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Originally Posted by moonrambler I wouldn't necessarily say they are 'schemes,' but the problem is that most people don't make money from them. |
95% of all businesses fail within the first 5 years. That's a fact. Whether that be a restaurant, a consulting business, a hair salon, or any other brick-n-mortar business.
MLM's have a very low cost of entry - often less than $500 to "get into business" so that often also attracts people who are not very serious about actually building a business.
Also, due to improper training, most people try to "sell" MLM's to their friends and relatives as an "easy way to make money", like a lottery, and that is where most of the negativity comes from.
MLM's are just as easy/difficult to build a business with as any other business out there. The big difference is that they don't require a large startup cost like most businesses and they don't require you to have to do EVERYTHING like when starting a new business from scratch. Meaning, you just do the marketing and they take care of the rest (accounting, product development, shipping, service etc.)
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I think the problem is you're not so much sharing something as you are trying to convince people to buy something. People often are skeptical about "secret information" that they're supposed to pay a bunch of money to get.
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To attend the seminar where YWIYC was recorded, it cost $10,000. The YWIYC CD series sells for $350 online. I think it's worth every penny of that.
However, I'm not trying to sell you anything. In fact I want to lend you my copy for free if you promise to listen to it. That is about as opposite as you can get from "trying to sell you something".
If you listen to the information and it doesn't resonate with you, it cost you nothing. If you listen to the information and it changes your life - I CAN'T stop you from becoming a GIN Member.
The guy who shared YWIYC with me didn't have to SELL me on GIN membership. I wanted it. In fact if he tried to stop me from becoming a GIN member I'd punch him in the face because the information is that valuable to me. I don't care if anyone becomes a member of GIN on here. I'm just sharing the free info, and people can decide from there.
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I'm not exactly sure why people hate Kevin Trudeau; I don't. I even wrote a relatively positive review on Amazon for that health book of his.
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Yes, all his books are good. Although his debt book wasn't that great for me as I'm in Canada and most of the info is US specific I found.