@full of life
theres nothing wrong w/multiple streams of income
@full of life
theres nothing wrong w/multiple streams of income
Hello, I'm new to this site and have read many discussions and see some very valid comments on each side of this discussion.
I have been envolved with MLM for many years and I am involved with a MLM company now. I am not going to spam my company here, but there are a few, sure the percentage is very low, that offer a vaild way of making income.
The products our company sells are sold by many people, where many of those don't do the network marketing side of it, but simply sell products to people they know or even work shows or events selling the products.
The industry is damaged on a regular basis by "networkers" finding another "product" that is the next big thing. These networkers can build a company 50,000+ distributors in a matter of a year with the knowledge that it will collapse in the next 24 months. They know this because they have done it a few times over.
MLM can be a legit business, but jumping into one because you think it is a start up and all these people are going to make you rich is simply a failed practice.
Many MLM's dont really care about the distributors selling the products, but more consuming products on a monthly basis. Companies like Amway or Herbalife simply want distributors purchasing $100-$xxxx/month and find more people to do the same. Eventually, those buying habits will change and gaps appear in the comp plan with paying out distributors.
I believe that if an MLM has a product that can provide multiple income streams, such as retail income, providing a service for income, AND residual income with that product, then it is one that is more on the safe side.
In regards to becoming a salesperson.... Doesn't matter what you do, you must sell something to make money in any form of business period. Money is not exchanged for anything without a sale being made.
I like the site and the discussion seems like a good read in many threads.
I would like to think of myself as a young entrepreneur (27). Haven't got to the thread yet on when young becomes old yet. Is there one?
Thanks,
Boat Guy (I'm into boats![]()
)
Last edited by Boat Guy; 06-09-2006 at 03:57 AM.
There are a few good network marketing companies availiable, and I have tried some because the concept is good, but it is not often used right.
The business gets ruined by some team-leaders, with "big success" that are gready and wants more and more all the time, it does not give you the freedom to work as an entrepreneur. You become a salesman, with alot of people above you, just like in an ordinary job.
//Andreas
Hi Andreas,
I only want to say that you are right!
Have a nice day
does any1 have a list of the MLM's in the US? how many are there?
i dont have a list but you might be able to get one doing a search...i think i remember hearing there were around 3,000 mlms thoughOriginally Posted by Bestmiler
www.healthybrothers.usana.com - "Nutritionals You Can Trust"
www.businessandwealth.blogspot.com
www.youngnhealthy.blogspot.com
Good morning everyone,
Whilst I understand that not everyone here thinks that MLM or Network Marketing is a real business model, I am not opening this post to start a debate on if it is or isn't.
I would simply ask that if this is not your style of business to simply pass over this post and not post silly or derogatory comments.
I have been in MLM for some time and it is definitely not the right business for everyone. I will not make stupid claims about products selling themselves or being able to make any money without having retail clients or sponsoring at least 3 people into your business.
I think it can safely be said that if you cannot sponsor 3 people into your business then MLM is certainly a poor choice and you would be better working for a boss or perhaps starting your own enterprise.
My offer is to work personally with 3 serious people and I will do the following things for them.
1. Give them the facts and mentor them through what they need to do so they know if they are suited to this business before they join.
2. Allow them to purchase at a higher discount than normal to help put more money into their pocket faster.
3. Any wholesale profit I earn from their business will be put directly back into their business in order to help them build it in the form of advertising, leads, printing, etc. until they are at the same level as me and have a solid business.
I know that some of you will react badly to this.
To you I wish you all the very best in whatever you choose to do in the future, but remember that I do not bag your ideas and businesses ever, regardless of what I may personally think.
To those who are serious about being in a successful MLM and having exclusive benefits that you will likely not get anywhere else, please send me a pm and we will discuss things further.
Finally, it's great to see people actually showing initiative instead of sitting on their bums complaining and moaning as if the world owes them everything when they give no value to the marketplace.
I sincerely wish you all the very best in whatever it is you choose to do.
All i want to say that this is youngentrepreneur, all mlm is being a sales representative.
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you'll be eaten alive if you post one more MLM related stuff here! "am not kidding.
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Plus, most networking businesses are difficult to sustain. For the most part, the products are not good enough.
well I wouldn't be hating MLM related.. if thats what you are doing and good at it.. i'm all for it and support you on it.
many people dislike MLM's because of scams and such
best luck
See, you just set ONE example of why MLM is not the best thing in the world. What is your product? You dont even try selling your product instead you try selling a "get rich quick" scheme. Take this as a helpful hint in your MLM endeavors, tell people up front what it is you're doing. Why would I want to join you right now and you haven't even intrigued me with a product?Originally Posted by pronetworker
I could go all day on reasons not to do it, but instead take that as constructive criticism and I hope you all the best as well.
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Political & Current Event Discussion.
All I have done is mention an offer of what I do to help my people.
I am sorry I did not intrigue you, but my impression is that you are totally against mlm anyway and it would make no difference what my product was.
The simple fact that you responded badly to my post is the exact reason I did not promote a product in here, just a support system.
I honestly wish you all the very best in whatever your endevour may be.
I fail to see how I am promoting a get rich quick scheme?
Please advise where I went wrong?
I only offered people some genuine help should they be interested in finding out more.
I don't believe I said anything about getting rich or hey join me, my prouct is the best because its..... etc.
If people hate mlm because of my offer to help my own team in a unique way then they will hate mlm even if it was all free and they never had to do any work at all.
I don't understand why you would even bother replying?
Anyway, I will continue to post my ideas, etc and that does not only include promoting what I do and believe in as you will see by my others posts.
Tell me, what do you do? and also hopefully in a nice way, please tell me what is wrong with promoting an idea or business you believe in, so long as you are constructively also replying to other posts?
Have a top day,
Bill
Multi-level marketing itself is not a scam. The idea of MLM is to take a product or service that folks need and to sell it to others, while also allowing them to sell it themselves. Some companies utilize pyramid schemes, calling them MLM.
MLM is not necessarily an entrepreneurial business, but it does teach the important art of selling, and since the ability to sell is a primary skill needed by entrepreneurs, I think MLM is a great way to learn.
Originally Posted by The Stealthy One
IMO- MLM yeah, it is a cheap first taste into the business world. I don't know one person who really "made it". I know many claiming they were and within 2 years after swearing by the long distance, the health products, the _____. They were doing something else. MLM is like a church, someone at the top makes the most!!!![]()
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