Numis Network Review: Who Are The Founders And Can They Be Trusted

Numis Network has come on strong over the last few months. Here at MLM Help Desk, we have received emails, calls and comments asking for more information.

Len Clements of Market Wave Inc. has written an in-depth report on what he sees as some potential concerns with Numis Network. I believe as a distributor you should read Len’s review so you can have a well balanced view on your future with Numis. It you cover all your bases and not just listen to the marketing hype which surrounds all new MLM launches, then you will not kick yourself in the future for getting involved or staying on the sidelines. (Read it Here)

Shannon Dennison a well respected MLM Professional who facilitated a great informative call on Numis Network which was attended by Jake Kevorkian – EVP and Founder of Numis Network, Kevin Thompson – The MLM Attorney, Len Clements – Market Wave, Spenser Reese – Grimes & Reese and myself. This call gives a good insight as to the leadership of Jake Kevorkian, the legal insight of Spenser Reese and Kevin Thompson, along with the hard questions from Shannon Dennison and Len Clements. (Listen Here)

The question I asked in the title of this article is “Who Are The Founders of Numis Network and Can They be trusted?”

Well let’s take a look at the founders of Numis Network and you decide for yourself if these are leaders who can be trusted. As for me… Yes, I believe these leaders are focused on building a category creator in the MLM arena.

Ian Cordell - President & Founder Numis Network

Ian Cordell, isn’t new to MLM, he is also the President & CEO of International Direct Selling technology Corporation, one of the leading software companies serving the Direct Selling industry.

Two things which I found refreshing when I reviewed Ian’s bio at IDSTC’s website – He publicly made it clear he is also a founder in Numis Network. And even more important to me was the fact he also makes it clear he bought a dance studio “Jamming Studios“, to help further his daughter’s passion as competitive dancers.

Chris Kent - Founder Numis Network

Chris Kent – Chris has been friends with Ian since they were in the third grade, which may make this friendship aka business partnership as important as the friendship/partnership of Jay Van Andel and Rich Devos. Chris is a well respected and sought after corporate trainer inside the direct selling industry. Chris is not only a founder and partner at Numis Network, he is also a founding partner at International Direct Selling technology Corporation.

jake kevorkian - founder of Numis

Jake Kevorkian – Jake knows firsthand what it is like to have your company implode and go into bankruptcy. Just a few years ago, while building a rock solid field organization, he got the call, the company was going down. However, unlike most, he decided to rally some partners, and together they bought the company out of bankruptcy, paid the distributors, and build the first company offering Homeopathic Blend Solutions.

As I read and researched all three of these leaders, I soon realized they were not just company founders, they were visionaries who all three have great success behind their belts.

After talking several times with Jake and having him answer my questions, even the most invasive ones, I have come to the conclusion the Numis Network founders are not here to just build a small company, and make a few bucks. They want to create a company which provides long term financial security for both their families and their field force.

But… This does not mean there are not a few concerns which every distributor should be aware of.

1. If the field force over hypes the Numis Network business opportunity it could draw the attention of both Federal and State regulatory agencies which will cause bad publicity and may close the company down.

2. Numis Network is opening a new category, when they happens it will draw attention as people inside the MLM profession decide if the company is legit. In some cases this is good, in others you will hear rumors which may not be true, but can cause attrition just the same.

If you are looking at Numis Network, then do your due diligence and come to the heartfelt decision that Numis is a company you can grow personally, from either team building or retail sales.

Stay tuned for our next article as we cover the coins… If there a real market for the buying and selling of Graded Numismaic Collector Gold and Silver Coins.

Living An Epic Adventure,

Troy Dooly

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21 thoughts on “Numis Network Review: Who Are The Founders And Can They Be Trusted”

  1. I wanted to show my thanks to you for the brilliant articles on your website. Many information sites I have found on this subject are junk or trying to sell me something. Ugh! Im incredibly glad I found your website and really loved your publishing style. Bless you for your hard work.

  2. Pingback: Numis Network Review: What Others Are Saying | Numis Network Review | Numis Network Gold and Silver Internet Business Details and Insight
  3. This is the best, most measured, review of The Numis Network online. I'll be sending all my prospects who are skeptics here from now on.

    Excellent analysis of our company's founders.

    I like your summary statement at the end: "If any company has the ability to make it in this economy, in a category creator marketing coins…then this company might be it! This could be a big player in network marketing over the next few years if not 50 years from now"

    Thanks Troy!

  4. Pingback: MLM Company Review: Numis Network Creating a Numismatic Success in MLM | MLM Help Desk Home Of The Maverick Leader - Troy Dooly
  5. Pingback: Numis Network Review part 3: Is Coin Collecting a Legitimate MLM Business | MLM Help Desk Home Of The Maverick Leader - Troy Dooly
  6. Very balanced review here. Thanks Troy.

    When you start straying into the "accumulating wealth through coin collecting" you really start getting into the financial advisory role.

    You did point out that its no different than selling life insurance or something similar.

    The big difference is that life insurance agents and financial advisors are required, at least for the state I am in, to have some kind of basic training, to ensure they meet state and federal regulatory requirements.

    If not even pass a full certification test before practicing that profession.

    I'm going to guess that the vast majority of those representing Numis have virtually zero investing experience or training (or representing any MLM for that matter) and are putting themselves and the company in a very dangerous position through their marketing position as an investement alternative.

    Quite frankly they have no business giving out investing advice.

    Very very dangerous dangerous ground for them personally and the company overall.

  7. Thanks, Troy for the insight!

    Robbie
    My recent post Laugh out loud hilarious: Could this goof-ball really be making money?

  8. LOL… Well this is very interesting, and you will want to watch one of my up coming videos.

    Let's take a look at a few things you wrote, because they bring new questions to mind.

    1. What does a "big MLMer" have to do with the grading of the coins from the three most respected grading companies?

    2. Have you studied the Numismatic grading system and the companies involved? the reason I ask, is because I had to do this to cover Numis, and the coin collecting aka grading is highly regulated within the industry. Which is why HSN has allowed coins on their TV channel. If you study HSN you realize very quickly both they and the coin grading industry is regulated by the same agencies who regulate MLM… the FTC and the SEC, along with the FCC.

    3. We have talked with several 3rd parties outside of the Numis company, and MLM, and they all have the highest respect for the grading companies used by Numis Network. I would love the name of the person you are referring please send it to me offline troydooly@mlmhelpdesk.com

    4. Numis is the first to say… at the very least these coins are worth their weight. However, even that is more than most nutritional are worth after their expiration dates. People using the "cost" or "value" of the coins is like someone saying "you can buy the term insurance cheaper". At the end of the day, if people are going to get paid, then they has to be some type of market up. We see this in every business niche in the world. Either people like Numis or they don't, and should stay focused on their own company building it right.

    5. As for your last question… I answer that question in video three or four. Great question!!!

  9. Who sets the price of anything? The buyer. If you want to buy silver bullion, you can certainly get them for about $20.30 for silver eagles or mapleleafs for a little less. We do absolutely nothing to hide the fact that we are not bullion dealers. Google ms70 Silver eagles and you will find them selling on ShopNBC for $200, Govmint for $199 and First Federal for $149. You can sometimes even find them for sale for slightly cheaper but the bottom line is we are competitive. The cool thing is we don't have to guess at what will sell as our partner sold $125 million worth of collectible coins last year, also, perhaos over-priced in your mind as a lot of them were not precious metal and also modern day. But, they sold nonetheless.

  10. I heard by a big MLMer who did a lot of research that the coins are graded wrong and that the sector of grading is not regulated because if it were… this would not exist as it does today. I will gladly provide the name of one of the top collectible coin researchers in the U.S. who did all the due diligence. I believe you getting in contact with him Troy will do good for a more thorough report. One of the strongest phrases I can remember this MLMer telling me is him saying "the coins are worth their weight, at the VERY VERY most".

    Also what happens when you have millions of these being bought every year due to the company expanding.. I know that is a huge number, but wouldn't this flood the market kind of like inflation?

  11. Awesome review Troy.

    @Vann, I asked the same question until I got educated. I actually called up a coin shop and a few coin dealers and took an MS70 in. They said they'll give me $20 for it. I said "great, so what you're telling me is that you can sell me MS70s for $20?" And I totally stumped them. I said, I'll buy 100 from you at $30 to peak their interest. Granted these were 2 different dealers in two different cities. They called up their manager (owner of the coin shop) and he said no they sell them for $84 on Ebay.

    Knowing is half the battle.

  12. Vann,

    My next few posts may be of interest to you. You are correct on common coins. However, I am not sure I understand your comment in regards to collectible coins.

  13. I cannot understand why anyone would pay $100 for a $20 coin. Grading means nothing for common coins. Absolutely nothing.

  14. Hi Troy,
    I'm looking forward to both your Numis and Preservation of Wealth (POW) reviews. I always enjoy your honesty and integrity.
    Cheers!
    Sherry

  15. Sherry,

    POW is in a different category than Numis. Although they do sell coins, their business model also includes several others niches. We will be covering POW in the next few weeks.

    I think you will enjoy the review.

    Living An Epic Adventure,

    Troy

  16. Hey Troy. I've always respected your opinion. I'm in and building my Numis business. Thanks much… – Lee

  17. Pingback: Is Numis Network a scam? Find out from Troy Dooly - An MLM authoritive. | learnnumisnetwork.com
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    – Andrew Murray
    My recent post <a href=" http://www.thenumisnetworker.com/john-stalvey-funnel-review/&quot; target="_blank">John Stalvey Funnel Review

  19. There already is another nwm company out there that sells both bullion and numismatic coins – at a lower price. The other company opened it's door about 1 month before Numis, so when Numis reps say that they have no competition in nwm that is incorrect.

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