Nice to hear

Life, People No Comments »

Hi,

   There is a TRUE saying , "there goes again, somebody got cheated again". People have been cheated over and over again years ago and for years to come. 

    Beware of any marketing plan that requires you to pay a few thousands of dollars ONCE in your lifetime.  They say you DON'T have to find or recruit anybody and you get paid monthly forever, or sometimes they make it sound realistic, for a certain number of years.

It is nice to hear, soothing to the ears, but these kind of money making investment, with so high returns will never last.

People like to hear good things, so say what they want to hear, rather than telling them the truth.

Those companies that users these plans never last 3 years.

Choose other plans, there are many in the market.

I m sure many out there have been cheated with these sweet and nice words.  


Authored by Hock H.E. Tan on 11th June 2011

Can You Smell Scam?

MLM Company, MLM Overview 2 Comments »

Hi,

   I am looking for people who wants to earn part time income. It can be a 4,5,6 figures income per month.  I have done a lot of research in MLM Industry since 19th July 1975 and I found out that there no 100% perfect marketing plan, but I am able to spot a scam, when I see one.

   When I started MLM in 1975, there is no one to help me. Everybody are in the dark. The blind leading the blind.  If you join MLM now, I can help you.

    The true MLM business is good.  People who start business using MLM as a disguise, are call Money Maniac. These people are the one  who spoil the MLM name. These kind of people will be around for years to come.

     Now the best part is these people say openly that they are not MLM companies but still using the MLM concept.

     Some of these people are able to get an AJL approval from the government to start MLM business. So these people have a bigger Money Maniac people to support them. 

     Then again if you find a true MLM business, you have to look at the marketing plan .  Is it distributor friendly plan? Which will be the best company to join? I have found an almost perfect MLM company. This company is taking my advice to make some changes to make it a distributor friendly plan.  Do get in touch is you are interested to know more.

      Thank you for visiting my blog.  I wish you all the best that life has to offer.

Authored by Hock H.E. Tan on 18th April 2011

MLM scam

FAQ, Marketing Plan No Comments »

Hello everyone,

Today, I want to talk about identifying a scam in the MLM Industries.

This guy comes to me and tell me: " You invest one time only. Once in your lifetime investment and you collect money every month "… " it is easy "

This will only apply to those selling coffins. The customer will need the coffin once. There is one time, a company selling coffins through MLM system.  

Imagine a businessman telling his customer  " next time you don't come and buy from me. I only sell to NEW customer ONCE."

MLM companies, NEED repeat sales. They will require you to do maintenance. Some requires you to do only group maintenance. And some requires you to do personal maintenance only. Some even both.

REMEMBER, if you need to pay ONCE only, forget it.

Authored by Hock H.E. Tan on 14th January 2011

Swisscash

Life, People No Comments »

I sat on the table with a newspaper lying on it after ordering my breakfast.

The heading "RM31 Million Return" on the front page of the newspapers caught my attention!

Investors of the Get Rich Quick Scheme Swisscash who lost their investment will get some of their money. Security Commission (SC) managed to solve the scam involving RM31 Million and those who entitled for the returns will have to fulfill certain conditions including the proof as a principal investor and not involving any recruitment of other investors.

There are about 3,000 investors lodged reports and claimed their lost is because of their involvement in the internet investment scheme.

About 80% of the victims are male professionals.

Swisscash Internet Investment scheme was banned by the government and its website was closed in 2007.

Authored by Kevinn Tan on 10th December 2009

Internet Investment

Life, People No Comments »

In 2006, you can see many people in the coffee shops with notebooks explaining to their friends about doing some investment through the internet. We could name it as an Internet Investment with very high returns.

People are looking for fast returns and without a doubt many turn to this kind of investment promising daily interest. Moreover with the help of so called "investment agents", mostly comes from MLM background, the news spread even faster. The daily interest depends on the amount invested. The bigger amount you invest, the higher percentage of returns.

The above print out shows the statement and as you can see, the "Earning" is the daily interest of 1% paid from Monday to Friday, No interest for Saturdays and Sundays.

There are also commission paid for every investor you refer to join this program. This is where the MLM people comes into picture.

The websites providing this HYIP (High Yield Investment Program) is called piclub.us and forexcapital.us to name some. There are many others appearing like mushrooms out of nowhere. Internet Investment was extremely a hot topic and this phenomenon disturbed the growth of many MLM companies.

Today, the government has put a stop to this schemes.

Authored by Kevinn Tan on 21st November 2009

I didn’t think it could happen to me

FAQ, Life No Comments »

The title of this post may have two different meaning.

Let me read it again " I didn't think it could happen to me."

It could be something good or extraordinary events happening to someone. Perhaps that someone achieved great wealth, or an opportunity to advance further in life, something that changes his or her life forever.

First meaning is about some unbelievable event takes place in a person's life – Some positive outcome.

I would like to talk about the opposite. I would like to relate what I have read from a newspaper article yesterday to a real life event that has happened in my life. 

These scams usually via the internet, are targeting the internet users. Nowadays, the younger generations are the victims, mainly because of their peers and due to inexperience about such matters. 

Making money through internet investment and earn extra commission by bringing others to join the investment.

All of us are human-being with feelings. Greed is one of them and it is in everyone of us, including me.

Not too long ago, many people are involved or absorbed into this kind of internet investment scam and at that point of time, many MLM companies sales drops tremendously.

The reason is, almost all MLMers are involved. Not only these companies offer good ROI (Return Of Investment) but they also have the sponsoring mechanism in their program with interesting commissions in bringing more investors to join the program. (scam). 

Nobody to be blamed. Just be aware that money just doesn't come that easy and neither does the trust from friends.

Authored by Kevinn Tan on 26th May 2009

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