Help me deciding whether to join or not
By Venkataraman
@venkataraman_vc (5293)
Chennai, India
June 19, 2009 4:54am CST
Recently I have been invited to join a MLM. (Just introduced and not yet joined) The investment is affordable and the product is also a commonly used one. The product is Top up of balance of my prepaid cellphone. My investment would be returned in the form of monthly recharge of my prepaid phone, for ten months.
I just have to find two people who would invest the same amount. (Everyone can refer only two, and no more direct downlines allowed.) So, even if I have more than two friends, the rest will have to be given to my direct downlines. I'll get 1/10th of their investment. The referral benefits go unlimited levels deep, with a daily ceiling of 10. So, if I have more than 10 on any day, I don't get referral earnings more than those limit.
And, I'll get a 0.2% of their top up amount, upto 15 levels deep.
I think I've explained everything. And I am thinking of joining. Because, if someone joins in my 1000th level, I'll get my share, subject to the ceiling.
What would be your advice to me?
2 people like this
3 responses
@asweetie (1187)
• India
19 Jun 09
hi ventatraman_ve, I have never been fan of MLM and i havent seen anyone earning much in MLM if anyone ever earned in it and all the MLM be it gold or make a pyramid or timber mafia MLM flopped miserably. So if it is not sponsored by some real good brand which is known for its honesty and timely payments, i would advise you not to put your money in it but since you are much more senior to me in making money online and in age too so you are much more experienced and i have read your responses to the discussions started by other people and i do value ur intelligence so i know if you would put your money in to anything you wont put with eyes closed.
@venkataraman_vc (5293)
• Chennai, India
19 Jun 09
Wow...A great reply. Thank you for your compliments.
Actually, the product is nothing else than talk-value for my prepaid cellphone. I just thought of giving it a try. The investment of Rs.1000 is returned in the form of top-up for Rs.100 for 10 months. So, there's virtually no investment. And almost I top-up my account more than that every month. So even if I don't make any referrals, I think I am not losing. However, I just wanted to know all your views about the plan.
And about them, they have been into network marketing for about 5 years. Their other products are some Insurance policies. Check this site and give me your further views. Visit http://www.v4uindia.info (not my ref. link)
@venkataraman_vc (5293)
• Chennai, India
1 Jul 09
Finally, I joined just to give a try. I am recharging my mobile every month for more than Rs.100. Now, I decided to recharge it with these people. Even if I don't earn, I am not losing.
@asweetie (1187)
• India
3 Jul 09
Thanks for the br, actually it is my referrer agrim94 who told me to always listen to you in money making topics as he is very impressed with your intelligence and when i did read your responses i found he was right in his assessment on you . And since neither of us stop short of giving compliment to someone who deserves it. and it is nice that you got that scheme, i dont know if it is also in delhi or not. Yes this scheme where you dont loose money is always worth a try.
@venkataraman_vc (5293)
• Chennai, India
21 Jun 09
Well. What's your idea on my product? The website is http://www.v4uindia.info. Just have a look and give your feedback. Thanks for responding.
@shankarbaddi (785)
• India
3 Jul 09
as according to my experience i advice u not to join all such schemes cos they totally go waste when u find that its not working for u cos in the field of MLM i need to be good in communication
i have almost lost around 200$ going behind mlm scheme
so its my own humble request not to join instead save it for ur future use
