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Post by vinsanity on Jul 17, 2007 21:12:24 GMT -5
The pyramid schemes worked because basically you paid money into the scheme in order to buy the right to recruit your own payers, and they would recruit their own, etc., but eventually it would collapse, as the base of the pyramid would get too big--not enough new recruits available or willing to buy in and pass money on up the chain (if it had not been shut down by the police by then), and only those high up in the chain (there early on) actually made out good with it--the rest of the people mostly didn't even get their money back. MLM requires a lot of sweat equity--and draws heavily on personal friendship and contact lists--in order to generate clients and sub-distributors (who have to draw on their friends and contacts, etc. etc.), and so it is difficult to keep it going too. Think Tupperware parties on a regular basis as the income source. Oh, and if the person doing the MLM takes the pay in products or in product discounts, then there might not be any income anyway, or even a net outgo! This can be very true... which is why I said that generally these types of companies are not worth getting inlved with. Think AMWAY - it is very much like that. |
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a Silly Person
New Member
Always remember that you're unique. Just like everyone else.
Posts: 1,370
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Post by a Silly Person on Jul 18, 2007 0:42:09 GMT -5
The companies that sell the product lines for these Multi-Level-Marketing businesses always seem to make their money. Amway's Multi-Level-Marketing began as a little of both selling the product and procuring a "down-line" of people under yourself, who in-turn were trying to do the same thing you were. What happened in most cases, from what I have seen and experienced with certain relatives, is that Amway sales people usually become their own best customer. The reason that the Amway M-L-M endured beyond the other M-L-Ms is because it had really good products to offer. "L-O-C" was one one of their biggest selling soap products. (starting to feel really old now)  |
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Death's Shadow
LPmember
I have become Death. The destroyer of worlds.
Posts: 3,184 
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Post by Death's Shadow on Jul 18, 2007 11:05:02 GMT -5
Dont feel too bad Silly... I remember Amway, my parents gave it a try when I was a teenager.
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RedRock
LPmember
Never ask what kind of computer a person uses--if it's a Mac, he'll say; if not, why embarrass him?
Posts: 4,972
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Post by RedRock on Jul 18, 2007 14:01:31 GMT -5
Anyway, Rookie, one home-based business that is legit is customer satisfaction followups. Car dealerships that offers service, for example, like to have someone call the car owners after the service and ask how it was and offer to get resolution of problems, and this can be done from home with only a phone and a list of customer names and phone numbers; transfer of info via the internet is really easy, and it is even possible to do the calling via VOIP telephony programs. How to get such a situation, though, is not known to me. I guess you start calling the dealers and asking if they do that or need someone or would like to do that. It's just an idea for you.
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