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

ScottLee · 02-18-2007, 12:29 AM

I just now wrote about MLM today, actually. Here's what I've had to say:

Dirty Mechanism - Personal Development » Challenges and Powerful Potential With Network and Multi-Level Marketing

I just got involved with Prepaid Legal myself. One thing I do stress with people is that there is no guarantee you can succeed in any MLM/network marketing company, and the majority of the people who attempt doing so will fail. It takes a massive amount of energy, and can sometimes give very little return. The biggest challenge is time - how can you utilize time in an MLM scheme to suit your best interests? You can certainly build your income, but how long will it take doing the things that they say will work?

I have currently invested about a year's worth of expenses to attempt a MLM business. If, after a year, I cannot succeed, I will be faced with no other choice but to not only cancel my attempts as an associate of the company, but also to cancel the use of the product that the company provides. I've been at it now for about 2 weeks - and that 2 weeks has already been a difficult challenge.

As many others here have already mentioned, I think there is one thing that some of these MLM companies are doing right, if nothing else - and that is teaching success principles. Many of these companies use systems that pound concepts of personal development related ideas into your brain. And, if people are smart enough to take the advice of these concepts, then there is no excuse for them throwing out $35,000 or however much they're spending purely on training material. That is ridiculous.

You have to know when to quit. And another problem with a lot of these training materials is that people will often pursue only the training materials, and nothing else. People will become addicted to receiving positive motivation, but trapped into doing nothing about what they're being told. It's true that you cannot sit around and do nothing and expect to earn any money using MLM, or any business, for that matter.

There is no reason you would ever have to lose more than you could afford if you're making intelligent decisions. Invest a portion of funds that you can afford and if after a period of time you do not succeed, cut your losses and move on. This is a standard business concept any individual in their right mind should know.

02-18-2007, 12:29 AM	#18 (permalink)
ScottLee Member Join Date: Nov 2006 Location: Houston, Texas Posts: 58	I just now wrote about MLM today, actually. Here's what I've had to say: Dirty Mechanism - Personal Development » Challenges and Powerful Potential With Network and Multi-Level Marketing I just got involved with Prepaid Legal myself. One thing I do stress with people is that there is no guarantee you can succeed in any MLM/network marketing company, and the majority of the people who attempt doing so will fail. It takes a massive amount of energy, and can sometimes give very little return. The biggest challenge is time - how can you utilize time in an MLM scheme to suit your best interests? You can certainly build your income, but how long will it take doing the things that they say will work? I have currently invested about a year's worth of expenses to attempt a MLM business. If, after a year, I cannot succeed, I will be faced with no other choice but to not only cancel my attempts as an associate of the company, but also to cancel the use of the product that the company provides. I've been at it now for about 2 weeks - and that 2 weeks has already been a difficult challenge. As many others here have already mentioned, I think there is one thing that some of these MLM companies are doing right, if nothing else - and that is teaching success principles. Many of these companies use systems that pound concepts of personal development related ideas into your brain. And, if people are smart enough to take the advice of these concepts, then there is no excuse for them throwing out $35,000 or however much they're spending purely on training material. That is ridiculous. You have to know when to quit. And another problem with a lot of these training materials is that people will often pursue only the training materials, and nothing else. People will become addicted to receiving positive motivation, but trapped into doing nothing about what they're being told. It's true that you cannot sit around and do nothing and expect to earn any money using MLM, or any business, for that matter. There is no reason you would ever have to lose more than you could afford if you're making intelligent decisions. Invest a portion of funds that you can afford and if after a period of time you do not succeed, cut your losses and move on. This is a standard business concept any individual in their right mind should know.