Why Indian Firms Must Strive for Strategic Autonomy in Their Geoeconomic Strategies
February 7, 2025
Bankruptcy is one of the natural states which a company may find itself in. Entrepreneurship is primarily about taking risks. When companies take risks, some of them succeed, whereas others fail. Hence failure is a natural part of the business. However, many critics of bankruptcy laws believe that there isn’t a need for an elaborate […]
What is the Wirecard Scandal all about and Why it is a Wakeup Call for Whistleblowers Anyone who has been following financial and business news over the last couple of years would have heard about Wirecard, the embattled German payments firm that had to file for bankruptcy after serious and humungous frauds were uncovered leading […]
How Modern Decision Makers Have to Confront Present Shock and Information Overload We live in times when Information Overload is getting the better of cognitive abilities to absorb and process the needed data and information to make informed decisions. In addition, the Digital Age has also engendered the Present Shock of Virality and Instant Gratification […]
Geopolitics, Economics, and Geoeconomics In the evolving global trading and economic system, firms and corporates are impacted as much by the economic policies of nations as they are by the geopolitical and foreign policies. In other words, any global firm wishing to do business in the international sphere has to be cognizant of both the […]
In the previous article, we have already come across some of the reasons why the government should not encourage funding of stadiums that are to be used by private franchises. We have already seen that the entire mechanism of government funding ends up being a regressive tax on the citizens of a particular city who […]
Whether in an office environment, Corporate setup, at home, amidst friends, clubs or wherever you go, it is quite likely that you will discover the existence of a Network that is engaged in Multi Level Marketing. You are likely to receive calls from friends forgotten long ago who will re awaken the relationship and try to bring you into their network. House wives, students, professionals, bankers, teachers as well as retired persons included are engaged in this unique business called Pyramid Selling or Multi Level Marketing.
For those who do not know the concept, seeing a phenomenon of networking and selling through the network might be puzzling as well as interesting. The marketers are only too eager to sit down and explain the concept and the working methodology to you and urge you to join the network. Whether you are a busy professional or a student aspiring to build a career, joining and doing business with MLM network works for you. There are several reasons why people from all walks of life choose to join the MLM networks.
What makes this concept most inviting and attractive is the fact that anybody can join and benefit from the scheme irrespective of your age, qualification or experience. You will find people with no business background or financial backing having made their millions with MLM network business. These millionaires have not had any education or financial backup that helped them reach heights. Sheer hard work and focus that they have invested into MLM network has yielded such fruits.
You can be of any age (not minors of course) to join MLM network and start earning. This factor has made it possible for students to join and make money to support themselves and their studies. It has given a second lease of life to pensioners and retired persons who have found an engaging and paying second career in their sunset years. Lot of people who are handicapped and with disabilities too have found MLM an easier method to become self sufficient and self reliant.
The MLM method of business gives a common man a chance to dream and make it big as a millionaire. There are no limitations to how much you can earn. The more you perform, the more you get to earn. The real life cases of people who made their millions with MLM sales show that your goals are achievable.
When an MLM Distributor tells you that you can get into this business without any investment and start earning almost immediately, you are not likely to believe. But this is true that in MLM business, you do not need to invest in holding any inventories, no retain space, showroom or office is required to be setup. You do not need to leave your job or sacrifice your career. The potential to earn is unlimited and enormous.
Most often people back away from starting their own business as they do lack the appetite to risk. MLM networks offer opportunities that are virtually risk free and do not call for any financial investment or risk. In most of the business models you are not even required to hold inventories or products and if you do, the Company would be willing to buy back your stocks in case you are unable to sell. Other than investing into the starter kit which would be of negligible amount, you can build a risk free successful business on your imagination and hard work.
No wonder with virtually no entry barriers and ample opportunities for people to earn decent incomes, MLM attracts people from all over the world and from all walks of life.
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