A friend approached me to say she had a brilliant idea on how I can get rich quickly.
She was going to give me a new range of consumer products that sells thrice the cost price. I asked if that is all and she explained that it was some sort of ladder marketing.
The more sellers I introduce under the scheme, the higher my profit…eventually, I will be eligible for perks like a fancy car and a trip to Dubai or the Caribbeans. As much as one of my aspirations for this year is to travel outside Nigeria even if it’s Cotonou, I started walking away.

You see, I have had a bitter experience with this multi-level marketing, network marketing or whatever it is called and I swore seven years ago never to involve myself again no matter how desperate I get.
Eight years ago, my family literally invested all we had in one IFFA multilevel marketing scheme that operated under the umbrella of Diamond Bank. That was when I first heard of multi-level marketing and my dad thought the idea was genius. Who wouldn’t when the package came with a customised debit card for each participant to cash out their ‘millions of naira’ months later.
We sold most of our shares in the stock market to fund this and introduced everybody we knew to our ‘tree’.
I remember when a rich uncle gave me my twenty thousand naira and my dad used all of it to get the IFFA forms so I could issue out to my classmates.

We spent weekends attending nerve-racking motivational rallies held by the stinking rich organisers of IFFA who rode on the ignorance of people like us to get to where they are. By the time the scales fell from our eyes, we had lost all we had including the goodwill of those we introduced. All we had left were thousands of IFFA registration forms we were now using to wrap melon seeds at home and debit cards littered like a pack of cards around the house. And where were the so -called organisers?
London, today;
Paris, tomorrow;
America during the weekend;
Because they worked hard and persevered unlike our lazy asses.

That was how a friend I met during NYSC told me on the day of POP that he is going to stay behind in the village he served to sell coffee under one multi level marketing scheme!
He was trying to convince me to stay and join the coffee scheme too since my house rent had a 2-year expiration period.
That was a 2’1 graduate of Electrical Engineering who started his service year with an aspiration of working with a multinational company and he’s was just going to abandon that beautiful dream to sell bitter coffee after he had been brainwashed.
I mean who even drinks coffee in Nigeria? Talk more of rural areas? I don’t know the story ended cos I cut off friendship with him after NYSC to avoid post POP stories that touch the heart and soul.
Same way I feel about GNLD and co. I don’t mean to knock anyone’s hustle but I refuse to be swayed by the vacation photos on Instagram of those who hammered by networking others 2000 years ago.
Never ever!
Currently, anyone who approaches my family house and mentions the words, ‘network marketing’ or ‘multi-level stands the risk of being stoned to death.
What are your experiences with multi-level marketing?



http://www.naijasinglegirl.com/multi-level-marketing-nigeria-419/

My sister! it is only when i hear of this multi(ponzi)marketing shi.t, that is when i know that i can truly approach the speed of light when i zoom away from them!


They be scam o! Executive one for that matter.

It is better i hawk Gala and lacasera at obalende bus stop than to consider that as a means of livelihood. Painful thing is that they now come in different strategies.

Hmmmmm. Ndo

Not an experience but I know a few people in It. It's a pyramid scheme. Those at the top are fleecing those at the bottom. The only difference is that there are some products being peddled in the process.

lol! most of them are just ponzi schemes

Whatever experience I have had is definitely and obviously not a good one.... I guess just like every other nigerian they are also trying to survive ,but to the detriment of innocent and sometimes gullible people.

I've never been taken by such schemes and I never will. Most of them are just cheap exploitations

My experience with them wasn't as crazy as urs tho. After my Nysc, i stayed back in Porthacourt really hoping to get a good job n settle down...so one of diz days of job-hunting...I stumbled on diz wall advert dt says "Can you work in NNPC? Call 080******* #200,000 per month" Trust me, I was a bit skeptical abt it bt a part of me cudnt jst ignore d 6 digits figure n considering d fact dt i was new to d job hunting market...I immediately cald d number, it was a guy, he told me to send my name,e-mail and location to his phone right away...again i felt a little uneasy abt d fact dt i av to send my house address to som1 i dnt even knw...den a part of me reminded me if truly i needed dt "oyel money". So i sent d details to him...#2 weeks after# I was invited for an interview with "NNPC" at a stipulated address. I immediately took my white shirt and black trousers to d drycleaner, Ironed and well starched. On d day of interview, got up as early as 5am in order to beat traffic, tuk ma bath...by 6:10am i was out of d house so i can get to d venue b4 9am which ws wen d interview will commence. Traffic dt day ws crazy, i felt lyk i cud use dt my "GTA cheat-Rocketman" to get to d interview venue as fast as possible. To cut d long story short, i got to d stipulated address, i saw old men, old women, young men who were on suit n tie jst lyk me, it ws a mixed multitude. I cudnt rightly place wot it lukd lyk, a church crusade? Agbero meeting? Community elders' council? I was confused den i quickly walked towards one of d guys on suit n asked him if he was also here for d NNPC interview, he sed no o. His was GTB. i was shocked to my bones. At dt time, i knew somtin ws wrong...I told d guy, i was leaving, e persuaded me to wait so we can see wot diz ppl were up to...dt ws d annoying part; succumbing to his persuasion. To cut d long story short, it ws after 5hours of dia fruitless rant dt i realised i've been tricked to come for a GNLD seminar. I just "jejely" carried myself and somnolently went back to my house embittered.

More like multilevel scam.

I have this female fellow corp member who is into GNLD. I hav tried as much as possible to make her have a rethink concerning this her new found love of goin thru untold stress but she would not listen. She goes out everyday of the week even Sundays. she would leave before 8am and return late at night...

I just pray she receives sense one day

IFA, isn't it that insurance MLM stuff, which its customers are to register for one out of five insurance policies, policies of cancer diseases that don't affect Nigerians nor Africans, mtcheeeew, i never trusted it, but it got a lot of people because of the ATM that would be immediately issued when one registers. Kikiki Lol so you fell for it

And dey r also d people dt would advertise posts in all ds job websites , invite U 4 interview 5 minutes after U send ur cv...only 4 them 2 tell U 2 bring 5000 & 5 other people 2 bring 5000 & U start getting 5000 on d 5000'th person.‎

D so'called 'GM' would now b telling U dt U r a fine gal oo...

Kai, we don suffer ehn.

He he he he....cant just stop laughing

the gnd seminar is really brain washing even secondary school student. Their seminar is so colourful that you will think its as easy as they said.


Most of the job posters you see on the street, express road, wall like event, hushering job, factory workers etc are part of gnd scam. They call you for interviews but when you get there, you see different set of people trying to brain wash you outside the gate. Who don't want to go to dubai or paris to see the white man they used as model in their banners and posters

The latest and the strongest one now is Alliance in Motion AIMGLOBAL people around me are trying to convince me by all means infact i am tempted to join but i know as a matter of fact the end will not be palatable

Everybody wan chop

Sowl:
Whatever experience I have had is definitely and obviously not a good one.... I guess just like every other nigerian they are also trying to survive ,but to the detriment of innocent and sometimes gullible people.

I give you a like.

mine was a bitter experience,i borrowed 36k from my sister to do Alliance in motion AIM.I thought my search for job has come to an end with the kind of watery virtual and pseudo benefits listed on their sites and forms.Little did i know i was swimming ointo an ocean of debt.Most annoying thing was,i was given drugs that would expire in between 3 to 6 months.I never took expiration date into cognisance until after like a months i moonwalked into the vague scheme.Though i later bit my finger which was burnt and battered.I vowed never to welcome nor listens to anybody that bring any goodnews abt mlm,even if the person appears in the forem of an angel.

tinnymerit:
mine was a bitter experience,i borrowed 36k from my sister to do Alliance in motion AIM.I thought my search for job has come to an end with the kind of watery virtual and pseudo benefits listed on their sites and forms.Little did i know i was swimming ointo an ocean of debt.Most annoying thing was,i was given drugs that would expire in between 3 to 6 months.I never took expiration date into cognisance until after like a months i moonwalked into the vague scheme.Though i later bit my finger which was burnt and battered.I vowed never to welcome nor listens to anybody that bring any goodnews abt mlm,even if the person appears in the forem of an angel.

Tell me more about this. Am doing some research for my folks and Alliance in Motion came up. You mean all the claims are fake?

suyamasta:
The latest and the strongest one now is Alliance in Motion AIMGLOBAL people around me are trying to convince me by all means infact i am tempted to join but i know as a matter of fact the end will not be palatable

Tell me more. These people are on every radio station in Lagos. I know their names. So they are lying? I want to cut my loses. They said SHOP ONCE EARN FOREVER? Why have these companies not been been exposed like the pyramid schemes of the 90s?

my own opinion; so don't eat me raw. I've been in d mlm biz for sometime now, i joined when i couldnt get a good job almost a year after service. I made some money, good contacts and loads of experience and self development that's helping me so far. though I'm presently not fully involved for now because part of my experiences was one bitter experience I had in d cause of treating a very beautiful child with epilepsy. d experience really shook me I just had to take a break. but outside that I love mlm n I'm going to do it again. not every mlm is bad. it's just about what u see, what u blive in and what u want.

Naijasinglegirl:
A friend approached me to say she had a brilliant idea on how I can get rich quickly.
She was going to give me a new range of consumer products that sells thrice the cost price. I asked if that is all and she explained that it was some sort of ladder marketing.
The more sellers I introduce under the scheme, the higher my profit…eventually, I will be eligible for perks like a fancy car and a trip to Dubai or the Caribbeans. As much as one of my aspirations for this year is to travel outside Nigeria even if it’s Cotonou, I started walking away.

You see, I have had a bitter experience with this multi-level marketing, network marketing or whatever it is called and I swore seven years ago never to involve myself again no matter how desperate I get.
Eight years ago, my family literally invested all we had in one IFFA multilevel marketing scheme that operated under the umbrella of Diamond Bank. That was when I first heard of multi-level marketing and my dad thought the idea was genius. Who wouldn’t when the package came with a customised debit card for each participant to cash out their ‘millions of naira’ months later.
We sold most of our shares in the stock market to fund this and introduced everybody we knew to our ‘tree’.
I remember when a rich uncle gave me my twenty thousand naira and my dad used all of it to get the IFFA forms so I could issue out to my classmates.

We spent weekends attending nerve-racking motivational rallies held by the stinking rich organisers of IFFA who rode on the ignorance of people like us to get to where they are. By the time the scales fell from our eyes, we had lost all we had including the goodwill of those we introduced. All we had left were thousands of IFFA registration forms we were now using to wrap melon seeds at home and debit cards littered like a pack of cards around the house. And where were the so -called organisers?
London, today;
Paris, tomorrow;
America during the weekend;
Because they worked hard and persevered unlike our lazy asses.

That was how a friend I met during NYSC told me on the day of POP that he is going to stay behind in the village he served to sell coffee under one multi level marketing scheme!
He was trying to convince me to stay and join the coffee scheme too since my house rent had a 2-year expiration period.
That was a 2’1 graduate of Electrical Engineering who started his service year with an aspiration of working with a multinational company and he’s was just going to abandon that beautiful dream to sell bitter coffee after he had been brainwashed.
I mean who even drinks coffee in Nigeria? Talk more of rural areas? I don’t know the story ended cos I cut off friendship with him after NYSC to avoid post POP stories that touch the heart and soul.
Same way I feel about GNLD and co. I don’t mean to knock anyone’s hustle but I refuse to be swayed by the vacation photos on Instagram of those who hammered by networking others 2000 years ago.
Never ever!
Currently, anyone who approaches my family house and mentions the words, ‘network marketing’ or ‘multi-level stands the risk of being stoned to death.
What are your experiences with multi-level marketing?



http://www.naijasinglegirl.com/multi-level-marketing-nigeria-419/

Well there is no gain saying the fact that a lot of Nigerians have had their own often bitter experiences with the whole network marketing saga.

But World's richest billionaire, Bill Gates said "if i would be given a chance to start all over again, i would choose NETWORK MARKETING" meaning even if you take all his billions today, with network marketing he will bounce back to be world's richest man again. How inspiring!!! If you must know, network marketing is the reason why Bill sleeps and wakes up everyday $4 million richer, doing nothing.

That is to tell you that regardless your opinions, network marketing is the koko when it comes to financial freedom. Now, I respect your skepticism though about this particular business concept, and why most Nigerians don't want to have anything to do with anything that appears to be like a networking stuff, or like they put it "MLM" (even if the scheme is only wearing the monkey jacket of networking,most Nigerians immediately take to their heels) taking cognizance of your respective experiences, but i will like to ask you this question - does the fact that cars are prone to having accidents stop you from buying one if you have the money? Like in debates that year, 'i leave that question for my opponents to answer' lol.

Friends the truth is, if you really want to experience a difference in something, you just have to try out something new because like the popular adage goes "you can't expect to have a different result when you keep doing the same thing" or however it is put..lol.

But what I'm trying to buttress here is that in a network marketing system, you work with people and like Pam Moore said "you can never go wrong by investing in communities and the human beings within them". In every network of people, your success is assured by the joint effort of everybody which is so much better because personally i would love to earn 1% of everybody's effort than 100% of my own effort. I don't know about you but that's what i would prefer and i think you should. Networking and investment always go pari pasu, meaning haven created a network, there has to be an investment into that network, which is but a token to what you stand to gain back in a matter of time.

Network marketing really is what we all need to get to that status where every person in the system is financially independent as a result of the joint efforts of team members.

Now let's look at the statistics, 75% of America's economy is composed of small and medium scale enterprises which are a small network of people serving as a feeder matrix for the bigger dogs. Lemme not get too technical here, but basically that is why till tomorrow America's economy will remain strong because the cash flow in her system circulates within people, unlike here in our beloved country where some persons are ontop of the bullion van while others are.... Well you know the rest...lol.

Now upon my critical observations over time, you will realise that the most parts of the complains about network marketing comes from networks which often time are engaged in the buying and selling of products. Although am not condemning here, but the reality is that when members cannot meet a particular sale volume for the month, you see that they are not given their due reward or worse still are made to retrogress haven attained some level before. And that's the part that's really not cool. And exactly why the complains come.

Another thing is that most Nigerians fail to critically consider and re-consider the sustainability plan of these different networks springing up on a daily. Once the offer seems enticing to them,they just jump on it, without checking to see if the firm has the potential to be sustained over time. Now when the network crashes tomorrow, you see members who fell victims come out to generalize that anything called network marketing is a scam, trying to even poison the minds of those who are interested in trying out a network for themselves, when they have not done their basic fundamental ground work and analysis. I consider such claims totally outrageous. So for me, sustainability is one major thing i look out for before joining any network regardless her enticing offer. And you should too.

Networking in itself isn't such a bad thing to try one out today. All you have to do is ensure you first carry out the basic check of certain criteria. And i can stand to tell you that authoritatively that although there still exist the bad eggs, but not all networks are the same.

I studied chemical engineering uniben, done with nysc (served in rivers state) nd was cds president of my cds group. Still in port Harcourt, I joined a network that has really been a blessing to me and today, some of my cds members and ex president colleagues as well joined in and are making their money for themselves, totally forgotten their days of skepticism. Here, there is no buying and selling of any products whatsoever (because i particularly hated the thought of moving up and down the street trying to market any products) and there is no monthly sale volume you have to meet up with. Also, here, overtaking is very much allowed unlike some networks where you never grow past the person that introduced you, because of their pyramid set up. I personally overtook my upline so i know exactly what I'm talking about. And here, we are a TEAM. As at when i told the principal of the school i served with about the network, she immediately joined and also registered 6 members of her family same day and aside her salary,she's making her cool money too. She even told me of her first alert that she got and i could see the excitement all over her face.

Now I'm not saying all these to try to convince anyone to come join.No. i believe that our lives is a product of the choices we make and that the choices we make today goes a long to shapen our future tomorrow. All networks are not the same, u just have to be in the right one. That's my take. The only difference between a rich and a poor man in our society today is opportunity. Make wise use of the ones that come your way today so you can have a shelter for your future tomorrow. Remember if you don't make up your mind to be at the top, nobody will take you there. and Joining a network today can make the whole process to the top faster for you.

I still get paid. You think its too good to be true, i still get paid,. You join me,we both get paid. And if you don't join me, i still get paid. Because of time and space, You could reach me on 08136639283 so we talk more

not every MLM is bad or a scam. Truth is; some are genuinely real. People just wanna sit down & count money without putting in an effort. I am presently doing one & I must say its been a fantastic experience. I don't need to hawk products or drugs etc. I don't need internet or any forex. I make cool cash in Naira into my local bank. They are an indigenous investment firm in Nigeria. Not some Chinese or Korean stuff. I tell you, some MLM are real!

That was how 1 guy was persuading me to join one Helping Hands that lots of benefits ( ranging from laptops, cars, millions and paid trips abroad and so on) awaits me if i join. I asked him to snap and send me the picture n receipt of the laptop they(H2i) gave him to convince me only for him to tell me he just joined and is in level 2(stage 1), i laughed hard o. I asked him, if it takes level 2 with about 5-7 stages to complete how many will it take to get the car? The guy said i should calm down o, that when i join, i will know how it is being done.. He called me and we talked for 16 mins (stil on the convincing matter), sent me pics of people who were given cheques, a video of a woman who won a car. After much questions and answer session with his inability to answer some questions, he said i was silly and i told him that If trying to protect my hard earned cash(even if it is #6,600) and my interest makes me silly, let it be.. These guys can sweet talk you ehn, but only the gullible will fall for them.. It is good to be optimistic, but balance it with reality and you are good to go.. At last we had a deal which is, i'll join anytime he receives his laptop from h2i. I'll post pics of our conversation when i fix my phone.

The government should do something about these so called MLM companies


It's a scam!
There's no need to sugar-coat it


People have lost their investment, saving, livelihood some even their lives!


If it's that easy to make so much money why would you invite outsider to it and not your family members alone.

K

Today is my birthday my fellow Nairalanders' please do the needful need 100 likes