Personal Development for Smart People Forums - View Single Post - Here Is Why MLM Is Just About The Worst Choice For Business You Can Make

Addict · 02-15-2007, 10:15 PM

I'm gonna be frank. I think this thread could use a lot more skepticism. You are handling a highly controversial system that is now widely considered a scam as a really positive experience.

I'm not gonna go into detail about it. There is already enough information out there if you are willing to look:
In pursuit of the almighty dollar - Consumer Alert - MSNBC.com

I was in a public speaking class a year ago. After a guy gave a speech about owning your own business and he brought in energy drinks into class, I realized he was basically pitching quixtar, which he worked under. In response, I made a speech about the pitfalls of MLM. I researched it and I thought about it. The conclusion I came to was this: you can make a lot of money from MLM, mainly from convincing other people that they can make a lot of money from it as well. People who make the real money are:
a) selling motivation tapes, seminars, and books to people below them
b) using the pyramid system to get profit from lots of people on their downline.

If you want to do MLM, fine. You can make money on it, but all you're really doing is selling overpriced products that are already on the market. I think Steve would agree the best part of owning a business is providing real value to people, not selling them things they don't need in a desparate effort to become rich.

02-15-2007, 10:15 PM	#14 (permalink)
Addict Senior Member Join Date: Nov 2006 Location: NJ Posts: 338	A little bit of skepticism might help. I'm gonna be frank. I think this thread could use a lot more skepticism. You are handling a highly controversial system that is now widely considered a scam as a really positive experience. I'm not gonna go into detail about it. There is already enough information out there if you are willing to look: In pursuit of the almighty dollar - Consumer Alert - MSNBC.com I was in a public speaking class a year ago. After a guy gave a speech about owning your own business and he brought in energy drinks into class, I realized he was basically pitching quixtar, which he worked under. In response, I made a speech about the pitfalls of MLM. I researched it and I thought about it. The conclusion I came to was this: you can make a lot of money from MLM, mainly from convincing other people that they can make a lot of money from it as well. People who make the real money are: a) selling motivation tapes, seminars, and books to people below them b) using the pyramid system to get profit from lots of people on their downline. If you want to do MLM, fine. You can make money on it, but all you're really doing is selling overpriced products that are already on the market. I think Steve would agree the best part of owning a business is providing real value to people, not selling them things they don't need in a desparate effort to become rich.