Multi level marketing big

[CuriousBoy]

Hello,

For the past few days I was living with an Idea that what if you go hard with MLM that is easy to do and pays well in the eyes of the costumers.
Id like you guys to brainstorm with me here, and hopefully join forces to make it big.

Lets say we create a product that is like a membership in some sort of way that allows anyone who joins to make money. A person should pay 1 time partnership fee ( ~ 45 usd, or whatever ) to join it.
Once he joins it he can invite friends, family basically anybody to join it and make money themselves. So the person that refers lets say get 30 usd each time he brings the person and 5 dollars for every one that hes referral got or something. Lets say you go big on marketing for a week or two, I think it is pretty easy to get at least 10 people to start doing this. And so on so on.

Hope you got the idea, and I just want to discuss it with you guys on how to make it a diamond and let it roll.
Hope some strong marketing guys will join me, and help to make it happen.

 

[lioneds]

 

[Ente123]

is this even legal?

 

[CuriousBoy]

why wouldn't it be? And yes its a pyramid scheme, but whats wrong about it? if a person after inviting 3 persons makes 50 + dollars and also from their leads. So anyway all of the MLM works this way in general. I just wonder what product to launch or whatever to look sexy.

 

[Deleted member 1274522]

why wouldn't it be? And yes its a pyramid scheme, but whats wrong about it? if a person after inviting 3 persons makes 50 + dollars and also from their leads. So anyway all of the MLM works this way in general. I just wonder what product to launch or whatever to look sexy.

What's wrong about it? Well, it's illegal.

 

[CuriousBoy]

What's wrong about it? Well, it's illegal.

Thats the first time I heard about it... Im sure its legal in europe

 

[on1]

Consider moving to Utah the Mormons love MLMs. The majority of billion dollar MLMs are based in Salt Lake City.

 

[BassTrackerBoats]

why wouldn't it be? And yes its a pyramid scheme, but whats wrong about it?

Have a look, Chief.

https://en.wikipedia.org/wiki/Bernie_Madoff

 

[Deleted member 720373]

Im sure its legal in europe

It most definitely is not!

Source: I live in Europe.

https://en.wikipedia.org/wiki/Pyramid_scheme

 

[mautin067]

Men, if you want to run MLM you are needing to sell a PRODUCT. You can charge person to join but they need to sell product that they get from you.

 

[CuriousBoy]

So if there is a product it is not illegal? Thanks for the replies guys.

 

[mautin067]

So if there is a product it is not illegal? Thanks for the replies guys.

Do you ever heard of young ppl selling patches for weight loss or weigh loss tea? Its all MLM but they use product instead of just chraging people to join

 

[Heromrk18]

So I can speak from experience here having owned my own MLM.

I started OMG Fizzy Ring Surprise on 15 Nov 18 shut it down on June 1st 2019. In those few months the company grossed 335k but we basically broke even at the end of the day.

To be legal, a rep must make money selling a product to customers outside the company versus to each other.

Look dude, word to the wise... don't do it. The headache involved with my little bitty tiny MLM with 100 members was atrocious!

 

[CuriousBoy]

Okay boys thanks. Will probably quit this one. Still thousand more inside my head! Looking forward to start working with some of you. Great forum anyways

 

[br4sco]

Hate MLM with every fiber of my body. So many friends fell for these scams and tried to lure me in. Telling a stranger to fuck off, easy. Telling good friends they lost money, aint.

In my opinion there is a special place in hell for MLM marketers.

 

[timothywcrane]

Lets say we create a product that is like a membership in some sort of way that allows anyone who joins to make money.

The difference between a pyramid scheme and a legit MLM is that the PRODUCT must have inherent value to be sold, and not just the SALE as being the value. What would the product be? Would the products use lead to money creation or or real value (MLM), or is your "tool or program" just redistributing sales costs upstream without added value (pyramid scheme)? How may levels? Qualifications?

The model can be valid or not. Without a real product, you're still not.