Owning Your Own Business

Network Marketing in 2011 and Beyond!

by Wayne Wu on January 25, 2011

in Why Network Marketing?

Network Marketing

A golden era for the Network Marketing profession

My belief in Network Marketing as a vehicle for creating wealth in the 21st Century has never been stronger, and in this post, I’m going to show you why.

First, the bad news…

We’re living in a world of high economic volatility, a world where common, hardworking people can suddenly become poor overnight.

Today, many people in North America and Europe are under employed, and many are unemployed – far more than what governments are reporting officially. [click to continue…]

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Deadly MLM Policies and Procedures (Part III) – Termination and Renewal

by Wayne Wu on January 2, 2010

in MLM Business Models & Legal

You know, many network marketing companies, especially the old, large institutions all try to hook you with something like “the freedom of owning your own business.” Is this true? Do you really own your own business?

When you really delve into the opportunity and understand it, you’ll realise that you don’t own your own business at all. It again, comes down to the company’s policies and procedures – the legally binding contract between you, the distributor, and the company. These policies and procedures are living proof that you DO NOT own your own business.

If a network marketing company can terminate your distributorship for any reason, is that owning your own business? Of course not. If a network marketing company can choose not to renew your annual contract, is that owning your own company? Again, absolutely not.

So without further ado, let’s dig right into the “funky” termination and renewal clauses. Some of these are quite unbelievable… and entertaining… but it’s serious stuff! [click to continue…]

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