Comments on: Big Myths and Facts About Multi-Level Network Marketing Programs http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html Business, Investments and Personal Finance Thu, 17 May 2012 04:24:57 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: PerfectTenGroup http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6225 PerfectTenGroup Thu, 22 Jul 2010 01:30:06 +0000 http://fitzvillafuerte.com/?p=2737#comment-6225 @Roldan - Though, you asked Fitz, I cannot help but express some unsolicited thoughts :) IMG is a network marketing company. They package products/services ( from different companies i.e. ALI, Grepalife, PhilEquity, etc.) which fit into their mission/vision. Financial literacy is VERY important (Fitz, I am sure won't disagree to this.). That is IMG's core mission, which I believe is a noble one. Learn as much as you can from their seminars. It is also their aim that all members will be good financial planners and executors. Hence, aside from seminars, they also package and sell the corresponding products/services. I know some people there at IMG, and some from World Marketing Alliance (way back 2000)- which, if I am correct (verify this), is where IMG is affiliated. I am not a member of IMG now for 3 reasons: 1) TIME - I do not want to chew more than what I can swallow. It is really great to know that there are lots of opportunities out there. But, time is our only true limiting resource. I will feel I am being 'greedy' if I get into it with my current load, and perhaps, just make a mess out of it. 2) I already have similar products/services (real estate, insurance, mutual fund, etc.) that IMG offers. As for their seminars, I am already exposed to the concepts way before, through other companies and from my own personal study, learning, research and experience. But, I do not mind attending their series of seminars if I can squeeze out time from my current schedule. I am sure I will pick up a thing or two and learn some more, and meet interesting people. 3) If in case I decide to give it time, I think I will rather setup my own company with similar mission. Every business, IMHO, has a bit of 'network marketing' by nature. All have to 'network', 'connect', to people for the business to flourish. Profits from sale of products/services are also given to people involved in the business process. Network marketing, multi-level marketing, or direct selling companies are very good 'schools'. It is in this business that you can have the chance to really know your potential, your strengths, personality, attitude - an acid test worth going through. It is also in network marketing that you can learn a lot about and from people you know and those you just met in the process. The results are visible and palpable - success, disillusionment, positive mindsets/attitudes, mental closure, etc. When the dust settles, I would like to think that it is mostly not about the company that network marketers experience failure, but it is what they do in the business process. Like all businesses (MLM, traditional, or whatever classification), an MLM or network marketing, or direct selling company, is still a business. There is always the risk of failure, and of course success. Learning, applying, learning some more, and applying some more, making decisions, going for it - is the process which makes this 'life' more exciting. It goes the same with any business, network marketing or not. @Roldan – Though, you asked Fitz, I cannot help but express some unsolicited thoughts :) IMG is a network marketing company. They package products/services ( from different companies i.e. ALI, Grepalife, PhilEquity, etc.) which fit into their mission/vision. Financial literacy is VERY important (Fitz, I am sure won’t disagree to this.). That is IMG’s core mission, which I believe is a noble one. Learn as much as you can from their seminars. It is also their aim that all members will be good financial planners and executors. Hence, aside from seminars, they also package and sell the corresponding products/services.

I know some people there at IMG, and some from World Marketing Alliance (way back 2000)- which, if I am correct (verify this), is where IMG is affiliated.

I am not a member of IMG now for 3 reasons:
1) TIME – I do not want to chew more than what I can swallow. It is really great to know that there are lots of opportunities out there. But, time is our only true limiting resource. I will feel I am being ‘greedy’ if I get into it with my current load, and perhaps, just make a mess out of it.

2) I already have similar products/services (real estate, insurance, mutual fund, etc.) that IMG offers. As for their seminars, I am already exposed to the concepts way before, through other companies and from my own personal study, learning, research and experience. But, I do not mind attending their series of seminars if I can squeeze out time from my current schedule. I am sure I will pick up a thing or two and learn some more, and meet interesting people.

3) If in case I decide to give it time, I think I will rather setup my own company with similar mission.

Every business, IMHO, has a bit of ‘network marketing’ by nature. All have to ‘network’, ‘connect’, to people for the business to flourish. Profits from sale of products/services are also given to people involved in the business process.

Network marketing, multi-level marketing, or direct selling companies are very good ‘schools’. It is in this business that you can have the chance to really know your potential, your strengths, personality, attitude – an acid test worth going through. It is also in network marketing that you can learn a lot about and from people you know and those you just met in the process. The results are visible and palpable – success, disillusionment, positive mindsets/attitudes, mental closure, etc.

When the dust settles, I would like to think that it is mostly not about the company that network marketers experience failure, but it is what they do in the business process. Like all businesses (MLM, traditional, or whatever classification), an MLM or network marketing, or direct selling company, is still a business. There is always the risk of failure, and of course success.

Learning, applying, learning some more, and applying some more, making decisions, going for it – is the process which makes this ‘life’ more exciting. It goes the same with any business, network marketing or not.

]]> By: Millionaire Acts http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6224 Millionaire Acts Mon, 19 Jul 2010 12:01:45 +0000 http://fitzvillafuerte.com/?p=2737#comment-6224 Hi Fitz, I just want to share my article with regards to this topic of yours entitled "25 Questions to Ask Your Sponsor in MLM". This pretty evaluates what should be considered in joining an MLM company. It is also my most commented article among all my posts. : http://www.millionaireacts.com/1450/25-questions-to-ask-your-sponsor-in-mlm.html Hi Fitz, I just want to share my article with regards to this topic of yours entitled “25 Questions to Ask Your Sponsor in MLM”. This pretty evaluates what should be considered in joining an MLM company. It is also my most commented article among all my posts. :

http://www.millionaireacts.com/1450/25-questions-to-ask-your-sponsor-in-mlm.html

]]> By: Roldan http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6223 Roldan Mon, 19 Jul 2010 03:11:25 +0000 http://fitzvillafuerte.com/?p=2737#comment-6223 By the way here's their website: http://www.img-corp.com/index.php By the way here’s their website: http://www.img-corp.com/index.php

]]> By: Roldan http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6222 Roldan Mon, 19 Jul 2010 03:10:33 +0000 http://fitzvillafuerte.com/?p=2737#comment-6222 Recently I've been attending seminars on FINANCIAL LITERACY and so far I've learned a lot about them and about money management and investment - mutual fund, health insurance, real estate ect. Their company is the INTERNATIONAL MARKETING GROUP or IMG located at AYALA. Their progarmme so far is giving seminars Series 1 to 25. From series 1 to 3 it's free but from series 4 and above you have to pay around P3,700 pesos for the kit, brokerage license and the S.E.C. registration. I have been acquainted to a lot of them their. Some of the trainers are doctors, musicians others have work outside too. I was asked to bring in somebody their to. I am close to believing that they are MLM to or Networking company. Just don't know if you know about this company Fitz? If you did, please hit me back! Thanks more power! Recently I’ve been attending seminars on FINANCIAL LITERACY and so far I’ve learned a lot about them and about money management and investment – mutual fund, health insurance, real estate ect.

Their company is the INTERNATIONAL MARKETING GROUP or IMG located at AYALA. Their progarmme so far is giving seminars Series 1 to 25. From series 1 to 3 it’s free but from series 4 and above you have to pay around P3,700 pesos for the kit, brokerage license and the S.E.C. registration.

I have been acquainted to a lot of them their. Some of the trainers are doctors, musicians others have work outside too.

I was asked to bring in somebody their to.

I am close to believing that they are MLM to or Networking company.

Just don’t know if you know about this company Fitz? If you did, please hit me back!

Thanks more power!

]]> By: raymund http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6221 raymund Fri, 16 Jul 2010 02:36:06 +0000 http://fitzvillafuerte.com/?p=2737#comment-6221 I really do not trust MLM companies in the Philippines especially those that highly depend on earnings from new recruits. Making money online is better than MLM... I really do not trust MLM companies in the Philippines especially those that highly depend on earnings from new recruits.

Making money online is better than MLM…

]]> By: Michelle Tukachinsky http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6220 Michelle Tukachinsky Wed, 14 Jul 2010 12:24:27 +0000 http://fitzvillafuerte.com/?p=2737#comment-6220 Thanks for the excellent, well written, and informative post. The part about sales really resonates with me. I wrote in my ebook that you MUST have sales skills to succeed in this industry. Without this, it is almost impossible to find success in MLM. Thanks again! Michelle Thanks for the excellent, well written, and informative post. The part about sales really resonates with me. I wrote in my ebook that you MUST have sales skills to succeed in this industry. Without this, it is almost impossible to find success in MLM.

Thanks again!
Michelle

]]> By: Leeyo http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6219 Leeyo Mon, 12 Jul 2010 04:38:37 +0000 http://fitzvillafuerte.com/?p=2737#comment-6219 I will anticipate the sequel to this. I will anticipate the sequel to this.

]]> By: Karen http://fitzvillafuerte.com/big-myths-and-facts-about-multi-level-network-marketing-programs.html#comment-6218 Karen Mon, 12 Jul 2010 01:20:41 +0000 http://fitzvillafuerte.com/?p=2737#comment-6218 Nice article... i agree with your analysis of Myth #s 3 & 4, especially. Thanks! Nice article… i agree with your analysis of Myth #s 3 & 4, especially. Thanks!

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