This is going to be a very candid and honest piece of advice for all of you guys, my subscribers…
I recently had a 121 call with a new client who told me his story which I would like to share with you as I would hate any of my guy to fall into the same pitfall or trap.
For the record I’m not totally against MLM but its not something I would recommend.
(MLM – Multi-Level Marketing)
I won’t mention this chaps name to save his identity but he was offered a deal where if he invested a certain amount he would be entitled re seller rights to sell this companies offers at a rate of 100% comms
He bought in at $10’000 which OK is pretty high but not unheard of, over the course of the next six months working with this company he invested a further $30’000.00 and they left him for dust with no training or coaching.
Over six months he spent $40k and this company has now gone bankrupt, all their assets frozen with no possibility of a refund for at least the next 18 months…
I’m giving you the short version of this story – One could argue it was the clients stupidity for investing so much with no return or indeed very little evidence of proof… However its a classic case of large companies preying on the weak.
Its idiot charlatans like this company who give Internet Marketing a bad name.
I don’t want to be negative but I merely want to stop anyone on my list from making a similar bad investment so make sure you adhere to the following before even thinking about investing in any venture:
* Research the company thoroughly
* Do they have success stories or testimonials?
* Ask if they have any further upsells from the POS (Point of sale)
* Don’t make a decision based on emotion.
* Do NOT put yourself into debt! i.e. make sure you can pay your bills in addition to investing
I certainly hope this helps, If you have had a bad experience let me know about it so we can prevent anyone else getting ripped off.
Look out for my emails next week as we have a few exciting promos coming up which will really assist your business.
Reach out at any time if you need help: firstname.lastname@example.org