I have my fair share of MLM a.k.a Pyramid System. I take you all
back to 1995-1997 remember No.1 Products. I was quite young at that
time and worked part time at a supermarket store earning a few
hundred per week.
One of my idiot friend got me into listern to No.1 product and say
about their magnatic bed have improve health functinos and stuff
and count myself lucky I bought one thinking it would be good for
my mom for health reason. Lucky that was during CNY and they had a
rebate lucky draw and I got the $1888 draw and the bed cost was
$1280 so lucky me got a bed and $600. (Suckers lost a bed and $600
to me).Being inmuture and easily psychoed I thought I got a good
deal. They even gave me a cheapo members card.
Soon after I got called up for NS and stuff. 2 years down the road
when I ORD my officer called me up trying to sell me another bed
another company this time round I've got my experience with me and
being firm in my decision. No mean No and more over I've one bed
already why would I need to buy another one.
A few months ago I too had another friend that joined BEL AIR and
made it... He asked me and brought me to the commonwealth place to
listern I find it a baloni and BS. The speaker was a ex-DJ. No
doubt his presentation was great but once bitten twice shy. So out
of friendship and goodwill i got the cheapest lamp and a liquid...
its still full and the lamp is unused.
Now my brother-in-law is sucked into NTI. Selling women's
undergarment (Lu Mi Mi ) which by the way was sold by No.1 Products
about a decade ago and where is No.1 product? Gone!!! can't be
found anywhere. All these young people have no idea what business
is about. Have not even step into working live and want to teach
people twice their age about business. My dear brother-in-law...
wake up and smell the coffee... have soemone to pay for your
university fees go and study and get a good honors grade don't
waste your time at NTI playing know it all and selling undergarment
to old women and neglecting your studies. I have to work and pay
for my own university studies and study part time so difficult and
tired.
Sorry that was personal... Anyway don't admire the people having
office there they are at the top of the food chain. You are at the
bottom and always will be. You are working so hard so that these
people can fuel their car they drive... sleep on the bed and house
they buy.
Based on their model you need to have at least 20 to 30 generations
of downlinks and them to have thier own to be able to have an
office there and make those flowery speeches. Think how many people
you need to lure into the same boat you sit in and you might not
know when the boat may sink
MLM or Pyramid System companies will always be around. These
companies work only on one expect of human nature "GREED" as Money
is the root of all evil.
Think about it, all of these MLM companies be it NTI, No.1
Products, BEL AIR, Amway, always promise a high pay without working
just recruit peoplr will do. Nice car. Nice house. Frequent
Holidays to the listerners. How many of the people asking you to
join have them? Why are they always so eager to "help" you succeed?
Cause if you don't join they can't afford their
Car...House...Holiday...or their monthly expenses.
I work in a 8am to 530pm job earning about $3500... I own a car...
have platinum cards offer to me by banks but I rejected I only need
one for emergencys.
When I sit down to these people at these talks and psycho session I
ask them a few questions
1. How long have you been doing this? (some say: 1 year or
so)
2. Have you achieve a car yet? (Some reply: not yet but I'm getting
there)
3. I own a car does it mean i'm more successful than you? (Common
Replies: Blank Blank try to talk about something else).
4. Is your earnings taxable? (Common replies : Blank again)
5. If not taxable then in future how I apply for Credit Card?
(Replies: Blank Blank again)
You people that are in MLM Companies and thinking of joining.
Listen up: The only way to success is by hard work and a bit of
luck. By asking people to invest 14k or 10k or what ever amount pls
don't make real investers laugh...
If you really want to succeed
1. Saving 1/10 of your every monthly pay for a year or two.
2. Ask people that really succeed to help you invest. ( This is the
difficult part so luck play a part to know such people and by
saying that I don't mean Jackie "NTI boss" or other MLM boss. I
mean those SME bosses you should look at them)
3. If not put your savings in bank that money goes in easily and
take out very hard.
4. Don't be hasty in investing ask for 2nd or 3rd or 4th opinion as
many as pos from people in the industry you intend to invest. (E.G.
you are not going to as a pork seller if today's fish are fresh and
nice right)
5. Don't regret if you invest wrongly but you must remember your
mistake and learn from it and don't repeat it again.
6. But in any case if your investment does come out right make your
investment's children(returns) make more childrens and make all
these children create more children and make all your
children(returns) work for you and in time to come 4-5yrs you will
made it.
Be smart, stay cool you all .
Cheers
IronBandit
