yee_boys69
Well-known member
sorry for the retarded grammer....typed on the phone.
You must be ****ing kidding me. MLM is totally different then any real company. I don't have to worry how many people I bring in to make money, and I don't have to worry how many people are below me, that's how MLM works. They are the biggest losing investment ever, and anyone that joins them should have their head checked. I know someone close to me that had many MLM companies, some had amazing products, but he was honest with me and told me not to get in any MLm they are true scams, and he was also referring to his own companies. I saw people dropping of cheques to him on a daily basis, yet none of those people ever made their money back. You sound like someone that is in a MLM, and losing time and money. To the OP stay away from all MLM's.You all sound like a bunch of misinformed people who heard of someone who knew soeone who got soaked for their life savings in a "gold buying MLM,LOL
Every successful company on the planet is pyramidal in structure. The government is. Every corporation is. The military is......And every single day that Joe Average goes to work...guess what? His boss makes money off of his labours. That's right.
Difference is that most MLM's give you the opportunity to work it to your advantage by helping others accomplish what you have, and if you don't, well guess what? You won't have any success either.
People work all day every day making their bosses rich......If you were involved in any MLM, and gave it as much effort and heart that you give your boss every day, you would be a millionaire much sooner than doing what you are doing now. Almost every MLM out there can and will work. In fact, Amway, and it's business model have made more millionaires thatn any other single business in history-period.
The only way to make an ML work, though, is tons of hard work and committment. If you think you will get rich quick, you're dreaming. I have heard people complaining that the only way they can make it rich at this MLM or that MLM is to do it every night, all night, after work, every day for yrs.....My response is " you're right.....or you can keep doing what you're doing and expecting a different outcome, which is a surefire lesson in futility".
My son works for a kinda MLM and earns minimum $1500 a week. His average cheque is $2500, his best is $3100 so far. He's a team leader and he's always looking for hard working people to join him.
the reason i brougjt this up was part of the reason i signed up. the tax write offs. running one of these businesses can provide you with a lot of write offs that will most likely save you more money than youinvested.
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maths do not compute
The write off suggestions I heard about at one session was the turn off. A lot of the speakers were American and they have different tax laws. You can't just go out and buy yachts, villas and cottages and write them off.
you get a bonus when you sign people up.
To write off stuff you'll generally need to generate income... good luck with that in the MLM.
Actually, any MLM that pays "headhunting" fees (bonuses for signing up newbs) is illegal.
There are a number of things that make a proper MLM legal. First and foremost, there must be a product flow up and down the sponsorship. If it's one of the MLM's where you pay to get in and collect bonuses for finding new recruits, but there isn't any product flow, you can expect to go to jail soon.
i know you cant write off things like that. but just the small things like some gas every once in awhile for going to "business meetings" internet, part of phone and rent for home office. etc... all those little thins add up.
Create any company you want for that game, you don't need to lose money with MLM to get write-offs. i.e. Photography company, gets hired a few times a year and write-off computers, cameras and all of the other stuff you list. Just make sure you don't lose money year after year.