Well, it’s official: unfortunately for thousands of distributors, Arbonne is filing for bankruptcy. The company is spinning their financial situation as merely “restructuring” on the Arbonne website here. However, considering our global economic crisis, suspicions about previous Arbonne claims of being “debt free” and insider scuttlebutt, the future isn’t looking too rosy for Arbonne.
Ty Tribble broke the story a couple of days ago on his blog here.
This is sad because a lot of distributors will be hurt if Arbonne goes away. However, it emphasizes a very important point: you need to be marketing yourself and creating multiple streams of income versus only marketing your network marketing company. Because if that company ever goes away (and even the best of them do) you need to have additional income streams coming in so you don’t suddenly go broke.
In other words, don’t keep all your eggs in one basket!
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