Monday, October 15, 2007

Multi Level Marketing

Multi Level Marketing , in short MLM is being touted as the future of business and will eventually oust the traditional business model . Just how viable is MLM ? To me , it is a form of modern slavery using unethical tactics to entice students and the elderly into investing their monies in MLM .

The MLM-ers target students because of their naivety and their uncertainty in their future . I am compelled to warn people of its pitfalls and the adverse nature of this business model for the fact that they are unregulated by the MAS to provide financial services . They are also the cause of conflict for many friends and family .

I have to warned you of their ploy so don't fall for it ...

How they use psychology:


1) Make you question your future

2) Ask why you chose your dream job

3) Make you think your dream job is
worthless, earns no money, is bad, etc

4 ) Knowing ur morale's been hit down
by
steps 1-3, they assure u there's a way
out. (Builds up trust)

5) Say "doing biz", doesn't work. Benefits
of "starting own biz"

6) Says stuff like $$$ more impt, etc.

7) Gives examples of ppl having few K in
income, car, etc.

8 ) Introducing you to the slave world of mlm,
where few succeed






Credits to redstone*

No comments: