So many people have had a bad experience either with an MLM company or a marketer that just got under your skin.
Perhaps you are one who has had NO experience with either.
Maybe you have had a wonderful experience!
Please share your FIRST reaction when you are approached.
I'm not looking for actual active marketers responses here (please ). TY
More information please.
Is your first thought "it must be Amway", but is that a negative, or not? Are you immediately turned off, open mind...what?
first reaaction is, another amway rip off and wanna be.
The unfortunate part about MLM is not that they arent legitmate businesses but that one person can not make it by themselves without a network.
Other sales gigs and businesses allow a person to make money based on their own sales.
MLM requires a person to have an absurd amount of downline......So much so that it is incredibly hard for anyone to make a decent living.
The amount of people that are required in the downline forces many people into going beyond their friends and family to prospect. This is where I have an issue.
A typical scenario is this:
I am in a bookstore reading a financial magazine some one comes behind me and stares over my shoulder and says....."Wow nice car! Wouldn't you like to have that?" They go on........."My name is so and so and I run distributerships up and down the West Coast. You look like someone I might be able to use." I take offense to this. I even say, "This is Amway. Isn't it?" They say, "No this is World Wide Dream Builder (aka Amway).
I have been approached about 20 times this way. It is offensive. People are taught to prospect this way and all I want is peace. I would have less issue if someone where to sell something than waste my time with lie.
I cover scams pretending to be MLMs (specifically a scam that claims to give cheap travel, but doesn't require you to sell anything).
After extensive study of the industry (peripheral to the scam), I found MLM to be an extremely DANGEROUS form of business, always in the slippery slope of turning into a scam.
Think about it:
what sort of business would encourage you to liquidate your own market (i.e. recruit the people who buy your products, turning them into your competitors)?
what sort of business would not tell you how much you actually have to spent marketing the stuff, leaving it all up to you? (it's called "multi-level marketing" because the company doesn't pay for marketing, YOU do!)
and so on and so forth.
Even a legitimate opportunity can be turned into a scam / cult if the leader choose to run it that way. I found a lot of so-called "motivation" material by various "coaches" and such to be utterly cult-speak, with titles like "How to Avoid Negativity".
Thus, I would NOT recommend MLM to ANYBODY without EXTENSIVE training so they know the TRUTH about the situation instead of whatever their sponsor choose to tell them (which are often exaggerated or are outright lies).
MLM can be a dream come true if it is done correctly, and a nightmare when not. seemingly in the big "balance of life" the few good ones are counterbalanced by the host of rats. MLM is simply an alternative distribution system to deliver products/services-nothing more or less. the bad apples who spoil the bunch is only temporary-they do not stick around using falsifying tactics to "recruit". you are all correct about all the baggage that comes with many companies, and alleged companies.
Jim Rohn said so well: Set a goal to become a millionaire, not for the money itself, but for the person it will make of you in order to achieve it...
The problem is it seems 99% of the MLMs out there are a financial BAD DEAL for participants.
I believe it's Dr. Fitzpatrick (Robert Fitzpatrick, that is) and Dr. Jon (?) Taylor who did a study, and found that 99% of participants in a MLM LOST money, and this is LEGITIMATE MLMs such as Amway and so on.
Not exactly a good way to make a living, despite all the success stories... Unless you're out selling a dream, not a business.
Classic statement by the "Man" himself. Whenever I'm feeling a little deflated, I pop in my set of Jim's CD's, and become immediately uplifted.
What a top guy.
MLM is a lot of work. Yes, many people have been unsuccessful. Its important to have a good marketing plan and strategy, and learn about attraction marketing. Using twitter, and facebook could help a person to find leads. MLM takes work, and success does not happen overnight.
Yes your statement is very true. And I very much like Jim Rohns ethos about "Set a goal to become a millionaire, not for the money, but for what it will make of you to achieve it". Nothing in life comes without some effort, so if your going to work hard at something, why not work hard working towards something that can give you financial freedom for you and your family, for years to come?
When I heard about MLM at that time I was exited and made lot of research on internet about MLM and took ideas from my friends about MLM.
MLM is a good thing by which you will get money in short period of time.
I was a member of Amway for a short while (wrote a hub on it.)
In my opinion it can make you rich - if you're the type of person who would've eventually made money or got somewhere in the business world. In that case it might be a head start.
However I think if you're just the average joe blow who wants to get rich, it'll never happen.
But, what's your first thought if/when you are approached now?
I can find easier ways to make money and still keep my friends.
Sadly, for a lot of people it ends up being one or the other.
I thought the two can coexist quite nicely. (if done right, of course)!
Since many people are sceptical of MLMs it can be an uphill battle - and almost impossible unless you're a real people person.
Amway themselves say that out of 100 people who view the program, only 2-5 will sign up. And how many people have that many friends?
I'd say, "in my opinion it can make you rich - if you have no conscience about using high pressure sales tactics on your friends and family".
That's my biggest problem with MLM schemes - they encourage you to treat your nearest and dearest as customers. That's fine if you love the products and simply recommend them, but I've seen too many MLM'ers emotionally blackmail their friends into buying. It can destroy friendships!
Even worse is when they put friends or family up as potential new recruits, because the recruiters can be really high pressure.
Mind you, the recruitment interview worth a few laughs, when they're trying to recruit someone like me. Their pitch is to ask you what your dream would be. They expect you to say a new car, nice holiday, bigger house etc.
They found it unbelievable that I wouldn't be prepared to spend my evenings and weekends flogging products, even if it meant making a fortune. For me, work/life balance is more important than money so the pitch just didn't work, and it was quite comical to see their faces!
I think they are great for people who are natural sellers or those who live in large areas. Around here, there are not enough people to really make a go of it. For me, I will only sign up if I want to get some stuff at wholesale prices, and I let the person know that up front.
I spent 10 years in MLM and I found it could be a valuable resource, depending on how it is used. Approximately 97% of the people who enter MLM make nothing and lose even more.
My first reaction is to investigate the company from all different aspects, so as to prevent being scammed.
I like opportunities - but as soon as someone gets pushy with me, I'm out of there.
I used to sale commercial trucks and trailers, new cars, used cars, relocation and storage jobs, at&t uverse, electricity - and more. I think I am like any other potential customer, I HATE PUSHY SALESMEN!
It certainly is a people business.
I think it should not be about sales, although that's where the money comes from.
I recon it should be about the (true) benefit of the product. Then there's no need for pressure sales, or blackmail etc.
I think you have absolutely nailed it with this point. If the product speaks for itself, it doesn't need any hard sell at all, and if the product is that good, why wouldn't your friends and family want to know about it. I am making money with such a company and I don't have a downline, just fabulous products, that very much work.
My first reaction is generally something akin to "Get thee behind me, Satan!"
My first reaction to MLM's is what is it going to cost me. The second is won't work for me because I can't get into 90% of the houses in the town I live in. Although I do have friends who would try to sell the Brooklyn bridge its not in me to try. Telling instead of selling is more my style.
How much of your negative responses are fear based, misunderstanding (ie jumping to the wrong conclusion) or on actual experience(s)?
I've tried a lot in my time, including Amway, but also pre-paid legal, alarm systems, and radiant barriers, just to name a few. I always got excited when all the potential earnings were laid out in bubbles or trees or whatever, but it turns out I just don't have the personality to work that kind of business.
Now whenever I'm approached, I try to be polite, but I say "Thanks, but no thanks."
Is that "no thanx" even before you know anything about it ( whatever "it" is)?
Or, is it after you learn what it is? ( assuming you already knew it was some form of MLM)
I'm sort of assuming you are saying no to any further opportunities, (outright). Or do I get that wrong, and you just might consider it (for whatever reason)?
You read me right. I understand MLM, I even approve of it, I just know I'd rather write, program computers, or ride horses than try to work that business. You can't quite say I don't know anything about it, if it's MLM. I've been there, done that. It could be a new product or service (like the energy brokerages that are going around) or something totally different, but I'll bet that the underlying sales model is pretty similar. Am I being prejudicial? I suppose. But you asked, and I'm answering honestly.
My reaction is that I would not know exactly what ether thing was, but they don't sound like fun. Maybe you can't understand this but anything that sound a bit like 'I want to sell you something' is a turn off these days when marketers and advertisers are everywhere we look. Who sees a marketing or selling person coming and thinks 'gee, great I am sure they have something that will make my life easier'? I know I don't.
"I know I don't."
What if they DID?
What if there was something they were offering DID have profound benefits?
By you refusal to listen, you could be depriving yourself of them. You may never know it, because you didn't take time to listen.
I, too don't like being "sold to", but, in saying that, I am open to listen, because I have NO PROBLEM, saying "No, thanks. I appreciate the thought, but that's not for me". In fact, I have done that a number of times.
Thanks for your comments.
...first reaction to MLM?...the letters hit close to home...nothing to do with network marketing...
Many Losing Money was often my first reaction. like cagsil said, check out the company thouroughly first. most make emotional decisions, not well thought out researched business decisions though. I swore off MLM 15 years ago, and have since been humbled as i found a product and company that changed my life and health.
having a home-based business for most is SMART if nothing for the tax benefits-with a sharp pencil and maybe a good accountant, you cannot lose anything if you own your home currently. most are not cut out to think like a business owner. our society still programs you to go to school and "work for the man" (or woman).
no matter what business you all are in, you ALL are in the people business-when you run out of people, you run out of business.
even sales people do not like to sell. most take it personally and view a "no" as a failure. that is the difficulty in networkiing. if you all asked you friends and family for a referral instead of getting into business with you, you may find more results-you may state you do not want them to come into business with you, just refer someone who is ambitious or business minded.
it is tough to make it. if it was easy, everyone would do it. working for 50 years making 50K and having not even a house paid off to me is much harder. it is relative to the individual.
The first reaction came when Muetti joined an MLM.
I became skeptical of how she got into it, and the company in question is 5LINX. I did my little research on the company, going beyond the facts of its Inc. 500 status and fluff. There's a quote from a entrepreneur website about the MLM company and how it is a scam:
...the 5Linx organization is nothing more than an advanced pyramid scheme and has no substance whatsoever making you work long hours with minimal rewards but also creates the idea of success through an illusion that may fall victim to.
Even though 5LINX is a reputable company that sells products that people use every single day (a lot of MLM's sell vitamins, healthy chocolates, etc.), those people believe that it's still a Ponzi. They have those accusations in mind because of the lack of marketing skills. Even though it's a reliable MLM that sells products that are not gimmicks like acai supplements and stuff, people need to learn how to market efficiently to succeed.
Muetti is learning every day to market more efficiently and be proficient in doing her business, and she has been working for that for nearly a year. She is an executive director, and being close to a national director. Her goal in mind is to reach for at least a senior vice president, but to get there effectively, she has to brand herself more and commit to it more, among other things.
Conclusion: don't assume all MLM's are pyramid schemes. Do your homework and learn how to market efficiently, preferably before joining one. That's my 2 cents.
The problem with that assumption is it is MUCH SAFER to assume MLMs ARE pyramid schemes, unless proven otherwise.
In fact, most legitimate MLMs can be ran as a pyramid scheme, if it emphasize recruiting and autoship (which basically is recruiting disguised as sales). It will claim to be legitimate under current rules, but it RUNS like a pyramid scheme.
A certain coffee MLM (yes, there is such a thing) asks you to make money by recruiting one person every month, and makes sure THAT person also recruits one every month (and so on).
Given that want want to autoship you coffee that's WORSE than Starbucks stuff, at twice the price, it sounds like a disaster in the making.
The confusion is often made, equating MLM with pyramid.
Most people working for a large company are actually in a pyramid scheme.
They just don't look at it that way.
The first word that comes to mind is "scam." I think anyone who is able to successfully market a product for an MLM company could have made more money marketing a product from a more legitimate company.
MLM companies aren't real businesses, in my opinion. Their first order of business is to get less education people involved in marketing the products so the MLM doesn't have to. Why less educated people? Because anyone with two bits rolling around in their head will realize that:
A: They will never make money selling the MLM's product
B: Even if it DOES pan out, the energy and time spent to get it to pan out could have been used on something more profitable.
Interesting bit about a particular MLM company. My mother got involved with one of those companies (a LOT of people claim it's a legit company but I just think they are dirty, dirty people.) My mom ended up getting scamming... having to pay a monthly warehouse fee and make regular product orders of a certain amount in order to be a part of this company. Upon attempting to cancel, they made her jump through hoops -- a several month-long process (all the while having to pay the company as she was bound by a legal contract she never even saw.)
I wrote a professional hub about this particular MLM company and received cease & desist letters for defaming them. I'll eventually get the hub back up when I have an attorney look it over and make sure I'm in my legal right to write what I did. Until then I have the C&D framed in my office.
Sometimes even your homework is not going to help. You can join a complete legitimate company, that simply in your area, by your upline is operated like a "scam machine". Or is simply not working in your community, town, country. And nobody is going to tell you that until you get involved, waste your money, time, get frustrated, what not. I understand when people just hate MLM.
Not unexpected attitudes, either.
I see that the words MLM/network marketing, scam and pyramid are interchangeable in a lot of peoples minds.
I think that is so sad, because they cane (easily) "throw the baby out with the bath water", as they say.
Does mlm/network marketing ALWAYS = scam?
Of course not.
But people are too lazy, upset, fearful (whatever) to look at things objectively and judge fairly.
This is, in MHO the number one reason why the market will NEVER be saturated. One favorite argument of the ant-mlm'rs.
There is indeed room at the top, because the bottom is saturated.
nice-in over 31 years of networking i have not heard that one yet-good one! i remember shaklee in the 60's and early 70's as my best friends parents were involved-they never used shady tactics-they loved the products. it wasn't until amway used it's bait-n-switch type responses that caused us to mistrust. in the beginning, most of the network companies were completely legitimate too, and many still in business. the industry represents 110 billion in annual sales and over 60 million distributors. i would think most now would be smart enough to at least do business with a company that is a minimum of 10 years old. in the end, no one should be able to be "scammed" either, as all business losses are deductible (ask your professional for specifics) and often reaches much greater in benefits than the amount put in, so anyone who cries is simply seeing a two sided event with a one-sided viewpoint that is not true. btw, it is NOT easy to make money in your own business, or you would have by now. jim rohn says it best: Set a goal to become a millionaire, not for the money itself, but for the person it will make of you in order to achieve it...
In China, all MLMs are considered to be scams.
Officially, Amway in China is on a direct-sales model (from what I can tell). There are no "levels", at least officially. All direct sales companies have to register with the government and get a special "direct sales permit".
Just the other day, I ran into a person who claimed "there is no market saturation, because some people die, and others are born, so there are always new people to market to".
I'm like, WTF?! Since you can't market to dead people, this person clearly wants to market to babies.
You're kidding, right?
Surely you are not serious!!
Nope, was NOT kidding. Someone actually posted the following comment on another blog:
"In theory, any MLM model would eventually fail because you would run out of people. In reality, that’s not the case. Old people die and new people are born. So, practically speaking, legit MLM will continue to be sustainable model as long as humanity is still around."
Don't believe me? See for yourself:
http://behindmlm.com/companies/pyxism/p … ment-32942
That quote I don't have a problem with.
What I was commenting on is;
"I'm like, WTF?! Since you can't market to dead people, this person clearly wants to market to babies."
That's the ridiculous statement, not the quote!
But that's what the quote meant, right? (some hyperbole involved)
I'm baffled by your comprehension.
No-one in their right mind would claim to "market to babies and dead people".
I don't care how stupid of a network marketer one is, they would not claim that!
The original quote merely presupposes that there are always new people born that become new potential networkers.
I have people in my business that were not even alive when I was doing this (albeit in another company).
The market will NEVER become saturated. It may become resistant to MLM, or a particular company.
No one company ever expects every person on the planet to be signed up with it. As much as they desire it to be so,
It will never happen!
But aren't you just splitting hair here? Market saturation means market was adequately covered by sales people. Whether there are too many reps or too few prospects, the result is still the same: no more sales. Whether you call it market resistance or market saturation, it amounts to the same thing.
Not if the product is consumable.
There will always be repat sales, despite "saturation".
But consumption rate is also finite.
There's only so much nutritional supplement, or detergent, or cosmetics and what not I need every week/month/whatever period.
Repeat customer just means repeat sales, it doesn't mean NEW customers. When most customers who want the product have been reached and have access to the product, that's market saturation.
Wouldn't you love to be a part of something that big?
I know I would!
Whist you are debating market saturation, there is a huge, yet untapped market wanting "things" that can only come to them via mlm.
The company I'm involved with is yet to go into China.
You'd be wise to have a look at becoming a part of it.
Unless of course you are just a closed book, that has already made up his mind.
Have a read of what I wrote to Marissa, a couple of posts back.
You didn't answer my comment.
I read what you wrote Marisa. I am not in an MLM and not interested in joining. I am too busy running 3 companies of my own.
Every new product comes out claims to be different, better comp plan, so on and so forth. It all comes down to the same things: sales and recruiting. Too much recruiting, and you become a pyramid scheme. Too much of a tightrope act.
I have seen many people work incredibly hard in mlm's. I have a story regarding on mlm and business associate who tasted success and then his business fizzled. Before a tell this story I beleive that the biggest failure in a mlm's for most people is a lack of success within lets say a year. This is due to one problem and that is there is not an mlm (that I know of) in which a person can succeed on just what they sell. They need a large network and a downline of 80 says there is a one in 80 chance of making money. Those are poor odds. This is why even a successful business can go south.
Which brings me to my story. I manufactured add on displays for a distributer for Nikken Products. He tried to get me in for a long time but I never did. I went to a meeting after about 20 invites. Someone said at this meeting that a magnet will change the ph of a lemon. This was a room full of 500 people. That to me is a lie so I never went back.
In the mean time the business associate believed and worked very hard for a decade building his business. He was becoming successful. He had a large downline and had people all over the country in his group.
Well shortly after he built his success, magnets were sold on line............Not for a couple hundred dollars but for $5 to $10.
His whole organization imploded...........Ten years down the drain.
This brings up a few more reason why mlm is a hard way to market items:
1) They are way over priced.
2) When they are esoteric or propriotary often they lack customer appeal.
3) People hate the idea that they have to market to their friends and family.
I am not saying that mlm are lies but often the people who try to recruit lie. Lets face it.....If a mlm requires a large downline, then that means there are a lot of people who wont be successful. It takes a special type of person and it is not for everyone and certainly not for me.
True, but we all have such busy lives these days, and it's so easy to find the products we need elsewhere, why waste time on something that has a good chance of being a scam? As a consumer, I don't see that as laziness, I see it as an efficient use of my time.
I also think consumers' behaviour has changed, certainly in Australia and the UK. These days we're all more independent when it comes to shopping. If a shop assistant approaches me in a store, I'm more likely to brush them off than accept her help - I'll speak to her if I have a question, but I don't want her pushing products at me, I want the time to select things on my own. I think most younger generations feel that way - they're used to self-managed purchases online and in stores, they don't see the value of a sales rep.
For those thinking of starting a business, I agree the situation is slightly different. You owe it to yourself to thoroughly research the opportunities available.
However many MLM schemes don't make it easy to do the research. They won't send you any material, they insist you sit down with recruiters. But then their recruiting presentations are big on glossy images and low on facts. I've sat through a couple of those. Both times, the presenters got defensive and borderline rude when I asked for some hard facts, and told me I had to sign up before they would tell me anything. I can understand someone throwing in the towel and giving up on MLM schemes altogether after repeated experiences like that.
That's all true.
However, if the product is patented, and unique, (such as the one I sent information to you about). you cannot just go out and buy it anywhere.
In this specific case, there is a level of "education" about the product that is required, which is not always easy to research.
I for one don't "hard sell". If the benefits of the product are not what you want, it ends there.
I think that hearing me out is part of due diligence. Hey, just say, "thanks, but this is not for me".
I'd rather that than you jumping to conclusions, BEFORE you have the information.
Besides all that, if I have to twist your arm to get in, I may have to keep twisting to KEEP you in.
Quite frankly, I couldn't be bothered. I've got enough to do, without that to boot.
Alternatively, if you just want to be a consumer, again, I don't have to "keep" you.The products benefits should be enough.
BTW, I will be in Sydney in a couple of weeks, and I'd love to meet up over a cup of coffee, (my shout).
No pressure. Slap me if I apply any! (If you decide to take up my offer).
Being given the brush-off in that fashion (i.e. being told you have to join a scheme before they'll give you any hard figures) is a HUGE red flag. As are emotional blackmail and psychological manipulation techniques, some of which I've seen being used on this thread: "you're only expressing scepticism about MLM because you're afraid of success blah blah blah..."
I think, I have joined several in the past and I am not good at recruiting or selling stuff just for the sake of getting more money. For instance I am a Pampered Chef Consultant and it is hard for me to push several of the products because I know I can go got IKEA or even Fred Meyer and get similar items for far less.
when you are a part of a business you believe with 100% conviction things will start to change for yourself. 1% doubt does NOT equal 99% faith. when you decide you are worth more, you will change your whole approach from both recruting and selling. after 17 years of serious work and no real success to speak of, something finally changed. me. i became the millionaire inside first, and the money followed. without one shred of arrogance, i simply asked people "why should i work with you"? instead of please come into my business and begging because it makes so much sense. my question was straight up, convince me my valuable time is going to produce healthy results. i was "sorting", not selling. this is the illusive quantum change most will not make as all of us have past "baggage" we simply must get past and leave it there. you are all extremely valuable and unique, it is up to you to take the value and uniqueness forward with confidence and literally forget the past, except to teach you/us what roads you do not wish to go down anymore.
If I could get any product sold by MLM in a retail outlet for cheaper, I wouldn't even bother joining!!
To me, the product (must) be unique, and consumable. Otherwise there are no ongoing sales, or there is competition (in the area of price, at least).
As far as selling etc, I don't like that idea myself. Especially to friends and rellies!
Maybe, maybe not. In this case it's salesmanship that will carry the day.
I mean, you could go to Sur La Table, or William Sonoma, and pay premium prices for cookware, or you can go to IKEA and other places, and pay a bit less, but is it really the SAME THING? The idea is to market the differences. That's how Apple, and Caddilac, and MBenz, and BMW and so on are successful when they encounter cheaper competitors (that, and some lawsuits)
I agree with DrMikeFitzgerald. The masses spend an entire life time working at a job, thinking they will get promoted and earn 3% raises and be set for life. What most are set for is a set up for disaster and unfulfilled promises. The state of jobs in the U.S. discourage people from helping others and becoming their own financially independent person that MLM can help a person achieve. When you find a great company with a great product and great pay outs, you should jump on the chance. You'll have more of a chance achieving your financial and personal goals with MLM than you will working a standard job 40 hrs a week. If you are interested in knowing what that great product is and that great MLM (which is called Network Marketing) and great payouts, ....
Correction: DrMikeFitzpatrick, I mean instead of Fitzgerald.
no worries, i answer to almost anything! my friends call me "fitz". besides, when you press the more button at the bottom of a post entry in the first ten minutes, you can edit the post, (i learned this the hard way too)
what is so crazy about what you said? working 40-50 years and having nothing is hard, not what i did. (at least to me by comparison) we struggle and succceed, we struggle and fail, either way, there is always a struggle. i know in my heart, if you do not quit, you are not failing either, you are that much closer to your succes in business.
great hub question AKA-DJ, lots of answers all across the board. both interesting and insightful. reminds me of a physcology class experiment where we all look at one painting, and get as many persons looking unique responses back as to what the painting is about or conveys. the eyes of the beholder.
The problem with that idea isgiven that only a TINY portion of population is "replaced" every year, the statement "market is infinite" only make sense if you have infinite amount of time to market to them.
Because you don't have infinite time (your own time on earth is limited), the statement is false.
I never used the term "infinite".
I am just stating the obvious. There are too many people who are not in mlm's, therefore the market will never be saturated.
I don't get what you are trying to prove anyway.
The market may resist any further penetration, but that is not saturation, because the market is always changing.
I had no intention of being in an mlm up till last december. I was in several up until about 7 years ago. However, I was approached by someone I respected, who introduced me to what I am currently in.
Why did I change?
Because this on ticked all the boxes.
See my hubs about this subject, if you like.
I was once in, then out (resistant) then back in.
"There are too many people who are not in MLMs" may be true, but you can't reach everybody in the world like that. What you get instead is "customers" for your products (which is much smaller number), "that you can reach yourself given your resources" (even smaller)?
You may not have said "infinite", but the person I quoted did.
"Because you don't have the infinite time" reminds me of the movie Limitless. The character takes a pill that enhances the brain and he becomes really smart really fast. He goes from a depressed state to a confident state and is able to learn math and algorithims, the stock market, and becomes a U.S. senator all within a short period of time. Talk about catching up to time, instead of time out running a person's abiity to do all he/she wants to do.
MLM shouldn't be about selling, but should be about fun, understanding and correcting mistakes, and getting results. If you just focus on getting the money, you have gone about it the wrong way. Money shouldn't be the motivating factor, but it is the resullt. It's like with business owners. If they went into business for making money only, they'd get burnt out quickly. They go into business because they enjoy what they do. If you enjoy meeting people and helping them attain a better life personally and financially, you can do MLM. So if you have been in MLM before and have been in it for only the money, I have a story for you to read that will change your perspective on how to approach MLM.
Except the guy's brain pretty much burned out at the end of the movie, right?
"If you love your job, it ain't work" applies to MLM too, but it is rare to find such a job or opportunity that really gives you the freedom without having it devolve into a personality cult that falls back to pyramid scheme-like recruiting drives.
Run as fast as you can! They all have one thing in common; profit first people second! The culture is based on profit but the products or services are nothing special and in most cases are duplicatons at a premium price. I have found if it's offered by MLM organization it's probaly not the best money can buy! I don't have to mention the stress it places on your friends and family!
Where do you run to?
Why run, in the first place?
There are very real, practical reasons why an MLM is used to launch a product.
Not every good idea, or product has 'megabucks" to launch it to the market.
Time, however will sort out whether or not the product/company is good enough in that market.
Way too many good ideas/products have been bought out by huge conglomerates, NEVER to see the light of day.
Had it been launched via MLM, it may have stood a chance.
Don't run, but investigate, I say.
We should all do our due diligence.
Or, just say "NO, I don't want to change. I'm happy being & doing what I am now!"
I actually addressed all that in a hub I wrote last week... it's called 5 fatal flaws of MLM. One of them is "questionable profitability / marketability of the products". This magnet thing is based on pseudo-science so it's one of those quack cures.
MLM.. seems to bring with the distinctive smell of being scammy or having some strings attached.
@kschang: Actually, by the end of the movie,Limitless, the main character has refined the drug and it doesn't affect him in a negative way without it, so all is well and good with him and his upbeat life. A nice little twist.
To all: Find a good network marketing company and go with it. It's no riskier than riding the tide of the 9-5 job. Think about it, how much do you spend to work your regular job? Whatever you do, you spend money, time, and energy for it. If you have persistence, in the long run, the Network Marketing will out perform any traditional job. One of the best network marketing companies is run by Donald Trump. He doesn't put his name on just any product. You're right, there are some riskier companies, just like there are some very terrible traditional jobs a person could work for too. You can't say that if one company is bad all the rest of them are bad. That's not good reasoning. Get in the best frame of mind and be an encourager. To be a network marketer no complaining allowed, just those who want to live a successful life. Enjoy your Labor Day weekend and be safe.
by Fel Amejan 9 years ago
Please share your thoughts, experiences and ideas so that others may have some ideas before joining.
by Mavis Nong 12 years ago
What's the best business model to choose and why?Today, home business opportunities are found in MLM, direct sales, affiliate marketing and so forth.
by Shane Brown-Daniels 11 years ago
What is the biggest lie or deception in Network Marketing?Newbie Network Marketers get involved in MLM companies with hopes of making it big like their sponsors or others, only to realize that things are not always what they seem.
by George Poe 13 years ago
Why is multi level marketing derived by the majority of people online - feedback appreciated!?I have been involved with network marketing on and off for a number of years with some success and some failure and as I travel the internet I observe a high level of bad press and criticism for the MLM...
by Timid Networker 8 years ago
Just wondering if there are some folks out there who have made it big in the MLM world ...
by websclubs 11 years ago
What are ways to Success In Network Marketing?
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