New Delhi(mlmnewsblog) Dear fellow networkers, is Speak Asia a fake company? Now it’s a million dollar question but the real question is, does network marketing or MLM legalized in India? The answer is not yet. What is going on in India? If an MNC company or an Indian MLM company is given ROC, open offices and given sales tax registration, bank formalities done and launches the MLM business. But when problems arises, then the police and the court say these companies are illegal and are running money chain scheme and at last cases are registered under prize & chit fund scheme Act. 1956., (more…)
Category: MLM Resource
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Pyramid Schemes vs Multi-level Marketing Business
Most confuse Multi-Level Marketing with ponzi pyramid schemes, frankly speaking both are very identical, at times it becomes difficult to separate one from another. Many ponzi schemes are running disguising as an MLM. As you know the famous and great structure of pyramid, it is narrow at the top and becomes wider at the bottom, same is in MLM and in a ponzi scheme, the commission distribution is highest at the top & decreases at the bottom. People at the top make big money and it decreases as we go down and same is with a ponzi scheme. I know we are not hear to discuss about how money is distributed in both but to know the real difference between them. (more…)
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Learn the art of handling No in Network Marketing
Learn the art of handling No in Network Marketing & why it is important.
Why again & again, it is said to every professional Networker to learn the art of handling “NO Business” in multi level marketing. In a research some facts came out that 67% of prospective buyers that tell you “no” today will be ready to buy in the next 12 months,
80% of leads you consider to be “dead” will buy within the next 2 years. It proves that a prospect is never dead for you. Either today or tomorrow, he or she will say yes at some point of time. This can happen only when you stick to roots & keep moving forward with new people. (more…) -
Right Time to Start Network Marketing (MLM) Full Time
When is the right time to take Network Marketing full-time job? Mostly people ask this question to their uplines and the obvious answer they get is ” Right Now”. I don’t agree with them, you know why? The success ratio in network marketing is between 3 to 7 percent. Network Marketing is just like any other business in your vicinity. Did you ever notice that out of 7 grocery shops, 3-4 closed after a year. The reason of there closer could be because they did not study repercussion involved in grocery business, mostly demand & supply and risk factor. Same, here in Network Marketing, we must give a thought to it, before taking Network Marketing 24/7. (more…)
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Easy and Speedy, New way of doing Network Marketing
Facebook has become the new social medium for many across the world to interact, share, express and see each other’s faces. Some estimates that by 2012, there will be 1 billion people interacting on Facebook. It has become a very important tool for the network marketers to share things with people on Facebook. I must tell you one-thing, many are doing the wrong way. I tell you how, even without thinking for a second, many are just flooding other’s wall with messages. The person who is flooding others wall does not know that the person, whom is wants to see the link, did not even gave a glance. Why he/she did not look for a second? (more…)
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Win with Team or Die as Individuals
Network marketing has been a wonderful industry, many MLM Gurus have shared that, there can’t be anything better than network marketing, where you help others and in return you are helping your-self. Here relationships come first and money is just residual, companies come and go, but people stay here.People who are able to look beyond their needs and help team members to grow become leaders of tomorrow. Leadership develops with time, they are the one who can look beyond what others can not see. At times people ask, what is the best way to work in network marketing. First, work under a good leadership, that does not mean only your direct upline but the most successful upline above you. See if your leader is ethical, with good character and always a helping hand. The moment you see you have come across the right person, just learn more and more from them, rest you just have to replicate. It’s is your journey, you have to discover it. (more…)
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Things to know before making money from online surveys firms
May 09, 2011 11:34 PM |MLM News Blog Editor
Things to know before making money from online surveys firms.
By now someone must have shared that how easily one can make online income by just taking few online surveys, which pays you around Rs.900 a week. There is just one simple requirement to become panelists of these online survey companies and that is joining amount, which varies from company to company, minimum of Rs.3500 to Rs.11000. More money can be made by making other join under you. Not too long many investors lost money is investment plans. Some gullible people were promised that their hard-earned money was being invested into stock market, mutual funds, real estate, high return investment plans. Once the saturation comes in the business, they flew from the market. Rest everyone knows what happens. (more…)
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How to Avoid Getting Scammed by Paid Internet Survey companies
April 27, 2011 7:55 PM |
A nation of 1.21 billion people, one of the fastest growing economies in the world, With 467 million workers, India has the world’s second largest labour force. The work force explosion of working-age people in India could serve as an engine of economic growth or bring social turmoil in coming years if jobs are not created. Network marketing in India, has been a good option for people, few have been absorbed in home based jobs.
Now internet based job is a new phenomenon, a promising one, like data entry job, survey job, watching ads etc,. Two ideas have been incorporated into network marketing. Survey based MLM jobs are experiencing unprecedented growth. If we look at them closely, most are copy cats of each others business concept. They don’t want to be left, after all people are joining such lucrative MLM plans, without realizing, that they are being scammed. There are also genuine survey based online companies, but the question is how to identify them. These are some points given below that will help you identify the right survey based company.
Better Business Bureau (BBB) – Website
To Your Success in Business & Health in Life,
Ak Sharma Editor,You can reach me at [email protected] or connect with me on Facebook -
Why do People Fall into the Scam Trap
Have you ever asked yourself that why do people fall into MLM scams? there could be many reasons. First, temptation of earning quick money, uneducated person, the lie is so big that we do not want to seek the truth. In my earlier article ( Ask Powerful Questions), we must know our action. If actions taken in advance with some powerful question, you will be more aware about the company. It will help you answer new prospective. The more knowledgeable, better judgement.
If you are planning to invest then read below, it will help in understanding the company.
Do share your thoughts on this topic.
To Your Success in Business & Health in Life,
Ak Sharma Editor,You can reach me at [email protected] or connect with me on Facebook -
Ask Powerful Questions
To reach at a safest harbor, you must navigate right but at the right time, otherwise you will be lost in the sea. Why to ask powerful question? Not only around you but at a regular interval ask your-self those questions which matters to your future. Powerful and important questions will lead you to the solution to an issue or challenge at the right time and if you don’t ask, you will always be confused.
In business, outstanding players are wonderfully good at getting to the right question. It helps them reach and offers them the missing piece they need to find. And it’s continues process. In life, if you keep asking powerful questions, it will lead you to new possibilities and horizons; it will also help you see things with new perspective.
In network marketing, people who are new to MLM, ask many questions. I remember one incident; I was at the office of my previous network marketing company, where a newly joined representative asked his upline some valid questions related to the company. The upline could not reply to his questions. And on the second day, this new representative came to know that, people at the company are calling him negative. He gave an interesting answer to that, “downlines are always negative, it’s upline’s responsibility to make him positive”, he was right, and after the incident, newly joined representative left the company. Whose loss was that? He could have become a next performer in the company. Never for long leave your downlines pondering over set of questions, if you do not have answer, ask best next person available in the company.
Progress of any kind depends of questions that one must ask. This is one way of evaluating your performance.
I was reading Robin Sharma’s wonderful piece of work, whenever he is on leadership development work, he shares six set of questions with his clients.
- What one thing- if I did it – would profoundly improve the way I work (and how I live)?
- What needs to happen between now and the end of next 90 days for me to feel that this is the best quarter of my work and personal life? (Remember, clarity proceeds mastery.)
- Who do I need to express appreciation to? (Make your list long.)
- What would I like to improve, professionally and personally?
- What could I be grateful for that I’m currently not grateful for?
- How do I want to be remembered at my retirement party?
To Your Success in Business & Health in Life,
Ak Sharma Editor,You can reach me at [email protected] or connect with me on Facebook