Holton Buggs has worked in the network marketing sector for over three decades. IBuumerang is a multi-level marketing firm founded by Holton, its chairman and CEO.
Many people want to know how he got to where he is now.
What is his annual salary?
What’s your net worth?
What is his marital status?
And my question is, do you respect how he has earned his money?
Now before I say anything else, I want you to know something right from the start…
MLMs like Holton Buggs 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 Holton Buggs 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. I am not one of those people.
Instead, I want to genuinely educate you about them so that 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 quickly and end up with $0 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 – and so in this article, I’m going to explore the case with Holton Buggs.
But before that, I want to ask you a question: what if there was a way to build actual recurring, semi-passive income?
Income that:
- 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 using the Digital Rental Method.
If you wanna see what Holton Buggs looks like on the inside, keep reading.
Who Is Holton Buggs?
Holton Buggs was born in the United States on September 26, 1972, to a single mother (Tampa, FL).
Holton aspired to do more and developed an entrepreneurial spirit due to this drive.
The Entrepreneurship Begins
He started cutting hair at fourteen as a side hustle to help support his family. Since then, he had been selling chocolate to other youngsters.
At the time, Buggs realized the importance of leverage.
He figured out that if he bought a lot of candy and then compelled his friends to market it for him, he could still make money without putting in all the effort.
Holton negotiated free haircuts for any of his friends who agreed to promote chocolate for him without being compensated.
Earlene Buggs, one of the twelve friends he recruited, has become his wife.
Holton’s later MLM career had been planted, but it would take another ten years to bear fruit.
He attended Texas Southern University on a football scholarship after graduating high school, hoping to play in the NFL one day.
Until he injured his leg.
The injury ended Holton’s hopes of actively playing pro ball. Still, he remained determined to succeed and continued his engineering research.
His First MLM Involvement
A network marketing event he attended persuaded him of the benefits of network marketing and led to his eventual membership.
Buggs was convinced by the lecturers and the passive income business model, but he will have to wait for success.
After graduating from university, he quickly realized that an engineer’s salary would not provide him with the lifestyle and financial goals he desired.
When Holton started a successful furniture business in 1996, he was confident that he was on the road to success.
Even though the economic system quickly changed, which he greatly appreciated, he went out of business.
Buggs was twenty-seven years old when he discovered himself $ 250,000 in debt, 45 days away from home foreclosure, and his prized Lexus had just been reclaimed.
After that, he receives a phone call that would forever change his life:
A friend told him about a brand new MLM company he should look into.
Holton reluctantly gave network marketing another shot and went all-in with a few options.
He made six-figure earnings over the next ninety days due to good timing and an insane work ethic.
The Start Of CyberWize
CyberWize was a deceptive MLM firm that relied primarily on internet marketing to acquire new members.
For a better opportunity, Holton would swiftly depart from CyberWize and join YTB International (formerly known as “Your Travel Biz”), a travel-based MLM.
Thanks to Holton and Edwin Haynes, travel Biz had a well-established distribution network in 2008.
However, after several investigations and lawsuits accused Your Travel Biz of being an illegal pyramid scheme, Holton resigned, and the company went bankrupt.
Joining Organo Gold
In 2010, Holton bounced back swiftly and reclaimed his previous level of success. With the coffee-based MLM enterprise Organo Gold, he built his fame.
Holton joined a coffee and tea MLM, and despite not being a coffee drinker himself, he knew the rest of the world was, so he set a goal of making a million dollars per month. He’d hit one-point-two million in residuals a month not long after turning 40. After a reported, hundred million in commissions, iBuumerang’s CEO is now on a mission to make perpetual residual income a reality for his distributors.
Fast forward a few years to the end of 2013:
Holton earned $1.3 million per month and claimed to have built a network of over three million distributors, making him a top earner in the MLM industry.
However, you should acknowledge that Holton’s biography reads like a traditional rags-to-riches story.
Going To CryptoCurrencies
Stay with me because this is where things start to get a little weird:
Organo Gold announced a partnership with Digital SkyNet Restricted, a blockchain company, in 2018 to “improve our global operations platform.”
IQ Chain (a fraudulent cryptocurrency MLM, such as Bitcoin) was also a subsidiary of Digital SkyNet (later rebranded as IQ Legacy).
How Much Is Holton Buggs Worth?
Holton Buggs, who has a wealth of $13.2 million, started ORGANO goods and incentive programs. He presently works as ORGANO’s Chief Visionary Officer, guiding the company’s worldwide growth and commercial development.
Long before his success, Holton owed $250,000, had his Lexus repossessed, and was 45 days from foreclosure. He recognized that something had to change, and that change had to be him.
Since becoming successful, Holton’s quest has impacted the lives of over a hundred million people spiritually, economically, and individually, and this podcast is one way of doing so.
When Was Ibuumerang Founded?
iBuumerang is a brand-new multi-level marketing business in the tourism sector.
The company was launched in March 2019 by Holton Buggs and is situated in Houston, Texas.
Holton has over 25 years of experience in direct sales and network marketing, making him a very successful community marketer.
iBuumerang claims that Holton has developed a network of more than three million distributors in the past ten years, earned $3 billion in revenues, and mentored 45 billionaires and above. When Holton was 14, he started purchasing a lot of candy and recruiting other kids to help him promote it. That way, Holton Buggs wouldn’t have to do it alone, saving him time and energy.
Nonetheless, Holton did not join an MLM company until thirty years old. The initial business he launched in 1996, which revolved around marketing furniture, failed.
Nonetheless, the vast majority of MLMs Holton discovered were associated with pyramid schemes (more on which later on).
Holton eventually decided to launch his own MLM company, which iBuumerang came to be.
How Does IBuumerang Work?
Here’s how it works:
MLMs in the travel industry have been for a long time, so this is not a new idea.
Distributors may use iBuumerang to recommend their friends to the iGo booking engine, which provides travel savings to earn iBuumerang points.
iGo is operated by a separate company, Xstream Travel, and is only available to those with an iBuumerang membership.
As an iBuumerang distributor, you can distribute “boomerangs” (iGo login access) to anyone who wants to save money on travel plans.
When customers use your iGo boomerang, they can search for travel discounts. In the same way, they would on other sites such as TripAdvisor, Expedia, Kayak, etc.
iGo even has deals worth hundreds of dollars less than the major travel websites.
Additionally, they offer a price match guarantee on hotels and rental cars if you find a lower rate elsewhere online, up to 110% of the difference.
Even if that didn’t apply to flights, having a hotel at the lowest possible rate is still a nice perk.
As previously stated, the only way to obtain these savings is to receive a boomerang from an independent iBuumerang distributor, also known as a Travel Savings Ambassador (TSA).
iGo will pay you commissions for booking trips through your boomerang as long as the customer uses your boomerang to do so.
To put it another way, you profit when your customer saves money.
It’s that simple.
Here’s where things get interesting:
Your level of iBuumerang membership determines the number of boomerangs you can send out.
As you might expect, the higher your membership fee, the more boomerangs you get each month.
Furthermore, the more boomerangs you have, the more commission you can earn (e.g., you can get up to 5 new customers/month if you send 5 boomerangs/month.)
There are three ways to obtain more boomerangs:
- Upgrade to a higher membership level (more on this later)
- Purchase additional individual boomerangs (price not yet listed).
- Recruit more iBuumerang users.
The final one should come as no surprise.
But there is some good news:
Thankfully, the final component of the iBuumerang program, the iDecide interactive presentation, has made recruiting a little easier.
The folks at iBuumerang corporate slickly put together an automated video.
Canceling Your IBuumerang Membership
First and foremost, let me state unequivocally: I have no affiliation with or work for iBuumerang.
You must contact your upline or the company if you want to cancel.
According to their Policies page, if you become an Ambassador (aka distributor) for iBuumerang:
Ambassadors may cancel the Agreement within three (3) days of its execution and receive a full refund of all Ambassador fees and purchases of voluntary sales aids.
Even after the three (3) day rescission period, an Ambassador may cancel the Agreement and return any sales aids for a refund.
But what if you’ve been a member for a few months and want to cancel?
The Following Are The Company’s Terms And Conditions:
TERM: To avoid charges for that month, a cancellation notice must be received ten business days before your Monthly Anniversary Date.
If you have just signed up, you have three days to cancel and receive a refund. Additionally, 10 business days before the start of your monthly subscription, you must submit a cancellation request.
You can contact iBuumerang support via their website or email: support@ibuumerang.com for more information. They are eager to address each and every customer complaint.
Is IBuumerang A MLM Company? Or A Network Marketing?
Yes, iBuumerang is a multi-level marketing company. To be honest, MLMs make money for people.
However, the people who benefit from it are not you.
This is due to the effort required to break into this industry.
A lot of recruiting is involved in starting a business from the ground up.
People, however, do not always come out on top. These are statistics that you cannot ignore.
So, with all the odds against you and the hard work it takes to make money, it’s not worth it, in my opinion.
Can You Make Money With IBuumerang?
Yes, you can!
But…
There’s a lot that comes along with MLM that many people struggle with.
Now, don’t get the wrong idea…
It’s not impossible to make money with MLM, but if you’re gonna put in the amount of grueling work to do this business (which, trust me, isn’t easy), you might as well bring in some REAL money while you’re learning the ropes.
Making money with iBuumerang is not an easy task.
Here’s something you won’t hear on their website or from the person who recommended it to you…
As a distributor, the majority of people will lose money.
The few people who make money treat it as a full-time “sales manager” position. Suppose you intend to supplement your income with part-time work. In that case, you will almost certainly become one of the people who lose money (unless you know a ton of people that go on ready-packaged holidays multiple times a year).
Is iBuumerang A Good Company?
iBuumerang is a legitimate MLM discount travel company. Thousands of people joined in the first six months and now earn commissions and bonuses. As appealing as that may sound, you should know that the founder, Holton Buggs, has a shady past.
Just like in other MLM companies, you must recruit people if you want to earn a significant amount of commissions and bonuses. Everything is revealed in their compensation plan. But, when it comes to building a business, you have plenty of options.
Keep in mind that I don’t get paid to promote any of the Gurus I review. I personally think MLM is a great business model, but you could end up leaving way too much money on the table.
What Is Organo Gold?
Bernardo Chua founded Organo Gold in 2008 and is on a mission to spread Ganoderma knowledge to the four corners of the world, partnering with thousands of people along the way.
While rapidly expanding, Organo Gold is open for business in the following countries: the United States, Canada, Germany, the United Kingdom (UK), Scotland, Greece, Jamaica, Mexico, the Dominican Republic, the Netherlands, Austria, the Philippines, and Peru. Organo Gold has formed a one-of-a-kind, unprecedented, and exclusive partnership with the Napoleon Hill Foundation.
Organo Gold provides you with seven different ways to earn money and incentives and benefits at each stage of your leadership development.
Holton Buggs Review Summary
In a video, Holton Buggs stated that “Professionals start a company. Amateurs enter the industry. I don’t participate in anything. I work as a launcher. I take off.”
That explains why Mr. Buggs created iBuumerang and is now making a fortune.
Holton is an extremely effective community marketer with over 25 years of experience in direct sales and network marketing business models. However, iBuumerang is just another MLM company that generates more money from its distributors than its clients.
Holton Buggs has an estimated net worth of $70 million-plus. But, once again, here’s my question: can you respect a man whose entire fortune was built on the failure of 98 percent of everyone below him? I’m afraid not. I’d rather be broke than a multilevel multimillionaire, hand on heart. So, how about you?
Are There Alternatives To Holton Buggs?
Yes, there are plenty of MLM companies to choose from if you want to pursue this business model. Here are just a few:
Is IBuumerang A Scam Or A Legit Travel MLM?
Read Our In Depth Breakdown Of The Top 5 MLMOpp Courses For 2024
So, time for the $1,000,000 question: is IBuumerang 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 using the Digital Rental Method).
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 Rental Method 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, using the Digital Rental Method might be for you!
What Is My #1 Recommendation For Making Money Online In 2022?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve dropshipped 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, using the Digital Rental Method is for you.
Why?
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 at any time, 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?
With the Digital Rental Method, 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.
using the Digital Rental Method, 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 With the Digital Rental Method, 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 Holton Buggs, 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.
