Super User Root beer Posted October 21, 2010 Super User Posted October 21, 2010 MLM and vast majority of corporation are NOT the same structure..It just isn't. I mean it fine if you are involved in MLM, but saying it the same thing or similar as a corporation is B.S. because they have two different ways of selling products and compensating employees. That all I'm saying. I'm be working in accounting and finance most people that hear that will immediately think I'm embezzling money.... : Just like when you tell them you are involved in MLM they think you're a scam. When I receive the proper credential and someone asked me if MLM and corporation are same or very similar, I will say no, simply because of how pay structure is. Of course the scenario can vary, but generally no. Anyway, good luck.
Super User K_Mac Posted October 21, 2010 Super User Posted October 21, 2010 Captain Obvious I have had some experience with MLMs in a former life. The difference in "owning" a MLM business and a traditional one is not only the the outlay for brick and mortar. The goal of a traditional business is to sell goods, services, intellectual property, something. Most MLMs have some sort of product(s), but the primary goal is not to sell anything but the promise of wealth, if you can sell the promise of wealth. You may buy some product to demonstrate your commitment, and you may sell some to friends and neighbors, but your goal is to recruit folks and for them to recruit others, to recruit others... My questions are: Is the product good enough and priced good enough to make money for the distributors (esp. newer ones) without on-going business expansion? How much money is made from sales of books, CDs, DVDs, and other sales training and motivational seminars, etc.? My experience has been: 1. The products are over priced and quality is not usually as high as advertised. Distributors will buy because it's necessary, but ongoing sales to anybody other than distributors is unlikely. 2.The sale of training and motivational stuff is a large part of the income of those higher in the food chain. 3. Some of the motivational and self-help/improvement ideas and techniques have real value. They can and sometimes do change peoples lives for the better. Most of it though is calculated, "inspirational" hyperbole to fire up the troops and make money for those higher in the chain. 4. Very few make any money. For those that do make a little, the return on investment of time, money, and effort is very small. They would be better investing their time in a second "traditional" job. This is the one that is most misleading in my mind. The ploy used to sell MLMs is that you can have control of your time, and all your income will arrive in the mail box based on the work of folks down the line, while you live the good life. That sounds good, and I can paint you a beautiful picture based on that model. It really isn't honest though, at least in my opinion. Capt I wish you every success. I really do. If you are successful you will be in rare company. Good luck.
Super User J Francho Posted October 21, 2010 Super User Posted October 21, 2010 Everyone is entitled to their own opinion, I'll keep mine and you'll keep yours end of story. I'm still in school getting my degree so I will have marketable skills. Good Night Irene Exactly. This is just going round and round.
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