Pyramid Scheme

Have you ever had your business referred to as a pyramid scheme?

It probably is!

Think about this.  What is the structure of most companies?

  1. A president or CEO.
  2. Larger companies usually have more than one Vice President
  3. Each Vice President has more than one Regional Manager
  4. Regional Managers have Unit or store managers
  5. Unit Managers have multiple departmental managers
  6. Departmental managers have multiple staff

As you go down the list, each individual gets less and less of the pie.  If any one level is dysfunctional, the whole thing can collapse.  Just like any pyramid scheme.

How often have you criticized a friend or family member’s MLM/Network Marketing/Direct Selling business?  Have you ever actually taken the time to listen to their business offering?  Do you really understand their business?

If your loved ones opened a store, you would go check it out.  It may just be a courtesy but you would do it.  Remember that their MLM is their store, it just doesn’t have a fixed address.  Take the time to show your family and friends that you really do care.  Visit their “store” and at least understand their business.  Their product may not be for you but you may well know someone it would apply to.

You expect your friends and family to buy products or services from the company (pyramid scheme) you work for!  Why wouldn’t you do the same?

Compensation

Most MLM structures actually pay more and more as you go down the line.  You have direct control over where you fit in the plan.  It’s all based on your own efforts.  Each level is motivated to help those “under” them improve because it just improves their own bottom line.

Pyramid schemes can be good for you.  Don’t knock it ’til you try it.  Oh, and by the way, the result is largely dependent on your own individual efforts.  If it’s not working, it’s you.  Either you chose a business that doesn’t fit or there is something you need to change about how you approach your business.

You can’t refer to your friends and family if you don’t know what they do.  Go find out.

 

Make it a great day!

Barry

P.S.  What am I thankful for today?  I’m thankful for family.  I’m thankful for faith.  I’m thankful for life.

What are you thankful for today?