Viridian Review – Is This A Good Opportunity Or Big Scam?
You may have noticed that Viridian is getting a lot of hype and attention these days.
You might have had some friends in Network Marketing approach you about Viridian, or you may have seen it on social media.
I want to let you know, first of all, that I am NOT promoting Viridian as my own business opportunity. I am not an affiliate or distributor.
I have gathered here all the facts about Viridian in my Viridian Review – now you can learn all you need to know about it.
Is Viridian really a legit business?
Is Viridian a safe business to join?
Let me show you in my review of Viridian.
Get started by reading my review below.
Exactly What Is Viridian?
Taking a look at Viridian, we have a company that’s operating in the MLM niche of utility services and travel.
Viridian is running its operation out of Connecticut in the United States, and it was founded by Michael Fallquist.
Michael Fallquist is the former COO for Commerce Energy, and in 2009, went on to found Viridian. However, Fallquist is no longer with the company today.
Now, Fallquist is the CEO of Crius Energy, a company that says it is a “strategic partner” for Viridian. Viridian’s current CEO is a man by the name of Paul Booth.
Per his corporate bio on Viridian’s website, Booth has –
“over 30 years of network marketing experience as both a successful distributor and key executive in multiple network marketing startups.”
Paul Booth also spends his time as the CEO for Data Paradigm Inc., with this company being described as –
“(DPI is) a nationally renowned network marketing advisor and compensation plan designer.
DPI’s systems currently support multiple companies with hundreds of thousands of distributors and gross sales well over $1 billion annually.”
Booth’s business experience looks nice at first glance, but there are some not so impressive bits we need to talk about.
Along with more than few negative comments about him on GlassDoor for DPI, Viridian was hit with a fine of $60,000 by the state of Maryland in 2012 for “false and deceptive marketing practices.”
As if that wasn’t enough, the year of 2015 saw Connecticut’s Public Utilities Regulatory members hit Viridian with a pretty extensive investigation.
“Also in Maryland, a class-action lawsuit was filed against Viridian and it’s parent company, Crius Energy.
The suit claims Viridian uses a “fraudulent and deceptive bait-and-switch sales model” and that Viridian associates “form a retail pyramid” that yielded the company a 30 percent profit margin in 2014, to the tune of $33.7 million.”
That lawsuit is still going to this very day, and as if that wasn’t enough, Truth In Advertising pointed out that Viridian has yet another class action complaint in February of this year, saying that the company has –
“deceptively advertis(ing) low initial rates for energy followed by variable rate plans that are tied to the market rate when, according to plaintiffs, customers end up paying four, five, or six times more for their energy.”
What Is The Viridian Product Line?
As mentioned above, Viridian operates in the niche of both utilities and travel.
On the utility side of things, Viridian has services for electrical, natural gas, and solar needs for various parts of the world. Exact details on these vary from place to place, and in order to view pricing info, you’ll need to hand over your email address to the company.
As for travel, Viridian uses its Travel Light online booking engine that customers can have for $99 upfront and then $39.99/month afterwards.
The booking engine looks pretty typical compared to others in the MLM space, offering access to “hotels, cars, cruises, activities, & more.”
What Can You Tell Me About The Compensation Plan For Viridian?
Before you can start earning with Viridian, you’ll need to first quality for commissions being offered.
Only “active” members can earn commissions, and this active status is obtained by generating 15 PV every month.
PV stands for “Personal Volume”, and it’s generated through the buying and selling of Viridian’s many services.
Once you quality, you can then start earning on direct service and recruitment commissions.
Direct service commissions are paid when affiliates sell subscription bundles to customers and other members, with higher rates being paid on more expensive packages.
As for recruitment commissions, these are paid as affiliates recruit more and more people into the company.
What Will It Cost To Join Viridian?
If you want to join Viridian, you’ll need to pay a membership fee of $299.
Viridian does have a “limited time offer” that allows you to join for $249 and then $39.99/month for the Travel Light plan, but it’s unclear exactly how long this deal will be available for.
Combine this with the mention of potentially more costs as part of the company’s Personal Website Subscription, and you’re looking at some pretty beefy joining costs.
Is Viridian A Scam?
If you have heard that Viridian is a scam, then you’ve come to the right place to find out the truth.
What’s the truth – is Viridian a scam?
I would say not exactly. However, there are some things to be aware of before joining, which I have detailed in the conclusion.
You will only be successful by recognizing the weaknesses and finding a way to move past them.
Conclusion For My Viridian Review
Wrapping all of this up, where in the world does that leave us with Viridian.
Something I will say to the company’s credit is that the compensation plan is pretty easy to understand. This usually isn’t the case with MLM opportunities in the niche of utilities, but Viridian managed to pull off just that.
However, there’s a lot to be concerned with here.
For starters, the numerous lawsuits that Viridian is faced with don’t look good for the company in the slightest. There’s a reason lawsuits happen, and the fact that there are multiple being faced by Viridian will likely turn a lot of people off.
As for the company itself, the compensation plan makes it far too easy for chain-recruitment to take place, resulting in the very strong possibility that Viridian is operating as a pyramid scheme.
You can definitely talk with your potential upline to see what things look like inside rather than out, but based on what I’m seeing, this is one you’ll probably want to ditch for something else.
I definitely hope you have found value in my Review of Viridian.
I went into a lot of detail so that you can make a proper decision about whether you want to join or not.
If you do decide to proceed with Viridian, make sure you take the time to learn how to market yourself!
My training below can help you with that.