Comments on: MLM — More Loose Misrepresentations http://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/?utm_source=rss&utm_medium=rss&utm_campaign=mlm-more-loose-misrepresentations 48 Days to the Work You Love | Dan Miller Wed, 16 May 2012 18:29:00 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Tibiahttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1448 Tibia Tue, 11 Jan 2011 03:46:57 +0000 http://48daysblog.wordpress.com/?p=455#comment-1448 <a href="http://tibiamonsters2.blogspot.com/2011/01/first-creatures.html" rel="nofollow">tibia</a> tibia

]]> By: elahttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1447 ela Tue, 23 Nov 2010 01:26:45 +0000 http://48daysblog.wordpress.com/?p=455#comment-1447 if you are an outgoing people person that's a talker and has tons of friends and people that you know, MLM can work for you.if you are like me, small circle of friends, introvert, that can't sell, forget it...most of the MLMs won't tell you up front that you have to be good at selling to succeed.. they lie or simply forget to tell the truth. if you are an outgoing people person that’s a talker and has tons of friends and people that you know, MLM can work for you.

if you are like me, small circle of friends, introvert, that can’t sell, forget it…

most of the MLMs won’t tell you up front that you have to be good at selling to succeed.. they lie or simply forget to tell the truth.

]]> By: Adam Davishttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1446 Adam Davis Thu, 25 Feb 2010 07:47:10 +0000 http://48daysblog.wordpress.com/?p=455#comment-1446 Magnificently done posting, if only all bloggers put up this level of high-level quality information the internet would be a very much better place. Please keep it up! Thanks. Magnificently done posting, if only all bloggers put up this level of high-level quality information the internet would be a very much better place. Please keep it up! Thanks.

]]> By: Jeannehttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1445 Jeanne Wed, 13 Jan 2010 14:00:27 +0000 http://48daysblog.wordpress.com/?p=455#comment-1445 I appreciate your candor and balance in speaking to a very volatile subject. I have been with a mlm for 7+ years and continue with it successfully because I tell people the truth about how much work it is ( just like any job/career) and that it is NOT a fit for everyone. I think there are great companies that are legitamate. But within the industry are also vultures who move from company to company to skim off what they can before they move again. I run into them all the time and won't recruit them (including some within my company). The opportunity that direct sales offers has been a God send to this former high school teacher and my family and I thank Him for it every day. I will continue to help and support anyone who wants to build their own business in an ethical company by treating it like a real business. I appreciate your candor and balance in speaking to a very volatile subject. I have been with a mlm for 7+ years and continue with it successfully because I tell people the truth about how much work it is ( just like any job/career) and that it is NOT a fit for everyone. I think there are great companies that are legitamate. But within the industry are also vultures who move from company to company to skim off what they can before they move again. I run into them all the time and won’t recruit them (including some within my company). The opportunity that direct sales offers has been a God send to this former high school teacher and my family and I thank Him for it every day. I will continue to help and support anyone who wants to build their own business in an ethical company by treating it like a real business.

]]> By: adminhttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1444 admin Tue, 24 Nov 2009 22:21:54 +0000 http://48daysblog.wordpress.com/?p=455#comment-1444 The MLM company that I tried years back spread lots of great sounding stuff. I lost $600.... expensive lesson. avoid MLM people. keep your money. The MLM company that I tried years back spread lots of great sounding stuff. I lost $600…. expensive lesson. avoid MLM people. keep your money.

]]> By: Latest multi level marketing companies news - Making it Big in Multi Level Mhttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1443 Latest multi level marketing companies news - Making it Big in Multi Level M Thu, 30 Jul 2009 23:32:07 +0000 http://48daysblog.wordpress.com/?p=455#comment-1443 [...] MLM More Loose Misrepresentations Dan Miller’s Blog [...] [...] MLM More Loose Misrepresentations Dan Miller’s Blog [...]

]]> By: Eberthttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1442 Ebert Tue, 28 Jul 2009 01:54:21 +0000 http://48daysblog.wordpress.com/?p=455#comment-1442 Dan, Thank you for your position about MLM companies. I tried my hand at it with a few companies and was not able to make it work. MLM is a selling occupation period. I remember years ago purchasing videos on MLM and the author spoke in general terms about the exponential growth that is possible within MLM. He tried to get the viewer excited about the growth potential and made it seem that anyone could magically build a great team with any MLM business. I am not putting down the opportunity that MLM companies offer, just the reality check that you have to develop great selling skills to succeed with MLM. Dan,
Thank you for your position about MLM companies. I tried my hand at it with a few companies and was not able to make it work. MLM is a selling occupation period. I remember years ago purchasing videos on MLM and the author spoke in general terms about the exponential growth that is possible within MLM. He tried to get the viewer excited about the growth potential and made it seem that anyone could magically build a great team with any MLM business.
I am not putting down the opportunity that MLM companies offer, just the reality check that you have to develop great selling skills to succeed with MLM.

]]> By: Latest list of multi level marketing companies news - MLM — More Loose Misrepresenhttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1441 Latest list of multi level marketing companies news - MLM — More Loose Misrepresen Sat, 18 Jul 2009 23:24:54 +0000 http://48daysblog.wordpress.com/?p=455#comment-1441 [...] MLM More Loose Misrepresentations Dan Miller’s Blog [...] [...] MLM More Loose Misrepresentations Dan Miller’s Blog [...]

]]> By: Frankhttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1440 Frank Mon, 08 Jun 2009 22:59:59 +0000 http://48daysblog.wordpress.com/?p=455#comment-1440 Carol,You may want to ask the government directly. I see that you like to attack people here just like other MLM people. Maybe YOU are the con artist???It seems that the FTC (that's the FEDERAL TRADE COMMISSION my dear) agrees with Roxanne as well. Next time you want to slam someone, make sure you have your facts right.http://www.ftc.gov/speeches/other/dvimf16.shtmI did some checking after reading your comment because I thought you may be right, but turns out, you're NOT. Before you slam someone and call them names (like CON ARTIST), make sure you do YOUR homework.YOU were describing a PONZI scheme. The other person was describing a PYRAMID scheme. They are similar but different.Pay close attention to the sentences in the first paragraph (at the above link) under "What is a Pyramid Scheme and What is Legitimate Marketing?" that say:"A lack of retail sales is also a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public."Seems you were WRONG, not the other person. This is exactly what she said in her comments.Maybe your personal slam owes someone an apology? Unless, of course, you are going to call the FTC wrong. LOL. Carol,

You may want to ask the government directly. I see that you like to attack people here just like other MLM people. Maybe YOU are the con artist???

It seems that the FTC (that’s the FEDERAL TRADE COMMISSION my dear) agrees with Roxanne as well. Next time you want to slam someone, make sure you have your facts right.

http://www.ftc.gov/speeches/other/dvimf16.shtm

I did some checking after reading your comment because I thought you may be right, but turns out, you’re NOT. Before you slam someone and call them names (like CON ARTIST), make sure you do YOUR homework.

YOU were describing a PONZI scheme. The other person was describing a PYRAMID scheme. They are similar but different.

Pay close attention to the sentences in the first paragraph (at the above link) under “What is a Pyramid Scheme and What is Legitimate Marketing?” that say:

“A lack of retail sales is also a red flag that a pyramid exists. Many pyramid schemes will claim that their product is selling like hot cakes. However, on closer examination, the sales occur only between people inside the pyramid structure or to new recruits joining the structure, not to consumers out in the general public.”

Seems you were WRONG, not the other person. This is exactly what she said in her comments.

Maybe your personal slam owes someone an apology? Unless, of course, you are going to call the FTC wrong. LOL.

]]> By: Carolhttp://www.48days.com/2009/05/26/mlm-more-loose-misrepresentations/#comment-1439 Carol Sat, 06 Jun 2009 03:45:15 +0000 http://48daysblog.wordpress.com/?p=455#comment-1439 I'm stunned both at the ignorance of both the original blog and that of the posters who claim to have been in network marketing companies for years but cannot adequately describe a pyramid scheme. Network marketing does NOT require selling; IF you are not in it for an income. Just like you are networking when you tell your friends about the great new restaurant that opened in the next town over but are not ever going to get paid for it, you can join an MLM company to purchase products (that you use anyway) at the best possible price, but will not get paid for it. That does NOT make it an pyramid scheme. You can even sign your friends up under you and they can just buy products that they will use and never sell, and then you MAY receive a small commission check (depending upon the compensation plan of the company). A pyramid scheme is very much like a corporation.... those doing all the "work" are at the bottom and making very little money while the ONE at the "top" who is not doing any of the "work" is making most of the money, and the people at the bottom can NEVER become the ONE at the top and vice versa. It works like this: I am the 1st distributor of XYZ shampoo. I can buy the shampoo for $1 a bottle and it retails for $9.95 a bottle. I recruit Sally and she buys XYZ shampoo from ME for $2 a bottle and retails it for $9.95. Then Sally recruits Bob and he buys the shampoo for $4 a bottle from Sally who gives me $2 and keeps $2 (cause she has to buy his shampoo from me too, cause Bob has to buy from Sally) and Bob sells his shampoo for $9.95. As we go on recruiting, the lower levels receive less and less commission on the SAME PRODUCT! In contrast with a legitimate MLM/Network Marketing company, EVERYONE starts out as a "distributor" and buys their product directly from the company at exactly the same price. Everyone they recruit in turn buys product from the company directly, not their sponsor. Everyone in the organization has the same opportunity to make the same percentage of profit on each product. You are paid a commission on 1) your personal sales and 2) a residual commission on a small percentage of purchases made by people you have introduced to the company who have chosen to also become distributors. But, your residual check does not come from the recruit's potential profits as it does in a pyramid scheme. Obviously, when you sponsor someone, they are no longer buying from you, so you lose your retail commission from that customer because they now buy directly from the company at wholesale. So, residual checks are a way to 1) thank a distributor for sharing the business and products with new people and 2) come from an advertising budget that the company does not have to spend on TV, Radio, Internet, & Newspaper/Magazine Ads. I'm deeply disappointed in Dan's article. In fact, it and comments by Roxanne (the "coach") have reinforced my opinion that all "coaches" are con artists. They do not sell a product. They prey on people who are desperate to make a change in their lives but do not have the confidence to trust their own ability to hear from God. And, as Dan's blog illustrates, who cares if I've misrepresented the coaching profession... after all, it's MY OPINION. I’m stunned both at the ignorance of both the original blog and that of the posters who claim to have been in network marketing companies for years but cannot adequately describe a pyramid scheme. Network marketing does NOT require selling; IF you are not in it for an income. Just like you are networking when you tell your friends about the great new restaurant that opened in the next town over but are not ever going to get paid for it, you can join an MLM company to purchase products (that you use anyway) at the best possible price, but will not get paid for it. That does NOT make it an pyramid scheme. You can even sign your friends up under you and they can just buy products that they will use and never sell, and then you MAY receive a small commission check (depending upon the compensation plan of the company).
A pyramid scheme is very much like a corporation…. those doing all the “work” are at the bottom and making very little money while the ONE at the “top” who is not doing any of the “work” is making most of the money, and the people at the bottom can NEVER become the ONE at the top and vice versa. It works like this: I am the 1st distributor of XYZ shampoo. I can buy the shampoo for $1 a bottle and it retails for $9.95 a bottle. I recruit Sally and she buys XYZ shampoo from ME for $2 a bottle and retails it for $9.95. Then Sally recruits Bob and he buys the shampoo for $4 a bottle from Sally who gives me $2 and keeps $2 (cause she has to buy his shampoo from me too, cause Bob has to buy from Sally) and Bob sells his shampoo for $9.95. As we go on recruiting, the lower levels receive less and less commission on the SAME PRODUCT!
In contrast with a legitimate MLM/Network Marketing company, EVERYONE starts out as a “distributor” and buys their product directly from the company at exactly the same price. Everyone they recruit in turn buys product from the company directly, not their sponsor. Everyone in the organization has the same opportunity to make the same percentage of profit on each product. You are paid a commission on 1) your personal sales and 2) a residual commission on a small percentage of purchases made by people you have introduced to the company who have chosen to also become distributors. But, your residual check does not come from the recruit’s potential profits as it does in a pyramid scheme. Obviously, when you sponsor someone, they are no longer buying from you, so you lose your retail commission from that customer because they now buy directly from the company at wholesale. So, residual checks are a way to 1) thank a distributor for sharing the business and products with new people and 2) come from an advertising budget that the company does not have to spend on TV, Radio, Internet, & Newspaper/Magazine Ads.
I’m deeply disappointed in Dan’s article. In fact, it and comments by Roxanne (the “coach”) have reinforced my opinion that all “coaches” are con artists. They do not sell a product. They prey on people who are desperate to make a change in their lives but do not have the confidence to trust their own ability to hear from God. And, as Dan’s blog illustrates, who cares if I’ve misrepresented the coaching profession… after all, it’s MY OPINION.

]]>