English Deutsch Français Italiano Español Português 繁體中文 Bahasa Indonesia Tiếng Việt ภาษาไทย
All categories

2006-09-07 12:17:45 · 8 answers · asked by Anonymous in Business & Finance Small Business

8 answers

It has a bad rep because MLMers have a history of making ridiculous claims about products and about the business opportunity. In addition, it is obvious to anyone who is willing to do the simple math that the business opportunity, which is based on recruiting others, is a pyramid that requires a continuous renewal of people at the bottom to support anyone who is actually making any money. As soon as people are no longer signing up, then no one is making more money. As a result, you will see that most MLMers will shift from one company to another over time. In addition, the basis of MLM is to make your circle of family, friends, and associates your primary targets for recruiting...well if you are using the closest relationships to make money in a pyramid structure, you won't maintain credibility very long. This is why anyone who is in MLM for any length of time is often viewed as having a lack of credibility.

2006-09-07 19:22:02 · answer #1 · answered by Marcello 2 · 0 0

My partner and I got involved in network marketing company a few years ago. I basically answered an ad in a newspaper for a work from home opportunity. I spoke to someone on the phone who was very persuasive and asked me to go to a meeting.

So I went along to the meeting and listened and watched a very slick presentation by people earning six figure incomes and living the highlife. That night I got a call back from the sponsor who told me that the only thing stopping me from living a life of luxury was getting started in the business.

So I shelled out about $7,000 for enough nutritional products to fill a small store and was told that I would soon be having people beating a path to my door to buy these wonder products.

Of course that never happened. I soon began to realize the only way of becoming successful was by recruiting others like myself to sell instead. So I did that for a while until I discovered that the people I recruited had no clue about selling either.

I spent months of stress and pounding the pavements dropping off fliers and harrassing anyone that came within a foot of me. I was told to work my 'circle of influence' to the point that friends and family became nervous in my company.

I finally became so exhausted by the dream of 'financial freedom' and working from home that I crashed and burned and stayed holed up in my house for months. It was a massive learning experience but not something I would recommend to anyone.

2006-09-07 20:02:07 · answer #2 · answered by d&N 2 · 0 0

Because more often than not, Network Marketing is referred to as a Pyramid scheme by the masses. You say "Network Marketing", they think "Pyramid Scheme".

Network Marketing is a recognized, legal, system/business plan for distributing products. But you will always here "Pyramid Scheme".

Is it fair? I don't think so. But when every company shows a diagram of a figure labeled you, then 2 below, then 4 and so on, forming the shape of a pyramid, the people will make a silent judgement.

I'm rambling....
Sorry :)

Michael
http://webmasterautomation.com/blog/

2006-09-07 20:20:03 · answer #3 · answered by Anonymous · 0 0

Oh wow, allow me to answer this one.

Does anyone PERSONALLY know of someone that has really made a living form MLM (multi level marketing)? I didn't think so.

I recall a man approaching me in a department store some years back. He was very friendly and had some comments about a product that I was looking at that he seemed interested in as well. After about 5 minutes of chatting we exchanged business cards.

A few days later he called me at my office. He said that he has a business opportunity for me and was impressed with me. Yeah, ok, hmm...flattering things to say. He wanted to meet for dinner...at...Arby's. (Dutch treat of course. Obviously a first class guy. Yep.)

At our "dinner meeting", whilst eating our burgers, he had all sorts of stories to tell me of how busy he was that week. You know, how he had to meet some important people at the airport and how nice those corporate jets are inside. He gave me a ticket to a "big meeting" that he and his investors were having at a local hotel meeting room. So...I went.

Whoopie...wouldn't you know it..it was MLM. I had to sit through about 2 hours of these clowns drawing little circles and telling us about how Ray Kroc started McDonald's with just a dream. Yeah yeah. They were talking as if I/we would be making so much money that we might have a difficult time deciding which caribean island we would want to purchase and how we could best donate our billions of dollars to worthy charities; ala Andrew Carnegie.

What a joke!

2006-09-08 00:00:43 · answer #4 · answered by wmicron 1 · 0 0

Network Marketing is the key to this countries future! Robert Kiyosaki who wrote "Rich Dad Poor Dad" promotes network marketing in his presentations. If you are interested in starting your own business, check out the link below and follow the steps.

Thanks.

2006-09-07 21:45:34 · answer #5 · answered by Anonymous · 0 0

For the same reason large corporations do; it is a setup where diligent work by many seriously enriches a few who sit at the top of the organization. In many respects, it is even worse than working for "da man"; there are no wages, and you are expected to "invest in your business" (translation: buy a certain minimum amount of goods for resale).

2006-09-07 19:51:28 · answer #6 · answered by NC 7 · 0 0

its misunderstanding try watch movie http://home.createmyfuture.com

2006-09-07 19:19:52 · answer #7 · answered by Anonymous · 0 0

because it is like spam

2006-09-11 07:20:29 · answer #8 · answered by david w 5 · 0 0

fedest.com, questions and answers