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The Due Diligence You Should Perform Before Proceeding With Career Agents Network
1. Check with the Attorney General’s Office in your home State as well as the State of Career Agents Network incorporation (Michigan) and request copies of complaints that have been filed against them.
2. Do not rely on the Better Business Bureau’s seal as representing anything other than a symbol. Health Career Agents had this listed on their website with a dozen complaints and as many lawsuits for various allegations.
3. If they require you to speak with an “advisory panel” or “membership review team”, ask if the members receive compensation for their review and if they have ever rejected anyone (if so how many?).
4. Check to see if they will supply you with a list of members to contact prior to joining. These should not be “shills” they select for you to contact but people you can randomly select from their directory. Red Flag if they won’t let you select people to contact.
5. Specifically request a statement regarding any litigation the company or officers have been involved in for any matter, including fraud, deceptive or misleading marketing.
6. Ask how the company operates financially. Is the primary source of their operating income to cover expenses coming from gaining new members or the percentage members pay as part of a split placement agreement. Get it in writing.
7. How many people that joined the predecessor company are still in business? If they can’t give you a specific number, that tells you how well they maintain communications with members once they collect their “fee”.
8. How does their success rate compare with the general success rate of start-up businesses? The averages of all business start-ups is roughly 29% exist in what would be a tenth year of operation. From my group in Denver, my estimate would be that less than 20% made it to end of their first year deploying their “agent” approach..
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