The cult of evil: MLM

last SG · 2009-06-02T19:35:54+00:00

Hi guys.My friend was called up for an interview as a management trainee but he doesn’t remember applying for this position.He received this email after spea...

Xcelon82 SG

Commissions are merely tools to employ people to work hard...

This statement you made is wrong. A better statement would be, a sum or percentage allowed to agents, sales representatives, etc., for their services.

eagle SG

Haiz.. Go check the definiton of employee in the dictionary or any government website.

Enough said.

I do understand where you are coming from but your explanation is unfounded.

Comm is different from profit but i have already explain that in my previous post. Been paid a profit is from the overall profit that the company made and is been distributed to the distrbutor themselves not from the sales they made.

My definition of leverage is making use of people's expertise or strength to expand one's biz. Not in the area of engineer or any employee's work for that matter.

My definition of leverage is also on making use of people to help you do certain jobs so that you can focus on doing the higher-value things, not just expertise or strength only

eagle SG

This statement you made is wrong. A better statement would be, a sum or percentage allowed to agents, sales representatives, etc., for their services.

It's not wrong.

You don't work hard, you get paid less.

That's why I say it's a tool to employ people to work hard. Unlike fixed salaries, there's little incentive to work harder and harder.

skythewood SG

Commissions are merely tools to employ people to work hard…

let’s equate commissions to money

Money are merely tools to employ people to work hard…

Now, let’s see if anyone think this looks wrong in anyway.

eagle SG

Commissions are merely tools to employ people to work hard…

let’s equate commissions to money

Money are merely tools to employ people to work hard…

Now, let’s see if anyone think this looks wrong in anyway.

wrong; you committed a logical fallacy

it's like

A smart man posted "let’s equate commissions to money"

Skythewood posted "let’s equate commissions to money"

Does it look wrong in anyway? (Actually it doesn't because skythewood is indeed a smart man)

Anyway, money is a tool for trading; it was invented as a replacement to barter trading.
Commissions are money incentives, and incentives are there to make people work harder.

Deino SG

wrong; you committed a logical fallacy

it's like

A smart man posted "let’s equate commissions to money"

Skythewood posted "let’s equate commissions to money"

Does it look wrong in anyway? (Actually it doesn't because skythewood is indeed a smart man)

Anyway, money is a tool for trading; it was invented as a replacement to barter trading.
Commissions are money incentives, and incentives are there to make people work harder.

agreed...

Xcelon82 SG

My definition of leverage is also on making use of people to help you do certain jobs so that you can focus on doing the higher-value things, not just expertise or strength only

Well, that is your point of view and its not wrong but what has it got to do with what we are debating on?

Xcelon82 SG

It's not wrong.

You don't work hard, you get paid less.

That's why I say it's a tool to employ people to work hard. Unlike fixed salaries, there's little incentive to work harder and harder.

This is a very general statement. Incentives and bonus also makes people work harder.

Oh well, I won't disagree with you on that. You are entitled to your own opinion.

eagle SG

Well, that is your point of view and its not wrong but what has it got to do with what we are debating on?

nothing

I share with you mah

Xcelon82 SG

Ok. thanks for sharing then.

eagle SG

This is a very general statement. Incentives and bonus also makes people work harder.

Oh well, I won't disagree with you on that. You are entitled to your own opinion.

Erm... Bonuses (in your case, profit sharing) are also monetary incentives, just like commissions. That's why employers use these tactics to "motivate" employees to work harder.

Xcelon82 SG

Yes. Just like dividends in stocks.

eagle SG

Yes. Just like dividends in stocks.

Wrong again. Returns on investments is different from commissions types of monetary incentives.

Xcelon82 SG

If you compare it to commision, it is wrong. But if you say profit sharing then im right.

Dividends are payments made by a corporation to its shareholders. It is the portion of corporate profits paid out to stockholders.^[1] When a corporation earns a profit or surplus, that money can be put to two uses: it can either be re-invested in the business (called retained earnings), or it can be paid to the shareholders as a dividend.

I have already explain what is profit sharing. This description fits exactly what im saying.

Alright correction here. Instead of stockholders, it is to distributors instead.

eagle SG

Be clear.

Profit sharing is different from profit paid out.

The key word is "sharing". It means sharing with employees.

Dividends are paid to shareholders, people who has a stake, an ownership, in the company.

Really... since when is paying dividends to shareholders the same as profit sharing with employees

maskedangel SG

Received this email from my school

Dear Student

This announcement is to alert the student population to the potential risk involved in participating in Network Marketing or MLM type schemes. The risk includes loss of up to 100% of your financial investment, while legal action including fines and imprisonment.

It is also important to know that it is an offence to circulate Network Marketing (hereafter referred to as MLM type schemes) products and services via the NPNet email and associated IT infrastructure.

What is MLM?

How do I avoid investing in MLM?

If you are approached to participate in any "investment like" programme, we advice you to ask yourself three questions:

If the answer to the above is Yes, we advise you to stay away from such investment schemes.

Is MLM allowed?

Is there a penalty?

Xcelon82 SG

Be clear.

Profit sharing is different from profit paid out.

The key word is "sharing". It means sharing with employees.

Dividends are paid to shareholders, people who has a stake, an ownership, in the company.

Really... since when is paying dividends to shareholders the same as profit sharing with employees

Hmm. Well it is not the same because different terms is use for different scenario.

However the point is this, people in mlm biz should not be referred as employees cos of the many difference between them and employees outside.

Xcelon82 SG

Received this email from my school

Where is this email from? Government website?

Xcelon82 SG

Received this email from my school

Where is this email from? Government website?

eagle SG

Hmm. Well it is not the same because different terms is use for different scenario.

However the point is this, people in mlm biz should not be referred as employees cos of the many difference between them and employees outside.

It is not the same at all. Seems like you still don't understand why... but I'm lazy to elaborate further for you.

Anyway, non-employees wouldn't use the term profit sharing for themselves.

There are many differences between many jobs. You have been influenced to think that it is different from other employees, therefore it is better. A salesman is still a salesman. No difference for an insurance agent or a bank financial consultant.

Or if you want like to play with terms only, pple in the company I work in are not employees. We are all team-members.

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