Title | : | Is Multi-Level Marketing A Scam? |
Lasting | : | 8.17 |
Date of publication | : | |
Views | : | 610 rb |
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It's clear Dave has friends who are successful in MLMs Comment from : Ched Beckford |
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MLMs are just Time Shares for poor people They sell you something that sounds great but it’s all just a way for a wealthy company to take advantage of people who don’t know better Comment from : crowtservo |
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I believe in products MLM company like tupperware still have unique good products Still Its just how you exhcange money With good product or garbage like by only recruiting not selling products Comment from : absolutereazon |
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MLM is not a scam Dave is correct on this one Comment from : International Personal Development Association |
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lol Ramsey is making it seem like it's possible to be successful in MLMs without explaining that it only works if you get in early and even those that are "successful" are coming out and showing the predatory practices being used in these MLMs and how they work more hours than an average job and make considerably less money it's just not worth it Comment from : Crystal Mendoza |
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“Better than I deserve” brLord bless those who admit it Comment from : Ummy Horse |
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Utterly disappointed in Dave An MLM is an unethical business model and it destroys lives Honestly, it sounds like Dave was not prepared for this conversation Explains why there is 266K views and only 87K likes Comment from : William Tuepker |
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I really like the straight-up explanation of what it takes to succeed in this type of business I think that kind of explanation would go a long way in helping people who are recruiting primarily shift from recruiting tactics that turn people off, to focus on sales and sales training for those that self-identify as wanting to try selling the products The Amway business in particular could benefit from a more product sales perspective and let the IBOs come more to the top- Im not against recruiting, desperation can lead to manipulative tactics though, and that turns people off It doesn't have to be that way- sell it and build it the way the founders recommended- by selling products first Comment from : Steve Gus |
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Dave, I know you’re not stupid You understand what these schemes do to people This was piss poor advice and I have no respect for you Comment from : Bobbbybags |
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now why would Dave not condemn that mess? shame Comment from : Payback129 |
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the issue is the generally overpriced product that is unsustainable to the business model and difficult to sell Comment from : iheartstorksc |
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YES IT IS Comment from : Htm 13 |
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Yes It’s all a scam Comment from : Catten Whisperer |
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Of all the people to not know how terrible MLMs are I wouldnt think it would have been Dave Very disappointing that he hasnt done his research on this so he could lead his listeners properly Comment from : Courtney D |
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Fun fact if everyone in a down line recruited 6 people each it would only be possible to get to 12 layers of recruitment before it fails It is mathematically impossible for MLMs and recruitment to be profitable for majority of their people who join Comment from : Alec Nguyen |
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Yes Saved you 8 minutes Comment from : HJ |
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There’s nothing evil or wrong with the business, Dave? Most people lose money in these cults, Dave Why don’t you try coming down from your ivory tower and ask some regular folks? Comment from : M H |
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Dave is certainly correct when he says you really can’t expect to do well in MLM only working part-time I know someone making over a million/year on MLM However, he’s very talented at what he does and works at least 100 hrs per week He also is constantly traveling the world recruiting and promoting the business Comment from : Kevin Crowe |
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MLMs are pyramid schemes without the upfront payment Really no difference They are weirds cults, and should be illegal in my opinion Comment from : Kristen Lei |
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I’ve been researching for a week straight and this is the most clear concise and helpful advice I’ve either heard good or bad This guy gives you the truth fr Comment from : Asamy XL |
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Compare how Dave answers this question vs how Ramit Sethi does on "How to Get Rich" I don't understand how Dave can be against leases, debt, and credit cards but have such a soft stance towards a business as predatory as MLMs Come on Dave Comment from : Antony Bui |
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I don't get how you could not deride people who are setting people up to fail from the beginning Oh, I guess they're your friends Comment from : Josina |
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Wow, sure didn’t expect to hear Dave say that Amway, and other MLM are a good idea Please, anyone considering getting into an MLM, do your research There are plenty of individuals who will explain how people end up ruined after getting involved in these scams Comment from : Donna Dixon |
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He ain’t gonna find retirement in an mlm company, especially part time 🤣 Comment from : A name |
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Anyone knows HGI ? Comment from : Shyam Kheni |
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There may be people making money in MLMs but I just don’t like their practices The overall experience that I and other people I know have had is that the people in these organizations are not honest with people who they are trying to recruit They will lie, manipulate and do whatever they can to trick you into going to a meeting with them or joining the organization If the heads of the MLMs cared at all about any of this, they would make it part of their training that these kinds of tactics should not be used but they don’t do this because they don’t care as long as the people at the top are getting their money Any organization that doesn’t care about how all of their people from top to bottom are representing them is not a respectable organization, IMO Comment from : allthings nu |
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I got bad feelings that he ended up signing up for the MLM And he’s regretting to this day Comment from : Minsub Song |
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Knowing what I stated below to be a FACT that is impossible to avoid the question WHY Ramsey would say anything less than that MLMs are NOT EVEN BUSINESSES, they are carefully crafted financial TRAPS that generally ensnare the most vulnerable people? They are PYRAMID SCAMS and the ONLY reason that they continue to operate is due to bipartisan lobbying and heavy campaign contributions There's a revolving door between top positions in MLM companies and political offices Comment from : BENJAMIN ARISTOTLE BOES |
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There’s so much negativity People don’t have the right mindset Nothing is ever easy some things have more potential than others Most people don’t have what it takes to do anything more than a 9-5 their whole lives because it’s “safe” those are the ones that should not be joining Comment from : iamfig23 |
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With all the love and respect I have for Dave Ramsey, calling Amway sales reps "good people" is far streched in my opinion Ruining peoples lives despite knowing what the business entails to get anywhere close to making good money is not good christian people Comment from : Melissa |
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"Nothing evil or wrong about the business" "They are Christians" Talk about soft pedaling and dancing around the subject Comment from : Kenneth Lee |
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Dave always gives it straight before, now, and in the future Love it Comment from : Jetting Chen |
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I like Dave Ramsay and learnt a lot from his interviews but in a sense his company uses the same techniques as MLM'SHis smart vestor pros are his network and Dave's company makes a small cut for each member they sign up Comment from : John who |
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Have some class if you’re gonna do it And put in the time and effort Also, have a good heart and be a good person!! You won’t burn bridges, you won’t lose money, you WILL develop new skills and make a lot of other people very wealthy as you do! Comment from : Richard Kaup |
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mlm is evil Comment from : Tim Webb |
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MLMs don't work Avoid them Comment from : numberoneappgames |
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How are all of the anti MLM’ers holding up after we’ve learned who the real predators are? MLM generally does not pay advertising dollars to lying, corrupt, manipulative, gaslighting, fake Mega Media Money Mongers! Enough said Comment from : Jesse Gonzalez |
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Strange he said there is nothing evil or wrong with MLMs They literally prey on people's weaknesses and make financially struggling people even more financially unstable You can easily look at any MLMs financial disclosures and see what percentage of people make how much money and all of those companies have the tiniest amount at the top of the pyramid He should be advising his callers against MLMs as much as possible Their chances of making money is soooooo low, if anything they will probably lose money just to try to stay active in the business Comment from : Anna-Marie Dictson |
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Im real surprised by Dave's response I woulda thought based on how he perceives money in general that he would wholeheartedly advise people to not jump into a pyramid scheme I wonder if he gets paid to speak at any of their seminars? Comment from : Purple Jersey |
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Come on Dave, you're better than this MLMs destroy people's lives! I've had friends and family personally harmed by these companies Comment from : tyler underwood |
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It is so easy to listen to sweet music but they are not really working to a lot of peoplebr Very few are making it Comment from : Pilar Soriano Adekeye |
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When MLMs go on vacation they become Time-Shares They’re all money making scams Cmon Dave Comment from : crowtservo |
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Wow so much unnecessarily negative hate lol, these opportunities actually work if you follow the process correctly, no bait or convincing or manipulation, sorting through the interested the want more from life than just a job (not to disrespect a job in anyway because people have got to do whatever they need to do to live but a job isn't the only way of making money) Comment from : Jake Rose |
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Sad ,Dave endorses MLMs which are an obvious Ponzi scheme! Comment from : Futi Ntehnda |
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Just what I needed to hear Comment from : Airam Recendez |
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Yes Next question? Comment from : James Eldridge |
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Even if you’re successful, you’re fraudulent because you’re selling people false hope and worse…… taking peoples money that they can’t afford to lose and will never see again! Comment from : Shadow Blaster |
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Even “good” mlms, I recommend avoiding thoughbrI was involved in a legit one where the higher ups were using recruits to evade taxes Basically running their sales through the name of the receuits and forcing the recruits to give them the commission in cash There was also coke dealing (not a joke) at the very top, and they were making fake sales to the deceased people to launder the moneybrbrMost mlms are just modernized pyramid schemesbrDave is very insolated from how nasty mlms actually are, and given his social status; his friends who were successful probably had enough if a financial cushion to stick it out until they built a substantial pipeline brbrDont get involved in an mlm unless you already have a decent nest egg (i recommend 100k +) and passive income Comment from : D Jackson |
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Fair assessment, still won't change my anti-MLM stance Comment from : Yanik Ottenbreit |
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Strong Christian, lol, who see $$ in everyone they meet Every meeting becomes a potential to promote the business or they don't have time for you They use their claims of faith as a way to bond with people and seem 'trustworthy' Dave's right, this is sales and motivational speaking And, most people buy a lot of products to 'keep their business alive and meet sales goals' brbrIf you want to start a business, look up side hussels and see what fits you well There are so many things available these days that don't involve pushing your business on everyone you know Comment from : N LeeM |
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I've never seen an honest MLM or one that genuinely has the interests of its sales people/representatives (or lackeys) at heart Comment from : Tanner Davies |
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Pos Comment from : RouxD The Foodie |
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Shout Dave Ramsey for keeping it real Comment from : Arvon Bacon |
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MLM explained simplybrbrMLM company: pay us for the right to sell our product and if you really want to make money convince others to also sell our productbrbrIt's like opening a shoe store and thinking you could make even more money if you convinced other people to open shoe stores Comment from : C Nault |
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I don't believe MLM's to structurally to be scams, but I have also learned that they are not the best wealth-producing vehicle for most people The Pareto Principle still applies Comment from : John Cole |
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Most of the products are over priced Comment from : Pay Yourself First!!! |
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NO, MLM is evil Comment from : bigfattrolllord |
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Everyone who claims to understand what an MLM is but never were a part of one are mad in the comments🤣 Comment from : Anthony Ramirez |
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This response is horrible!!!!!! Comment from : Kenyatta Johnnson |
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Amway is a great company just have to get with a good system and not go straight through Amway MLMs have a bad reputation because of people who joined and chose to do nothing Comment from : Lisa Uncensored |
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Dave, you know that MLMs are predatory Comment from : Haley Truslow |
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Dave doesn't answer the question of this video's title It's like asking a recruiter in an MLM if they're a recruiter in an MLM Comment from : Wadderfock |
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Do you know a company called WSB , supposedly educating people with their finances and selling TransAmerican life insurance? Thanks would love to see what anyone has to say to this Comment from : Silvia C |
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You are absolutely right dave Very good explexnation Comment from : Rene Orellana |
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In Dave Ramseys defense, he did say that the people who recruit make money and you’d have to fully invest into itbrbrHe never defends MLM only that you’d have to be a person that recruits to make the cash Also that it is hard to do because of the high turn over rate and it’s extremely difficult to keep people (My interpretation of what he said) Comment from : Rogelio Rodriguez |
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O Snap🤔 Comment from : Adam West |
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If you want to make a lot of money on anything you need to work hard and be professional Comment from : Naseri Financial Group |
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UM YES DUH Comment from : Kate Weatherwax |
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You're better off doing part-time with Uber and/or Lyft I do both Uber and Lyft I currently make $2,500 a month part-time! Comment from : Rodlin Gelin |
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YES it is Comment from : Jonathan Soko |
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YES Comment from : NaturAdventur |
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The longest running job has always been prostitution and scamming Comment from : chriztianHusher |
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Yup lying to people for the most part Comment from : VividChilling |
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Yes Simple answer that anyone who is looking out for others has to say if they're being honest and knowledgeable about the subject Comment from : Cable Hogue |
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"There's nothing evil or wrong with the business"brbrThat is not true The overwhelming majority of people who join mlms lose money This is well documented and any recruiter who plays attention should know this The companies business model is not based around making sales to customers, but by recruiting people to buy in who are more likely than not going to lose money Additionally mlm's are notorious for fostering a culture that damages family and interpersonal relationships Do not join an MLM, they may be legal but are widely acknowledged as one of the most unethical business models ever developed Comment from : Mr Sniffles |
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That great 👍 MLM you do professional Builder Comment from : Financial Investment Revolution |
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That is like one of the most mature, accurate, and unbiased descriptions of MLM or NWM I've ever heard Comment from : Aaron Burke |
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Probably the most straightforward answer as to what it’s going to take to win in multilevel marketing Comment from : Mike Aninger |
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Dave, I have reservations about the MLM company ACN Would you cover that company and break it down? Skeptical of the ownership and long term agenda Comment from : Live With Grace Oracle |
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I’m surprised Dave is not harsher on these evil entities that destroy lives Comment from : troy peters |
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I disagreethese mlm companies are cults that recruit and retain people by shaming them constantlythey target especially women and insecure men with poor or little job skillsseen this numerous timesand I’ve seen many marriages break up over this Comment from : troy peters |
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What your saying is intelligent, articulate and I very much value your information Thanks for that! Comment from : PreBuilt Downline |
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A quick scan of the financials for those “companies” show clearly it IS a scheme Steer clear or just throw your money down a black hole Comment from : Valerie Stevens |
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At this point I don't give an rats b*/b if people want to gets in or out of any opportunities out there I don't pay their rent or bills or put food on their table or anything that's all on them Comment from : MURRAY ENTERPRISES |
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New Year, New Opportunities, New Possibilities Let's Go Comment from : MURRAY ENTERPRISES |
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They are pyramid schemes and its all bs No thanks Comment from : robyn burns |
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This guy doesn’t know SH!T Comment from : Carlos |
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Amway is a joke, just like the many other MLM businesses Comment from : Blake C |
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First of all you're not hiring anybody You're asking them to buy into the business No doubt, you can do very well in this business if you don't have a conscience MLMs are extremely deceiving Comment from : Aimee Brown |
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Yes Comment from : Kevin Lopez |
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Dave has drank the kool Aid Comment from : Allen Campbell |
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Answer: yes Comment from : Clued In |
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There’s no way to be ethical when the business model is dependent on being unethical Disappointed in DR on this one Comment from : Brittaney Breene |
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Is Dave promoting pyramid schemes?? Comment from : crow |
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MLM are predatory They sell you on the dream of being your own business owner and making millions which usually always targets the most vulnerable and poor Very disappointed in Dave for not condemning these type of business He definitely doesn't want to hurt the feelings of his rich friends who scammed so many people to get where they are at Comment from : Jorge Dominguez |
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Run! Do not do it Comment from : Allen Campbell |
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