The Truth About MLM And Network Marketing – Boss In The Bentley

83 thoughts on The Truth About MLM And Network Marketing – Boss In The Bentley

  1. Enjoyed the video? Subscribe, Give it a Thumbs Up and Comment Below.
    (Dan actually reads EVERY single legit comment from his loyal fans)

    Don't like the video? If you would be so kind as to
    FUCK OFF, it would be very much appreciated.
    You don't have to watch any of Dan's videos.

  2. Haha love it.
    I actually am in the biz full-time.

    Love the remark on brainwashed.. haha actually brainwashing is very beneficial for us all! Cos often we have too much negative and self doubt shit building up.

    So forget the company hype and sales rar rar… etc. But the brainwashing to be confident and handle rejection and to persevere and improve your craft.

    I stand by that.

    🙂

    Keep them coming boss man. Loving it all.

  3. I am from india
    In this time great business in india but some companies created bad image
    Now he is creating multi millionaire in india ..

  4. In network marketing , products should be original and honest to people, if products which are not in quality ,then the marketing will collapse.
    Network marketing should have vision on quality ,not on making money or being no 1.

  5. I think Network mktg is good as a training ground to increase your knowledge and experience on the business world.
    But i would suggest you quit after attending many trainings, seminars. I would say you quit after a couple of months, 1 year as a max or after you gained a lot of knowledge, and meet high profile people

  6. I think you made some valid points and handled the topic with grace. I am personally leverage a direct selling company and they have a board of distributors who have the final say with the compensation plan that actually keeps up with inflation. Would you mentor a person who is successful in networking marketing?

  7. Eric worrie said "your ability to get a group of people to certain number of things consistently over a longer period of time makes you financially free"

  8. I appreciate and absorb a lot of videos and have learned a lot. Thank you. I have been a corporate banker / broker for 20+ years, and MLM for 8+ years. We have built teams of thousands of people in a couple different companies. MLM actually taught me more about sales skills and leadership skills than my banking/finance experience. You can't lead people without understanding how to deal with them. It teaches true leadership through inspiration versus fear of losing a paycheck. I do agree it attracts a lot of bottom feeders who don't want to put consistent or massive effort in but somehow think they will make money that way. It's a great indicator of self-discipline. It has it's positives and negatives just like anything else. IMO.

  9. Dan you say that mlm is neither good nor bad…. But what about countries like India, Africa… Etc, how can they develop their capitalism without these type of industries……???

  10. Is there a difference between associating yourself with a network marketing company by yourself compared to being mentored by someone that is already successful in life in that field?

  11. Great Video! I have been a football coach my entire life. I am 46 and am eager to take my motivational skills to the market. I have been creative and my brand has just started to grow using only social media. I trade motivation for money. Do you have any advice that will help me launch.

  12. I joined an MLM company before, just for the experience. But within a year, I quit. I didn't feel they really teach me how to build a business. I got tired of asking people to their events, seminar, etc. I had gut that it's not gonna work, what if everybody has joined the company what's gonna happen? I could not see the business can last forever.

    But now, this video explains it to me. Now I understand what MLM really is…. and I'm glad i quit.

  13. I was in an MLM for a few months. They told me: It's easy – just do what you are told. Turned out to be the most difficult thing. I hate to follow. I want to create.

  14. I joined two MLM companies, but my purpose was to develop my Sales Skills. I was reading Kiyosaki's books at the time, trying to invest my time and effort to stack knowledge that would help me become a very successful entrepreneur. So that mindset helped, I actually made a good profit with this industry. But that's not what I desire to do with my career. I'd rather be a HTC than a networker every day of the week. So right now I'm working at a International Investing Holding with business in 4 continents. My aspiration at this moment is to convince this millionaires investors to invest in your HTC program, Dan. What do you recommend? How can I make this make me money? Would be willing to create a next videos for people like me to share the video with people like them to close this deal? Just wondering. Thank's for everything one more time. I'll keep watching your videos and asking you this question until you answer it. Do it now! Come on 🙂 How can you make answering this question make you money? I'm sure YOU can find this answer now.

  15. So I definitely agree that it's a vehicle. That's all it really is. However, if someone doesn't teach you how to use it properly following a value system and truly based off a personal relationship with someone who will guide you in life. The actual MLM business should be about 1% of what you do and mentorship should be the other 99% Furthermore, saying that someone who uses a proven system isn't an entrepreneur doesn't make too much sense. Try saying that to the person who owns your local McDonalds. The point was to make it scalable and duplicatable. We no longer need to try and duplicate ourselves through employees who don't have the same vested interest as someone who put a lot at risk in the sense of buildings, equipment and other major costs.

  16. Dan, thank you for what is network marketing & MLM….. it's really gives some light over why people successful in networking
    marketing and some are not.

  17. Thank you. I was just invited to this opportunity about this company how you can become an entrepreneur and they made it seem so professional but when i payed 150$ to join I realize it was just not what i was looking for no. Professionalism and I decided to not get the license to become a sales person in my opinion i just felt like they were all actors trying to sell you an image of you can be a Millionaire anyone with no skills can be one and for me it don’t make sense thanks.

  18. Good day Sir Dan!

    I am an avid follower of your channel but with this, I am sorry to disagree your opinion about Network Marketing.

    But to make it fair to you Sir, I have lot of friends who really want to be entrepreneurs but they do not have the right amount of money to start a small business. Can you recommend any business for them Sir Dan aside Network Marketing?

    I am in AIM Global a Philippine based company Sir. Our full company name is Alliance in Motion, Global Incorporated and we will be celebrating our 13th year this May 19 in the biggest indoor arena in the world.

  19. i have a cousin who's a great achiever in mlm business. he's never worked a day in his life and i think mlm is damn difficult and getting more difficult as time goes by, not easy.

  20. When it comes to success there''s no specific one way to get you there, go for what makes sense to you.Network marketing has taught me a lot of things and i would recommend it to any new person who wanna build their own companies later

  21. I was very successful in my first MLM company and continued to progress steadily for roughly 2 1/2 years before I started to question my own morals and how we as a team (and company) were making money. I personally signed up over 200 people and it was great at the time. I met a lot of great people, including a few millionaires and learned so much but at the end of the day it just wasn't worth it for me. I'm not afraid to admit that I was guilty of a few things that Dan mentioned in the video. It really does attract lazy people. It took me years to realize I couldn't motivate everyone to work as hard as me because I wasn't offering something that enticed them as much as it did me.

    DEFINITELY a great way to break out of your comfort zone and become more open and outgoing if sales is something you're seriously interested in. People still find it hard to believe that I'm an Introvert.

    TL;DR: MLM can be both scammy and great at the same depending on how you approach it and what you make of it :-p

  22. Hi Dan, I love watching your videos every morning. This one in particular is something I was looking for, I really dislike MLM/Network Marketing. I went to an event today to learn more about this company. I first joined them for Game Night on Wednesday night. We played Cashflow and they explained real life scenarios which I thought was cool. I was interested because I thought I was going to learn about Real Estate Investing and nothing else, that's the reason why I showed interest. So today during the seminar, I started to notice that they were talking more about sales and recruiting and not so much about real estate. I realized then that this was just another Network Marketing company. Anyway, just when I thought I found the right place, I was wrong again. I am working on an affiliate marketing company, but it's a business that I created myself, my ideas my work so I am so glad you the defined the true meaning of entrepreneur. Anyway I really want to learn how to build my businesses, and I definitely want to get into real estate investing. If there is anyway that you can help me please let me know.

  23. Respect your knowledge but I mlm is not any type of short cut to make money, it requires all the type of stuff which any business requires. There are many up's and down's. You are very experienced but let tell something, you are not always correct sir

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  25. Success is not easy at all, MLM just like success is dirty you have to put the work in just like any other thing. The only thing is that MLM is an accessible vehicle for anyone with no experience.

    By the way Dan Lok offers trainings.I’m sure he also gets the lazy people who wants to get rich quick. Just my opinion

  26. I start mlm to improve my skill and gain experience bro.send reply bro! I know u are a busy men but I need to know that.

  27. Are you even listening to yourself? "They are successful because they are great leaders." Isn't that the whole point of success??? Are you not supposed to grow into a leader to succeed? I just think because you didn't succeed at it that's why you're negative about it. I got in late and still make money. I'm sorry you don't know much about this. Stop killing someone else's vehicle because not all of us can come to you for consulting.

  28. I'm actually very disappointed in the response. If you've had results from it then we would have had a matured conversation. If I have people who have made more money than you and are in it and you who failed at it is giving negative vibes, who would you listen to. It's bad for entrepreneurs to just put down other people's businesses. You don't have to create a product from scratch to be a success. Amazon, Ebay, etc don't have their own products. They create the platform for others to sell their products. I loved your channel and I've been sharing it but from today i'm just off. I wonder what next you'll discourage my business friends from doing.

  29. Network marketing is all about sales. 99% of people don't have proper communication or leadership skills to build a monster downline.

  30. What I think is … MLM is a vehicle 🚗 yes.. every body is not as smart .. to make it to big time entrepreneur .. while MLM if it’s done right … even to the lazy ones whom we make realize, and if it’s done like it’s your last ship or die in a underpaid job and let your up coming generation follow you .. it’s a success .. but never the less check on company credibility/profitability and compensation plans .. let’s face it we all cannot spend million bucks to start up business not everyone is smart enough to generate superb ideas .. yes it’s a proven thing to create your own system and it makes money .. one thing I agree with u is it’s not easy yes.. but it’s possible for everyone

  31. In network marketing there are quitters and winners…there are no losers at all…..because if u stay in the field… One day u ll definately goonna be successful…. For sure…but if u quit then…your perspective get changes about that industries….
    By the way…in the whole world max. Number of millioners and billioners are from network marketing only!!!!so never judge sir….u dislike it because u quit it….
    Its a life changing industry
    Thank you!!

  32. sir Dan
    what about a student joining MLM for small businesses experience so that when they graduate they will more experienced in business. In that way students can earn and will value them as they will understand what business actually is.
    2nd question.
    is it possible to join MLM and earn so that we can start our own business where we can be a boss?

  33. Should i join network marketing?? I dont have capital to invest so what shud i do? Should i join this so that, i could avoid my debts!!?

  34. Network marketing is not for all. I knew people who did great in this kind of business, and I do knew people also who failed in this business. Network marketing business is just like any Entrepreneurs, there is ups and downs, sometimes you failed sometimes you win, its the toughest who will win. Warren Buffet and even Donal Trump are investors in Network Marketing companies. Richard Branson a billionaire support the idea of networking business.

  35. Thank you Dan for sharing your take on Network Marketing

    Since couple of years I have been a party of Network Marketing industry and prior to that I was exposed to could of similar opportunities. The reason I started for the third time is because of the compensation plan.
    Like most people think people on top make most money and I was one of them. After looking at compensation plan I was surprised to see a company is giving same opportunity to the person who has started today as to a person who is many levels above and has been working for couple of years.

    Another major reason for me to start this business is the start up cost. I didn't have the resources to start my own business and I don't have any experience of a business. With the Network Marketing company which I am a part of is giving me an opportunity to market there products and services while they take the risk of manufacturing, R&D, logistics, customer service. And all I have to do is promote there products and services.

    Dan I would like your opinion on this, If this decision of mine was correct.

  36. Start your own thing. That is what my friend and I do. My friend owns a network that will explode and show the whole country and world about shipping and logistics.

  37. Atomy is re-writing the history of mlm industry. It is backed up by a South Korean Govt institution (KAERI).

  38. Dan. I started Network Marketing 24 month ago, without any experience. Today, i have 20.178 partners in my team and only need 3 more ranks, than i am the highes rank in the company. MLM is an amazing opportunity for people that are not creative, like me. I started to sell the best product in the world(Blockchain-products), without hiring a single person. No office or store place needed. No employees that i have to take care of and no bill collecting in the end of the month. I am creating my own products, beside my work in MLM and my own brand. So, for me MLM was the best think that could be happened. But, i share your opinion, that most people don't make it that far. Thanks for sharing…Best regards from Germany

  39. You are exactly right that it is another tool or platform. But the person has to have the mindset of an entrepreneur and is prepared to work hard. I tried to start my own company before but failed. Trying network marketing and see where it leads. What is good though is that the company I joined is in line with my goals which is to travel with my family. I am willing to be a follower for now so I can build my network and earn so that I can also start new businesses in the future. I have been wathing your videos and it has helped me a lot in terms of educating my self and learning new things that can make me excel at my craft. Thank you for sharing your wisdom.

  40. I've always wanted to make money by doing very little. I'm lazy like that. Have I found that way? Of course not! I am now in the process of studying and increasing my high-income skills.

  41. I definitely liked this video on MLM, because you covered more respectfully the risk of the business. It has it’s faults but what business doesn’t. I am a network marketer, and what I love most is meeting people and having a conversation as well as educating about our products if the opportunity is their. The most important part is getting out of your comfort zone and doing uncomfortable things until they become comfortable. Nevertheless, jobs in the long run suck, because you become more of a liability than an asset, and real estate is not as easy as advertised as well as anything else. Bottom line, education, hard work, an idea or plan, and mentorship is needed to have and become more. Thank you for the video.

  42. I got into network marketing because I was a crappy entrepreneur. Because of network marketing I became a great entrepreneur. No one is born a good entrepreneur. Nwm is a great place to get started and get your feet wet

  43. Somewhat dan is right on his perspective and very right about the high income skills. I am a network marketeer, not an entrepreneur that starts a company, i develop entrepreneurial skills in the company as it is focused more on building people and their personal development. Been earning my targeted residual income to allow me quit employment (with planning). Now, ready to build it as a 6 figure earner. Most people be part of it just to subscribe to the product and happy with their job and happy with extra income to help them avoid unnecessary debts. I'm happy for them as that is what they want. I didn't came in the company early but managed to overtake the income of some of the earlier people who join. Thanks for your sharing your perspective on it.

  44. Or if you're like Donald Trump, you rent your name and likeness to network marketing companies for a hefty fee. 😀

  45. Did mlm for 15 years off and on only actually worked hard at two of them and did very well
    Meaning 5k a month with the first one 15k month with the second one the others i really did not work them..but reality is if your not willing work your ass off recruiting people dont even bother
    Doing it. and find and upline before you get started that will support and match your efforts
    I was successful in both companies i worked cuz my upline was committed to me as i was committed to working the vehicle/
    Company…remember if your not recruiting your absolutely not going to be successful…it is what makes your business grow…if you can show your downline how to recruit you have a huge edge over most…people..
    GOOD LUCK YOULL NEED IT..

  46. new robert kiyosaki, old robert kiyosaki endorses mlms because his products sold mlm, as many of us know that robert kiyosaki declares he's a cash flow man, not a commission or capital gains man…

  47. Good info
    I lost nearly 2000$ in one MLM. At first I thought my distributor cheated me. i attended their meetings. So I figured out that the company is allowing them to scam on the name of financial freedom. The words they speak and the aggrement which is signed are not similar. So if any problem comes they show the aggrement. Recently I saw your motivational quotes on their social web page to attract new people.
    My country govt also stated that they sell products >400% of its manufacturing cost which is scam.
    So I guess MLM is not a right way for entrepreneurship.
    Thank you 🙏

  48. I joined an MLM I really love the products of on advice from Rich dad. I have had a few small businesses now and have found m sales skills and fear of rejection has been holding me back from breaking though 1 year on. I am past the rejection and my sales skills have improved 10 fold. I would never have found Dan Loks advice. It's gold best in the industry in my books. Great advice here dan. Network made a big mistake by giving anyone the opportunity to be a distributor. It has really ruined what could have been a great industry for the future. Far to many horror stories, people sure do run away when you use the word MLM.

  49. I think it’s good to start with entrepreneur ship and to start earning capital for a start but not for a lifetime i whould go to realastate and investing maybe . What do you think V

  50. I needed this today. I’m currently experimenting. I’m trying to find my way . I started a couple businesses they didn’t do too bad but I didn’t love it. I’m full of ideas. I did join a MLM just to see what it was like . I liked their product at the time . Within a few weeks I knew this wasn’t me. I don’t work for someone else . So I quit sold my inventory and I’m moving on.

  51. Well, I get the point but for me it is still a good start for every new individual who have no idea or knowledge about entrepreneurship to practice their skills. I mean how are going to start a up a business if you don't have knowledge on it or even the funds to start your own? through paid training? MLM is providing free training to develop their member's marketing skills and has the lowest cost of money to start a business and to earn money. After that you just move on to the next level as an entrepreneur

  52. Dan I think MLM is a great start for people who want to become business owners because the best thing is that most of the MLM companies provide information and education which you gotta pay a lot of money to learn in a traditional college

  53. How do I know which Networking marketing company to trust ? I ran into few people that have run network marketing business and I am sure if should trust them.

  54. No matter how good your marketing skills, MLM doesn’t work – especially when the company is 1.5+ years old

    You’ll only make money if it’s a few weeks old + if you have no conscious (many young people going to throw away their hard earned money)

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