There are many people in sg have join this trade, however the percentage of people success is very low..... The main reason is MLM start in USA since 1974.....Sg start in June 2000.... That mean sg start very late..... That y sg is most of the big MLM company in the world (esp USA) last stop. Therefore most of the company in sg unable to move out of the world..... If u really read the life of ppl who start really early since 1975, u can see how much money they earn and how they spent their lifes..... There is no doubt that this trade really able to generate millions of millionaires in the world which WTO has also recognise. That why even china has open up to this trade.
Sg won't open a trade that will harm their citizen. However there are many people (blacksheep) make use of this trade to earn those without the knowledge of this trade....
Most of the people have join this trade fail due to some reasons: 1st is they themselves, many people think that just throwing the money, they will earn big buck which is wrong.... there are nth in the world to earn money without effort and hardwork.... If u got the same thinking, jus throw the money to bank and earn the interest.
2nd is the method is teach.....there are many companies doesn't understand the whole trade, only teach the agents just to get ppl into their company. Doing MLM is a biz, not recuiting. Only ppl you knw have the same thinking of understand the biz works, he/she will join u to do the biz together. Is the potential of the Biz, not JUST say will earn money. If you did that, you will lost all your friends' trust and their money. If you step into this trade, use your heart to help your friend to earn money, not cheating them!!!
3rd is the company.... Many company in sg is a trading base company which mean they take product from overseas..... Usually all these companies will lose their product right if the products really sold well, if not they will keep changing of ways like changing other products, change to other field like education, investment or etc..... Usually most of these company won't last to 3-7 years. Once they close, the boss will open a new MLM company. Think wise asking is a trading base or a manufacture base company. Manufacture base mean their products are secure. They can fully control of everything.
4th is the products, every trade products are very important, no repeat sales, that means no money generate. There are some companies say that products are not important, how they can generate the income, THINK WISE.... Only by recuitment, there means the company are playing human head game. MLM is a biz, a traditional biz is you wanna your products which able to do repeat sales, the more you can sell, the more you can earn. Networking is getting more people to join the biz and sell together. 1 person always got its own limit 24hr, 20ppl you can get 40hr if each spent 2hr on the biz. That why it can be as part time biz.
Therefore, if you enter a MLM biz, treat it as a biz. Ask question like is it a trading or manufacture base company. If trading, you can strightaway leave. Ask what is the main products, if the main products the company not focus on, but tell you that the selling products is the trading products, you can forget it. Ask how long is the company establish, is overseas come to sg, do you think you can earn much??? IF the company establish for 2-3 years, how can a company go far with the rate? Will you still be pionneering? Pionneering is ppl might sae not important, but if you want to eat a pie, you will like to eat the bigger share or the smaller share?
Choose a company can provide you with manufacture base, products, managements, the best is start its has not gone far in the world. The main is the potential of the Biz. Lookout for Opportunity which you think is the right biz to join. Do share your views if you think i am not correct.
