In the previous week, I was invited by a co-worker to a "E-commerce Seminar" about starting an online business. At first, it sounded like an interesting opportunity to make some money on the side (ha, try to fit that into my schedule). When I arrive at the hotel it was holding, pretty much everyone wore suits or some kind of business attire. In the end, it's called
Quixtar and BWW. All you need to do is to "buy from yourself and teach other to do the same."I have never heard of these companies (or organizations) and this type of business concept. Is this something new? Help me with what you got.
February 5th, 2007 at 12:39 pm 1170679162
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February 5th, 2007 at 08:46 pm 1170708408
lol, i don't know much about Amway either. any personal experience with Quixtar or Amway? what kind of "business" is this called?
February 7th, 2007 at 08:27 pm 1170880071
Additional words: ...at all costs
It's called the MLM scheme of business. MLM = MultiLevel Marketing. These are pyramid type schemes and I have seen my friends and some very close friends getting suckered into this. At some point (after much effort) there is some money, but it's not worth it. One big reason is that in trying to work hard to make money out of it...people start targetting their friends and relatives, and it's all downhill from there. People will start running away from you because you try to be "too friendly" and stuff. And if you join this and meet me somewhere, I will be like "Ok, I don't know you".
February 8th, 2007 at 12:37 am 1170895029
i see your point.
maybe this is an extension from the original question. is mlm similar to direct selling? for example, i've heard of direct selling before, and there are reputable companies like Avon (public company), Mary Kay (public company), and Pampered Chef (subsidiary of Berkshire Hathaway).
February 9th, 2007 at 10:21 pm 1171059707
In direct selling, the actual product is the center point of all the transaction. The value of the transaction is entirely in the product and nothing else.
In MLM, the product is just an excuse to convey a sense of direct selling. The center point of this concept is to hook up more customers who can shell money...who in turn can hook up more.
Of course, in direct selling too, there are commissions for referals and stuff, but again that's not what direct survives on. It survives on the quality of it's product.
Hope that makes it a bit clearer
August 14th, 2007 at 04:53 pm 1187110405
If you look at the way people work day in and out thats a pyramid. One can never make more than their boss not possible. With an MLM you can if you put in the time and effort. If you feel its a waste of time good. Leave the money and bonuses for the people who want to retire at 23.
How could Quixtar be a scam and have companies like Barnes and Nobles Circuit City and Dell partner with them?