Chuck Huckaby shares some lessons he learned about a Network Marketing company:Â
Here was the deal, if you wanted to earn $10,000 per month you
1) Signed up in the program which was a paper and ink program as I recall with an information product and paid your monthly money to that.
2) You paid this guy what you wanted to earn for one month up front to do all the work for you. If you wanted to earn $25,000 per month you paid him $25,000 to “do all the work� and in 12 months if you didn’t earn $25,000 (or whatever you paid) he’d refund the difference.
In theory this could have worked.
You just take all the people who wanted to make money and enroll them in your downline in the order of who paid you the most money first.
Given the national direct mail he did, it must have created a monstrous tracking problem so, evidently, he decided… why bother with refunds?
Details only worry honest people.
Lessons learned:
1. When the business promoter starts waving the American flag, patriotism, and saving the world before asking you for money, remember that’s the same trick used in a shell game or magician’s trick.
2. When someone says they’ll do all the work for you, they probably won’t.
No, I didn’t buy into this one. I saw lots of others do it though.
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