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"Do you personally know someone who has successfully made a fulltime earning with a Multi-Level Marketing Business? (MLM as in an 'Amway'-type business)"
Total Responses: 8
Comments
![]() Not once have I seen anyone make a living out of network marketing. Its always been the same people who get into these schemes over and again.
ceenick
07/03/08
Yes. It's true. Some lucky one could make a living with multi-level marketing business. However, I do not think they should be around. The guy I'm talking about sell insurance and other financial products. Yet, he's doing that only for sales. He never care whether a life insurance is suitable for the person or the family, or whether a retirement plan is good for the retirement. He just sales anything for the living. I did review those he sold. I found that he enclosed too many unnecessary rider, including penalties if you want convert your investment to a Roth IRA. Basically, he is eating blood from the person who hope to have nice retirement. I really think governing body should revoke his license to sell financial products. Well, that's life. Not everyone could see what he/she really get, especially complexed investment. It's up to the licensed person to hold ethics standard. There's always someone at the office who is into it. Funny thing is that they could never seem to quit their jobs. I listened to a Prepaid Legal services, from a couple of friend's invitation, a few years ago. I did not sign-up but was quite impressed and convinced. Just a few days ago, I ran in into the same friend. Not quite has changed since that presentation. |
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