When we last checked in with the MLM industry’s fight for legitimacy over in India, the various government agencies involved were engaged in ongoing discussion as to what constitutes a legitimate MLM company. In response to the multitude of scams operating within the MLM industry and local authorities seemingly all but powerless to regulate them, [...]
The MLM blogosphere is populated by a handful of individuals who, either directly or indirectly keep regular contact and bring you their respective coverage of the happenings in the MLM industry. It’s a wide-spread of viewpoints but together I think we do a pretty decent job of covering what needs to be covered. I can’t [...]
It’s no secret that India has become an MLM legitimacy warzone over the past decade or so. Legitimate MLM companies fight for market share in an industry space increasingly dominated by recruitment scams and dodgy investment schemes. Whereas five or ten years ago these scams were low-key startups that usually had the rug pulled from [...]
Amidst the tidal wave of penny auction prelaunches announced over the past few months, I decided mid last month that I’d sit down early this month and put together a snapshot of where we were with each of them. After spending some time and researching the status of a few companies, I realised things weren’t, [...]
Two of the big buzzwords currently being tossed around the MLM industry are ‘compaliance‘ and ‘being compliant’. Or in other words, attempting to ensure that a company is legal and won’t be shut down for being a thinly veiled Ponzi or pyramid scheme. Typically compliance issues are related to US-based MLM businesses (or offshore businesses [...]
If you were to single out noticeable change in the last 9 months or so within the MLM industry, it’d be hard to go past the meteoric rise of the internal advertising network MLM. Formerly the crown given to the ‘useless e-book and digital downloads’ MLM companies, the advertising network I believe has well and [...]
‘The Greatest Vitamin in the World’ was a MLM company focused around the sales of a multi-vitamin… supposedly the greatest one in the world. Run by Donald Lapre (photo right), the basic idea was that you paid your $35, recruited other people into the business and then took home commissions ranging from $1000-$5000 with up [...]
One of the biggest turnoffs of a MLM business opportunity can be an extraordinarily high initial investment cost to new prospects. Despite still being lower than the initial investment cost of a traditional ‘brick and mortar’ business, due to the nature of MLM many potential leads still find it hard to get around. Realising this, [...]
One of the biggest criticisms I have of the MLM personal development niche is that it seems to be populated with self taught ‘feel good’ gurus. Whereas in the real world people look at credentials and education, in MLM all of this seems to go out the window in favour of liking what you hear. [...]
When it comes to success in MLM on the part of the distributor, associate, marketer or whatever you want to call yourself, there seems to be two schools of thought. On one side we have those that believe you either have it or you don’t. That’s not to say that if you don’t have it [...]