Have you failed at any MLM/network marketing business?
3 times in 3 different companies. Too many factors to mention. Overpriced product, lack of support, lack of understanding how MLM works, lack of money. To push expensive product you need money, you need to know how, you need time. if you have to go and feed your family - forget about MLM - get a job! That's what I did. I quit on time and did not lose a lot. Some people lost thousands, some made income for life. I am not one of them. Not smart(or crooked) enough. Some companies look like a good thing but they are not working in Canada anyway. One thing I know for sure - I am not pushing overpriced juice anymore - over my dead body only!
MLM is not pyramid! Point one.
Point 2, I would not expect $10,000.00 per week as realistic at any rate. That much, even /month is a bit more than I expect to be realistic. Maybe several years down the track.
If you find a company/product you are passionate about, you will do ok.The gold thing is the perfect example of taking advantage of ignorance. So completely predatory. And yes, people deserve it if they are so easily bamboozled... and it's not just the suckers showing up and handing over their "used" gold, but the guys like your brother-in-law who (possibly) had no idea that he was the tool of thieves. He didn't know anything about weights and measures or metallurgy or any of the other things that those fiends razzle-dazzle perfectly nice people into believing is true.
The scam is so old it's sad too. I'm glad your brother-in-law did well, and, fortunately, the morons that gave away 40% to 60% of their wealth have no idea, so, as long as they were happy with that handful of cash they got, who cares right?
If your date passes out and you do stuff to her that she doesn't know, and she wakes up still dreamy and euporhic about the dance club, it's all good right? Especially if you drank so much you don't know what you did to her.
in the last 14 years i have been in 4 different marketing bizs-2 of them i started from ground up. i cannot say a lot about many companies, as the first 17 years i did anything that sounded good with zero due dilligence. a good sign is if you can start and maked more money than your upline. i found ONE ethical company with an A+ Dunn&Bradstreet rating and a product that reduced my insulin intake 30%. dropped 15 pounds off my stomach, and also won the 1998 Nobel Prize in Medicine for its discovery. again, i cannot speak for many, as i've not done many for almost 20 years. there is at least one.
prosperous regards in your future ventures!i was very proud in my company, to have helped many "sales" people achieve success they never had prior. i cannot speak on other companies, but most who have been in business over 10 years are legit-mine included. i cannot answer your question about someone putting in a few dollars for no return? we all buy product, and are paid distributive savings on products sold-period. no recruiting fees, when you build a team, you share their success, in fact, i love their matching bonus-if i help you make $1,000 a month, THEN i will get the same bonus. healthy equity for sure. too many "victims" do not go past their point of their personal comfort zone, or their self-worth to get to the next level-which is sustainable income. like i said in a blog-self-worth is something no one talks about, but is directly tied to making money. btw, i never play lotto-easier to go make a million!
home biz is not for everyone for sure, i just did a review on a book by Karen Brown called What to sell on line-she outlines in detail how to make money from home using amazon and similar venues that does not require team building or networking for success. i think it was under $4? worth 100 times that.
Thanks for the complement Rochelle.
As for spamming (?), we must differ in understanding what spamming is.
I was trying to add value, by helping answer questions.
Reading my hubs was a mere suggestion along the same lines.
As for contacting me, that's purely up to the individual. Some people may not want to be contacted, so I was advising them that I am one who doesn't mind.
Thanks cags. I understand. Some people run for cover at the thought of you showing them any "opportunity". I sometimes get a flat out "NO. NOT INTERESTED" before they have even a clue what Iwant to show them. I look at it as, their loss. At least I am prepared to say no AFTER I have had a look. Oh well.
Me too. Been there done that.
Now I'm onto one that has proven way better than my past experiences.
Avon has a great name, but, like many such businesses, it's not for everyone. No one thing is, I guess.
I can recommend one I'm in. I've only recently joined and it's growing really well. Much easier than others I've been in. If you want more info, you are welcome to contact me via my profile page.
I put absolutely NO pressure on people.
the product(s) great, unique and for everyone.
I wrote an Hub on how to choose a good MLM that I feel is critical for success. This business ticks all the boxes in that regard.
Wish you well.
DJI met a lady in Malaysia who is the top Avon lady, and she's eager to join our company as soon as it launches in her country. (Believed to be late this year or early next, the word is not officially out as to the exact date).
She has in excess of 10,000 reps in her downline.
I guess she sees the "opportunity" as worthwhile.
- jerrylposted 12 years ago
0Except for one thing.
It doesn't work like that in the real world.
Why couldn't you get 5000 under you?
Not willing to work, or no belief you can do it?
Mostly, though, why join a company where you need 5000 under you to make decent money?
Or is it greed that drives people for the 6+ figure incomes?
There are many good companies that pay very nice commissions for several dozen or hundreds of downline. VERY achievable for anyone serious about succeeding..
All I was trying to point out is that the affiliate gets paid for referring a sale.
In MLM I get paid for the same reason, referring a sale. But, because (hopefully) it is a recurring sale, I would get a recurring commission.
If the one I referred does the same, they get paid the same.
As the generations go deeper downline, so the percentages get smaller, but the sheer volume adds these small percentages up.
Basically, the "top" sponsor gets paid for being responsible for the sales made "through" his initial efforts. But, I'm sure you knew all that already!
You're right! A flat plane with a single point above it.
here is a section from a recent hub:
Here is the ultimate solution you can find reading my book, The Street Smart Millionaire. If you are like me, money is likely not that important to you at all. We all live in a world that requires us to have it though. Your values may be your family, your church, your friends, your health, your work, your mind, just not finances. My story will tell you a secret I uncovered by accident that allowed me to maintain not only my family as my highest value, but also generate massive financial results in business. If money already IS your highest value, you are driven to make, keep, and multiply more money into more money. This formula will work for you regardless what your highest value in life is.
i paid quite a bit to have a "breakthrough" session with renown Dr. Demartini. He suggests that all humans have all traits-we express some, and repress others. the ones we do not like in others, are items we do not like about ourselves. we are all everything we think we are not, according to him...guess i was able to learn to love the obnoxious in me. no matter what, everything serves.Greg you are close,
but still missed a bit of the boat yourself. the consumer protective advocacy laws do tell us you have the right to sign up for free and not have to buy product-and ARE subject to a kit fee and such. by selling your people a $1,200 dollar product you were actually breaking the law as most states have either a $300 or $500 ceiling on product pricing for a network company. as you said, it is not legal to force items on persons to start a distribution business. so many of you don't even likely know what network or mlm is? getting a product to a consumer in an alternative fahsion-that's it. you skip the middle man, the jobber, the wholesaler, and pass the distribution normal costs on to the networkers in the form of a commission. simple. while i love amways soap products,and am not too thrilled about how they went about buidling their 8 billion annual company in many countries, they went to court in 1979 showing they were a legal entity and so was the distribution plan-on paper.
i not only met many of the diamonds, several came to work for me in one my own companies. a typical amway diamond makes only $160,000 a year with an average downline. they make their big money on books and tapes. not too honest me thinks that they purposely keep that secret until you reach a certain pin level with them.
most businesses fail (98%) due to lack of capitalization. even the small strip mall shops that keep turning over-same thing. MLM is no different. always look to the top of any company.
right now today, their are 67 MILLION networkers worldwide producihng OVER 110 BILLION dollars annually in sales-obviously a very viable industry and not only here to stay-grow.
on that note, for those of you choosing a company, you may wish to look for one that has been in business at LEAST 10 years.
i have been involved in 4 network companies in the last 15 years-two of them were companies i owned. the last one is in business almost 40 years and has a A+ Dunn&Bradstreet rating and is worldwide. those are some of the items you want to consider.
almost all of the comments made are victim based. all of our failures are our faults-not the companies, the upline, the anything. even if nothing else, it is our fault for choosing that company to learn whatever lesson is there for us. in 31 years of home-business, i have seen quite a bit.
maybe you all need to develop a strategy to interview a company you start with-go to their main headquarters-mosot offer open houses once a month. meet the founders and prinicples. see the manufacturing plant and get a good feeling inside for who and what you are about to do. i haven't heard ONE of you say you did this due dilligence. its okay too, becauase most got started for greed, otherwise if you were in love with the product, you would still be involved at that level. we all have some greed in us, it is whether you have come to terms with your greed or not, it was i read in your statements. blaming others is a sign, you have not. you may simply be mad at yourself for getting talked into something you knew was not true to your values. we all have, and even may again.
i used to tease that MLM stood for many Losing Money, and swore i would never do another one again. that was after i was making at least $1,500 a week in 1996 in pre-paid phone cards and the company owner bankrupted the company and i still have a sizable check i cannot cash. we did over 100 million in sales in under two years. alas, humbling that i found a company that has changed my life product wise and i was wrong. i AM doing an MLM.
my upline sponsored two induviduals that make more than he does in the last 2 years-he has been involved for almost 5 years now. he makes a month what most make annually-and his two guys make double that. anyone can come in and build a distribution team and succeed in a good company. you MUST pay the price, the price to get paid. you must do what others will not, to get what others cannot have. quitters never win, and winners never quit.
in the end, you are doing yourlselves perfectly, and cannot mess that up. MLM is not for everyone for sure. it is uncomfortable to grow and change-only a baby with wet diapers wants a change. our comfort zone is our failure zone.
i hope i can get you a copy of the my book, "The Street Smart Millionaire" when i publish it later this summer to show what i went through for 17 years of knee scrapes, heartaches, betrayals, lies, more-because my family was my reason why i wanted more, not money. neveer has been important to me, never will.
avoid the money grabs like Greg talked about. if it sounds too good, it likely is. if you have to work hard to succeed, are you willing to do that? it is always on ourselves to succeed in any business. i have been self-employed for 20 years and owned 3 franchises at one time, truly, they owned me. i walked away $162,000 in debt due to having kids back to back as i wanted to be a dad more than make those businesses make me money. i paid the debt in 7 months from my next home businness i got involved in. you ALL have unique skills no one else does-why not start you own companies?
find your hearts, you will find you are all successful according to your unique value system.
who has failed in MLM? truthfully? none of you have. you found who you are in each venture and participated according to your unique value system and got out of it who you are. all of you are successful according to who you are-period. Dr. Mikewhile i appreciate your lucidity and willl say most of what you are stating is true. it also ignores that 67 million persons are in this industry and 110 billion in sales does not lie. many are happy and thrilled with their products or checks. most business plans are not illegal. most companies allows you to join or start for FREE with it. i would not work with you if you did not buy my product as there is ZERO equity and it IS just about money then. even sales persons do not like to sell and in doing what was described is a system of failure. it is the old story of the guy who knocks at the door, he is selling toothpaste that if you use it, you will never have cavities or teeth problems ever, and his mouth is decayed and a mess. the person asks why he has such problems? he says, i don't use the product, i just sell it.
if that is what you advocate for others, you are not as sharp as i thought you were? tell me i missed something. equity in business relationships is healthy. the parable talents is another to edify that position.
in the end, we ALL have a unique value system we are true to. we developed it in childhood-our "voids" determined our values, and we have a "hierarchy" of values-what is most important to least important. money is not important to most of us-period. including me. i learned how to attach making money to what is important to me-my family. that is the "secret". our core values don't change and make us who we are-when we find others we do not like, they reflect to us what we do not like about ourselves that we have not loved yet, or found how that thing serves in our lives-everything serves, it is simply finding the form, in which it serves is the trick.
the heart of any business is to sell products and services-period. the heart of all businesses, is to make money-if your favorite restaurant does not turn a profit, you will not be eating there anytime soon. its okay for others to make money in business my friend. Dr. Mike
- Home Girlposted 12 years ago0
- Home Girlposted 12 years ago0
- Home Girlposted 12 years ago0
- Home Girlposted 12 years ago0
Hmm, 40 years old, must be Amway or Avon or Herbalife... It will probably take 40 years to be successful in these...
Being me does not pay my bills, being me sometimes prevent me from being successful. I am dragging a lot of emotional, cultural,social, personal, watever baggage from a different country that does not exist anymore. Bottom line? Well, when i'll reach the bottom, I will tell you
One common theme I see within network marketing training, is DON'T quit.
If you keep working, you will make it.
I wonder how many people give up way too soon.
As Jim Rohn says, we don't need less problems. We need to become better.
It's like a person trying to run a race, with little or no training before hand.
They will get sore and tired a long way short of the finish line.
Just a thought.
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