Results 1 to 8 of 8

Thread: Robert kiyosaki Book on Network marketing

  1. #1
    Platinum Member sterne.law@gmail.com's Avatar
    Join Date
    Oct 2009
    Location
    Durban
    Posts
    1,332
    Thanks
    38
    Thanked 566 Times in 413 Posts
    Blog Entries
    7

    Robert kiyosaki Book on Network marketing

    Interesting read and insightful, he is very pro network marketing. Remembering of course the difference between genuine network or multi level marketing and pyramid schemes and other scams. My reason for getting the book, is a friend was asking about Amway and I thought I would do some research.
    Anyone got advice on Amway? Seems a solid company in 90 countries etc and excellent admin and support system. Also a pretty ingenius sales methodology I must add.
    Anthony Sterne

    www.acumenholdings.co.za
    DISCLAIMER The above is merely a comment in discussion form and an open public arena. It does not constitute a legal opinion or professional advice in any manner or form.

  2. #2
    Diamond Member wynn's Avatar
    Join Date
    Oct 2006
    Location
    east london
    Posts
    3,338
    Thanks
    548
    Thanked 625 Times in 524 Posts
    MLM does work.

    The problem is the larger your downline becomes the more stock you end up ordering and paying for so all your profits are tied up.

    Other schemes that do the deliveries direct tend to be so expensive and unreliable that people just stop buying after the second or third time.

    Or worst of all, you spend all your free time attending endless 'RA RA' meetings.

    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

    Read the first 10% of my books "Didymus" and "The BEAST of BIKO BRIDGE" for free
    You can also read and download 100% free my short stories "A Real Surprise" and "Pieces of Eight" at
    http://www.smashwords.com/books/view/332256

  3. #3
    Junior Member
    Join Date
    Jun 2009
    Location
    JHB
    Posts
    21
    Thanks
    0
    Thanked 4 Times in 3 Posts
    MLM's do work. Its simple referal based marketing to sell a product. Almost every company uses word of mouth to help sell products.
    So why not use that word of mouth and make a % back?
    There are alot of MLM's around, and a new one seems to pop up almost daily.
    Even good old Donlad Trump is getting invlolved with MLM industry. Its a growing trend, and its shockingly still in its infancy in South Africa.
    Our Government hasnt caught on to most of the scams going around posing as MLM. Or they are still not big enough to be an issue yet.

    I am pro MLM, I am also pro Amway. Wether the name has a bad rap from what people have done with it. No one can really deny that they are successful. Most of the laws governing MLM or Network Marketing companies in the US have been tried and tested by the Amway Corporation.

    What truly distinguishes this MLM from so many others is the Network 21 Association. As far as overall business education you cannot beat the cds and books for Financial Intelligence, time leverage and relationship managment.

  4. #4
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    Quote Originally Posted by wynn View Post
    The problem is the larger your downline becomes the more stock you end up ordering and paying for so all your profits are tied up.
    Memories of the early days of Golden Products by any chance?

    Wynn, that was the "old" way of doing things - where the product physically passed down the line. For folks who remember the term "direct", this meant you could buy direct from the supplier. If you hadn't achieved enough volume to buy direct, you had to get your product from your nearest direct upline.

    Nowadays any distributor can buy "direct." The need to hold stock for your downline no longer applies (although some still do hold small reserves if someone in their downline gets caught short on an emergency order).

    For the record, payments also used to go the same route, with the direct paying out the non-direct downline. That's changed too.

  5. Thanks given for this post:

    wynn (28-Jan-10)

  6. #5
    Diamond Member wynn's Avatar
    Join Date
    Oct 2006
    Location
    east london
    Posts
    3,338
    Thanks
    548
    Thanked 625 Times in 524 Posts
    "Nobody who has succeeded has not failed along the way"
    Arianna Huffington

    Read the first 10% of my books "Didymus" and "The BEAST of BIKO BRIDGE" for free
    You can also read and download 100% free my short stories "A Real Surprise" and "Pieces of Eight" at
    http://www.smashwords.com/books/view/332256

  7. #6
    Site Caretaker Dave A's Avatar
    Join Date
    May 2006
    Location
    Durban, South Africa
    Posts
    22,648
    Thanks
    3,304
    Thanked 2,676 Times in 2,257 Posts
    Blog Entries
    12
    Let's not pretend the issues are simple I always chuckle when I see the "anti" lobby running around waving their hands and spouting propoganda much like they accuse the MLM junkies of doing.

    Ultimately the MLM business comes with solid, demonstrable and provable strengths and weaknesses, assets and liabilities, good points and bad points - call them what you will. So do most businesses (if not all).

    The issue is whether on balance you accept the mix.

  8. #7
    Junior Member
    Join Date
    Feb 2010
    Location
    Perth, WA
    Posts
    13
    Thanks
    0
    Thanked 5 Times in 4 Posts
    One of the most important criteria to at least consider when assessing a business opportunity is the longevity of the company. So many new companies spring up and die off that you really need to put a young company "through the wringer" before considering joining.

    Long-established companies like Amway have proven themselves merely by surviving. This is no mean feat, especially when you consider the absolutely rotten behaviour that was so endemic even in the near past.

    The downside of a long-lived company is that the market may have reached saturation, so that everyone's got the products, or everyone's already signed up (yes, I know that's an extreme generalisation but you know what I mean - why choose a full market when you can offer something to a ravenous new one).

    Product differentiation, market size and velocity, compensation, responsibilities of distributor, founders and company credibility and reputation, financial strength, quality of training and support, etc, etc. All these things need to be carefully examined before making a choice.

  9. #8
    Email problem
    Join Date
    Apr 2010
    Location
    New Zealand
    Posts
    6
    Thanks
    0
    Thanked 0 Times in 0 Posts
    I have been with Amway for about 8 months now, I have found it a very good company to date, its quite established and has been around for just over 50 years.

    from the research I have done on the web, it ranks Number 2 in the world, with Avon coming in at first place.

    I highly recommend looking into joining Amway further, and as you said they have a pretty good presence worldwide.

Similar Threads

  1. [Article] A marketing plan for a shoestring budget
    By Chatmaster in forum Marketing Forum
    Replies: 4
    Last Post: 07-Sep-10, 05:51 PM
  2. [Article] Viral Marketing
    By Chatmaster in forum Marketing Forum
    Replies: 12
    Last Post: 02-Sep-10, 10:12 AM
  3. Replies: 7
    Last Post: 10-Apr-09, 07:23 PM
  4. Is Internet marketing more than just SEO
    By Chatmaster in forum Marketing Forum
    Replies: 2
    Last Post: 12-Mar-08, 12:45 PM

Did you like this article? Share it with your favourite social network.

Did you like this article? Share it with your favourite social network.

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •