Friday, June 22, 2012

Should We Allow MLM and Network Marketing?

Lottery Number Generator :

scam - a dishonest scheme; a fraud: [with adj. ] an insurance scam.

When I was younger there was a very clear definition of this word. This was before the internet, MLM or Network Marketing. It was clear that if someone was scammed they had been relieved of something valuable (usually money) for nothing in return (or consideration, to use a legal term). Scamming was done by people with the intent of being dishonest. Such people will always find a way. These days they can duplicated your ATM card or credit card and find your PIN and, hey presto, relieve you of your money giving you nothing in return. There are people who forge money or gems or tell you you've won the Spanish lottery when you haven't even played it. These are scams.

Today, unfortunately, this word is all over the internet. Sometimes even in its correct context. You see, the internet has given many people a voice. It has given everyone a voice. This article website is a perfect example. It allows me to jot down my thoughts and opinions for the public to see and it allows them to respond with their own opinions. Nice.

It also means that people's opinions ma be taken as unverified fact. It's a double edged sword. I know many of you who read this are in the network marketing businesses and MLM opportunities. Opportunities that offer people the chance to become business owners and build teams, a chance at empowerment to make their own decisions. I am sure that you believe in the products that you sell as well as the compensation plan otherwise you wouldn't be successful, right? You understood the risks, the numbers and you read the terms and conditions, right?

So what happens when someone doesn't make it in this industry when the statistics show that only 3% will? Should we close down this type of business model? Should we stop franchises or bricks and mortar businesses where there is a two year break-even period and perhaps only a 9% long-term success rate? Should we allow lotteries where the chance of winning is astronomical?

Are these scams because the success rate is so low?

Do we have an obligation to the majority to deny an opportunity where only a minority will succeed?

As always, I look forward to your comments and leave you with this quote from the Buddha;

"Do not believe in anything simply because you have heard it.

Do not believe in anything simply because it is spoken and rumored by many.

Do not believe in anything simply because it is found written in your religious books.

Do not believe in anything merely on the authority of your teachers and elders.

Do not believe in traditions because they have been handed down for many generations.

But after observation and analysis, when you find that anything agrees with reason and is conducive to the good and benefit of one and all, then accept it and live up to it." Buddha


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