From: ecrjbruce@economics.adelaide.edu.au
Newsgroups: misc.entrepreneurs
Subject: Re: MLMs=Entreprenuers?
Date: 9 Sep 92 12:05:47 GMT
Organization: Economics, University of Adelaide
NNTP-Posting-Host: eco.economics.adelaide.edu.au

In article <18ki2lINNrh2@darkstar.UCSC.EDU>, aryeh@cash.ucsc.edu (Aryeh Friedman) writes:
> In article <1992Sep9.190824.1@economics.adelaide.edu.au> ecrjbruce@economics.adelaide.edu.au writes:
 
> 	Full discloser is something that normal companies do all the time 
> it should be the norm for MLM too.

hendo the big corporations ever give full disclosure?  I always ask life agents
for disclosure on the fee structure their commissions etc which they are
required to provide by law yet it is buried under such a mass of waffle and
technospeak that they don't actually tell you anything.  Our State Bank has
been challenged for years about its disclosure in our Parliament and has always
maintained everything was Ok and that the scurrilous opposition was acting as a
scaremonger to a perfectly good bank. Whenit all came to a head we have a bill
of $3,000,000,000 -  yep three billion dollars - to bail out what was a "sound
business".  Talk to Alan Bond, Michael Milken etc about full disclosure.  There
is no way full disclosure is the norm, unless you count the tonnes of paperwork
that accountants/lawyers throw out to totally blind the issue.  It is very easy
to hide behind accounting standards with off balance sheet companies etc.  If
the USA is anything like Australia there is no way you are getting full and
frank disclosure, and having read some of your company reports (companies in
the USA that is) they seem as jargon filled as ours.

> 
>>OK at least you qualify it with "in my experience", unlike our friend Aryeh
>>Friedman who speaks for the whole world without consulting us.  I don't jump
> 
> 	I thought most people had the common sense to take what I say as me
> and me alone saying it,

sure but when you say "no-one wants to read about mlm here.." I challenge it
simply becasue I do want to read about it (preferably in a-mlm but here if need
be) and you seem to believe that you have a definitive right to speak for me
and anyone else who may be interested.

> but then again since MLM is a religon.

Umm according to who?  It isn't my religion.  So far you have incorretcly
called it fraud, now it's a religion.  It is neither.  It's an opportunity,
nothing more and nothing less.

>  Any attack
> on MLM is a attack by everyone no matter who does it.  Besides when did I get
> promoted to the great anti-mlm being from hell ;-)

Not the anti mlm being from hell but someone who misstated the facts.  And why
is an attack on a mlm an attack from everyone?  Perhaps I am being too
critical, is English your first language.  Note that this is not a flame but
some of your grammar and construction leads me to believe it is not, and that
as a result you may be missing some of the points I am making.

> 
>>OOOHH  goodie, sarcasm.  None of this is flame but I'm sure that you will take
>>it as such. Maybe that will just reinforce everyones attitudes about people who
>>hate something and refuse to accept that others may find some merit init?
> 
> 	Your actually making sense for once (god help me!!!!).

All I am saying is that you should give everyone a go.  MLM is a perfectly
legit way to make a living if you succeed at it, just the same as managing a
net access company is.  It may not be for you, just as your type of company is
not for me, but accept that it is a way for anyone who wants to to get into
business.  Where else can you get the possibility of a 7 figure income for a
total cost of about$100 Australian?  Note that I said possibility of income.


 
>>You seem to think it's so easy, why not go out and makes a few million just to
>>prove how easy it really is for us MLMers?
> 
> 	We do it all the time.

Great, now share the secret so that anyone who wants to can have the same
lifestyle.  That is the greatest benefit of MLM's (at least the true mlm) in
that you or I or Joe Bloggs down the street can achieve exactly the same thing
- success.  

Let everybody have the opportunity to get ahead inlife and stop pulling down
the efforts of others.  If you are as successful as you claim (making millions
ALL THE TIME) why worry about MLM's, you obviously have everything you want so
a few little mlm companies can't possibly offend you.  Or is it that you get
just that little bit jealous when you hear all those success stories?

think about it.

regs

Rob