MLM News

Category: MLM Resource

  • Stay away from MLM Plans with Fixed Monthly returns

    Some MLM companies are openly flouts SEBI norms and offers 120% returns in a year through stock market investment and it has not only with such plans. Some netwrokers are offering such high returns with FOREX plans, even after knowing that FOREX trading is banned in India as per RBI. FEMA makes it illegal. There are many other plans, who fall in the same context, they have something to do with internet.

    My suggestion to all hard working people would be that stay away from networking plans, who offers monthly returns. Below is the report which was covered in the month of December 2010,  many knew about it, still people had faith on the company, their MD, and of course uplines.

    Always use your mind and judgment based on research.

     

     

    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 MLM Scam happens, because we let it happen

    Gandhian Anna Hazare, was on fast for 4 days, he did something, which most questioned, as it looked impossible, government agreed to go on a draft on Lokpal bill with public and by now you must be aware what Lokpal bill is? Every news channel in India has been flashing updates about Anna Hazare’s protest at Jantar Mantar and how he made government bend. Let me tell you more, Anna Hazare is a modern day Gandhian follower. 78 years old man is leading the mission, where youngsters are his followers. You must be thinking, what is the relevance of MLM with the protest of Anna Hazare at Jantar Mantar.

    Our country is bleeding with corruption and scams, right from top to bottom, from a peon to a minister, we are being hackled for minor things, and corruption is rampant, so in MLM. Here in Network Marketing, scams are coming in disguise. MLM Scams are just changing faces from time to time, and the one, who understands, just remains mum, reason, he does not want to focus on something which is negative and when finally an MLM scam is exposed. He is first one to give speech to people that he knew it, that it was a scam.  His wisdom words could have saved a poor man’s hard earned money, if had politely shared his views earlier.

    “If knowledge is shared, it leads to value”

    I’m not saying that you should defame an MLM company, just because you think so, before you express you thoughts, do your research on the company, and come up with points, that why such a business concept would fail in no time.

    Network marketing is a wonderful industry only if we do it ethically and we also know that whenever we share our business opportunity with public, in their mind, they think it is going to be the next MLM scam. And they just look at you, but knowingly they are not even listening to you. People have lost faith and confidence on us.

    Let us take a stand, whenever we come across any such information where people could be benefited. We will share it with others, now a wonderful medium is also available to us, social networking through internet like, Facebook, Orkut and many other countless sites.

    The very first day MLMNewsBlog.com was started the main aim was to inform and make people aware at the earliest, so that many could be saved from scams. Network marketing is a business of helping each other not looting each other. We have regular subscribers to our website, which gets regular feed updates. If you get any news on MLM, good bad or ugly, do share with us. If we find it to be authentic and true after our research, then we will publish it our blog news section. Just email us at [email protected]

    Let us take a stand together.

    To Your Success in Business & Health in Life,

     Ak Sharma
    Editor,
    You can reach me at [email protected] or connect with me on Facebook

  • How to avoid scam in MLM

    Know you company in Network marketing (MLM)

    Banking sector in India has initiated ‘KNOW YOU COUSTOMER FIRST’, why can’t we do the same in Multi-Level Marketing (MLM). I have come across many networkers who are interested only in companies, who are doing ethical business, for some it does not really matters; they are interested only in quick money. Some in Network Marketing business question, the whole concept of ethics in MLM.Do ethics still exist in today’s competitive market? Where everyone is in the league of cut throat business. I would say yes, it is not for how long that company remained in the market, keeping ethics forefront and collapsed after some time.

    Question is, when an MLM company collapses, the people who joined at the bottom, feels cheated. Mostly the reason, why an MLM company collapsed is due to these reasons:-

    • Distributing more money to associates than actually collecting.
    • Business plans sound very lucrative, but for longer run, it cannot sustain.
    • New joining rate is very slow; companies with sound business plan needs a minimum joining rate in a month to sustain.
    • Are they following ethics and business conduct in case of fraud done by an associate?
    • Check their registration, whether they are registered in your country.
    • Are they registered with DSA & DSAI; it’s always better, but not mandatory.
    • Know the intentions of people who are running the company.
    • If you find anything suspicious, get it verified independently, rather by your uplines.
    • Check it on Google, like type your company name and scam eg, (company + scam)
    • Talk to top achievers, figure out what they are upto.

    Everyone in this business has good potential, but every time after some time joining a new mlm company and then creating a team is a daunting talk, be careful about your company.  It’s better to be a slow learner, but take your steps wisely.

    Share about your MLM company in the comment section.

    To Your Success in Business & Health in Life,

     Ak Sharma
    Editor,
    You can reach me at [email protected] or connect with me on Facebook

  • Questions and answers on Facebook, how it can help you in MLM

    Facebook has started a new feature where you can ask questions to your friends, it could be an advice, some suggestion, or you can ask for a new restaurant at in the town. This new interactive feature has something for everyone.

    The moment I came across this feature, I too asked some questions to friends. Not only my friends but my friend’s pals in their list also participated. This feature is not private, anyone can see and answer, so be careful. The question is how it could be useful to you in network marketing.

    Please do not bombard your friends with questions, ask them some relevant and to the point questions. Getting back to the point, networking had been a business of exchanging view and ideas. Ask your Facebook friends about like which plan is the best and why they are attracted to that plan, for how they have been into MLM Industry etc…

    Have fun with Questions and answers at Facebook!

    To Your Success in Business & Health in Life,

     Ak Sharma
    Editor,
    You can reach me at [email protected] or connect with me on Facebook

  • How to keep you safe from MLM scams

    Some consider that there are legitimate Network marketing companies which have good MLM business plans that last for long and along with them every year we see scammers in MLM come up with tailored made plans to cheat people. It has not been long, few years ago; someone came up with non-working or growth plan. The business plan offered, the earlier you join, the faster you will make money, of course that is true in MLM but the catch was that we do not have to work at all and in one year’s time their invested amount will turn into 100 times, I wish government could offer such a scheme, but never the less people lost their money. Reason, either the investor was illiterate or he got scammed or he got carried away, after seeing someone from “rags to riches”.

    The irony of the story is that, still there are people who are putting their hard earned money into such schemes. In past 4-5 years people have been cheated to the tune of hundreds & thousands of crore in India itself, but respite all this, the government is not taking steps to regulate network marketing . Though we have THE CHIT FUNDS ACT 1982, which is not enough to tackle present menace or may be the government has better things to take care like 2G scam, CWG scam, Adarsh scam etc.

    Let me share with you how we can identify an MLM scam

    • Duplication is must, without duplication a network marketing company cannot survive.
    • If company offers you that without working, without referring, still you will get returns on investment.
    • Say if you investing ‘x’ amount, by the end of year, company offers you 10 times of x.
    • Never get carried away, if the business plan sounds unbelievable.
    • Credentials of people, who are running the company, check their past records.
    • Don’t get carried away with the pomp & show.
    • Do not get carried away with the exorbitant money shown on a piece of a paper.
    • Check their registration papers; in India it is called Incorporation Certificate.
    • FOREX trading is banned in India, check with your local bank.
    • Do research on company profile over the internet; if you see that company has cheated someone then do talk to them, analyze and then decide.

    To Your Success in Business & Health in Life,

     Ak Sharma
    Editor,
    You can reach me at [email protected] or connect with me on Facebook

     

  • New Era of Network Marketing

    New Era of MLM has started. If you really want to be succeed then mustupdate yourself with the new emerging strategies. There was a timewhen MLM associates use to do door to door preaching about theircompany’s product and of course business opportunity, but now with thehelp of internet MLM associates are meeting new people from across theglobe. Though internet is a good medium to meet and enroll newenthusiastic people but ground work is equally important.

    Internet with social networking has revolutionized the Multi-LevelMarketing or network Industry. Social networking websites likeFacebook, Orkut etc, are playing vital role to sell & promote businessopportunities. People are also using these websites for differentreasons like to keep in touch with MLM communities, aware people, togain access to new strategies from well know gurus of MLM like RandyGage.

    “Time could never be better. It just depends how weuse to its optimum”.

    If you search on Google about Multi-Level Marketing, you will findmany resources which claim to be the easiest short route to MLMsuccess, but how worthy they are, is still a big question mark. Allthey ask you to buy their product at some price like $47, $99 etc, mysuggestion to you would be that you should read a lot and if you areplanning to buy something of this sort over the internet then make sure you do a detail research on the product, like asking other peoplewho have already bought. This process will give you a fair opinion about the product.

    There is a service of Google Called Google SMS; it provides latest alerts for free on your mobile phone on MLM News, Motivational Quotes,MLM Tips and more. It is currently available only in India. If youwant to subscribe then SMS: ON MultiLevelMarketing to 09870807070.Send this SMS and get SMS updates absolutely free.

    To Your Success in Business & Health in Life,

     Ak Sharma
    Editor,
    You can reach me at [email protected] or connect with me on Facebook