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Anonymous

25 Jun 2021

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National Service

Anyone have any experience with MLMs in Singapore? E.g. Amway

Recently, a friend of mine called me and talked about a "business opportunity". He asked me if i wanted to learn about how to generate passive income and achieve financial freedom in life. I was quite skeptical about the whole idea and kept asking what does it do. He provided vague answers about what they do and eventually I decided why not try out. (i mean like no harm since i have time). After attending a few zoom calls and seminars, I realised that it is an MLM company. Anyone care to share?

Discussion (24)

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Nope have not been approached by them

MLM? Don't waste your time! You have to keep recruiting people in...

CommonSense Investor

25 Jun 2021

Certified Professional at Biotechnology and Gene Therapy Industry

Run away on first sight

Been in MLM and it always sound so much easy and it can motivate you or even make you feel nice.

Sometimes or even often, your senior/upline will leave out important informations.

Key information that tend to be left out:

There will always be a maintenance fee - that you need to buy/pay $XXX to get XXX

Anyway, it is a good opportunity to get into one to learn more about marketing and other business skills and techniques. As long as you are within your means. And be prepared to not earn as what you were told you can earn and that is the possiblilty that you will never get to earn as what you were told. But in the end you still take away the skills, experience and knowledge out of the whole experience at least.

Imo? No. You need to pay upfront fee to own and be your own boss. And most of the schemes involve ro...

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