MLM & Network Marketing comp plans Exposed! Why 97% fail!

[stevey65]

all mlms suck. The only people who make money is the Co and a very few at the top. So no matter what ya think, this is the truth and the co and those few will continue to lie to you so youll keep giving them your money. And all comp plans are designed the same way, to screw the little guy so all the money flows to the co and those few at the top. this is the truth! mlms all suck!

[givegetgrow]

You did something wrong. I'm in a Binary now and i'm buliding a perfect binary. I'm buliding 2 legs. MLM is a business of people helping people. if you do not have a system you will fail. blame yourself not the companies.

[arndawgmp]

@givegetgrow its been 8 months how many millions have you made yet... fag

[wongcalvin]

I am a neutral person in this but I had to agree with JaguarEnterprise. You got your facts wrong...

[JaguarEnterprises]

Luke,

I have to honestly tell you that you couldn't be more misinformed, both about the binary comp plan, as well as your assessment of MLM. It's a business like any other, and comes with a certain amount of RESPONSIBILITY. There's no free lunch, and if a comp plan manages to develop better synergy within your team, that's a bonus, a cause for celebration, not something that invites attrition.

Please properly inform yourself about MLM before seeking to discourage others, or lead them astray.

[budimberlake]

MLM is something that every humans do... So no talent or experience require. Those who are not involved in MLM business, just don't understand it:)

[goodcandy789]

staywithreality(dot)com

[washingtonkay]

I'm tired of hearing about how someone's attitude determined their success. I've never tried MLM, but over the years, I have been approached by everyone from my Mother, my barber, my ex-boss and others to join some seemingly hair-brained scheme to get rich. All were positive, eager and determined but none drive the red Ferrari you see in all the promotional videos that I've sat through. That tells me an MLM millionaire is like an NBA draft pick, its not just anybody.

[washingtonkay]

You have to be born with or have developed a talent for doing this business and lets face it, most of us could practice till kingdom come and couldn't win an NBA title. No that is reserved for certain gifted people. If you earn a living with MLM, you are good. Damn good! Bless you. But I know I can't can't wake up and decide to be a surgeon, which is what a successful MLM business person could be compared to,no MLM cannot make just anybody rich. That is the what is remiss.

[sfdrey]

BS!..

you obviously didnt make it, but when you have a good product and are consistent you can make it.

I didnt have a powerleg. I had to built 2 legs or teams. Nobody promised me easy money and I knew right away what I was getting into.

How about taking some responsibility, dude? You tried it and it didnt work for you. Now move on. Why don't you make a video on how we should all stay away from jobs at Indy Mac, Freddy Mae, or Lehman Brothers?

[doggeaterman]

take a look at usana =)

[EYEmusique]

Part 4

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THE key flaw to spot when assessing MLM opportunities is that about 80% shut down in the first 2 years & about 95% shut within the first 5 years. To overlook THE major risk & promote a global pre-launch company, it's just, well...!

I sincerely wish you the best of success. Though I don't think one can attribute people's lack of success to the binary plan. The more likely reasons are lack of: a good system; training; self-discipline; persistence. Many "fail" with other plans.

[EYEmusique]

Part 3

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Your critique of a hypothetical income projection doesn't stand up to my experience.

In one binary plan company I sponsored about 30 reps (over 2 years) and it grew to 300 people (over 4) and I then earnt about $4,000 a month with that.

In another company I again sponsored about 30 people (over 6 months) and it's grown to over 1000 people (in 2 years). With that I earn about $4,000 a month; be double if they left the plan as a straight binary & no unilevel on front end.

[EYEmusique]

Part 2

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B/. Shut downs - they're not because of a binary plan per se but because of those companies bad management decisions. There are many reputable binary companies that have been around for the long-term eg. Usana with 16 year of tremendous growth.

[EYEmusique]

Part 1

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I've built teams in several binaries and I have identified a few (other) issues. You point out that:

A/. A power spillover leg can be discouraging to some people. Yes, I agree but those are people who look at their glass as half empty instead of half full. Spillover is a BONUS, a gift! In any other plan type - that doesn't have the binary spillover feature - they are perhaps more likely to fail and it's all because of their negative lack-oriented attitude.

cont'd...