NTIparis = fraud+scam, run as far as you can when heard

last SG · 2005-02-25T00:40:27+00:00

Thanks for talking about the ethics. For those agents, whenever their downlines earns and they don't earn, infront of their downlines, they will feign happy...

leddy SG

Your pts are pretty valid, however I'm not in the business of proving mlms dont work. I'm just negative towards them and voicing my sentiments why they dont benefit the majority of people.

So are you into mlms?

laurence82 SG

Nope. Currently, I should let it out that I am just a student, and an observer..someway..haha..of the MLM industry. Did joined in one or two last time...

I am more for regulations, tightening enforcement so that scams dont go thru loopholes in the laws.

teekh SG

So why don't I know anybody who's join sharp, philips, valentio and tifanny a la mlm style, nor anybody from from the above companies who claim they are MLM? And can you elaborate how are the above MLMs?

I guess business is an 'either you get it or you don't' thing. People who cannot understand the fundamentals of profitable and sustainable business workings will never do.

leddy - Woah...you've just written all the things that I've always wanted to say. But my essay skills like shit...sian...ideas pop out now and then but refuse to come out when i most wanted to write them out. I used to be a fan of Kiyosaki until I read books on Buffett and those by Ben Graham, Philip Fisher* and Micheal Dell then I found those by Kiyosaki so damn bloody superficial.

*I think the 'Conservative Investors Sleep well' portion in his 'Common Stocks and Uncommon Profits' is the best investment stuff I've ever read - Truthful, logical, concise, easy-to understand, yet so powerful.

leddy SG

Hi Teekh, I've read 8 books by robert kiyosaki. I think just read one book is good enough. After reading 8 books, I know it's good to be financially free, but I have learnt nothing about how to get rich from those books! That's why I think they are nice story books, not business books.

I found this website that concurs with how I feel about his books, but this guy is obviously out to 'kill' RK
http://www.johntreed.com/Kiyosaki.html

Anyway I think most ppl are better off reading books about Warren Buffett, Benjamin Graham, or Peter Lynch. Even economics and physcology books are better. But most importantly is judge for yourself what is right and wrong and applicable in your context. Many of these american books talk about things that dont apply here.

I think alot of ppl lack business knowledge which is why they think MLMs are so good, or they are just greedy enough to want to go MLM and earn a couple of quick bucks and leave after that.

My idea about getting rich is that great wealth is accumulated over time thru strong and consistent returns on ur investments. I mean there are many other ways too, but I would choose to put the main bulk on my money in such businesses, where calculated risks are taken.

teekh SG

Yah...true, a lot of stuffs are applicable to america only(ie 401k, tax system, etc) but still, it's about learning the fundamentals which are more important. The rules can differ, but the fundamentals do not(Think mahjong!). And I think anyone discrete and intelligent enough should be able to know what to absorb and what not to. It's not only the 'how to' which is important but more importantly, it's also about understanding 'why it works/does not work'.

One encik just summed up the fundamentals of business under 4Ps.

Product(desirability, quality, user-friendliness, relevancy, perishability, etc)
Price(Cost of production, efficiency, competitiveness, affordability, etc)
Promotion(reputation; marketing, gimmicks, advertising, sales, ethics, branding, good service and support, etc)
Place(aka accessibility and convenience; prime location, e-commerce, etc)

Many mlms don't even pass one of the 4 fundamentals. Lousy or average products, exhorbitant prices, irritating pushy sales tactics and lots of cheats and scandals resulting in a very very very bad reputation, and not easily accessible also. How to be successful and profitable in the long-run? I think gambling could also be a good way to get rich, since 'everything also got people who are successful(minority) and those who fail(vast majority)' yea? (of course i'm being sarcastic)

Maybe I'll send u a privy yea, leddy?

pqr SG

Originally posted by teekh:
[b]

So why don't I know anybody who's join sharp, philips, valentio and tifanny a la mlm style, nor anybody from from the above companies who claim they are MLM? And can you elaborate how are the above MLMs?

[b]

I will PM you to show you the proof.
I did not say there are MLM.
I said they are selling their products thru a MLM company

Neutrend SG

Don't waste this topic
Cool

Neutrend SG

Sian, so quiet…

pisces8 SG

You had apparently brought up many of the old topics regarding M.I.T. What is your intention?

Are you trying to create trouble?

Create trouble for Sgforums, or for M.I.T?

PatrickLTH SG

At the registration panel when you first register, there are Rules, Policies and Disclaimers. These are just a reminder of the Laws Applicable in Singapore. We do bear in mind that our identity can be traced and will be forwarded to the Authorities upon request.

You are responsible for what you posted. So long you have the facts (with proof when call for by the Law Enforcement Officer), you standby you facts (willing to face actions including attending court), and you post accurately the facts, then you have no fear to what you posted.

Please be prudent when we post. Thank you.

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