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mycats
Forums Member
Joined: 27 Nov 2007
Posts: 62
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#21 · Posted: 27 Nov 2007 14:23
If it is a scam then get out and cut your loses. Why would you want to hurt other people at the expense of making your money back? Not only will you be hurting those people you will also be losing friends. If you tell people under you the truth they will have a higher regard for you in the future, so when you find a legitimate company to work with you can go back to them.
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040107
Forums Member
Joined: 14 Apr 2007
Posts: 352
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#22 · Posted: 27 Nov 2007 15:49
Quoting: viraj86 yhe products are worthless .. cheap computer courses which r freely available on the net + website dat 2 subdomain ....... for more than 150$.
If this is the case, there are plenty (and popular) of these on the
Internet.
I see a lot of these programs that cost $500-$1000+ to join. Part
of that money goes to pay for the "Admin Fee" and the rest goes to
the person(s) (upline) who recruited you. Once you're in, you'll be
recruiting people into the business too. A percentage of the
first 1 or 2 sales may go to your upline. When you bring in
someone, their first 1 or 2 sales will go to you also. Regardless, a
percentage of every sales goes to the Company as an "Admin Fee".
That's how it usually is. Sometimes, the numbers varies but the
concept remains. You pay to get in, your referral gets paid, the
company gets paid. When you're in, you will start recruiting others.
The problem with most of these company is that they have crappy,
over-priced, outdated products. The main focus of the whole
company is to bring people in. That's how everyone gets paid, or at
least that's the bulk of where the income comes from. The products
are just there to make it "legal". Nobody cares if the products
gets sold or not as long as the "opportunity" gets sold.
When you're paying hundreds of dollars for a chance to resell
products that can be found all over the place for pennies, you may
want to think twice about joining. Then again, it's not the products
that are attracting people. It's the opportunity to get in and sell
the same opportunity to others.
Time like this is when either greed or desperation kicks in.
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SovereignWealth
Forums Member
Joined: 18 Sep 2007
Posts: 88
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#23 · Posted: 27 Nov 2007 16:35
Quoting: viraj86 I just realised my mlm is pyramid scheme . wat should b the best attitude to adopt . close it and leave or fool other people to get my money back. i m still some money short of my investment
Remember whether you are promoting MLM or any other online business, you are building a brand name. That brand is Your Name. If you participate in a scam, even to just get your money back, your name (Brand) will always be connected to that. It is as easy a search away.
Build your brand so that your customers will feel comfortable buying from your recomendations because they know you to be honest and someone who only promotes good products.
Compare how much you lost in your MLM scam to how much you can make over a lifetime of internet marketing with a name synonymous with honest business and trusted products.
To your success,
Michael
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twingles
Forums Member
Joined: 8 Jan 2008
Posts: 1
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#24 · Posted: 8 Jan 2008 17:56
Quoting: southbank63 How does MPM fit into MLM/pyramid? Or doesnt it?
MPM is a lot like a MLM without the negitives. It's completely free to sign up and it doesn't require you to buy anything. What you do is you sign up for a mall and do all you normal shopping from your mall and then give away other malls and ask them to do all of their purchases from their malls (over 1400 stores). Then the stores give rebates back from the purchases and it's spilt up on 9 levels. So the more malls give away and the more shopping you do yo earn more money.
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