Previously, Financial Freedomino has posted an article regarding MLM scheme.

The MLM scheme are now evolving. The conventional one are known for selling ones product, by promoting someone to join and sit under the promoter tree in the scheme and keep on eating the commissions from future promoted person.

In Malaysia, the typical MLM recruiting process are like:

• tell their close friends to come to chosen Food Stall (Normally Mamak's stall). Promised to treat their friend and when the time arrive, blah!. The promoter come but accompanied by the person that he called as Upliner.

• Suddenly receive a call from the relatives that seldom asking how well we are, asking that are we will be home in this day, and this time because wanted to have a visit. Some worst case scenario, they do have sudden visit, also by bringing along what we called as Upliner. Then, the brainwash session started.

Seriously, only these two reason can make me really hate the MLM recruiter. Actually there are other tricks & 'treats' but these two process seems the most popular one
!


As the era changed and evolved, now the MLM scheme is being implemented online. People starts to see that Internet as their gold mines. People also learn internet can help to generate extra income and cash to them. Some people claimed that they can earn $100 (hundred dollars) perday from the internet. Some company also has created their own Internet Marketing strategy and promising future hope to future members/investor if they join their scheme. Back to the basic, when it was MLM, it will always be MLM, acting like the MLM, and finally ended like other MLM too!



The article below listed some tips to avoid the MLM scheme in the internet.

What Is MLM Or Multi Level Marketing...

Ok Here We Go...

• What Is MLM Or Multi Level Marketing, Also Called "Network Marketing"
  

The only people who make money from Multi Level Marketing schemes are those that are high up in the pyramid and having their down line doing all the hard work for them by signing up new members, selling product and what ever it involves for them to make money. I think that if you are new to the whole concept of MLM and you don't have powerful and rich friends who are Heavily involved in MLM and have hundreds of network partners online, then the sad fact is that you will fail! 97% of MLM newbies fail, this business is by far not easy and it's not really a get rich quick scheme. This business model involves a lot of hard work and hands on selling to customers and most of all involve dealing with a product! If you don't have the talent to sell stuff to people and sign up other people for a large sign up fee then i think you will be set sailing to FAIL!

If you are new to MLM concept then steer well clear of it until you have a lot of heavy internet marketing background and marketing experience behind you, you need this to be able to sell the product or the service that you will be required to sell by the company in order to get paid!

MLM Marketing is usually reasonably expensive to get started, Usually between$250 To $1000 Just To Sign Up. As you can see it's a reasonable investment on your behalf and there is Absolutely NO GUARANTEE that you will make money, let alone get any of your sign up fee back!

Once Again, if you are new to MLM concept and you are just starting out in marketing world then steer clear from MLM for now! It's not for you...

Another Famous Load Of Bull, Get Rich Quick Gurus!

"Look at me... Look how rich I am , I live in a million dollar house and own over a million dollars worth of cars !!! Now I Can Teach You To Do The same, because i know a secret to making money online that you don't Order my guides now for only $49.95 and you will start making thousands online using my secrets...."

Haha to that, sure they live a multi million dollar lifestyle but they didn't make it by knowing something most of us don't ! They simply got off their butts, wrote up a couple of vague money making guides that are supposed to teach you how to make money online and whatever else they promise, Build a flashy website with fancy graphics and full of Fake testimonials to convince you that their stuff works for others and write a fancy sales letter how they went from having 5 bucks in their pocket, to discovering a secret to make thousands online and becoming a millionaire online...

Whatever, the reason these guys have this money is because a lot of people are after similar lifestyle that they lead and they just wanted to get the financial freedom they deserve so this guy's website happens to pop up in the right time and YOU BUY HIS PROMISES AND HIS GUIDES!... That's how they make their millions, not by using some super dooper secret to making money online...

You think about it, if they sell 20,000 copies of their guide online which is relatively easy to achieve if your website is fancy and you are damn good at talking peoples ears off and convincing them to buy your stuff... that's A MILLION DOLLARS... That's how they make their millions!

Don't fall for these Hyped Up Worthless Systems, These will only make you a few bucks poorer and make these guys a few bucks richer!

Full post can be read here.

See, stay away from MLM!

Save your savings!

Invest in appropriate portfolio!

Hello there, we meet again. Financial Freedomino is preparing one new series to be shared together. As for the Part 1 of Preparing For Next Recession, some ideas will be listed.



Economic Recession is one of the biggest problem and mistakes face by us nowadays. Since most of us are implementing and practicing the Capitalist Model Based Economy, so we will be facing this problems later.

What is the Capitalist Model Based Economy?
Simple words, Capitalist Model Based Economy is to make sure profits keep on returning and increasing. Expecting a very high Return Of Investment (ROI). In this concept, profits will come first while other rest are all left behind.

Once the recession hit the world, we can see and heard one by one company collapse. One of the consequences is many of workers will lost their job. Without paycheck, will they survive? or CAN YOU SURVIVE IF YOU ARE ONE OF THEM?


Yes! Only if you are preparing for it!


From the latest economy recession, it can be included that:

• The time scale for these few years of the economy recession is around 10 Years. Therefore, you will have around 8 Years to be prepared for next recession after recovering from the latest recession.

• The latest trend is, even a country can collapsed and bankrupt. The best example is Greece. Imagine if a country bankrupt, how many major impacts can rise after that?

• Not only small business and industries get the catastrophic, but giant, established company are also facing the problem. One of the example is, Sony. During the latest recession (2008-2010), the news reported that they have to shutdown a few investment done in other countries or even reducing the operation cost. Who say the giant can't fall?

Therefore, we will always to be prepared. The good investor will always be prepared.

Hello world!

This is the 1st post for this blog. As for the 1st post, here comes the 1st tip of financial freedom.

What is Financial Freedom?

There are numerous of definition when it comes to this term. But as what the general definition is " People Will Not Be Worried Anymore For Their Financial Status Even Jobless Because When You Reach This Level, The Money Will Work For You, No Matter What!"
Phew...what a long definition right?


Well, how can we reach this status? From the research done via readings, conversation or observation, most of successful investor will recommend the crucial parts of achieving what we called as Financial Freedom is START AS EARLY AS YOU CAN!
No matter what it takes, try to start as early as you can! Which age? 15 Years old? 25 Years old?

The answer is in your hand!


Starts Early!

"Early Bird Will Catches The Worm" and of course the early bird will have much more option.


















Starts Early!!