something u guys might want to know more about the LFI
-
hey guys, take a look at this before u kena join into the LFI company and thinking it can easily make money in a short period of time
from another forum - their real personal encounter , it is the truth
First guy encounter
Here is my situation in LFI. I was told by my good friend that he has a good business plan. I ask him wad plan is it..he told me don't ask. Good down and have a look. He den ask me whether u wanna go old trafford, stamforf bridge in 2 years time. When i reach there, i know it is something like venture ERA but then again i trust my good friend and give him face. He introduce a senior to me and he wanna show me the place. Ok, fine, i went in, listen to his crap and finally we went to a seat and continue to listen the products.
After listening, i am not interested, he ask me y?? Then i said i just don"t like it..Then he keep showing me their product is legal blah blah blah..no fake product, a lot of celebrities andorse. But look, i am not saying your product illegal, i am juz not interested.. Then no matter wad, he die die keep using papers to ask me wad are ur worries about, and then eliminate those worries. Ok, next i say ket me consider, he den say u c ur worries is not a problem at all, no need to consider juz go sign this thing, i promised u will earn back ur $$. Ok, i den say i dun hav $$.
Then here comes the crucial part. He say he gt a plan..he want me to sign a iphone from starhub. Sell the iphone and use the $$ topay the products. However, the plan is $82 but he say dun worry, i promised u will earn back the $82 at least. So, i was blur blur at tat time, thinking it was a good deal and i went to MS to sign the plan and sold it immediately to the starhub ppl at MS.
However, upon reflection when i am at home, i felt i was damn stupid to give in to him although i was dead set that i will not sign anything when i left my home. So the next day, i told the senior i wanna quit can get refund. He say no probs. Ok, i met him there and i say i wanna to do my refund as soon as possible. Then he gave all sort of reason to say that his mentor is busy, Y not sit down and wait. During the waiting time, he kept trying to convinced me indirectly not to quit. Dilly dally for ard 90min until my mother call my hp and we have a quarrelled over the phone. I think he was afraid so after i end my conversation wif my mother, the straight away say we can proceed to the counter to do refund.
Howver, eventhough i get my 100% refund, i have lost over 400 plus by quiting. The iphone plan need to use 3mths b4 can terminate..Plus my termination fee $1177.. my refund is oni $1000.. SO pls dun tell me LFI is DAMN GOOD.
Although it is legal in some way..the majority of LFI agent are being taught this way to recruit ppl. I just do not like the way this agent conduct their business. Sure, they really earn $$, but the way they earn their $$ is not ethnical at all.
Recently, i have another friend tell me gt lobang. He tell me go down to the company.
I ask him, wad company is it...again he say dun ask.. I ask until i say whether it is LFI den he finally say it is..i damn du lan, i say f*** offSecond guy encounter
So same thing happened to me too. Got invited by a friend to check out a business. He was mum about what it was all about, telling me that it was about "running a diamond shop and wellness sanctuary" and I thought he actually owned the business until I went to their office and realized what it was all about.
I didn't know what MLM was at that time and I told them I was not interested because I felt that it's not something I'd do and I wanted to go online and do my own research on the products and company first before going into it. He also told me that I had to invest 4.3k in a stock of healthcare products first which is ludicrous for an NSF like me.
But the biggest turn off for me was their whole corporate philosophy of money. Everything they thought of was to make money. They kept emphasizing the type of cars their "successful" people drive, 22 year olds making 5 figure sums a month, etc etc. Even though they were selling health products, they were never concerned about the health of others but only using it as a means to make money.
Sure, it'll be a great way to spend time (making money on the sideline) and learn about business and stuff but after looking through all the criticisms of MLM (within the context of Singapore anyway), it seems like this whole marketing model is spurious. Or so I'm inclined to believe anyway.
Thankfully I did my research first and realized that it's not as impressive as my friend claims it to be. I really feel sorry for my friend who's already in it.3rd guy encounter
Hey, Can all you guys help prevent people from getting cheated by this thing...
Mostly are the young ones.. why LFI really brainwash people.. i went there at aljunid, wen to the company place.. wow alot of people were at there... i heard the so called advisers talk to me bout the company products.. then cam to the last part.. which i believe is such a stupid thing.. u guys noe theres the membership fee ryte which is $10/- then the another fee which im not clearify the name.. i must pay $800/- for that.. i was like wat?? then i ask.. wat if i dun have that such amount of money... then the advisor say this to me... i have to open a line of iphone.. then give the iphone to them... to cover the $800/- fee.. OMG.. is this serious?? you guys think.. if a person can give the iphone which cost ard $900/- then wat about 100 people been scam by this.. is this how they earn money?? guys help out.. should we notify to the police bout this?? can i? -
oh lucky you. about 5 five years ago, my friend called me and another friend to go listen to a "talk", i agreed but couldn't make it at the last minute coz of work. so my friends went, and the two of them got brainwashed into giving $60 for a bar of soap to "try", and told to come back and sell this stuff if it "works"!!
($60 was a lot back then coz we just graduated)
my friend called me two days later and told me he realized its a fucking mlm and i told him "huh you didnt know?"
we met recently and were talking abt old times and reminiscing when he told me how he wished i was there right then so he wouldnt have gotten scammed.
all i can say is, well, the bloody soap had no effect in the end, after being tested by all the people in the family.
dun ever fall for mlm, they use the "foot in the door"
-
How come your frens are all in such companies?
I've heard that people who work in these places usually have no frens...all scared off liao
BTW....I think every1 here knows about how lousy MLMs are...but thanks for trying to warn us anyway
-
these are not my friends... these are people who personnel encounter and wrote the forum
-
Originally posted by maxsony:
these are not my friends… these are people who personnel encounter and wrote the forum
orh ok -
as always, i hate mlm
undeniably, some of their products are good but I'd prefer to be the customer than to be the person who is selling the products
-
Anyway, extract from reliable source :(http://news.asiaone.com/News/Mailbox/Story/A1Story20100312-204129.html )
Apologise for wall of text.
Body enforces stringent MLM code
Fri, Mar 12, 2010
my paper
As far back as 1977, DSAS started working closely with the Consumers Association of Singapore (Case) to remove all forms of malpractice in the direct-selling industry, such as high-pressure sales tactics and false promises.
The public can be assured that their interests are protected if they join a DSAS member. DSAS member companies have to uphold a stringent Code of Ethics, including allowing new customers a seven-day cooling-off period to cancel their contract without penalty.
This is two days more than the industry standard.
Member companies of DSAS are not allowed to put undue pressure on their distributors or get them to have more inventory than they can sell. The public can report companies suspected of flouting this rule to Case and DSAS.The public can be assured that their interests are protected if they join a DSAS member.
DSAS member companies have to uphold a stringent Code of Ethics, including allowing new customers a seven-day cooling-off period to cancel their contract without penalty.
Member companies of DSAS are not allowed to put undue pressure on their distributors or get them to have more inventory than they can sell.
The public can report companies suspected of flouting this rule to Case and DSAS.
DSAS is also in collaboration with another market regulator, the Commercial Affairs Department( CAD of SPF ).
DSAS appeals to the public and to those aspiring to become self-made MLM entrepreneurs to transact only with DSAS member companies, to ensure that only best business and ethical practices are carried out.
For more information on DSAS, please visit www.dsas.org.sg
MR LEO BOON WANG
CHAIRMAN
DIRECT SELLING ASSOCIATION
OF SINGAPORE -
Anyway, extract from reliable source :(http://news.asiaone.com/News/Mailbox/Story/A1Story20100312-204129.html )
Apologise for wall of text.
Body enforces stringent MLM code
Fri, Mar 12, 2010
my paper
As far back as 1977, DSAS started working closely with the Consumers Association of Singapore (Case) to remove all forms of malpractice in the direct-selling industry, such as high-pressure sales tactics and false promises.
The public can be assured that their interests are protected if they join a DSAS member. DSAS member companies have to uphold a stringent Code of Ethics, including allowing new customers a seven-day cooling-off period to cancel their contract without penalty.
This is two days more than the industry standard.
Member companies of DSAS are not allowed to put undue pressure on their distributors or get them to have more inventory than they can sell. The public can report companies suspected of flouting this rule to Case and DSAS.The public can be assured that their interests are protected if they join a DSAS member.
DSAS member companies have to uphold a stringent Code of Ethics, including allowing new customers a seven-day cooling-off period to cancel their contract without penalty.
Member companies of DSAS are not allowed to put undue pressure on their distributors or get them to have more inventory than they can sell.
The public can report companies suspected of flouting this rule to Case and DSAS.
DSAS is also in collaboration with another market regulator, the Commercial Affairs Department( CAD of SPF ).
DSAS appeals to the public and to those aspiring to become self-made MLM entrepreneurs to transact only with DSAS member companies, to ensure that only best business and ethical practices are carried out.
For more information on DSAS, please visit www.dsas.org.sg
MR LEO BOON WANG
CHAIRMAN
DIRECT SELLING ASSOCIATION
OF SINGAPORE -
im from enyouth. not like some random company ppl come visit my company dun dare tell which company they from. whatever marketing also ok la. but join immediately must pay so much money. totally unethical. so what if u can earn back? its still not right. more like sunshine alrdy. whoever wan bomb me go ahead.
-
Originally posted by Alhazi:
im from enyouth. not like some random company ppl come visit my company dun dare tell which company they from. whatever marketing also ok la. but join immediately must pay so much money. totally unethical. so what if u can earn back? its still not right. more like sunshine alrdy. whoever wan bomb me go ahead.
so your objective of posting in this LFI related thread is?
to tee-down other companies and bring up your own company?
you have no business to be here even..if you want to advertise your own company, start a new thread and see the response la..
another un-trained distributor.. plus work on your english if you want to be understood.
-
lol if ur company that good no matter what i say u also can talk back with more reason. but sadly u cant. forum use good english sia. u all not even some vip and write in some lame forum nia need spend how much time putting caps and non broken english. dun be like some ppl dun dare say out own company. in the end say other ppl advertise own company
-
Originally posted by Alhazi:
lol if ur company that good no matter what i say u also can talk back with more reason. but sadly u cant. forum use good english sia. u all not even some vip and write in some lame forum nia need spend how much time putting caps and non broken english. dun be like some ppl dun dare say out own company. in the end say other ppl advertise own company
looks like you need to work on your english..and don't even know how to reply to my question on your objective of posting in a thread not related to you in anyway..
composition and comprehension aspect..learn to understand what the topic is about before you comment..this is about topic A while your thread reply is about topic X which is not related in anyway..
the other thing is, if you say this is a lame forum, than doesn't it makes you even lamer to post and be a forum user in this 'lame forum' which you said it yourself..
lol..speaking about who's lame..lol..
-
yes.. much agreed with you (the_fallen.).... can't they understand the proper english? and to the rest, i believe the objective to this thread is to share more about the company and of course not to tarnish the reputation.. be it VE,Nyouth,LFI,Amway etc etc. I believe all MLM companies are like an organisation... do we say things like Starhub's line cheats people?? or Singtel came out with so many promotions and just to earn our money... the difference is only, in NM, the system is done in a different manner using networking and direct selling (NOT Pyramaid).
BUT, sadly, the majority are still skeptics.. missing out on the opportunity. thinking that it is earning off their friends/relative money.. then if you were to set up a shop, the group of ppl who will come are ur friends, and u tell them its for free, cos u scared that u earning their money... sigh.
-
Originally posted by gtyp:
yes.. much agreed with you (the_fallen.).... can't they understand the proper english? and to the rest, i believe the objective to this thread is to share more about the company and of course not to tarnish the reputation.. be it VE,Nyouth,LFI,Amway etc etc. I believe all MLM companies are like an organisation... do we say things like Starhub's line cheats people?? or Singtel came out with so many promotions and just to earn our money... the difference is only, in NM, the system is done in a different manner using networking and direct selling (NOT Pyramaid).
BUT, sadly, the majority are still skeptics.. missing out on the opportunity. thinking that it is earning off their friends/relative money.. then if you were to set up a shop, the group of ppl who will come are ur friends, and u tell them its for free, cos u scared that u earning their money... sigh.
hmm..
thanks for agreeing with my post..but you too may not have realised that your post as quoted has got nothing about the company/ the thread topic too..
so if you want to share your knowledge and clear any mis-conceptions of mlm which i read from your post and that's your agenda; start a new thread of your own..
you don't need to ride onto the bandwagon and showcase your wisdom in a place where the focus is on the thread subject and not you or whatever you're trying to share..
-
haha yes yes I will thanks for the reminder (: .. just reminding them'
cheers!
-
LFI have the greatest opportunity in the world...
majority of ppl misunderstood it!!
minority of ppl understand it!!
only a few will succeed!!
I BELIEVE IN KARMA...=D
-
i would like to thank the people in this forum for making me prejudiced against MLM. i was invited by a friend to meet her at Aljunied to see if i was interested in a business deal.
just plan out and others will execute the deal for you. she mentioned a work group of sorts.
thankfully i declined her offer.
saw many people loitering outside and of course there was the fancy car parked across the road.
-
i hate mlm... all business need capital and capital means above 20 000. Those that require less than my aforementioned capital most probably wouldn't make it big in this era
-
Dont need to read those these cool story to realise mlm is fail
-
-
scam
a legal scam
-
by definition, or at least common sense . . .NO SCAM IS LEGAL . . .get real!!!!