World Financial?

[A790]

I'll add a bit more..

Mr. Vince Smith will reimburse your initial investment if you become licensed within 30 days. So, the idea is that you sign up, study your ass off, write the test... and pass. If you do this within 30 days, he writes you a check and off you go.

Each time you go to a "Business Presentation Meeting (BPM)" as an associate you either will attend a series of classes or the actual main meeting held by one of the bigwigs of the company (Smith or otherwise). The presentation is pretty much focused on creating "MOZONE" which pretty much is designed for the sole intention of recruitment.

If you thought it had anything to do with investment advice... think again

Each associate is required to run a certain amount of points per month and recruit x amount of new associates in order to be promoted up the ranks where they receive higher commission percentages and bonuses.

Product knowlege? What the fuck is that? They don't focus on training you in that area at all. When I asked when I would be learning about that I was always, and I mean ALWAYS, told that recruitment and building my "base shop" was more important than selling the actual products. Since each new agent is required to to their "Financial Life Strategy (FLS)" you get the sale with every recruit anyways... so yea, who gives a damn about selling insurance to every jow blow... just recruit the saps.

I speak with a fair bit of bitterness as my experience was really not great or bad... but it was involving and finally quite irrating.

If you decide to attend a meeting, or even get into a conversation about them with an agent, you can most certainly expect a massive sales pitch, whilst at the same time they are trying to establish credibility for themselves. Ignore them... sure, they sponsor this and they are one of the top selling insurance firms in the country, but that's based entirely on their MLM model.

Melaluca is also one of the largest distributors of wellness products in the world... to their sales people. Quixtar sells tons of shit... again, 89% to its sales people.

I realized that the only way to get rich with an MLM is to get in the day it opens, or to open it yourself.

Hope this helps someone. Any questions... fire em away

[SneakyNeek]

WGI is a big joke man. serously i was taking my defensive drivers coarse at Alberta Professional drivers school or somthing like this and they actully took a half hour out of the coarse to bring some brown town from WGi named binder binder to give a presentation on it. Dont go to this drivers school they cant spea english and give false information that a 12 year old kid even knows is rong

[A790]

Originally posted by SneakyNeek
WGI is a big joke man. serously i was taking my defensive drivers coarse at Alberta Professional drivers school or somthing like this and they actully took a half hour out of the coarse to bring some brown town from WGi named binder binder to give a presentation on it. Dont go to this drivers school they cant spea english and give false information that a 12 year old kid even knows is rong

What does that have to do with World Financial Group?

[bspot]

Guys... they have a Nascar. It must be legit.

[B17a]

Originally posted by Akagi Redsuns


Reading this thread gave me a huge dose of deja-vu. After some digging I came up with this thread. Interesting.

http://forums.beyond.ca/showthread.p...threadid=72123

I knew I heard this WFG sales pitch before.

So I read this old thread and I'm really curious what Enrich's position is now. he did say early in this current thread its a scam which is a complete 180 from the 2005 thread where he was religious about it. I would love to hear the gory details of what he saw in his time there to make him change his mind.

[5hift]

I just find it funny that Yohan mentions all these great things the company does for people in the US, and all the things they sponsor in the US, but when someone asks him about shady practices they have in the US, he says oh well thats the US and were in Calgary.

So when it benefits you , your connected to your American Branch, but when they do shady things, your not associated with them?

[SneakyNeek]

Originally posted by A790


What does that have to do with World Financial Group?

i meant WFG sorry just miss-spelled it for some reason

[EnRich]

Originally posted by B17a


So I read this old thread and I'm really curious what Enrich's position is now. he did say early in this current thread its a scam which is a complete 180 from the 2005 thread where he was religious about it. I would love to hear the gory details of what he saw in his time there to make him change his mind.

My view has changed cause I know they’re a bunch of fucking crooks. Before I go any further however, let me say one thing, I have been in the sales industry for over 6 years. I have apprenticed to two multi-millionaires, and I have made a ton of money in related fields. Weather it be through sales contracting, Calcana, or other companies I have made like Crystal GraphicX, I have never met such talented salesmen. These guys know what their doing, and they do it VERY well... They will tell you exactly what you want and need to hear in order to get you hooked. I was hooked, I'll be honest. I've never been sold into believing something so hard. The guy that recruited me basically came off as a retired 35-year-old multi-millionaire. He recruited me at my local gym, he must of been scouting it because his pitch was so beautifully crafted, it couldn’t have been more perfect (read below). This is what happened, heres the story you all want to hear.

I was working out with a fellow beyonder. We were talking during a break, he was asking me how I could afford such a nice car at my age, and still be able to take myself through school (I was 22 years old). I told him I was a professional sales contractor, who contracted my expertise to companies who needed professional sales people in their company. The guy in front of me turned his head, and asked me. "So your in sales huh" and started asking me questions, really friendly like. I liked him because he was like me, so upfront and straight up. He told me about how he made himself into a millionaire in only 4 short years. How he dated and fucked porn stars in vegas, we talked for a while, we got really personal. I was going along with what I thought was alot of BS, till I saw his girlfriend. She was the hottest girl I have ever seen working out at Golds, Canyon meadows. Everything about her was just, wow. How the fuck does a 35 year old man, with a kid, divorced, get a 23 year old goddess like this? I thought, wholy fuck this guy must be for real, and I started taking the conversation seriously. He took me to one of those meetings. Get this, they asked him to do the final speech; he totally came off as the owner. Turns out he was the "squad leader" or whatever the fuck you call the head guys in that company. The speech he made truly dazzled me. I've heard multi-millionaires talk, and train me in the ways of business. This guy sounded exactly like em, except better... He knew what he was talking about, and he kept calling me and introducing me to everyone as "the new star." No doubt I was in a hurry to start selling and recruiting. As a matter of fact, within 2 weeks of knowing him, partying with him, where he was taking me out for expensive drinks and parties, where I was meeting fucking beautiful girls, I thought it would be just a matter of time before I had all this. I told myself, fuck, if I can get this product down, I could outsell everyone. Anyways within weeks, I had brand new recruits (including Ben, who you all know) and alot of other "quality" recruits who seemed eager and willing to learn. They were waiting, ready with their own customers, waiting for me to the lead the charge. I also had customers up the fucking ying yang. I had 3 new customers who would buy into the product every week, so not only did I have new quality recruits, I had customers who were eager to buy in. I had even made up my own sales pitch for them. I told ppl something along these lines. "Beautiful house, your mortgage payments must be huge, have you found a way to write them off?" There wasn't a customer who didn't fall for this line. There was no doubt I was working this system hard. I took my guy to meet all the new recruits, so I could listen and learn his pitch as he tried selling the recruits. (This is where it gets sleezy). I took him to all my customers, so that he could sell them for me, (I wasn't licensed). Some weeks I was making $3000 - 9000 a week, because I had ppl signing up their homes, $250,000+ dollar deals guys. And I could bring in minimum 3 a week. It was a little unreal. Now I think, what if the markets crashed? These people would lose their homes… I remember this one time, I had brought all new recruits out, they were ready to go to a party the guy had invited me to. It was at a bar, where they came to regularly. We all got drunk, there was like 9 of us. At the end of the night, when everyone had left and it was time to pay the tab, my squad leader had left his wallet at home. So I paid the 800 some dollar tab. fuck it, even though he was supposed to, fuck I was making large now right? Turns out after that night, I never heard from him again. All my commissions were unpaid, and I was stuck with this fucking fee to get licensed. You mother fucker.. As it turned out, I started looking through the Internet, type in "wfg scam" into google, and you'll quickly see what I found. These cocksuckers use new recruits, like me, like you, as lead generators. Once you've fed them enough leads, they take what they can, like vultures, then fly away. Luckily I didn't sign up any of my family. But that’s basically what they’re looking for. They want you to sign yourself, your family, and friends. When the leads are dry, they basically fuck off... 8 months later he calls me up, basically asking me for more quality leads, I told him to fuck off, and told him if I ever caught him again, I would tear him apart limb from limb. Heres the funny thing. I had another recruiter try to get me. Shes a friend of my dad's. She had already heard about me, and wanted me in her group. She came off saying they fired the first POS and were re-structuring the company. I told her what happened before (trying to be nice to my dads friends) and she assured me that would never happen if I worked for her, and how she gets her commissions to her ppl right away, blah blah. What really put a bad taste in my mouth is how conniving, how annoying, how slippery these people can be to try to recruit you. In the end, fuck my money, money comes and goes, besides I had a good time at that bar, even though I paid for everyone’s tab. Its how these snakes recruit people. I mean fuck, they’ll recruit people fresh off the boat that can’t even speak English. Most of them are fat fucks, with no respect, no regard, for you or anyone around them. FUCK YOU WFG. Scamming fucks. Gotta hand it to them, their good at it…

[B17a]

Thanks Enrich for being so open about it. I guess you live you learn.

[A790]

WFG is no different than any other MLM, period.

If you can do MLM's, you'll do well at WFG.

[1andonly]

My first long post on Beyond...

My girlfriends’ brother asked us if he could do a presentation. I refused the meeting and knew right away that something was up since he was all secretive about it.

Last night he came over to our house with this jackass WFG guru. This guru gave us the speech similar to what yohan4ws said on page 2 to almost word for word. Anyways, this fat fuck started out with saying how he lived in the ghetto in a room with 19 people and his family worked so hard to ensure that he’s got a good education with good jobs and blah blah. But apparently that was the old way of doing things and many people are in debt because of this concept. He says that WFG changed his life. He’s been in this for 3 years and is apparently making boat loads of money. He’s got flexible hours and enjoys his lavish lifestyle.

He made it sound like we were chosen and it was an opportunity of a lifetime. They wanted us to attend some sessions and invite anyone we knew so that we could help my girlfriend’s brother out to get him started.

I don’t mean to sound bitter about this but I just hate it when someone makes false promises and uses us by going through family. Yes, it does take hard work and dedication to be successful at this or anything for that matter....but for fuck sakes, WFG?

Anyway, I’m glad I went on here to check this bullshit out...you guys are awesome!

[yohan4ws]

Heheheheheh .. I wish I got in there before they got a bad rep, the top guys are making tonnes of cash off of non-compliant life insurance sales and leverages.

I'm in my 3rd year at a REAL financial firm, it was a great way to be introduced to the industry and to learn about business and being self employed, but it certainly (in my opinion) is not a means to an end nor a place to plant a flag for a lifelong career.

[Gainsbarre]

I have to bump this thread to post my experience.

They first contacted me -- twice in late 2004/ early 2005 after having seen my resume posted in a resume book on the U of C's Haskayne Career Centre site. I'm sure that one of the big reasons why they no longer post resumes of BComm/MBA students on the website is because of companies like WFG.

First contact, WFG person mentioned something about an "interview" at the Blackfoot Inn (wtf?) and that they'll be "lots of other people there". Big red flag for me, so I passed, and quickly did some research and discovered all this. It was also around this time that the Career Centre sent out an email to all Haskayne students warning us about WFG's practices and reminded us to do our due diligence. Different WFG woman called me with a similar proposal a few months later, again after having seen my resume posted by the Haskayne Career Centre -- I chewed her up for a good 15-20 minutes and she was in tears by the time I was done with her

Third (and fortunately thus far, final) contact with somebody from WFG occured in March-April 2006. I got a random email from some guy who obviously fancies himself as a big swinging dick -- "I am a business man", "[email protected]", "My secretary who checks my email was very offended" (this AFTER mentioning in his initial email that "this is my personal email"). I was pretty fed up with being contacted by WFG at this point so I minced no words in telling him to fuck off . Joel Lockwood (then VP Op Fi for the SU) basically told him the same thing, albeit in a more tactful manner

I've blanked out the name of the group below, but otherwise this was the last time I heard from them.

---------------------------- Original Message ----------------------------
Subject: Re: Comment
From: "VP Operations & Finance" <[email protected]>
Date: Mon, April 3, 2006 1:32 pm
To: [email protected]
Cc: [email protected]
--------------------------------------------------------------------------

Dwight,



I apologize for the response you received from XXX, it certainly is
unprofessional. However, there is little I can do if the club wishes
not to do business with a multi-level marketing firm.


It's interesting: just a few months ago a friend invited me to a WFG presentation as he was contemplating starting "training". I'm glad I was able to enlighten him to how your organization works, and why he shouldn't be involved. Probably saved him hundreds, or thousands of dollars too.

I'll kindly remind the club that as ambassadors of the University of
Calgary, they should endeavour to respect all those that come in
contact with them.


Thanks,

Joel Lockwood

Vice President - Operations and Finance

University of Calgary, Students' Union

MacEwan Student Centre

251-2500 University Drive NW

Calgary, AB T2N 1N4

p: (403) 220-3907 f: (403) 284-1653


wrote:

Hello Joel,
Alex Vyskocil referred me to you. I am a business man who
recently contacted via email XXX Club at U of
C to talk about possible partnerships. The reply I received from
whomever checks the email of the club was very rude, inconsiderate and
full of awful slang language. My secretary who checks my email was very
offended. I do not feel that a club of the calibre that this one should
be operated with such poor manners. I wonder if the corporate sponsors
of this club know who they are really dealing with. I would like to
lodge a complaint about this.

Below I have inserted my original email as well as the reply
from XXX. Please let me know what course of
action I may take. Thank you
-Dwight Bullock

>>>>>>XXXREPLY

Go fuck yourselves and take your goddamn amway ponzy schemes
else where
you

lowlife scum.


>>>>>>MY EMAIL

> Hello XXX,

> You have done a very good job on your web site, it is
informative
as

> well as impressive. I represent a company in the financial services
> industry, an aging industry that needs to be revitalized. You may
have

> heard of our company before - World Financial Group. It interests
me
to

> become involved with your group, I would like to help graduates
> understand the possibilites that are available to them both in my
> industry and in my company. Please let me know if I could be of any
> assistance to you. This is my personal email, looking forward to
your
> reply.

> -Dwight Bullock

[Ferrari888]

I was in it for a while, what a waste of time. I was very disappointed that huge companies like this exist.

[gkAeris]

just got approached...sigh when do people learn?

[7thgenvic]

It's so funny that this thread just came up again. I was just on a flight to Toronto this past weekend for work. I always hope that I don't get stuck beside a chatty kathy who is going to disturb my work or reading on the plane. Nevertheless, as I open my CFA books to catch up on some reading i get a poke on the shoulder. The young fellow sitting next me to starts asking me questions about what I do and continues to tell me that he is heavily involved in the "financial service industry."

As the plane has yet to take off, I politely give the guy a open ear. He soon mentions that his father and brother are some sort of brokers with a huge office in the NE and begins telling me his story. I never finished University, as it wasn't the right route. blahh blahhh blahhh.

He then tells me that he is a associate for for World Financial. RED FLAG.

Story continues about how 'I leverage financial instruments and consolidate debt for those individuals struggling with money problems..."

BLAHH BLAHH BLAHHHHH

I've never heard such bullshit in my life from such an uneducated moron.

I still don't fully understand the context of WFG, but he 'ensured' me it was not a pyramid scheme and that he is doing extremely well.

VENT* Rant*

I feel TERRIBLE for people who get sucked into this shit.

[atomic]

This is my WFG experience...

i lost a close friend who had self esteem issues to their cult. he quit his 75k/year job at a reputable software company 4 years ago for WFG.

in the past 4 years, i watched him alienate himself from friends who cared by harassing them to "support his business". he's sold his car, most of his belongings. he lives in a dirty unfurnished townhouse with a few other WFG members.

in a way, i'm glad he found ppl who care for him. the office he belongs to seems to have a supportive group of members. he must be getting the emotional support he needs because they do everything together.

approx 1 year ago, i had lost him as a friend by confronting him with the financial position he is in. his debt multiplies annually as he waits for his "big break". his life is on hold as he doesn't have the financials to do much. i care for his happiness and future and wanted him to see the financial position he is in. he recognizes it, but the emotional support of the wfg cult seems more important to him.

he does a bit of road travelling to "conventions" with his fellow cult members. they pool together funds to make it happen.

so, maybe he really is happy? maybe this is the type of people he's always needed. it's sad to have him out of my life. but i'm happy that he's happy.

there were difficulties dealing with him over the 3 years of WFG while trying to maintain our friendship. before WFG, we would hang out as friends. but once WFG set into his personality, hanging out turned into a business sale. he would use different attempts guilting me into "supporting his business", as he would say.

he would use our friendship to try and guilt me into attenting WFG events. everything from Board Game Nights (wfg has their own board game)... To Paint Ball... To Wing Nights... To just going out to the bar on a Friday night. they try to live a life they don't have. they act like big-shots while their pockets and bank accounts are empty. and they try to sell you on that image so you will get involved.

Writing this makes me sad, because he was one of my best friends since 1999.

toma, there are a few of the "ring holders" in calgary. i've met two of them that my friend deals with. one, seemed to have actually made some good coin since he started the office along time ago.

the other, is a very sad case. his wife had an inheritance from a family death. they had purchased a condo with the money and mortgaged the property to invest into wfg. his hope is the investment return outweighs the mortgage interest, and over many years it will make him a profit.

this "investment" has put their family in a difficult financial position, but his large investment got him a WFG ring. he uses the ring to recruite kids while talking about babyfood and mattel.

his wife's love is strong because she stands beside him. she is friends with someone i know, and WFG is a burden on their friendship also.

sadly, this family man is one of the ones wearing the same suit everyday and recruiting skinny young spikey haired kids.

poor guy bought an older used Audi A4 1.8t and couldn't afford it. kept filling it with Regular 89 octane fuel to save money. this is a man with a child and wife! a family man who's too mentally weak to get a real job to support his family. his wife works, he doesn't.

so, my ex-friend gained some emotional support from the group. however, the family man is affecting his family from his wfg involvement. there are good and bad affects on people from its Cult-Like effects.

my observation from experience is run.


PS, i need to add this additional part. they encourage their cult members to create a "life board". they cut pictures from magazines of items they want to own and pin them to the "life board".

i went to my ex-friend's house one day and sat on his dirty couch and watched the 480p plasma tv he had stolen from his ex. i looked over at his "life board", there was a picture of the earth.

how's that for brain washing and taking advantage of weak souls?

[2000impreza]

Originally posted by atomic
This is my WFG experience...

i lost a close friend who had self esteem issues to their cult. he quit his 75k/year job at a reputable software company 4 years ago for WFG.

in the past 4 years, i watched him alienate himself from friends who cared by harassing them to &quot;support his business&quot;. he's sold his car, most of his belongings. he lives in a dirty unfurnished townhouse with a few other WFG members.

in a way, i'm glad he found ppl who care for him. the office he belongs to seems to have a supportive group of members. he must be getting the emotional support he needs because they do everything together.

approx 1 year ago, i had lost him as a friend by confronting him with the financial position he is in. his debt multiplies annually as he waits for his &quot;big break&quot;. his life is on hold as he doesn't have the financials to do much. i care for his happiness and future and wanted him to see the financial position he is in. he recognizes it, but the emotional support of the wfg cult seems more important to him.

he does a bit of road travelling to &quot;conventions&quot; with his fellow cult members. they pool together funds to make it happen.

so, maybe he really is happy? maybe this is the type of people he's always needed. it's sad to have him out of my life. but i'm happy that he's happy.

there were difficulties dealing with him over the 3 years of WFG while trying to maintain our friendship. before WFG, we would hang out as friends. but once WFG set into his personality, hanging out turned into a business sale. he would use different attempts guilting me into &quot;supporting his business&quot;, as he would say.

he would use our friendship to try and guilt me into attenting WFG events. everything from Board Game Nights (wfg has their own board game)... To Paint Ball... To Wing Nights... To just going out to the bar on a Friday night. they try to live a life they don't have. they act like big-shots while their pockets and bank accounts are empty. and they try to sell you on that image so you will get involved.

Writing this makes me sad, because he was one of my best friends since 1999.

toma, there are a few of the &quot;ring holders&quot; in calgary. i've met two of them that my friend deals with. one, seemed to have actually made some good coin since he started the office along time ago.

the other, is a very sad case. his wife had an inheritance from a family death. they had purchased a condo with the money and mortgaged the property to invest into wfg. his hope is the investment return outweighs the mortgage interest, and over many years it will make him a profit.

this &quot;investment&quot; has put their family in a difficult financial position, but his large investment got him a WFG ring. he uses the ring to recruite kids while talking about babyfood and mattel.

his wife's love is strong because she stands beside him. she is friends with someone i know, and WFG is a burden on their friendship also.

sadly, this family man is one of the ones wearing the same suit everyday and recruiting skinny young spikey haired kids.

poor guy bought an older used Audi A4 1.8t and couldn't afford it. kept filling it with Regular 89 octane fuel to save money. this is a man with a child and wife! a family man who's too mentally weak to get a real job to support his family. his wife works, he doesn't.

so, my ex-friend gained some emotional support from the group. however, the family man is affecting his family from his wfg involvement. there are good and bad affects on people from its Cult-Like effects.

my observation from experience is run.


PS, i need to add this additional part. they encourage their cult members to create a &quot;life board&quot;. they cut pictures from magazines of items they want to own and pin them to the &quot;life board&quot;.

i went to my ex-friend's house one day and sat on his dirty couch and watched the 480p plasma tv he had stolen from his ex. i looked over at his &quot;life board&quot;, there was a picture of the earth.

how's that for brain washing and taking advantage of weak souls?

Lol. Your buddy is pretty pathetic if this story is true. I would imagine someone making 75K/year would have the brains to make smarter decisions than that.

[atomic]

Originally posted by 2000impreza


Lol. Your buddy is pretty pathetic if this story is true. I would imagine someone making 75K/year would have the brains to make smarter decisions than that.

ex-buddy.

you'd think so, but apparently the cult-like atmosphere of that place provides him with the emotional support he requires.

[D. Dub]

Originally posted by Canmorite
RUN as fast as you can.

...and then run faster and further.