Recently,like Airswimming,one of my friends also suddenly phoned me up which i never get in contact for ages.He brought me to this company called CosLab at 74 Tras Street and he really explained to me in details about the investment plan which sort of need $5000 dollars and he guaranteed that I will be able to get $200 per month.I am seriously quite interested in it,but it is really my very first time to get to know Network Marketing or Multi-level Marketing so i really hope some kind hearted people can give me some really good advices.
Ask them, wher do they put their money in.
If they say "very hard to explain", probe and probe until they break. You must get to the bottom of this. If they say "private company", you then say, as an investor you have all right to know where they put the money into.
Oh ok,thanks.but I did ask some investors which they seem to only get $70 for the last month,so I am quite confused.I am a promoter for since when i am in Secondary 4,so with my 2-3 years of promoting skills,I think maybe this might suit me.You're seem to know alot about MLM =)
Originally posted by blackGratitude:Oh ok,thanks.but I did ask some investors which they seem to only get $70 for the last month,so I am quite confused.I am a promoter for since when i am in Secondary 4,so with my 2-3 years of promoting skills,I think maybe this might suit me.You're seem to know alot about MLM =)
One, you don't have a basic pay. All by commission. Basic logic says a guaranteed stable monthly income is better than commission based.
Two, commission only single digit percentage. Varies from company to company. Your upline is gonna take the great majority of your sales. Try getting your MLM friends to go on strike for a week, or say 2 weeks. See how the uplines react
Three. Income, who did you hear from? Okay nevermind that. Ask them where do they get their income from, how much. What are the chances of success. Do they preach having 5 digit income? Ask them for Balance Sheet, Financial Report, Profit & Loss statements. LOL. It's like saying... I see some artists sell their paintings for 50M USD, so I buy easels, canvasses and paints, and hope to have their kind of sales. Success? High monetary income? It's extreme materialism to link high earnings with success.
Promoting? I suggest you approach promoting agencies, rather than MLM. At least you have a small basic pay. MLM? They may teach u to trick people down. At least that's what is going on at Enyouth and Venture Era. :)
Ever wonder why your friend sound so desperate, so pushing? Because they would gain a cut from your sales if u were to join them as part of the network. Some companies offer rewards for introducing new ppl into the company.
If they preach success, 5 digit earnings, and people seem to worship the uplines, the company is very fishy. Like some cult. See Venture Era, Enyouth or Sunshine Empire
CosLab? Sound familiar.. I think I saw it on a taxi's advertisment before.
?? isnt coslab a beauty salon? how come in MLM sector? lol
lol i saw coslab @ quite a few places. I received some flyers from them too. I think they'rw better of as just beauty salons. i think they're doing pretty good in terms of their beauty salon. But MLM sector for that i really wonder. Wait, is it MLM or investment? It's all so confusing.