okay... lets shorten everything this thread is saying...
Remember studiotraffic back in 2005? Was it hot?
Well, i invested in it too.
Before i started to invest USD3k, i am just a normal member investing USD90 to get my account to be USD100 so that i could make a withdrawal. It came to my attention that i've received a cheque amounting USD9.50 as i played for 13 days minus some charges. I sent it to Maybank but it was rejected as they charge on the conversion of the cheque to Ringgit Malaysia but no doubt, the cheque is genuine.
I continued with studiotraffic till July,2005 where studiotraffic officially opened Studiopay in Kelana Jaya, PJ. I then invested USD3k where my returns are huge. People in malaysia started trusting studiotraffic as they get their cheque each month. I even recruited a member investing USD9k where i could get commision of 10% from the amount of the investment made by my members... I've already told them that having a higher pay means higer risk. I didn't push him to join me but he still joins as he is a risk taker. He too received numerous cheque from studiopay. But when December comes, the company itself stated many reasons for the delay. And at the end, Studiotraffic shut down. Many people owe others money as they promised they will pay them back for whatever they've invested.
So, the conclusion in Malaysia is that many are very "kiasu" They will not believe in whatever they hear untill they experience it. MLM is difficult task.... but is a traditional business easy? try asking yourself that...
I have to agree that doing MLM is not easy to be succesfull.... but i ask myself this.. If i continue to working for 10 years in whatever industry i am doing, would i be successfull?
You start working as a normal staff in a company... after sometime, your get to be promoted to be a supervisor of that department.... and after maybe 2-3 years working, you might be promoted to be manager of the department.... and after 10 years working as a manager, do you think you will be promoted to be a CEO or whatsoever? I believe not unless you are relative to that company itself. And by working in a industry, to be promoted, you will have to poke many people's back to show that you are hard working and not like them. Thats what i don't like...
There are more than 2k of direct sales companies in Malaysia but only 1% of them are more than 10 years whereby 10 years is the minimum requirement of how stable the company is. And there are only a few of them which are DSAM certified.
Another concept of MLM is for people's life to get better... not investing a huge amount of money in hope of getting a larger amount back. A piece of advise... do investigate the company that you are spending your future on before deciding joining them or not. You cannot blame others if you join and failed... its your own choice.
There is another case of MLM... MLM is said to let people earn money. But there are 90% of MLM company requires members to renew their membership by paying an amount of money... Lets take an example of Amway. I am not sure how much they pay to be a member and how much are their renewal fees... Just take an example of RM10 for renewal fees. If Amway have 1 billion of members, their turnover with just membership renewal fees would be RM10 billion.So, in other words, the company is earning more than the Distributor themself.
* No hard feelings if i had offended others. I am just sharing my thoughts.
The other example is selling lamp, Last time they have a concept of investing RM 30k and ask them to find other 5 member to invest the same amount so that you can be more succesfull.... but in my thoughts, if 1 person invest RM30k, 6 person would have RM180k already. Would they be successfull in it? They are unsure too... but with RM180k, i would rather open chain of stores selling HP or other stuff as at least if the business is not good, i still could sell of all the HPs without any profit margin to gain back what i've invested in. Do you agree with me?
Why people fear of MLM ?, Do you guy really understand wat is MLM?
Feb 7 2007, 12:44 AM
Quote
0.0475sec
1.46
6 queries
GZIP Disabled