Hi:
Interesting stuff...
Winston said;
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That makes the assumption that 100% of all the people that join an MLM company strive to reach this EXCELLENT standard of living that you mention...
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Very good point. I'm like you, in that I like to create multiple streams of income. In my case, particularly so because my primary work is service oriented. Let's be honest - I don't want to be wearing bifocals and pecking out html when I'm 75. lol.
So, I've been setting up other businesses that bring in streams of income, too. I'm not looking to go 'high hawg' in any one of them - just a nice combined income from all of them.
Gary said;
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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.
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That may be true... but maybe kind of besides the point.
The fact is that the VAST MAJORITY of people fail -- at any kind of business. Most people in MLM fail. Most websites fail. Most small businesses fail.
I could do the same thing with websites. I could say that 5% are making money, but not the kind of money the big successes are making.
Just to pull numbers out of the air, I could say that the client who is making 80,000 per year is failing because someone else makes a million a year. Or, I could say the person making a million a year is failing because I know of a site making 50 million a year.
See what I mean? What's success? To who? It's really a matter of perspective. At least in my humble opinion. : )
The point is, when we're looking at millions of people getting into a new way to make money (whether starting a business, a website or joining an MLM) - I don't think it really matters whether the "success" rate is .3% or 3% or even 5%.
What matters is that people need to sit up and realize that the VAST MAJORITY FAIL - and if they don't want to be counted in those numbers, they need to figure out one thing. HOW TO GET CUSTOMERS.
Doesn't much matter if it's a MLM, a website or a kiosk in the mall- if no one is buying, the venture is dying. MLM or not.
Peter said;
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Just thought I would put the actual topic title back in its rightful place
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Cute... LOL
For anyone reading along, the *LOL* is because Peter knows I have a shortcut I use to get to the newest post (when I get notices by email) but it only works when the original subject line is in place.
Anyway, it struck me as funny.
: )
Linda
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