Hi Linda,
I REALLY enjoy your forums! :-)
It's like a breath of fresh air in an otherwise smoggy, stagnant world.
Ooooooohh... I hope I don't get hurt for that! :-D
Perhaps one of the reason so many people are in trouble right now with the financial wizardry of payment processors, hyips and pts, is because so many people hate math! As I posted on several other threads, the people who own those systems are either on drugs or selling drugs, as the math does not work. End of story on those things.
You've brought up an interesting and important point on teams and business (AKA MLM, and the like). IF people would do the math, they COULD succeed in a good MLM, but most get in via the emotions instead of the calculator.
Let's look at MLM like a regular business. In MLM, the first thing to look at is the PRODUCT. It needs to be an excellent, desirable, useable product that will be bought month after month, year after year, by the same customers (got milk?) Otherwise, you have to keep reselling to new people all the time (bad math - time=money)
Secondly, the product has to be offer excellent value at retail (oops - we just lost 90% at least of MLMs!) This means that a real salesperson should be able to build a good business based on retail sales.
Thirdly, it should not be necessary to recruit everyone to build a successful downline. Once again, lets look at the math. Just as you wouldn't want hundreds or thousands of partners in a brick and mortar business, you don't want hundreds or thousands of partners in your direct MLM downline. All your time would be spent recruiting losers who would quit after a month or so, anyway. (time=money).
This is one of the GREATEST flaws in the way people approach MLM. Everyone goes hunting for recruits when they should be looking for a few highly qualified individuals as partners, just like they would do if they were looking for partners in a brick and mortar business. These partners have to QUALIFY, by meeting YOUR standards for the type of individuals you want to work with.
This simplifies everything (good math - time=money) and makes what you're doing duplicatable.
So the correct forumal for choosing an MLM business should be:
Excellent consumeables + good retail value + qualified partners + duplicatable business plan = potential success.
Unfortunately, it is very difficult to find an MLM company that honestly has products with good retail value (ie - competitive pricing), so the whole thing collapses right there.
Most people could easily prevent themselves from failing in MLM if they would unemotionally examine the products and pricing before they swallow the hype. (Do the math!)
Now I'll go get my bullet proof vest on....
God bless,
Dave
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