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Systemized 12-11-2011 02:59 PM

multi-level marketing
 
Does anyone participate in multi-level marketing as a second job?

A few examples are Herbalife, Avon, and Amway.

keithincda 12-12-2011 08:09 AM

I do. My primary business is as an Executive Recruiter or Headhunter and I've owned my own nationwide search firm for 4 years but have been a recruiter for 9.
With the downturn in the economy I had done some work with some very successful folks in the past and I explored and opportunity with them. It's actually done better than my headhunting biz the last year or so (my target clients have been hit hard by the downturn).
Many people poo-poo network marketing but once you understand how it works and the power of the business model, it's actually quite fun and rewarding.
Good tax advantages to being self employed from home too.

nwa757 12-13-2011 06:35 PM

Systemized - I PM'd you.

For anyone else that is curious / interested in the possibilities with direct sales, shoot me a PM. My wife has joined a very reputable company and is doing very well (ie replaced her full time job income). Her next goal is to retire me. :eek:

I was skeptical at first (thats the nature of a pilot) but she went forward with it anyways, and I was glad I was wrong and she was right. There really are good companies out there, if you look beyond how some of these airlines are run.

Again, PM me if you are interested in hearing more.

LeftWing 12-13-2011 09:52 PM

A few people got rich because of many more suckers. It is proven. MLM is an illegitimate business model. I don't care how rich your "friend":rolleyes: happens to be.

MLM = scam. Anyone with a basic mathematics aptitude knows that. End of story.

FlyJSH 12-14-2011 05:59 PM

The United States Federal Trade Commission states "Steer clear of multilevel marketing plans that pay commissions for recruiting new distributors. They're actually illegal pyramid schemes. Why is pyramiding dangerous? Because plans that pay commissions for recruiting new distributors inevitably collapse when no new distributors can be recruited. And when a plan collapses, most people - except perhaps those at the very top of the pyramid - end up empty-handed."

Lotions and Potions: The Bottom Line About Multilevel Marketing Plans

jungle 12-14-2011 10:41 PM

How ironic, you have described state run economies exactly. Ponzi or pyramid, take your choice, there isn't much difference.

It is also interesting that illegal drugs are distributed in the same way. The average street corner dealer makes about $3.50 an hour.

Systemized 12-15-2011 08:26 PM

Herbalife CEO Michael O. Johnson on CNBC's "Mad Money" Talks about Nutrition Clubs in Mexico - YouTube

DrangonStar45 12-17-2011 03:19 PM

Dont do it. Retiring early, walking along the beaches of the world, financial freedom may sound tempting but the reality is far from it. PM me if you wanna know the horrors of mlms.

nwa757 12-25-2011 06:51 PM

The difference between a "pyramid scam" and legitimate direct sales is that a company must have a "viable product" for sale, whereas the illegal "scam" people are scared of doesn't focus on or involve a product. That's where a Madoff comes in. Paranoia.

My company sells a legitimate viable product and was given a top award from the Direct Sales Association, which is the watchdog of the industry.

Code of Ethics | DSA

Everyone here that works for an airline or any corporation in America works under a triangle (pyramid if you wish) structure. The difference here is that a pilot can never earn more than the CEO. This is reversed in direct sales / network marketing, actually creating a more fair opportunity, as you are rewarded more if you work harder than someone above you. If a pilot works more hours and flies under more stress he is barely rewarded for it. The CEO is home at night and the pilot is not.

Too many people get caught in the mindset that they must work for a corporation in America and be victimized, subjected to the next furlough, bankruptcy or paycut, where the top execs earn a majority of the cash. It doesn't have to be that way. Think about it.

http://www.passive-income-passion.co...mid-scheme.png

Typhoonpilot 12-25-2011 09:45 PM

MLM is for suckers who believe the get rich quick crap that most MLM companies spew. The only people who make money in MLM are the ones who can lie to their friends; take their money; and still sleep well at night. There are, in fact, people like that and they do well because they talk a good talk and can close a deal. If you do not have those abilities naturally then there is no chance that you could be successful at MLM.



Typhoonpilot


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