You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
If you have any problems with the registration process or your account login, please contact contact us.
Vancouver Off-Topic / Current EventsThe off-topic forum for Vancouver, funnies, non-auto centered discussions, WORK SAFE. While the rules are more relaxed here, there are still rules. Please refer to sticky thread in this forum.
I have always been told you work hard and smart you can get ahead, Is there get rich gimmicks yes but you have to be in first and out before the police show up.
Best to find what you love and go to work for yourself IMO .
My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Dec 2003
Location: vancouver, B.C.
Posts: 1,843
Thanked 563 Times in 229 Posts
Failed 63 Times in 31 Posts
Consumers' Research Magazine. Jun99, Vol. 82 Issue 6, p12.
By: John Walsh
Quote:
Multi-level marketing--also called network marketing or the shorthand MLM--takes an almost evangelistic approach to selling. It's been around for a long time. But, for most of the past 50 years, it's been frowned upon as a sleazy way to do business. This reputation is due, in part, to how much MLM resembles a Ponzi scheme.
In the 1970s, the frowning started to fade. MLM began gaining credibility in mainstream business circles. From a corporate perspective, the strength of MLM is that it shortcuts the traditional retail distribution mechanism with all of its attendant support costs--marketing, sales, inventory, and distribution.
Several interlocking trends have contributed to the growth of MLM, including technology advances, economic changes, job insecurity, and the twin desires for financial security and control of one's destiny. (Frankly, some of these trends have also encouraged Ponzi schemes.)
There's no doubt that technology has made MLM more appealing to potential recruits who would otherwise be reluctant to handle the chores of sales, recruiting, inventory, deliveries, and record keeping. In the age of Windows, these things can be managed in 10 minutes a week, using any of numerous $99 software packages.
But the economic motives are more powerful. "We're seeing a much more highly educated group of people coming in," says Neil Often, president of the Direct Selling Association, an MLM lobbying group. "We're seeing a lot of middle-management executives who've been laid off because of corporate downsizing. The American reality of 'you work hard, play by the rules, and your talent will get you to the top' is not true any more in the corporate world."
As experienced managers are downsized or forced to take early retirement, they take with them tidy retirement packages. They also have expanded networks of business acquaintances and friends...and the entrepreneurial determination never to be downsized again.
A caveat: According to the Direct Selling Association, 90% of MLM distributors earn less than $5,000 a year. Another--bigger--caveat: MLM is a ripe hunting ground for Ponzi perps. The lines of demarcation between legitimate MLM and illegitimate pyramid schemes have always been...and remain...fuzzy.
MLM companies sell products into the distributor system at a discount deep enough to make the products or services inexpensive, compared to competing products. But this usually leaves enough margin to fund the commissions and bonuses that drive the system.
The company will also fund the commissions and bonuses by charging new distributors a nominal amount--usually less than $500--as a franchise fee for joining.
Not only does the MLM distributor receive accumulated commission on the sales made from his or her recruits, but also from the commission on the sales made by each recruit's recruits--and on down the line.
But the fat-check math that drives most MLM schemes is often calculated selectively to make the strongest impression. Consider another, disinterested, calculation: If one person recruits six distributors, each of whom recruits six others, the total number of people in the program is 43 by the third level. It's 9,331 by the fifth. And more than 10 million by the ninth.
That's the exploding hunger of geometric progression. It's the same thing that makes all Ponzi schemes eventually fail.
To overcome the hard numbers, most MLM programs appeal to recruits' hearts rather than their brains. Informational and motivational meetings are one of the most common methods for introducing potential recruits to an MLM program. This is where the evangelism comes into play. The meetings use many of the same motivation devices that religious revival meetings use.
Meetings often include songs and testimonials, stressing dedication to the business. Some companies go further, encouraging their distributors to follow an approved way of life.
"Every illegal pyramid is an MLM company," says Robert Ward, a Michigan assistant attorney general. "But not every MLM is an illegal pyramid." Ward says that, in his state, the average multi-level marketer remains in business just 18 to 24 months. This observation is generally true. The turnover rate in MLM sales is high; in most programs, as many people drop out as join up in a given year. Which means, eventually, the MLM is going to run out of distributors.
In the end, the difference between legit and bogus schemes is simple: an illegal pyramid focuses on recruitment of new members to make money; a legitimate MLM program focuses on selling product.
__________________
Cars:
02' Lexus IS300 5spd
07' BMW 323iA
05' BMW Z4 5spd
06' BMW 330i 6spd
10' Audi A4 quattro
08' BMW M3 6spd
15' Kawasaki Ninja300
08' Yamaha R6
10' Honda Ridgeline
17' Audi Q5
16' BMW X5D
has anyone been recruited to join "Nu Skin"? Its also a pyramid scheme where they get ppl to buy their beauty products etc. A guy I know who I am not close with posted a picture of a cheque he got from them for $6000 rescently. I am just waiting for the day that he gets f*cked over
He also tried to recruit me into and I just ignored his message
has anyone been recruited to join "Nu Skin"? Its also a pyramid scheme where they get ppl to buy their beauty products etc. A guy I know who I am not close with posted a picture of a cheque he got from them for $6000 rescently. I am just waiting for the day that he gets f*cked over
He also tried to recruit me into and I just ignored his message
Hes not going to get "fucked over" lol. The worse that can happen is he doesn't make as much as much money, or none at all.
...or he's got $12k worth of inventory in his garage that he can't move, and worse, put that order on mastercard.
That is getting fucked over.
Happens all the time, when the dream overtakes the reality. You have 50 people at these meetings telling you, "you can do it, champ!" Or, "you aren't successful because you aren't devoting enough time/money/effort into it" OR, the best one..."here, you need to listen to this tape...its $49.95...we'll add it to your order"
I hate to tell you guys but looks can be deceiving. It happens to more than just these people. You can have a pretty house...5% down man. Mercedes in the driveway? Sure. You lease that shit. Hell, you can rent a fucking tv for the living room. You can have all the toys in the world, and not have $5 to put gas in.
People get sucked in...super fucking easy.
So you go to these meetings, and people drive up in the brand new got-to-have bimmer, and you look and go 'wow'...yippee doo. I got dragged to a meeting, and the guy running it was a douche. My friend is doing well enough with it...'cause he's a douche. A nice douche. But serious, a douche. He talks people into it that he runs across in his day job, which happens to be meeting a lot of dull receptionists that dream of something more.
It's all show, and its being orchestrated for YOUR benefit.
I knew a realtor that was selling stuff on craigslist to pay the bills in early 2009 when everyone just hit the brakes on every purchasing decision. He had the pimpy apartment and the lexus...and was selling used crap on CL to keep the lights on. He was that close on cash flow.
But to the outside world..he was still rocking it.
^ reminds me of the time I went to an amway meeting where the local "Michael Jordan" of the business came in a pontiac sunfire with a missing hub cap. He was talking like he used $100 bills to wipe his ass. Since then I could never take MLM's seriously!
__________________
Sometimes we tend to be in despair when the person we love leaves us, but the truth is, it's not our loss, but theirs, for they left the only person who couldn't give up on them.
Make the effort and take the risk..
"Do what you feel in your heart to be right- for you'll be criticized anyway. You'll be damned if you do, and damned if you don't." - Eleanor Roosevelt
Speaking of MLM scams, if you see Vector Marketing or Cutco advertising at your college or university campus ("college student work, guaranteed $17/hour"), AVOID! I speak from experience. They make you buy a demonstration set (WTF?!) and use your friends and family as initial contacts.
Same thing with Canadian Property Stars-basically, if they don't ask to see a resume at some point in the process, it's TGTBT. I have heard positive stories from CPS but it requires over the top work ethic and upper body strength.
^ I do not really understand how post-secondary institutions allow Vector Marketing to advertise their postings. It's almost as if the career services of schools are oblivious to their practices.
^ I do not really understand how post-secondary institutions allow Vector Marketing to advertise their postings. It's almost as if the career services of schools are oblivious to their practices.
In comparison-McDonalds offers paid training. After my training I got a paycheque for $190, minus CPP and UI. You make $10.25 as a crew memeber, uppable to $13-and you're not fucking hawking knives to people, you're working the register or cleaning the lobby (or working the grill or fryer if you do kitchen work)
^ reminds me of the time I went to an amway meeting where the local "Michael Jordan" of the business came in a pontiac sunfire with a missing hub cap. He was talking like he used $100 bills to wipe his ass. Since then I could never take MLM's seriously!
heh, me and my bud went to an "ACN" thing once (there was free beer...) and this girl no more than 25 was saying how she makes 250k a year, and my buddy (who was somewhat drunk) went on a massive rant during the middle of the meeting about how "dr's go to school for 10 years to make that much, yet some girl with no schooling under her belt can make the same" lol, the questions he threw at her, and watching her attempt to answer them were just awesome lol.
if anyone knows of any of these pyramid scheme meetings coming up that offer free beer (usually the ones held at someones house), let me know im up for some free beer
heh, me and my bud went to an "ACN" thing once (there was free beer...) and this girl no more than 25 was saying how she makes 250k a year, and my buddy (who was somewhat drunk) went on a massive rant during the middle of the meeting about how "dr's go to school for 10 years to make that much, yet some girl with no schooling under her belt can make the same" lol, the questions he threw at her, and watching her attempt to answer them were just awesome lol.
if anyone knows of any of these pyramid scheme meetings coming up that offer free beer (usually the ones held at someones house), let me know im up for some free beer
Here's a question I ask, that gets me dirty looks.
Inevitably, there will be a roll call on income.
"Sally, our top earner, cleared 35k last month!!! And John, John did 22 thousand!"
And all the other people in the room cheer.
And you put up your hand and ask, "what are the average earnings in this office?"
And you will get a variation that they don't like to talk averages, because its all the effort each person puts in, and averages can be easily skewed by one number, either higher or lower.
Basically, Sally ain't enough to average out the shit money that the 55 other clapping clowns aren't pulling in, and they don't want to give you that number because it shows you that, while they want to sell you Sally's success, the odds are heavily weighted to make you a clapping clown.
Here's a question I ask, that gets me dirty looks.
Inevitably, there will be a roll call on income.
"Sally, our top earner, cleared 35k last month!!! And John, John did 22 thousand!"
And all the other people in the room cheer.
And you put up your hand and ask, "what are the average earnings in this office?"
And you will get a variation that they don't like to talk averages, because its all the effort each person puts in, and averages can be easily skewed by one number, either higher or lower.
Basically, Sally ain't enough to average out the shit money that the 55 other clapping clowns aren't pulling in, and they don't want to give you that number because it shows you that, while they want to sell you Sally's success, the odds are heavily weighted to make you a clapping clown.
So ask them what the median income is.
And hello! dirty looks.
Oh god, that sounds to a T like the Cutco sales pitch I experienced in "training".
ive come across a couple contacts who tried defending or shoving this pyramid shit down my throat
A common theme i've noticed:
Fresh university/post secondary grads who have no real career prospects at the moment. Maybe they are working an odd job, but nothing of the sort of profession they were hoping for. So these are prime targets for this pyramid bonanza who will ripely pick them off like rice farmers when they are riding in a helicoptor with a machine gun.
--they may feel kind of lost, and this is the kind of glimmer of hope they can turn to
ive come to the conclusion to just let them be, and let them figure it out for themselves that its a waste of their fucking skin. i tried even logically reasoning with one of them, and he just completely shut me out. it IS a cult. now i just tell these kinds of people, I am not interested. And do not bring this shit up with me again.
--because they have turned to this cult as a kind of haven for their career prospects, they are incredibly defensive of it.
eventually they will figure it out (hopefully)
Unless it is a family member or super close friend (your fucking broski), I would not invest too much energy in trying to convince them otherwise. And yes its been said in this thread before, it burns bridges
if anything, it shows the naivety of some people. im interested to see if this is generally a north american phenom or not, i definitely need to travel more on a side note
__________________
Quote:
[23-07, 02:03] shawn79 i find that at vietnamese place they cut ur hair like they cut grass
[23-07, 02:03] shawn79 do u go to vietnamese places for haircuts
my neighbor in one of my offices is vector marketing. lots of people go in for their 'training sessions' and pay for their knives. yes they ask for all of your contacts. they give you 'bonuses' to give them more contacts whether it be on fb or on your mobile. I'm surprised no one asked me yet...
I once saw a dude post on another dudes facebook wall saying how they are going to be able to buy a BMW M3 by the end of the month working for USANA healthcare or some shit
Its been like 3 years since that time and they are still driving their parent's old car
one can argue the current economic system is a pyramid scheme, but this one is just more pronounced
__________________
Quote:
[23-07, 02:03] shawn79 i find that at vietnamese place they cut ur hair like they cut grass
[23-07, 02:03] shawn79 do u go to vietnamese places for haircuts
You are currently viewing our boards as a guest which gives you limited access to view most discussions and access our other features. By joining our free community you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is fast, simple and absolutely free so please, join our community today!
The banners on the left side and below do not show for registered users!
im up for some free beer 
