Introduction to Panvoya MLM Compensation Plan
Welcome back to Notebook Crazy. I am Brad, a lifelong couch potato who enjoys the pursuit of knowledge almost as much as I dislike soul-sucking jobs. Another thing I really like is the Midwest, which works out well for me, since I have lived here my whole life. I decided about eight years ago that I had had enough of mind-numbing jobs that take away your free time and give you very little in return, and so my friend the other Brad and I embarked on a number of business ventures, some of which have turned out better than others. One thing we did notice along the way is that, in the entrepreneurship community, you will find lots of people promoting multilevel marketing (MLM) business opportunities. The other Brad and I actually tried out a few of them. One of them was a nutraceutical MLM, and it left me with lots of credit card debt (before I got mixed up with this nutraceutical MLM, I had actually paid my credit card balance down to zero, thanks to the low cost of living in the Midwest and our culture of frugality) and many boxes of fungus coffee, which are still piled up in my basement. I don’t mind coffee, but I hate fungus. Another MLM we tried was a business tools MLM, and that one was just as bad.
After those experiences, and after seeing the movie The Big Short, which is about a bunch of nerds trying to warn people not to ruin their finances, and after a few drinks at my brother Bryce’s New Year’s Eve party, the other Brad and I decided that we would be the next bunch of nerds to warn people against ruining their finances. I think, on that night, we still wanted to believe that it is possible to make money through MLM, and we definitely still believe that dealing with your own social circle and local community can be a sound business strategy, just not in the way that MLM companies would have you do it. I definitely see my friends of friends and neighbors and former classmates as potential clients and colleagues, but I definitely don’t see them as a warm market.
So why the long blog? Why didn’t I just publish one post that says “Brad and Brad say stay away from MLM” and be done with it? Well, a few reasons. First of all, I am a writer. I like taking things apart and analyzing them. I like things that seem boring until you allow yourself to get lost in their little quirks. Thus, it should not surprise you that my first blog, which I wrote when I was in high school, before projects like these were even called “blogs,” was about British rock music of the 1970s. That blog, Classic Rock Ragnarok, was born out of admiration; I was inspired to write it when I came home from a Pink Floyd planetarium show, whereas Notebook Crazy is a blog born of outrage. Second, I realize that there are people out there who have their hearts set on building a business through MLM, and thus the purpose of this blog is to compare MLM business opportunities to one another. In its way, taking apart the small differences between MLM compensation plans is almost as much fun as analyzing the differences among the various live concert performances of your favorite song.
This brings us to my Panvoya review. When Bryce drove me home from his party around noon on New Year’s Day (I was in no shape to drive home the previous night), and I made my way down the stairs into my pleasantly dark basement, only to be confronted by the sight of a stack of boxes of fungus coffee as tall and overrated as the Alps, I was sure that nutraceutical MLMs were my least favorite kind of MLM company, but the more MLMs I review, the less sure I am of that. The Panvoya business opportunity is a travel MLM. A lot of the MLMs I have been reviewing recently are travel club MLMs, and I can find almost nothing good about them. We will get into the business aspects of the Panvoya business opportunity in a little while, but my first issue with travel MLMs has to do with the fact that most of the people in your warm market have little use for travel discounts like Panvoya products and the offerings of other travel club MLMs. I, for one, don’t even like to travel, unless it is a very low budget road trip or camping trip.
As I was researching this Panvoya review, I started to think about why I don’t like to travel. Part of it is that I am happy here at home in the Midwest, but that is not all there is to it. There are plenty of places outside the Midwest and outside the United States that I would like to visit someday, and I have described some of them here on Notebook Crazy. But a bigger part of it is that I am a couch potato. If you offer me a couch potato vacation, I will go. I planned to start this Panvoya review with a long list of couch potato-friendly vacation spots, but I could scarcely find any information on the subject. Most of what I found was blog posts about how you should stop being a couch potato and do some athletic vacation activity, like skiing in the Alps or swimming in the ocean off of one or another Caribbean island. The best suggestion for a couch potato activity I found was to float in the Dead Sea. Because of its high salt content, swimming in the Dead Sea requires less effort than it takes to swim in most other bodies of water. Of course, given that there are MLMs out there that would have you sell skincare products made from Dead Sea minerals, I have already touched on this subject in another one of my Notebook Crazy posts.
Because travel club MLMs like the Panvoya business opportunity would have you travel to tropical islands, I decided to limit myself to recommending couch potato travel destinations in doubly landlocked countries, of which there are only two: Liechtenstein and Uzbekistan. To my great surprise, I actually found an article in which a Scottish self-proclaimed couch potato recommended a train ride to the Jungfraujoch, Europe’s highest train station, although it is in Switzerland, not Liechtenstein. There must be a mountain train ride couch potatoes can take somewhere in Liechtenstein, and the food in Liechtenstein sounds amazing.
I admit that I knew very little about Uzbekistan before I began researching this Panvoya review, but everything I read about it while researching this Panvoya review places it high on my list of places to visit. First, grasping the fact that Uzbekistan is doubly landlocked requires some understanding of geography. A doubly landlocked country is one that shares borders only with other landlocked countries. Uzbekistan itself borders the Aral Sea, which, like the Dead Sea, is actually a lake. Turkmenistan, Uzbekistan’s western neighbor, borders the Caspian Sea, which is also an inland lake. Based on the pictures on Wikipedia, everything in Uzbekistan is gorgeous, from the mosque in Bukhara to the train station in Tashkent to the colorful embroidered cloths in the markets. Its cuisine seems to be rich in meat and carbs, much like the cuisine of the Midwest, although mutton is the meat of choice in Uzbekistan. Uzbekistan has 14 wineries, so if there are no vineyard tours in Uzbekistan, there should be. Finally, Uzbek classical music consists of long pieces that build slowly and then resolve, with sections based on different musical scales, lyrics taken from classical poetry, and male performers performing for an all-male audience, which means that it has at least three things in common with progressive rock, which is enough for me to like it before even hearing it.
Panvoya: The Company and Its Products
Finding information about the Panvoya business opportunity on the Panvoya website is as big of a challenge as finding travel advice for couch potatoes, so for much of the information in this Panvoya review, I am indebted to the Panvoya review on Behind MLM, which has become one of my favorite MLM review sites. The Panvoya website consists of little more than a sign up form where prospective Panvoya members can enter their contact information. The first question the sign up form asks you is the name of the Panvoya member who referred you. According to the Behind MLM Panvoya review, the founder of the Panvoya business opportunity is Paul Koury, and he has experience managing businesses in the retail and service industries, in addition to having worked with an MLM company called Viradyne. As is the case with so many travel club MLMs (and also business tools MLMs), before you can sell any package of Panvoya products, you yourself have to buy that product pack for yourself. Panvoya products are quite expensive, and the discounts they offer do not look too impressive. There is talk on some Panvoya reviews of Panvoya products getting discounts of “up to 5%” on various travel packages. This is not to single out the Panvoya business opportunity; low quality products are pretty standard in the MLM industry, whether they are vitamin supplements, costume jewelry, business software, or travel discounts. It does put up a red flag, however, that Panvoya members who join the Panvoya business opportunity are in it for the recruitment commissions, not to sell products.
The Behind MLM Panvoya review makes it sound like it costs $297 to become a Panvoya member (at the lowest level), and you still have to pay monthly fees beyond that.
The Panvoya Compensation Plan
The Behind MLM Panvoya review goes into a lot of detail about the Panvoya compensation plan. The leadership levels in the Panvoya compensation plan are Local Travel Promoter, Area Travel Promoter, Regional Travel Promoter, Managing Travel Director, National Travel Director, International Travel Director, Global Travel Director, and Executive Travel Director. Every time you recruit a new Panvoya member, and that new member buys a $297 membership, you get $75, and when you recruit a new member who buys a $997 membership, you get $250. The Panvoya compensation plan also contains fast start bonuses, which are probably the direct motivation for your friends of friends to put so much pressure on you to join their latest MLM project. At the highest levels of leadership, there are “Lifestyle Bonuses,” which range from $1,000 per month for an Area Director to a whopping $150,000 for an Executive Travel Director. Good luck getting any of those bonuses.
Advantages and Disadvantages
- Panvoya products are not nutraceuticals, so people will not try to make you paranoid about your health as part of their tactics to get you to join the Panvoya business opportunity.
- The names of the leadership ranks in the Panvoya compensation plan kind of make sense.
- The travel discounts you get from Panvoya products do not seem to be any better than the travel discounts you get from frequent flier miles or credit card reward points, and those discounts don’t require huge membership fees.
- If your cousin had $997, he would use it to go on a leisurely road trip, or maybe even a plane tickets and hotel vacation, or maybe he would use it as a down payment on a gently used car. He would definitely use it for something that has more value to him than a Panvoya membership.
- To anyone who has dealt with MLM, the idea that you can get a six-figure monthly income in MLM bonuses is an insult, and I am sure your potential recruits will see it as such.
If you want to travel, there are so many more straightforward ways to do it than by joining the Panvoya business opportunity.
Hey, couch potatoes! What was the most gloriously lazy vacation you ever took? Schedule a call with me, and let me know.