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MLM: Multi Level Marketing or More Losing Money

Started by yowchuan · 9 months ago

I am not targeting any specific company this time. I have been wondering the viability of investing in a MLM company and why so many of my friends have got war stories to share about it, if they are even willing to share with me in the first place. It’s not t ... Continue reading »

10 comments

  • Good post! I am gaining back my lose now from StudioTraffic. Due to the scam of Stormpay, many good autosurfs turned out to be scam. So I am affected also... I just hope ST will pay me and then I can get out from these scams.
  • Bro, someone burned you ass?
  • Haha...no lah, nobody burned my ass. Just wanted to list down some facts for those who might not be too aware on the difference between a pyramid scheme and an actual legal business model.

    MaxE, by the way, Singapore has got an interesting FAQ on MLM & Pyramid Scheme: http://app.mti.gov.sg/default.asp?id=567
  • Yea, too many illegal mlm company mushrooming all over msia. Should check with the DSAM for those legal mlm company. And also, dun forget to check out their business model too!
  • i want to kick u'r ass... can i?

    1)what did u know about mlm?
    2)did u go to the training or meeting?
    3)did u know how to run the business?
    4)did u do the business with the guideline?
    5)or u just making story so that other mlm's will sink like your ass..
  • I unfortuantely have a few friends that have recently falllen for MLM schemes... Notably Agel and NuSkin. They seem to be mushrooming here in Israel.

    Note that I say scheme and not scam... My friends recieved the products that they paid for, unfortunately I don't think that anyone even made back their initial buy-in fee, much less actually make anything!

    Like my daddy taught me, if it sounds too good to be true, it probably is.
  • If you don't know what are you doing, the risk is coming.
    I don't think MLM is a easy business yet i'm not deny it as great business model.
    The important things about MLM is your selection & attitude. If we want to be in this business, be brace yourself to accept a lot of rejections, critic, trouble etc.
  • There are always bad apples, and always bad people within organizations. Though the company themselves may be legit, the people recruiting you into their downline could be complete scum - so know what you're getting into.
  • Great post. I will have to bookmark this website to read more.
  • This list is not all lies. It depends upon the person who is into MLM that makes it a lie in some aspects.

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