Get Paid Today - MLM is Dead

Marcello asked:


And how much is it estimated he/she is making and is worth?
More specifically, who is the wealthiest person who has MADE their money in MLM?

I assume there is at least one famous person since MLMers proclaim it to be the greatest business on earth.

Somehow I don’t think the fact that Trump spoke at a convention for ACN means he is doing MLM. Funny stuff though.
The owners of the parent corporations are not what I am asking about. I am talking about someone who signed up with an MLM and made his/her millions. Thanks.

Cary

Marcello asked:


I thought MLM was supposed to cut out the middle men like advertisers and wholesalers so that it could bring lower costs…instead we see ridiculously priced vitamins, $100 6 packs of juice, phone services with ridiculous rates, financial services twice as expensive as anywhere else…etc etc…the list goes on and on.

Suzanne

Iknowyouseeit asked:


I have a presentation next month in where I have to speak about BONUS VOLUME in our new NETWORK MARKETING CAMPAIGN. I know what these each mean by definition, however I am still not clear and am quite confused of about how the relate to each other. I am new to the business and would appreciate somebody who is experienced to explain this to me please!

Tommy

Beelzebub asked:


Look I admit it has problems, but I am regularly able to take advantage of people who are not familiar with MLM. But the more you see people answering questions pointing out all this stuff that is wrong with it the harder it is.

I can’t even spam in here anymore without most people knowing what is up. No one believes I am making $50,000/day anymore because some dummies have taught them to ask more specific questions. I don’t know how much volume I do. Who cares! I am rich. Just sign up.

Anyone else having this issue?

Eloy

Marcello asked:


I want to hear from any person in MLM / Network Marketing that has ever sold enough of their product or service to make a decent full time living (say at least $50k/year in earnings) before ever recruiting someone into their down-line.

The obvious nature of the question is to help refute that MLMers only really make money by recruiting. Say it ain’t so. Also, what product or service did you sell?
Aircoole - see Avon.
Jay S - you hit the nail on the head.

Wesley

3mhomebusinessdotcom asked:


I just dont get it. It takes years to make a profit with anybusiness, and it takes large capital and alot of effort. But, with many mlm/home businesses, it only takes $97 to $500 to start and most of the business and website is setup for you. Why do so many uneducated idiots think they are pyramid scams? Madoff investments was a pyramid scam///mlms aren’t. Why do idiots think they are??

Sherry

Beelzebub asked:


I know they say its easy and about sponsoring people and stuff, and I can do that. Should I put all my focus on MLM and just do whatever it takes to become rich? I need some advice.

Anyone have a good MLM to recommend?

Shannon

Marcello asked:


Now they can say, “See, Ponzi schemes are out there in real business too!” as one of their “rebuttals”.

Taylor

Beelzebub asked:


Literally, you cannot post a question in small business or careers & employment without getting one of them spamming you with their business opportunity, yet these are the same people who supposedly are making money hand over fist? What is the deal, and do any of these people actually think decent people want to get into a business that requires nonstop spamming? Why is it only people in MLM feel the need to announce they are making all this money…no other business does that.
***Rich F, LMAO!

You are a spam artist spamming about Melaleuca!!!

Is there a worse MLM company out there than Melaleuca? Oh please.

I love how in one of your answers you profess it involved “no selling”. Priceless! No selling, so what, you just are a pure pyramid or its just morons like you buying?

No sales…please. LOL. That is the problem with MLM you dolt…no one is good enough to sell the product on their own so you need to sign up others to get paid. Man, I pity your mentality.

Gil

Marcello asked:


Even minimum wage sales jobs that high school students are doing require realistic volumes of sales…at least 3000-4000/week.

If MLMers were required to actually sell the equivalent of even the minimum wage sales people they would quit in droves.

So essentially MLMers are doing less personal sales than minimum wage salespeople yet they will tell you MLM is about sales and not making money by recruiting people. Well, if they are not doing real sales volumes, then they are making money recruiting. HMMM.

How do those in MLM justify this?
Brad H - the question was clearly addressing the money made by recruiting versus sales. Thanks for completely avoiding the heart of the question.

What could I have expected though, this is normal MLM mentality; when confronted with a question you don’t like, change the subject. Nice work.
Laura J - A+ for your long and seemingly educated answer. However, a few points I want to bring up. A good portion of your answer describes the benefits of building a customer base. If you have a large customer base providing you residual income that is terrific, but if that was the norm in MLM than this question would not need to be asked.

The clear point is directed to bulk of people making (or trying to make) money by building a downline. Surely if everyone built a massive customer base first, then it would indeed be about sales, not recruiting. But the fact that nearly all MLM compensation plans reward recruiting over sales speaks volumes.

If you are making more money from your customers than you represent an extremely low percentage of MLMers. If you want to suggest that everyone be like that, then bravo, but we know the reality is people try to make money on recruiting instead of sales in MLM.

Thanks for your answer though.
Edi - Thank, but you clearly missed the point. If you are recruiting and not selling, what value do you offer to the company?

You admittedly don’t know how to sell, so your value is not in teaching anyone. The difference between a bank or any other company that recruits sales people is that the people being paid to recruit and train them have clear value else they would be out of a job.

Merely making money recruiting is the very definition of a ponzi scheme.

Sorry to be harsh, but what you described IS the exact problem with MLM.

Artis