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Originally Posted by Peter S C I have been pitched MLM opportunities on 2 occasions now (for 2 of the biggest MLM companies worldwide). Whilst I didn't get involved in the MLM opportunities, I did investigate them enough to decide I didn't like them. Here is an article I have written about the experiences: My Beef With Multi-Level Marketing |
I appreciate that article, and I really like how you declaimed at the end about those being your only experiences with it, and happily deciding not to take it on. There are multitudes of opportunities out there, and just as many approaches to doing the business. The thing is that most people only notice that it is MLM when they have had a bad experience. Many people buy from Network Marketing companies and don't associate the stigma to it, like TupperWare or PartyLite. There are shady tactics in every business, but I find with mlm that many times people will disregard the entire industry. If you buy a Dell and feel like you get the runaround by service or claims made, do you refuse to look at computers ever again? Not likely.
Personally, for people who want to start a business quickly and easily, I can't think of a better way.
The problem I see with the warm market issue, is people club their friends and family over the head because they refuse to leave their comfort zones. You can only pitch your family so many times. Not only that, sometimes people are so eager to make money or sign someone up that they don't give their friends and family the whole picture...and that can burn some bridges.
Most of the problems in MLM don't come from the business model, but that some people shouldn't be there, or they have ridiculous expectations.
Still a great article, and I am grateful you didn't try and steer people away from the industry. Lot's of people do this on a whim, but to succeed you need to do you due diligence on opportunities, companies, products, comp plan, etc.