Hey Dan here and if you are young, if you are
ambitious, if you are thinking about becoming an
entrepreneur, then you must, must watch this video
because I am going to share the biggest mistake.
I have ever seen people make when they want to
start working for themselves back in my hometown
of Vancouver. This mistake kills friendships. It
kills families and it will destroy your
entrepreneur career before you, even get started.
What are we talking about here? We're talking
about multi level marketing. If you hear someone
talk
Referring your friend, uh M. L. M. Multi level
marketing. I want you to turn and run because it
will destroy your network and your chances of any
kind of longterm success. So one of the absolute
absolute best things about living abroad. I've
been out of my hometown Vancouver for about five
years now is when I go to a coffee shop to work,
not having to listen to someone pitching someone
on some multi level marketing pyramids game well,
I'm trying to
get my work done because the pitch is always the
same and it is always a load of bs. Now I
wanna tell you three reasons why you should avoid
multi level marketing at all cost now. Perhaps
you have not been pitched by a multi level
marketer. Yet and if so, you are very lucky what
multi level marketing is, is essentially a
pyramid scheme, but not what usually is behind it
is some kind of product that needs to be sold and
yes, you earn a Commission when you sell that
product, so usually
Things like juices magic potions vitamins, all
that sort of stuff, mary kay is one of the more
famous ones, so multi level marketing usually
involve some kind of a product. You need to sell
and more times than not okay always recruiting
other people. This is where the pyramid scheme
aspect comes in right sure, you could make enough
money selling the vitamins, but it would probably
take you about 300 hours each week to make
minimum wage so the way you really make money is
recruiting
other people and when they join, they have to pay
some kind of an initiation fee or now it's called
a starter pack where they basically have to buy
every single vitamin in order to be able to sell
them. Ok. That part aside, you probably already
know how that works now. What here's why you
should not get involved and should not actually
join so I have a particular fire for hating these
people because I almost felt victim myself. My
hometown vancouver is playing by multi level
marketer and when you are young and ambitious and
you wanna get into entrepreneurship, they use all
the right words to essentially trick. You and
make you think
That it an entrepreneurial venture to get into
multi level marketing. It is not. So when they
talk about sales and experience and learning that
use all these kind of terms. That might pull you
in if you are a good person and ambitious person,
someone who wants to work hard they'll pull you
in with this kind of stuff the reality is, is
that you are basically becoming a unpaid sales
agent to Commission only sales agent with very
little support. Your training will come from
someone who's almost as inexperienced as you are
and really
Only involved to make a quick buck off the whole
system so first things first, the training that
is promised is bs the other thing is who are you
getting training from you're getting training
from this system. That's really based on hype and
what you'll find. If you pay close attention to
any multi level marketing pitch, they usually
talk about that. One in a thousand person who
made 10000 dollars or whatever it is in the
system. They will never reveal the averages, ask
them what the average sales agent earns and that
will shut them up pretty quickly so everyone
And this kind of a system are people chasing like
a pipe Dream. They're chasing like this hypey, get
rich quick sort of thing is that who you wanna
be learning entrepreneurship from is that who you
want to be shaping your future. If you're, a fan
of the channel, I sure hope I taught you better
than that so any training that's talked about is
gonna be bs and it's gonna leave you worse off
than when you started the second reason to run
from multi level marketing as fast as you can is
that you're teaching yourself to lie. If Look at
multi level marketing. It all a misuse of
language right. It is a pyramid scheme, but it's
not it's multi level marketing right using legal
loopholes to get around the laws you are
essentially a conditional lease sales agent, but
are you called that no, you are called an
entrepreneur, a business owner, all this stuff.
What you're doing is you're training yourself. If
you go through with it, which you will not, after
this video promise me, that so you're, training,
your brain to make language meaningless and that
is not a pattern that you wanna get started with
because it's going to destroy your ability to be
disciplined to reach your goals to follow through
later
The future and the third and not final cuz I do
have a bonus one coming up reason not to get
involved with multi level marketing is that it
will burn all your bridges. I don't care who you
are the people. You know your network is one of
your most important resources and whether you
have a wide network around the world or you're,
just getting started out in business. Maybe
you're, like I was your 21 22. You know you wanna
become an entrepreneur and you're going to all
these events, trying to meet people by the way
that's where they get you, they go in swoop in at
this event, right your network
People you know is gonna be so important to your
longterm success and what does multi level
marketing do same thing goes actually with some
other industries. I won't get into, but like
insurance sales and and financial planning is
they train. You to sell to your family and your
friends because they say the most valuable thing
you have is your network right. They don't teach
you real marketing and business strategies. They
say go, sell your friend goes out of your family
guest. How many times you can call your friends
and say hey um, let's go. Have dinner And then
pull out some sales package before they tell you
to p** off. I have multiple friends like well,
no longer friend from back in vancouver that I
met when I was younger and every time they called
me. They would have some kind of new multi level
marketing. Some stupid pitch and the crane is
like one of the guys he was a little crazy. He, I
remember once he messaged me because I spoke out
against it right. I gave them s*** about it and
said you know do not call me. Do not. You
know this is stupid you're throwing away your
your life going down this road so there's, one
guy messages me
e once and he's like you know, I really
sunk in. I wanna thank you for what you said,
like a few years back it's really sunk in and I I
realized that I was just in this multi level
marketing thing in my I was just obsessed and I
might, I wasn't thinking straight and all that so
blah blah. I'm like oh, that's great to hear you
know what are you up to and he tells me what he's
up to it's another multi level marketing scam
just with a different way of describing it so it
tricked him again the point is the most
successful people you know the people who might
actually have some money to invest in the future
company of yours who might be able to open doors
those people are
To shut the door rip up your phone number, I
guess if they still keep it on paper. I don't
know why they rip it up, go out your phone number
delete. It get rid of you from their life. The
minute you start pitching the multi level
marketing stuff. So protect your network. Do not
get involved with multi level marketing because
those people you know now five 10 20 years from
now could literally be worth millions of dollars.
They could be your investors. They could be your
business partners, but not if you start pitching
them some stupid pyramid scheme. Now and if it
this point, you needed
More reasons not to get involved with multi level
marketing I'll give you one more. Yep. That guy
was a big proponent of multi level marketing.
Some of the companies he was involved in have
been dealing with serious legal issue since so
now you know why you should not get involved with
multi level marketing, but what should you do to
build a business well to find out more subscribe
to the channel up here and I will do my very best
to teach you all about building a healthy
sustainable longterm business