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Leave a Comment Cancel Reply Your email address will not be published. This website uses cookies to improve your experience. Select I agree to get the best user experience possible. Accept Read More. You also may have to pay repeated fees for other items, like training sessions or expensive marketing materials.
In addition, the company may say you can earn lavish rewards, like prizes, bonuses, exotic vacations, and luxury cars. However, it often turns out that you have to meet certain product purchase, recruitment, training, or other goals to qualify for the rewards, and only a handful of distributors ever qualify. In the end, most people run out of money, have to quit, and lose everything they invested.
Other MLMs may not be a good fit for your interests and lifestyle. A classic example of this is happening on Facebook. If you have a Facebook account then you might have witnessed these poor marketers plastering their links all over the place. The Reality The reality is that a lot of good honest companies and good honest marketers have been given the wrong label. Just because the compensation plan works in multi-levels, does not mean that this is a pyramid scheme.
Before joining any MLM company be sure to do your research. Look for a company with well respected names involved, connect with an honest mentor, build a relationship, ask for samples and do NOT pay an arm and a leg just to start your business.
If in doubt. Everything in live requires investment as we live in a capitalist system. My ex-wife wanted to be a teacher, so we invested 60K for her to acquire a degree in teaching. However, once she started looking for a job, she found that the market was totally saturated, and had to take a position making far less than she wanted.
It took years for her to pay off that initial investment. Did she get rich? No, she made 30K a year. What about restaurant servers? They make far below minimum wage with the HOPE of making tips based on the level of their service. Why is this? Because to be a server requires little risk and investment to train. Just like when I went to college for Computer Program, very few had the ability to actually graduate.
If everyone did, I would have not found a job as the job market would be saturated. I counted on the fact that many would fail, and that is why the pay is high. Few can do it. What happens if his team does poorly? He loses his job. A middle class person may make K a year, but most likely, unless certain risks are taken, he will never make the millions the CEO makes, or the owner of a small business.
If open a business that is Non-MLM, then I have to invest a lot of money to get that business up and running. How do I make a passive income? Buy hiring people to run that business for me. I pay them based on what the market rate is. If MLM does not work, and it saturates the market, then explain to me how Avon has been in business since ? Is an Avon rep raking in millions? No, but they earn an income based on the amount of work they put in, how good they are at selling the products, and how well they train and motivate their people… just like a sales manager does.
To address the cult like approach you claim they have, consider this. You are the sum total of the 5 people you associate with. I back away from those people. Yes, but will I listen to them?
If we did not distance ourself from naysayers, America would never have been founded. Steve Jobs would have never created the products that he did. You really should think about this a little deeper in the context of sales, capitalism, risk vs. It is a mathematical fact.
You can fact check me by using the sources that I provided, or by doing your own research. You will find that every income disclosure statement out there backs up my research. I would love for you to show me something similar. Your wife making 30k a year after investing 60k is actually very successful, no? In 2 years, she would have earned back her initial investment. The two are not comparable. You mention paying people what the market rate is. It may not get them rich but they are paid minimum wage, or more.
Because THAT would be insanity. MLMs do this. And yes, you speak about people working in hospitality in the US people from America seem to have this strange assumption that everywhere in the world operates just like they do, lol. Again, not comparable. So, I think that it is YOU who should do a little more research.
Look at the numbers. Or better still, join an MLM and let me know how it works out for you! If I buy a subscription for a product off of a website, then I am paying for that product because that product is of value to me. It is no different if it is being done within the structure of a MLM that offers a legitimate high quality product.
Being someone that truly cares about people I can totally see your perspective on how such models can become predatory.
And this is something that is unfortunately a consequence of greed, in my opinion. Participants in mlms are trying to make money off of those below them, not just use the product. And if the product is good then great, but most mlms require that participants buy the products in bulk for a high price. Does the participant need dozens or more of the same thing? Probably not- her aim is to sell. Losing money is the simple act of spending more money than the MLM compensates you in commissions.
Product consumption is not the only cost. Apart from the sign-up fee and starter packs, MLMs will also sell you marketing and training materials, monthly online access subscriptions, seminars, conferences and even tickets to national conventions. They all followed that same formula in which the successful recruiters were mostly attractive young women promising great things.
A lot of them were pushing the same products that were available at Vitamin Shoppe or GNC for about the same price. Amazing post! They have aggressive marketing campaigns to silence folks like you trying to warn people. Keep up the good work! I love everything about this post! LOL I am living for your responses to all the negative comments!
This was so well written. I really enjoyed reading your post. Lol sorry just venting but I really hate these companies so much and how they seem to target SAHMs from my perspective and like you mentioned — other vulnerable populations.
Sorry the huns are coming for you. Great article! Soooo disingenuous. MLMs are literally the greasiest. Yesssssssss this is spot on! Before I get accused of being burned by an MLM for supporting your writing, let me assure you that this is not the case. They made me smile while tightening and shaking my fist at my computer screen whilst cheering you on.
Haha, this comment made the day. My aim is to make people smile whilst also shaking their fists at the computer screen hahaha. Well-written article. Thank you! And I enjoyed the memes also! Once when I lost my job, a client of the place where I had worked invited me for coffee. She was going to talk to me about another job.
She ended up trying to get me involved in her MLM. I was so confused and taken aback. It was one of the most awkward moments ever. But she was an MLM sales rep. I became aware I was the intended audience for her and her colleague. It was the most awkward thing ever. She messaged me later about a product I expressed a vague and obligatory interest in. I never bought anything from her. Oh god, both of those experiences sound so horrendously awkward!
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