MLM Agencies??

Dec 18, 2018

  1. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    Nope. MLM promotes "duplication".

    If you go beyond the "ideal DUPLICATION" model... you'll be accused of "reinventing the wheel" and "sabotaging your success".

    MLM does not encourage individuality or individual thinking. It's a herd mentality. Why? Because "if it works, don't break it".

    For "duplication" to happen, you must have EASY and simple training mantras.

    Here's the thing with financial services: It's not simple and it's not meant to be.
     
    DHK, Dec 22, 2018
    #41
  2. Cornelius
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    Cornelius Guru

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    Could be true but we are talking about for the most part part timers. Times are changing. In these conversations to me it seems the mindset is just toward insurance products. That isn't the case..

    Marketing companies can add products and services as they so choose. Which is why no one should just take information from net postings. Do the research one feels they need to do..
     
  3. somarco
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    somarco That Medicare Expert Guy

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    Well MOST folks in MLM ARE part time.

    So what's your point?
     
    somarco, Dec 22, 2018
    #43
  4. goillini52
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    goillini52 BUILD THAT WALL!!!

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    I've seen that figure posted before, and I'm thinking it was under $5,000.
     
  5. Cornelius
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    Cornelius Guru

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    My point is part-timers may not be as aggressive in the business as people who are doing it as a primary living. Which is why the numbers are what they are.
     
  6. toolbelt
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    toolbelt Super Genius

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    In MLM, stated earnings are always before expenses, and in the case of insurance, before chargebacks. Its no secret that, when factoring in all expenses, 99.7% of MLM'ers actually lose money.
     
  7. toolbelt
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    toolbelt Super Genius

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    MLM'ers are mostly part timers because most lose money and leave. Working it full time would leave most without any income to support the hobby. Lets not forget, the churn rate in the MLM industry is typically well north of 60% annually, with most victims taking 1-3 months to realize they've been scammed.
     
  8. Cornelius
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    Cornelius Guru

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    Of course financial services isn't simple but all day we hear call this number to buy term or get low auto insurance quotes. People do it.
     
  9. Cornelius
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    Cornelius Guru

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    No MLM was designed for the part-timer so they can test out a business. At some point there has to be a separation between the consideration of the company and the product or service.

    People may not like the MLM platform but that doesn't mean all companies are the same. Which is why each person should do their own due diligence when looking at any business opportunity.
     
  10. toolbelt
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    toolbelt Super Genius

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    Viewing annual reports is the only reliable due diligence.
     
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