Posts Tagged ‘Residual Income’

What are some of the best hypocrisies/claims made in mlm?

Thursday, October 30th, 2008
MLM
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

Is it just me or does EXIT Realty work like a MLM scam? How is that legal?

Friday, June 6th, 2008
MLM
Melissa T asked:


Just to make it clear. I feel this way because they focus mainly on recruiting others (sponsoring) and on residual income. That is exactly what MLM companies focus on. It aounds like a complete pyramid scam.

Erick

How do people doing MLM/Network Marketing justify trying to make money without doing any real sales volume?

Wednesday, April 16th, 2008
MLM
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

Any professional or experienced person who is familiar with MLM, please tell me any intel about Quixtar?

Tuesday, March 13th, 2007
MLM
LilTrooper asked:


I have a friend who is VERY ambitious and is building a team through Quixtar. Many of their plans involve consuming the exclusive products sold through Quixtar such as; XS energy drinks, Nutrilite vitamin supplements, and health and beauty products. The convincing and very motivating factors in joining up with this company are things such as: residual income, mass-networking, learning and basically copying mentors who are making atleast 6-figures or are millionaires, and seemingly building your OWN company. The thing is I have done some studies and found out that ALOT of people claim that Quixtar is just a new name for the company Amway who became notorious for some of their procedures. I am just asking for any real professional, experienced, or greatly concerned individual who actually has knowledge either good or bad to share with me about Multi-Level Marketing or/and Quixtar. Any complex information about Quixtar would be gladly accepted. Thank you all for your time!

Belinda