Tim Sales investigates: Do most people fail at network marketing? How can MLM’s get away with claiming that everyone can succeed? Learn what you need to know before you consider joining an MLM company.
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Posted on 26 December 2011 by admin
Tim Sales investigates: Do most people fail at network marketing? How can MLM’s get away with claiming that everyone can succeed? Learn what you need to know before you consider joining an MLM company.
Video Rating: 4 / 5
Related posts:
14 Comments
KirillStorch
on 26th Dec, 11 05:12am
Nice video, can you cite your sources?
MrTomvu
on 26th Dec, 11 05:12am
I can tell you are successful !! People fail because they don’t believe it hey have the ability to succeed. Great video. Thank you
slavacheban
on 26th Dec, 11 06:12am
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matheslori
on 26th Dec, 11 07:12am
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on 26th Dec, 11 07:12am
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aceshigh8881
on 26th Dec, 11 08:12am
MLM is a scam. Please believe me! I was in MLM for 5 years. After quitting I started a real business and made a lot of money. Now I have timefreedom as a result of good decision making. Which again was quitting MLM and starting a real business. Real businesses can be found by looking in the yellow pages. Those are whats’ known as “real main stream businesses”. Please save yourself year of aggravation and $ and just go start a “real business” so you can get rich.
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on 26th Dec, 11 08:12am
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MLMsellsSnakeOil
on 26th Dec, 11 08:12am
@adamandalyssa In MLM, payment is not to be confused with profit. People get paid, but when you add in the mandatory purchases to qualify for commission, as well as the the huge expense of a successful recruitment campaign- most lose money. MLM is in a state of continual collapse, and new recruits don’t expand the market share, but replace those who walk out the revolving door. What is this great company? I want to review it using Dr. Jon Taylors 5 red flags model for Pyramid Schemes.
hughhjo
on 26th Dec, 11 08:12am
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adamandalyssa
on 26th Dec, 11 09:12am
OK.I’m not gonna argue w/u.I know your mind is made up.My experience has been different than yours.Just know that not all MLM’s are the same.In this last year,a new kind of MLM found me,& its different than all the others I’ve seen.I have 72 people on my team,& every single one of them is making atleast $250 to 1k p/m so far. Many are making $5 to $10K. I am making $15K. Others on other teams are not doing quite a well, but that is because they are not doing the work. Best of luck to you!
MLMsellsSnakeOil
on 26th Dec, 11 10:12am
@adamandalyssa In MLM very little selling is done. It is all about recruiting. The margins are so low in MLM, nobody can make any money or have any advancement without recruiting. In MLM, the un-competetive prices ensure the distributors are the primary buyers, forced to buy as a mandatory part of receiving commission. MLM is like the lottery, most lose money to pay the few who do make money. A regular job may not make you rich, but people aren’t exploited to the same extend and LOSE money!
MLMsellsSnakeOil
on 26th Dec, 11 10:12am
@adamandalyssa The amount of businesses that lose money and fail is far less than MLM. There is considerable difference between MLM and a regular sales job. A salesman doesn’t have to recruit his own competition. A Saleman has territorial protection. A Saleman gets paid a fair commission per sale, unlime MLM where most of it goes to a bloated upline. A Salesman sells goods at market value, unlike MLM where the high price makes outside the network sales difficult.
adamandalyssa
on 26th Dec, 11 10:12am
In MLM, of course not ALL become millionaires, but the opp. to do so is there. The opp. to make 6 figures p/yr IS doable for many more. For 99.99% of employee’s, there is “0″ chance to make 6 figures let alone a million. Those in MLM who dont succeed is because they dont do the work. They quit when it gets hard. BUT there is much more opp. to make a good living in MLM than there is as an employee. Selling my time 4a paycheck vs. receiving mnthly residual income – I’ll opt for residual income.
adamandalyssa
on 26th Dec, 11 10:12am
I hear what you’re saying. I don’t see how that is much different than most businesses. Most businesses fail inside of 5 years or less, and cost tens of thousands of dollars to start&run on a monthly basis, way more than any MLM. Most sell products or srvcs for a lot more than they cost to produce, so the owner can make a profit & pay employees a minimal wage. Being in MLM is no different than being a salesman for any company, except its in the context of being self employed instead of a job.