When MLM try to sell me a dream

17 12 2008

This, by my sense should be a straight forward and very short post – I don’t believe in their stories. But I want to keep this post a little longer. Being a sceptic in almost everything I don’t know and if you have not read my previous post, I need to read 100 books per year and tons of information from the papers and internet, I guess I know a little bit more. But I still think that I am ignorant (that’s true! You can never know enough of everything).

I don’t really understand how the MLM economy works. Buffett says “Risk comes from not knowing what you are doing”. This sums up why I gave it a miss when I was approached by MLM marketers. The guru must be right in some way.

I am not going to give my money away to any scheme that I don’t understand. I cannot remember how many times I have been approached to “make money” with them.

This is the conversation between me and one of the marketers.

MLM: Hi sir. What you doing for a living?

Me: Why do you want to know?

MLM: Do you want to make more money?

Me: Of course I do (**What’s the catch?)

MLM: I have an opportunity for you to make more money.

Me: (**Almost there, I guess this man is from MLM, I should be 80% correct)

Me: What do you have to offer?

MLM: Do you like big cars and houses?

Me: Can you come straight to the point?

MLM: I want to invite you to a seminar.

Me: What kind of seminar?

MLM: On how to make money.

Me: Sorry. I am not interested.

MLM: Why not? I thought you want to make more money?

Me: (**Who doesn’t?)

Me: You from MLM?

MLM: We are dream weavers.

Me: Huh? (**Trying to sell me a dream?)

MLM: We have professionals like doctors and lawyers in our organisation. Why do you think these people join us?

(He didn’t want to answer me directly despite a straight forward question I thrown at him)

Me: How much do you make a month?

MLM: I am a high earner and I have endless stream of income without me being in the office, like now, talking to you. My income is still growing.

Me: No thanks. Whatever you say I am not interested.

(He wears a suit and gives out pamphlets each day outside the train station. He doesn’t look too successful to me.)

I have learnt over the years through my experience in the corporate world and during my childhood – never judge someone by the way he dresses. But I did this time. He is just not convincing enough.

I don’t believe in claims made by MLM on their products. Award winning products, patented products, new discoveries so on and so forth. In one ear and out the other.