Multi Level Marketing is OK ?

Question

Dear friends kindly help me to take a decision since I m very confused. One of my very old colleque hes after me for the last two weeks.

He wants me to start Multi Level Marketing business. He got me registered at www.tnportal.com after paying 10$ and now he wants me to do shopping there so that he will be paid 50$ as commision and in the same way when I introduce somebody and convice him to do shopping at the same website I will be paid 50$ commision and so on.

The only thing I have to do is to spare 1-2 hours everyday to attend the presentations and to learn how to do the marketing ?

Kindly let me know is it OK ?
I would appreciate if somebody has already gone through this Multi Level Marketing and wants to share his experience with me.
Thanking you in advance.

Answer 1

there are many multi level marketing opportunities out there today and like the people before me have just said, a lot of them are scams, but not all of them.
it takes a lot of hard work, dedication, people skills and at least some interest in the products to succeed and if you dont have all of those then starting in MLM may be a big mistake.
i don't know of the company you mentioned and the site seems to be in a different language! so the best advice i can give is for you to use you own common sense to decide if it is first of all legitimate and second if it is right for you.

I hope this helps,
Kind Regards,
Simon.

Answer 2

I have been involved with some excellent Multi Level Marketing companies, and still am. The type that you are talking about is a difficult way to earn an income. You need to start with a product that is a little more focused if you want to sell it to others. One of the keys to success with MLM is problem solving. For example, I have a product that is beneficial to people's health. My job is to show them the benefit, and have them try the product with a 90 day, money back guarantee, so I eliminate all risk for them. If I just pointed them to an online mall, chances are they wouldn't get very excited about it. But if I can show them how they will get better sleep, and help them with a variety of health issues, they are more likely to give it a try. The other thing that concerns me here is that you have to spend 1-2 hrs every day attending presentations. That is a lot of presentations. The company I am with has telephone training every day, and it's optional to attend. We're given a schedule of what topics will be covered and we have the option to listen in, but if we're busy with customers, of course we do not attend. With these companies, they usually explain the commissions to you based on a perfect world. Like if you sign 10 people and each of those 10 people sign 10 more, you will earn X number of dollars. It sounds fantastic, but you have to take reality into consideration. You need to make your decision based on how many people you honestly think you can sign by solving their problems for them. If you think you can fill the matrix, then go for it. If you think it might be a problem, then wait for a better opportunity to come along. Hope this helps.

Answer 3

10$ does not mean $10, this $ could be points, 5 cents or even 2 cents. I know this because I joined a site where you could click and earn money (web surfing) and they used this $ at the end of every amount earned. Turned out, all I earned was $1 after I thought I had earned $50. The only people who make money from Multi Level Marketing are the people who started it, the rest of the workers earn peanuts.

Answer 4

Hi, i think you should avoid it. Try to tell him in a nice manner that you neither have the time nor the finances to help him. Why should you spend your hard-earned money so that he can benefit from it so easily? He is not working hard for it and trying to find short-cuts to earn fast money...and worse still, from a friend. Fact is that you should not support him. Instead, advise him that the only way he can earn fast money is to get his butt off from his computer chair and go to work in a real job. I was doing MLM biz part-time for more than a year from mid-2004 to end-2005 while having a full-time career. I immediately quit after i found out that my up-lines actually lied to me just so that i can join them. I never looked back ever since. So, my final advice to you...follow your instincts!

Answer 5

A Miltie level marketing strategy where the only customers are the participants of the marketing scheme...er... That does not bode well. Where does the income come from? The way you tell it it comes from your own pockets (you being all in the marketing scheme) No extra money coming in.

May be OK but I seriously doubt it.

Answer 6

Sounds like a pyramid scheme.

Rule of thumb: If you can't sum up what a business does in five words, it's suspect.