Showing posts with label faulty MLM. Show all posts
Showing posts with label faulty MLM. Show all posts

Wednesday, August 1, 2007

Having TIME Means Everything

Unless you are one of the ultra-rich, it takes more time to earn more money. But money without time to spend it is a cruel paradox of life. So it is money + time that create true options in life.

How can one be successful with wealth AND have time with family and friends? It's virtually impossible. Ask anyone making a six figure income by himself (not two spouses added together) if he has the time he wants to do what he wants....I guarantee the answer is flat no.

My cousin Marcus, for example, has a thriving mortgage refinancing lead business. I know he earns well into six figures. But, he has little or no time to really enjoy all he has and worked for. I empathize with him. It takes so much time to keep all the balls in the air.


That's why I like MLM. There is no other industry where I can purchase a business for $50 and end up multiplying that by thousands AND have time left over for family -- or whatever it is that floats your boat. That is no risk in my book.

How can this extra time work out? It is THE concept that MLMers really get excited about, and rightly so: Residual Income.

(If you haven't watched the video with Hank H. regarding this topic, check it out.)

Residual,or passive income, is a beautiful concept if you understand it. Simply, it means receiving income now for work you did in the past.

For example, if I write a book and sell it, then I receive money for writing the book and selling it! Duh. But, what about when more and more people keep buying it for months or even years? That's right, now I am receiving income for work I did in the past. That's residual income. Powerful.

Monday, July 9, 2007

I Just Bought Noni Juice at Costco


I just bought a bottle of Noni juice at Costco for around $15. That's a great price, but you may not want to hear this if you are part of the Xango, Noni, Mona Vie frenzy going on out there.

These MLM companies are selling it for $30 or more, when you include cost for shipping and tax. What are people thinking? I asked about this problem to Albert N., a successful distributor from another company who sells juice from the Mangosteen fruit.

He said, "We process it very uniquely to capture all of the phytonutrients in the skins." And, he claims that people who have stopped his juice and started the cheaper stuff lose the healthful benefits. Not sure about that one. It's a tough sale, if you ask me. I spoke with a couple of people about this issue. Here were their comments:

First Guy: David S. told me, "Yeah, my friend is into this company where they sell this juice. I don't want to do that. Why am I going to buy something for $30/bottle when I can buy it at the store for less than 20 bucks?"
Second Guy: Jay M., my friend in Utah says, "Yeah, they want to get a patent but they can't. You can't patent juice. They want you to believe that their juice is different, but I'm telling you it's the same thing. Therefore, they have to sell you on the hype of the money you can make in the business."
You can decide for yourself. But make no mistake, there are juice wars going on out there. It's too much competition -- why not find something no one else has. And you if you really want some juice, pick it up at Costco next to the 20lb. bag of Cheetos!

-JustinW

Tuesday, June 26, 2007

JustinW Tells Truth about "Pyramids"

Struggling with "Pyramids", Multi-level Marketing, or Network Marketing?
Take your pick. Over the last 18 years, I have personally been involved with 5 MLM companies and have researched dozens. After having little or no success with most of them, I want to provide a forum for regular people to see the truth before they get involved.
  1. Truth #1 Only 2% of MLMers are successful in their "business"
  2. Truth #2 Most companies masquerade around with the motivation of "helping" people with their product(s). Actually, they thrive off of hype and create a false hope of big buck incomes by promoting recruiting people into the system.
  3. Truth #3 Many products can be purchased at local stores for much cheaper than what you can buy them for through MLM
-JustinW