort. I will highly recommend you avoid NuLife Ventures as well as other health and wellness MLM programs.
Alternative Genuine Business You Can Start Today
Stop wasting your time on pyramid schemes and other “easy” business that does not work. Those businesses exist only to give you false hope and take your hard-earned money. Listen! If you want to make money online, you have to be ready to put in some work. If you can work on your business for at least 2 hours per day, I guarantee that you can build a sustainable passive income that will replace your job soon.
One way to start is affiliate marketing. Anyone can start affiliate marketing from the comfort of his/her bedroom. All you need is determination and the ability to work on your business consistently for at least the first 3 to 5 months. If you can sustain your business during this period, then there is a huge chance that you will succeed. To make it easier for you, I recommend that you check out this program called “Wealthy Affiliate” that I used to build my own business. Tons of other successful online marketers like me also used Wealthy Affiliate to learn and master affiliate marketing.
