A Job, A Business And MLM
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See my underline replies.
I understand what you are trying to get at. However the mlm context in SG is almost totally wrong, especially those local mlm companies. For a start, one have to bluff friends down for recruitment.Originally posted by the_fallen:i will not change the one sided issue on the JOB category, because it's a fact that 95% of people are working for Money, not their Interest.
Have you done any research? If is there any sources that verify this? From your past posts, i gather you are one who looks at facts.
As for business, if you want a balance side i can give you examples.
but how many can really set up a business successfully?
how many can really do well in a mlm business?
money - ethics. well said.
than what about shares, stocks, options - all these will not generate nor create more money.
I believe you dun know much about shares, stocks, options. I believe you dun know how the money concept works in the world. Anyone who knows will not make such a statement. I wun bother to elaborate on this.
the money that we have all earned (if we can make profit) are from those people who have lost their money by betting their money on the line to buy a hope with un-educated or with little experience of financial planners or even worse - being conned into investments.
again illustrates not knowing much about shares, stocks, options, investments, etc.. Why not you skip talking abt this, and stick to what you are good at.
now the business part. business is good..
i didn't say it's bad, i just say that there's rental, overheads, need to stock up on products and is the last person to get paid.
partially true, but depending on the kind of business you are dealing in
i'm not advocating that mlm is a must do, but compared to business and mlm, mlm is a very much simplified and easy alternative for the masses to join in and start building and learn the steps (choose and learn from the right company) to doing a business.
simplified yes, but not necessary easy. Sets of skills required for mlm and traditional business may be different. For example, one need to bluff his friend down for recruitment.
employee as a job is okay only for those people who are easily contented and leads a very simple ordinary lifestyle.
also not true. If easily contented and want to lead a simple lifestyle, then why are executives chasing the 5Cs? You mean they're not executives but all business owners or do you mean that 5Cs is a very simple ordinary lifestyle? -
rai & sonic are making quite some over-generalisations here.
some of the points are valid... just because that's what most of the companies practise -- especially the local ones.
however, there now exists modern companies that are working with philosophies that are opposite to what we usually negatively perceive network marketing to be.
gone are the days of over-priced & "miracle" products.
one has just gotta keep an open-mind to listen, study & make logical comparions... to seive out the companies that are sticking to old-school methods.
with that, let me just copy over a para of text from another thread about the local setups:
The number of people experiencing tough-sell / oddball prospecting tactics / big-mouthing stories far outweigh the people meeting pleasant distributors who truly believe in the product & the rewards it holds for the efforts spent promoting it.
For many... it is probably time to take a step back, review our position with the present company we're with, & make a wise decision to truly search for a company that will meet the requirements of a true Professional Establishment devoid of all negative images.
Why do we locals always get ourselves involved with the likes of Timeshares, Magnetic Mattresses (DW, Enyouth / Astral), NTI / Sunshine Empire / Emcom, BelAir, Lampe Berger & LFI;
(how many other local mlm's are there?????);
or money-games (aka no-product MLMs) like Swisscash, xthreem, esuissefund(spell?) ?!?
and then go around denouncing the MLM industry based on negative experiences with the said money-games / local setups.
wow... if one thinks of it, for whatever worth Singapore, the country, is known for (infrastructure, work/study culture, laws, etc.), we just can't seem to set up a credible Network Marketing company!!!
F-in' S.A.D. -
my replies will be broken into parts since it's a long reply to prevent people one short read all than become blur after reading (i often get this back when i'm studying, so i breaking it down for the benefit of all readers)
Part I
Me –Originally posted by sonic_16:Me –
i will not change the one sided issue on the JOB category, because it's a fact that 95% of people are working for Money, not their Interest.
You –
Have you done any research? If is there any sources that verify this? From your past posts, i gather you are one who looks at facts.
There's a article published not long ago, however if you want to refer to it, it might take me MONTHS to dig out the article from the Straits Time.
I not only look at articles, I go to the extent of OBSERVING (+ watch & listen) how people react to small little issues (on buses, mrts cars and even while their walking talking etcÂ…
Huang Jing Nian Hua (Chinese series on talk of life after retirement) CNA for business outlook and to learn new things.
I not only take into consideration of NEWS and facts, I also take into consideration of REAL LIFE Testimonials. It’s just around us everyday – walking life testimonials, it’s only up to an individual to spot it only.
Now in theory
When you choose a course to study in - what are the factors that some students take into consideration when selecting a course be it poly/jc/private
Future Market Demand - In the case of NYP nursing (now already proven booming industry)
IR resort (if without the Integrated Resort) How many students or even professional will want to switch their jobs or take part time courses to learn IR related Diplomas or even Degrees if they want to be managing the IRs.
Engineers/Technicians - The Polytechnics & Institute Of Education DIRECTLY give the course based on the market needs based on the passed (those old courses) New courses are based on FUTURE DEMANDS)
Not many really go for their interest.
Think
When you graduate you look for a job.
What's the VERY FIRST thing that you do ask about the job?
Salary?
Is it related to what i've learnt?
Working hours?
Experience needed?
Job Scope?
or do you ask if you can specifically take up your interest and turn it into a job?
Not many people [really] can afford to quite their jobs and go in search of something that they have interest in.
We are not America for the time being. We still don't have a lot of online services/ online work [clear hint to a business idea]
Let's be realistic here, we don't make the environment change for us, most often we change to suit the environment. (unless you are able to create and think of a idea that can be accepted by the public than only than you can make the environment change for you.)
Even in wedding, we don't change our environment.
Factors to look into
budget - how much you have = choice of location of wedding banquet and the course served
Wedding clothes [for ladies]
-most often it's ladies correcting their body shape to suit the wedding dress if the design is nice and appealing.
-have you gone to search for wedding attire and hear that people are trying to SQUEEZE into the outfit? (even in advertisements and drama series, they do act it out; as for advertisements, they than use it to advertise a product after-which to generate more sales)
Driving
How many of us have taken the driving lessons and passed it after how many times?
If we fail the driving test, can we drive - CANNOT
Just because some people doesn't pass the driving lessons and classes doesn't mean they can change the rules and way things work - am i right to say that?
can we change the driving lessons and theory exam questions like we like?
We CAN'T because we have no control over it.
so instead of we changing the environment to suit us, we MUST change ourselves to suit and adapt to the environment.You
As for business, if you want a balance side i can give you examples.
how many can really do well in a mlm business?
but how many can really set up a business successfully?
is that really a balanced side/example?
do you link all businesses together with mlm?
there not all businesses can be linked up with mlm
what about the tradditional businesses?
just by linking business together with mlm, is that considered a balanced example or are you directly linking it to mlm?
at least I did least out on how to prepare for a business (tradditional) with some of the issues to look into.
Monetary Concept.Me -
money - ethics. well said.
than what about shares, stocks, options - all these will not generate nor create more money.
You -
I believe you dun know much about shares, stocks, options. I believe you dun know how the money concept works in the world. Anyone who knows will not make such a statement. I wun bother to elaborate on this.
It's a game of cash flow. If one were to look at $$ as it moves, how does it moves throughout the nation?
The Rich will crack & use their brains to think of ways to generate income and earn it from the others by offering services.
The Average/Poor will most often use their brains on thinking what do they need for the new festive season, what they need to wear and what they want without looking at if whether they can afford it in the long run; of course there are some people who use and crack their brains on how to move their status from blue collar to white collar workers if not from employee to employer status.. (if not why is there a certain rate of bankruptcy in Singapore yearly around 3-4%; last's yr (2006) bankruptcy rate dropped by 1% according to Straits Time article which i didn't cut out)
[million dollar if not billion dollar worth of business-idea-interested parties are welcome to discuss with me in private regarding building of this game if there's any - believe it or not it's just a matter of time before i find the right people together]
Today if you were to create a game which can create a similar virtual-real-life game like life in Singapore, whereby people do grow-up in the game, build houses, give births to babies, purchase their own flats, have and are able to create their own laws or discussion; than each different individual character in the game has their own thinking (just like we people do) than create the game in a way whereby it will tally with Singapore's History, than maybe for the future of Singapore, you write your own perception of Singapore as well as based the ideas from the news, LKY books, Singapore's political changes, the way that they run the country & the history of Singapore.
Now comes the monetary part - create the game, this game keeps a data (php) of all different methods and ways whereby people do play this game, and how they spend their money and live their lives. (this data of how people live their lives, and spend their money will be kept nameless and be sent to MAS, and other govt departments for reference and to come up with financial education.
Than you will understand why i say that money can't be created nor earned, it's just a movement of money.
We don't print Notes (money) like we like. We have to based it on reserves, economical progress, the futures, bonds funds and many more (which i obviously is unclear of) so whatever are the notes in Singapore, are to be circulated only within neighbouring countries -
Part II
thank you for your kind suggestion, but since itÂ’s speech, everyone has got the freedom to do so, thus I shall continue, but if you donÂ’t like you can choose not to read mine post.
Me -
the money that we have all earned (if we can make profit) are from those people who have lost their money by betting their money on the line to buy a hope with un-educated or with little experience of financial planners or even worse - being conned into investments.
You-
again illustrates not knowing much about shares, stocks, options, investments, etc.. Why not you skip talking abt this, and stick to what you are good at.now the business part. business is good..
than what is the other part which you feel isn't true at all?
i didn't say it's bad, i just say that there's rental, overheads, need to stock up on products and is the last person to get paid.
partially true, but depending on the kind of business you are dealing in
can you list some examples?
me-
i'm not advocating that mlm is a must do, but compared to business and mlm, mlm is a very much simplified and easy alternative for the masses to join in and start building and learn the steps (choose and learn from the right company) to doing a business.
you-
simplified yes, but not necessary easy. Sets of skills required for mlm and traditional business may be different. For example, one need to bluff his friend down for recruitment. refer to the bottom of the reply - its the same answer for this question
This are people who exercise their brains who seek a higher/better lifestyle which is what IÂ’ve said in the post above.
Me-
employee as a job is okay only for those people who are easily contented and leads a very simple ordinary lifestyle.
You-
also not true. If easily contented and want to lead a simple lifestyle, then why are executives chasing the 5Cs? You mean they're not executives but all business owners or do you mean that 5Cs is a very simple ordinary lifestyle?
my friend, let’s TAKE A LOOK at the thread title – it’s A Job, A Business, and MLM, it’s to discuss on all 3 topics, so lets not cloud this MLM stigma that you have in here, if you want, start another thread, than I’ll answer your questions – if you’re questions are basic, for advanced questions with detail explanation – I will only bother to answer those people face to face. Since it’s a huge topic, so let’s not cloud this thread with unrelated Pure MLM issues before this thread starts to be another mlm thread again.
I understand what you are trying to get at. However the mlm context in SG is almost totally wrong, especially those local mlm companies. For a start, one have to bluff friends down for recruitment.
Concentrate on the comparison which is the primary purpose of this thread.
Do take note of that.
However to answer to your question.
Are you sure that itÂ’s only MLM industry which is/are lying to people?
Do you know that EVEN the so call ‘Charity Tickets’ that the so call volunteers are selling doesn’t all goes to charity.
IÂ’ve being working for charity tickets in the passed but quit due to guilt after 3 days only.
You know how the so call volunteers earn?
For every $10 you pay for the ticket.
$2-agent commission
$2-the centreÂ’s operating cost
$2-the printing companiesÂ’ cost
$2-the petty cash category expenses
$1-goes to CHARITY
$1-goes to the advertising(looking for so call volunteers to sell tickets)
Most of the Charity Tickets available in the market are being operated like this.
This data is what I know of based in the passed.
You can easily identify those real Charity or Gimmick Charity.
Just look if itÂ’s a big corporation/do the agents of the charity ticket sellers comes back to the same location to sell their tickets.
(Of course, you might want to consider donating to those students in uniform since they DONÂ’T GET PAID, itÂ’s a MUST for them to do it thanks to CIP aka Community Involvement Project- if I didnÂ’t remember wrongly.)
so in future if you want to donate your money, make sure itÂ’s the right person or organization that youÂ’re donating to.
You are just biased of the mlm industry that you made such remarks.
You have this negative stigma of the mlm industry in particular. -
Hey there everyone.
Seems that some people are so desperate to speak up for the MLM industry but never mind, I've no comments regarding all these. But really, nothing will convince me that MLM is godly.
Since everyone's so actively debating here. Let me lay a question here which I've pondered for quite some time. We all know that some successful people in the MLM industry own luxurious items like cars, motorbikes, condominiums, landed properties and whatevers that to them worth boasting off:
BUT tell me. How many of them are truly assets to them and how many are liabilities waiting to be paid off? In me opinion, those who are truly rich wouldnt haver to bother about paying off your liabilities because what you have would be assets to you, isnt it? -
Originally posted by TIB744U:
hi tib
Hey there everyone.
Seems that some people are so desperate to speak up for the MLM industry but never mind, I've no comments regarding all these. But really, nothing will convince me that MLM is godly.
Since everyone's so actively debating here. Let me lay a question here which I've pondered for quite some time. We all know that some successful people in the MLM industry own luxurious items like cars, motorbikes, condominiums, landed properties and whatevers that to them worth boasting off:
BUT tell me. How many of them are truly assets to them and how many are liabilities waiting to be paid off? In me opinion, those who are truly rich wouldnt haver to bother about paying off your liabilities because what you have would be assets to you, isnt it?
firstly nobody is trying to convince you to join their company here on sgforums.
you so choose to reply and debate on this topic because you feel strongly about some aspects of this industry.
and indeed its not godly thanks to the silly tactics employed by smart-alec locals who think they wanna make a fast buck employing the mlm strategy.
you know what you're saying doesn't make sense?
think of it. these people spend on liabilities... because they can afford to.
because they've fought off the hardships of skeptics like yourself & others, and successfully made their product sales and grew an awesome consumer / customer / distributor organisation 100s or 1000s big.
(let's just refer to the clean cut individuals who don't employ the dirty tactics to drive business.)
look at the myriad of "employees" who live on credit and yet spend on liabilities.
when a company downsizes or closes shop, what will happen to their monthly payments??
these material goods belonging to the "employee" will surely fly out their window faster than you can say "are you kidding??".
as for the mlm-er it will depend on his business acumen to build his/her income with a company with solid infrastructure and corporate backing and a credible business support team.
(the best is to find one that will help him/her assist 90% of the network marketing population out there who only have part-time to spend on the "business" side of things to gain a secondary revenue stream, then surely one will be successful.)
and its not easy, it takes good hard research to find such a company.
but of course, one will come across all the cock & bull companies like all the Seeengkapooor set up ones.
and the biggest diff with this unique lot of people is that they can make such purchases because they can. and not just because they "want to". -
Cheerios!
Wishing everyone a Happy Chinese New Year!
Have a prosperous year ahead of you -
V Day not over yet
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Originally posted by nwm:
How many of the clean cut individuals are there who are so successful enough as to spend on liabilities do you know of? I know of many who think that they are successful, only to find themselves in deep shiit when their downlines die out one by one. In MLM you not only have to depend on the product, you have to depend on your downlines. It is not difficult for the whole line to be wiped out.
you know what you're saying doesn't make sense?
think of it. these people spend on liabilities... because they can afford to.
because they've fought off the hardships of skeptics like yourself & others, and successfully made their product sales and grew an awesome organisation 100s or 1000s big.
(let's just refer to the clean cut individuals who don't employ the dirty tactics to drive business.)
An mlm company can close shop anytime too. As long it's a business, all the rules that applies to a traditional business applies to the mlm business too.
look at the myriad of "employees" who live on credit and yet spend on liabilities. when a company downsizes or closes shop, what will happen to their monthly payments?? these material goods belonging to the "employee" will surely fly out their window faster than you can say "are you kidding??".
You mean to lie to them? Create a beautiful picture for them? Hide truths from them?
and the biggest diff with the ones who made it is that these unique lot of people do so because they can. and not because they "want to". -
Originally posted by TIB744U:
true assets - good question
Hey there everyone.
Seems that some people are so desperate to speak up for the MLM industry but never mind, I've no comments regarding all these. But really, nothing will convince me that MLM is godly.
Since everyone's so actively debating here. Let me lay a question here which I've pondered for quite some time. We all know that some successful people in the MLM industry own luxurious items like cars, motorbikes, condominiums, landed properties and whatevers that to them worth boasting off:
BUT tell me. How many of them are truly [b]assets to them and how many are liabilities waiting to be paid off? In me opinion, those who are truly rich wouldnt haver to bother about paying off your liabilities because what you have would be assets to you, isnt it?[/b]
now that you've highlighted the important question.
now let me start the ball rowing.
you said mlm (those successful people with assets for boasting off)
and the liabilites part.
how many of US normal citizens of fellow Singapore residents Don't HAVE any liabilities to pay off?
How many of us if not our parents are still PAYING OFF the house-loan for a period spread over 20yrs?
Car - How many of the cars we see on the roads are really owned by them?
Or are they just having this Asset Rich (on the surface) but CASH POOR in reality?
How many people can Afford to pay FULL CASH to the assets be it of appreciating (landed properties) /depreciating (cars) value assets?
This question - No one needs to answer.
Just think about it, answer we keep it to ourselves.
As for the people who are desperately trying to save MLM knowledge, i'm not sure if they even know what they are doing, but for me, i look at it fas business. Although i prefer MLM over Business (currently) is because lack of captial and resources to start my business empire.
however I towards more of Business Rather than MLM - as in Business is a sure win if a person knows how to avoid the pitfalls (some of the factors are written in the reply previously)
for the other people, i have no worries.
but if there's anyone interested in dicussing Business (not mlm), by all means, feel free to let me know. Who knows if in future we can work together or not.
I'm looking at the long term - not short term friendship (just like the recent newspaper in Straits Time whereby they said something of Singaporeans having this Myopic View or something similar. (correct my spelling or the name of the article if i'm wrong, since i haven't cut the article out yet) -
Originally posted by nwm:
Firstly, please call me Rachel. TIB744U is merely me nickname mah, isnt it?
hi tib
firstly nobody is trying to convince you to join their company here on sgforums.
you so choose to reply and debate on this topic because you feel strongly about some aspects of this industry.
and indeed its not godly thanks to the silly tactics employed by smart-alec locals who think they wanna make a fast buck employing the mlm strategy.
you know what you're saying doesn't make sense?
think of it. these people spend on liabilities... because they [b]can afford to.
because they've fought off the hardships of skeptics like yourself & others, and successfully made their product sales and grew an awesome consumer / customer / distributor organisation 100s or 1000s big.
(let's just refer to the clean cut individuals who don't employ the dirty tactics to drive business.)
look at the myriad of "employees" who live on credit and yet spend on liabilities.
when a company downsizes or closes shop, what will happen to their monthly payments??
these material goods belonging to the "employee" will surely fly out their window faster than you can say "are you kidding??".
as for the mlm-er it will depend on his business acumen to build his/her income with a company with solid infrastructure and corporate backing and a credible business support team.
(the best is to find one that will help him/her assist 90% of the network marketing population out there who only have part-time to spend on the "business" side of things to gain a secondary revenue stream, then surely one will be successful.)
and its not easy, it takes good hard research to find such a company.
but of course, one will come across all the cock & bull companies like all the Seeengkapooor set up ones.
and the biggest diff with this unique lot of people is that they can make such purchases because they can. and not just because they "want to".[/b]
Secondly, I believe some of what you've said here makes no sense either. Since when did I say that anyone's convincing me to join their companies here? Nobody have asked me too, and neither did I ask for it.
How are you so sure that those people spend on liabilities because they can afford to? Hello. How much can you earn from MLM if it's based merely on your downlines and commission? It's variable. Are you sure that you would be able to afford monthly instalments if of a sudden, one fine month you realise you've got lesser than enough to pay for it? Or out of a sudden, a large portion of your downlines suddenly left without trace?
Even if they are clean cut individuals, how clean cut are they? Wont they get blunt someday?
Everything in business applies to MLM as well. So if a MLM company closes shop (like what I've said, MLM are spoken as though they are godly by some people, for example assuming that they can last forever) of course those poor uplines and downlines in there would land themselves fast into debts, because they wont have enough money to pay for the monthly instalments and liabilities etc. Everywhere is the same.
It's as though MLM feels like heaven on earth, their uplines feel like some god, and their offices feel like some altars.
They can make such purchases doesnt mean they can. They may be tactics to give people a false impression that all MLM people can afford cars, condos, etc. Like Venture Era, they provide car incentives for their Car Achievers. But I look down on them because they still need their company to pay for their cars, etc. Are they dependent or independent?
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Originally posted by bangkokboy:
yoyoyo... i think you need to improve your comprehension.
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Originally posted by nwm:
(let's just refer to the clean cut individuals who don't employ the dirty tactics to drive business.)
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How many of the clean cut individuals are there who are so successful enough as to spend on liabilities do you know of? I know of many who think that they are successful, only to find themselves in deep shiit when their downlines die out one by one. In MLM you not only have to depend on the product, you have to depend on your downlines. It is not difficult for the whole line to be wiped out.
"clean cut ppl who don't employ dirty tactics". i.e. non-sinkapolean company.
the truly intelligent ones may not even bother to spend on liabilities.
have you heard of the millionaire who lives in toa payoh hdb and rents out his condo?
i think those people that you guys refer to here with the "BM-dub-Us" etc are products of flawed & exaggerated training practices of NTI/LFI/KNN/etc...
if one has no confidence in supporting his/her downline... its just plain stupidity in buying them liabilities.
stupid spenders exist inside & outside the industry! duh!!
i get what you're saying. hence my para about finding a company with solid fundamentals.
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look at the myriad of "employees" who live on credit and yet spend on liabilities. when a company downsizes or closes shop, what will happen to their monthly payments?? these material goods belonging to the "employee" will surely fly out their window faster than you can say "are you kidding??".
--------------------------------------------------------------------------------
An mlm company can close shop anytime too. As long it's a business, all the rules that applies to a traditional business applies to the mlm business too.
quote me, but quote correctly.
and W.L.E. ur basically off-point lah.
need to improve ur engrrish.
compre compre.
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and the biggest diff with the ones who made it is that these unique lot of people do so because they can. and not because they "want to".
--------------------------------------------------------------------------------
You mean to lie to them? Create a beautiful picture for them? Hide truths from them?
o level pass or fail?
a level GP pass or fail??
you are talking about the dirty-tactic local companies!
duh!! -
HI Everybody...
My internet has been down for some time. Jz pass by to take a look.
And I see there's quite a lot of MLM supporter out there.
For that let me ask the MLMer a few question...
Q1)Are you doing part time MLM or full time MLM?
Q2)Do you think for a business owner, if he run's his business on part time basis. Will the business be successful?
Q3)If you think its a NO for Q2, why so many people out there are doing MLM part time n dream for a passive income?
I happen to know many business man and MLMer who has more assets than liabilites. What they do is they accumulate and grow their wealth, by investing in property, shares and other business.
Not like average wages earner who, earn $1, spend $1.50.
One man sweet may be another man poison.
So stop the compare and complain.
Go out there and do something you love and leave no regrats. -
Originally posted by foody:
great post foody.
I happen to know many business man and MLMer who has more assets than liabilites. What they do is they accumulate and grow their wealth, by investing in property, shares and other business.
Not like average wages earner who, earn $1, spend $1.50.
One man sweet may be another man poison.
So stop the compare and complain.
Go out there and do something you love and leave no regrats.
a little confusing though... a little tweak of your english and your message will come across powerfully.
but still... we get the drift in BOLD above.
cheers all.
PS.
Ans to Q2 & Q3:
Yes.
Michael Dell started Dell Computers part-time in his garage.
Henry Ford started Ford Motor part-time in his garage.
R. Kiyosaki will explain PART-TIME businesses in VIDEO here:
http://www.youtube.com/watch?v=HC5eVbe6YrM&feature=PlayList&p=A53808A87E3DD7AA&index=1&playnext=1
Part-time / Full-time it's all up to you to employ practical & smart business strategies that works for YOU.
You may love your job... but it should not stop you from exploring secondary income ventures.
When secondary income overtakes primary income... one will have the power to decide which path to continue on. -
Originally posted by nwm:
I would agree with your post, altho i must disagree foody's reasoning requires just abit of tweaking
great post foody.
a little confusing though... a little tweak of your english and your message will come across powerfully.
but still... we get the drift [b]in BOLD above.
cheers all.
PS.
Ans to Q2 & Q3:
Yes.
Michael Dell started Dell Computers part-time in his garage.
Henry Ford started Ford Motor part-time in his garage.
R. Kiyosaki will explain PART-TIME businesses in VIDEO here:
http://www.youtube.com/watch?v=HC5eVbe6YrM&feature=PlayList&p=A53808A87E3DD7AA&index=1&playnext=1
Part-time / Full-time it's all up to you to employ practical & smart business strategies that works for YOU.
You may love your job... but it should not stop you from exploring secondary income ventures.
When secondary income overtakes primary income... one will have the power to decide which path to continue on.[/b]
too often, the MLMers, instead of exploiting the positive sides of MLM and explaining it truthfully, made disparaging remarks about average earners, and they forgot that the numbers of successful MLMers are not overwhelming enough to make a statement
more often than not, we see MLMers failed, and worse, have said the very same thing and failed, and fare worse than 'average income earners'
we can quote individual MLMers, but like I said, the stats are not in overwhelming support of MLMers and we should have rather explore the benefits, rather than simply put down people
i see these kind as having nothing positive to say and resort to putting others down to gain a step, which amounts to nothing fruitful -
another good question from you.Originally posted by TIB744U:Firstly, please call me Rachel. TIB744U is merely me nickname mah, isnt it?
Secondly, I believe some of what you've said here makes no sense either. Since when did I say that anyone's convincing me to join their companies here? Nobody have asked me too, and neither did I ask for it.
How are you so sure that those people spend on liabilities because they can afford to? Hello. How much can you earn from MLM if it's based merely on your downlines and commission? It's variable. Are you sure that you would be able to afford monthly instalments if of a sudden, one fine month you realise you've got lesser than enough to pay for it? Or out of a sudden, a large portion of your downlines suddenly left without trace?
Even if they are clean cut individuals, how clean cut are they? Wont they get blunt someday?
Everything in business applies to MLM as well. So if a MLM company closes shop (like what I've said, MLM are spoken as though they are godly by some people, for example assuming that they can last forever) of course those poor uplines and downlines in there would land themselves fast into debts, because they wont have enough money to pay for the monthly instalments and liabilities etc. Everywhere is the same.
It's as though MLM feels like heaven on earth, their uplines feel like some god, and their offices feel like some altars.
They can make such purchases doesnt mean they can. They may be tactics to give people a false impression that all MLM people can afford cars, condos, etc. Like Venture Era, they provide car incentives for their Car Achievers. But I look down on them because they still need their company to pay for their cars, etc. Are they dependent or independent?
i'll break it into 3 parts for you.
1 - financial education
2-Venture Era's car incentives and other companies (corporate)
3- dependent or independent
just for your information
Rachel, regarding the part of you saying the God (uplines) and the company (altar) is kind of a good one. This i have to agree, as it's what those un-ethical mlm agents does to keep their trade secrets.
However, regarding the debts issue, is covered briefly in Part I as per below.
Part I
in the past, present and future, we(applies to all people regardless of nation, religion, or races) have no control over the others on how and who they spend their money on.
many people just lack financial education, which is why Insuraces Agents AKA Financial Planners these days can earn a lot, but that only applies to the top 1% of the financial planners.
To be able to stay debt-free or be on a balanced debt and salary ratio, depends on how much the individual is willing to learn and change their spending habits, which is why even the govt knows this problem, but it's human nature to enjoy first than suffer later, thus that's the reason why CPF is a enforced issue to prepare for retirement, medical bills etc, even now can pay for health products and chronic medical bills.
Govt has aknowledge this problem and can do nothing about it since majority of the people can't be bothered with political affairs and have this 'Mind your own Businesss' attitude which is why they are closed up when it comes to money issue. It's my hard-earned money, you have no say on how i spend it, this the kind of pattern (even i sometimes do this) so it's beyond our control.
Only those who seek better financial education will do and correct their habits.
I'm seeking a better future, which is why i bother to look at all different perspective. (cause i want to upgrade myself; if there's anyone here who wants to upgrade or improve themselves, feel free to contact me, just to make friends and chat on general topics - it's better to stay with like minded people than to stay with negative people and end up being infulence into being negative)
Part II
Venture Era's car incentive is no doubt a interdependent car ownership scheme whereby they have to either maintain if not increase their sales volume to enable them to attain their maintainence/upkeep of their cars.
Once the Car Achievers leave the company, they will have to fend for their own car payments.
Venture Era uses this method to hold the car achievers bind them/ have a bonding with the Car Achievers to make sure they earn money.
(in true fact) they are just making use of one another.
(in a much better term) they have this win-win situation on both sides, thus everyone can be happy
now for the corporate business car ownership scheme.
For CEOs, CDF, Top Civil Servents, Private Corporation Bosses and Top Directors, there is this car ownership scheme as well.
But this is when the CAR is UNDER COMPANY's Property, once they leave or job-hop to another company, they will immediately lose the rights to use the CAR.
Even in govt departments- SAF - there's a car incentive for those above a certain rank as well. I think should be from 3 crabs and above, they will get a car from the govt, so as to save their FACE. (as in one who holds a high rank should be able to afford a car, and not to use public transport)
Part III
Even for Taxi Drivers, they are interdependent on each other. Same goes to Taxi Companies. They have to allow the taxi drivers to drive the taxis home if the driver is booking the taxi for whole day (usual practice is to share taxi among 2 drivers - one day shift, one nite shift respectively) so they can cut cost of renting a taxi. On average it's $90 (to taxi company) per half day shift for each taxi. [anyone can just go hop onto any taxi than chat with them, see what's their reply]
So the govt by allowing more taxis, they are able to collect more rent from (in the form of income tax from the taxi company).
So with more taxis, govt are able to earn more money. Due to every single taxi is their money tree - simply put it this way for easier understanding.
Taxi corporation is also a franchise business. This franchise business is interdependent on One Another. Cannot be unbalanced at all.
Rachel, did i miss out anything that you still have queries on?
I like to solve others' queries, it helps me in keeping my brain active in prime condition. Lol. -
Are there any other questions from anyone?
It seems that there's quite a few people who are relatively new in this Forum who seems to have many un-answered questions regarding MLM, and Scams.
Since this Thread already covers 3 subjects - Job, Business & MLM
Why Don't we Add 1 more Topic - Pyramid/Scams into this to make this thread to cover on all different categories -
you answer questions till hot already right. keke
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LoLOriginally posted by airgrinder:you answer questions till hot already right. keke
Since there's people who are WANTS to Learn, why not give them the Facts?
Since I was once in their shoes - wanting to learn but only to find out later that I was being tricked again in the past isn't a pleasant experience anyway.
Thus I like to help those who wants to help themselves.
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yes u are soo right =) too many ppl ( esp teenagers ) are ignorant to such issues.
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on a serious note this is one of the rare neutral threads on sgforums which (mostly) showcase logical exchanges.
lets take a breather from ranting & raving about local companies & their tactics and discuss things openly & systematically as educated locals should. -
yeah, can understandOriginally posted by nwm:on a serious note this is one of the rare neutral threads on sgforums which (mostly) showcase logical exchanges.
lets take a breather from ranting & raving about local companies & their tactics and discuss things openly & systematically as educated locals should.
i went into one of those threads just to ask some questions and got flamed for being 'a member of that company', although there were no basis or evidence in any way
jialatz -
haha if u wan not neutral 1 u go to the heard of enyouth post n see wad i am saying lor.. i ve lots of negative comments to say there if u wana hear..
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Originally posted by laurence82:
brokenluv, negative comments are fine as long as its provable & there's a good reason for doing so.
yeah, can understand
i went into one of those threads just to ask some questions and got flamed for being 'a member of that company', although there were no basis or evidence in any way
jialatz
e.g. EY's delaying tactics in providing your refund is just unacceptable & unprofessional when laws are already in place to govern clean mlm business operations in this "fine country".
otherwise, like in the world outside the mlm industry, its as good as defaming an individual for no reason whatsoever.
the individual (if he so chooses) might even be able to take you to court.
take for the case of PAP's political rivals... topics commoners don't pick up on sometimes are the basis of lawsuits which bring defendants to bankruptcy.
so what more if we make blatent offensive statements.
as long as we can justify what we say, its fine. otherwise, don't be so quick with the keyboard typing all the dog poo.
nevertheless, it is a known fact that the tactics highlighted across various threads are how locals like to promote their products/business which is quite sad & disappointing, really.
what's worse is they teach their new distributors to do the same.
i admit i do rant away some of the time, but as much as possible, i try to justify why my statements were made.
(which a lot of people dare not do so on sgforums. & not even privately on PM.)
laurence, your experience is simply due to the petty local nature.
insiders want to protect themselves and hear nothing of statements that are contrary to what they think of their company.
mlm outsiders simply are gleeful that this biz concept fails (though it truly works if done right) no matter how dirty one operates, or how professional one can be. -
That is correct.Originally posted by brokenluv:yes u are soo right =) too many ppl ( esp teenagers ) are ignorant to such issues.
If you all have being reading the newspapers recently, you should have read some articles on Scams, People being Burnt by Stocks (thanks to GREED) and other scams featured in the Newspapers.
When I have the time, hopefully tml, I'll sum up what i know based on what I read from the newspapers in the recent newspaper reports.
For the time being, let's keep it strictly to purely Discussions on
Job, Business, MLM, Pyramids and other Scams.
As for the tatics used by some mlm companies when it comes to Lying, Cheating People to earn Commission, we will put it aside for now.
Just for the Time Being.
Until majority of the people HERE understand why Pyramids & Scams still exsist in this Safe Singapore, and how to take decide if whatever you're (supposing someone comes up to anyone of us) and offer us a offer, we need to know how to determine if it's Scam/Pyramid.
So Now
Focus on Pyramid/Scams (Basic understanding of Pyramid/Scams)
After we come to a conclusion of what's Pyramid and Scam in layman terms, than we'll touch the topic of the unethical/liers/underground methods used by some of the mlm companies. (since I'm previously from one, and i was being tricked by them, I believe I should be able to tell you all the insights of the industry since I was once part of it.)
Disclaimer: Whatever I post in This Thread is purely to let everyone reading this thread to understand what's these and that etc. It's for Understanding Purpose. People with relervent experience and Knowledge are welcome to post as well, but those who really know what mistakes they made in the past and have at least made did some research are welcome to post Helpful information in this thread.
Reading all this post will only increase the basic understanding of how the industry as a Whole Works and how it's inter-connected.
It does not allow newbies to become educated people (turn Pro immediately as there are many aspects to take into consideration) in MLM industry just by reading this thread, so again, this thread is to allow majority of the readers to have a basic understanding of everything so that those Liars outside will have a tougher job trying to trick people into buying their ideas.
Of course, since this is targetted to Newbies for Basic Understanding, I'll post in very Lay-Man Terms for easier understanding of what Pyramid as a whole.
Note : To those who wants to have a understand, kindly read the post and thread replies before posting, this is to prevent any form of questions being asked over and over again. [As this is what I observed from most of the other threads in this MLM forum]