In this article I’ll be going over Penney Ooi of WFG/World Financial Group (aka the newer version of World Marketing Alliance / WMA). I’ve worked with her back when she was in the Santa Clara office and from my personal experiences, you’ll learn whether or not Penney Ooi is a scam artist.
Let Me Tell You Something From the Start
I’m no longer part of WFG. It was a great learning experience, and just like many experiences in life, we learn from them. While I don’t have anything against Penney, I did get a lot of questions about her…asking if she was for real.
Some people thought she was so adorable while others felt she was a fraud. In my opinion, she didn’t do anything fraudulent. In fact, it’s all a matter of the mind and how you perceive things.
For example, you can either see a glass half full or half empty. Which one is correct? Both…the truth lies within the person who has whichever perspective.
A Personal Experience
I remember a presentation when my prospect asked if the company was an MLM company. She new that the prospect had something against MLM’s and so she described what the company did without making it seem like an MLM company. Did she lie about it? No, she actually repositioned the idea in the prospects mind. Pretty cool if you ask me.
The Good Stuff
I ended up learning a lot from Penney. I remember here giving a presentation at the Daly City office back when it was off of Gellert and another Marketing Directory named Jackie Tam was running it. She talked about characteristics of running the business. She gave analogies to fisherman, tigers…etc. From that day forward, I’ve been running my business like a warrior and what she mentioned just stuck in my mind.
With all of that being said, I did learn a lot from Penney. She really does have incredible will power in moving here WFG business forward.
Okay, enough of the cheery stuff. Let’s get into the dirt.
The Not-So Good Stuff
I personally could not follow Penney. She is pretty successful in what she does and I don’t have any complaint about that. Her lifestyle choices are too different from my personal goals.
One of the reasons why I left the company is because I really didn’t want to follow the leaders. They really didn’t live the type lifestyles that I wanted. They had the money, but they were working too hard in my opinion. I’d rather make a lot of money, work less and have a balanced life.
That’s not really Penney’s fault. I think she really is a product of their system. I’ve seen a lot of similar issues with distributors from other “traditional” MLM companies. Other issues: Pushing people to meetings after meetings is a core part of traditional MLM.
Another issue I had was keeping the business too simple. I understand the whole KISS thing, but Xuan Nguyen and Penney had it appear so simple that even a dumb-dumb could do it.
I recall hearing, “meet more people” or “find their hot buttons”. There’s a lot more to building relationships with people than just saying “build a relationship” and “find their hot buttons”. While we can learn those things on our own, it’s easier to learn from other peoples experiences instead of hype.
I kind of think about this like raising my children. We can keep things away from your children to make things seem easier than what they are, or give them a does of reality so they’re more prepared for their future. There are pro’s and con’s to both…but the choice really depends on what you really want.
Life after WFG
While I did learn a lot while I was in WFG, I learned tons more after I left the company. Thinking back at my time in WFG, I felt like I was in bondage, learning within a little black box. Later, I attended industry meetings and learned a lot from other agents outside of the company. I learned about sales, recruiting, and multiple marketing systems (yeah, you can actually use multiple systems to build your business).
When I was in WFG, I didn’t know any better and meeting several new people a day was all I could handle with the time and system that I had. Years after I left, I started using the internet to build my business. That’s where things changed. I started using business automation and discovered ways to get hundreds and sometimes thousands of prospects to come to me in a single day.