Get Paid Today - MLM is Dead

MY Y!A asked:


What do you look for in a home based business opportunity?

Do you seek a product or service you will enjoy sharing?

Do you study the compensation plan before joining?

Do you understand what your target market is?

Do you seek a mentor who will provide one on one training as needed?

Do you plan to become a mentor?

Would you join an MLM company based on yours or someone else’s greed?

Kristopher

Marcello asked:


1-How about its just like any other business…such as buying a franchise - except when you ask to see their income from mlm (or even their upline who supposedly are successful) its suddenly personal income and none of your business. As if you would ever buy a franchise without looking at the working numbers of the same franchise in other locations.

2-How about “its a ground floor opportunity” or “the time will never be the same to get involved” yet on the other hand the entire compensation plan is for people to be continually signing up forever, with it being geometric so 2, 3, 5 years from now, there will need to be exponentially more people needed to be coming in to continue the same oppotunity…but somehow the opportunity is better now than it will be in the future!

3-How about MLM has a system that cuts out the middle man and advertising costs, yet now several layers of people get paid and MLM products are always more expensive than market.

Tons more. Let’s hear ‘em…
haha…i don’t know if its “hypocritical” per se…but this first answer sure is a testament to the mind set of the MLMer. Every second they get, they are always pitching their MLM bullsh*t. LOL. I post a question about hypocrites in MLM and the first post in someone pitching me their MLM. Man, no wonder MLM has such a bad rep…let it go! Priceless.
Mexico4me: Thanks for your amusing response. Why would I have interested in a business that is set up to fail. Anyone with common sense knows that a geometrically growing network, even 2×2, eventually gets so large its unsustainable. You call that residual income…gimme a break.

Obvious I subscribe to a 45 year plan? Nice work, but your ignorance is showing. Would it kill you to even look at my profile first before making assumption. I am a real estate investor by trade and live off income from apartment buildings. You talk of residual income as though an mlm business actually provides such…but you are dependent on the hope that your downline continues to grow at unrealistic rates, where I, as a real estate investor, am merely dependent on people needing a placer to live.

Rants about MLM? Get a clue…i posted a question in regard to the amusing statements you always hear associated with MLM and you get overly defensive….pahleeeeze!

Roland

Marcello asked:


Being that all MLMers tell you its a business, I am wondering what business principals are used to assess the opportunity from a financial point of view.

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