The Truth About MLM – the Good the Bad and the Ugly

I have been doing some research lately in search of The Truth About MLM in 2011. The results may (or may not) surprise you.

Let’s start with the ugly and work our way up to the truth..

The Ugly.
http://www.addforums.com/forums/archive/index.php/t-58703.html
Mlm are the ones peddling their crap from the top to the salespeople/distributors. If you are not selling to the idiots attending the meetings, get out. They are the customers. The top doesn’t care if you actually sell the product or service, only if you buy from them. Mlm’s are disgusting in my book.

http://forums.whirlpool.net.au/archive/1729922
Mlm are responsible for shattered dreams, broken people, broken marriages, broken friendships, loss of money, and even suicide. I was in one in the past, and it was the biggest mistake i ever did. I lost friends, lost money and become depressed. Only the few top people make money and leave a trail of destruction of broken people. Mlm is evil. And they will say anything, lie, deceive to get people to sign up. Anchor: whrl. Posted 2011-jul-2, 7am aest.

The Bad.
http://www.archive.org/details/TheMythOfMlmIncome
Mlm are in the same small group positioned, year after year, at the top of the recruitment organization. The business model and business practices of most multi-level marketing companies directly cause the financial losses suffered by millions of consumers, not normal competitive factors orthe levels of efforts or talents of the participants. The collective losses represent an enormous transfer of money from several million people in the us each year to a handful of owners and recruiters. Like any other force that contributes to general impoverishment, this income transfer damages credit worthiness, breaks up marriages, ends friendships and degrades communities. Of the two categories of the mlm income opportunity, rebate income and retail sales income, the most publicized are the rebates, commissions and bonuses paid out on the purchases by “downline” recruits. This is the source that the companies claim has “unlimited potential” based on the opportunity to derive payments from an “endless” chain of recruits. Mlm allows all distributors to recruit others and qualified distributors to receive rebates on the purchases made by multiple levels of recruits that recruit more recruits. This report analyzes data from eight representative mlm companies. Seven of the companies that are analyzed are major and very well-known mlm companies and are members of the direct selling association. One is newer and growing and not a dsa member. Charts are provided showing the actual commission payouts on a per-10,000-sales-representatives basis for seven companies. The data show not only that virtually no recruits earn rebate profits but also that the mlm payout schemes transfer the lost investments of the great majority of participants to a tiny number of organizers at the top of the recruitment chains.

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The Good.
http://netprofitstoday.com/blog/mlm-vs-affiliate-marketing/
Mlm are making a real living income. I think to do what you do takes a lot of study, talent and hard work. I am still in the study and hard work phase. I haven’t found the talent yet. Over the years i’ve found half a dozen or so marketers that i listen to. You are definitely one of them.

http://business44.com/2010/09/http://business44.com/2010/09/what-is-network-marketing-and-how-do-you-find-the-right-one-for-you-2/
Mlm are the same thing. Today most people refer to it as network marketing. Network marketing is a business opportunity. You get an opportunity to start your own business and you need to relate to it as such. Most people who fail in network marketing because they do not relate to it as a real business. Most network marketing companies have a startup cost of $500 or less. Most businesses startup costs are $10,000 or more. The fact that network marketing business is a bargain should not be the cause of you treating it like it has no value. You need to be the same way as if you had invested $10,000. Listen to robert kioysaki, author of rich dad poor dad.

http://www.upublish.info/ezineready.php?id=43433
Mlm are suited to stay at home mums or people looking for a flexible work environment as the hours you work are generally quite flexible. Being part of an mlm you generally have great support and also access to continual learning materials giving you great resources to one day start your own business if you desire. Use your expertise.

Now that you have heard what others are saying about MLM, tell me what you think.

What is the Truth About MLM? Is it the Good, the Bad or the Ugly?

I will tell you what I think and provide proof.. in my next post:)

Until Next Time..

Take Care & God Bless
Barry O. Canada
MLMLeadsMaker

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