MLM companies and making money.

Hi,

Yesterday I attended a presentation about a well known MLM company.

Really, it's amazing how well they sell that stuff. I knew that it wasn't the sort of thing that I'd want to do, due to having to be a pushy salesman to make any money from it, if indeed you did make any money from it.

They're so good at convincing you that the choice is simple, a no brainer really, and that you have nothing to lose to join up.

It's only when you think about it, and this about how they make their money that you realise how wrong it all really is. They have some products that they sell to you, and they also have some education systems that they also sell to you. This is where the real money is made for those that started the business. They get the money from the educational materials, whilst making you believe that you will get your friends to do the work, and you will get the rewards, for doing very little really.

They mention the very things that are such hot topics for so many people. How to make money whilst still keeping your job, and with it costing you only something around the price of a pair of shoes (whose shoes?!!) Then there's that whole idea of introducing other people, and them earning you some benefit or other.

It sounds to good to be true doesn't it? Then it probably is.

I asked questions about where the money is made, which was met with answer avoidance tactics. I asked about how much money you save by buying products, and was met with the same tactic. A product has to be good to sell, if these products are so good, why does nobody want to share those great features with you, and instead sell it on a promise and hot air?!

The things that I don't like is that this sort of a process prays on the gullible, or those who most want to get out of debt.

As with anything you need to look at the total cost of doing this thing. It costs to join, and set up a business, it costs for the educational materials, it costs to attend the various gatherings. But how much does it cost, and can you reasonably expect to make more money than you spend? Will this revolutionary idea that seems to have been around forever be any different from just starting a business, if you start the right business?

I'm personally all for the idea of having many people involved in a successful business. Many different views added together can make for a great dynamic. Ideas can bounce around, and the business is much more likely to be rounded, and multi-skilled. However, if those multiple heads involved in your business as their only to make money out of you, and ultimately take the money you earn from you, that seems to completely negate any benefit that might have originally been seen.

The top and bottom of it is, you never get a free lunch, if it seems to be too good to be true, then it probably is. I decided not to go any further with the process once I figured out how it all works.