MLM is Bad Business and a Scam

I have noticed more and more Multi-Level Marketing videos on-line. I want people to know that MLM is bad business and a scam.

Federal Trade Commission (FTC) Info on Multi-Level Marketing: http://www.ftc.gov/bcp/edu/pubs/consumer/invest/inv08.shtm

Category:

People & Blogs

Tags:

• mlm
• bad
• business

[milaan66]

@lifeforce218 I think we can't explain MLM to these donkey's.

MLM is not for everyone thats for sure. If you can't make a carrier by making an organisation with people that want to do this, then there is no problem. But many people are signing in stupid people that don't even know what networkmarketing is!!! so then you have people like this one making a stupid video like he knows best lol. Say that to robert kiyosaki and bill clinton that says networkmarking is making the money this days!

[lifeforce218]

@bluehorse888 The company I'm in we make 5% on member we register and 45% on new customers we make. You want to tell me it's all about signing people up as members?

[lifeforce218]

@shiftingtrends Well Said, I too have a network marketing company. Although I'm still working on getting people registered and make customers I learned more than anyone who trashes it. This is a learning experience and the best decision I've made.

[desboukis]

@milaan66 I was using that as an example. That's where I started, minimum wage was 5.00 then, I'm part owner of a restaurant (1/3 share), now I make much more but I did it through hard work, saving and investing and patience NOT trying to sucker people into a scam. I'm not rich I do ok, BUT I did once get suckered for $250.00 by one of these scams by my own cousin. He signed a few people up (mostly relatives), then he realized it was a bunch of crap and got a real job.

[milaan66]

@desboukis look the cashcow quadrant from milionairs make. You will stay your whole live earning 8 dollars at wallmarkt lol but if you want to be a millionair or earn big money you have to be different then the 95% employers in the world that are traiding there time for money.

seriously is a hour in your life really 8 dollards worth?? MINE ISN'T so im building an organisation to be independent.

Aren't you not thinking now about the value of your life?

[desboukis]

@milaan66 So when I got a job at walmart I got paid $8.00 per hr from the time I punched the clock, in other words I EARN money for every hr I work> end of week> pay check. The MLM scam I once got suckered into, I PAID $250 and since I couldn't sucker anyone as stupid as myself to join, I never made a penny. Are you saying we should have MML's instead of stores to work at? Where would suckers like me EARN money to pay the MML guy suckering me? Hhmmm, now I have you thinking, right?

[shiftingtrends]

This guy is a joke. I served eight years in the Marines and retired at 25 with a network marketing company. When I broke it down I saw it came down to hard work. This video just makes this guy look like an idiot. Keep the video up buddy, it doesn't hurt business. Reason - smart people don't make business choices from broke people, they make them from a business perspective. Funny thing is...this guy probably goes to a job every morning, I wake up when I want. Who's the dumb one now?

[milaan66]

Most people fail so they don;t work not MLM. MLM works and it isn;t a scam.

sample:

wallmarkt > ceo > top managers > managers > teamleaders > employers

the ceo is earning by the work of the downline but what will the downline get? lets see what the emplyers get? haha they get bad loan!! But the CEO is making on the back of the employer big money!! MLM is different they give everybody a chance and those companies making money yes but they give everyone a chance to make big money themselves!

[bluehorse888]

Good video. MLM doesn't work, in that the product is not the focus of consumer spending, but signing people up is. There is no greater good generated for society as there would be with a legitimate product that has stood the test of the market. Legitimate products have to compete against others to get market share and this forces businesses to work efficiently and with the best interest of the consumer at heart, benefitting all of us.

[zlion71]

While I'll agree this Man is not the most articulate. He does hit on some good points. More often than not, most people FAIL! in MLM. It is true most of these companies try to overrecruit. A smart MLM company would put a few leaders in each city. Recruit a specific # of people that can not only be successful,but also help the company be lucrative. There should also be a salary incentive with MLM. Over saturation is what you don't want. There is so much competition.