I hope my Bonvera review will be helpful to you!
Are you searching for a real opportunity to earn some cash?
Do you wish you had a passive source of income?
Do you want to try something that does not entail recruiting and pleading with people on social media to buy your products?
I will discuss those concerns and needs in this article.
I will review Bonvera, another MLM company in the health and wellness niche.
So, before you make any final decision, read on first and see if this MLM business is for you.
MLMs like Bonvera are a bit of a mixed bag. They CAN be a legitimate way to make money, but some have a reputation for literally ruining people’s lives – so it’s important to know what you’re getting, since each one is unique.
Like most of my readers, you were probably introduced to this one via a friend or some influencer you trust online.
And it makes sense why so many people recommend them:
Making money outside of a 9-5 can be… life-changing, to say the least.
So in this article, I want to help you explore two things:
- If MLMs are actually a worthwhile business to pursue
- If Bonvera is a worthwhile MLM
Before that, I want to clear the air on something.
There are A LOT of people out there who bash all MLMs in any form. However, I’m not one of those people.
Instead, I want to genuinely educate you about them so you can make an informed decision on how to proceed.
If you’re unfamiliar with what MLMs actually do:
They’re businesses in which you pay money to a company for the ability to sell their products.
Sometimes the products are actually kind of decent (I still remember my mom throwing Pampered Chef parties when I was younger).
Other times the products are really poorly made and come with a high price tag.
Typically, the only way to really make money is to get people (mostly friends & family) to sign up with you for a recurring subscription.
If the product is 100% legitimate & valuable, it’s entirely possible to get people to sign-up and continue paying you.
If the product is subpar, you’ll usually burn those bridges kinda quickly and end up with $0 coming in each month.
The biggest issue I’ve seen is that this puts significant stress on your personal relationships, as you’re reliant on selling to your “network.”
Think about it: if you KNEW that every time your friend Sally called, she’d be trying to sell you on one of her products… you’d eventually stop answering Sally’s calls.
Now, this doesn’t mean MLMs are outright bad… it means you need to know what type of MLM you’re getting yourself into before you sign up.
Again, some MLMs provide real value to people, but MOST don’t – so in this article, I’m going to explore the case with Bonvera.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
- Doesn’t have inventory
- Doesn’t make you sell to your friends & family
- Doesn’t force you to recruit people onto your “team”
Something that you could make anywhere from $2,000 – $10,000 with consistently, month after month?
A stream of income that you can build as high (or low) as you feel like building it?
If that sounds interesting, you might want to think about becoming a Digital Landlord.
If you wanna see what Bonvera looks like on the inside, keep reading.
What Is Bonvera?
As a multi-level marketing company, often known as a network marketing company, Bonvera focuses on promoting and selling health and wellness products.
The company is based in Knoxville, Tennessee.
When Was Bonvera Started?
A new ownership and board of directors officially relaunched Bonvera on May 1, 2018, more than two years after its initial launch.
Despite the fact that it’s a relatively new MLM company, it already has over 20,000 members.
The History Of Bonvera
In 2004, a group of successful businesspeople in a company hatched a plan to “assist others in achieving entrepreneurial success” by pioneering a novel approach to business.
This dream took several years to come true, and on February 15, 2016, this group of businessmen founded Bonvera, which means “good faith.”
Bob Dickie, the president of Crown Financial Ministries at the time, helped early on as a consultant.
On May 1, 2018, he became the full-time CEO and co-owner.
Since then, this team has been relaunching the company as “Bonvera 2.0.”
“This is a completely different company than it was just two years ago,” Bob explains.
Further, he states, “We have new ownership and board, new leaders, new products, new compensation plan, and we relocated the headquarters to Knoxville, TN. We have an industry-leading distribution and warehouse facility, with top consultants from across the country all focused on helping the brand be “best in class” and provide world-class products and services to our customers. We couldn’t be more thrilled! We have successfully transformed this company.”
Bonvera CEO: Who Is Bob Dickie?
While at Amway, Bob Dickie is said to have participated in a tool fraud, so he’s no newcomer to the multi-level marketing field.
According to Scott Johnson, CEO Robert Dickie has a non-executive MLM history with Amway.
While in Amway (Quixtar at the time), he headed up the tool scam company owned by Orrin Woodward.
Dickey’s father was the official Woodward organization preacher who later fell out with Woodward.
When Woodward left Amway in 2007, Dickey was obliged to reveal some individuals who made critical remarks about Amway in a historic free speech lawsuit.
Bob Dickie also wrote two books, both of which are available on Amazon: Love Your Work: Four Practical Ways To Pivot to Your Career and The Leap: Launching a Full-Time Career in a Part-Time Economy.
What Products Does Bonvera MLM Sell?
Their product line includes everything from weight loss and vitamins to skincare and coffee:
- Household Essentials
- Essential Oils
- Energy Drinks
- Third-Party Products
Dr. Jeff Davis, Bonvera’s Chief Medical Director, is responsible for developing their nutritional supplements.
What Third-Party Products Does Bonvera Sell?
Some of the third party Bonvera items they offer in collaboration with third-party companies are as follows:
BluePay: Offers a variety of financial services.
QuilBed: A bedding supply company that sells beds and bedding.
Marketplace Select: Offers a variety of natural, organic, and specialty foods.
Zeva: Offers a variety of nutritional supplements.
What Is A Bonvera Entrepreneur? What Is A Bonvera Associate?
The company behind the brand refers to both of these names interchangeably.
Bonvera Entrepreneurs, as their associates are formally termed, are self-employed individuals who devote their own time and money to expanding the company.
Yes, Bonvera is a legitimate MLM company.
This is simply established by the business model used and the Bonvera compensation plan.
Not all MLM companies are legitimate.
If the money you make through an MLM is based on public sales, it could be a legitimate one…
However, it’s not legitimate if your income relies on the number of people you recruit and the products you sell to them. That’s known as a pyramid scheme.
Pyramid schemes are unlawful.
A vast majority of people who join them lose money.
Is Bonvera A Pyramid Scheme?
It might be difficult to distinguish between a reputable multi-level marketing organization and a pyramid scheme.
The key difference between MLMs and pyramid schemes is that the former allows you to make money via legitimate sales to end users. In contrast, the latter only allows you to make money by recruiting others into the scheme.
Because the brand allows you to earn commissions by selling its products in retail, the company cannot be classified as a pyramid scheme.
Can You Make Money With Bonvera’s Compensation Plan?
Their multi-level marketing compensation plan consists of two primary revenue streams:
Make Money Through Retail Sales
You sell their products and receive a commission for your efforts.
Make Money Through MLM Recruitment
You bring people into the business opportunity and earn pass-up residual commissions based on their success.
Let’s take a look at their compensation plan.
Bonvera’s Compensation Plan
Bonvera MLM pays its Entrepreneurs in seven different ways:
- Retail Commissions
- PBV Bonus
- Registered Customer Bonus
- Differential Bonus
- Partner Bonuses
- BVr1 to Car Bonus
- National Bonus Pools
Make money and passive income selling Bonvera‘s private label items online, in-store, or via Smart Shopper, and get a 20% commission on all retail sales.
This bonus is calculated by multiplying your Personal Bonus Volume (PBV) by a factor known as Bracket Percentage.
The Total Group Bonus Volume (TGBV) determines your Bracket Percentage (TGBV is the total BV generated by all your downline Entrepreneurs through unlimited depth.)
- 10000 TGBV = 28%
- 7500 TGBV = 24%
- 5000 TGBV = 20%
- 2500 TGBV = 16%
- 1500 TGBV = 12%
- 750 TGBV = 8%
- 75 TGBV = 4%
Registered Customer Bonus
Receive a bonus of 50% of your Personal Customer Bonus Volume (PCBV).
The total PCBV is added to your Personal Bonus Volume (PBV).
Pays you a bonus based on the difference between your bracket % and the bracket % of each Entrepreneur in your downline.
Earn a $1,000 monthly bonus as long as the following requirements are met:
- Create one team with at least 10.000BV
- Outside of that team, you should have at least 2500BV
- Attain the rank of Partner
Senior Partner Bonus:
Earn $250 in addition to the $1,000 Partner Bonus as long as the following requirements are met:
- Create one team with at least 10.000BV
- Outside of that team, you should have at least 5000BV
- Attain the rank of Sr. Partner
BVr1 To Car Bonus:
Receive a $400 monthly car bonus as long as the following requirements are met:
- Have a BVr1 that is active (auto-ship order)
- Create a team of at least 25 successfully processed BVr1s
- Have 25+ BVr1 orders for three consecutive BVr1 cycles between your other teams (no idea what that means)
The bonus is redeemable for a blue or white Lexus, Lincoln, Cadillac, BMW, or a half-ton pickup truck.
National Bonus Pools:
The company divides its remaining commissionable dollars among 16 pools.
The pool amounts are distributed evenly among those qualified for each pool.
To be eligible for the National Pool Bonus, you must have at least two teams that generate 10.000BV each and have reached the Professional or higher rank.
Listed below is a table with all the pool qualification requirements, allocations, and shares:
It’s important to note that Bonvera’s compensation scheme is subject to change at any moment; thus, details such as commission rates, rank requirements, and so on may have changed by the time this review is read.
How Do I Join Bonvera MLM?
To join this MLM opportunity, go to the company’s official website and click the “Contact a Bonvera Entrepreneur” button on the bottom right of the website’s home page.
Fill out the form’s requested information and click the “Contact Us” button.
Following that, a Bonvera Entrepreneur near you will call or text you to inform you of the next steps in the process.
How Much Does It Cost To Join The MLM?
To become a Bonvera Associate, you must first purchase one of the three enrollment kits listed below:
- Bonvera Sampler: $149.95 (one-time payment)
- Includes a Kutano Memory & Focus bottle, a box of Phyzix Vanilla Wafers, Phyzix Zero, and a 12-ounce Thrive True North Ground Coffee bag
- Phyzix MD Pack: $149.95 (one-time payment)
- Includes Phyzix MD MultiVitamin, Phyzix MD Omega Max, Phyzix MD Calm & Clear – Mixed Berry, and Phyzix MD Immun-D
- Luebella Skin Care Pack: $149.95 (one-time payment)
- Includes a Luebella Anti-Aging Serum, Revitalizing Facial Cleanser, Night Cream, and Day Care
Remember that to qualify for commissions during any given month, you must have at least 100PBV (Personal Bonus Volume).
Your Personal Bonus Volume is equal to the total volume of all products purchased by you, your directly enrolled Smart Shoppers, and your retail customers.
This means that if you don’t reach the 100PBV through your Smart Shoppers and retail customers in a month, you’ll have to buy products yourself until you do.
Bonvera Review: My Recommendation
If you’re already a satisfied customer of Bonvera’s goods, being an Associate is a good way to earn some passive income, save money on items you were planning to purchase, and make some money by selling Bonvera products to others.
If not, joining Bonvera is not advised.
While Bonvera isn’t a scam, it can be difficult to make money and passive income with this business opportunity, especially if you hate aggressive sales pitches or recruiting friends and family.
The only way to avoid losing money in this business is through recruitment.
And you have to do it even if you already know that 93 percent of the members will lose money.
Regardless of which company, MLM opportunities are notoriously difficult to succeed with.
This is primarily due to a lack of training and a failure to teach you the key skills required to make money online and earn a passive income.
Yes, you can make money with Bonvera, but the question is how long it will take you to earn a passive income from Bonvera. This is where the issue with MLM arises.
Are There Any Alternatives To Bonvera?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is Bonvera A Scam?
So, time for the $1,000,000 question: is Bonvera a scam?
No, not technically. They aren’t going to run off with your money and not give you what you paid for. It’s 100% possible to make money with this program.
That being said, it’s not nearly as simple as they want you to think it is.
There’s A LOT of work to be done upfront, and no guarantee that you’ll be successful. The commissions are also fairly small.
Don’t get me wrong, I’m all for doing hard work now, so that I can reap the benefits later.
But if you’re going to work really hard for 3 months, and your reward is a $100 check… it’s not really a great opportunity.
If I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3 months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike with MLMs, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
What Is My Top Recommendation For Making Money Online In 2023?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
I’ve also been on the other side of old friends trying to sell me their fancy new MLM products.
That being said, my #1 recommendation for making real money online is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Time: If you’ve got a spare hour or two each day, you can do this. If you want to drop everything and go all in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Ownership & Control: With MLMs, you don’t really “own” anything – everything belongs to the MLM.
If you read the contracts, they can kick you out or change your commission at any time (it’s happened in a few high-profile MLM cases recently).
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
Big Margins: With MLMs, you’re often going to have really slim margins. That means you need to have a VERY large network to make serious money. This usually entails spending A LOT of money on ads and other methods for recruiting members.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best-case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with an MLM, you would need to sell twice as much inventory. And I can guarantee you, that’s a lot harder than a few clicks & a phone call.
You’re Helping REAL People: My biggest gripe with MLMs is that you’re likely going to ruin your personal relationships.
The MLM may have convinced you that you’re actually helping people, but it’s often not really true.
But when you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If you can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put food on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other MLM programs like Bonvera, which might make you money 12 months from now.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.