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Network Marketing: Thoughts, comments, experiences: Post Here.

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TheNiteHwk

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Hey… I think I asked a similar question like this a couple years ago… but want to ask again.

Over the years I have seen and looked into several different network-marketing opportunities. The network marketing idea does make sense to me. Success though I think depends on the product, the company, the compensation plan, support etc.

Anyway… I just wanted to get some thoughts, comments etc from the collective minds of all my fellow esteemed TREBites just to see what the general feeling of network marketing is out there today.

Also maybe some of you have tried or may be even currently involved in network marketing. Like to hear from you as well.

Post away…
 
Call it whatever you want...

Network Marketing
Multi Level Marketing
Amway

...it's the same shite, different bag "sell to your friends" pyramid scheme, sad product garbage.

IMHO, you'll make more enemies than dollars, it's for the weak and the retired.

The only time this works is if it's a "Candle Party" with chicks and their friends or if you're the first in on the pyramid.

Peace.
 
It seems to me that most everyone I know who has some entrepreneurial spirit has been involved in MLM. A majority are not successful of course, but I've seen those who have gotten filthy stinking rich.

I think the problem with most of these MLM companies,as the others have mentioned, is that you have to sell actual products and you have to be a good salesman, regardless of how good the product is. These are the ones most people get involved and ultimately become disillusioned with.

Personally, I got involved in one that I think is exceptional for the right type of person - namely persuasive, a good closer, etc. (a good salesman, really). Unfortunately, I discovered I'm not that type of person but I still believe in that company and the way it is set up. It's more of a service and it's totally on the up-and-up (not a pyramid scheme).
 
Yeah, these are the lowlifes that hang around the malls and approach you with the, "Hey, don't I know you from somewhere?", "You are in computers, right?" bunch of crap and try to recruit you into their network.

I hate those guys, what a bunch of losers. If what they are really offering is that great, they wouldn't have to be hanging around malls trying to convince people to join their network, people would be coming to them.
 
Run away or lose your friends

Back when I was quite a bit younger I was approached by someone to join the Amway scam. The whole thing sounded just too good to be true. More importantly, they always stressed that you never needed to sell. You only needed to recruit others. So I asked myself..."self..this makes no sense, if no one sells how does money get made?"

Despite the pressure tactics to "sign up now or miss the opportunity", I told them I'd think about it and went out to do some reading. I learned that there are some basic truisms with any MLM scheme...

1) You most absolutely have to sell to be successful. Do not let them tell you otherwise.

2) A very small number of people get rich (a far smaller percentage of MLM people become millionaires than the national average)

3) You most certainly will lose friends

4) In order to become even moderately successful you will have to make this a full time job

5) Most use cult tactics that paint those that do not "understand" the MLM way as losers who you do not want to be associated with

6) They do not like people who ask questions

7) If there is no average revenue by years experience per representative curve (both gross and net) then you want to stay the hell away

8) If there are no statistics regarding how long people actually stay active in the program you probably want to stay the hell away

9) Finally, the true test as to whether the people "recruiting" you believe in both you and the program....offer them a deal on the start up fee. Tell them that if they really believe in the program and in you then have them pay the startup costs. When you are realizing a certain amount of revenue per month you will pay them 10 times the startup fee. Offer to put it in writing and base it on 15 hours (or however many hours of effort a week they say it will take you). If they don't take you up on the offer for ANY reason stay the hell away.

Anyone interested in any form of MLM should take a read of Amway, the Cult of Free Enterprise . A very revealing look under the covers of Amway and MLMs in general

http://www.amazon.com/exec/obidos/t...f=sr_1_1/102-1223202-8648935?v=glance&s=books
 
Yeah I posted a similar topic a few weeks back. I still can't believe these businesses are allowed to continue. Not that my experience matters but here goes.
My first encouter (of many, I might add. And different companies too). Some guy approached me at my old job and asked me about making some extra money on the side. So I meet this guy for coffee and he gives me this presentation on the company, and how great it is, and how much money you can make running your own business doing whatever you want. Provided you do it through the companies channels. So I ask a few questions. LIke 'what do you mean sell anything'. I didn't get any answers that were encouraging to me. This can't be right I said to myself. The guy pressed on recommending that I read a book (rich dad, poor dad?) and come to a meeting. I told him I'd think about it, and never looked back
 
It doesn't work.

The average person can only sign up to 2.5 people if there are lucky.
 
All the above may be true. However, while I have no direct experience ( as in I have not done it myself) I do have a close friend who got in to a network marketing deal about 15-20 years ago. The product line is health related (supplements etc.) and he was an early member. When I was hanging out with him he was traveling the world and was receiving a check each week for about 30-40 K (US!!!). He no longer even had to try to sign anyone up. If some one was interested they came to him.

Now he has invested in a nice property about an hour and a half from New York City, where he lives and relaxes with friends who drop by. He is a deeply happy man and it is a joy to spend time with him.

I agree that many NWM deals are a bit if-y. But if you are interested in the product and enjoy meeting with people-and if the company is fairly young-it just may work for you.
 
yoniluvrca: I like to ask you a huge favor. If you are still in contact with the person of whom you speak please ask them to check my network marketing website linked below. All the products are health and wellness oriented. It is also young company. And in fact some of the most successful people in this or any company are those that already have a downline in another company and switch them over to this one or do both whatever they are doing now plus this one. If you know anything about Network Marketing of course being that we are young this is prime time to join... especially if you already have a nice size downline.

If anyone else (I'm presuming a few will click on link below) wants more info on products or biz opp please e-mail me at e-mail addy indicated on the website.

Click here: www.nhtglobal.com/EmpowerEmporium


yoniluvrca said:
All the above may be true. However, while I have no direct experience ( as in I have not done it myself) I do have a close friend who got in to a network marketing deal about 15-20 years ago. The product line is health related (supplements etc.) and he was an early member. When I was hanging out with him he was traveling the world and was receiving a check each week for about 30-40 K (US!!!). He no longer even had to try to sign anyone up. If some one was interested they came to him.

Now he has invested in a nice property about an hour and a half from New York City, where he lives and relaxes with friends who drop by. He is a deeply happy man and it is a joy to spend time with him.

I agree that many NWM deals are a bit if-y. But if you are interested in the product and enjoy meeting with people-and if the company is fairly young-it just may work for you.
Click to expand...
 
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