We all know (hopefully at least agree) that MLM, Network Marketing, Referral Marketing, Word-of-Mouth Business, Affiliate Marketing is one of the most misunderstood industry in US. Since there are so many positive and negative comments in Yahoo Answer, I personally think we need to address these topics in certain Yahoo Group.
I am planning to open one Yahoo Group to address MLM related topic. I do not know what you guys think.
The people who are involve in the industry know that our industry is not so reputed and respected. Most of the reason is Hype and Lies. However there are good companies and certainly good products.
My main goal is to introduce Network Marketing in a form that people understand the business and respect it. Most anti-mlmer hate this industry due to the misconception.
I need every bodies help (People who are favor of MLM), we all know we can share the greatness of MLM and let people know the true face of the business.
Rosetta
For instance, last year I bought an apartment building and my investigation of whether it was a good financial opportunity consisted of looking at the gross and net incomes for the prior 3 years (verifying income and expenses) , looking at the market rents and occupancy rates, and calculating the average sales prices (on a per unit base) over the past 6-12 months within a 1 mile radius. All that information was used in my financial assessment of the deal and to help me decide whether it was worthwhile.
Looking at financial statements is key in buying any business, but I have never heard of this in MLM. Other than statements made at a meeting or from their sponsor, what financial criteria is being used to decide whether the MLM “business opportunity” makes sense financially and is it ever verified?
Mexico4me, so your research was merely looking at a COMPENSATION PLAN! Oh my, how sad.
What exactly did you verify? That the plan would pay a particular compensation percentage? So, you are telling me your upline number’s, someone who is supposedly making money running this MLM business, was of no interest to you?
Yes, you are delusional. Thanks for proving my point!
Krista
