MLM pyramid schemes

[Maluco]

actually a lot of people make a lot of money through these pyramid / direct marketing companies... There are quite a few companies that took this approach after deregulation of the phone and energy industries. Earlier this year I worked supporting "consultants" for an energy company that did electricity and gas in TX, IL, and NY through direct marketing and, I can say, having had access to all of their accounts, that it does work if you apply yourself. I can't speak for all of them nor the one you attended but it can deliver.

[markseven]

Quixstar.

Also had to sit through a Melaluca seminar cause my bright sister was hosting it.

[McGyver]

Vector Marketing that sells Cutco Cutlery! You go and interview to sit through a demo of how great the knives are and how you HAVE to have them with a brief desscription of how the company is run. Then you interview again and if you pass that you can go to a training session and buy your own demo knives!!!!1!11!1

the thing that got me was that you got paid shit to do all the work to sell the knives and the entire info session they wouldnt tell me the cost of the knives or why it is less overhead to pay a bunch of students to run a company instead of selling to stores or online.

[bejbis]

I own a set of the cutco steak knives and a few others. Those are some of the best knives ive ever used.

On a side note, Ive seen my friends dad go through atleast 10 MLM's he never learns his lesson. It always starts with a friend telling him how great something is, and he can invest and get it cheap and get his product paid for by others and then some, or he can buy it outright. Then it always ends with some litigation/marketing/patent problem or the likes and people losing interest in going further.

I dont know how people dont see through what they are selling.

[325_e30]

I actually went to a primerica meeting the other day roflmao. they only wanted 99 bucks though. regardless i still have my 99 bucks.

[TheB1G Lebowski]

Yeah my wifes dad got pulled in to some shit like this and wanted us to join too. I knew from the start it was wack shit but wanted to make him feel ok about it. But we never joined and he wasted his money. Big whoop.

[pbr87]

They are not exactly like pyramid schemes. With MLM sales, you can potentially earn at almost any level of the "pyramid". In a pyramid scheme, you only earn at the top. Still, any company that stresses recruitment as being more important than product sales, is probably not worth your while.

[Farbin Kaiber]

Quixstar.

Also had to sit through a Melaluca seminar cause my bright sister was hosting it.

They are based about 15 min from me up here. Ther are known as quite the company up here.

They are not exactly like pyramid schemes. With MLM sales, you can potentially earn at almost any level of the "pyramid". In a pyramid scheme, you only earn at the top. Still, any company that stresses recruitment as being more important than product sales, is probably not worth your while.

Looks like you bought all the shit they said hook, line, and sinker.







And, the one that almost got me that I couldn't remember the name...

2by2.net

They are some shysters. They roll up to events looking like ballers in rented exotics with stickers on the sides... Looks like the Feds closed them up years ago now...

http://www.in-my-opinion.org/in-my-opinion-2834.html&sid=cbb1efa0a210a6dc3a72e47efb5f4ed4

[gstuning]

Interesting.

I´m going to Hong Kong this fall thanks to MLM.
For free. flight, accomodations, food and drink and tours.

gf does MLM style business and and has for a few years. We have gotten to know the other people do it as well and some of them are very well off. She´s getting to the level now where free crap and more money just rolls in for no more work some of the people we know have gotten CARS for free, literally FREE. One was a new Mini and another was a new 320d E90.

But do actually make money takes WORK. Real hard work. Just getting people to join is just about the same stupidity as opening a gigantic company and hire alot of people and never do any work. Auto fail.

This is no different to owning a company and getting a fat cheque for other peoples work.

[pbr87]

Looks like you bought all the shit they said hook, line, and sinker.

No.
I haven't spent a cent on any MLM products.
Like I mentioned in my previous post...companies that stress recruitment as being more important than actual sales are always something to be wary of.

[McGyver]

I own a set of the cutco steak knives and a few others. Those are some of the best knives ive ever used.

No doubt the knives are awesome, but the way they pitch it is that i NEED the knives when a mid-grade set of knive is fine for everyone but professoinal chefs. i just didnt like how they didnt give me any information on how the system really works and how they avoided my questions during the info session. it basically seemed like they were giving us the demo to try to trick us into believing all the hype. lame.

[pbr87]

No doubt the knives are awesome...

Their knives are okay at best. They have very sharp blades, sure, but they lack the weight and balance that a brand like, say Henkels has.

[CincinnatiKid]

I got suckered into a Quixtar meeting, waste of time, anything where you have to "recruit" people is a pyramid scheme and should through up red flags.

[pbr87]

I got suckered into a Quixtar meeting, waste of time, anything where you have to "recruit" people is a pyramid scheme and should through up red flags.

True. It is very difficult to make money in such a scheme. Say, for example, that you have to invest $200 in the initial package. If you recruit 5 people, you make $100. If each of them recruits 5 people, you make an additional $300. How much time does this take? Chances are, if you follow the steps, you've spent $200 and probably 40+ hrs. of time, just to make back $400. Then you discount your initial investment and realize a $200 profit. You can make more than $200 for a 40hr time investment by flipping burgers at McDonald's.

[Rigmaster]

Interesting.

I´m going to Hong Kong this fall thanks to MLM.
For free. flight, accomodations, food and drink and tours.

gf does MLM style business and and has for a few years. We have gotten to know the other people do it as well and some of them are very well off. She´s getting to the level now where free crap and more money just rolls in for no more work some of the people we know have gotten CARS for free, literally FREE. One was a new Mini and another was a new 320d E90.

But do actually make money takes WORK. Real hard work. Just getting people to join is just about the same stupidity as opening a gigantic company and hire alot of people and never do any work. Auto fail.

This is no different to owning a company and getting a fat cheque for other peoples work.

Who do you think funds all of those freebies??

Hint- it's NOT the people at the top of the pyramid, it's the suckers that make up 90% towards the bottom. They write it off to not being the right thing for them, or write it off to experience or whatever- but you have to have people constantly pumping in $$$ from the bottom for those at the top to stay afloat.


It's BS, pure and simple.



I have a friend who gets flown out to Vegas and gets hotels and meals comp'ed by a couple of the casinos. Do you think they do that just because he's a nice guy? I hate to think how much $$$ he flushes, but he brags about how well they treat him.