tag:blogger.com,1999:blog-5576018960973115197.post3957009233052300117..comments2024-01-15T02:20:27.230-08:00Comments on The MLM Syndrome: MLM and "Rise of the Entrepreneur" Part 1John Doehttp://www.blogger.com/profile/05186871105223753934noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-5576018960973115197.post-78489236956060766262017-07-24T09:44:40.509-07:002017-07-24T09:44:40.509-07:00Kwaaikat --
Thank you for your comment! It is tru...Kwaaikat --<br /><br />Thank you for your comment! It is truly bizarre to sit through a video like this with eyes wide open because facts are non-existent, and it is hard to call it spin when it is outright lies. <br /><br />I'm glad you are really into numbers and the real business side of this sham. It is the one thing these charlatans can't cover up, no matter how hard they try. My favorite example is the revenue to employee ratio for Walmart versus the revenue to ratio for any MLM. They throw out these numbers in the billions as if they are impressive, but of course the truth reveals a very different story.<br /><br />I don't think it is possible for people that watch this video, and think it is good, to objectively sit and listen to the criticism. They have too much denial and cognitive dissonance to be able to hear a differing opinion, even if the differing opinion is logical and calm. <br /><br />These people have been hypnotized by the masters of deception and they won't come out of it until they have lost everything.John Doehttps://www.blogger.com/profile/05186871105223753934noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-53808025621337698922017-07-24T07:44:15.772-07:002017-07-24T07:44:15.772-07:00Every time I watch this video, it keeps on produci...Every time I watch this video, it keeps on producing gems.<br /><br />At 28 minutes, the claim is made that MLM pays out 71Bn USD worldwide, annually.<br /><br />At 30 minutes the claim is made that MLM involves 112 million people worldwide (16 million in the US, 96 million in the rest of the world). <br />Both numbers sound impressive in isolation and I'm sure are intended to provoke gasps of amazement, and perhaps ammunition to mock detractors and to quash any perception that this is not serious business.<br /><br />But 71Bn in payouts to 112 million people means each person involved gets the grand total of $633.93 annually. That is $52.83 per month. Before expenses. And that is from figures used in a promotional video, one would assume were picked to make the industry look good.<br /><br />This is especially horrific because shortly after, in an attempt to address the allegation that guys at the top cash in disproportionally, it is mentioned that roughly 500 individuals earn over a million, meaning the remaining 70billion USD is distributed amongst most of the rest (112 million). That in reality brings paltry $52.83 down slightly further, but the interpretation that they narrator gives, is that the guys at the top together take very little, and the rest earn "anything between a few hundred to a few thousand per month".<br /><br />To claim our facts are different and selectively spin the sources is one thing. But to mention the facts according to your view (which points to $52) and then casually mention to the audience most of whom unfortunately you correctly assume won't do the math, that the figure is between a few hundred and a few thousand!<br /><br />The problem is, would you get someone who is enthused by this video to sit down for five minutes to assess this?kwaaikathttps://www.blogger.com/profile/00062244111197155720noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-54134516553506099612017-07-18T05:27:19.031-07:002017-07-18T05:27:19.031-07:00Hi Kwaaikat --
Thank you for your information on ...Hi Kwaaikat --<br /><br />Thank you for your information on Dent! That guy had some significant issues throughout the video, but I didn't focus on it because I'm not as familiar with him and his work. He was the one who threw out the ridiculous debt numbers, which by my understanding, would have meant the economy would have already blown up if the numbers were accurate.<br /><br />I believe Harry Dent, much like Kiyosaki, Worre, Maxwell, Robbins, and these other "Prosperity messiah's" have found a legal loophole to extract tons of cash from vulnerable dupes. These guys have found ways to make their narcissism pay, and I agree that the "teachings" they do are far worse than any bank robbery. The amount of financial wreckage they have caused is probably staggering, and I hope we can have a change in legislation one day.<br /><br />Thanks for the awesome comment!John Doehttps://www.blogger.com/profile/05186871105223753934noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-50749529935966180252017-07-18T01:33:16.298-07:002017-07-18T01:33:16.298-07:00I see Harry Dent also makes a few appearences in t...I see Harry Dent also makes a few appearences in the video (his face is also the thumbnail image of this video on my browser). Maybe my comment will show the quality of the various "expert" opinions they've hired.<br /><br />Harry Dent makes a living of making wild economic predictions, and afterwards cherry picks the ones that could be construed to have landed somewhat close to what transpired. He uses this quasi authority to write MLM motivational books and for appearances in marketing videos like these. There he is introduced as a renowned economist, even though a little research quickly reveals he commands no respect in the investment fraternity, and here I'm talking about guys that are hungry for cues on where to make money! I was treated to one of Dent's CD's by a N21 friend who thought that I would find the CD thought provoking. I did, but not the way it was intended. My thoughts were more along the lines of "How could they trap people with THIS??". Dent uses demographics (the baby boomers retiring) from which he claims he can predict the timing of ALL economic booms and downturns. His argument is there's a major crash ahead (thus was two years ago) and many businesses will fail and people will loose their jobs. Better start your own business, and what better than MLM, followed by the "low startup costs" lie. (That's material for another essay - MLM startup costs. If it takes years to make noney, then your registration fee is not the sum startup costs!! ). I tried in vain to talk sense into the friend who has been in for many years, it's like hypnosis, their minds close off when challenged to think critically about their newfound dream even in the face of lack of results. The Dents and the Kiyosaki's (and I suspect a few others in the video) are the ones that reel in the money from selling false hope to people who use their savings and precious time to buy this false hope. In terms of direct effect on victims, a cleanly executed bank robbery may well be a less serious crime than this.kwaaikathttps://www.blogger.com/profile/00062244111197155720noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-33190156382412988892017-07-17T06:46:27.924-07:002017-07-17T06:46:27.924-07:00Hi Anonymous --
Thank you for your comment! I wil...Hi Anonymous --<br /><br />Thank you for your comment! I will never forget when I went to a WWDB "Freedom Enterprise Days" convention and heard from one of the "Crowns" about the success percentage. He literally told an audience of 8,000 that .1% of people will make it to diamond which is effectively 0, and then tried to suggest that everyone has the opportunity to succeed. The roars from the crowd with excitement left me in a daze and I felt I was the only one that heard the statement correctly. It felt like a weird bait-and-switch technique. <br /><br />Brad Duncan might as well have said, "Sure your failure is guaranteed, but so is death, so sign up today!"John Doehttps://www.blogger.com/profile/05186871105223753934noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-20657420207417700112017-07-16T16:04:16.122-07:002017-07-16T16:04:16.122-07:00I watched the entire film clip. What a load of ca...I watched the entire film clip. What a load of carefully crafted, glib, choreographed horseshit.<br /><br />One thing is clear -- the clip shows that MLM promoters have been reading all of the anti-MLM blogs -- including this one, Joe Cool's, and Anna Banana's -- very carefully! Worre and the others went out of their way to try and refute all of the many complaints and criticisms of the MLM ripoff, and they did it by acknowledging that much of the criticism of MLMs is solid and honest. Of course, they then tried to elide over the entire problem by admitting that it's not for everyone, that it takes much hard work, that it's not a get-rich-quick scheme, older abuses have been corrected, etc. etc.<br /><br />Naturally, they had to end with the usual "have a dream" speech, and the utterly predictable sentimentality of letting that big red balloon go off into the sky. Pure, mindless, corporate hype!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-69062539481277668392017-07-16T12:25:02.340-07:002017-07-16T12:25:02.340-07:00Thank you Anonymous!
That is very interesting tha...Thank you Anonymous!<br /><br />That is very interesting that this movie is being used in the Czech Republic. I know that Worre has extensive viewership since he had sponsored many thousands while he was a MLMer, but I wasn't sure how well that translated into his "teachings".<br /><br />I didn't notice that Worre actually said that the sales per MLMer is going down. That should further prove that this is a scheme and the only way to sell these snake oil products is to recruit more downline members and make sure they are buying monthly.<br /><br />I'm interested to see if MLMs will actually continue to get worse because of the transition from retail to internet sales in the U.S. Amazon seems to be purchasing their way into every major market space, and continues to destroy the retail brick-and-mortar sector. We are going to have an interesting time in front of us as more and more malls begin to shut down. I believe Amazon will start to be a more global influence in the future as well.John Doehttps://www.blogger.com/profile/05186871105223753934noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-62779547584362275692017-07-15T09:20:34.006-07:002017-07-15T09:20:34.006-07:00Great job John! Amway guys here in Czech republic ...Great job John! Amway guys here in Czech republic actually use this propaganda movie to hype Amway. I saw it and even wrote article about it. I like Wore comparing MLM to businesses like music or movie industry, because if he picks any retail shops selling food, cosmetics, whatever, the numbers are by far higher. Other important catch is, that while MLM industry as a whole is slowly growing according to Wore, sales per head are actually going down. So the message of the movie should be, welcome in the 21. century growing industry, where you will likely make less and less money. How ridiculous is that... Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-46324004583055737902017-07-14T10:53:17.120-07:002017-07-14T10:53:17.120-07:00Joe,
I absolutely agree, and mainly focused on Ki...Joe,<br /><br />I absolutely agree, and mainly focused on Kiyosaki's parts because people still believe he is a good writer and teacher. Not only is he completely illiterate, which is saying something because I'm not the best at writing English, but he is even dumber on video. <br /><br />Hopefully more people will see through him as well as Worre and start to make better financial decisions. We all have to work hard for our money, including these idiots, but at least we should get something of value in return.John Doehttps://www.blogger.com/profile/05186871105223753934noreply@blogger.comtag:blogger.com,1999:blog-5576018960973115197.post-81521022209208688962017-07-14T10:44:33.152-07:002017-07-14T10:44:33.152-07:00Any pitch that features Kiyosaki should be taken w...Any pitch that features Kiyosaki should be taken with a grain of salt. This man has never shoed any evidence that he's made a dime using his own techniques. He was just lucky that some Amway diamond decided to promote his rich dad book and sold it to a closed and brainwashed audience. Voila, he's suddenly a successful author!<br /><br />But his advice is obviously dangerous and inconsistent. I would avoid anything he is associated with. Joecoolhttps://www.blogger.com/profile/09121920263105613498noreply@blogger.com