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en·tre·pre·neur –noun Entrepreneur, translated from its French roots, means "one who undertakes." The term Entrepreneur is used to refer to anyone who undertakes the organization and management of an enterprise involving independence and risk as well as the opportunity for profit.
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Old 08-15-2003, 07:10 AM   #16 (permalink)
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May I ask what MLM stands for? I've never heard that acroynm before.
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Old 08-15-2003, 07:36 AM   #17 (permalink)
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MLM ??

Stands for Multi Level Marketing

U gain financial leverage in various different ways, have a look at www.retirequickly.com/55828 , should explain everything....

I've researched loads and was personally active in 1 just for the experience before I joined this one www.retirequickly.com/55828, it makes much more sense with loadsa benefits and great voice ecourses and pays the highest commission ever, very much higher than affiliate programs and deffinitely worth the little effort and investment.

check it out bro....

Still wannit to chat online with ya, but i never see on ?

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Old 08-15-2003, 10:59 AM   #18 (permalink)
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MLM is pretty simple, basically you have a downline (I think that's what it's called), of people working below you. And you earn commissions on their sales...

So say you recruit 2 people and earn 25% on all of their sales, then they recruit 2 more people and you earn 15% on their sales. I think most MLMs stop at two levels deep, but some go farther.
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Old 08-15-2003, 11:07 AM   #19 (permalink)
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Wouldn't the best strategy then be to forget about selling products to end-consumers and instead sell more sales positions?
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Old 08-15-2003, 11:22 AM   #20 (permalink)
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Yes - that is usually the strategy - which is I why I think many MLMers are so irritating - they're never caring about their product, they always care more about hounding you to join their "60k by christmas with HUGE vacation pay" team. *gags self*
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Old 08-15-2003, 11:48 AM   #21 (permalink)
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I'm inclined to agree. Would any active MLM'ers care to offer a dissenting opinion?
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Old 08-15-2003, 12:37 PM   #22 (permalink)
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My wife sold party supplies for an online MLM company. There training focus was about recruitiung more people and not selling products. This can only last so long. The company has been bought and sold and filed for bankruptcy all within the span of two years.

I think a MLM could do well, if they actaully have a good product or service to sell and the provide traing and support on how to sale.
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Old 08-15-2003, 02:15 PM   #23 (permalink)
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Mr. Sprocket - I agree...More focus on product and helping the CUSTOMER - that has been proven to work in all industries.

When I walk into Safeway to pick up some chips, the cashier doesn't try and recruit me to sell groceries to others. If they did, I think Safeway would be out of business, do you agree?

The reason I used that analogy is because someone in the Entrepreneur chat room on AOL once told me that when sticking up for MLM. They said MLM is just like every other business, even grocery stores or apparel shops. Needless to say, I still laugh about that to this day.
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Old 08-15-2003, 05:18 PM   #24 (permalink)
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If thats what MLM comes accross to u guys as the u shud really check out this site.....honestly.....everything that u all mentioned about support......they've got live online training at scheduled times, product which i strongly doubt will go out of fashion as its an audio product with serious, and i mean serious benefit....

I've personally tried consumer product MLM and i do agree that the product hardly moves unless .... well.... whatever, but according to what u guys are looking for in an MLM, u shud really hav a look at this site www.retirequickly.com/55828 .

Im sure the content is self explanatory, its abit much but im well convinced.

Tried and Proven
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Old 08-16-2003, 11:41 AM   #25 (permalink)
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Blazier, that "How to Retire Quickly" site you keep bringing up is clearly a pyramid scheme.

The "products" being sold are a bunch of How to Require Quickly materials, so your "customers" are paying simply to learn how to become sales reps so they can find other gullible "customers."

The site is immoral and illegal.

=[
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Old 08-16-2003, 03:25 PM   #26 (permalink)
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One more thing:

I think it would be prudent for the owners of this board to disallow people from posting links with their affialiate numbers.

Blazier's posts look like just a sophisticated form of spam from where I'm sitting.
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Old 08-16-2003, 03:36 PM   #27 (permalink)
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Personally, I agree with you, Bleys; they do seem like spam.

However, it is technically one of many "Bussiness opportunities !!!", however un