Robert Dean is on the move again.
After leaving TNI he went to Monavie, then to Evolv Health, then to Visalus and now he’s reportedly with Limu International.
That in itself if not so newsworthy, but it seems the good Dean has become a professional “deal marker” and earning heafty bonuses each time he makes a move.
According to Nick Sarnicola, Co-Founder of Visalus, it’s about time that people wake up and take notice of what’s going on. He certainly has and is now warning other company owners about the dangers of dealing with Mr. Robert Dean.
Here’s a copy on an email he sent out recently:
As many you of you on this email head to Orlando (at least that’s what the grapevine states) I wanted to wish all of you well should you choose to leave us. You are all good people who only want the the best for your families – and I hope you find it where you are at. There’s only so many times you can move before everyone you know stops listening, so my wish for you is that this is the “last move” for you…again.
Its been stated to several people that the “deal to go to Limu was just too good to pass up” by Mr. Dean. As in the his personal deal. In September 2010 Mr. Dean shared with me that in order for his team to transition (15 people he said) to Visalus and stay full-time and be able to travel and build and not skip a beat he would need a large chunk of money upfront. Me mentioned that he had a couple million dollar offers on the table, but he really wanted to be with Visalus. I mentioned to him that Visalus doesn’t do deals, but I could probably put together a group of investors who wanted to help Mr. Deans TEAM build and not go backwards. I mentioned that if he was 100% sold on Visalus and wasn’t going to jump again for the next “deal” waved at him that I would put my word on the line for him. So I did.
The investors proceeded to fund Mr Dean (on my word) $175,000 signing bonus to be used to fund his TEAM and their needs and costs of doing business, etc. They also went on to give Mr. Dean an additional $175,000 for hitting production numbers over a course of time to keep his TEAM going. This totaling $350,000 given to Mr Dean (plus his commissions) over a 90 day period. Obviously the inverstors intentions were to give the money to his TEAM upfront so they could get off the ground and they would maybe the investors would begin to break even a year or so later. All of this based on my trust with them and Mr. Dean’s word.
A few weeks ago I learned Mr. Dean was looking at companies so I sat down with him and asked. He vehemently denied looking at companies and I quote “I would never do that to you. If I was going somewhere, I would tell you as a friend.” Interesting.
Within days I knew more than I cared to, but the most horrifying thing I learned was that the $350,000 that he asked for for his TEAM and their needs and their expenses and their building of a business and travel and fly-ins, etc etc – never quite made it to them. There were a few people that got a few crumbs, but thats about it. I received a very sad call from one of his leaders asking me, “Nick how could stop funding us in december? We had the worse Christmas in our entire lives and Rob said it was because you stopped funding us.”
Baffled I pulled the wire transfer up to confirm that Mr. Dean received a $75,000 payment during the first week of December – but told his leaders that we didn’t give him anything. The team was mortified when they learned how much Mr. Dean received and how little he had shared. So I guess the big question is….where did all of the money go? Attached is a copy of the contract Mr. Dean signed so you are up to speed.
The big question I know everyone wants to know is this: WHY AM I DOING THIS? Simple – my value system. Someone at some point has to stand up for what is right. And this was WRONG. I want to make sure companies, people, investors, and teams don’t keep getting hurt.
RECOMMENDATIONS TO ALL:
Ask questions – if your leader is getting something for going somewhere, find out what, how much, get yourself a piece – you are the one doing the production numbers. And as you have learned today, the number is probably bigger than you think. Its been said by Mr. Dean to me directly that he received $3 Million from Monavie (may or may not be true – who knows). Its also been shared by his leaders to me that they didn’t see but crumbs of it. Get your fair share.
If you are promised money, I recommend you get a contract directly with the company – protect yourself
For Limu Corporate – I recommend that you also do contracts with people directly and not one person who will “take care of the team” – learn from the mistakes of us and Monavie and probably others.
Again, this is a crusade for whats right. Their are people ruining this industry because of horror stories like this, and maybe if someone stands up and blows the whistle – it will slow down or maybe stop.
Best wishes on journey,
Editors note: what do you feel? Is a Robert Dean a networking legend that deserves all the signup bonuses he can get? Or simply the industry’s biggest (litterally), best paid prostitute?