Why MLMs Never Release Their Financial Statements
2 posters
Why MLMs Never Release Their Financial Statements
Why MLMs Never Release Their Financial Statement
What do people in MLM use to assess the business opportunity financially?
Being that all MLMers tell you its a business, I am wondering what business principals are used to assess the opportunity from a financial point of view.
For instance, if you were to buy an apartment building and investigate whether it was a good financial opportunity, this would consist of looking at the gross and net incomes for the prior 3 years (verifying income and expenses), looking at the market rents and occupancy rates, and calculating the average sales prices (on a per unit base) over the past 6-12 months within a 1 mile radius, you would have the building properly inspected and assessed by a professional, etc. All that information would be used in your financial assessment of the deal and to help you to decide whether it was worthwhile.
Looking at financial statements is key in buying any business, but I have never heard of this in MLM. Other than statements made at a meeting or from their sponsor, what financial criteria is being used to decide whether the MLM "business opportunity" makes sense financially and is it ever verified?
So an MLM member's research was merely looking at a COMPENSATION PLAN put out by the MLM itself?? Hmmmmm.
What exactly did they verify and how? That the plan would pay a particular compensation percentage? So, do they believe that their upline number’s, someone who is supposedly making money running this MLM business, was of no interest to them and they just take their "word" with no actual hard proof?
MLM’s make 90% of their money through turn-over. Constantly repeating a cycle of recruiting, training, selling and quitting.
Most people will join, sell what they can to friends and family, then quit.
It’s only an opportunity for those willing to recruit and train. Problem is, once you realize you are selling overpriced crap to your friends and family, most people won’t be able to recruit anyone if they don’t believe in the product they are selling.
Bottom line, MLM’s are tough for most people to make any real money at, unless you stick through it long enough to recruit lots of people below you, where you make money on their sales.
And of course no one wants to show you their books or really look at hard figures, because it’s all pie in the sky.
Courtesy A Life Aloft
RamblerNash- GURU HUNTER
- Posts : 24211
Join date : 2015-02-19
Re: Why MLMs Never Release Their Financial Statements
Exactly Nash! :yes: :yes: :yes:
roxy22222222- GURU HUNTER
- Posts : 2881
Join date : 2015-04-20

» Learn about Parliament's vision of institutionalizing and fighting corruption
» FLEMING UPDATE: "liquidity release continued being processed for release this week" 7/15/20
» Military, CABAL, NESARA/GESARA - "OPERATION CATCH & RELEASE" is Continuing on Schedule, in combination with the GCR RV ,and the release of the PROSPERITY FUNDS .
» MArkZ: "I am told that after 1:00 PST is when they expect the release of those funds today" (How Do You Release Funds When There Is None? LOL) 12/21/21
» Any statements from Okie?
» FLEMING UPDATE: "liquidity release continued being processed for release this week" 7/15/20
» Military, CABAL, NESARA/GESARA - "OPERATION CATCH & RELEASE" is Continuing on Schedule, in combination with the GCR RV ,and the release of the PROSPERITY FUNDS .
» MArkZ: "I am told that after 1:00 PST is when they expect the release of those funds today" (How Do You Release Funds When There Is None? LOL) 12/21/21
» Any statements from Okie?
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum
» More On The Rainbow Currency.
» Mark Zerfoss (aka MarkZ) Intel On The Arrests
» 4,700-year-old ‘tavern’ — complete with fridge, oven and food — unearthed in Iraq 1/26/23
» Guru MarkZ 1/26/23 pm
» Guru Okie 1/27/23
» Guru Judy 1/27/23
» Guru Bruce Dingleberry 1/26/23
» Guru MarkZ 1/27/23 am
» STATUS OF THE RV by Anonymous 1/26/23
» Guru MarkZ 1/16/23 pm
» Guru OkieOilman 1/26/23
» Guru MarkZ 1/15/23 pm
» Guru Judy 1/26/23
» Guru Bruce Dingleberry 1/24/23
» Gurus Nader & MarkZ 1/26/23
» USD/IQD exchange rates climb in Baghdad, Erbil
» U.S. Federal Reserve imposes tight controls on Iraqi banks’ transactions
» Iraq seeks UN assistance to overcome challenges
» Iraqi PM relieves CBI governor of his post
» Protests in Iraq amid local currency devaluation, Central Bank changes
» Guru OkieOilman 1/25/23
» Guru Sandy 1/25/23
» Guru MountainGoat 1/25/23
» Gurus Frank26 & Firefly 1/225/23
» Guru MarkZ 1/24/23 pm
» Guru Judy 1/25/23
» Guru Bruce Dingleberry 1/24/23
» Deadly stampede could affect Iraq’s World Cup hopes 1/19/23
» Guru MarkZ 1/24/23 am
» Guru OkieOilman 1/24/23
» Guru MarkZ 1/23/23 pm
» Guru Frank26 1/24/23
» Guru Nader 1/24/23
» Guru Sandy 1/24/23
» Guru Judy 1/24/23
» Guru MarkZ 1/23/23 am
» Guru OkieOilman 1/23/23
» Guru Sandy 1/23/23
» Gurus Frank26 & Firefly 1/23/23