You must have heard that every time Ram used to cut Ravan’s head, it got joined to his torso.
Every time Bheem tore Jarasandha’s body into two pieces by pulling his legs apart, the body got joined.
The villain of the Terminator movie used to take new shapes even after being destroyed almost completely.
Multi level Marketing companies too come again and again to loot you of money and confidence. They come with new names and faces. Ponzi Schemes, Pyramid Schemes, Multi level marketing or Network marketing, many names, many faces .
No Company can take public funds without appropriate permission of RBI or SEBI. But MLM companies do indulge in collecting Public Funds dodging RBI and SEBI guidelines
They sell their products at highly overprices & they accept it also. That's why they call their income distribution plans as "compensation plans" also.
When they sell their products worth Rs. 400/- at Rs. 1200/- that means Rs. 800/- is taken as public fund and this fund is taken with a promise of future income, which will be derived again illegally from future victims. Irony is victim are used to victimize new people. All given a false financial heaven.
A live show of illegal and immoral use of OPT & OPM (Other people's money & other people's time).
They say that they are distributing the cost of advertisement to the consumers, but this is not true, they already overcharge claiming that their products are far better than the established brands, somethings out of this world, owned by them only.
Why MLM companies are avoiding MLM word these days? Why they started calling themselves "Network marketing companies"? Why an MLM person who calls you is reluctant to tell you that he is inviting you to a MLM meeting? Because they know that MLM word has earned a bad name.
Why an MLM person is adamant to take you to some high profile place arranged by the MLM company? Because they want to loot you under a psychological pressure.
And beware when they invite you to attend an "Educational Program"? These educational programs are just like the one made by lord Macaulay for producing clerk. This educational system is developed for selling MLM companies' products. And the irony is even these 'Educational Programs' are not free of cost, they too are sold.
One man advertised that he is ready to tell everyone a formula to earn easy money @ Rs. 1000/-. Many people sent him the desired amount, he sent a single sentence to all of them, "Do the same, what I have done with you, I have earned my money, you too can and my scheme is no cheating, because my earning from you is a legal proof that my scheme is a successful one."
One man advertised that he needed an employee but only two time's food would be given as a salary. As there is much starvation in India, many approached the advertiser. The one who got employed, was given a duty to visit different Gurudwaras of the city daily, eat for himself and bring the food for the employer.
One man had hanged a NEON SIGN BOARD over the front of his shop, "Sure shot cure for Cancer, Diabetes, blood & AIDS. Fees Rs.1500/- only , money back Guarantee if not benefited."
A lot many people visited him and paid but none got cured. All started rushing back to get the money back.
But the Great doctor, declined the money back, showing the board and explaining the written words,"See, the board says that the money will be back if not benefited, it did never say that money will be backed if you, the payer, will not be benefited. You did not get benefited but I did, hence no money back is due.”
Does this mean that I am against MLM? No. MLM can be a great tool of marketing if, used ideally, with honesty. If some concrete product or service is sold through it, not merely some get-rich-scheme, not castles built in the air.
Uncle chips sells air but some chips also. But many MLM companies sell only the air.
If an MLM company has some genuine product to sell and if the product is sold on a competitive price, not over priced in the name of some exclusivity of the product, available with the company only, it may considered a fair play.
But sadly there is almost no company who is using this tool honestly.
Only a few days back Amway (one of the pioneer MLM companies) people were arrested by Kerala Police for malpractices. RBI too has shown its worry regarding mal-practices of MLM companies.
I have seen, misuse of MLM in educational field also. "Landmark Education Forum", a well-established Life Coaching Company uses MLM for promoting their business. They call the learners to call their relatives and friends in a very tricky manner, and influence these freshly invited visitors to join their program and this system goes on and on. Landmark does not use traditional advertisement and why should they do, when they have this cheap way. And why I call it cheap, only because Landmark Education uses Mass Hypnosis. After exhaustive training of 4-5 days, people become very much vulnerable, they behave like robots. Various reasons are given to them to invite their near and dear to the program, so that the benefit which they got may be availed by the new invitees also.
There is nothing wrong in calling the new people, the only things bad are, using shrewdness, turning the learners into robots secretly & using MLM in a very cunning manner, something very dangerous.
The MLM technique is yet to be harnessed, meanwhile be aware, never get duped.
Your friendly neighborhood, Tushar Cosmic.
Amen
Every time Bheem tore Jarasandha’s body into two pieces by pulling his legs apart, the body got joined.
The villain of the Terminator movie used to take new shapes even after being destroyed almost completely.
Multi level Marketing companies too come again and again to loot you of money and confidence. They come with new names and faces. Ponzi Schemes, Pyramid Schemes, Multi level marketing or Network marketing, many names, many faces .
No Company can take public funds without appropriate permission of RBI or SEBI. But MLM companies do indulge in collecting Public Funds dodging RBI and SEBI guidelines
They sell their products at highly overprices & they accept it also. That's why they call their income distribution plans as "compensation plans" also.
When they sell their products worth Rs. 400/- at Rs. 1200/- that means Rs. 800/- is taken as public fund and this fund is taken with a promise of future income, which will be derived again illegally from future victims. Irony is victim are used to victimize new people. All given a false financial heaven.
A live show of illegal and immoral use of OPT & OPM (Other people's money & other people's time).
They say that they are distributing the cost of advertisement to the consumers, but this is not true, they already overcharge claiming that their products are far better than the established brands, somethings out of this world, owned by them only.
Why MLM companies are avoiding MLM word these days? Why they started calling themselves "Network marketing companies"? Why an MLM person who calls you is reluctant to tell you that he is inviting you to a MLM meeting? Because they know that MLM word has earned a bad name.
Why an MLM person is adamant to take you to some high profile place arranged by the MLM company? Because they want to loot you under a psychological pressure.
And beware when they invite you to attend an "Educational Program"? These educational programs are just like the one made by lord Macaulay for producing clerk. This educational system is developed for selling MLM companies' products. And the irony is even these 'Educational Programs' are not free of cost, they too are sold.
One man advertised that he is ready to tell everyone a formula to earn easy money @ Rs. 1000/-. Many people sent him the desired amount, he sent a single sentence to all of them, "Do the same, what I have done with you, I have earned my money, you too can and my scheme is no cheating, because my earning from you is a legal proof that my scheme is a successful one."
One man advertised that he needed an employee but only two time's food would be given as a salary. As there is much starvation in India, many approached the advertiser. The one who got employed, was given a duty to visit different Gurudwaras of the city daily, eat for himself and bring the food for the employer.
One man had hanged a NEON SIGN BOARD over the front of his shop, "Sure shot cure for Cancer, Diabetes, blood & AIDS. Fees Rs.1500/- only , money back Guarantee if not benefited."
A lot many people visited him and paid but none got cured. All started rushing back to get the money back.
But the Great doctor, declined the money back, showing the board and explaining the written words,"See, the board says that the money will be back if not benefited, it did never say that money will be backed if you, the payer, will not be benefited. You did not get benefited but I did, hence no money back is due.”
Does this mean that I am against MLM? No. MLM can be a great tool of marketing if, used ideally, with honesty. If some concrete product or service is sold through it, not merely some get-rich-scheme, not castles built in the air.
Uncle chips sells air but some chips also. But many MLM companies sell only the air.
If an MLM company has some genuine product to sell and if the product is sold on a competitive price, not over priced in the name of some exclusivity of the product, available with the company only, it may considered a fair play.
But sadly there is almost no company who is using this tool honestly.
Only a few days back Amway (one of the pioneer MLM companies) people were arrested by Kerala Police for malpractices. RBI too has shown its worry regarding mal-practices of MLM companies.
I have seen, misuse of MLM in educational field also. "Landmark Education Forum", a well-established Life Coaching Company uses MLM for promoting their business. They call the learners to call their relatives and friends in a very tricky manner, and influence these freshly invited visitors to join their program and this system goes on and on. Landmark does not use traditional advertisement and why should they do, when they have this cheap way. And why I call it cheap, only because Landmark Education uses Mass Hypnosis. After exhaustive training of 4-5 days, people become very much vulnerable, they behave like robots. Various reasons are given to them to invite their near and dear to the program, so that the benefit which they got may be availed by the new invitees also.
There is nothing wrong in calling the new people, the only things bad are, using shrewdness, turning the learners into robots secretly & using MLM in a very cunning manner, something very dangerous.
The MLM technique is yet to be harnessed, meanwhile be aware, never get duped.
Your friendly neighborhood, Tushar Cosmic.
Amen
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