Robert kiyosaki stock options

Lazy Man and Money. October 13, by Lazy Man 84 Comments. As some regular readers know, I wrote about MonaViea multi-level marketing company MLMa few years ago and the post has received comments. As you can tell from the title, this is going to be a little harsh on Kiyosaki, but keep in mind that Rich Dad, Poor Dad was major motivation for me to begin this blog. In my MLM articles like the aforementioned MonaVie one and my Nerium onemany MLM supporters say that Robert Kiyosaki is a big supporter of MLM and that justifies getting involved in MLM as a distributor as being a sound business choice.

They hear him say that he has millions of dollars from various complex business ventures and it makes him sound credible.

This letter relates the story in detail. In fact, Kiyosaki had trouble getting published. It was Bill Gavin of Amway who was able to pull the strings and use the MLM culture to get the book its best seller rating. In addition to the above, Kiyosaki joined Amway under Bill Gavinbut it appears he was a failure at it. It seems to be that Kiyosaki and MLM have a symbiotic relationship.

The MLM industry provides Kiyosaki with a steady set of customers for his products; Kiyosaki provides the MLM companies his support that it is a good business venture. Instead they have just watched a video from Kiyosaki talking about his Cash Flow Quadrant. The video is big on marketing and it tells people what they want to hear: A lot of people are apt to believe Kiyosaki.

The promise of passive income is appealing to just about everyone. You might want to jump to 2: Kiyosaki describes the Cash Flow Quandrant as having four areas: E, S, B, and I. These are the four types of ways people earn income. E is for employees. S is for small business owners or specialists doctors for example. B is for big businesses. I is for investors. Let me dig a little deeper and explain why.

In most MLMs, the company can fire the distributor by terminating their business at any time, for any reason… just like any employee. Also, if the MLM company goes out of business, the MLM distributor has lost his job through no fault of his own. Employees have that same risk, but the other quadrants do not. With MLM, distributors get all the disadvantages of being able to be fired at the drop of the hat without the benefits of a steady income and or benefits such as health care and disability.

In addition, the distributors are required to pay for their own training by buying various tools and going to conferences. MLM has some of the characteristics of being a small business. Distributors work their own hours doing as much or as little as they want. However, the MLM company strictly dictates how MLM distributors run their businesses.

The MLM may even prevent you from having your own website to promote your business — instead forcing you to use a cookie-cutter website. This prevents the distributor from differentiating their business from their competitors — other distributors of the same product.

One of the reasons why people choose a small business is because they want to call the shots and be in control of their destiny. No MLM distributor has had an IPO. Maybe a few of the ones at the top of the pyramid have a couple of employees, but that is the exception and mathematically this is limited to something like. The MLM company itself could be considered a B.

Some have gone public. Instead they pay a very small number at the top well and use that as a carrot stick to lead the ass to motivate the distributor. You can pay money to get started in an MLM business, but it is paying an application fee to start from scratch with no customers and no sales. That is not an investment in businesses.

The network marketing company will charge you money for the tools and training to sell its products. During this time you are also paying them by spending hundreds of dollars on overpriced products. Where do you think the MLM companies make their money? Kiyosaki coached them personally. It was a resounding failure with all contestants saying, Kiyosaki never gave concrete advice. When it comes to his businesses it seems that Kiyosaki is scamming people himself.

Part of that training included asking people to raise their credit card limits, which Kiyosaki admitted was poor advice. Finally, when it comes to Rich Dad, Poor Dad, Kiyosaki admits that the book is a work of fiction. He admits that it is short on practical advice and that it more about motivating someone to take control of their financial future.

Bottom Line on Kiyosaki regarding MLM: January 5, at Man I would have gone bankrupt if I followed his advice. January 5, at 6: January 6, at 6: He uses Bill Gates as an example of a good business. Sounds like a sound business plan to me, I think the drug dealers use the same one. Seriously, would Monavie or Protandim HIRE you and PAY you to sell their product? Think about it people. In addition, a lot of them have the nerve to come off as nutritional experts and even doctors when they barely graduated from high school.

Finally, I love the comment that he makes about your goal being to build more businesses and paying less taxes. I have to say, this man truly belongs in the world of MLM as he is too sleazy to be taken seriously anywhere else.

January 6, at 7: Well doen — this guy deserves to be repeatedly exposed, because he most definitely is a fraud. January 6, at 1: January 8, at January 28, at 6: So Lazy Man, are you throwing out the baby with the bathwater?

I agree about the issues with MLM, the story itself, and other issues. I think you might be reading more into the article than I wrote. In fact, I have written about Rich Dad in the past: The point of this article was more to explain to those who have been lied to by MLM organizations that MLM is a good idea because Kiyosaki supports it. There are plenty of them out there. January 28, at 7: February 22, at 2: Guess what I recently got in the mail? The cover of the invite has a cute picture of a toaster with burnt pieces of toast cut to the shapes of a family popping out the top.

What the so-called experts teach you about money IS WRONG! He then goes on to advise against the following bullet points in some detail -Get a job -Work hard -Save money -Live below your means -Get out of debt. He talks about how debt can make you rich. Is this perhaps so he may encourage you to go into debt to take part in his FREE learn to be rich workshop?

So, go into debt to learn potentially harmful financial advice? February 22, at In the mean time, I was searching around the internet and found an article pointing out many of the issues you bring up.

I was reading through a few comments and ran across a defense of Kiyosaki from Lazy Man and Money comment Now, I know you have mentioned in the past, most likely before you were aware of MLM scams, that you had read and been influenced by Rich Dad.

I can only imagine how angry and humiliated I would be if I were one of those decieved by MLM only to later find out the truth that what I had so enthusiastically dedicated so much time toward was in reality a scam. February 22, at 1: Yep, that was me commenting on The Simple Dollar.

I now know that affiliate marketing is much different than MLM no recruiting is involved. Before reading Rich Dad, Poor Dad, I was more content to just make my salary, do a good job, and repeat the next day.

It should also be noted that I also wrote this article, Three things I learned from he worst personal finance book. I recently finished The Millionaire Fastlane and it does a similar motivating job, while actually giving real practical examples.

There are around ten pages scattered throughout the book where he explains why MLM is not a way to become a millionaire. March 17, at I really appreciate this article about Robert Kiyosaki. I worked for two years, trying to get rich in MLM. I only made a few hundred dollars compared to MANY more dollars that I spent on all the get rich quick products, advertising and everything else. The MLM model of a company cannot remain sustainable otherwise.

I did not want to scam anyone else so I stopped immediately. And I was setting up an Online sales funnel that had the potential for me to bring a lot of people into my company which has a very high start up price. It makes me sick to think about how many people could have been scammed. I was NOT involved in trying to recruit family and friends.

March 17, at 2: Those holding that belief are either not intelligent enough to see what Robert Kiyosaki is saying or are intentionally invoking his name in an attempt to trick others.

March 27, at 4: I actually love the cashflow quadrant… but understanding it should drive people away from MLM.

MLM is even worse! Thanks for the article! June 27, at 8: Guys,I donnt kw how u guys are looking these issues,1 Kiyosaki says in his book business of the 21st century that u should investigate the MlM company b4 joining, 2 investigate their compensation plan, 3 Building a network marketing business is not a get rich quick scheme, 4 It is a cash buildig platform.

June 27, at Macoy, I lost track of what you are saying towards the middle of your comment. You put together a lot of unrelated phrases there. Note that Kiyosaki is in the business of selling books to participants in MLM. July 19, at 8: Robert sure does a figure-8 trail of talks around the world. Stay away, he foghorned. That sure pissed a few hundred people who were agents of that industry — they promptly left the hall.

Every form of business is viable, and has its cycles and timings. A business is only as bad as its implementor. There are extremely small nuggets of wisdom mixed, but it is left to the listener to extract them from the mounds of completely wrong and terrible advice that he gives. October 10, at 1: I believe that MLM is a business as much as a franchise owner is a business owner.

If the Burger King Corporation closes, so does your franchise. What Robert Kiyosaki says is that in an MLM company you pay a lot less than if you did own a franchise. I mean, you actually save hundreds of thousands of start-up costs. I would ask if any of the naysayers have ever ventured into the network marketing business opportunities MLM? In our everyday lives, we are all salespeople.

Yes, there are the E, S, B, and I. If you stopped paying your royalties, your business would close. If you had horrible customer service or cleanliness issues, you are in breach of contract. If you stopped marketing your products and services, eventually your business would close. If the corporation closes, so does your business. An employee is fired, however, if he is late to work unless he is an independent contractorargues with a co-worker or management, etc.

My education to many is to seek the financial advice of those who practice what they preach. The writer of this article does not seem to have ever been affiliated with a network marketing company.

Only seek the advice from those who practice what they preach! October 10, at 7: A comparison of MLM to franchising is one of those MLM Mind Games… a poor irrelevant analogies. If commissions were paid at a single level and not a multiple-level, you might have a comparison. The low start-up costs are a great disadvantage. This is a very bad business to be in. The Business of MLM or What Gives Freddy Krueger Nightmares. By the way, one of Kiyosaki filed for bankruptcy for one of this companies recently: Rich Dad, Poor Dad, Bankrupt Dad?

Robert Kiyosaki and Multi-Level Marketing Exposed! - Lazy Man and Money

McDonalds, Burger King, Subway, are not ever going to be deemed pyramid schemes by the FTC as MLMs have. MLMs have a much greater risk of being shut down. If you read the SEC filings about the risks of just about any MLM company they state this risk quite clearly.

If someone were say that the ramifications of jumping off a bridge generally involve serious injury or death, would you ask that person if they have real life experience of jumping off a bridge?

No, you would use common sense from an external perspective and evaluate the ramifications before being a part of it. MLM distributors dismiss those with external perspective to limit any opposing views to people who have real life experience in MLM. This leaves only one set of people that the MLM proponents deem as having the right experience to listen to… the very few people who happened to make money in MLM because they were in early and at the top of the structure. Of course, these people are going to say great things about MLM, especially because they stand to benefit if more people are recruited into MLM.

They are the ones who are not biased. It is the MLM proponent that wants you to join — they stand to make money if you do. Read more from that: Real Life Experience vs. November 1, at 2: You want to have understood about MonaVie MLM? Your article proves that you have not MLM itself business model, business law nor the practical reality of the MLM industry understood nor the approach of Kiyosaki. Only the completely false statement that contractors are employees of MLM businesses is absolutely wrong and absurd.

And so there are many more with misrepresentations. A poorly researched, journalistic miserable article without value. November 1, at 8: I have written extensively about MonaVie and MLM uncovering dozens of incidents of fraud with both.

I never said that distributors are employees of MLM businesses. Before you criticize journalism, you might want to educate yourself on how to construct a grammatical sentence. November 11, at 5: I hear a lot of negitive comment from probably I would call a bunch of losers. James R Henry was probably the best comment here, and that is including the article. I have had a construction business, a fabricating business, been in the mortgage business and the realestate business and I might add an MLM business.

Made and lost money in all of them but that goes with the territory of being in business. Sounds to me like you people would be a big babysitting job. You probably need to go get a job with the post office. If you want to be in business, dry your eyes quit sniveling, roll up your sleeves and go to work.

November 11, at Thanks Rand, I run a business. None of your commentary is related to Kiyosaki who was the focus of the article. They provide no value. Most of the time the product is shipped to people just like Amazon does. You know that the MLM companies actually have employees, right? Without employees no MLM products would get made. None would be shipped. November 12, at 9: Well then I guess MLM is perfect for you!

All you need to do is lie to a few people and hope they do the same. Simple business for simple minds. January 3, at 9: Anyone here are making more money than Robert? The problem is that lazy people will never earn a lot of money in MLM or anywere. Think outside the box. Kiyosaki is a great story teller, which is why he sells mba projects in stock market. Rowling selling a lot of Harry Potter books.

I do quite well for being Lazy. Being smart can often trump working hard. June 3, at 9: Ok, interesting article, actually nice article in a sense. Anybody else say different is just exercising the right to use up byte space. August 11, at 7: You said he never mentioned mlm in his book? Funny that because he gave it a big mention on page August 11, at 8: He says to invest in education.

Reminds me of all those late night infomercials in the s aka Tom Vu that were too good to be true. Interestingly Kiyosaki uses these seminars to scam people out of thousands now see the news story that I cited in the article. Robert kiyosaki stock options mention of Gta san andreas cheat xbox jet. October 30, at Network How to say stock market crash in spanish is a 29 billion dollar industry just in the US alone, that creates the most millionaires than any other industry, hands down!!

The tax savings ALONE is worth having a home base business!!!

Robert Kiyosaki: Why the Ultimate Stock Market Crash Will Begin in bozirixejiwi.web.fc2.com

Networking marketing allows you OWN your life, most people work a job now past the age of 65 and still end up broke with nothing, then get a job as Wal-Mart greeter. October 30, at 9: Witcher 2 fast money chapter 2 29 billion dollar industry is largely people overpaying a huge amount for a business opportunity that only exists for 1 person in a thousand. You might as well just quote some kind of statistic as to how big the loan shark industry is or the tobacco industry.

The technology industry in Silicon Valley dwarfs it 2 minute binary option gain com strategy it does it without being compared to pyramid schemes by the FTC and SEC. There are really no tax savings with MLM. We could make a small dent in the national debt if we put this 29 billion to good use. Studies have shown that many, many people have become wealthy working a job.

Take a look around at your local doctor, lawyer, even plumber. What studies are you citing, specifically? MLM does not allow you to OWN your life. If you look at the income disclosure statements for companies like MonaVie, the average person makes less than minimum wage. Kiyosaki should be telling people to write books to sell to other MLMers. Ocala livestock market website 14, at 5: I am often asked if Network Marketing is a Pyramid Scheme.

My reply is that corporations really are pyramid schemes. A corporation has only one person at the top, genrally the CEO, and everyone else below. Please stop trying to scam people by confusing illegal pyramid schemesthat rely on recruiting with legal hierarchical organizations. People who are uninformed or simply trying to scam others are why MLMs get bad names.

Corporate America is Not a Pyramid Scheme. I have always used the logic that this mans greatest source of wealth is selling advice promising it will bring you wealth. The latter being the most likely. To those canadian trading brokers this mans article, get over it.

It is a SCAM!!!! Why not just sell products on your own without having to pay someone above you?! I have heard such horror stories related to these scams such as people ruining relationships with their friends and family because of it. The fact that Robert kiyosaki supports these lets me know he is a fraud.

The responses from its supporters are always so similar it makes me think there is some type of brainwashing going on at these meetings. Once again great article and keep on exposing these scam artists for what they are. I grew up with cons and dope dealers with more integrity fxopen forex factory these slime bags! January 6, at 9: There is a lot of brainwashing going on at the meetings. For example, there is classic Groupthink.

January 11, at MLM is just simple marketing. They just tell you that you are an investor where infact you are a customer.

The people who make money in mlm are the top most and the supplier. Because every member recruit is a customer. I read rich dad poor dad also and I believe its quite getting paid for doing surveys online good book.

Its not really a formula. It is a merger of an commission-based sales program those selling product to others and an illegal pyramid scheme those recruiting others.

January 19, at 8: Here is what I get from MLM: Distribution of products, marketing, sales, flexibility, hard work and the zeal to work on my own business outside of MLM. I see it as another way to do business if individuals in the industry are just upfront with how these businesses operate. Many MLM companies state that we are business owners. However, I believe that consultants buy in to companies where the one to the top makes money off the ones to download binary options bully free bottom just like all other organizations out there.

Independent consultants are marketers, distributors, sales people, customers and recruiters all in one. January 20, at 9: The individuals in the industry are not upfront with how MLM businesses operate.

It is, but it also like saying beating Labron James one-on-one is hard work. I enjoyed the book, because I like freedom in working for myself and not being caught up in the rat race.

My 18 year old son said to me that not everyone who goes to school and work hard on is in the rat race. We actually know people who work hard and live really well. January 20, at 8: April 1, at 4: I just wanted to say, having checked it out, that Simon is actually right about this.

Kiyosaki did mention MLM marketing in Rich Dad, Poor Dad. This fits in with his constant reminders in the book that financial intelligence is a combination of the following skills: April 1, at 6: As this article points out, Kiyosaki made his money by selling this book to Amway distributors. It should be noted that there seems to be evidence that Kiyosaki himself tried Amway and stock market crash of 1929 and the effects on the economy it.

This would seem to further expose his dishonesty. December 12, at 1: December 12, at Kiyosaki can be motivational, which is great. Rich Dad, Poor Dad was even partially responsible for me starting this blog. However, once you learn a little more, you realize that he simply gives terrible advice as it has been well-covered in the media. They could tell the story about all the people the money has helped.

You simply have to ignore all the damage of getting everyone hooked on cracked. Obviously it is a little harsh to say the same about Kiyosaki, but to some degree it is a similar situation. December 15, at 6: Ha ha… deary me. Cheers for the article, found it very eye opening and saved me reading the book! Rogier van Vlissinge says. December 23, at Apart from the fact that RDPD is unvarnisch BS, still MLM does not belong anywhere on the diagram, it is not something that holds a middleground, or even combines the worst of both E and S categories.

Unfortunately, it is simply a financial fraud pyramid scheme disguised as a direct sales business. It does not even belong in a discussion about business. Hilarious that he got his popularity via Amway. I was trying cgt and call options best to give it the best possible treatment, because if you go out and just say it is financial fraud, people stop listening.

March 14, at First of all I want to congratulate you for your article. I can see that you took the time cvs stock buy or sell investigate a couple of things, but you missed the most important. Rich Dad Poor Dad is the Genesis of any entrepreneur. It is not the only book about how to become financially free, but it explains it so simple. In the book, when Kiyosaky was 12 years old, he asked rich dad how to become rich, and rich dad that says: Well Robert, what you must have to do is to spend your live investing in assets, because assets put money in your pocket, and liabilities take money from your pocket.

In MLM people return of earnest money deposit california assets, in your organization they put money in your pocket, and this is called leverage, leverage in MLM is you enrolling a few people that enroll a few people than enroll a few people that each has a few customers and the combined volume creates your residual income.

MLM gave me the opportunity to create a residual income without the drama of a traditional business. MLM is not perfect, it is simply better!

Now I have free time, and when you have free time you can initiate other projects. MLM is not my only source of incomes, but it was the beginning to become financially free. The beauty of MLM is that you can start part-time, and eventually that income will replace your current income.

March 14, at 2: Kiyosaki has admitted that he made up Rich Dad and Poor Dad. Kiyosaki uses them as a literary device. If people are your assets in MLM, you are running an illegal pyramid scheme. If the money you make is based on your sales to the public, it may be a legitimate multilevel marketing plan. Pyramid schemes are illegal, and the vast majority of participants lose money.

The people in your downline are not assets or leverage… if you making significant money from them it is a pyramid scheme… and you have to make legitimate sales.

April 10, at There are many mlm companies out there, and to say in general that mlm is bad is a matter of opinion.

It actually improved my life incredibly. And the new positive outlook on life is also a great plus. From my side I see a 6, but for your side you see a 9.

We both have different views. You look at mlm from the outside you see one thing, while I look at it from the inside and I see the other. I never had to be pay much for my training in this business.

Weekly seminars are free and the monthly one only cost 5 dollars to get in. Sure it is an opinion, but it is backed by facts and everyone, except the pickpockets seem to agree. So yes, the pickpockets are going to think that laws are bad.

You make a point about joining MLM and reporting from there. Thanks, I know how that works. Plus from a scientific perspective External Perspective is better than Real Life Experience. This is particularly true when it comes to recruiting cults such as MLM. May 16, at 3: Miguel John Doherty says. May 26, at 8: In short I do believe the right MLM and by right I mean, legal and ethical can open a few doors for you, but it is not by any means THE way to get rich and or financially independent, but done right, it can be really helpful both for you and anyone you recruit.

May 26, at 9: It would simply go to commission scales and elimate recruiting. Thousands of companies have these affiliate sales programs. Prostitution is a kind of selling. Snake oil is a kind of selling. Drugs is a kind of selling. Usually the product is a lotion or potion choosen purposely because it is of subjective quality. The pricing is 5, 10, even 20 times MORE than something else of similiar quality.

With no true distributors selling product, you are left with a recruiting, illegal pyramid scheme. This puts people on the track xetra vs frankfurt stock exchange starting a real business. Not saying that different people is bad, but you are surrounding yourself with the wrong types.

Emerging markets select stock fund vanguard should not even be the starting point anymore. There are better starting points Millionaire Next Door, Your Money or Your Life without the scam. I pointed out some problems with it.

It looks like you are finding different faults with it. Not everything sits in a nice quadrant. There are some aspects of the environment controling your success in almost areas of life… whether you are a E, B or anything else.

Your pyramid shrink every month. You have less control in MLM that in any other business I can think of. Plus a good system polices itself to eliminate the problem people. I have shown it to be fraud at its very core. The best thing you can possibly say about fraud is that maybe in getting duped, the people learn not to get duped a second time… cfd trading signals uk they forex advice real time charts are.

June 11, at 9: Dear lazy man, I will thank you for giving such time for creating such a wonderful note. After reading the book i realize to do something for my own finances and i started looking, Now i am free from my job and also having very good finances by adopting the ideas of robert.

And i request you, everyone knows that we have different mindset for different things, any thing depends on us because same ideas implemented by me are working for me and for some one else might be not.

So please justify your great note. Next time i will give some info about MLM Re grads Shekhar. August 1, at 6: So I know what it is like to build a business and how to treat employees so they are loyal and are rewarded for their work. I can tell you building a business is not easy to do and it is fraught with difficulties. Due to a serious downturn in the economy and too much borrowed money with rising interest rates the business was forced to close and bankruptcy declared.

Lost everything, house included. You know I was just another statistic of small business failure. Most of them within two years and the hapless owners lose the shirts off their backs as I did.

Often they never recover from the trauma of going through bankruptcy and resign themselves to a life of misery and will never take a risk again. I must say when I author indicator for binary options trading in mlm 15 years ago I took a HUGE risk.

Of course it works provided you have a bit of go in you and a just a little bit of business sense. Nothing is easy in life and being successful in MLM is no easier than being successful in any small business.

The long term benefits more than make up for it however. Seems to me the only people that knock MLM are the ones that would never succeed in any business anyway. I guess I could go onto websites everywhere and start knocking small business because of the huge failure and bankruptcy rate associated with small business. But I know just like MLM people will always fail in business.

I find it hard to believe that people who are ignorant of the facts spend so much time knocking MLM when it obviously works so successfully for those that are dedicated to making it work. August 2, at 6: I started this blog nearly 10 years ago after reading Rich Dad, Cme euro currency options Dad. I realized later that it only paint bar forex free download about 3 pages of substance, the ones talking about assets and liabilities and putting your money into assets to buy freedom.

I think it in my version of the book. Recruiting creates competition for your own sales, which by the very business definition is a dumb idea. The MLM marketplace has been saturated for years. People at the bottom are leaving all the time as they lose money. The churn has to be replaced. It is quite possible to lose your shirt in MLM. The industry goes after people who have had bad luck got laid offnot well-earning doctors and lawyers.

August 2, at Businesses can close for a variety of reasons unrelated to going broke: So what you are really referring to is closures, not bankruptcies, and that sheds no light on profitability whatsoever.

In fact, The Small Business administration estimates that one-third of businesses that close were actually profitable when they closed. So the facts destroy your core argument in favor of MLM. The majority of those lucky ones that do end up in the black earn less than minimum wage.

They portray it as a one-size-fits-all opportunity that anyone can do, and they seek money from anyone with a checkbook and a pulse. In fact even comparing MLM to small business in any way is erroneous because an MLM distributor owns precisely nothing. The MLM can close; revoke a distributorship arbitrarily; or simply change the terms of the deal at will. The MLM participant has zero control. There are certainly none that the benefits that one could get from full-time employment, like medical benefits, stock options, paid sick time and vacations, bonuses, workplace protections, and the ability to claim UI if laid off.

Most people despise MLM and criticize it for good reason. I sure wish you would. It would be downright comical to watch and it would be much better than having you waste whitespace with your BS on this forum. Most of the participants in MLM barely have a shirt to spare — since they prey on those who are most desperate and least educated among us — and of those, most fail to earn a profit. But even if we look at the so-called kingpins in MLM — those who are allegedly the success stories — bankruptcies abound.

We found that out first hand when we investigated Monavie and found that many of the people who were strutting on stage as MLM success stories were either bankrupt at the time or went bankrupt soon after. They simply lied to cover it up and continued to swindle people under false pretenses. March 24, at 9: A friend of mine envited me without saying much about it an emphasized on our friendship to make me come. So I went an listened to almost an hour of nonsensical stuff where he repeated that there are rich people and poor people in the world and he is from the rich amd we are from the poor ones and if we go to his lectures and pay him 5euro every time we will get a chance to be rich, joining MLM ofcourse.

One thing the lecture did though, is to make me see how many desperate for sucess without any real effort people are. Anyway, since then I no longer consider this person which got me into this my friend, and I really considered that peron a friend before that.

August 2, at 8: And every where Network Marketing in there, check your self you are also working in anybody network. Is it this John Sestina who seems to be near the top of the Amway pyramid? December 27, at 9: How is that not a scam in many cases? Ask any lawyer or doctor. People embrace average and mediocrity every day in this country. Those who strive for more are often criticized. You need to surround yourself with different people if you think this way.

Yes, there is much ignorance surrounding MLM or network marketing. And recently the the FTC has outlined why this is a systemic problem in the industry ].

If I had not been open to network marketing, I would be like most people out there: That would have been with two college degrees and no debt from that huge financial investment.

By the way MLM is not a business. I truly love the products and the company. That is a big part of why I love this company. I was a teacher for 18 years and witnessed more corruption, abuse, and unethical practices than I have ever witnessed elsewhere. Ever hear of the Common Core? People are making millions of dollars off of this scam and off of our children.

Why are people not in an uproar about that? Please stop trying to pass the buck to other things like Common Core. Stick to the topic of the conversation and save the unrelated rants for articles that are relevant to them. I know that the results that I have had with the products are real. I use the products every day. I never expected it to grow into a very large business. The products sell themselves. There are very few retail sales of almost every product that I cover.

This is my opinion from having covered dozens of MLMs for nearly 10 years now. It came out in court documents that the product did nothing of the sort and it was all sellers lying or being mistaken about their experience. Everybody I know in this company who works hard is making money—good money.

There is not anything wrong with sharing products and making good money. We are not pushy; we are not sales-y. I do not invest any money on trainings put out by the company that is not how this company works. Also, every business spends money every month on its business. How can you run a business without investing in that business?

I quit my teaching job after 18 years. I did not even bring home 3K a month take-home pay at the top of the pay scale with a Masters degree. That pays more than Now I average hours a week and am always here with my children.

I do not attend trainings. I work from home. I have total freedom. This part time investment resulted in a check of around 7K last month. Please be responsible and avoid spreading the financial harm to others. People make money off of you every day—every time you spend money. However, you only question people who work in network marketing. I rarely talk about my business.

I do not try to sell to friends or family at all. I will not try to sell to you. Pyramid schemes are not normal economic systems. Is living those 30 years in debt due to student loans a smarter financial investment every time? People act like being broke is more honorable, kind-of how being unhealthy has become the norm in our country.

I am not trying to recruit anybody here. I already have a successful business, and like I said, we are anything but sales-y. There is not ever any pressure. What we are doing is working. I agree that most people working for a network marketing company act like typical MLM people and go after everybody.

We see people on FB who do that every day. Remember, that selling is legal. Just know that not all network marketing companies are that way and that there are many people who have done well. They have steadily worked at it, though.

You cannot sign up and expect to make a full income in the first 90 days. Maybe part of the problem is people treat a network marketing business as if they are an employee.

Too many people have the employee mindset instead of a business mindset. Always be open to learning from everyone. It is not all black and white. December 29, at Thanks Susan, I responded back to you. In the future, please address the points made in the article with your comments.

December 29, at 3: No, the problem is that people, like you, treat MLM as if they are business owner when they clearly are not. January 5, at 2: The thing about mlm is not for everyone. January 5, at 4: Yeah, there are only a few people in the world who make K a year. January 5, at 5: But do what you want to do because People will judge you no matter what you do. So you might as well do what you want.

Network marketing effort which you can be paid by sponsoring other people and EARNING a small INCOME on THEIR efforts. I personally never like mlm business, the truth is i hated all of that. Why did I do it. One reason my mom was sick. Second simply for the RESULTS … I found nothing else that would give me my freedom ….

January 5, at 8: Yes, people will judge you. People judge Mother Teresa differently than Bernie Madoff. You saw what happened when Madoff did what he wanted to.

This article is about MLM. LOL, I do know what you are referring to, but please use the correct terminology. Or it could be me marketing a product my network of readers.

Neither is an MLM, which is the topic of this discussion. Your MLM must not have educated you well. MLM is a business for people. Never get into MLM for results… or RESULTS… as again roughly Because a-hole MLM pushers lie by telling people with no sales skills that anyone can succeed at MLM. Few people are unethical, stupid, or desperate enough to do that just to try to make a few extra bucks.

They smarter ones eventually quit. Network marketing is a term manufactured by MLM companies because they know that people hate MLM so much that they will run at the mere mention of the word. Corruption and deception are the central pillars of MLM.

Secondly, MLMs do pay for advertising, and so do the distributors. However, their advertising absolutely sucks. The only way to make substantial money in MLM is through recruiting. Virtually every last one of the top earners at every MLM is a recruiter first and foremost. Sure you do poseur and again, turn off your caps lock and stop shouting random words at us.

If your claim were legitimate, you would have provided evidence. It goes something like this: Regardless of whether or not they provide this BS faux-education, all MLMs are essentially useless, except as a means for a few degenerates to profit at the expense of a multitude of gullible desperadoes.

Oh fer F sake, stop it already with the maniacal all-caps shouting and superfluous exclamation points. The income disclosure statements of every MLM that has ever published one shows that the vast majority of participants will lose money. Almost all participants will lose money regardless of whether or not they create a network. January 5, at 7: Vogel seem you have personal problems with mlm or people who are involved in mlm companies.

I have 6 organization, I could show evidence Facebook instagram ect let me know. January 25, at 3: Thank you for writing this. I have been considering joining an MLM and you have talked me out of it.

One of the points in favour of the MLM was the fact that Kiyosaki defends them. Also David Bach and some others are said to defend them. I recently sat through a Bach interview and found the advice to be basic common sense. Thanks again for reminding me not to be a sucker! June 11, at However, there are several concept of the book I simply do not agree with. I have narrow it down to the seven most important.

The Business Quadrants Wealthflow Theory I discover open my eye to the flaw in some of these thinking and concept. Here I present to you seven reasons why Robert Kiyosaki Cashflow Quadrant is wrong.

I had almost posted it on MLM Myth instead of Lazy Man and Money. Glad that I went with Lazy Man. The MLM people say, "Kiyosaki and Trump say it is it the future. Kiyosaki is a failed Amway distributor who got on the best seller list because the organization […]. The Forbes article is a great read at how dangerous the advice can be in flipping houses such as taking on a large amount of high-interest debt. That seems to be a theme with seminars costing tens of thousands of dollars.

Robert Kiyosaki's seminars were caught doing the same thing. Your email address will not be published. Notify me of followup comments via e-mail. You can also subscribe without commenting. Notify me of follow-up comments by email. Notify me of new posts by email.

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Home Blog Consumer Protection Savings Accounts Interest Checking Accounts Top CDs Risk Tolerance. Robert Kiyosaki and Multi-Level Marketing Exposed! October 13, by Lazy Man 84 Comments As some regular readers know, I wrote about MonaViea multi-level marketing company MLMa few years ago and the post has received comments. Why Robert Kiyosaki and MLM? Email and share This Email Facebook Twitter Pinterest Google.

Comments Alex says January 5, at Unfortunately, I continue to be amazed at the gullibility of large segments of the human race. I have one thing to say…Kiyosuckit top that one Vogel. Maybe teamers or LIEfers can explain this one? Better cut that part of showing the plan, LIEFERS!!!!! James, A comparison of MLM to franchising is one of those MLM Mind Games… a poor irrelevant analogies.

The Business of MLM or What Gives Freddy Krueger Nightmares By the way, one of Kiyosaki filed for bankruptcy for one of this companies recently: You operate with censorship?

Why do you delete my comment from to day?

Rich Dad Education

Rolf, I approve all comments before they are published. The page closes off with a pitch to listen to audio tapes, specifically Peter Lynch.

Rashad, That 29 billion dollar industry is largely people overpaying a huge amount for a business opportunity that only exists for 1 person in a thousand. That sums it up nicely Mischa. But I was actually amazed to see MLM companies having regular employees. Funny that because he gave it a big mention on page Lazy Man says: First of all, great article! Long comment there… 1 I respectfully disagree. I find that hard to believe.

I think all of you commented are avg people in terms of income.

This is defiantly do with you people with your small thinking And every where Network Marketing in there, check your self you are also working in anybody network Please Lazy man if you are real man please post this comment. Maybe he prefers MLM because he makes money recruiting people into it? And recently the the FTC has outlined why this is a systemic problem in the industry ] If I had not been open to network marketing, I would be like most people out there: Yes, hopefully you learned something today.

Facts if you join mlm YES the company make money off of you. Lazy Man I see you do your research. Network marketing is a serious business for serious people.

One reason my mom was sick Second simply for the RESULTS … I found nothing else that would give me my freedom ….