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Is it worth joining a network business? Is this a scam?

Discussion in 'General Business Forum' started by Lilysun, Feb 6, 2020.

  1. Lilysun

    Lilysun UKBF Newcomer Free Member

    7 0
    An offer from acquaintances to do network business with them, but I really do not want to part with my money if something goes wrong.
     
    Posted: Feb 6, 2020 By: Lilysun Member since: Jan 12, 2020
    #1
  2. bodgitt&scarperLTD

    bodgitt&scarperLTD UKBF Regular Full Member

    468 225
    'Network' buisiness? You mean, like Amway? Multi level marketing?

    Run a mile. That's not business, it's a pyramid scheme.
     
    Posted: Feb 6, 2020 By: bodgitt&scarperLTD Member since: Nov 26, 2018
    #2
  3. Mark T Jones

    Mark T Jones UKBF Big Shot Free Member

    5,200 2,094
    As @bodgitt&scarperLTD says, from the limited information given it sounds like MLM. There are any number of them

    Mostly not scams nor actually pyramid schemes they are dreadfully missold - if you’ll forgive me for saying so - usually by suckers to suckers
     
    Posted: Feb 6, 2020 By: Mark T Jones Member since: Nov 4, 2015
    #3
  4. Mr D

    Mr D UKBF Legend Free Member

    26,286 3,218
    Pyramid schemes are.
    Multi level marketing isn't pyramid.

    Same way that being employed by a big company isn't a pyramid scheme.
     
    Posted: Feb 6, 2020 By: Mr D Member since: Feb 12, 2017
    #4
  5. Mr D

    Mr D UKBF Legend Free Member

    26,286 3,218
    Network business is a large term - can you clarify what they are meaning when they refer to that?
     
    Posted: Feb 6, 2020 By: Mr D Member since: Feb 12, 2017
    #5
  6. pentel

    pentel UKBF Regular Free Member

    483 86
    99% of people involved in MLMs make less than minimum wage... for a 16 year old....
     
    Posted: Feb 7, 2020 By: pentel Member since: Mar 12, 2011
    #6
  7. Mr D

    Mr D UKBF Legend Free Member

    26,286 3,218
    Why do they make less than minimum wage?

    As compared to the many self employed people in other work that make more than minimum wage when they start out?

    Hey all those people who open a shop that immediately make £10 plus per hour for all the hours they put in eh?
     
    Posted: Feb 7, 2020 By: Mr D Member since: Feb 12, 2017
    #7
  8. pentel

    pentel UKBF Regular Free Member

    483 86
    Posted: Feb 7, 2020 By: pentel Member since: Mar 12, 2011
    #8
  9. Mr D

    Mr D UKBF Legend Free Member

    26,286 3,218
    Oranges and moon rocks.
    We aren't talking about employees.

    How many of us when we started out in business were earning at least minimum wage as our personal income for the hours we put in?

    Those doing just the catalogues / parties / events can also make considerable money.
    Went to a party a friend was putting on for a candle company presentation, the hostess made over £50 in the night from her share of commission. The person who was doing the party would have made considerably more. For a couple of hours drinking, chatting and a little talk to a bunch of people plus delivering the goods - way more than minimum wage? Quite possibly.

    Our local Avon lady did it a couple of evenings a week to help supplement her state pension. For years.
    Sufficient income? Probably, she was on just her personal state pension and went on an overseas holiday at least a couple of times a year. Perhaps as a result of the state pension being so generous or perhaps paid for from her maybe 6 hours a week doing Avon.

    My father in law retired from being an employee of the county council and started doing Kleeneze catalogues.
    No people working for him, simply went out with catalogues.
    His income exceeded state and works pension together some months for a 20 hour week.
    Lets see, say £600 to £800 a month for 10 to 20 hours a week...call it average 15 and average £700.
    780 hours a year, £8400. £10.76.
    Which was almost double his hourly rate working for the council in a hard job.
    Minimum wage at the time somewhere around £4 an hour for an adult.
     
    Posted: Feb 7, 2020 By: Mr D Member since: Feb 12, 2017
    #9
  10. MBE2017

    MBE2017 UKBF Ace Free Member

    2,037 769
    Network Marketing can work, but it is down to the person involved. Most struggle to recruit and make the big bucks, most are happier just selling individually. The average network marketer recruits just one more person into the company, the big hitters have 50 plus, sometimes thousands of people.
     
    Posted: Feb 8, 2020 By: MBE2017 Member since: Feb 16, 2017
    #10
  11. Jakub_sa

    Jakub_sa UKBF Newcomer Free Member

    3 0
    Good one. I think you need to go back and learn a few things before you say anything.
     
    Posted: Mar 31, 2020 By: Jakub_sa Member since: Jan 30, 2017
    #11
  12. Maxwell83

    Maxwell83 UKBF Regular Free Member

    725 196
    Why do you say that? Do you think Amway is a good opportunity?
     
    Posted: Mar 31, 2020 By: Maxwell83 Member since: Aug 4, 2012
    #12
  13. Jakub_sa

    Jakub_sa UKBF Newcomer Free Member

    3 0
    Certainly. I think you are that person that heard something 20 odd years ago and just adds his side of the story to it. Network Marketing created more millionaires that any other industry around the world. Amway. Personally, great history of the company, high quality products, does a lot for community. Their business presentation looks way better than many conventional businesses out there. In conclusion, Network Marketing Has changed a lot over the years. For mamy people is a way of escaping the fast paced world and build their own business on their own terms. We are all different and hear different things.
     
    Posted: Apr 1, 2020 By: Jakub_sa Member since: Jan 30, 2017
    #13
  14. Maxwell83

    Maxwell83 UKBF Regular Free Member

    725 196
    I think you should read threads properly :D. I have not made a single comment in this thread about Amway or anything else, that was someone else.
     
    Posted: Apr 1, 2020 By: Maxwell83 Member since: Aug 4, 2012
    #14
  15. Jakub_sa

    Jakub_sa UKBF Newcomer Free Member

    3 0
    I am sorry Maxwell83. This was aimed at bodgitt&scarperLTD, but worth a think about Network Marketing :)
     
    Posted: Apr 1, 2020 By: Jakub_sa Member since: Jan 30, 2017
    #15
  16. Maxwell83

    Maxwell83 UKBF Regular Free Member

    725 196
    No worries. :cool:
     
    Posted: Apr 1, 2020 By: Maxwell83 Member since: Aug 4, 2012
    #16
  17. Mitch3473

    Mitch3473 UKBF Regular Free Member

    1,161 301
    I'd probably agree with that judging by some of the advertising wording on the back of what can only be classed as MOT failures.
     
    Posted: Apr 1, 2020 By: Mitch3473 Member since: Aug 25, 2011
    #17
  18. Personalised stories

    Personalised stories UKBF Newcomer Free Member

    4 0
    i would like to recruit direct sellers for our personalised story business, where is the best place to find them?
     
    Posted: Jan 6, 2021 By: Personalised stories Member since: Jan 5, 2021
    #18
  19. Mark T Jones

    Mark T Jones UKBF Big Shot Free Member

    5,200 2,094
    Almosr certainly not by digging up old threads and spamming

    There are lots of threads on here about finding agents & salespeople - do a search.

    On the other hand, if it's MLM, stick to the tried and tested method of annoying friends & family
     
    Posted: Jan 6, 2021 By: Mark T Jones Member since: Nov 4, 2015
    #19
  20. Paul Norman

    Paul Norman UKBF Ace Free Member

    2,972 937
    Is there a Home for the Desperate, Skint and Gullible?

    There. I would try there.
     
    Posted: Jan 6, 2021 By: Paul Norman Member since: Apr 8, 2010
    #20