Greetings fellow netizens and curious individuals that came across this company/network franchise. I intentionally created an account in Lowyat specifically for this topic. Why? To provide
clear and accurate experiences as much as I could possibly relay.
.
Disclaimers/Notes (Prior information that u all need to be aware of)
1) I've been observing this thread from time to time. It has come to my attention that whatever information u come across kindly indulge in them (mine as well) with a pinch of salt as there are users are trying to distort information.
2) I am a
former associate (member) of the Mc Ocean/SD Group. In the context of their business, I am a
Star Premier (SP).
.
>>Their office is located in
Fraser Business Park (KL)
>> Their interview sessions are primarily located at Wisma Scoped International (Bangi). Kindly note, if the situation arises, they will relocate accordingly.
.
My Personal Sharings 1) This is indeed a
MLM based business/network franchise however you would like to look at it.
.
2) As for the stages/process of becoming a member of this network franchise, I believe a fellow user has already included a really detailed explanation on it. Hence, I'll not explore this matter further.
QUOTE
Hey guys, i can share my experience with Mc Ocean . I did not join their program anyway, so no worries.
STAGE 1:
I was recommended by one of my friend to go for an interview at Wisma Standard Chartered Standard Chartered near Taman Teknologi Malaysia. Once i went there and settle down, three person come and talk to me in turns. After the interview, there are a few questions in my mind that I really don't understand.
They are looking for "Business Partners" to join their organisation, but they're not willing to share their company name/info to me. If you want me to join as your business partner, why can't you trust me and share info to me? It doesn't make sense. They will say this is part of the system, they can't tell, and they claimed that someone will tell you eventually. But luckily someone did share an info to me during the interview. They're doing something call "Network Franchising". Okay... At least i have some info to google about it.
Then i went home and google it, then i found this link The Real Truth about MLM & Network Marketing . The link taught me a lot. I would recommend you guys to watch that video.
STAGE 2:
Few days later, i got the invitation to proceed to Stage 2 via Whatsapp. Basically it says "You have been invited for the business module presentation on at Fraser Business Park". Yet another question pop into my mind, what is the company name? Why they're still hiding the company name? I don't feel comfortable at that stage, i started to feel that something is fishy.
So, i meet up my friend for a quick drink on that day before the presentation. During the "Yum Cha" session, my friend keep pulling their senior partners to come talk to me and share their successful story. I asked what are they doing and how their company operates, and yet again they're unwilling to share to me at all. Funny huh?
Then finally, they bring me to their office. Now i know they're called Mc Ocean. They started showing me the products they have, mostly are health care products. Then they show me a bunch of photos on the wall. Long story short, they just want to show you how successful they are. Not sure is it reliable or not. After they show me everything, me and my friend sit down with another consultant and they start showing their business plan to me.
Yup, so that guy double confirm to me that my guess is true. They're doing Network Franchising or MLM related stuff. They don't call it MLM, they called it "SYSTEM".
Joining the program is RM2400 ++. Around RM 400 will be membership fee and training fee and the remaining RM2000 will be converted to points whereby you can use it to buy their products. Depends what is your upline ranking, he/she will get at least RM200 per new down line member. Then they did promote another "Fast Track" program whereby they teach you how to take back your investment and earn money faster. You would need to pay RM34,000 upfront to upgrade your own membership so that you can get your membership referral percentage higher. If i'm not mistaken, per down line registered you would get at least RM 600. They also claimed that they will teach/guide you how to get the RM34,000 funding. I did ask them what is the source of funding? And they say, borrow from friends, personal loan,etc, which i felt it is a bit weird and inappropriate .
The work there is quite simple. You can do direct selling for their product if you wish, but it wouldn't bring you good income. The income comes a lot when you successfully recruit a GOOD down line. The definition of "Good down line" means, he/she is willing to spend money and do new member recruitment. All you need to do is to find 5 damn good down line. Then once you found 5 down line, all you need to do now is to help your down line to recruit good member. Because according to their "SYSTEM", you will get promoted to another rank if your 5 down line promoted as well.
So i ended up rejecting it and go home. And i'm very happy with my decision.
STAGE 3:
I did not go for STAGE 3 as i did not pay the RM2400. =)
So now, let's puzzle the things together:
1. Why STAGE 1 - Interview?
As i said, if you want to earn money, your down-line need to do their part. They want to filter out those lazy people who does not recruit new member and those who don't like to work as a team. To maintain a healthy Network Franchising world or MLM, it requires team work. That's why you can see no one is willing to share the company name, hence "TEAM WORK" !!
2. Why not revealing their company name much earlier?
Perhaps they worry their "Well-known" name appears on your mobile. They have a lot bad stories when you google "Mc Ocean".
3. Are they doing direct selling?
You can. They also did promote something call "Indirect selling". Meaning, you can sell those products via your down-line member.
Summary
1. Is network marketing/franchising legit?
I wouldn't say it is a scam. This scheme actually works. As i said, if you have a healthy network/down-line, you will definitely earn a lot of money. Yes, you need to put effort, in finding quality "Friends" to build your network.
2. Should I join it?
My answer will be up to you. I don't like MLM. If you like to make new friends and you don't care too much on annoying your friends to join your network, then YES. If you're thinking of joining, please do double think again. You really really need to put effort into it if you wish to get back your money faster.
Thanks.
2) It has come to my understanding that lately partners (associates of the business) have been
'educated' to not bring up SD group in their presentations if possible. I personally find this extremely dishonest. It is literally an approach to omit important information/history. At the same time, you'll notice their usual approach will come in the forms of 'preparing your mindset to combat
certain negativity' & rushing you. What this ultimately does is that it plants the notion in your mind to block out both pro & cons of this business. As for the latter, without adequate time to think things through, partners of this business can 'close' their sales through this method. Hence, I personally find this rather
disappointing.
.
3)
Can you actually make money in this business?. You definitely can. However, I would advise potential future partners to consider the following:-
- Who is bringing you into this biz? Is he/she trustworthy? Forget upline/sideline, will he/she abandon you part-way in your new biz endeavor. Consider their true personality, character and working background.
- Are u ok with meeting new people and constantly spending a lot of time to get ur 'sales' in an 'indirect manner'.
- When you are out trying to make sales regardless using the
indirect/direct method , are you going to lie/pretend? If u do, forget religion,
I question your humanity itself. - Will this be your only source of income?
.
4) Are the people/partners in this business made out of
'good people'.
- One of the good things in this business is that you literally can expand ur network indefinitely and polish your social and entrepreneur skills to a certain extent. However, kindly note. In any business that has humans in it, anything can happen. You would find yourself in ur own network of the biz. However, culture/practices may differ from network to network. In conclusion, there are some
beautiful souls &
rotten eggs in this business.
.
.
My Story- I was always looking for means & ways to grow in terms of both networking and business ventures. Why? This is simply because I constantly want to be a better individual and I have this amazing family and soul mate that I would do anything to give them a better life.
- I was approached by my high school friend (colleague). We talked. Talked about business. And that was it, I was a business partner as I find the structure of the business rather fairly structured.
Why did I stop?a) My introducer left me in this business after a few months venturing in this business. From that point on, I mainly questioned his character (not too much in the biz). In my head, I did not want to bring people into this business only to end up being abandoned by my partway. Hence, I stopped as I do not believe in harming anyone but empowering people.
b) This business requires u to spend a lot of time to network, to support and 'close' sales. Much time is needed even much more than I actually OT in my work as a banker.
**I would like to take this opportunity to thank u (the readers) for your time and attention. Kindly take note of all of the information u have come across, liaised ur circumstances adequately and then make a well informed decision. In the end of the day, I wish u all the best of luck. **
Sincerely,
A Fellow Resident of Planet Earth.
Jan 7 2018, 12:09 PM
Quote
0.0468sec
0.49
6 queries
GZIP Disabled