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Multilevel marketing MLM discussion

seal avatar
Beach Lover
38,228 views
BUILD a real estate business. Go beyond being IN the real estate business. Wouldn't it be nice to be paid every Friday?

Build your business beyond the Panhandle. Build a nationwide business. We are expanding nationally, and in the near future, internationally.

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Replies

227
JoshMclean avatar
Beach Fanatic
#52
Re: Anyone know Fortune High Tech Marketing?

I don't really understand why you would say that. You see something and say run because you don't understand it. I see something that peaks my interest so I investigate further. Two different mentalities I guess. That's why this thread was started to see if anyone had information on it. It might be a scam I will let you know what I think tonight.
Blair avatar
Beach Fanatic
#53
Re: Anyone know Fortune High Tech Marketing?

That scheme ran through Memphis about 5 years ago.....They do everyhing possible to avoid it looking like a pyramid but when you cut through the sh!t, it is nothing but a pyramid. Get in on the ground floor and you can make some quick cash but will likely lose friends over it. See if there is a guy named Mark Younger that's in it....That's who pitched it to me....
JoshMclean avatar
Beach Fanatic
#54
Re: Anyone know Fortune High Tech Marketing?

Thank you for the information.
Kurt avatar
Admin
#55
Re: Anyone know Fortune High Tech Marketing?

I believe most MLMs that get very far are legal. That doesn't mean you should sign up. The ones I have seen are based on hype and duping people to some degree. The worst are ultimately based on preying upon the greed of family, friends, and the people in your community. This greed is often cloaked in talk of achieving hopes and dreams, in the form of cars, jewelry, homes, and stupendous vacations.

The bottom line is this - if you are able to be successful at MLM then you are the type of person who would be successfual at many different sales jobs. Successful sales of any product takes extreme hard work and perserverence. If you are suited for sales, pick a product and a company you feel reall good about.

I am interested in hearing how the meeting goes. After hyping the actual service and/or product, there is usually talk about getting in on the ground floor, and bragging about how many people so and so has under them, and the size of checks received.

Remember the general rule that 80% of sales are achieved by 20% of salespeople. I'd bet that in the case of MLMs those numbers are optimistic.
JoshMclean avatar
Beach Fanatic
#56
Re: Anyone know Fortune High Tech Marketing?

Excellent post Kurt. That's what I've heard from most people who have done it before. I know a couple people who have been very successful in different types of MLMs. They all say that it's just like any other sales job. You must be willing to put in the hard work and believe in what you're selling. That's what draws me to Real Estate.
Smiling JOe avatar
SoWal Expert
#57
Re: Anyone know Fortune High Tech Marketing?

If you really want to check out the company, run it through ClarkHoward.com. If it is not already on there, shoot Clark an email for the scoop.
SHELLY avatar
SoWal Insider
#58
Re: Anyone know Fortune High Tech Marketing?

Josh...you can join whatever sect you want--but I guarantee, if one of these MLM pyramid scams/schemes get their hooks into you, it won't be long before your friends, family and acquaintances will be ducking for cover when you walk down the street.

AND IN THE END, YOU ONLY END UP WITH WONKS LIKE THIS GUY IN THE VIDEO....(Sounds like these guys are homing in on RE folks since they know they may be getting a bit hungry)


YouTube - fortune hi tech marketing
.

Edited

Matt J avatar
SWGB
#59
Re: Anyone know Fortune High Tech Marketing?

Josh,

I used to work for Nextel, what this does is make you an indirect dealer for these providers. What it boils down to is that they have already produced the requirements to be an indirect dealer and then pass a small commission on to you. If your really interested in this please contact Sprint and ask them for an app. If I remember correctly you'll need the following:

A fax machine
A computer
A high speed internet connection
The ability to sell a product

They generally require a deposit of some sort to keep you honest and then you receive a commission on a monthly basis. Keep in mind if you are dishonest or don't follow thru with customers they will suck you dry on charge backs.
barefootguy avatar
Beach Fanatic
#60
Re: Anyone know Fortune High Tech Marketing?

I haven't heard of the company, but I think you'd need quite a few more product lines for many people to be bringing in 50k/month.

I had been involved with an MLM for about a decade. This business is partnered with huge amount of major retail/service companies, so other than fresh produce you're buying everything else (including real estate) through your own business. It was a wonderful time, I made money, spent money, built some great friendships, worked my tail off, dreamed big, and learned an awful lot. I'd still be slaving away in a warehouse somewhere if it wasn't for that business and the wonderful people encouraging me to do something with my talents and skills.

The sad part about a lot of business ventures is that the same wonderful people you learn and get encouragement from can cause the whole thing to crumble by getting greedy and trying to cheat the system. You can't get rich quick. You may be able to make some quick gains here and there. I more than tripled my income by quitting my job, but it sure didn't make me rich. Building a strong profitable business takes time, money and a whole lot of sweat and endurance. I had a good size, growing business that fell apart when we lost trust in the folks "upline" from us. It was like breaking my leg half way through a marathon. I gave up, crawled out of the way, and then took all I learned and put it into something else.

With an MLM you definitely need to sell your products, but to really have a strong profitable business you need to first help a handful of other people "under you" build their businesses. It can't be just about the money. You've got to care enough about pouring everything you've got into some other peoples lives.

Just thought I'd throw out my 2 cents.
Smiling JOe avatar
SoWal Expert
#61
Re: Anyone know Fortune High Tech Marketing?

Josh, have you been able to convince anyone else to sign up with you, yet?
Hollibird avatar
Beach Lover
#62
Re: Anyone know Fortune High Tech Marketing?

I dont understand what the problem is with MLM's... I know they work. The one I am involved with sells legitimate website domains. You just happen to get money for people who buy then under you,. You are paying for a website. and selling a website.
Jdarg avatar
SoWal Expert
#63
Re: Anyone know Fortune High Tech Marketing?

It sounds like stepping on other people's heads to make money. MLM = shady and fishy. Like Amway, Excel, Herbalife.

I'm not the biggest Wikipedia fan, but they give a great summary here:

"In the most legitimate MLM companies, commissions are earned only on sales of the company's products or services. No money may be earned from recruiting alone ("sign-up fees"), though money earned from the sales of members recruited is one attraction of MLM arrangements. If participants are paid primarily from money received from new recruits, or if they are required to buy more product than they are likely to sell, then the company is a [ame="http://en.wikipedia.org/wiki/Pyramid_scheme"]pyramid[/ame] or [ame="http://en.wikipedia.org/wiki/Ponzi_scheme"]Ponzi scheme[/ame], which is illegal in most countries."
Smiling JOe avatar
SoWal Expert
#64
Re: Anyone know Fortune High Tech Marketing?

I'm curious as to the number of emails Josh sent regarding recruiting vs the number he sent regarding selling the products of the MLM. I think the answer will tell us exactly that which he is selling.
Jdarg avatar
SoWal Expert
#65
Re: Anyone know Fortune High Tech Marketing?

I dont understand what the problem is with MLM's... I know they work. The one I am involved with sells legitimate website domains. You just happen to get money for people who buy then under you,. You are paying for a website. and selling a website.




[/URL]

[/B]I just looked at this website. Tell me again, what is the product? There is no product mentioned. It is all about signing up people. Scamola.

Why do people fall for these things? Many years ago, Amway people tried to get us to fall for their deal. It was so obvious from the get go that it was creepy- and Amway even had some product to sell. These new ones, like this Freedom.ws touted in the website above, don't even pretend to be on the up and up. Hollibird, you are better than this crap. So are you Josh.
Smiling JOe avatar
SoWal Expert
#66
Re: Anyone know Fortune High Tech Marketing?

Jdarg, although the website looks like it's all about how to make a bunch of money, I think it is supposedly about selling website domains, although I couldn't find where I actually sign up for to see if a name has been taken, nor do I see where I can purchase a domain name. However, I do see how to get rich quickly. Here's how one person did it:

The Movie Does All The Work.
"My income has almost doubled each and every month... All you have to do is invite people to watch your movie." →

I think it is funny that all the domain names for that company end in .ws rather than a choice of .com, .org, etc.

Edited

Jdarg avatar
SoWal Expert
#67
Re: Anyone know Fortune High Tech Marketing?

Jdarg, although the website looks like it's all about how to make a bunch of money, I think it is supposedly about selling website domains, although I couldn't find where I actually sign up for to see if a name has been taken, nor do I see where I can purchase a domain name. However, I do see how to get rich quickly. Here's how one person did it:

The Movie Does All The Work.
"My income has almost doubled each and every month... All you have to do is invite people to watch your movie." →

I know! I couldn't find anything but watching movies of people telling me how they doubled the income. Where are the websites to buy/sell?

So, it looks easy! You wanna be my business partner?:lol:
Smiling JOe avatar
SoWal Expert
#68
Re: Anyone know Fortune High Tech Marketing?

not if it means marketing it to all my friends, thereby getting on their spam lists. I'd rather keep my friends.
Jdarg avatar
SoWal Expert
#69
Re: Anyone know Fortune High Tech Marketing?

not if it means marketing it to all my friends, thereby getting on their spam lists. I'd rather keep my friends.

No kidding. I have a hard time selling stuff to my friends that I can't explain or something they can't eat.
SHELLY avatar
SoWal Insider
#70
Re: Anyone know Fortune High Tech Marketing?

I dont understand what the problem is with MLM's... I know they work. The one I am involved with sells legitimate website domains. You just happen to get money for people who buy then under you,. You are paying for a website. and selling a website.

Lots of Who-Ha on the web about ".WS" I must admit, this is the first time I've heard of it. I know a lot more about this MLM now than I care to (these MLM things fascinate me--the proliferation of which seems to be a leading indicator that folks are becoming aware we're in a recession.)

OK ...test time:

(1) When was GDI originally established as a business?
(2) What was the year that GDI was #37 in INC.'s top 500?
(3) Will this video help this guy get the GDI promise of "Income for Life?"

[ame="http://www.youtube.com/watch?v=BBoBINjvF1c"]YouTube - GDI for Real or Scam?[/ame]



.
TooFarTampa avatar
SoWal Insider
#71
Re: Anyone know Fortune High Tech Marketing?

Lots of Who-Ha on the web about ".WS" I must admit, this is the first time I've heard of it. I know a lot more about this MLM now than I care to (these MLM things fascinate me--the proliferation of which seems to be a leading indicator that folks are becoming aware we're in a recession.)

OK ...test time:

(1) When was GDI originally established as a business?
(2) What was the year that GDI was #37 in INC.'s top 500?
(3) Will this video help this guy get the GDI promise of "Income for Life?"

1) Mid-1990s
2) 2002
3) :floor:

SHELLY because I am obsessive I was Googling around about the same time last night, and I found it interesting to learn that .ws stands for Western Samoa, but is being marketed as standing for WebSite. Basically this company was trolling around for growth opportunities in the mid 90s and decided this domain name might have some.

But nose around and it is clear that to the major companies, .ws is junk. For example, if you type in Nordstrom.biz, Nordstrom.info, Nordstrom.org it will take you to the Nordstrom.com front page. Nordstrom did not buy .ws however because right now and apparently for the forseeable future, it considers it valueless.

That and a number of other big-name .ws names (Microsoft, Yahoo, etc) are "parked" by so called investors. They were available to the public only because when GDI first offered the .ws names directly to Fortune 500 companies, they declined -- according to GDI's own information. I think those companies know whether something is valuable or not.

If this were a viable product, it would be not be so bad of an idea, but a cursory search leads me to believe there is almost nothing in the .ws category besides millions of sales pitches. Yikes! Run Holli Run!
Jdarg avatar
SoWal Expert
#72
Re: Anyone know Fortune High Tech Marketing?

And I can't imagine anything more demeaning than realizing that I was part of somebody's "upline".
Kurt avatar
Admin
#73
Re: Anyone know Fortune High Tech Marketing?

Thanks TFT.

Everyone - please do not put working MLM links on this site in posts, profiles, or signatures. Thanks!
Smiling JOe avatar
SoWal Expert
#74
Re: Anyone know Fortune High Tech Marketing?

I dont understand what the problem is with MLM's... I know they work. The one I am involved with sells legitimate website domains. You just happen to get money for people who buy then under you,. You are paying for a website. and selling a website.
:yikes: I just re-read this. Wow! So, you buy a website, promoting websites to others, and their website does nothing but promote more websites. Interesting. Sounds like the, "send me $30 and I'll tell you how to make millions by mailing letters from home," scheme. Send in your $30 and you will be told to ask others to send in their $30 and you share this same information, telling others to send in... repeat....

Hollibird, didn't you and Josh work in the same office at one time? Did you sell him on the MLM?

Edited

chrisv avatar
Beach Fanatic
#75
Re: Anyone know Fortune High Tech Marketing?

I've been too busy stuffing envelopes, what is this thread about?;-)
SHELLY avatar
SoWal Insider
#76
Re: Anyone know Fortune High Tech Marketing?

:yikes: I just re-read this. Wow! So, you buy a website, promoting websites to others, and their website does nothing but promote more websites. Interesting. Sounds like the, "send me $30 and I'll tell you how to make millions by mailing letters from home," scheme. Send in your $30 and you will be told to ask others to send in their $30 and you share this same information, telling others to send in... repeat....

DING, DING, DING...we've got a winner folks! Thanks SJ for connecting the dots. As I was researching the ".WS" pitch, I had a feeling that this scheme sounded familiar, but I just couldn't put my finger on it--your observation is 100% spot on!


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