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I don't know. Maybe am just not pretty comfortable with this kind of business.
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some MLM are very good but this type of business is not for everyone
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The "pyramid" objection comes up because people have no knowledge, incomplete knowledge or wrong knowledge about MLM and pyramids. Please notice that I wrote "pyramid" there. In other words, a person could think MLM is a pyramid because they DON'T KNOW WHAT A PYRAMID IS.
When training children, point out a car and say the word, "car." They soon pick it up and would point to a car and say, "car." Then, they point to a bus and say, "Car." You say "No, bus." They don't believe you. Why? Because they have already determined that anything that moves on four wheels was a car! Have you had prospects who have already determined that MLM is a pyramid? To solve this, I find a bus and a car that were parked side by side and point out those features that make them different from each other and those features that make them alike. Only then can children determine if what they are looking at was a car or a bus. Similarly, YOU must be knowledgeable about what a pyramid is, so you can point out the differences between a pyramid and MLM (network marketing) for your prospect. Pyramid - The word pyramid has simply come to mean a business that seems like a scam. Scam - A fraudulent business scheme. Fraudulent comes from the Latin word fraud, which means deceit. Deceiving someone means to trick them. FACT: There is no activity (stock trading, charities, law firms, medical doctors, religion, MLM, government, etc.) that does not have a history of fraudulent activities. In looking at scams, it is important to locate the actual source that is creating the scam; there is ALWAYS at least ONE person. Source - One that causes, creates, or initiates; a maker. If a person kills someone with a rock - don't blame the rock! The rock isn't the source and didn't kill the person. A person with bad intentions is the source and USED a rock to do damage. If a scammer uses telemarketing to seduce its victims into a scam - don't blame the telephone. The scammer [a person] is the source and USED a telephone to deploy his scam. If a scammer [a person] uses MLM to deploy his scam - don't blame MLM. An industry can't be a scam as it's not capable of tricking people. People are the only ones capable of tricking someone. MLM is not the culprit in pyramids; the culprit is the unethical activities of a person or group. The reason scams sometimes use MLM is because it's a powerful way to distribute anything.
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Yeah, I hate it when people tag an MLM as a 'pyramid scheme'.
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Most people are uninformed.
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The facts are, there are 49.9 million people in direct sales that sell 89.2 billion in sales. There are 475,000 new distributors join each week. "What part of MLM do you feel doesn't work?"
Someone who can not see that 89 billion dollars worth of products are moving to consumers... doesn't want to see it. They don't want it to be true, although it is. Why don't they want it to be true? Because they don't want to fail or fail again. They would prefer to blame it on the industry rather than that there is simply something that they failed to learn how to do.
1. Fast MLM Fortunes Ebook - FREE For A Limited Time And Then Back To $197
2. Home Beer Brewing Secrets Affiliate Center - Huge Thirsty Untapped Niche 3. Karmic Health - Accepting Joint Venture (JV) Proposals In "Yeast Infection" |
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The reason is because they do not know how to properly operate an "MLM" biz. And the worst is that their uplines as well do not really know to it.
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The bad side of MLM is that you will lose a lot of friends and relative's trust. Of course if you join MLM you will convince them and telling them that they will earn big bucks which is not true. My advice is don't sell or convince your friends and relatives to join your MLM company.
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MLM is a Scam just like Tradkekey B2B
Why so many scammers now a day. It's either pyramid or fake suppliers on platforms like Tradekey.
MLM will run you dry just like fake suppliers on Tradekey will break you down. |
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I think MLM is awesome. (Providing you work for a company that actually does have proven products that will benefit and help the people you are selling them too). I do MLM and I am not one of the top or head guys of the company and I am doing pretty good right now for starting not that long ago. If people are prepared to get off their ass and actually do some work, you would be amazed at how much money you could make with this company. People that are not prepared to venture out (probably because they have been scammed before) are really just losing out on a easier way to make money. They havn't been introduced to the right company, thats all.
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This is the first time I have ever been in a MLM even though they claim not to be a MlM lols... but I dont see why it gets such a bad rap. It's possible because some companies sell a 150 dollar bottle of juice or whatever. All i do is get people domain names which the company pays back out %50 of whoever gets one. And they do have a great bonus program if I get ten people to join this week that pays my next three years in webhosting fee's not that bad...
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MLM's
Are the ones that charge hefty fees upfront the ones to stay way from?
Is that where they make the most money from? rather than the product itself? John B Graphics Guy ![]() Have a Good Business Card! TrickMoney.com AutoCardCentral.com AppleHousePress.com |
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Wow noccio1, your reply just blows me away...
Very well said! |
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My opinion
Well I think people hate them, because they are targeted to the wrong people. You are only hearing the opinions of people that are smart enough to know what is required to be successful in a MLM system, and those people are usually already set on something else they are advertising for, maybe an actual product they are selling for their own business. You are also hearing from people who jumped in one and failed meaning they gave up.
It's Like this, for some reason MLM's target the average person, not salesman, marketers, advertisers etc... well the reason is that there are majority of the people in the world are not either of those things. Most people don't know that MLM's are all about marketing. This average person thinks they can get rich without really doing anything not realizing that it takes some knowledge and tools that they probably don't have or know what to do with to become successful. You are hearing from the average person of the hate, everyone else in the world that is not a good marketer. When I joined GDI I felt I was going to make a whole lot of money real quick, but realized I had to put more work in than I thought, but that's fine with me I'm not much of a quitter so I've been learning a whole lot about marketing lately. I don't understand why a person with there own business would bash an MLM and say that you can't become successful in one, you have to market your own business to become successful in that as well. I did stumble upon something called "Knowledge Exploit" that tries to defeat the whole reason why people don't like MLM's, just google it they will tell you everything, its quite a genius little plan that this guy thought up and it brand new, it's worth a look. |
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