From the Desk of Mike Farris
Owner of Mike's Super Stores
Special Announcement - Why Matrix and Binary Pay Plans Are Killing Your Success
We've
all heard of the 80/20 rule... 80% of the work gets done by 20% of the
people. This is especially true in the MLM/Network Marketing industry.
Nothing wrong, or illegal, about online shopping. Amazon is the world's largest retailer -- surpassing Walmart -- and does not have any physical store locations... it's the deceptive compensation plans that are often rigged in favor of the company. Here's a dirty little secret... Matrix and Binary (the two most popular) compensation plans are often referred to as Pyramid schemes, because the system requires a lot of people at the bottom to feed money up the chain to the few at the top.
Not all MLM companies are pyramid schemes — but many are universally reviled by both the people who work for them and the potential customers who are sick of constantly being pestered by friends to buy the products.
Special Announcement - Why Matrix and Binary Pay Plans Are Killing Your Success
Multi-level
marketing (MLM) is a strategy that thousands of
companies use to distribute their products. Consultants get paid by
selling
the product directly to friends and family in addition to recruiting new
sellers into their “downline.” There are no physical store locations
for this type of merchandise — if you want to order your leggings or
anti-wrinkle cream, you have to order online. However, most MLM companies prefer monthly auto-ship lest you forget to order.
Nothing wrong, or illegal, about online shopping. Amazon is the world's largest retailer -- surpassing Walmart -- and does not have any physical store locations... it's the deceptive compensation plans that are often rigged in favor of the company. Here's a dirty little secret... Matrix and Binary (the two most popular) compensation plans are often referred to as Pyramid schemes, because the system requires a lot of people at the bottom to feed money up the chain to the few at the top.
Not all MLM companies are pyramid schemes — but many are universally reviled by both the people who work for them and the potential customers who are sick of constantly being pestered by friends to buy the products.
So
after working in the MLM arena for over 10 years, I
started a chain of Mike's Super Stores, currently 15 Super Stores are operating online.
Mike's Super Stores are more like a franchise. Franchising is the
way to go. It's legal in
all 50 States and enjoys the highest income of all business models.
