- Report: #446653
Complaint Review: Nouveau Riche
| Nouveau Riche
Scottsdale, Arizona U.S.A. |
|
Nouveau Riche DECEPTION AND LIES, NOT A TRUE BUSINESS OPPORTUNITY Scottsdale Arizona
*UPDATE Employee: Clarification
*UPDATE Employee: Clarification
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We know at least dozens of people of who got kicked out of this company for one reason or another. This is not a true business opportunity. For you ultimately have no control or saying over your business.
They claim the opportunity to build residual income on marketing side, and leveraging other people's time. This is false. We know people who built substantial business in marketing and they got kicked out of the company and they lost all their residual income and everything they have built.
Anonymous
Salt Lake City, Utah
U.S.A.
This report was posted on Ripoff Report on 04/26/2009 12:41 PM and is a permanent record located here: http://www.ripoffreport.com/r/Nouveau-Riche/Scottsdale-Arizona/Nouveau-Riche-DECEPTION-AND-LIES-NOT-A-TRUE-BUSINESS-OPPORTUNITY-Scottsdale-Arizona-446653. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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Search TipsSecond, the report made mention to residual income. Nouveau Riche does not offer residual income. The only thing that could possibly be conceived as residual income is if someone happens to finance their education through Nouveau Riche's financing program. In this case, the ISA is given their commission over time as opposed to receiving it in one lump sum- they get their commission paid as the company receives their payment. If a person is terminated with the company, they forfeit their right to receive the commission of what would have been "certifying sales" for those individuals they brought in. In this case, I believe but may be mistaken, this money is given to the person that brought in the individual who had been terminated- Not to Jim Piccolo. Nouveau Riche operates much like an insurance company, we get the commission for a certain number of sales of the people that come in below us (this concept is difficult for me to explain in writing- I do much better with a paper to diagram it out). Again, though, this is a one time commission earned off of one sale, not money that will be received time and time again off of doing the work once.
Finally, you can make a substantial income with this company, but like every other legitimate work from home opportunity, you have to put in the time and effort necessary to make it work. If you follow the guidelines set forth by the company, you have complete control over your business.
Second, the report made mention to residual income. Nouveau Riche does not offer residual income. The only thing that could possibly be conceived as residual income is if someone happens to finance their education through Nouveau Riche's financing program. In this case, the ISA is given their commission over time as opposed to receiving it in one lump sum- they get their commission paid as the company receives their payment. If a person is terminated with the company, they forfeit their right to receive the commission of what would have been "certifying sales" for those individuals they brought in. In this case, I believe but may be mistaken, this money is given to the person that brought in the individual who had been terminated- Not to Jim Piccolo. Nouveau Riche operates much like an insurance company, we get the commission for a certain number of sales of the people that come in below us (this concept is difficult for me to explain in writing- I do much better with a paper to diagram it out). Again, though, this is a one time commission earned off of one sale, not money that will be received time and time again off of doing the work once.
Finally, you can make a substantial income with this company, but like every other legitimate work from home opportunity, you have to put in the time and effort necessary to make it work. If you follow the guidelines set forth by the company, you have complete control over your business.

