MLMeo.com MLM forum

[neto]

Hey, after reading all the posts in this forum, ive decided to join sin I see some intelligent answers.
Here is the deal with me:

I have the option to join a relatively new MLM company. It started on January 09 therefore I would be ranked on "the high ones" as they say.

The conceptis as follows:
Its a membership fee of 75$ that allows you to get discounts with all affiliates to the company. To become an affiliate all you hav to do is give discounts to the members of the club. You also choose one of three products every month: a pen apparently worth 100$, unlimited calls from ur cellphone through the whole Canada, a domain name and a host.

The money flows as follows:
each person can only have 3 on their first generation.

PERSONAL MATRIX
-You
Generation1----3 "friends"--------2$/person/month--=6$
Generation2----9 people-----------2$/person/month--=18$
Generation3----27 people---------4$/person/month--=108$
Generation4-----81 people-------10$/person/month--=810$
Total for Personal Matrix--------------------------------=942$/month
Now, you will gain 100% of what generation 4 gets which is generations 5 to 8.
Generation5-----243 people------2$/person/month--=486$
Generation6-----729 people------2$/person/month...=1,458$
Generation7-----2187 people-----4$/person/month...=8,748$
Generation8-----6561 people----10$/person/month...=65,610$
Total------942$+76,302$...................................=77,244$/month
Generations 9 to 15, you will get 1$ from everyone, boosting your revenue to over 500k if completed.
plus 15$ bonus for every person you refer.


Ive calculated that from the 75$, 43$ go to the matrix listed above. Leaving 32$. Even in the first month where we take out 15$, it leaves us with 17$.
In my opinion, this is enough to pay for any of the three services and still leave the company a decent amount to operate.


Now the inside details and issues I find:

There is this whole thing about being new. They base themselves on it to excuse their lack of material.
1- There is no document other than the power point that clearly explains everything.
2- the website sucks big time and its been like that for the 3 weeks that I have been to the presentations.
3- They present it as: " you dont need to sell, you only need 3 friends" which is kinda not true for almost every mlm.


Now the looks good points:
1- They are apparently supported by the quebec government and the ministery of education... Even though there is no god damn document shown for anything which bothers me the most.
2-The idea of the discounts seems good. The problem I see here is: Will big companies want to be part of this or just rejected for it being an MLM?
3- Its 75$+tax and everything is declared to the government.
4- The concept is to make use of the power of a huge network to attract companies to reach this market for free! While using the technique that capitalism seems to hate so much, MLM to at the same time make some money.
5- The whole idea is based on having fun. The company will organise parties, getaways, etc. They are presenting it in my view as: "Hey! look! we found a way around the system. lets jump on the opportunity!" (ofcourse not with these words, but thats what I get from it).


So here I am deciding to go or not to go. The owner which I met has ambitious projects and all. However, the base seems fragile... no documentation, no website... no change in 3 weeks... cmon.... On the other hand. 75$ I could try for about 3 months. If no change, asta la vista baby.

Please let me know your opinion on all this and how it smells to you.
Hoping to read from you soon

Neto

[damoose88]

Well, Neto, I have some concerns myself but I will get to those later. First of all, being one of the first ones to join does not guarantee you a large income. If it is a legitimate MLM you will need to put forth significant effort regardless of whether you are the tenth person to join or the millionth.

Regarding your concerns: Their lack of material is nothing to be concerned about. When the company I am involved with was first starting out, their training and presentation materials were copied to VHS tapes with Woody Woodpecker episodes on them. Also, don't judge a company on a poorly-designed website, judge the idiot web designer on the poorly-designed website, hahaha. Now, your concern with their, 'You don't need to sell, you just need 3 friends' attitude is simply that they either miscommunicated the concept or that you misunderstood it. The focus in any MLM company is to build a large team. Also, experienced distributors do not sell the companies' products in the manner in which you're thinking, they instead offer them to whoever is interested. To put it differently, you wouldn't see an experienced distributor going house to house or wandering around a mall talking to everyone they see to attempt to sell product, it is simply too inefficient and it takes time away from more important matters such as training your downline, etc. Instead what you would see is him or her recommending the product to his or her friends or family, or their friends or family, or someone who has been exposed to the opportunity but decides not to get involved, etc. When the individuals presenting the information told you this, they meant simply that your focus should be sponsoring and training first and selling second.

Regarding what you have identified as pros to joining the company: Being 'supported by the Quebec government' could simply mean that the government allows them to operate within their borders. Unless they can prove a public endorsement, comments like that are not something you should base your decision on. Your opinion that 'capitalism hates mlm' is actually false. MLM is capitalism in its purest form, many people simply do not understand the MLM industry and this lack of information causes individuals to become skeptical. Legitimate MLM companies provide products and services to the public that are actually of use to the public while allowing individuals other than the owners of the company the opportunity to profit from those products and services. The opportunity they provide does not last forever and it is true that eventually (assuming everyone in the world has joined the company) there will be people who cannot sponsor or sell simply because there is no one left to sponsor or sell to. This truth does not make MLM bad or illegal, it makes it an opportunity, and in a capitalist society, there are unlimited opportunities for any individual to become wealthy, however opportunities come and go and no single opportunity will last forever. This is simply the nature of capitalism. MLM is based on having fun. Everyday people are able to make more money than they have ever dreamed of and that is exciting. From birth, we are taught to get good grades and go to college and get a good job and this is exactly what everyone seems to believe. For many people, the idea of spending several years in college to get an advanced degree to be able to work for one of the largest companies in the world that was originally started by a high school or college dropout doesn't make sense. It does not mean that getting a job is bad, it simply proves that getting a job is not the only way, or the most profitable. With MLM, you will work much harder than you would if you had a job without any guarantee of success, however the financial and personal rewards that one can achieve by succeeding are rewards that you will never achieve by holding a job, and the opportunity to have more than they could ever imagine excites them because, yes, they have found a way around the system.

Now here are some concerns that I have: What is the name of this company and what products/services do they offer individuals who are not in the company? I will not address the compensation plan at this point in time simply because I do not fully understand it. It seems to be based solely on sponsoring and does not seem to offer any incentive to sell. My final concern is that, unless I have misunderstood something, they use a part of the signup fee to pay the upline which, as far as I know, is not allowed in this industry. Please get back to me with more information so I can better understand this company.

[neto]

Thanks for your elaborated answer!

It is called Club des millionnaires (millionaire's Club).
The idea is to use the buying power of the consumer to obtain reduced priced with companies that are willing to affiliate with the club to reach a larger market.
To be allowed this discount, you need a member card with your name on it. The membership costs 75$ a month. Added to this card, you get one of the three products I listed on my other post.
Therefore the main product of the companie as I see it is a card that allows you to get discount at different places.
Oh and I was forgeting, they do not offer any service to anyone not in the company other than bringing a market to any business that is willing to give a lower price to the members of the club.

[damoose88]

Well, Neto, to be perfectly honest I cannot tell you whether or not it is legitimate simply because it's difficult to determine. I know that I personally would not join this company but that is simply because their service does not excite me. As far as your own decision is concerned, you are most likely going to have to go with your gut; if you are not excited about what this company is offering (not just to you but to your customers as well) or if you have any hesitations it may be in your best interest to look elsewhere. If I may make a recommendation though, it is that you do not enter into MLM at this time. I say this simply because if you are not willing to go at it and to put forth the required effort to achieve success then it is very likely that you will not succeed in this industry regardless of the company you involve yourself with. MLM is very difficult and it has very unique and difficult obstacles to overcome and for someone who is willing to just try it for 3 months because it's only $75 to join, you may not have the desire to succeed that you would need. I may be mistaken, however in my experience, if the individual does not have an "I'm doing this, what do I need to do and how do I do it?" attitude then in all likelihood they do not possess the determination to overcome the challenges they come across and they eventually quit. I would suggest that you keep your mind open, but keep looking around. There are dozens, if not hundreds, of MLM companies out there. If this one isn't for you then there is one out there that is.

[anarchist]

Did all of your mothers drop you on your head when you were children? If not, then you are either delusional or your IQ is that of an invertebrate.

[damoose88]

Is it possible for you to actually make an intelligent comment or do you simply believe in insulting those whose opinions differ from your own?

[anarchist]

No I have nothing intelligent to say about your pyramid scheming foolish antics. No I have nothing intelligent to say about your lack of common sense. No I have nothing intelligent to say about your lack of moral fiber scamming others into your bullshit schemes. I have nothing intelligent to say about these things because the entire concept is idiotic, selfish, delusional, morally repugnant and infuriating. You are either stupid or a low life piece of shit. Which is it?

[damoose88]

Please explain to me how I am 'scamming' Neto into MLM. If you read his post correctly you will see that he sought an outside opinion from an individual he felt could help him decide if he should involve himself with a company that he was introduced to by (I'm assuming) a friend of his. Also, if you read my response, I recommended to Neto that he not enter the MLM industry at all, not because the company he found is not legitimate, or even because he wasn't partnering with ACN, but because some of his comments led me to believe that he would have great difficulty achieving success. Of course I am not claiming that he is dumb or that he is a bad person, in fact it is quite the opposite. I believe Neto to be reasonable and open-minded to concepts he may not fully understand and I find his desire to seek information and opinions from others, regardless of whether he agrees with their opinions, to be very common among individuals of intelligence. Finally, if you read these posts in their entirety you would also see that I never once made any offer or invitation for Neto to join my team, much less the company I'm involved with. Despite your irrational and skeptical nature, many distributors who have had success do, in fact, try to help others achieve at the very least, the same level of success that we enjoy, at the very least so that we can have the pleasure of others' company because the closed-minded skeptics are at their jobs at 11:00 on a wedsnesday morning.

[anarchist]

Dude you've got it all wrong. You analyzed my response as if I give a fuck about your answer to that other guy. I wasn't responding to that reply at all. What I'm saying is that you and your friends, and all of the MLM industry in general are full of shit. You are either a lying jerk or a mentally retarded, low I.Q. stain on society. Which is it? I don't know? You talk as if you have at least an I.Q. of 100...so in my book that makes you a lying deceitful morally corrupt son of a bitch. I don't believe in God, but if I did, you'd rot in some sort of awful place for being a con-artist.

[damoose88]

Actually my IQ is 163.