Home Based Business

Tribulation

thebusinessbloke wrote: »

it is a complete waste of time talking with them about beginning any form of home based business.

Now that's quite a 'ruthless' statement, but an accurate one.

A majority of my friends run their own businesses. Anything from builders, refrigeration , taxi, hair dressers etc. A lot have built up large companies, all started these companies from home, none of these either do or would consider doing NM. So why would it be a complete waste of time talking with them about starting a home based business?

That aside, it's your comment

Anyone in network marketing can achieve an amazing lifestyle; if they have the appropriate support. By amazing lifestyle I'm not talking about yachts, big homes and flash cars; many people I know have surpassed their 'job' income and were delighted when they quit their daytime job. It enabled them to have a 'lifestyle'.

that I have most problem with because it's simply NOT true. You might as well say anyone can win the lottery. As I and others have said, we know family and friends that have done NM, have had all the support of the various NM schemes, have put in twice+ the average working weeks worth of hours yet have seen less profit than someone would get on benefits. To have a lifestyle of working for yourself in NM, you need to be able to sell and recruit. "Anyone" does not fall into the suitability of this. "Some people" do. Some people are great sales people, NM might work very well for them, but statements like"Anyone in network marketing can achieve an amazing lifestyle" is the sort of hype that gives the sort of people described in my earlier posts, false hope.

AGAIN, I have nothing against you and wish you every success. NM will work for others too, but the point I'm trying to get across is it WONT work for most people.

Jue_xx

I am following this post with great interest, as my husband and I were introduced to the company in question by a family member back in July. My husband in particular was seeing the pound signs in front of his eyes after watching the promotional DVD which shows people MUCH higher up the marketing plan being awarded 6-figure royalty cheques on stage at a presentation ceremony.

3 months on and I've made a loss of approximately £300, after spending £200 on the start-up pack, plus spending money on advertising, training courses (which they charge for and don't even provide lunch!) and buying literature.

Feeling slightly embarrassed now, but their marketing material to get people signed up is so believable, making you think that you'll be the ones up there on the stage being awarded 6-figure cheques within months, that it's just too irresistable.

Comments anyone?

thebusinessbloke

eco123 wrote: »

I won't quote you on all the previous post it's too long & boring & we've heard it a million times before...$100 billion, have a Porsche.. Etc. Etc. YAWN!!

Throwing percentages at people who are less well educated will undoubtedly impress them & I know this is the target audience for MLM'ers.

Yes & no...

Yes they have chosen to kick the MLM route into touch & rightly so, but this is not to say they couldn't run a home business succesfully. I think your perception of people is not good if you just place them into the category of 'useless, ...unless they do what you want' section of life.

Every MLM'er seems happy to quote the figures for growth, but I bet if you saw the figures for failure you would be HORRIFIED !

Great debate by the way

Well there are certainly a healthy chunk of cynics out there today...lol.

The failure rate for people in network marketing is above 95%; interestingly I tell people who join my business everything we have kicked around on this post and I observe their jaws tighten up, steel come into their eyes and determination on their faces. Now eco will probably yawn at that remark too, but I think that if one has qualified a person at every stage of bring them into your business, then they do so with eyes wide open.

As to the numbers, well they are statistics - every industry has them.

I do take exception to this statement from eco:

I think your perception of people is not good if you just place them into the category of 'useless, ...unless they do what you want' section of life.

I'm one of those 'say what I mean and mean what I say' people; if I wanted to toss people away in that manner, I believe I should join the ranks of the amateur networkers who bombard with their 'biz-opps' (when I see that expression I know it's amateur hour) and dart away as soon as a lack of interest is shown.

Some people I have introduced to this business, and are successful at it, have been phoned around 7-9 times by me over a period of the 3 years I have been doing this business. I aim to build a relationship with people I speak with, because if I want them in my business then I do not wish to work with people I can't really enjoy working with. If a person is miserable, negative and cynical, then I park them up and come back to them in 6 months.

I even refer people to people I have met at networking events if I can see that this is where they wish to go; I find that this pays of rewards later when they may refer someone to me who is looking for a home based business.

To reply to tribulation:

AGAIN, I have nothing against you and wish you every success. NM will work for others too, but the point I'm trying to get across is it WONT work for most people.

Thanks for your wishes, I appreciate it indeed. I disagree entirely with your second sentence here; it WILL work for anyone if they are:

• Involved for their own reasons
• Taught properly how to do this business
• Supported

I spent my first year not having the first or last clue what I was doing. I wasn't successful and my income was very poor; yet I had seen the potential and my alternative was to get a job, which I may or may not have enjoyed.

My sponsor dropped out and my mentor had given me the direction 'it's all about selling' and even 'go door to door selling' - I didn't want to do any of those things because I didn't feel comfortable with selling to people.

My epiphany came from learning more and reading an interesting book called 'the 45second presentation...' - yes it's one of those books we 'force' you to buy! lol. Here's an e-book version of the first 4 chapters I found online (information only, it is pitch free and just good educational material).

If you haven't the patience to read it, the 'nutshell' version is that recruiting and teaching people what to do is the 'core' activity.

I hope that people reading this are grasping that this business is a viable one, yet there are challenges involved and not everyone will agree with the path.

An interesting discussion nonetheless.:beer:

AWinner

Jue_xx wrote: »

I am following this post with great interest, as my husband and I were introduced to the company in question by a family member back in July. My husband in particular was seeing the pound signs in front of his eyes after watching the promotional DVD which shows people MUCH higher up the marketing plan being awarded 6-figure royalty cheques on stage at a presentation ceremony.

3 months on and I've made a loss of approximately £300, after spending £200 on the start-up pack, plus spending money on advertising, training courses (which they charge for and don't even provide lunch!) and buying literature.

Feeling slightly embarrassed now, but their marketing material to get people signed up is so believable, making you think that you'll be the ones up there on the stage being awarded 6-figure cheques within months, that it's just too irresistable.

Comments anyone?

Stick with it, learn from your sponsors. 3 months is no time to allow for any business to grow and to generate profits (MLM or conventional).

The people that you saw receiving their cheques will have put in years of time, effort and some investment. As you said, they are much higher up the marketing plan and only got there by effort.

MLM is never a "Get Rich Quick" business (neither is conventional business).

I would catagorise it as possibly "Get Rich Slow"

Hardup_Hester

I haven't read this thread all the way through, but I wondered how long thebuinessbloke has been working with his Company & if it more than ten years, I'd be very surprised.
Of couse I'm biased I have two friends who got involved in one of the best known of these schemes, both lost their houses & one lost his wife & kids too.
I was also once paid £75 to go on stage & collect one of these large cheques, pretending to be one of the high earners!
I have no problem with home based businesses, I started my first one in 1986 & earned a comfortable living wage for 17 years from it.

thebusinessbloke

Hardup_Hester wrote: »

I haven't read this thread all the way through, but I wondered how long thebuinessbloke has been working with his Company & if it more than ten years, I'd be very surprised.
Of couse I'm biased I have two friends who got involved in one of the best known of these schemes, both lost their houses & one lost his wife & kids too.
I was also once paid £75 to go on stage & collect one of these large cheques, pretending to be one of the high earners!
I have no problem with home based businesses, I started my first one in 1986 & earned a comfortable living wage for 17 years from it.

Hester I've been involved since Jan 2005.

3 months on and I've made a loss of approximately £300, after spending £200 on the start-up pack, plus spending money on advertising, training courses (which they charge for and don't even provide lunch!) and buying literature.

Feeling slightly embarrassed now, but their marketing material to get people signed up is so believable, making you think that you'll be the ones up there on the stage being awarded 6-figure cheques within months, that it's just too irresistable.

In any company, even the one 'we' are in, there are right ways and wrong ways to go about building it. I have found that the majority of FLP's training focuses on products and how to move them to people, which is okay if you are into that.

You don't have to pay to advertise either, there are ways of getting people interested that cost nothing!

I think that the small minority of people we speak to are into product movement, whereas the majority are looking for an income. The 'team' within our parent company I work with is focused on how to do network marketing the 'right' way.

Hey now what is the right way, because there are a thousand and one 'ways'. I think that it is the route that the majority of 7-digit earners have followed; after all who would you chose to emulate? A person earning £100,000 or someone earning £5 million?

In earlier posts I've pointed you at training assets that are 'free' and the trainer is earning $ millions; in fact she become a millionaire at 22.

So what?

If she can do it, why can't someone else?

thebusinessbloke

the link to the free training place is www.danijohnson.com

It is not an business opportunity site, so I think I can refer you there without fear of breaking the rules; she's a passionate speaker but immensely successful. It is free to enroll there and you get access to a large volume of audio training. Will them spam you to death? Not really, I get around 1-3 mails from them per week.

Browntoa

and behind the "free" drag in, more classic MLM

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eco123

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OOOHHH ! bargain, i'll have 6 please.

Isn't this just absolutely bl**dy typical, who in their right mind would pay for this trash. I would have first needed a lobotomy.

Whatever I/we say, thebusinesbloke will continue to defend his corner like a wild boar & I/we will continue to prove him wrong & misguided I think.

MLM'ers are 'human spam' in my opinion, these people are worse than Jehovas Witnesses when it comes to pestering folk.:rolleyes:

I have to admit I am loving this thread though, it's really interesting to hear all the points, some valid...some not.

thebusinessbloke

yep she sells her own products, so don't buy them or whatever...the free content is the gold, but you all sound just too hard bitten and cynical to see that and just intent on the usual practise of 'MLM-bashing'...

I'm happy that you have found something to be negative about - it must make you feel content to have a direction and I am happy to defend this business against all comers. Network marketing never let anyone down; what does let them down: their own choices.

I'm just getting a little bored with sensationalist sniping, repetitive rhetoric and a thorough lack of factual arguement to support your arguement that this business is all of the things you claim it to be.

Someone follow my lead; explain with tenacity why you think what you think and prove it...the gauntlet is cast down, over to you to pick it up.

any takers...