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  • Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Here is a post to end it all:

    For those who want to do MLM, good luck. But realise it's not your business – you have no shares in the business, you are controlled by 1. the company (most likely in US), 2. your country's section of the company (e.g. Amway Australia Pty Ltd), 3. your uplines and there can be multiple multiple of them. MLM can be good for learning some skills but do your due diligence about your future and don't let their motivational speakers do it for you.

    For those what don't want to do MLM, I hope you get out of a job anyway, have your own business and succeed. Find a niche, find your strengths, find partners who compliment your skills but you trust each other, find investors if you have no money, find out what your exit strategies are and end goals are. The easiest money to earn is to create a company, flip it and do a strategic sale to a big player(s). Look at http://www.groupon.com – a 3-yr old company going to be sold for $5-6 billion to Google. I am working on my company http://www.ourproperties.com.au and http://www.gifang.com, looking at strategic sale or IPO at a later stage.

    For those of you been bothered so many times by MLM people, here is a way to reject them:

    – "I have heard of this company a while ago, my friend asked me to join, I joined already, tried, and I am still in it – but don't ask me about the compensation plans – because it's not MY business. I have my own business and wish to focus on it, and focus on it only, so…THANKS".

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Hi, just to answer on all of your emails at once. I have sold all of these N21 materials and now don't have any N21 materials.

    A number of business owners also contacted me (MLM and non-MLM) to my surprise, asking me what kind of telco services I use for everyday business purposes. Don't know why this question came through, but anyway I use iTalkBB, where i call Australia and overseas unlimited and it charges me $30 a month fixed rate.

    Here is the link: http://www.italkbb-australia.com

    I paid for the device out right because I don't want to sign a contract like Telstra and optus etc. So far for 3 months, iTalkbb has been pretty good.

    Anyway, i think this should be a property forum, we have gone way off the topic..

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    1 – It was a genuine invitation, and obligation-free.

    2 – It is up to you to market the products and services online, offline, to customers, to businesses, and even brand it under your own name. If you live in Australia now, you will soon see Our Mobile products and services promoted through big names. I cannot reveal these names now due to company policy.

    3 – This is particularly a great opportunity for Internet Marketers, which is why I intend to invite some successful internet marketers and hear their strategies (individually if necessary) on how to create an online profit killer. Reason – sales through partnership with strong marketers and powerful promoters are at a different rate compared to sales made to end-users directly.

    Anyhow, this comes back to my purpose – which is to answer some original posts by friends who were 'nearly' going into Network 21 or Amway: that Network 21/Amway are OK if you are not prepared to use internet as a leverage and unwilling to learn marketing in 21st Century. In my opinion, and I am sure legendary names such as Mike Dillard, Ann Siege, Mike Filsaime, etc would agree, if you don't use internet as the leverage/media for your marketing campaign, how many personal rejections are you going to handle? I am talking about sales in general no matter what you are selling.

    The old methods used last century should stay with last century.

    After reading through these points, I hope we can identify between 'sucker-bet's and chain marketing.

    Overall, the idea of having a marketing business is to (ideally) generate stable, monthly income so you can cash-roll your real estate investment snowball.

    Anyhow, I am designing and building infrastructure online so my own website (http://www.wealthchemistry.com, to be launched next month) can support Our Mobile, as well as other features more relevant to this website, which is about investment. So I have full confidence in Our Mobile and what it can bring to us in terms of not only technology but also lifestyle. Right now the website is empty but experimented for SEO.

    If you are an Internet Marketer, I'd like to work with you and explore opportunities together. Email to michael(at)wealthchemistry.com

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Honestly, there is nothing wrong with the direct selling industry overall – unless:
    – you join at the bottom of the chain and there are 1000s and 1000s of people above you, and,
    – your uplines lie – about their status and about the business in general
    – you do not learn about the actual marketing and business side of it, which is the whole point
    – the product/services are INDEED at wholesale price, are necessities, and continuously used,
      preferrably not much competition.

    If you are in Australia, there is a telecommunication direct selling company called 'Our Mobile'
    that is about to launch, here is the URL for a free VIP registration to its launch sometime in April,
    Melbourne (and later in the year there will be an Australia-wide tour)

    http://ourmobile.wealthchemistry.com/ourmobile-VIP-registration.html

    I saw their brochure and test-used their services, their mobile rates are the cheapest and you get
    to design your own mobile plan, which is very flexible… below is what I copied and pasted from
    an email that the company's CEO assistant sent to me… funny how I prospected the company
    CEO a long while ago, and since then we became friends, and he has been updating me with
    lots of the company's movement. I think this business is hell lot easier than Amway or Network
    21, you just have to ask people what plan they are on and talk about what you have, rather than
    pitching people about so-called 'income opportunities'

    anyway here is a section of his email:

    – the company is backed up by research and development in new technologies, including modems
    with technology that's never seen in Australian market.

    – not only can you save heaps on your mobile bills, but you can also save on your other necessities
    such as fuel and shopping. Details to be released at the launch.

    – The founder and CEO of 'Our Mobile' has a vision that their services and infrastructure will integrate
    mobile technology and our life, hence there are many major add-ons to the company in the future.

    – Upon request and approval, you can brand the product(s) under your business name, hence it is
    pure direct selling, unless if you just want to use the services yourself.

    – Joining before May means you will position yourself at the very top of the bonus structure, before
    the company expands throughout Australia and Asia pacific.

    http://ourmobile.wealthchemistry.com/ourmobile-VIP-registration.html

    I think he also told me there will be free food and drinks there at the event too.

    Come and I will tell you how it is relevant to real estate properties.

    all the best,

    Michael

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    The answer is no. And let me tell you this – even I am in Network 21/Amway, I have to say that my uplines are not honest people at times. Here is a real example that happens literally everywhere: you bring your potential downline (let's say a 20 year old Australian, Chris, who goes to university) to your upline Peter, Peter then speaks to Chris: "hi how are you going? Is this the first time you come here? What do you do for living? Oh I know someone called Mary (now Peter points at Mary because Mary is also at the seminar) who is 19 and is also a university student, she has joined the company for less than … months and is now going to be at the 21% Silver level… if she can do it, I think you can do it too."

    Now, point to note is, Mary is perhaps a downline of Peter but is not in the same 'line-of-sponsorship' (i.e. not related to) as Chris or you. This means, you cannot "ask" Mary about her business – simply because she is your 'cross-line', i.e. not related to your business or Chris's business, as I show below:

                              Peter
                              /      
                          you     Mary
                         /
                       Chris

    Guess what – if you "violate the rule" and actually ask Mary "oh congratulations you have joined the business for only … months and nearly reaching 21%!!" – she would look at you so weird and say "NO?! I am barely at 3% bonus level…"

    This happened to me at least once. Of course I cannot tell you the real names but this is the reason why no 'cross-lining' (as above) is allowed, i.e. you cannot ask a thing about each other's progress and status because your uplines said so – because they want to "encourage" people by not telling the truth and preventing you from finding out the truth.

    And that's one of the ways how people develop downlines in Amway. Although there is no extra cost to be a member of Network21, Network21 puts "becoming rich by being a part of a team" as the central focus, which, as you said, gradually makes recruitment an emphasis.

    But this is the fact with basically ALL network marketing companies and a number of internet marketing companies.

    Any tips on investing in real estate and becoming rich would be great here. I can't always rely on so-called real estate 'experts' who aim to make a sale and not offering honest opinions.

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Personally, I don't agree when they say "business seminar", because it is just a marketing plan.
    And look, even I am in Network-21, there is no way I like everything about it.
    The truth is, Robert Kiyosaki indeed endorses Network-21.
    But obviously he gets paid to speak at Network-21 seminars but perhaps not his endorsement.
    From an insider's point of view, every speaker presenting at Network-21 function (or "seminar") gets paid pretty well.
    Too many people needs to know the difference between pyramid schemes and network marketing.
    Network marketing, put simply, is that "you set up a physical/virtual shop and have customers, and can sell personal franchises".
    It is perfectly possible and very normal for you to make more than your 'upline'.

    A correction for the 1st post:
    If you join an existing team, then everyone is the team does not necessarily get a commission of what you buy.
    It depends on the structure of the team.

    If person A is above person B, and A only has one team, consisting of B, whereas B has 3 teams, then A only gets a certain % discount for whatever he/she buys. B gets the discount + money.

    Anyway, if Amway is dodgy then the chairman of Amway wouldn't be selected as the chairman of the American's chamber of commerce.

    Anyway… this is real estate forum.

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Have a look who started talking about Network-21 in this forum.

    Was it us?

    We only came here to clarify a few things, as requested by some of the people before us, and hopefully it helps.

    We contribute to the forum, it doesn't necessarily have to be about property. Plus, I did say that Network-21 is one of the things I do, and I am also into properties and investment. That's why I am here too.

    …..

    "hmmm… welcome to the forum… 2 newbies with positively glowing posts on Network 21 and nothing to contribute about PROPERTY INVESTING.

    Spam, much?"

    ==> So what have you contributed in your particular post, …if anything?

     

    Profile photo of ientrepientrep
    Member
    @ientrep
    Join Date: 2008
    Post Count: 8

    Guys, I am new to this forum but I am not new to Network 21. Here are my thoughts on this Network system:

    – first of all, there is NO sign-up fee for Network 21
      Network 21 is an educational & motivational company that works with Amway in around 40 countries around the world. Amway  provides the products, the infrastructure, the compensation plan etc, but Network 21 educates & trains people on how to build the business using Amway's product lines. You need a minimum of $173 for signing up a membership with Amway, which will include sample products, their delivery, starter kit, and membership/virtual office on Amway. This will automatically allow you to have virtual office in Network 21. In other words, Network 21 membership costs you nothing once you are a member of Amway.
    * some said $1000 signing up fee – I don't know where this is coming from.

    – second of all, NO ONE gets a commission from the sign-up fee
      I am quite confused when people say that when you sign people up, you get commissions. This is not the case with Amway, but is indeed the case with other network marketing companies such as ACN and MonaVie. Personally, I don't agree with this form of compensation plan, because that way would encourage people to sign up as many members as possible. This might be the case with some distributors associated with Network 21 and Amway, but not me. That's why I feel comfortable introducing the concepts of online shopping and products to people I know, without the intention of scamming people so I get commissions from their sign-up fee.
    * A word of advice, if someone approaches you and wants to join you into something – the first and foremost thing you should be asking him/her is: how much commission do you get by signing me up? Guess whose pocket that commission comes from.

    – third of all, there are things I like and I don't like in Network 21.
      Please stay away from any distributor that promises you things, e.g. become rich in XXX period of time. That's not realistic, and misleading. It is virtually a misconduct and abuse of the system to attract people by giving promises like that. However, here is what I do: YES I personally sign up people who are interested in the business model and want to try, but the first thing I say to them is "Look, I can't promise you anything", and then I find out what exactly they are at and what they want, so I can point a direction and work with them, rather than giving them false promises; the second thing I do – if at the end of 90 days, they are not happy, I personally arrange their full refund so they can quit Amway – given that they know (and I know) what exactly they (and I) have done in 90 days, what worked and what didn't work.

    * A word from my heart – Network 21 is by far NOT the only thing I do and I am interested in. What I found from people that I joined (including those whom I arranged to quit) is that they are genuinely NOT procrastinators. They want to do something with their lives and do not want to be ordinary. Network 21/Amway is a stage for some to make money, and for others to develop themselves as people. For those non-procrastinators, I'd love to share ideas about business and investment in general. Hence, I do not have any problem about "losing friends" – because they understand that Network 21 is just one of the things I am into and I want them to know about. I also have a big interest in different forms of property investment.

    If anyone has a question or complaint about what I said above, feel free to give a shout or email me at [email protected].

    Thank you,

    Michael

Viewing 8 posts - 1 through 8 (of 8 total)