What are your opinions of Network Marketing?

Question

Is Network Marketing a scam or is it a way to acheive financial freedom & residual income? How do you identify a good Network Marketing company?

Answer 1

I personally feel that MLM is a good way to achieve residual income.. as for financial freedom.. that depends on how hard the person wants to work..

Well, if I did not have such thinking, I wouldn't already be in this industry for 3 years ;)

Hmm.. different people look for diff things while searching for a network marketing company.

Some look at the company support, some look at the payout and how you earn money, some at the culture, some at the products (how safe or easy it is to sell), some like myself look at the leaders.

I am a firm believer that there are not successful businesses in teh world but only successful people. In my company, we specialize in training people to become successful business enterpreneurs..

And also, I admire, respect and like my mentor i am working with. Someone told me that if the company you choose is a ship, how fast you get to your destination and whether you are going in the right direction and wehther the ship will sink will all be determined by the Captain of the ship..

I think I have found a good captain:) In fact, last night we had someone from another company who has been in the industry for 15 years.. this top leader had 300 000 downlines in his hey days and he said that my mentor is one of the very few people he really admires and upholds as a benchmark to become in this industry which is also full of money minded people...

So you really might want to start thinking about what kind of people you want to work with as well..

Take your time to do your 'shopping' and if you like, I can share with you more about my company as well.. ;) Just email me at [e-mail]

Answer 2

You have to do your research on this. There are too many Network Marketing Company out there now.
You should put into consideration the background of the company, age, whether they produced the products themselves, testimonials from successful people from doing business with that company.
I think that it is the way to achieve freedom financially and also in terms of time. As long as you find the correct company and work hard on it a few years, it will be all worth it.
There's one company where ur income are hereditary, which means that ur children or ur family will still be able to get the income even after you passed.
you can try reading 'copycat marketing' or 'parable of the pipeline'. sorry can't remember the author.

Answer 3

networking marketing = multi-level marketing.
Now, this line lose its charm,unable to attract as many people as it uses to be. Might still earn if target are aunties who are rich and believe in the products.

A good MLM company will not brainwash people to ask them stock up the products to earn managerial position to earn commission from their recruits.
In a bigger picture, this MLM company is just earning from those poor fellows are really listen to stock up.

Answer 4

its a overhyped program where only the top layer wins