Is Gano Excel a Scam? No, But Not the Best in my Opinion!
Do you like your coffee with cream or sugar? How about chocolate? All of these items are popular additions to the rich caffeine drink. But what would happen if you added mushrooms?
That’s right, mushrooms.
Gano Excel specializes in a unique coffee product that claims to add medicinal mushrooms to the diluted coffee mix. This MLM company recruits distributors who recruit others to try and sell as much of this coffee as possible.
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However, there has been some controversy around the company especially on the Internet. Multiple user reviews along with a shady compensation system really points fingers at the lack of legitimacy of this company. Is Gano Excel a scam? Read on to find out!
NOTE: This article shares only our personal opinion of this business opportunity. We share the information and you should make your own decision based on facts you know.
Gano Excel Review
Name: Gano Excel U.S.A.
Founded: 1995 by Leow Soon Seng
Cost: Single coffee or tea products cost up to $60, and startup costs are between $200 and $1000
Type: Multi-Level Marketing (MLM)
Short Review: Gano Excel certainly is not a scam like some people claim. They have been around already for more than two decades which is a clear sign that they have done something well. Still, I don’t personally want to join this program for several reasons that I mention in the full article.
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What Is Gano Excel MLM Business Opportunity?
Gano Excel was founded over 20 years ago by Leow Soon Seng, who believed in adding medicinal properties to coffee. The addition of the ganoderma mushroom is perceived to give the coffee healing properties. At first glance, the mushrooms seem to have great health benefits but it has also been a controversial subject.
Some individuals who have consumed this mushroom contracted symptoms of bird flu, asthma, lung problems, high blood pressures, heart problems, and bad viral infections. Just to make myself clear: This is a bad ingredient.
Gano Excel operates by sponsoring distributors to sponsor other distributors. So it uses network marketing. Basically, you and your sponsor treat each other like a mutually beneficial relationship. This has, of course, its own benefits because then your upline has an incentive to support you.
Of course, multi-level marketing is also a bit controversial business model as you probably know. I hear some people saying, “You are doing all of the hard work for Gano Excel – you are their living, breathing marketing tool. After all of your heavy lifting, Gano Excel takes a majority of the profits. This may seem unfair, but it is unfortunately all-too commonplace among MLM businesses.”
Well, that’s just one point of view to look at things. Still, there are people who succeed with MLMs. You may have heard of success stories from Amway, Herbalife and others. Probably you have also heard the other side of the coin as well.
Gano Excel Products
As I mentioned earlier, Gano Excel specializes in a coffee product that uses the ganoderma mushroom. It is mixed in a diluted caffeine mixture to make an interesting coffee with mixed health results. I found it interesting that some people are reporting it’s the best coffee in the world while others are getting huge side-effects.
The available products come in a range of different coffees. There is a “Classic” coffee package, a “Hazlenut” coffee, and many other flavors. There are also other ganoderma products like toothpaste and green tea. You can buy the products in boxes or bottles of supplements, and you almost always have to buy in bulk.
While the competition isn’t too heavy, the prices can be overwhelming. One box of green tea costs $60. There are varying prices for distributors based on how many benefits they’ve earned with Gano Excel. You can buy their products also on Amazon. Some people complain about the price but many people are also satisfied with what they’ve got.
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Gano Excel Starter Kit
There are a couple of starter packages that distributors can buy into. At the moment there are 5 packages available.
The Business Builder package gives you the most stuff, but is certainly a bit pricey for many individuals who would just want to “try” this business opportunity. This package charges $999 for one startup bundle. There are smaller versions of the bundle for $495, $195, $100 and $50 respectively. The kit comes with an assortment of products, including flavored coffee, snack bars, tea, and supplements.
Interested customers can be conned into buying a small “Sample Pack” as well, which is priced well into the double digits. This gives potential distributors a taste of what products are offered, and many do not choose to pursue the entire bundle.
Notice that as a distributor you will be buying their products monthly which naturally increases your overall costs.
Gano Excel Compensation Plan
The video below explains their compensation plan explained by Gano Excel members. I don’t endorse the video or its message because I am not affiliated with Gano Excel but I added here just for your information.
Even one of the top Gano Excel experts admits that it is one of the most difficult compensation plans to understand. With so many hoops and barrels, why even try to make sense of it? It shouldn’t be this difficult to get into an MLM industry.
When broken down into the basics, some people say that getting started with Gano Excel is tricky. You are required to buy lots of products at wholesale products in order to make any kind of profit. You can also try to enroll interested individuals and add them to a team, which falls under a binary compensation plan.
However, starting any business or a new job takes some time to learn. That’s just normal. I think that some of the critics that people say (and what I mentioned above) is just for the sake that those individuals don’t like MLM-companies.
This is how the MLM-businesses works. Take it or leave it. 😉
That being said, I am personally not a huge fan of MLM-companies for the reasons that I have explained in my other articles: Overpriced products, exaggerated promises, low success rate, etc. Anyway, a good thing is that MLM-business gives you an opportunity to earn passive income.
Gano Excel Reviews and Complaints
My team members I found interesting things on the Internet about Gano Excel. Listen.
They has been sued by numerous international forces for tax evasion, fraudulent misappropriation of funds, and several criminal conspiracies against the public. These are pretty serious offenses that have completely tarnished the company’s reputation as a legitimate business.
Gano Excel has been shut down several times in the U.S. and in Canada for legal reasons as well. The FDA has not approved all products listed in some of Gano Excel’s coffees, and the mushroom continues to be under study to determine its negative health effects.
I would love to hear what Gano Excel distributors say to all these controversial issues. If you are part of the company, please leave a comment below and I would like to have a conversation with you.
Conclusion – Is Gano Excel Worth It?
Well, eventually you need to answer this question yourself but I can always share my own personal opinion!
I wouldn’t personally use money on so expensive products (unless I would be a millionaire and my goal is to become a millionaire before 30. 😉 ) You can get way more cheaper coffee products on the supermarket without this huge hype that is around Gano Excel or other similar MLM-companies.
You know… We once had a candleholder at our home which was bought from an MLM-company called Oriflame. Everybody talked how high quality it is and why it’s worth the price (whopping $60). Then I visited a local supermarket and saw that similar candleholders cost $10-15. I started scratching my head. Is that MLM-candleholder really 5 times more valuable than a similar product from the supermarket?
That’s also a challenge with Gano Excel. Their prices are expensive. My conscience doesn’t let me promote products that aren’t fully worth the price. Personally, I wouldn’t buy them so I don’t promote them for other people either. You can make the decision based on your own analysis.
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