So I joined a MLM company....

sorry for the retarded grammer....typed on the phone.
 
I had a company called Primerica try to recruit me. I researched it, realized what I was getting myself into, and bailed. But I know of people that are very successful at it.

For easy money, I just turned to planting stuff in corn fields. This years crop is looking really good but even this hobby has its problems.
 
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".
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.
 
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.

maths do not compute
 
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.

.

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.
 
maths do not compute

you get a bonus when you sign people up. thats prob what he means. thats why some weeks he makes more
 
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.

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.
 
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.
 
Went to a Primerica meeting once without realizing the premise, bailed the second I could without being rude. Funny thing is I saw the branch vice president, or whatever his title was that gave the presentation, driving a clapped out VW Golf before the meeting. Guess he wasn't making the money he was promising.

I know two people that are into MLM's (or business marketing as the dumber one likes to call it), neither one is getting a proper return on the time and energy they are putting into it.
 
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're right, but there are organizations that have no physical product, but offer business connections and seminars, or along those lines. My sister used to be in the Sum-It Club years ago. Went to a meeting with her once, felt very dirrrty afterwards. Not quite sure how those organizations stay above the legal line
 
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.
 
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.

If you get audited be prepared to show how the toys are only being used for business. Try a motorcycle safety course and write off all your bike expenses and only teach one $250 newbie. Some inactive companies run close to money launderers.
 
buddy was a "distributor" for Nuskin. Cool looking company with cool looking vitamins. Their "angle" was "nanotechnology" in the vitamins for maximum absorbtion. They also sold a pill that contained some rare mushroom extract.

Buddy got in it because his girlfriend got him into it. Girlfriend got into it because he best friend got into it...

They even had this machine with fancy blue lights that took your reading before you took the pills and then a few weeks after you had started taking the pills. Because your number would always go up after taking the pills, it was automatically assumed that you were healthier (more cartenoids in your blood stream).

My buddy is 22, and starting taking all these pills to "preserve his youthfullness". Pretty much he told me he wouldn't get old if he took these pills...

He took 22 pills a day for months, and said he felt great, performed better etc. Cost him $300 a month in pills himself.

anyways, fast forward a few months. the "team leaders" got my buddy to give them all his friends and families phone numbers. These leaders then bombarded everyone he knew with calls etc about the product etc.

No one made any money... Because they supposedly "didnt work hard enough".

its easy to get into an MLM when some guy says "I make a million dollars a year and im only 30 yrs old"

But when it comes down to it, most people will have to steal, lie, and pretty much kill to make those kind of figures...

It ruined friendships and turned my buddy into a drone.
Also had an uncle that this happened to with amway. A divorce is all that came from that...


When you do well, you do well. But if you aren't one of the "hard workers that are willing to pretty much do anything to make a buck", then MLM most likely isn't for you.

Work is work, you just might have to work as hard as a lawyer or doctor to make that six figures. But without an education in sales etc. it is going to take a lot to gain those types of skills.

My buddy even told me once that "these pills cure cancer, but its technically illegal to me to say that"

Thats what really got to me...

my 2 cents when MLMers go bad they REALLY REALLY GO BAD
 
shouldnt involve family or friends in any business for the most part.
 

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