Act against MLM firms hiring students
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Jun 7, 2010 - ST Forum
Act against MLM firms hiring students
I READ with great interest Madam Isnani Norasiken Mohamed Ali's Forum Online letter ("Prevent MLM firms from recruiting students", last Friday).
I am a former student who had been approached by multi-level marketing (MLM) teams to join their companies.
After my O levels a few years ago, I received numerous calls from MLM companies asking me to go for interviews.
There was a company that dangled the position of "manager" as a bait to students. In another instance, I was told that I could earn "big bucks" that would allow me to buy luxury cars. This MLM company even showed those going for the "interview/briefing" a magazine that had sales staff standing beside luxury cars.
When I asked if I could have a chat with these "successful sales staff", I was told that they had left.
Is this a gimmick? I don't know.
At that time, I told myself that if the job was so profitable, why were there still people working in various industries for less than $1,000 a month, when students, some even younger than 18, could 'earn' salaries to buy luxury cars?
Many of my friends went into this field to give it a shot. A few months later, many did not make a profit. Some even lost money due to the "start-up package" they had to buy.
Until now, I wonder why the Ministry of Manpower does not step up its rules on such tactics to entice students. Shouldn't the authorities regulate how MLM firms recruit staff?
The authorities should make it clear that such tactics are not allowed to be used on youth, especially school-going students. Why has no action been taken?
Tan Shao Ken
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Jun 7, 2010 - ST Forum
Be sceptical of MLM firms' claims
I SHARE Madam Isnani Norasiken Mohamed Ali's concern ("Prevent MLM firms from recruiting students", last Friday).
When my cousin was a student, he joined a multi-level marketing (MLM) company and spent more than $2,000 of his savings to buy imported products. He was told by an MLM recruiter that quick profits could be made by recruiting his family members, relatives and friends to do the same.
A few years ago, I was invited by my cousin to a talk given by the MLM company. I was inundated with lots of data and diagrams to show that by working hard in the business, anyone could retire by the age of 35 or 40. The value of certificates, diplomas and degrees was undermined.
Later, I discovered that the company's chief executive was in his 50s and still working to convince the many present to join him to "succeed together" and become a millionaire. I was sceptical and did not join the company.
Now I feel sorry for my cousin, who is still a full-time student and has problems selling the products he bought years ago.
Students must always bear in mind that no matter how good a company claims to be, a good formal education is still a prerequisite to succeed in today's world.
Tay Xiong Sheng
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Hi all, by the way. Another 'MLM' company is starting up in bugis maybe in FORTUNE CENTER called PREMIERE PURE.
This is definitely true since I heard it for myself, and the PP is the reborn of VEG PTE LTD.
It was said that the president of VE(Simon Sim), couldn't accept the working styles among his fellow managements and have his own concept of managing the company. The board eventually did not agree upon each other, and some the managements decide to part ways and disband VEG, and has quit for the company, and now he is starting another company in Bugis.
Well, for all of this shit that is happening now, I am actually very happy that VEG is gone for sure this year, but question still arise within me because for all this years the President, he has fail to answer the public for so many misunderstandings that arises on the sources and people.
For what he claimed that he no longer will be in VEG due to certain disagreements with the managements, I strongly have a disbelief of what he says and what he is going to do next.
Is it just because that the reputation of VEG has stink and he plan to start anew for his empire? Or that he has other motive for his next move in making some big bucks.
Students who were approach to do survey in Bugis please take note.
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students are easy prey...
though with litlle $,
their aim is Quanlity... not Quality.
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Just dun trust MLM will do.
Those people are really good at psychology... good at influencing ....
The only way out is to shut your ears, and not be greedy. =) -
Not all students are easy prey .
many of them are smart
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Originally posted by Victtorio.kalter:
Hi all, by the way. Another 'MLM' company is starting up in bugis maybe in FORTUNE CENTER called PREMIERE PURE.
This is definitely true since I heard it for myself, and the PP is the reborn of VEG PTE LTD.
It was said that the president of VE(Simon Sim), couldn't accept the working styles among his fellow managements and have his own concept of managing the company. The board eventually did not agree upon each other, and some the managements decide to part ways and disband VEG, and has quit for the company, and now he is starting another company in Bugis.
Well, for all of this shit that is happening now, I am actually very happy that VEG is gone for sure this year, but question still arise within me because for all this years the President, he has fail to answer the public for so many misunderstandings that arises on the sources and people.
For what he claimed that he no longer will be in VEG due to certain disagreements with the managements, I strongly have a disbelief of what he says and what he is going to do next.
Is it just because that the reputation of VEG has stink and he plan to start anew for his empire? Or that he has other motive for his next move in making some big bucks.
Students who were approach to do survey in Bugis please take note.
Can arrange an appointment for me to go down to this "new" company at Bugis?
Any help is appreciated. Kindly PM me if appt can be arranged. Tks.
Btw, why address VE as VEG? Is the source of information trustworthy?
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Originally posted by Clivebenss:
Jun 7, 2010 - ST Forum
Act against MLM firms hiring students
I READ with great interest Madam Isnani Norasiken Mohamed Ali's Forum Online letter ("Prevent MLM firms from recruiting students", last Friday).
I am a former student who had been approached by multi-level marketing (MLM) teams to join their companies.
After my O levels a few years ago, I received numerous calls from MLM companies asking me to go for interviews.
There was a company that dangled the position of "manager" as a bait to students. In another instance, I was told that I could earn "big bucks" that would allow me to buy luxury cars. This MLM company even showed those going for the "interview/briefing" a magazine that had sales staff standing beside luxury cars.
When I asked if I could have a chat with these "successful sales staff", I was told that they had left.
Is this a gimmick? I don't know.
At that time, I told myself that if the job was so profitable, why were there still people working in various industries for less than $1,000 a month, when students, some even younger than 18, could 'earn' salaries to buy luxury cars?
Many of my friends went into this field to give it a shot. A few months later, many did not make a profit. Some even lost money due to the "start-up package" they had to buy.
Until now, I wonder why the Ministry of Manpower does not step up its rules on such tactics to entice students. Shouldn't the authorities regulate how MLM firms recruit staff?
The authorities should make it clear that such tactics are not allowed to be used on youth, especially school-going students. Why has no action been taken?
Tan Shao Ken
As for companies hiring underage students..
you may not know the system in different companies..
some act as referrals thus they didn't sign up anything with the company yet get paid for future sales in the event if their referred client buys a package thus the client is than helping the student opening a account instead of the student buying a package..
in such cases, this is attractive to students as they don't need to fork out anything.
there are tons of different strategies for marketing, depending on what you are exposed to only..
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