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 Why people fear of MLM ?, Do you guy really understand wat is MLM?

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kailzer
post Feb 1 2009, 02:05 PM

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Joined: Dec 2007
From: Kuala Lumpur


Im not advertising Mlm or whatsoever. Since this is a Jobs and career, so i post my question here to get better answers.

Was chatting with this dude about my coming 1 month holiday. So he introduce this part time business to me, he told me that as a student i will able to again around 400 to 1k income. A 14 hours per week job, just get a member and use the daily product. He also said that this company already operate for 20 years in malaysia, trustable. He even provide me the website, and shown me some successful businessman, houses and great sport cars.

I dont know anything about MLM, and a lot of people say that mlm is a scam but i dont know why.

So, is this good or what?
kailzer
post Feb 1 2009, 03:07 PM

Getting Started
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Junior Member
119 posts

Joined: Dec 2007
From: Kuala Lumpur


QUOTE(KisseD @ Feb 1 2009, 02:27 PM)
successful ones with big cribs n rides are those on top..meaning thr was lots of opportunity for them when mlm was still young. ppl say its a scam bcuz u can hardly be successful as them nowadays with the current knowledge of ppl. 1month wont get u anywhere..as u will have to pay upfront to get to sell their 'products' and collect ' member fees'. and 14hours to get 1k? only if u have lines of ppl waiting to join u.
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QUOTE(vivi79 @ Feb 1 2009, 02:25 PM)
Here are what I consider the general pros and cons of MLM: -

Advantages:
1) you get to set your own working hours because you are your own boss
2) Very minimal startup costs compared to starting a franchise/brick and mortar business.
3) Established infrastructure/plan.
4) Regular motivation in form of seminars/cds/success stories (depends on the company anyway).
5) Presence of a sponsor/mentor to guide you throughout.

Disadvantages:
1) Certain companies may limit your creativity by putting some restrictions on advertising/marketing.
2) Though you are your own boss, you may have to periodically attend seminars/meetings, wear business attire even if you may not like it.
3) You may or may not like your sponsor's/company's overall attitude.
4) You may have to compete with your peers in your area/region.
5) You have to be an effective speaker.
6) Some may get intimidated (those with low self esteem) by attending seminars/meetings.
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After few pages of reading, mlm is a big no no to me. Thanks anyway smile.gif

 

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