Quick Rich Scheme

Recently met up with someone, L who is into an MLM which ventures into food & beverage which uses the binary system.

During the sharing, L was very enthusiastic. L showed me the income statements for the past 7 months, all showing 5 figures amount. Very impressive indeed.

When L shared with me the marketing plan, I didnt doubt at all that L wasnt earning 5 figures. After all, L works hard to share about the plan and L is playing the numbers game. And with L's enthusiasm and contacts, 5 figures is chicken feed to L.

My question in my mind for L is, why did L chose a company which is obviously short term gain (skim cepat kaya/quick rich scheme) ? Why not carefully choose a company and settle with one and work at it, to have consistent and long term income?

Upon inquiry, L has been into more than 20 MLM companies. Perhaps L did try but L's patience wore thin.

I honestly think that such company and system will not last more than 3 years. Why? Because you have to keep on patronizing the F&B outlets every month to utilize the coupons (part of the marketing plan). I for one, prefer variety in my food. What next for L? Company B?

MLM is definitely a good way to make money. But my belief is, choose a company that has minimum monthly good quality consumable products (for repeat sales) and a company that has strong fundamentals.

To me, FitLine is the ONE.

More money or more time or BOTH?

I was having dinner with a friend last night at a restaurant. Midway through dinner, the lady owner came to our table to say hi.

My friend is a frequent customer at the restaurant. The lady owner was down with cough and sore throat. And she looked terrible. Reason? She lacked sleep as she was busy baking cookies for sale at her restaurant and cooking/preparing other food items for sale in conjunction with CNY.

That is where it dawned on me. The restaurant, which is a family business is doing well. However, this lady owner is always busy coming up with new products/ideas to improve the business. As a result, her health takes a toll. Even the husband, is having a grey crown (all of his hair has turned grey).

Do you want to have more money? and no time for health or even go on holiday?

Or Do you want to have more time? but no money to buy the finer things in life or go on holiday?

Or Do you want to have more time AND money? and have money to buy finer things in life, to help people in need, to go for your dream holiday and spend time with your loved ones?

So, if your answer is more time and money, how do you go about it?

You need to have passive income. And how do you get passive income. You need to do investment. And how do you get the capital to do investment? By having a business, that generates enough steady cashflow.

And MLM is one of the many businesses with the lowest capital required. Of course, it's not a 'skim cepat kaya'. You dont get to be a millionaire overnight. If you are told you will, please RUN as fast as possible. No such things as overnight millionaire, unless you won the lottery.

You need to put in your hours. Some people take one month, some six months, and some three years. It all depends on you – how many hours are you willing to put it, whether you would like to take the highway or trunk road to get to your destination. Once your organisation is built, with the steady cash flow, start investing and eventually MLM also gives you passive income.

Of course MLM has gotten a bad name. However, there are many good ones around. PM International AG, which distribute FitLine range of products, is one of those. With 16 years of existence, and solid financial standing, NOW is the time to join the wellness wave.

So what are you waiting for?