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Phil Heath Parts Ways with Gifted Nutrition | FLEX Online
Sometimes its wiser to stay with a well ground, stable sponsor then to get lured into another contract by promises of more money. Lesson learned? Well Phil, at least you have some cool Gifted Nutrition hats you can flat bill out at Expos like a clown. You're a Genetically GIFTED walking, talking personification of an Aesop's Fable on greed now.
p.s. Not a Heath Fan....
Why did you decide to leave the company you started?
Basically, I learned that the company finances had been mismanaged—by others who were in charge of day-to-day operations. Some people will say, ‘Hey, you were the President of GN for the last year—weren’t you also in charge of operations?’ But my role in the company, the job I performed by giving 100% effort toward the goal of growing Gifted, was making worldwide public appearances in support of GN, promoting GN products on multiple platforms—spreading the word wherever and whenever I could—and winning Mr. Olympia.
While I was out doing that job, there were others tasked with carrying out day-to-day financial operations, but they let me down. They let GN down. Sure, there were growing pains early on—for example, there was a manufacturer who falsely claimed they had FDA approval, and then we had to change manufacturers, which meant GN absorbed a huge loss. But finally, when there were signs of internal wrongdoing, conduct I couldn’t condone, it started to seem like there was no light at the end of the tunnel.
How much did you profit from Gifted Nutrition?
I never profited from GN. I never received a paycheck, nor was I reimbursed for my expenses. I paid for my own flights, hotels, food, and other expenses on numerous GN trips, which was contrary to my agreement with GN. To be clear, I did not finance the company, but I did pay for the company payroll twice after finding out that GN was unable to do so. In reality, I am a creditor of Gifted Nutrition.
Sometimes its wiser to stay with a well ground, stable sponsor then to get lured into another contract by promises of more money. Lesson learned? Well Phil, at least you have some cool Gifted Nutrition hats you can flat bill out at Expos like a clown. You're a Genetically GIFTED walking, talking personification of an Aesop's Fable on greed now.
p.s. Not a Heath Fan....
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