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Re: Strange Money #5: Network Marketing Q/A
12/14/2005 10:13:35 PM
Hi: Interesting stuff... Winston said; ======================================== 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... ======================================== 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; ======================================== 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. ======================================== 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; ======================================== Just thought I would put the actual topic title back in its rightful place ======================================== 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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Gary Simpson

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Re: Strange Money #5: Network Marketing Q/A
12/15/2005 5:28:34 AM
Maybe we should rename multi-level marketing to mediocrity level marketing. Gary Simpson
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Winston Scoville

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Re: Strange Money #5: Network Marketing Q/A
12/15/2005 9:41:08 AM
======================================== Maybe we should rename multi-level marketing to mediocrity level marketing. ======================================== Naw! How about Reality-Level Multi-Marketing??? :-)
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Re: Strange Money #5: Network Marketing Q/A
12/15/2005 10:00:26 AM
Hi: ========================================== Maybe we should rename multi-level marketing to mediocrity level marketing. ========================================== Let's play pretend. There's 500 shoe stores in town. One shoe store makes almost obscene profit. 5 shoe stores make enough to scrape by. The rest might as well close their doors. The people at the top are proof that it *is* possible to make money in the shoe business. Same thing with websites Same thing with small businesses Same thing with MLM The suitability to the person - not the process of selling - determines level of success. This is a concept that many people struggle with. It's a lot easier to say "MLM sucks" than to say "I sucked at MLM" There is nothing wrong with sucking at something. I suck at repairing things. I am the person that would rebuild something and have parts left. lol As Michael pointed out in the 95% fail rate thread, some businesses are just not right for some people. Maybe for you, MLM isn't the right business. For other people it works very well. It ain't the process. It's what's right for the person. ; ) Linda
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Gary Simpson

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Re: Strange Money #5: Network Marketing Q/A
12/15/2005 12:04:47 PM
Er Winston, =================== "Naw! How about Reality-Level Multi-Marketing???" =================== That would be RLMM. Gary Simpson
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