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FIB - Scams 101 - Ye Olde Archives
Posted By: Tracy <tracyred06@yahoo.com> In Response To: Re: Mary Kay (Dennis Bevers)
Friday, 25 November 2005, at 12:08 p.m.
>> Your results are exactly that - Yours! <<
Millions of women lose money every year in MK because it is a MLM scam.
>> There are thousands of opportunities available online today, where the typical joined would be thrilled to make $15,000 to $20,000 net profit after expenses. <<
That example was just that: an example. The typical person is NOT making that money. I bet 50 people out of 1.3 million current consultants are.
>> But, if you check, you can find McDonald's franchises that have been closed or sold at a loss. Even after investing $500K to $1 Million or more for the franchise, than paying for the land and building, there is no guaranteed profit. It doesn't make it a scam. <<
The fact that MK has a low start-up cost doesn't NOT make it a scam.
>> The question of percent of profitable MK dealers is simply that. How many who sign-up make a profit? <<
Less than 1%.
>>How many who didn't make a profit, worked the business seriously and put forth the necessary effort and expense to properly launch their business? <<
I'll guess 50%.
>> Total compensation: In addition to the $15K to $20K net profit you posted, how many of those MK sales reps are also driving a car that MK leases for them as a bonus for their successful sales and/or recruiting. <<
Again, that $15-20k was an example, and almost no one's reality. Under that scenario, NONE would have a car because to get the use of the car you need to recruit heavily and frontload inventory.
>> Fact: The compensation package is working for many - both long term MK reps as well as new start-ups. <<
Does less than 1% constitute "many"?
>> As someone else already posted, if it was a scam, it certainly wouldn't have lasted the many years it has. <<
Well Amway's been in business a long time too...
>> Thousands have made a good part-time or full-time income with Mary Kay. <<
Really? Where does that statistic come from? There are currently 1.3 million reps. Only 15% of those have been in more than 1 year. So imagine how many millions total have been through the company. And thousands have made good money? You consider that a success?
Just wondering: Why are you so intent on defending MK?
A website devoted to exposing the Mary Kay scam.
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