How do you view the Network Marketing and MLM-direct selling industry ? Do you think it is wise to spend a couple of years building it full-time or part- time, investing your time, money and other resources ?
see mlm is a biz that essentially sustains itself on two legs - networking n selling. while selling gives you some profit n some pocket money (maybe petrol for you car every month), its networking where the chunk of money resides. the problem however, is that with so many 'binary' plans galore in the market, the credibility of mlm has hit an all time low, n that has made networking a daunting task.
when mlm came to india, back in 1998, private insurance was the twin runner. but while insurance has somewhat managed a foothold n doing fine, mlm is still a dicey proposal. oriflame is dwindled, amway has stagnated, modicare too, hlnet is showing downward trend... only avon is doing ok, but that too because this company stresses on selling, not on team building.
finally, standing now at 2007, it is not ...more