It is imperative to do your research before joining any company. The corporate website will answer many of your questions. However, some of the more common questions regarding WorldVentures are answered below. If you have any further questions or concerns regarding the company, please contact the Representative who introduced you to WorldVentures or contact the corporate offices directly.
- Common Questions
- Is WorldVentures a pyramid scheme?
- WorldVentures publishes an Income Disclosure Statement which shows that just under 30% of Representatives make any money--is it still a good opportunity?
- Does WorldVentures actually have a corporate office?
- Is WorldVentures active on social media?
- Have WorldVentures executives previously been involved in companies with less than stellar reputations?
- Is WorldVentures a card mill?
WorldVentures is not a pyramid scheme. WorldVentures is a legitimate network marketing (also known as direct selling) business focused on travel and lifestyle products. Pyramid schemes are illegal, do not deliver on any product or service being sold, and are a form of fraud. This article by the Federal Trade Commission (FTC) offers a very comprehensive explanation.
WorldVentures passes the "pyramid test" primarily because the company does not pay commissions based on recruiting new Representatives. Rather, commissions are paid solely on the sale of retail products: the DreamTrips Memberships, Luxury DreamTrips Memberships, and the Leisure Travel Consultant package. These products are not sold at inflated prices and since they are not physically tangible items, Representatives do not carry any inventory.
In 2009, WorldVentures launched a new B2B division that markets the DreamTrips Membership as an employee benefit directly to companies, with no mention of the Leisure Travel Consultant opportunity. To date, thousands of customers have already enrolled as members through this employee benefit program.
WorldVentures is not an opportunity where you make millions of dollars in income overnight. It’s a viable business similar to other direct selling companies such as Mary Kay, Pre-Paid Legal, Tupperware, Avon, and many other successful companies utilizing a home-based business distribution model. In fact, noted industrialists and corporations utilize the network marketing model as well. For example: Warren Buffet (Berkshire Hathaway) owns The Pampered Chef; Sir Richard Branson, of Virgin fame, also owned Virgin Vie, which distributes cosmetics and skincare products in Europe; and banking giant CitiGroup owns Primerica Insurance Company. Even clothing giant Jockey owns and operates Jockey Person-to-Person.
WorldVentures offers the opportunity for people to plug into a program where they receive training on leveraging their time and efforts to generate an income stream. But, like any business, there are no guarantees--you get out of it what you put into it.
It would be irresponsible to claim that someone could be successful with WorldVentures simply by enrolling as a Representative. No one can make such a claim about any business opportunity. WorldVentures makes no such claim. The company endeavors, through the Income Disclosure Statement and compliance-related training, to train all Representatives to present a balanced, accurate portrayal of the WorldVentures opportunity. The data is provided on the WorldVentures’ Income Disclosure Statement to help people fully understand the opportunity being offered.
At the core of the company’s foundation is the commitment to provide an honest and fair opportunity. WorldVentures acknowledges the program is not right for everyone, so anyone who is considering the opportunity should have the data needed to get an accurate picture of what the WorldVentures program offers.
In 2008, WorldVentures moved into brand new 38,000 sq. ft. corporate offices in the business hub of Plano, Texas (a suburb just north of Dallas). The physical address is 5360 Legacy Dr., Building 1, Suite 300, Plano, TX 75024.
WorldVentures’ co-founders, Mike Azcue and Wayne Nugent, were in fact involved in GT Trends (formerly PRT) as independent sales representatives, but were never part of the ownership or management of the company. After a short involvement, they disagreed with the business methods practiced by GTT and both men voluntarily resigned. From their experiences, Mike and Wayne made the decision to launch WorldVentures based on a very different set of principles and values.
WorldVentures' Director of Training, Marc Accetta, was an independent representative with Equinox (again, not part of the ownership or management). His story is similar to that of Wayne and Mike. Marc voluntarily resigned from Equinox approximately a year and a half before its closure by the Federal Trade Commission. Marc is a world-class trainer and educator, who has achieved industry-wide respect, and has been an invaluable asset to WorldVentures.
WorldVentures has made substantial investments in compliance efforts. The company retains some of the best attorneys in the country in the specific areas of network marketing and travel to ensure business is conducted with the highest standards of integrity and compliance. WorldVentures has successfully operated since 2005, and operations are now global.
ASTA (American Society of Travel Agents), the foremost expert on "card mills" has published a white paper entitled "Travel Industry Card Mills: What Consumers and Consumer Protection Agencies Should Know about Travel Industry Card Mills." ASTA defines card mills as businesses that sell deceptive identification cards and packages that falsely identify the purchaser as a "travel agent" and offer these purchasers the chance to pass themselves off as sellers of travel services and thereby obtain discounts, upgrades, and courtesies.
WorldVentures is a marketing company. All products are provided by and supported by Rovia, WorldVentures’ exclusive travel partner. Neither company issues identification cards nor credentials of any kind. Moreover, WorldVentures does not promote that a Leisure Travel Consultant (LTC) will or could receive travel industry discounts or benefits of any nature. The company does not make any claims that prospects can “travel like a travel agent” or in any way qualify for rates that they have not specifically earned. Thus, WorldVentures should never be confused with a card mill. In fact, the name "Leisure Travel Consultant" was chosen to help further delineate WorldVentures’ Representatives from traditional travel agents and to avoid any misunderstanding by travel vendors or the public at large.
Rovia is an Airline Reporting Corporation/International Airlines Travel Agent Network (ARC/IATAN) travel agency that provides the technology and operational support for WorldVentures’ LTCs. Training is also provided to help LTCs market and sell travel in order to earn travel commissions. Commissions are based on the level of accreditation an LTC has achieved.
Rovia has a robust training program that allows a novice to move through different levels of achievement and accreditation to attain privileges and skill sets comparable to members of the traditional travel community. This includes completing Cruise Line Industry Association (CLIA) accreditation as well as travel training and testing developed by Education Systems, a travel industry-recognized educational development company, leading all the way through full Global Distribution System (GDS) proficiency. Further, the education program provided by Education Systems is the same content used in post-secondary travel schools, travel textbooks, and travel training software utilized by many travel industry associations.