View Full Version : Need some advice on business opportunity
Red_Matrix
09-27-2003, 09:20 PM
Hey everyone,
Does anyone know about groups called Quixstar and World Wide Group? A friend is trying to get me involved in these groups saying that I can make lots of money by telling people about products they can buy online and recruiting others to join in the program. What do you guys think? Do you guys think this is legitimate?
Hey everyone,
Does anyone know about groups called Quixstar and World Wide Group? A friend is trying to get me involved in these groups saying that I can make lots of money by telling people about products they can buy online and recruiting others to join in the program. What do you guys think? Do you guys think this is legitimate?
my dad does this in china.....if you got what it takes, then defintely give it a shot.
I don't know about the US market since people seem to be turned off by the idea of network marketing, well at least more so than back in china. But if you can talk a good talk, this is a good opportunity.
SunWuKong
09-28-2003, 03:43 AM
eh. multi-level marketting. i've been approached twice on these schemes. both times, i sincerely heard them out. in the end i still don't understand how you wouldn't just be an overly glorified salesman. the thing that i don't like is that you don't make money from selling the products, you make money from recruiting more people under you. and they concentrate on teaching you how to recruit people, more so than on teaching you how to sell.
Green_Circle
09-28-2003, 09:03 AM
Hey everyone,
Does anyone know about groups called Quixstar and World Wide Group? A friend is trying to get me involved in these groups saying that I can make lots of money by telling people about products they can buy online and recruiting others to join in the program. What do you guys think? Do you guys think this is legitimate?
I met an old lady who told me her daughter was involved with quixstar. I was interested in some products and so I gave her my number. Man, she kept calling and calling so that I was afraid to pick up the phone. I was wondering why she wanted to 'do me a favor' as they put it, so badly. I felt I was being stalked in a way.
eh. multi-level marketting. i've been approached twice on these schemes. both times, i sincerely heard them out. in the end i still don't understand how you wouldn't just be an overly glorified salesman. the thing that i don't like is that you don't make money from selling the products, you make money from recruiting more people under you. and they concentrate on teaching you how to recruit people, more so than on teaching you how to sell.
That's more of an individualized group culture rather than the company's motto. There are TONS of groups that just focus on the "getting more people under you" agenda. However these groups never last long. I've had much experience with all the other Amway groups in China who are like that. The members are all out of business right now cause people got sick and tired of such practices. It's people like this that give multi-level marketing companies a bad name. Problem is, there are a lot of them, since such practices can't really be regulated by the company, so it all depends on the individual.
On the flip side, my father's network in China, is growing at an exceptional rate. This largely due to the fact that my dad is a man of moral and vision (and no i'm not tooting my own horn). His corporate motto is: "People who help people, who help themselves." His group DOES emphasize products a lot. He's asked many of his members to train and register as a nutritionist, so that they can better understand the products and can more easily, and more legitimatly tell people how great the nutritional supplements really are. Because of the strict moral and ethical control, my father's network in China has grown this year at an outstanding rate. His groups earnings this year is reportedly 1/40 of the total Amway China earnings of 10 billion US dollars.
So again, it all depends on the group and its corporate philosophy. My suggestion to Matrix is to ask these people who talked to him whether or not their group has a philosophy. If not, then the group probably isn't what he's looking for.
himura-dono
09-28-2003, 10:05 AM
SCAM =)
SCAM =)
look man, if your gonna bash on something, at least do it with some explanations. Then I'll be able to shoot it all down. Doing stuff like this is totally immature.
ellsworth81
09-28-2003, 10:08 PM
its not a scam; i have a friend who's doing multi-level marketing. it's not for everyone, that's for sure, b/c not everyone is willing to do the bullshit to make it work (which means convincing other people to do it).
it does have some pyramid scheme elements to it IMO ... depending on how many ppl there are left in the world to recruit and to push the products
kimpossible
09-29-2003, 10:07 AM
Hey everyone,
Does anyone know about groups called Quixstar and World Wide Group? A friend is trying to get me involved in these groups saying that I can make lots of money by telling people about products they can buy online and recruiting others to join in the program. What do you guys think? Do you guys think this is legitimate?
The only people making real money on this are the people at the top. I'm sure there is the exceptional case but I would advise you against any personal investment you would be required to make. They will want money up front and your job then becomes to pester the living shit out of every friend and family member you know to hawk these products. Don't look at this in simple terms of gross income: even if you make money you have to subtract your time investment (as if you were paying yourself an hourly wage), resources used (gas, car wear and tear, phone, etc.) and any capital (money) you were required to invest up front.
sunk cost and overhead. the formula never changes.
SunWuKong
09-29-2003, 10:55 AM
The only people making real money on this are the people at the top. I'm sure there is the exceptional case but I would advise you against any personal investment you would be required to make. They will want money up front and your job then becomes to pester the living shit out of every friend and family member you know to hawk these products. Don't look at this in simple terms of gross income: even if you make money you have to subtract your time investment (as if you were paying yourself an hourly wage), resources used (gas, car wear and tear, phone, etc.) and any capital (money) you were required to invest up front.
sunk cost and overhead. the formula never changes.
yeah that's what i think too. if you're a good enough salesman, then hell, why go with this multi-level marketting? why not start your own business? and if you're not a good enough salesman, it wouldn't be too different from being employed anyway.
lethal
09-29-2003, 11:50 AM
The first thing I thought of was pyramid scheme with all the baggage that comes along with that.
AliBabaIncorporated
09-29-2003, 05:21 PM
Don't look at this in simple terms of gross income: even if you make money you have to subtract your time investment (as if you were paying yourself an hourly wage), resources used (gas, car wear and tear, phone, etc.) and any capital (money) you were required to invest up front.
Don't forget that you're using up "social capital" too ...
ellsworth81
09-30-2003, 06:16 AM
actually, excel is still in business. they are quite large. they are into telecomm fyi
MLM isn't for everyone, but for those that do know how to work it, it's the perfect career.
Me<--insonmiac
11-25-2003, 11:45 PM
I'm not trying to put down your MLM business, but would you agree a lot of people are suckerd into the business by persistent salespeople?
I'm not trying to put down your MLM business, but would you agree a lot of people are suckerd into the business by persistent salespeople?
yes a lot are. that's why i was saying before you need to pick a good group. it's the difference between getting suckered and becoming rich. sorta like chosing a mentor. those with good ones will most definetly benefiet, while those that don't really care about the mentee won't really make an impact in their lives.
mlm isn't traditional in the sense that the "business franchise" is all the same. that's only true for store-front operations. where you have a corporate standard of rules that everyone follows. mlms such as amway are, like it or not, based more on how well the sponsor is able to train you and prepare you. So experiences vary dramatically. In other words, choose your group carefully, like what i said before.
tazadar
12-05-2003, 02:37 PM
MLM businesses is something everyone should avoid. They use "product" to get around existing laws, but the basic business model of MLM still is a pyramid scheme which is illegal.
jimbo
12-06-2003, 11:33 AM
good old pyramid selling huh
Its been declared illegal in the u.k because of a lot of scams in the past, As people have previously said, Its all about recruiting others to do all the dirty work for you and getting the people at the top loads of money.
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