Author Topic: MLM/Networking is Legal; Pyramiding is ILLEGAL  (Read 8636 times)

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ferrariEverest

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MLM/Networking is Legal; Pyramiding is ILLEGAL
« on: Oct 08, 2011, 02:58 AM »
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HELLO PMT!

since napapagusapan recently & marami pa rin ang hindi familiar at misinformed about the network marketing industry,
it's my responsibility to share here para malaman ng lahat nang gusto sumubok ng MLM:
Network Marketing, Networking, or MLM = legal
Pyramiding = illegal

main differences
MLM
- has saleable, & affordable products
- a member mainly earns from selling products (either directly or indirectly; 'indirectly' means yung taong naengganyo mo na sumali ay nakapagbenta ng products)
- mejo mabagal ang kitaan, lalo na sa umpisa
- ang kita ay based on performance. therefore pwede mo malampasan ang kita ng upline mo kung mas masipag ka sa kanya
- tumatagal ang kumpanya dahil solid ang foundation , which is product movement. usually, 10-30+ years na ang kumpanya

Pyramiding scheme
1. usually has no saleable products
2. usually 'front' (pakitang tao) lang ang products
3. usually, mahal or overpriced ang products
4. usually, mabilis ang pagkita. kasi sa bawat marecruit mo, may kita ka agad.
5. a member mainly earns from recruitment, hindi sa pagbenta ng products.
6. ang kita ay base sa kung sino ang mga naunang sumali (pyramidal structure). therefore hindi mo pwede malampasan ang mga uplines mo kahit gano ka pa kasipag.
7. since nakabase sa recruitment ang kitaan, hindi tumatagal ang kumpanya., kaya walang magandang track record. usually +/-2-5 years lang ang lifespan ng kumpanya


* upline/sponsor = ang taong nangengganyo sa isang member na sumali
* downline = ang taong naengganyo mo sumali



personal background:
i am 29 years old & i  got 10 years direct & indirect experience with MLMs.
ang definition ko ng success sa MLM ay maging milyonaryo, makatulong sa kapwa (either gumaling sa mga sakit at kumita ng malaki). based on that definition, hindi ako nagsucceed.
reasons:
- iba ang priorities ko noon (skwela-- mahirap course ko, Engineering sa UST; & to be honest, girlfriend, sports & music  :D)
- sangkatutak na family problems
- mas nagfocus ako sa paggamit ng products kesa magpalago ng MLM business

unang MLM ko ay yung FLP. it is a FACT that maraming taga FLP ang kumalas na at naghiwahiwalay... yung iba sumali sa ibang kumpanya (binayaran para lumipat); yung iba nagform ng sariling MLM/pyramiding. hanggang ngayon, anjan parin sila sa paligid, active sa MLM.
it is also a FACT that karamihan sa naririnig nyo ngayon, na sinasabi, kinukwento, at tinuturo ng mga current/bagong networker ay galing sa FLP at mga nauna pang MLM dito sa Pinas (marami na ako naencounter to prove this... to be honest, hanggang kahapon, napatunayan ko uli ito).

hanggang ngayon, nagreresearch pa rin ako. inactive member ako sa dalawang MLM at isang Filipino dealership (mainly product user ako ngayon).
nagiisip ako kung mag-aactive ako dun sa dalawang MLM (na international) or sasali sa isa sa Filipino MLMs (buy Pinoy!, bayanihan!).
yung dalawang international MLMs are mainly into health supplements.
yung local dealership ay into organic, all natural personal care & beauty products.
so basically, nakamit ko na yung matagal ko nang pangarap/hinahanap kong companies (health, wealth, wellness, skin care). pero pinagiisipan kong sumali sa Filipino MLMs na kapalit nung naunang dalawa. pati yung mga kumpanya & products nireresearch ko.


matagal ko nang paniniwala na, i am quite sure marami aagree sakin, ang the best businesses in the world, & the best & fastest path to financial & time freedom, ay alin man sa/lahat ng sumusunod: (in no particular order)
- MLM
- Trading (stocks, forex, futures, etc)
- Real estate

so far, may experience na ko sa tatlong yan, (focus ako sa Trading for 3+ years now, which i'm very satisfied with), pero balak ko pa dagdagan experience ko sa Real estate in the near future.



almost 3am na, napahaba yung post ko. :D
i hope nakatulong sa inyo, lalo na sa bagong networkers.
remember, sali kayo sa LEGAL --- mas importante ang dangal/kunsyensiya kesa pera pera. mahirap magkaroon ng true happiness kung nakakuha ka ng magandang resulta sa maling paraan
be patient, focused & determined.
seryosohin ang negosyong napili nyo.
wag magQuit!

Good luck!
« Last Edit: Oct 08, 2011, 03:56 AM by ferrariEverest »
What would you attempt to do if you knew you could not fail? - Robert Schuller Don't limit your challenges - challenge your limits.

kimerran

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #1 on: Oct 08, 2011, 05:30 AM »
thanks sa post. By the way, how would you know kung legal ang isang MLM company?

paul6151

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #2 on: Oct 08, 2011, 03:25 PM »
The easiest way is to check Direct Selling Association of the Philippines... http://www.dsap.ph/ , if the company is listed, for sure legal yun... if international ang company, you can check the world federation of direct selling association: http://www.wfdsa.org/

ferrariEverest

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #3 on: Oct 08, 2011, 11:18 PM »
kimerran,
basahin mo yung post ko sa itaas para malaman mo.

btw, nacheck ko na website nila dati. konti naman laman hanggang ngayon, baka  under construction.

nakita ko tong video ng DSAP. check niyo to (practically similar to what i said above... they have an 8-point Test :cool2: )
http://www.youtube.com/watch?v=f2gL5SjvwAk

For questions or complaints, contact DTI
Tel.# 897 7384
i-reklamo@dti.gov.ph
Text to 2920: DTI <space> Comment
« Last Edit: Oct 08, 2011, 11:30 PM by ferrariEverest »
What would you attempt to do if you knew you could not fail? - Robert Schuller Don't limit your challenges - challenge your limits.

Dos

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #4 on: Oct 09, 2011, 10:39 AM »
Bumili ng referrals?

Something is wrong here.

A marketer must know his/her market. You want to sell something to people who need or want that thing you are selling.

It is foolish to sell meat to vegetarians.

allanmm13

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #5 on: Oct 09, 2011, 01:28 PM »
@Dos, theres nothing wrong in buying referrals as a new way of thinking in making money online with my new found system.

heto ba yung tinatawag na Marketing Funneling?
Pinoy Cashflow-Financial Bootcamp in Dubai & Abu Dhabi Bootcamp Primer - CLICK HERE UAE - 0557235749, pinoyfinancialbootcamp@gmail.com

mjtfernandez

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #6 on: Oct 09, 2011, 10:24 PM »
^Thanks for the post ferrari. I definitely agree that pyramiding schemes does not allow a free capitalism society since it is based on a social hierarchy. Once the uplines are there, it is impossible or almost impossible (only 1% chance) that you will exceed the income of your uplines. Unlike in insurance, it is easy to surpass the income of your managers and the promotion is fast based on your qualifications and awards in your resume. Bilib nga ako sa mga insurance agents sa Singapore, ang babata pero Singapore dollar millionaires na.
Top Financial Advisor of Insular Life. Request for a FREE life insurance, health, investment quote online at my blog site at mjtfernandez.com

ferrariEverest

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #7 on: Oct 10, 2011, 12:39 PM »
....
thanks for sharing.  :cool2:
mag-inquire ako sayo next time tungkol jan.

anyway, masasabi ko lang is.. ok ang MLM. ang main problem is pag "saturated" na ang market.
so bukod sa adsense earnings as one of my passive income, I am now joining a very promising "High Yeild Investment Program (HYIP) system".
Maraming klase ng HYIP pero kakaiba sa system na ito ay naka design sya to be "Indefinitely Sustainable".
thanks for sharing your views.
this is an MLM-related thread so avoid posting about HYIP.
imho, HYIPs are generally scams. & IMHO, walang 'Indefinitely Sustainable' na HYIP.
may kakilala ako foreigner na mahilig dati sa HYIP, i'll ask him about this. yung huling usap/PM namin about HYIPs, sabi nya 'dont waste your time with HYIPs'
@Dos, theres nothing wrong in buying referrals as a new way of thinking in making money online with my new found system...
as far as i know, hindi yan 'bago'. matagal na yan.

please create your own thread. this thread is specifically MLM-related & for people unfamiliar sa MLM/Pyramiding.

on topic:
malabo ma-saturate ang market, kasi
- maraming tao sa mundo
- depende sa product ng MLM, mahirap o mayaman ay pwede mag-avail ng  product/s
- mas maraming tao ay utak employment at ayaw magbenta &/or hindi sanay humarap sa tao
« Last Edit: Oct 10, 2011, 12:44 PM by ferrariEverest »
What would you attempt to do if you knew you could not fail? - Robert Schuller Don't limit your challenges - challenge your limits.

mjtfernandez

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #8 on: Oct 10, 2011, 03:21 PM »
^Thanks for the honesty reluma. I had some bad experiences with MLM. One time, someone told me that I just need to buy x worth of products and they (the ones who invited me who are my uplines) will be the one to put left and right downlines because sabi nila left and right lang daw. Pag naubos nila ang left and right, automatically ilalagay nila sa ilalim ng left (which is me) and right (another person) nila (hope i explained it well). Hindi ko alam na to be an active member, you need to keep on buying every month x worth amount of products. (nanlaki yung mata ko) I wasn't told but since I acted on greed, it just served as a lesson. Ever since then hindi na ako nag MLM kasi napaso na ako.

Just my 2 cents.
Top Financial Advisor of Insular Life. Request for a FREE life insurance, health, investment quote online at my blog site at mjtfernandez.com

allanmm13

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #9 on: Oct 10, 2011, 03:35 PM »
@reluma

You can also google now adays "offline marketing" para malaman mo kung lokohan lang o totoo ang isang serbisyo o produktong inaalok sayo. :)

So either offline or online man yan, marami ka na masesearch about them.

Pinoy Cashflow-Financial Bootcamp in Dubai & Abu Dhabi Bootcamp Primer - CLICK HERE UAE - 0557235749, pinoyfinancialbootcamp@gmail.com

mjtfernandez

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #10 on: Oct 10, 2011, 03:41 PM »
^pero sometimes hindi ka na makakaalis pag nakausap mo na ang magaling na network marketer. sa sobrang gusto mo nang umuwi bibili ka na lang kasi hindi ka nila tatantanan (parang si Mike Enriquez: Di ko kayo tatantanan!)
Top Financial Advisor of Insular Life. Request for a FREE life insurance, health, investment quote online at my blog site at mjtfernandez.com

george88

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #11 on: Oct 10, 2011, 04:20 PM »
Maraming pilipino ang hirap umintindi ng online at tamad marami lang adik sa FB at FB lang gusto nila dahil dun puro tsikahan ligawan mas maraming non sense na bagay kesa kapaki pakinabang...sa offline nga sasakit na ulo mo ikaw mageencode ng mga new member mo kasi wala pa sila idea at kahit meron na ikaw pa rin kasi leader ka nga eh hahaha... Remember baby boomers target ng MLM hindi Y generation... Ang baby boomers matalino pagdating sa MLM produkto hinahabol nila bihira lang ung sa kitaan tumitingin ang Y generation ang mga mukhang pera sa comp plan natingin hahaha...
Do not cry for Money it doesn't cry for you

ferrariEverest

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #12 on: Nov 02, 2011, 02:16 PM »
para sa mga baguhan jan sa ganitong negosyo....

bump bump
What would you attempt to do if you knew you could not fail? - Robert Schuller Don't limit your challenges - challenge your limits.

joconcepcion

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #13 on: Nov 02, 2011, 02:24 PM »
pasensya na anong bang ang ibig sabihin ng MLM? Sori po tao lang at baguhan pa...

ferrariEverest

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Re: MLM/Networking is Legal; Pyramiding is ILLEGAL
« Reply #14 on: Nov 02, 2011, 02:31 PM »
Sir,
MLM = Multi-Level Marketing
research ka sa internet or kung gusto mo libro, bili ka books ni Josiah Go (local). i recommend them
What would you attempt to do if you knew you could not fail? - Robert Schuller Don't limit your challenges - challenge your limits.

 


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