Updated over 6 years ago on . Most recent reply
Is Network Marketing worth it?
Hello everyone, I have some question you could really answer and hopefully clear some doubts in my mind. I recently went to a meeting of Network Marketing, and there is a company that is patnering with Amway. From I have heard this type of networking is considered “Pyramid “ and is illegal by many. But from what I have read it doesn’t seem that way at all. I meet with some people that they talked and gave a few audios about mindset, also to read a book from Kiyosaki’s “The bussiness of the 21 First Century” and they also said I have to go to meetings like every week, for about 3 hours, pay 5 bucks, go to other meeting once a month and pay $15 a month. And to go to an annual conference with the most “successful people” in the business of Network Marketing that it would cost about $115. They told me they do all of this to prove my accountability, patience, build trust and being serious about opportunities. Lastly, they said it could take me from 6 to 18 months to get an extra income of about 50,000 a year, and it would take about 10 to 15 hours a week of my time after work, which So far I don’t know if I want to sacrifice form learning real state investing. I would like to get opinions and perspective. Is this a whole new world of business? It’s gonna help me build relationships with new people so I can benefit for patnership into my real state investing dream? It’s a scam? It’s worth the money and my time? I would really appreciate your most honest replies on this. This is the only place I trust and ask for help and guidance, since there’s many people out there who just want your money without providing real value. Thank you in advance! 🙏🏼
Most Popular Reply
@Rasiel Algaze As someone who has done a few network marketing (MLM) companies in the past, here's my advice - RUN AND NEVER LOOK BACK!
Why? Sure the people at the top of these companies make money, but it's only possible because most of the people at the bottom of the company are guaranteed to lose money.
My biggest beef with these companies is that it's not about the product, it's about the business structure. No one buys $100 fruit drinks because the drink is really worth it. They might delude themselves into thinking it is (trust me, I was there), but in reality they pay that much because they think they can make money off of the business.
Whenever a company is more about the biz structure than the product, you should turn the other way. And sadly that's how most, if not all, of these MLM's operate.