Hello all, many of you may have had either bad or even worse experience in network marketing. MLM schemes has been really very hard on we Nigerians with their COMPENSATION PLAN. Am not here to tell you stories, or if working for someone else and helping the person to achieve his own dream in exchange for money (salary) is good or not or to share what i read in some books or what i heard about but to speak the voice of my fellow Nigerians to ultimately to let you know the best network marketing company present in Nigeria for us all.
It is said that networking (power of leverage) is the business of the 21st century(Robert kiyosaki).
I'll rather earn 1% of the effort of 1000people (1000% profit) than to earn 100% of my effort because as time goes by due to the wear and tear on me i wont be able to give a hundred 100% output or probably due to sickness.
Jobs are just the exchange of time for money. Here in Nigeria most employed staffs work 8am-4pm (8hrs) daily, 40hrs a week, some work day and night, year in year out, some accept higher positions or promotion which simply means willing to give out more to the company and being stretched to produce over a 100% output, some work mondays to saturdays or even sundays, all to acheive the dreams of someone else (the employer). There is a well known fact in Nigeria that most people say that they only want to work for probably only 5years and set the ball rolling in achieving their own dreams, along d line in the 3rd year maybe, they accept a promotion and the next time they look back they already have 15years work experience, they have gotten married and are raising a family on that job. Only 1 in every 500person in Nigeria would leave end up sticking to their original plan. The fact about accepting a job, being job minded, acheiving someone elses goal or dream is that for you to be good at it, you will have to stick your own dreams and goals in your butt and everyday you go to work and sit in your office, you dig it in deeper and starve it till it finally dies.
The truth is that network marketing companies in Nigeria doesnt really pay us because, all they do is to rip us off and use (network marketers) just to move their product out not caring how they are being sold or paying substantial amount or commissions for both direct sales and team/group purchase/autoship. In my next post i'll be sharing my experience in network marketing companies in Nigeria. There are quite a number of Multi level marketing companies in Nigeria currently. Just to mention a few who are on top of their game and pulling a large number of Nigerians to their business are:
Allaince in Motion
MAKE IT OR BREAK YOURSELF
Two major reasons which every Nigerian who has ventured into network marketing would agree with me that that was what ripped them off the business or who is willing to go into the business should consider or be doomed from the first day you sign up.
1. Wrong Network Earning System : Virtually all the mlm companies that are present in Nigeria today are on a wrong network earning system. All Network marketing is to create a system that gives financial freedom and is suppse to be that every individual in a network earns the % of what he/she puts or effort he/she puts into her business. The reason while people leave their jobs to do network marketing to build a system/network that provides financial freedom where they can also empower their dreams is because their dreams cant be empowered on paid jobs. No employed staff can earn more than the CEO/founder of his firm/company/business. Before an employer would pay a staff 1million naira monthly then he/she must have made nothing less than 10million naira.
If your network marketing company is on a system that says "a downline cannot earn more than his upline/enroller/sponsor then am sorry because ure doomed even from the first day cus no matter how hard u work and how serious you take your business, you can never earn more than your enroller which does not abide to the rule of creation of the industry itself.
A good mlm company gives change for any downline to earn more and even way more than your upline. This is the major reason why we nigerians always rush to join new companies when they come around so that we can be the poineers of the business in the country be on top to earn from every one who hear bout the business after us while we just sit back and enjoy the power of leveraging. Thats why there is this saying now among everybody who has had, heard about bad experiences in network marketing that "dont join that company because all your hard work would just be putting more money into the pockets of the guys who first joined the company (the pioneers) while you just get the remaining change. This is the BIGGEST NEGATIVE network marketing can face because it just keeps going on and on that people dont bother joining a company that is more than 1year. Ask the person inviting you to join his team or company today this simple question. Say it like this so that you would get a sincere answer "can my downline ever earn more dan me?" Dont say "can i earn more than my upline?" Because most of them would tell you lies. You would hear answers like "its not possible because he/she is your DOWNline he/she cannot earn more than you" some would even go ahead and say "if your downline want to earn more them he/she should get his own downline who would put in the same effort he/she has put in" now that is working for sumone and basically speaking your upline is not giving you a platform for financial freedom in a real sense i would say your upline is employing to make money for her and get a fraction of the earnings to yourself.
2. Level of Direct Marketing/ Targets: Looking from the angle of an average Nigerian who is either working taking network marketing as a financial alternative to his/her job until he/she attains financial freedom in his mlm company or someone who wants to go all the way to making network marketing his source of income the level of direct marketing or target is a very vital point to note in networking.
Note- Any network marketing company that doesnt demand you to buy their product at least monthly would not stand the test of time. This is multi level network marketing so you must buy the companys product or products to keep it going. The BIG question is HOW do they demand you to do that?. How a network marketing company demands its members/distributors (viewing from the aspect of an average Nigerian person) is most critical becasue it would either make or break the person no matter how self motivated or induced motivation the person/individual might have received.
This is the peak of what some Nigerians have gone through in network marketing or probably you might have a worse experience please dont hesitate to share so we can all learn. A friend of mine who after seeing what ave gone through in network marketing who is even more focused,doesnt give up,self motivated individual called James got into a network marketing company (name withheld) who produces drugs too and other food supplement product signed up with the company and at the point of signing up he was told he wont ave to buy the drugs and products of the company that he should just choose thd network package he want either to bring in 200,400,600,800 or 1000people into the business. Now since he was just starting he said he would go for 200people package. Now get this,he was told he would earn N2000 on each person he introduces into the business, he would receive the bank alert of the money being payed to him buh he cannot collect or withdraw the money because it is virtual until he hits his 200people target. James was so determined and driven by the alert he was getting so much that in 9months James already brought in over 150people into the business but things suddenly changed when James ddnt have enough money to travel because he immediately travelled to Enugu where he said his people are to do his business and he wanted to move to ebonyi. After 12months James has introduced roughly 170people into the business. Joyfully in the 15months he made it to 200people and called me up to go with him to collect his earning (abt 400k). On getting to the company we met a great SHOCKER when the counter lady told us that the system has wiped off about 50ppls registration because he took him more than 1year that he had just 3months to bring in another new 50pple before the system delete another 30.. Despite the dissapointmnt James was still determined to never give up, he raised up some funds and moved straight to ebonyi where he got 50pple in just 2months, den he called me again not evn doubting but very happy that we should go collect his earnings together. On getting to the office again, the counter lady checked her system and then congratulated James and gave him a big form to fill, after filling all his details in the front side of the form we where asked to turn to the back and continue where we say names of all the drugs, capsules, and supplements the company has and we where asked to tick the quantity we want for each product then i asked the lady what was goin on anf she said "70% of the money he is to collect would be used to give him the drugs we tick and the other 30% check would be given written for him. James was paid N120000 and given drugs worth N280000 to go and sell and make about 40k profit after selling all. James collected the moni and dashed out the drugs but made a vow that there is nothing you can tell him that he would listen to you in Network marketing.
If your companys monthly purchase of product target is more than the limit to what you can earn from registration alone then its not worth it because for every month you have to meet your target to move up and for every month you do that and you cant sell out the product then you are doomed because in no time you would hit the streets, molue(911), become a semi-pharmacist to push those product of your out evn if u dont make profit. You dont earn N2000 on each person you enroll or introduce into the business and be placed on a 30k target of product every month. The worst part of it is when your company now tells you that your enrollment earnings are tied to your target so if you dont meet your target you'ld earn nothing.
Ask questions and if you are oppurtuned to meet the top earners of the company, after asking them about what and how they earn what they earn also ask about their monthly targets. Shockingly you will find out that no matter the amount you are being told at the begginning that the higher you go, the higher your target goes. E.g. A 1m naira earner of one of the giant mlm companies in nigeria buys about 400k worth of product every month, the question i asked him when we met was not about the 600k he takes home but about the 400k worth of product he buys every month and he told me he has been on dat level for more than 4years because he is a pioneer memeber of the company. Ask yourself, is that the kind of finamcial freedom you want??