Winston,
Heh...heh... I think you are a closet stirrer!
You want me back here in full battle mode!
OK, just so people don't have to flick back to another thread, here is what I said:
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Hi Linda & other forumites,
All of the replies so far have been quite thoughtful and very interesting. Well said folks!
Linda, I just wanted to pick up on ONE thing. I saw Johnny's comment several weeks ago. Since I have had a real red hot go about MLM's on the MLM thread I decided to let it go. But...
... since you have picked it up and want to make further comment I am gonna weigh in again.
Johnny said:
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"... he doesn't like MLM simply because 5% of people make money and 95% don't."
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Sorry to pour more cold water over MLM but that success figure is way too high. I have done a personal calculation, based on my own 10 years in MLM which took in 3 MLMs and here is my figure, which I believe is far more accurate:
0.3% of people in MLM make an EXCELLENT living, 99.7% of people in MLM simply support the lifestyle of the 0.3% (but don't realize it).
These were REAL figures - not an estimate that people will generalize over.
Perhaps I will concede that there are 5% who are contenders to graduate into the 0.3% but, at best, that 4.7% (5% minus 0.3%) really only ever break even. In other words, if they did nothing they would be just as financially well off.
This is easily represented in the classic J-curve. Just travel along the horizontal axis (# of people) until you get to 95% where there is a gradual rise upwards until you reach the 99.7% mark where the line then goes vertical ($ made).
Like I said, when I determined those percentages I did them with REAL figures not a guesstimate.
Since what I have said here is more appropriate to the MLM forum I will copy it across to there.
I just wanted to inform everybody how miniscule the REAL success rate in MLM is. Nobody else will tell you that - especially the king-pins (the 0.3%)! Will they tell you that? NO!
Gary Simpson.
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You asked me to get out the flak jacket and helmet. OK, I'll dust 'em off, clear the cobwebs, brush off the dried blood...
Just let me make this PERFECTLY clear...
WINSTON DID THIS!
As the Governator would say:
"I'll be back!"
... with full metal jacket!
Gary Simpson
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