Having a good chat with ah joe just now about MLM. Dont hate it, but dont like it at all.
Money just spoils everything..dosen it.

MLM, what is it?
--Multi-level marketing, a stratagic business plan adopted by company and organisations.
According to dear ah Joe, a business student, such thing was banned some time ago in Singapore but recently, it's been surfacing up again cause the ban was actually lifted.
Why was it banned? People got cheated of their money when companies responsible for the worker's paycheck somehow close down,vanish, play hide and seek, play thickskin etc etc.
MLM, how it works?
--By the branching / networking method. U at the top, have this group of ppl as your underlings. They, form their own group of underlings, so on and so on. From there, each trophic level earn by drawing commissions from what their underlings, underling's underlings, underling's underling's underling blablablabla.... pro plan. but take a look, who's earning the most here?
MLM, why is it popular?
--The concept of OTOT, own time own target. This attracts primarily people ranging from 16 to working adult ages. OTOT concept cater to the needs of students as it does not restrain them from studies. Working adult might take this as a secondary job appointment, since they have a stable income from their main job.
MLM, what does it do?
--Basically marketing. They promote you this product, you "invest" ur money to buy and try it out, then you "invest" more money to buy samples to distribute to fwens to try out. From there on, you get hold of potential clients of the products. May be healthcare supplements, equipments, etc.
MLM, how to be successful?
--You reap wat you sow, but to sow, you need a big network, holding a significant amount of potential clients of the product. These products caters more to grown-ups ( definition of grown-ups = those who sloutch their lives away to get money, and all the mortal desires that blinds them from looking at the other good side of life). Hence, at age 16-20 , the chances of finding such potential clients is at its minimal.


Oo look how much ive picked up from a business student while sharing with him about .....certain private issues relating to MLM. Well, my post does not pinpoint nor criticise on anyone or any companies adopting this business framework but its only a mini wikipedia of my own. Statements are definitely not objective, take it at your own thoughts.