The water purification company that is a complicated legal pyramid marketing strategy. The basic idea is for you to purchased between $5000 and $25000 in product making you a distributor. You then market the company and sell the products to other people. If they make a purchase you make money based on how much you initial investment was. The new investor will then make money based on their sales. This is not passive but active income as you need to provide start up funding and then continue to sell their products. Is their product the best on the market?
- Conduct background research: This involves gathering general information about the company, such as its history, industry, competitors, and key personnel.
- Answer: Enagic is a company founded in Japan as a subsidiary of SONY. It started design and manufacturing in 1987 under Sony. They rebranded in 1990 as Enagic. This is a large company all over the world with brick and mortar buildings.
- Review financial statements: This includes reviewing the company’s financial statements, tax returns, and any other relevant financial documents to assess the company’s financial health, profitability, and potential risks.
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- Analyze market and industry trends: This involves evaluating the market and industry in which the company operates, including analyzing trends, potential growth opportunities, and competition.
- Answer: Water is going to be a growth market as the sea levels rise. The use of water purifiers is going to be in demand as water sources are damaged due to climate change. This is a very good market to invest in. Does Enagic produce the best water filter at the best cost? Is Enagic the company?
- Review legal and regulatory compliance: This involves reviewing all legal and regulatory compliance matters, including contracts, permits, licenses, and any pending legal disputes.
- Answer: After reading all the reviews on Trustpilot. The common theme is poor custom service when the items break. The customer service is poor when asking for help or troubleshooting finances. There are an equal amount of positive reviews that say everything is working perfectly and the water they have been drinking has dramatically changed their lives. There are paper checks distributed vs digital transactions.
- Assess operational and management structure: This involves evaluating the company’s operational and management structure, including management team experience, systems and processes, and any potential operational risks.
- Answer: Operational structure:
- Management structure:
- Conduct interviews and site visits: This includes conducting interviews with key personnel and visiting the company’s facilities to assess its operations and infrastructure.
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- Identify potential risks and liabilities: This involves identifying any potential risks and liabilities associated with the investment, such as regulatory issues, litigation, or environmental concerns.
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- Develop a due diligence report: Finally, the findings of the due diligence process are typically summarized in a report that outlines any issues or concerns identified during the process, and recommends whether or not to proceed with the investment.
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