Comments on: Walk Like An Egyptian? – Pyramid Schemes & MLMs http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/ Becoming the Best Me I Can Be Sat, 23 Jul 2011 10:08:58 +0000 hourly 1 http://wordpress.org/?v=3.1.3 By: Brad Harmon http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/#comment-1322 Brad Harmon Mon, 12 Jul 2010 01:20:55 +0000 http://bradleyaharmon.com/?p=57#comment-1322 I tend to think that what we talk about first is probably what we are emphasizing. The real strength of the MLM approach is the word of mouth testimonials from people you already know and trust. When this is combined with an authentic selling experience about the product it's a winning combination. By authentic I mean that you actually use and love the product. This comes shining through in a sales pitch. The story develops naturally from there. "I loved the product so much that I had to be a part of sharing it with other people." As you continue with your own story of how you went from customer to distributor that authenticity continues to flow through and your recruitment efforts will increase their effectiveness. Starting with the company's story (no matter how great it is) will almost guarantee that the scam alert defense systems of your prospect will start going off in their heads. At least, this has been my experience, as well as, the experience of other distributors to whom I have talked. Does that mean your company's strategy is not a proper way of conducting business? No, not necessarily; however, it would give me pause and make me look more closely at them. I tend to think that what we talk about first is probably what we are emphasizing. The real strength of the MLM approach is the word of mouth testimonials from people you already know and trust. When this is combined with an authentic selling experience about the product it's a winning combination.

By authentic I mean that you actually use and love the product. This comes shining through in a sales pitch. The story develops naturally from there. "I loved the product so much that I had to be a part of sharing it with other people." As you continue with your own story of how you went from customer to distributor that authenticity continues to flow through and your recruitment efforts will increase their effectiveness.

Starting with the company's story (no matter how great it is) will almost guarantee that the scam alert defense systems of your prospect will start going off in their heads. At least, this has been my experience, as well as, the experience of other distributors to whom I have talked.

Does that mean your company's strategy is not a proper way of conducting business? No, not necessarily; however, it would give me pause and make me look more closely at them.

]]> By: kiahltan http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/#comment-1320 kiahltan Sun, 11 Jul 2010 21:55:06 +0000 http://bradleyaharmon.com/?p=57#comment-1320 Well, my company does emphasize on product sales, but the strategy is always to talk about the business first and if the prospect is not interested, they might be intrigued to use the product instead. Do you think this is a proper way of conducting the business? Well, my company does emphasize on product sales, but the strategy is always to talk about the business first and if the prospect is not interested, they might be intrigued to use the product instead. Do you think this is a proper way of conducting the business?

]]> By: Brad Harmon http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/#comment-1303 Brad Harmon Fri, 09 Jul 2010 08:34:06 +0000 http://bradleyaharmon.com/?p=57#comment-1303 If your MLM turns out to only be pushing you to recruit more people (sadly, that is most of them) then it will collapse long before you reach the end of the population level. There are some MLM companies that have done very well and have been around for 30+ years. Unfortunately, this doesn't always mean that their distributors done well. I'm glad the post helped. If your MLM turns out to only be pushing you to recruit more people (sadly, that is most of them) then it will collapse long before you reach the end of the population level. There are some MLM companies that have done very well and have been around for 30+ years. Unfortunately, this doesn't always mean that their distributors done well. I'm glad the post helped.

]]> By: kiahltan http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/#comment-1302 kiahltan Fri, 09 Jul 2010 01:51:59 +0000 http://bradleyaharmon.com/?p=57#comment-1302 On one of my presentation recently, my prospect had told me that MLM would collapsed if there are no more new people in the world to join the business. I was stumbled and couldn't recalled what I have answered...I simply was not convinced other wise. But your point of view help me to understand what do we need to look for in a company in order for us to held our heads high while do the business! Great work! On one of my presentation recently, my prospect had told me that MLM would collapsed if there are no more new people in the world to join the business. I was stumbled and couldn't recalled what I have answered…I simply was not convinced other wise. But your point of view help me to understand what do we need to look for in a company in order for us to held our heads high while do the business! Great work!

]]> By: Brad Harmon http://bradleyaharmon.com/2009/09/walk-like-an-egyptian/#comment-1263 Brad Harmon Thu, 01 Jul 2010 19:52:29 +0000 http://bradleyaharmon.com/?p=57#comment-1263 Sadly, there are many scams still out there in multi-level marketing. There are even more very poorly designed and managed MLM companies which turn out to be no better than a scam for most investors. I think the prolific nature of the internet has only served to make both of these issues worse. The bottom line when looking at an MLM is to compare it to the tests you list in your comment and I write about above. As you point out, this is only a starting point; however, if you have your doubts at this stage then there is no need to take the chance on it. Sadly, there are many scams still out there in multi-level marketing. There are even more very poorly designed and managed MLM companies which turn out to be no better than a scam for most investors. I think the prolific nature of the internet has only served to make both of these issues worse.

The bottom line when looking at an MLM is to compare it to the tests you list in your comment and I write about above. As you point out, this is only a starting point; however, if you have your doubts at this stage then there is no need to take the chance on it.

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