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CThompson
Member
Joined: 26 Mar 2006
Posts: 20
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# Posted: 30 Aug 2007 00:02
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http://files.meetup.com/261935/Nexttrillain.pdf
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mountainmom5
Member
Joined: 30 Aug 2007
Posts: 809
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# Posted: 30 Aug 2007 09:51
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Network marketing is what will create the next wave of millionaires - the pro side is huge and unlimited - the con side is that we get paid what we are worth!!
I highly suggest for anyone getting involved in network marketing to invest into your own personal development.It is a people business - I ditto Christina.Read books by people that can help you get where you want to go.Much success to you!
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CThompson
Member
Joined: 26 Mar 2006
Posts: 20
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# Posted: 30 Aug 2007 19:31
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Do read Paul Zane Pilzner The Next Trillionaire pdf
http://files.meetup.com/261935/Nexttrillain.pdf
It is a free read it is excellent information too.
Generic too.
Warmly
Christina Thompson
3609 W. Galveston ST
Chandler AZ 85226
(480) 556-1231
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PeterB
Member
Joined: 29 Aug 2007
Posts: 32
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# Posted: 31 Aug 2007 02:25
Reply
Pros:
- Chance to earn incredibly much money
- You can change poeple's lives
- Helping others with the right products
Cons:
- If the cost of staying in business are more than 75US/months
- Useless products that cost too much
- Some payplans are unfair, so look at it closely!
Regards, Peter
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Newbie Shield
Preferred Member
Joined: 22 Sep 2007
Posts: 1033
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# Posted: 22 Sep 2007 16:12
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There are many versions of MLM. Most claim not to be an MLM business since it doesn't match every element of the original "Ponzie Scheme", the original pyramid scheme.
If there is any element of MLM present, it is an MLM business. If you here something like "2 up" or "downline" realize that this MLM business is trying to stealth their true nature - MLM.
If you have to pass up your commision even once, it is a scam. You deserve to be compensated for your hard work each and every time. Watch out for MLMs that charge to enter the "pyramid" regardless of what they call it. If there is a good product, they should be content in paying you commissions from the start to promote their product without their having to pay for advertising.
Additionally, there must be a high quality product before you consider buying in. If there is no high quality product - including nice accomodations in a vacation package - then don't even consider buying in.
AND THE LIKE!
NS
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rhondap
Member
Joined: 13 Jun 2007
Posts: 270
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# Posted: 23 Sep 2007 09:39
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Quoting: Newbie Shield If you have to pass up your commision even once, it is a scam. You deserve to be compensated for your hard work each and every time. Watch out for MLMs that charge to enter the "pyramid" regardless of what they call it. If there is a good product, they should be content in paying you commissions from the start to promote their product without their having to pay for advertising.
So Real Estate is a scam? Brokers generally get a portion of the sales commissions made by the agents in their offices forever. Isn't it a similar compensation structure for car salesmen and I believe hairdressers as well?
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CThompson
Member
Joined: 26 Mar 2006
Posts: 20
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# Posted: 23 Sep 2007 10:58
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Quoting: rhondap Quoting: Newbie Shield If you have to pass up your commision even once, it is a scam. You deserve to be compensated for your hard work each and every time. Watch out for MLMs that charge to enter the "pyramid" regardless of what they call it. If there is a good product, they should be content in paying you commissions from the start to promote their product without their having to pay for advertising. So Real Estate is a scam? Brokers generally get a portion of the sales commissions made by the agents in their offices forever. Isn't it a similar compensation structure for car salesmen and I believe hairdressers as well?
Hi Rhonda, Your totally correct and since I was a liscensed realetor
in the 80s I can share with you that there is ZERO residual income
and all the TOOLS are your out of pocket expense.
Become a property manager with fees and you still do not have the FREEDOM to do what you want when you want and with who you want.
My daughter is a hair artist and she pay for the station and buys ALL her TOOLS and hair products out of pocket too. She pays for all her advertisement, word of mouth is her best advertisement.
Hi Newbie, plz keep investigating. Not all MLM are companies are Scams. I will agree with you that there are mlm scams. Just like their are good and bad in most things.
It is a beautiful FALL EQUINOX.
Warmly
Christina Thompson
480.556.1231
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westfam11
Member
Joined: 8 Aug 2007
Posts: 358
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# Posted: 10 Oct 2007 00:02
Reply
Not all MLM companies are scams. I am currently in one that is definitely not. It is a travel company. It has a very low price to come in ($119.95) and currently you are able to upgrade to a Certified Travel Agent for the same price as RTA (Referral travel agent). They will also waive your $49.95 monthly travel web portal fee for three months because they are so sure that you will make money by then and then you won't have to pay for it out of pocket, it will come out of profits.
David Manning, President of Traverus Travel, is constantly looking for ways to help us make and keep more money. He is all about helping all of us, not just the ones at the top. And it is a true product. We can take great member trips for pennies on the dollar. I will never have to pay retail for travel again. It is a win-win situation for all of us.
So please don't lump all of the MLM's in the same boat so to speak. They are NOT all the same.
Becky
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Hai
Member
Joined: 17 Oct 2007
Posts: 1
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# Posted: 17 Oct 2007 05:20
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The only pro I know about MLM is there is less stress when you move up the position compared to if you are employed, when you move up the position there is more stress. Anyway generally there are more cons. Found this article googling "joining mlm":
http://www.tipskey.com/consumer_alert/read_this_before_joining_mlm.htm
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TheChampion
Member
Joined: 11 Sep 2007
Posts: 71
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# Posted: 24 Oct 2007 17:35
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Quoting: Vishal P. Rao Advantages: 1) You are your own boss and you get to set your own working hours. 2) Very minimal startup costs compared to starting a franchise/brick and mortar business. 3) Established infrastructure/plan. 4) Regular motivation in form of seminars/cassetes/success stories (depends on the company). 5) Presence of a sponsor/mentor to guide you throughout.
Those are some great Pros.
Definitely, the start-up cost and the potential for unlimited income is probably the best in this type of business model than any other in the world.
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tldtim
Member
Joined: 21 Feb 2007
Posts: 5
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# Posted: 25 Oct 2007 15:33
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I may have missed it but there are tax advantages to having a network marketing business. Along with having more freedom and fun with your work.
Tim
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cebarber2
Member
Joined: 29 Oct 2007
Posts: 55
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# Posted: 22 Aug 2008 20:48
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betteryourself: cons: way more money to start up, way more risk involved, and way more legal liability if anything goes wrong.
Many very good franchise opportunities can be started for $20,000 or even less, as opposed to the often implied amounts of hundreds of thousands of dollars.
Risk is substantially decreased with franchising. Most independent start-ups are finished within a couple years, whereas 90% or more of franchise businesses are running strong after that time period.
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