Why am I writing this report? Because millions have been hurt and their dreams destroyed because of front loading and product dumping!
I am writing this report because I believe that we must stand up for what is right and warn people on things that are wrong!
"The only thing necessary for the triumph of evil is for good men to do nothing." - Edmund Burke
Network marketing companies and leaders out of greed are killing their businesses with front loading and product dumping!
What is front loading? Members buy lots of products when they are unable to consume them on their own and unable to sell them. Leaders and members do it to qualify for their ranks.
What is product dumping? Leaders who buy lots of products to qualify for their ranks and later dump the products in the market at way below member prices just to get their money back.
Imagine your products are sold to members at $100 and your customers can buy exactly the same product in the market at $50, do you think your business is sustainable?
"The only good is knowledge and the only evil is ignorance." - Socrates
"The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is." - Winston Churchill
"Integrity is the essence of everything." - Buckminster Fuller
Integrity is the foundation of your business and your life. God has made it very clear the importance of integrity, "So in everything, do to others what you would have them do to you, for this sums up the Law and the Prophets." - Matthew 7:12
Front loading will lead to product dumping when leaders who lack integrity will dump the products in the market at less than half price! And there is a group of people who specialize in buying products dumped by leaders at way below member prices and selling these products offline and online!
Now with the Internet, there are no secrets, people know what is happening and when the people see that the company and leaders lack integrity, they will not want to continue doing the business, isn't it?
Network marketing companies and leaders who do front loading and product dumping are literally killing their businesses and hurting their own people who trust and believe in them!
Network marketers came into the business with a big dream that they can earn a good lifetime passive income and become financially free but instead millions are struggling because of front loading and product dumping!
The compliance department has to be very strong and terminate immediately the membership of those rogue leaders who are found guilty of front loading and doing product dumping. Imagine if the police force in your country is not strong, crime will be rampant on the streets and you and your loved ones will not walk on the streets at night.
Network marketing or multi-level marketing has a bad name in the market because too many network marketing companies and too many leaders are doing the wrong things! Poaching of other members and switching lines are rampant. Front loading and product dumping are destroying the businesses!
Millions are struggling instead of earning a good part-time income, and network marketing is word-of-mouth marketing, definitely the word will get around that network marketing is not working as promised by the network marketing companies and leaders.
Network marketing or MLM when done the right way is a wonderful and meaningful business. Network marketing or MLM when done the wrong way is disastrous and leaves a trial of broken dreams and disheartened people!
MLM when done the right way stands for Make Life Meaningful, Make Lots of Money and Meet Lots of Mentors but when done the wrong way, stands for Make Life Miserable, Many Lose Money and Many Lie to Many!
It is time network marketing companies and leaders raise the standards in this industry and stop the vicious cycles of people being disillusioned by having their dreams broken because of malpractices such as poaching, switching lines, front loading and product dumping.
People will stay away from companies that have lots of poaching, switching lines, front loading and product dumping.
Abraham Lincoln said it very well.
"You can fool all the people some of the time, and some of the people all the time, but you cannot fool all the people all the time."
Do the right things to get the right results. At the end of the day you have to face the man in the mirror and ask yourself, "Mirror, mirror on the wall, who is the cause of it all?"
Whatever you do only you know and God knows!
At the end of your life when you are at your death bed, you are answerable to yourself and to God, and you will ask yourself, "Did I do the right thing?"
Love, Learn, Leverage and Live Your Dream!
Bruce Seah
Asia No.1 Home-Based Business Coach
