The REAL Truth about MLM & Network Marketing

  Рет қаралды 376,868

Valuetainment

Valuetainment

Күн бұрын

Пікірлер: 1 600
@VALUETAINMENT
@VALUETAINMENT 2 жыл бұрын
Get the PDF here: valuetainment.com/the-real-truth-about-mlm-network-marketing/
@GreetingsWithFire
@GreetingsWithFire Жыл бұрын
MLM is a scam
@EgyptConqueror
@EgyptConqueror Жыл бұрын
Scammer
@applecatnyango
@applecatnyango 6 ай бұрын
You know your company is a scam when you use "average income" instead of "median income" in every single of your MLM's income disclosure statement as it can hide inconvenient data such as if *majority* of agents earn the lower end of every income bracket. That's like using nine broke men with $0 net worth and Jeff Bezos with $200 Billion net worth then "conclude" that the average net worth among these ten people is $20 Billion. It's mathematically correct, but statistically deceptive.
@plutobaby9996
@plutobaby9996 2 жыл бұрын
This dude is a master at deception
@LuisVelazquezLV3
@LuisVelazquezLV3 5 ай бұрын
how so?
@gautambanuru2266
@gautambanuru2266 3 жыл бұрын
who is here after finding out from Coffeezilla that PHP is an MLM?
@anaszekri8576
@anaszekri8576 3 жыл бұрын
Me
@NoName-oy2km
@NoName-oy2km 2 жыл бұрын
Yo
@HaysquareTheGreat
@HaysquareTheGreat 2 жыл бұрын
Me and want clarity on the real truth
@makeithappen526
@makeithappen526 2 жыл бұрын
That guy compared full time jobs to MLM.. He was just selling his idea about something he has no knowledge about. Shall we look up how much money KZbinrs earn percentage wise and have a laugh at them too?! 🤔
@depreciatingasset
@depreciatingasset 2 жыл бұрын
Me. My respect of valuetainement and Patrick just nosedive. Actually today I said I mix up between Patrick and Raoul pal , but Patrick comes as typical sleazy whereas Raoul speaks to my logical mind
@memeblues
@memeblues 4 жыл бұрын
Does PHP stand for People Helping Patrick?
@AMessengerofTruth
@AMessengerofTruth 4 жыл бұрын
lol
@ronk2452
@ronk2452 4 жыл бұрын
Good one hahahahha
@praveenkumars9111
@praveenkumars9111 3 жыл бұрын
No, Patrick helping People
@karennyeley1063
@karennyeley1063 3 жыл бұрын
@@praveenkumars9111 🤣🤣🤣
@praveenkumars9111
@praveenkumars9111 3 жыл бұрын
@@karennyeley1063 🙂
@andrewspeter1950
@andrewspeter1950 4 жыл бұрын
This guy patrick bet david is the CEO of an MLM called PHP agency.
@AUSTIN-ss2zd
@AUSTIN-ss2zd 3 жыл бұрын
I don't understand why so many people hate pyramid schemes when most companies are
@andrewspeter1950
@andrewspeter1950 3 жыл бұрын
I like that people are starting to catch on though. It goes to show that what people tend to focus on shows who they are or what they are afraid of. In this case Patrick making a video about what MLMs Are REALLY.
@jeffreymoffitt4070
@jeffreymoffitt4070 3 жыл бұрын
@@AUSTIN-ss2zd if every company used slavery would you defend it? Unpaid labor is slavery.
@kingjames7904
@kingjames7904 3 жыл бұрын
Yea Ik it’s a sad reality I had to accept thought this guy was an honest businessman who I looked up to but turns out he’s just a good talker and notice how much he talks without saying anything
@kingjames7904
@kingjames7904 3 жыл бұрын
@@AUSTIN-ss2zd you probably don’t know what a pyramid scheme is but I recommend you do your own research
@tenormdness
@tenormdness Жыл бұрын
The problem with MLM comes into play when you focus more on recruiting than your product. Certain companies just want recruits, who then buy the product one time, ad infinitum.
@johnwatters3431
@johnwatters3431 8 ай бұрын
Genuinely lost as to the corporate structure here; if I'm getting my own license, selling on my own, and I'm my own boss, why do I need this guy?
@filmcoolstuff
@filmcoolstuff 6 ай бұрын
Branding and sometimes perks and sometimes leg-work taken out of having to do things like manufacturing and distribution. It's not the same but could have some of the same benefits as a franchise vs a from scratch business.
@applecatnyango
@applecatnyango 6 ай бұрын
The "you're your own boss" sales pitch is so deceptive because MLM is structured so that the recruiter receives a cut from their recruits to incentivize more recruitment, in that your hard work goes to your boss/recruiter. That catchphrase simply doesn't apply unless you're at the absolute top, just like Patrick who owns his own MLM.
@PatrickAung93
@PatrickAung93 4 ай бұрын
​@@applecatnyango do you even know why they keep saying you are your own boss? Do they have to boss you around and make sure you clock in clock out 9 to 6? Do they care even if you work 2 hours per week? As a matter of fact do they even care if you do the work if you are a pure customer ??? So is it deceptive when they say you are your own boss no one cares how many hours you put in, you decide that yourself? Or would you still say they are deceptive and lying.
@ronk2452
@ronk2452 4 жыл бұрын
Did y'all know this guy himself runs an MLM company? His company PHP (People Helping People) is an insurance MLM company.
@fusauce5962
@fusauce5962 7 жыл бұрын
Here's what's always worked for me: Promise nothing, overdeliver. What MLM does: Promise the world, deliver a pebble.
@synocrat601
@synocrat601 5 жыл бұрын
@@robertgonzalez6770 MLM's are garbage, it's a pyramid scheme with overpriced token items. The only people who make money either sit at the top of the pyramid or near enough the top and have the charisma to recruit enough suckers, suckers like you Robert. But you'll find out in your own time.
@supreme24param84
@supreme24param84 5 жыл бұрын
@@synocrat601crat hey, how you doing. True MLM companies are running on generation plans & a true pyramid scheme is in the cooperate world. you see the person at the top earns the most and employes don't, no matter how hard they work. right? & I am also a networker, the company in which I am working was running since 1978 & before me, about 10 million people have already joined but after 3 years of total hard work now I am earning about USD 4500/month. guess even if I died now my family has no need to worry about income. syno network marketing isn't perfect but its better. what do you think syno?
@supreme24param84
@supreme24param84 5 жыл бұрын
every business can deliver you what you want but still, some hit gold and some pebble aren't it. fu sauce there is something that you don't know, what you don't know. means you don't know about network marketing and you are not aware that you don't know about it.
@andy47456
@andy47456 5 жыл бұрын
@@supreme24param84 If your making that money, and based on the odds it's probably not true, you're in the top .005% MLM needs to be outlawed, like fraud and embezzlement. Lock up all the MLM owners or tort them out of business.
@marcpang5758
@marcpang5758 4 жыл бұрын
Though I do not agree with the overpromising and under delivering, the results you get depends on how much time and effort you put in developing your skills to sell. If you're good you can make money, and if you can teach you can make even more and those under you can too.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
For detailed notes and links to resources mentioned in this video, AND to get the free eBook, "The Real Truth about Network Marketing," visit www.patrickbetdavid.com/network-marketing/
@justjimmy8939
@justjimmy8939 8 жыл бұрын
VALUETAINMENT interesting. My cousins were part of MLM networks called ACN and Traffic Monsoon. Although it seemed impressive it seemed very hard to make much progress. However the network of people they met served them really well in future ambitions .
@thecargotsold
@thecargotsold 8 жыл бұрын
VALUETAINMENT is that Dino Rizzo that you referred to?
@mohamadiworks
@mohamadiworks 8 жыл бұрын
VALUETAINMENT #boom!!
@jray9331
@jray9331 8 жыл бұрын
I couldn't get the book. I added my email and subscribed but still no book. Can it be sent to me directly by email via pdf or something? thanks.
@RahulRoy-jo4lx
@RahulRoy-jo4lx 7 жыл бұрын
Top Muscleeee Building Foods: Eat TTTThese Foоds To Gain Muscle Mass Fast Read hеre now => twitter.com/98d6c4d508a177041/status/822770372575563776 The REAL Truth about MLM Network Marketing
@digimonsho0123
@digimonsho0123 8 жыл бұрын
please do not listen to the gentleman who said to make shorter videos. I appreciate every second of this video and all your videos. thus one video would have been a very expensive seminar. thank you for your sincere and generous information!
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+S Harlem We won't. It's tough to really teach a subject and go deep in only a few minutes.
@qbaninja
@qbaninja 8 жыл бұрын
People like that aren't looking to learn for the long game.
@joecarter5475
@joecarter5475 7 жыл бұрын
John Carvajal
@jonjonrantszero
@jonjonrantszero 5 жыл бұрын
S Harlem ur a fool if ur listening to him
@johnfilmore7638
@johnfilmore7638 3 жыл бұрын
Same here. I re-watch these longer videos to learn.
@adlabyrinth
@adlabyrinth Жыл бұрын
So just having a product makes it legitimate and not a pyramid scheme. Nice loophole
@BILLYDSCOTT
@BILLYDSCOTT 7 ай бұрын
He didn’t say that. He said having NO product is what makes it likely to be a pyramid scheme. It’s still possible to for a company to have a trash product as a cover up to launder money.
@applecatnyango
@applecatnyango 6 ай бұрын
MLM is actually much _worse_ than pure pyramid scheme because MLM victims can never get their money back as their financial loss is usually tied to legal part of the business model, which is the product purchase. It still is a pyramid scheme no matter what fancy names Patrick calls it with, and just because it's *technically* legal, doesn't mean it's ethical.
@PatrickAung93
@PatrickAung93 4 ай бұрын
yeah. nice loophole. lets forget the fact that millions of dollars spent on land deed. another millions of dollars building factories, and millions of dollars each purchasing manufacturing equipment and if you need more than 10, that is more than 10 millions. and logistics and shipping to countries? a few thousands. scammers go hard spending billions and billions before even earning back any money. A normal sane scammer would rather sell cocains and heroine or set up illegal online gambling Den. HA
@DSM-w3z
@DSM-w3z Ай бұрын
@@PatrickAung93 u think Patrick has spent tens of millions of dollars on land deeds and factories to manufacture his product? most clueless take ive seen, u clearly have zero understanding of business or scams, but felt the need to write a defensive paragraph anyway
@PatrickAung93
@PatrickAung93 Ай бұрын
@@DSM-w3z right back at you. You guys love to say (I don't need to join MLM to know it's "scam") and I cannot come and fault you for misconception but when I mention i know about business... (Which I can find out from friends and business institutions and associations, who have spent tens of millions...) when i say that, Somehow my points are invalid? Talk about double standards HA! I don't NEED to have spent money or built businesses to know it cost our soul. I have worked with many CEOs and Directors and have been a part of multiple associations
@Skatinima
@Skatinima 3 жыл бұрын
The truth is 99.6% of people in MLM companies lose money and they re made to believe it's their fault they're not succeding, while in fact that's not true. The whole goal with mlm's is to recruit and get the recruits to buy the products, not to sell the products. That's why comissions are much higher in recruitment in comparison to straight up direct selling. Also, Patrick runs PHP agency, which operates as a MLM. If you read reviews of people who worked in PHP, you ll realize their main focus is also recruiting. That's why one of the first things they ask of new employees is to make a list of people you know who might be interested in working in the company. So take this video with a grain of salt. Pat is biased in his analysis given he runs an MLM company. Also recommend checking out James Jani's video on MLMs.
@essvee86
@essvee86 3 жыл бұрын
And Coffeezilla's videos on MLM
@justinwhite3220
@justinwhite3220 3 жыл бұрын
You are 100% correct
@dashinghandsomeness
@dashinghandsomeness 7 жыл бұрын
i don't remember where i read these statistics, but when an MLM keeps track of how much product is consumed by members of the org instead of retailed out of the org to the customer, the average MLM has over a 99% in-org consumption rate. and i've seen firsthand my brother and his upline buy themselves inventory and never end up retailing it out. if a company can't show you the in-consumption or retail-out percentages, odds are it's a pyramid scheme with a product attached. and the product failed to pass a market beta test so the company forms a cult around the product(s) so that people will still buy them.
@maambomumba6123
@maambomumba6123 4 жыл бұрын
not necessarily. Many people join an MLM to do exactly that: buy product or services at insider/member prices. That's why the industry distinguishes between a customer and a representative/affiliate. You don't call Costco or Sam's a pyramid for giving its members insider prices that aren't available to the general public, do you?
@MzMahoganyHoneyBrown
@MzMahoganyHoneyBrown 4 жыл бұрын
@@maambomumba6123 because costco is essentially a wholesaler, I don't think you fully understand what a pyramid scheme is.
@dopeskaterat95
@dopeskaterat95 4 жыл бұрын
MzMahoganyHoneyBrown network marketing companies are wholesalers too. There is no retailer
@dabesteva2087
@dabesteva2087 4 жыл бұрын
Like PHP agency. How much of their revenue is made from recruiting new agents instead of actual insurance sales?
@ChibiViolin
@ChibiViolin 4 жыл бұрын
@@dopeskaterat95 You completely missed the point. Costco don't sell the majority of their product to their own employees. They also don't pay their employees based on commission they offer a fixed a salary. Maybe you're confusing a franchise with an MLM.
@johnd9541
@johnd9541 8 жыл бұрын
John Oliver had nothing to gain or lose, therefore he presented an objective view of the industry. The opinions of those biased towards MLMs should be viewed carefully, as they are motivated strictly by financial gain.
@MB561
@MB561 6 жыл бұрын
Jon Oliver is in no way objective. You only say that because you're a liberal listening to another liberal thinking anything else besides what he and the rest of you liberals think has no place in society and conversation. Typical liberal who thinks a far left Oliver is unbias. Lol. What a joke. You liberals are such a cliche.
@carloscabrera5311
@carloscabrera5311 6 жыл бұрын
@@MB561 brother. The FTC has investigated these companies. The FBI has investigated. Regulating non-profit agencies have investigated MLMs. They have all said in reports that out of millions of distributors, only the ones that are at the top make money. That 99% only make $2000 dollars a year and lose thousands of dollars. But here you are saying that this guy believes John Oliver because he's a liberal. 🤣🤣🤣
@Yurothehotot
@Yurothehotot 5 жыл бұрын
@@MB561 I'm not libreal at all and I know for a fact that the recruitment model is inherently unsustainable, the only way to make money is to recruit and there is not an endless pool of people to recruit from, eventually the bottom falls out exactly like financial pyramid schemes, just now they sell a product to make them legitimate. Your defense of MLMs are likely due to the sunken cost fallacy. They gaslight you telling you that you just need to work harder, you don't want to be a loser who couldn't make it, this keeps you investing into them because the real product isn't what you are selling it's the recruits that are the real product.
@MB561
@MB561 5 жыл бұрын
@@Yurothehotot That's precisely the same thing I identified as well. I did so first at a 'Primerica' (owned by Bank of America at the time) meeting where i not only attended the small pitch gathering that takes place in one's local area but also i attended their annual get together which was nothing but a cheese fest of fraud where the same 6 people got on the stage time after time to accept award after award for various performance measure they were number one in while clapping seal buffoons in the audience were mesmerized and totally ignorant of the con job this annual celebration / award festival was. I left that annual awards meeting at 19 years old in shock how many grown adults are that stupid to buy into the scam you perfectly outlined.
@Yurothehotot
@Yurothehotot 5 жыл бұрын
@@MB561 I'm glad to hear you got out of it! A lot of people get trapped in a loop the people at the top want to keep you in as long as they can to leech off your hard work. People lose friends and get distanced from their family because they are desperate to recruit so they can get ahead. I wouldn't wish that kind of thing on my worst enemy.
@SuperGig
@SuperGig 8 жыл бұрын
A mentor once told me, "Always ask ... 'Who is this person, and why should I listen to them?" So the first question I ask who portrays themselves as an "authority" in network marketing is, "Have you built a successful network marketing business, AND ... How many successful leaders have you helped develop who have created a successful network marketing business, AND how many have those developed leaders did the same?" IF they have done this, then you know they are an expert. IF they have NOT, then you really can't take them seriously for your mentorship. I LOVE everything said about Entrepreneurship taught on the channel. And I appreciate the attempt to try to teach a bit about the network marketing MODEL. Patrick is right. Network marketing is NOT really an "industry." It's a profession and a unique MODEL, which is a self development program with an opportunity attached. Our business is a LEADERSHIP DEVELOPMENT BUSINESS, first and foremost. Sadly, this fact and these roots has been nearly forgotten, and has sent the network marketing business in a tail-spin decline over the last 20 years. However, this is being changed. The 1 out of 100 succeeding in network marketing can be questioned. It depends on the criteria used. 3% will succeed at nearly anything they intend to succeed at. They already have the personality (the right Wisdom of the Ages mindsets). Sadly, 70% (by insurance stats) will die broke ... no matter what. However, there are 27% who sincerely want to succeed, but they don't know exactly what to do. These 27% percenters CAN succeed if they're given directional leadership, and given SPECIFIC and EXACT duplicable systems to succeed. The "70%er" has a lotto mentality that is easily drawn to network marketing, because it's cheap to get started (barrier to entry is low), and unethical network marketers make claims on how fast and easy it is. These unethical types (many are 3%er alleged "leaders") AND the 70%ers are the source of giving network marketing a bad name. Yet, ironically, the network marketing model is one of the best chances for somebody with average means, average intelligence, but with above average ambition ... to succeed beyond their wildest imagination. Robert Kiyosaki says it's one of the best ways for an average worker to learn entrepreneurship. However, nobody will succeed in network marketing long-term unless the leadership has personal self development programs and franchise-like duplicable SYSTEMS in place. Without it, leadership will always have too many monkeys on their backs and eventually burn out, and quit, or move to a different company. That's why there is a huge void of people in this business with the same company in the 3-9 year range. We call this the 2-10 gap. Until network marketers fix this problem with duplicable systems NOT based on personality, the network marketing business will continue on in it's sad dissipation stage (it's been in for 20 years). Thankfully, this is changing on the grass roots level. I recommend to folks who want the No B.S. No "Fluff" truth by a mentor, who has developed more 6-figure earners in network marketing than anybody else in network marketing history, to watch this webinar ... (If you want to hear from a REAL expert who has DONE IT, this is worth the watch) about.mygenesispro.com/cp/17889
@taoist32
@taoist32 8 жыл бұрын
Wayne Gerald I'd like to know more about the ethics of your company.
@craydalph4143
@craydalph4143 7 жыл бұрын
www.gladiacion.com/yoky massachusetts contact for gladia
@craydalph4143
@craydalph4143 7 жыл бұрын
gladiacoin.com/yoky
@SuperGig
@SuperGig 7 жыл бұрын
Well, that's for you to determine for yourself. I could go on and on about how ethical my company is, but it would likely go out the other ear. One has to experience the ethicalness for themselves. Part of that experience is finding out is if you're getting REAL value. I can't speak for everybody in my company, but I can speak for myself by offering true value from the get-go without somebody spending a dime. You can see how that is, here ... about.mygenesispro.com/cp/20418
@360VRStudios
@360VRStudios 3 жыл бұрын
Dan Lok, David-Bet, an others just target people who are either poor minded or just want hustle. The technical folks, dont have time for their BS.
@roydaone
@roydaone 2 жыл бұрын
I never knew Bet David is a sleezy MLM guy, smh
@versastyledio
@versastyledio 8 жыл бұрын
This is the best video on the subject by a country mile. Instead of making people dream about becoming a millionaire "without working" etc you broke down the industry in a thorough way. this channel will reach the 1 million soon.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
Thanks DN.
@TheBrightEyedM
@TheBrightEyedM 4 жыл бұрын
@@VALUETAINMENT network marketing has nothing to do with guerrilla marketing
@anaklusmosgreek3198
@anaklusmosgreek3198 3 жыл бұрын
He runs one- no shit
@sheldonzimet863
@sheldonzimet863 3 жыл бұрын
@@anaklusmosgreek3198 so many people are ignorant on the subject I have a degree in marketing it makes sense foto me
@afro-max
@afro-max Жыл бұрын
Now 3 million
@yashaurel
@yashaurel 8 жыл бұрын
Wow!!! as a professional Networker and someone who always watches your stuff I am blown away by the amount of information, neutrality and value this video added. Patrick you are something else! You don't know how your videos alone make me 100% confident I will become a Millionaire in my industry simply because you teach to the T how to get there. All-the-timer, 10 year commitment, self promote, etc. Before I die I wish to touch as many lives as you and add as much or more value. God bless you Patrick, you are one of the few people I know that allows me to realize becoming successful and wealthy is a good thing and not the 'evil' thing most of us, children of 95%ers, are taught it is.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
That's the idea Aurelio. I'm glad the channel is helping you get clear on a strategy that will produce results.
@heartandmindovercome3214
@heartandmindovercome3214 Жыл бұрын
Yeah this is pretty awesome, I really appreciate this video 👍
@hopolang99
@hopolang99 8 ай бұрын
Yea same lets go man🫡🙏🏾
@yvonneruvinski8065
@yvonneruvinski8065 7 жыл бұрын
multilevel marketing = a method of selling a product in which someone sells to people they know and then gives training to those people to sell the product themselves. The original person earns money not only from their own sales; but also on what is sold by the people they have given training to.
@jademorgan4325
@jademorgan4325 3 жыл бұрын
Perfect. I don't get where the lie or the deception is
@jeffreymoffitt4070
@jeffreymoffitt4070 3 жыл бұрын
You really saw john olivers video and thought "ill defend it to my dying breath"
@dinwinners4852
@dinwinners4852 4 жыл бұрын
An interesting video to watch. Usually I don't be bothered to watch a lengthy video but this one really made me sit and listen to every explanation. Thank you sir! Things to lookout before joining or be with: 1. Company 2. Products 3. Compensation Plan 4. Support System 5. Timing I'm glad to be with the company I'm with.
@mistaj24
@mistaj24 8 жыл бұрын
Perfect! Very fair sir. My life was changed by a mentor in an MLM. I no longer do it, but because of him, my life stayed on the right track. Thank you for giving these businesses a fair shot sir.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+Mario Jauregui (MarioJBiz) Great testimony.
@kubaalaverdi1455
@kubaalaverdi1455 5 жыл бұрын
My friend came to me with this amazing business, by the time I was listening to him I found out he is talking about MLM. He's been told about thousands of dollars he's about to make as a side job but this video made us both rethink the idea and we are thankful for that. خیلی خیلی سپاسگزارم. کاره تو عالیه. PS: My farsi still in progress, hope there are no mistakes
@malongsserve4735
@malongsserve4735 3 жыл бұрын
This couple approached me in a grocery store out of nowhere. The wife said I have a very nice tie and then asked me what my interests were and they said they have the same interests. We had a great conversation. The husband then gave me his number, he kept in contact with me always checked how I was and sent me smiley faces. We then met one time at chipotle and mentioned he was a drop shipper, I never heard of that and he said we'd discuss it more next time. We then met at Panera and told me about Amway and it's pyramid scheme in detail. He'd often switch the conversation to something I was interested in and whenever I displayed the knowledge on my interest he'd say I was awesome, cool, intelligent, and you're the man. I felt like a god. He said he would send me some information on when a business lecture on Amway would be held at his house. I now know why he was so friendly. The old saying we all know "If something seems to good to be true it probably is" is true.
@sumgi1537
@sumgi1537 3 жыл бұрын
red flags go up wenever someone massages my ego now
@GeorgeAzide
@GeorgeAzide 7 жыл бұрын
100% accurate information Patrick!! Network marketing is a great opportunity for people who go into it with the right expectations. Most importantly, IT'S HARD WORK. The low barrier (usually around $300+) to "owning your own business" usually attracts undisciplined people. I'm commenting while watching the video and you just hit another major point. LONG-TERM COMMITMENT. If you're just "trying it out", you might as well save your money. Truly appreciate your drive and motivation.
@VALUETAINMENT
@VALUETAINMENT 7 жыл бұрын
+George Azide you got it. 👍🏼👊🏼
@SIRGODBLESS
@SIRGODBLESS 5 жыл бұрын
Yh. Exactly bro
@revit4298
@revit4298 5 жыл бұрын
its also shit for most, kzbin.info/www/bejne/pWbbmYGOi8uDj7M
@jessieurena7583
@jessieurena7583 5 жыл бұрын
Sheep
@baberkhan8320
@baberkhan8320 8 жыл бұрын
Thanks for the video. The lesson I learned from this video is, "have a genuine product that actually helps people in one way or another, and sell it with a genuine attitude within a reasonable price." And honestly, your this video is a genuine product. You earned my respect.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+Baber Khan You got it. Thanks.
@Jesse5804
@Jesse5804 4 жыл бұрын
Baber Khan Are you still listening to valuetainment?
@dasleepytime340
@dasleepytime340 3 жыл бұрын
Don't listen to this guy most of his employees don't actually make any money he just uses them for the entry fee. Its sad because he comes off as a legit business owner.... But when you dig deep, almost none of his "insurance agents/salesman" actually make money. He promises income if you listen to him but all he cares about is those salesman recruiting more people to suck that entry fee out of. Not to mention all of the conferences that he cons his agents to go to and he doesn't pay for the hotels or flights and you dont get paid a dime for this "training". This guy is a master manipulator and I will give him that, but anyone associated with this guy Patrick is going to get screwed out.of money. Never heard of a job where you pay your job for the right to work. Fuc*ing joke. Patrick deep down you know what you are doing is wrong and only god will judge you.
@jademorgan4325
@jademorgan4325 3 жыл бұрын
@@dasleepytime340 you sound like you were hurt financially and emotionally. Want to talk about it?
@anag.676
@anag.676 3 жыл бұрын
Takes the time to judge & criticize a whole paragraph, and ends with "only God will judge you" Lol ok
@tiendoan1333
@tiendoan1333 6 жыл бұрын
There's something strange about the stigma on network marketing. They said, "the only way to make money is to recruit." Then WHY THE FUCK CAN'T YOU DO THAT?" 98% either lose money or break even. That's because people don't know how to recruit ethically and can't sell. So let me get this straight, you join in network marketing without the ability to sell and recruit all the while are not willing to self-educate yourself with those skills? OF COURSE, YOU WOULD FAIL, YOU SET YOURSELF UP FOR FAILURE. Of course, I can see the excuse "Well my leaders told me this and that." Guys! You're all independent contractors, the concept of getting FIRED doesn't apply here nor do you have to listen to your "higher-ups." I have never lost money joining any kind of network marketing opportunity, I either make money or break even. Admittedly, there are scams but I know what to look for. Network marketing and MLM existed WAY before pyramid schemes.
@antoineam1375
@antoineam1375 8 жыл бұрын
Network Marketing truly isn't for everybody. It requires individuals to get out of their comfort zone and face the 95% of the individuals who are uneducated on what MLM is. So many people get in MLM for the wrong reasons and they ruin the image of MLM. They try to force people to get in or force their product which shouldn't be the case when recruiting or getting clients or think it's a fast money scheme. They give up so easily and are labeled as quitters in my opinion. Some of the most people successful people in history like Jim Rohn, Anthony Robbins, Robert Kiyosaki, Warren Buffet, Zig Ziglar, George Zalucki etc all endorse MLM. MLM is known as the business for people who like helping others. Those who call it a Pyramid Scheme don't know what they are talking either. The successful people in MLM are one of the most humble people I have ever met. One of the only skillset you truly need to succeed in MLM is personal self development, that's all. The rest is patience.
@taoist32
@taoist32 8 жыл бұрын
Antoine Am I would only do it because of Buffett or Rohn. Everybody else is just a film flam salesman including Robbins.
@antoineam1375
@antoineam1375 8 жыл бұрын
taoist40 Look up George Zalucki and tell me honestly if you think that of him. Rohn was Robbin's personal mentor so I have a hard time understanding your belief but to each their own
@taoist32
@taoist32 8 жыл бұрын
Antoine Am some people take it too far. Robbins is over the top. Of course, that could be his personality. Rohn was very humble when he spoke. I will look up George Zalucki. Thanks.
@GNAUTICA
@GNAUTICA 8 жыл бұрын
Antoine Am finally someone that's educated Robert wrote a hole book bout it it changed Jims life
@g-tv9441
@g-tv9441 7 жыл бұрын
Sales 101 - "DON'T SELL FEATURES. BUT SELL BENEFITS. " Example: if you're going to sell iphone. You're not going to say this product has a lot features, it has bla bla bla, it can connet to this and that. but rather we say, the best thing about this Iphone, is that it can help our life easier. " Features tells about the product more. but Benefits tell about how the product or service can help the customer make their life easier. hope it make sense to you.
@user-em9su3dd9y
@user-em9su3dd9y 7 жыл бұрын
"Anything you say is perfect is an easy target." - Love this quote Patrick.
@jt_mmxx
@jt_mmxx 7 жыл бұрын
I fell onto your videos after starting with a network marketing company. All I can say is your videos have dramatically changed my life. And network marketing has made me grow as an individual and to value personal relationships. You are a direct mentor to me. And to that I thank you!
@VALUETAINMENT
@VALUETAINMENT 7 жыл бұрын
+AlderetteCustoms 👍🏼👊🏼
@ericnelson9100
@ericnelson9100 2 жыл бұрын
Where are you now, do you have a mansion yet?
@lucianobarrantes
@lucianobarrantes 6 жыл бұрын
WFG vs Primerica vs PHP The real differences , that would be a great vid
@zg8681
@zg8681 3 жыл бұрын
This is the one thing that MUST be explained to us....
@kingjames7904
@kingjames7904 3 жыл бұрын
There is none 💀
@livedifferentNow
@livedifferentNow 8 ай бұрын
Compensation, products
@cobracommander9138
@cobracommander9138 8 ай бұрын
They have different names but it’s all the same scam.
@itrikiwe
@itrikiwe 8 ай бұрын
They hide behind a different product, that’s literally the only difference. The business model and how they make their money is the same.
@livinginyorkpa
@livinginyorkpa 5 жыл бұрын
probably the most honest MLM explanation I've ever seen!
@captainloki9585
@captainloki9585 4 жыл бұрын
Yes
@ronk2452
@ronk2452 4 жыл бұрын
@@captainloki9585 if only he told us his PHP agency is an MLM too.
@darthxknivesx
@darthxknivesx 4 жыл бұрын
@@ronk2452 what you mean explain more
@karennyeley1063
@karennyeley1063 3 жыл бұрын
@@darthxknivesx watch this video kzbin.info/www/bejne/hJ7LoWqHp8mlbbs
@debbiechun7394
@debbiechun7394 7 жыл бұрын
This is an great video, as a MLM'er, I learnt some and confirmed my belief that product and customer fit are important.
@jaden6640
@jaden6640 6 жыл бұрын
don't you think its weird that nobody in these "companies" actually make money? I have met a lot of people involved with multi level marketing and of them are either struggling financially, or only have money because of their spouse having an actual job. I pity the idiots in this comment section who actually belive in these companies. Technically some people make money, but those people are the ones who were part of the compant from the beginning and got lucky.
@HunBunnvvManifestions
@HunBunnvvManifestions 5 жыл бұрын
Thundernugget dude youre right like where’s the actual money I’ve seen this a lot
@renaudadorno
@renaudadorno 5 жыл бұрын
You're talking to someone who is. I'm more than glad to answer questions. There is nothing with luck. I worked very hard to get what I've got. It's not easy. Like every other business.
@ceo28k
@ceo28k 5 жыл бұрын
Did they work or tried to just get money for joining
@HunBunnvvManifestions
@HunBunnvvManifestions 5 жыл бұрын
The fact that joining just means you are building someone else’s start up business not your own
@sivaneshm8306
@sivaneshm8306 5 жыл бұрын
@@HunBunnvvManifestions Haha.. You're in 1950s John Wayne biz idea.. Network marketing is the best platform in up coming generation.. Read "The business school " book by Robert T kiyosaki.. You will get more clear ideas about the platform! Do read
@brendan904
@brendan904 5 жыл бұрын
When I saw the REAL truth in the title and the fact that it's over an hour long, I was like "oh dear..." Sir, you've met and exceeded all my expectations!
@kenbryan8020
@kenbryan8020 2 жыл бұрын
It's not a philosophy, its a system. U remember ur Ferrari ad. Quick rich scheme . Fake it till U make it right . Ur so full of it . Then U go to podcast. U just regurgitate everything like kiyosaki
8 жыл бұрын
I'm writing from Portugal. I have not heard such a wisely opinion about this theme for a long time. Thank you so much.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
Thank you Jose.
@the_killer_power3730
@the_killer_power3730 8 жыл бұрын
VALUETAINMENT i want to ask you a question. i am willing to start an online business but i don't have a lot of money can you cover up a topic on tips to create an online business with small money thanks patrick for the great efforts bye 😃
@brycelundy7358
@brycelundy7358 7 жыл бұрын
Valuetainment I have a great story for you are you willing to listen
@MarleneSilva-qs6yn
@MarleneSilva-qs6yn 4 жыл бұрын
Hello Jose in Portugal. I'm in AZ 🇺🇸. How is Portugal in the near future for travel plans to visit ? I would love to hear your thoughts on the subject. The best to you and your family.
@raiderrocker18
@raiderrocker18 Жыл бұрын
is there bias here if you are the ceo of a multi level marketing company?
@CoreCommandoTV
@CoreCommandoTV 8 жыл бұрын
Holy Sh*t! This is free?!
@BakedUp
@BakedUp 8 жыл бұрын
Core Commando well it's profitable to him too.
@pocketman5510
@pocketman5510 8 жыл бұрын
Not very much though
@onebucks6815
@onebucks6815 4 жыл бұрын
it always leads to a scam and you realize you spent your money and got nothing back
@luxurybuzz3681
@luxurybuzz3681 4 жыл бұрын
This is the age of the internet
@TELEVISIONARCHIVES
@TELEVISIONARCHIVES 6 жыл бұрын
Actually John Oliver nailed it. I've seen many fall for this MLM crap.
@beardedreviews
@beardedreviews 6 жыл бұрын
In most MLM companies, less than 1% earn enough to make a living off of. And that is before expenses, it's not profit. Think twice before being gullible enough to listen to liars like this guy
@mulutlewatmulut718
@mulutlewatmulut718 6 жыл бұрын
Please don't make it so obvious when you are so stupid
@jcvelez915
@jcvelez915 6 жыл бұрын
Mulut Lewat Mulut he’s right look it up. The people you see at your “weekly” meetings talking on stage are the select few that are making major profit over other people who aren’t and are keeping this “ dream”
@mulutlewatmulut718
@mulutlewatmulut718 6 жыл бұрын
@@jcvelez915 just like the boss employees see on a regular weekly meeting is also a one in a 100 or more employees that make waaay more money that the slaves working 9-5 ... These 100 or more slaves 99 of them won't be a boss in that same company no matter how hard they work. Sound like a pyramid scheme to me.
@jcvelez915
@jcvelez915 6 жыл бұрын
Mulut Lewat Mulut some people never want to be ceo or head of companies in fact majority of people are just fine working like that for the time being until they move onto to other things. If I work at some retail store I know what I’m getting into and I can leave anytime with little repercussions. Meanwhile that mlm shit makes you stay and pour money for nothing. Please respond so I can educate a little more
@mulutlewatmulut718
@mulutlewatmulut718 6 жыл бұрын
@@jcvelez915 some people never want to be in top positions? It s more like most people can never be in top positions. You sound so shitty. Most people will never be. Most people are broke and poor for sure. There are more people in the world working like slaves doing 9-5 than doing MLM yet most of them are shit and they are poor. Biggest scam ever. Cubicle scheme is modern day slavery.
@ChesterB
@ChesterB 8 жыл бұрын
I'm into network marketing and I agree on everything Pat had said on this video and will be sharing and make this as a teaching tool to my associates.. Thanks Pat.
@ExtraordinaryLiving
@ExtraordinaryLiving 7 жыл бұрын
You are *DEAD ON* on a lot of the people in network marketing ... misrepresentation; over-hyping the"get rich quick" scheme; not being honest about the hard, HARD, *HARD* -working part; not being honest about the *LOOOOOONG* time it would take to even start getting the first comp check; the push-push-push people to buy and join; the over-the-top mark-up of the product price. You are also right about network marketing can provide a tremendous learning and self-development opportunity for individuals lacking in certain areas to succeed on their own.
@ExtraordinaryLiving
@ExtraordinaryLiving 7 жыл бұрын
I was (baited and hooked) in one (Market America) after having escaped the baiting of many different types of network marketing "opportunities" since the college days (vitamins, financial - World Financial Group, etc.) Was in Market America for 2 years, learning all that time, hence, I speak from *REAL* experience. BTW, this is a very balanced talk on this topic. :)
@ExtraordinaryLiving
@ExtraordinaryLiving 7 жыл бұрын
World Financial Group couldn't bait me though because they showed their hook too early ... I was invited to one of their local meetings; there their recruited agents and enrollees were coached on how to do their own recruiting. At one point, they were told to get the people they've enrolled to take the licensing exams (for which the recruits have to pay hundreds of dollars, and they would have to complete a series of these licensing exams) as soon as possible. The up-liners said that, after a while, the new recruits would have invested such a substantial amount of time and money in obtaining their licenses that they would be inclined to stay in (the business network) and grind it out (meaning getting them stuck so that they would have to stay and work to sell policies and recruit down-lines even if they have to work hard and long.) These people are this scheme-y!!!
@joseaceves4302
@joseaceves4302 3 жыл бұрын
Pat is a smart guy because he’s making 💰 off airheads. He’s KZbin channel is great tho but thumbs down for php
@AG-ie7wx
@AG-ie7wx 4 жыл бұрын
THE MLM KING HIMSELF secretly PHP 😉
@unknowingreaper6556
@unknowingreaper6556 3 жыл бұрын
Yup lol
@macioluko9484
@macioluko9484 5 жыл бұрын
The thing I love about Patrick is that even in his long videos, he crams so much info and relevant back story that you can'y help but listen.
@lisaherron2368
@lisaherron2368 8 жыл бұрын
Great video... You broke it down very well. The main problem with Network Marketing is the people who come in and do all those things your mentioned i.e.1. jumping from company to company within a very short period of time. 2. talking that "making millions" in a week garbage 3. bad mouthing all other network marketing companies (so not cool) 4. saying "You dont' have to do anything (totally BS). If you don't anything, you don't get anything. That is just they way life and they universe has always worked. Thank you for breaking down Pyramid Scheme and Ponzi Schemes. People are so quick to holler "Scams" too and most of the don't even know what that is because it's never happened to them. They heard it on the news and now they run with it.
@jaydee1987
@jaydee1987 8 ай бұрын
PBD out here responsing only to the positive comments while literally trying to whitewash pyramid schemes. Bernie Madoff must be SO proud.
@MusiciansIgnite
@MusiciansIgnite 5 ай бұрын
Bernie was a Ponzi Scheme…
@MindBat
@MindBat 5 жыл бұрын
Recent court rulings now force MLM companies to make sure their distributors sell products to retail customers as opposed to strictly recruitment of others to sell products. The problem most mlm'ers face is the ability for people to search for similar products at a lower price elsewhere. That's when autoships drop, sales slow down, and people drop out. It's a constant grind to maintain a team.
@TheDeveloped1
@TheDeveloped1 Жыл бұрын
What a rambling mess. But a great example of how to deflect criticism. Knowingly decieving.
@zg8681
@zg8681 3 жыл бұрын
"I experienced it at 20 21 yrs old....thats why I'll never Touch network Marketing and went to MSDW....Chose the financial Services industry" Yet, after MSDW, He went on and joined WFG, an MLM, network Marketing Business..... Yea right
@RyanChand-c5b
@RyanChand-c5b 4 ай бұрын
Bro there’s no way you made a video about this lmfaooo You literally have an MLM
@poeter14
@poeter14 8 жыл бұрын
I like how you set straight the difference between Direct, Network, and Multi Level MarketingI peersonally think there are many scams but if you find a respectable one that has an investment that will be restored easily, then go for it
@essvee86
@essvee86 3 жыл бұрын
#MLMIsAPyrimidSceme like PHP
@Perpetual_Eden
@Perpetual_Eden 8 жыл бұрын
Here's one thing I know about PBD and this channel. You'll always get the real truth about any topic in discussion. A true testament to PBD and valutainment's credibility. As an independent contractor in ACN, I agreed with all points made in this video, especially the 10 year commitment and I can respect the telecom and technology comments you made (the founders of our company are no idiots, they realise what you said the best which is why they got into energy, wellness and personal care and are still going strong today). One thing I would love a statistic on is the number of people who quit MLM in their first year, they're the ones who bring the worst name to our industry. Sheer lack of personal growth and dependency on others. Love all you do Pat. I hope this video goes viral and all the MLM leaders take heed in what you and other legitimate entrepreneurs educate on!
@Perpetual_Eden
@Perpetual_Eden 8 жыл бұрын
also, I followed your link and subscribed to mailing list (again lol) and verified address. but didn't receive a PDF. How can I get it?
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+Perpetual Eden, sorry to hear that. You should have received an email -- may have gone to spam, so please check there. The email has a link for the PDF. If you don't see the email in spam, please email Mario at marketing@patrickbetdavid.com. ~Rebecca, VT support
@Perpetual_Eden
@Perpetual_Eden 8 жыл бұрын
Thanks Rebecca will have a look!
@FruityRonster
@FruityRonster 5 жыл бұрын
A pyramid scheme can have a product. If the product is basically only being sold to people enrolled as distributors then it can also be a pyramid.
@truehope287
@truehope287 5 жыл бұрын
Network marketing/MLM is indeed an industry! It produces more millionaires than any other other industry.
@wanderingwanderer1016
@wanderingwanderer1016 5 жыл бұрын
Yeah, because it keeps funnelling wealth to the owners of the company. Us little guys end up being totally financially shafted.
@WaqarDepp
@WaqarDepp 8 жыл бұрын
Digital Marketing....we know who he was talking about there....;) "KNAWWLEDGE...."
@vontak59
@vontak59 6 жыл бұрын
WaqarDepp who ?
@hlboerr
@hlboerr 6 жыл бұрын
Gotta love that Thai Lopez reference
@bobbyjones7461
@bobbyjones7461 5 жыл бұрын
Loved this video! 100% accurate on both sides. I am affiliated within network marketing structure. What I got from this was that my company embodies all the positive points that you made; product, necessity, ownership, hard work, linear pay structure, etc.. All of the negatives were company/individual traits of how you want to market your business. Do you want to lie to get people to recruit, or become a recruit, make it seem easier than it is, don't care about your customers, etc. Good business practices are absolutely necessary to succeed in businesses of any marketing philosophy.
@16s93s
@16s93s 5 жыл бұрын
I love this video! I work for an MLM and you are right on the nail! There are things that are difficult to chew on, but its the truth and its making me realize that i joined the right company! 40year+ company who is a linear!!
@backtodaboom2444
@backtodaboom2444 3 жыл бұрын
The thing I hate about mlm is the way they prey on people
@shashanksharma9102
@shashanksharma9102 4 жыл бұрын
Why on some websites and on BBB people are calling PHP agency a pyramid scheme ?
@itsalwayskenny4159
@itsalwayskenny4159 3 жыл бұрын
Because if everyone was in a PHP, we will all be wealthy... does the government want us to be rich? absolutely not lol
@halfbloodprincess989
@halfbloodprincess989 3 жыл бұрын
@@itsalwayskenny4159 Pyramid schemes are all about recruiting (altough some have a product to hide behind), basically: - if the more people you sign the more you go up in the ranks - if you have to pay tp play (making the recruiting lucrative) you're in a pyramid scheme. You can make a lot of money in those, but only if you get in early or have a big following of people to recruit.
@blessingsfromheaven8445
@blessingsfromheaven8445 3 жыл бұрын
When you recruit you are giving them the opportunity to write business as an agent by themselves and become coded. State farm and all these insurance companies do the same thing as these "pyramid schemes". If you want to sell insurance by yourself that's fine but why not show people your wealth in the business and then create a team. That's how business works 😂😂😂 but we can agree that recruiting your friend you havent spoken to in along time to join your team to sell insurance is a bit much.
@Live4beatss
@Live4beatss 3 жыл бұрын
@@itsalwayskenny4159 i hope ur being sarcastic lmao
@JEstupinan
@JEstupinan 3 жыл бұрын
@@halfbloodprincess989 every business recruits and makes money off you. That’s why there is car sales people and car dealership owners. When will the car dealership owner teach the car salesman to one day be an owner ? When will the Real Estate broker teach the sales agent how to open his own brokerage? Keep in mind the real estate broker makes money off you when you sell a house and I don’t see people saying being a real estate broker is a scam.
@bobdaves4257
@bobdaves4257 8 жыл бұрын
David, Thank you for that video! I am proud to be a part of network marketing company. You were spot on your observations. I thought it was very thoughtful and well research from your own personal experience and that of others. I am proud of my company because we don't paid to recruit but move product through a pipeline to consumers. When I talk to people about our opportunity I talk about the person that might just need a couple hundred buck to improve his family's life. Maybe they just want to get out of debt. But I also tell them that they are going to work hard that they ever have before. I stress that there is no such thing as "Something for nothing.' I also stress the importance of personal development. I tell them that 'Readers are Leaders and Learners are Earners." So as I watched the video, I saw something that I can improve and learn from. So again thank and keep up the great work in cheering us entrepreneurs on!
@taoist32
@taoist32 8 жыл бұрын
Bob Daves it's always best to be honest and have integrity. People are attracted to authenticity. Glad you enjoy what you do. I tried many mlm/network marketing companies and could never find the one that was completely honest. Even some Amway people have tried to "manipulate" and "deceive" by saying I could be at the top in less than five years. It's always been my standard to be real. People will not succeed by cheating no matter how much money they have.
@bobdaves4257
@bobdaves4257 8 жыл бұрын
Thanks for your comments. I try my best every day to serve the people that purchase my products and the members of my team. There are a lot of companies out there. I have been fortunate to find on that I have a passion for and gives me the opportunity to serve others. I am honest with people that like David said in his video that you have to work hard. I work harder now than I did ever in Corp America. That servant leadership starts at the top of our company and it shows in every leader in our organization. Again Thanks! I wish you the very best in whatever your heart desires!
@migget92
@migget92 8 жыл бұрын
taoist40 I would highly recommend the network marketing company I am with. We are expecting an announcement Jan. 14th that we are going international. More specifically, Japan. Our saying is "Never Sacrifice Integrity for Growth." I hope to talk soon!
@bobdaves4257
@bobdaves4257 8 жыл бұрын
I am going to stay where I am at! I have over 3,000 on the one pay powerline on the health and wellness side and 4,500 on the one pay powerline. Plus, I have over 200 personal sponsored on health and wellness and over 50 personally sponsored on the travel so I am set for 2017.
@toplionmarketing9622
@toplionmarketing9622 7 жыл бұрын
Awesome job Bob, Are you apart of more than one Company when you mention your numbers? If so how were you able to manage? Is that recommended?
@jrosetothedome
@jrosetothedome 7 жыл бұрын
This is spot on!! I plan to use this video as a great 3rd party endorsement, so thanks! I 100% agree, and am currently trying to turn around the negative stigma that's associated with network marketers by teaching people how to do it the right way.. In my organization we aren't in the business of recruiting, instead we thoroughly vet and select our candidates. We believe in preparing them for business ownership and giving them a full expectation of what it takes to become successful before we agree to bring them on board. As a team we understand the value that we bring and the great opportunity that we have so we do not prostitute ourselves or our opportunity. My business is powered by Amway, the greatest company in the game.. (literally #1 on the DSA list) Just wanted to give you a little backstory that you might not know, that sets Amway apart from every other NWM company there is. When Amway was founded It first started with 5 couples that came from another business (that Amway later acquired) (the DeVos', VanAndels, Victors, Hansons and Dutts) they first formed the IBOAI (the business owner association that makes all the decisions).. Only then they went out and found products and formed the company. It is truly we the people, we created the values the company was built on. Every other MLM is company first, then distributors. Our IBOAI board is made up of a majority of IBO's (Independent Business Owners) who are elected representatives of the field, so they outnumber the company representatives, which means no decision can be made to change anything with the company that would fundamentaly affect our compensation without first being approved by IBO majority. There's nothing else like it. Amway has been around for 58 years and paid out over 55 Billion to IBOs. Amway is also debt free and privately held, which means more money paid back to the IBOs, more money into R&D, and more ability to pivot with the market. We have the liquid capital to acquire and adopt winning niches and absolutely blow them up... If you asked about the philanthropic generosity of Amway we'd be here all day, the list is endless. Thanks again for getting the truth out there, we tell people this is a 5-10 year process to financial independence (IF you follow what we teach)... It's going to be harder than you think, it might take longer than you think, but the rewards will be better than you can understand. Be great!
@peaceofmind8577
@peaceofmind8577 6 жыл бұрын
Recently got into a MLM that fits in the 3-7 years range. It doesn't have any of the red flags and most of the "what to look for" were met. I'm super motivated right now. The comp plan is the best I've seen out of MANY. It is a mix between the binary and matrix. I'm super hyped!
@VALUETAINMENT
@VALUETAINMENT 5 жыл бұрын
Share your thoughts with Patrick Bet-David by texting 310.340.1132 or click here my.community.com/patrickbetdavid
@paulussantosociwidjaja4781
@paulussantosociwidjaja4781 4 жыл бұрын
Why don't you directly point out Pyramid Marketing as Money Game Marketing? So, by the way - affiliate marketing is still ok Pat?
@karennyeley1063
@karennyeley1063 4 жыл бұрын
Would you define PHP as an MLM company?
@Rodrigo-tk2fm
@Rodrigo-tk2fm 4 жыл бұрын
Hey, I think you should show this information to all your leaders at PHP. They're using dirty tactics to recruit and to sell insurances. Specially in Bakersfield Ca
@AG-ie7wx
@AG-ie7wx 4 жыл бұрын
PAT IS GOOD
@susanblair3834
@susanblair3834 4 жыл бұрын
@@paulussantosociwidjaja4781 i
@andrija_mihalic
@andrija_mihalic 5 жыл бұрын
Patrick Bet David, you are creating a lot of value, thank you.
@hm8723
@hm8723 8 жыл бұрын
here in japan, net marketing is a popular method among young ppl. good vid realized lots of philosophy
@spiritakarabbit369
@spiritakarabbit369 7 жыл бұрын
Matsumoto Hiroki YEEEESSSSS. MY SALUTE TO YOU ALL AND CONGRATULATIONS. The numbers you all make there is incredible. honestly its an example of what should be happening here in America. Salute
@basil1love
@basil1love 4 жыл бұрын
I too enjoyed the video and the concept. I am particularly interested in co-ownership and equity.
@yoshi7193
@yoshi7193 4 жыл бұрын
Let me tell you a story, I was watching this video, I learned so much and felt enlightened, i looked at how long I was watching, i couldnt be happier that I only watched 15 minutes until then.
@itsme.D
@itsme.D Жыл бұрын
PBD comes off as a real slimy character. I wouldn't buy a car off him, that's for sure
@buckledealer
@buckledealer 8 жыл бұрын
I have to be honest. I just watched John Oliver's show and it will take a lot to convince me that there is anything good about MLM's, so now I'm going to watch your video.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
Let me know once you finish watching this video.
@buckledealer
@buckledealer 8 жыл бұрын
I really appreciate and respect the part where you talked about painting it real. That was very cool. When you talked about teaching people to manage their finances, I wondered what you thought about Dave Ramsey's philosophies and would like to know your opinion. This video brought me so much clarity, and I finally know the real definition of a pyramid scheme. Thanks!
@lakhbirsingh4403
@lakhbirsingh4403 8 жыл бұрын
When I was in my early twenties some of my friends and relative forced me so much to join and my question to them was is there any product. I always believed that if company dont have product then it can not last long. Today, with this detailed research work you have presented in front of us assures that with lot of other knowledgeable aspects of the industry, Thank you for that. I can soak in all the information you broadcast all day along and everyday. OH! By the way, I am missing that final tone (boom) from so many videos :P
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
Excellent. The boom is coming soon. ;)
@joesaleh3678
@joesaleh3678 8 жыл бұрын
The diamond in the rough of youtube content! Incredible Pat. I honestly really appreciate what you are doing for everyone and myself with Valuetainment.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+Joe Saleh lol. You got it.
@tbi08
@tbi08 5 жыл бұрын
Not a fan of MLM's due to the negative connotations associated with them, as you allueded to in this video. However, I've only been watching you for about a year, and I can definitely tell you've always been genuine. Great video and information. Keep it up! 💪
@joelow63
@joelow63 7 жыл бұрын
a pyramid scheme has no product if u get 5 other people they'll pay you 500 then it goes up etc top person wins
@johnd9541
@johnd9541 5 жыл бұрын
You just described a Ponzi Scheme. Pyramid schemes have products. Think Advocare.
@dumblewhoree
@dumblewhoree 5 жыл бұрын
@Kevin w pyramid schemes are a shitty business model
@09Yassine
@09Yassine 4 жыл бұрын
Network Marketing isn't perfect, it has its challenges but it's better than any form of entrepreneurship on earth, there is no other form of entrepreneurship of the average person that can beat this, no one can debate me on the subject, no one can beat me on this subject it is indisputable it's better. -Eric Worre
@shacur145
@shacur145 8 жыл бұрын
I love your vids but by far---This is the BEST BEST BEST talk about network marketing I have ever heard!!!!!!!!!!!!! Had to share it!!!!
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+S Currie Thanks.
@lawrencejenkins1280
@lawrencejenkins1280 8 жыл бұрын
Hey Pat, Mario and the rest of you at Valuetainment, I just wanted to say thank you for all of the content you provide through your channel. I've subscribed to you guys months ago and watch a video every morning. I have to say this video couldn't have come at a better time. I'm a 25 year old aspiring entrepreneur. The other day the opportunity to make some residual cash along side the income from my job and my brother and I's audio engineering startup GEWP through LegalShield was presented to me. I've been debating whether to give it a shot but the idea of attaching my name with a "scam" or get rich quick scheme really didn't sit well with me. After watching this episode it has given me many things to be weary of and assess in my decision to join this business. I do wish you had spoken a little more on them specifically but all in all great video. One day I do wish to meet you and Mario. You have been a big part in my daily regimen for the past months. Thank you all for being an inspiration and distant mentor. #ImGewp P.S. If you are ever looking for music for your videos we would love to provide instrumentals or songs for you.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
+Lawrence Jenkins There you go. We're always looking for good music to consider for the channel. Feel feel to email Mario at marketing@patrickbetdavid.com.
@ArielWalls
@ArielWalls 8 жыл бұрын
Patrick, thank you very so much for giving out your point of view, you have so far earned my respect. Knowing that an organic bussinessman like you has shared their honest thoughts from outside of the industry fills me with a lot of more confidense. I have been in Network Marketing for a year and a half now and it has been so far the best desition I have made. I will continue to make our industry proud in a professional way. Thanks a million for everything you do!
@traveldiaries2681
@traveldiaries2681 5 жыл бұрын
Let's connect through mail anesushant1@gmail.com
@11Khalid11
@11Khalid11 Жыл бұрын
@ArielWalls are you still in network marketing and if so how is it going?
@swaybul
@swaybul 6 жыл бұрын
I am 13 years old and I really found this video interesting and has changed my ways of thinking about marketing. If you want to be successful at marketing you have to invest 10 years into it. You can’t just go in thinking you are going to be a millionaire in the first month, and have all the girls, and the cars, and a house in California. It just doesn’t work like that and people in there 20s or 30s are gullible into thinking that they can make 6 figures a month doing this in one year. They eventually fail because they are not making 6 figure but if they could make a living off it, do it! If they invest their time into it, it will pay off in the long run and after hours and hours of work for 10-15 years you will eventually get your dream car or house but you can’t be thinking about that. You have to worry about your customers more then your next paycheck, if you are to busy worrying about money then you won’t have any sales because you will be annoying trying to get the people to buy it. If you relate with the client and make them feel good and become friends with them and make them feel comfortable talking to you then you start talking about your product. They are more likely to buy rather then saying “buy this product because you will get tons of girls!”. I really loved this video and has honestly changed my way of thinking about the different types of marketing.
@kathrinemurray7513
@kathrinemurray7513 6 жыл бұрын
All these brainwashed people in the comment section came here seeking validation for getting in way over their heads in debt for a scam smh. May you realize your mistakes and act accordingly; have a good day.
@CarlosRobles-zm2ne
@CarlosRobles-zm2ne 6 жыл бұрын
I don't know to call it brainwashed... because I personally know a lot of people that are in network marketing, they've been there for like 2 years and now they are doing this full time because they have enough business to sustain yourself, she shut everybody mouth and now she's doing great! I won't call it a scam anymore, is legit!
@dekishajones282
@dekishajones282 4 жыл бұрын
Carlos Robles Your friend must of got in very early at the top of the pyramid
@AkosM
@AkosM 4 жыл бұрын
@@dekishajones282 You say this based on what?
@dekishajones282
@dekishajones282 4 жыл бұрын
Ákos Moldován Profit reports from multiple in Mlm companies! Also this year dynamic of her pyramid scheme’s work people of the top make money and people at the bottom do not! Don’t act oblivious to basic information
@AkosM
@AkosM 4 жыл бұрын
@@dekishajones282 Since when do MLM companies share their profit report based on, who got in when and how much of the "chunk" those people have? I've been in an MLM company for a few years now, read quit a few articles myself but never came across any such report. Mind sharing it with me?
@ericcolonna
@ericcolonna 3 жыл бұрын
I love these videos with just Pat talking. we really dont need any cool edits, just the content
@CarsNkids22
@CarsNkids22 7 жыл бұрын
Thank you Patrick and @valuetainment for making this video!!! I searched a lot of places to find some unbiased opinions on MLM when deciding launch my business and your video answered every question and concern that I had. I am starting my first month in business as an Independent Business Owner and have found the information and time that my coach and mentor have given me in this short amount of time soooo valuable. I was very close to trusting all of the negative, one sided information that is so easy to come by. Again, thank you for such great content!!
@itrikiwe
@itrikiwe 8 ай бұрын
So how did it go? 6 years later, how is your “independent business owner” thing going? By the way, calling this unbiased when this guy literally owns and has made millions from an mlm is absolutely hilarious.
@moonlanding8360
@moonlanding8360 4 жыл бұрын
Man Patrick thanks for this video, I have been approached by two network marketing company and turned both of them down because I didn't feel like it was for me but it stayed on my mind and now that I watched your video you strengthened my opinion on it even more thanks for your teachings I am a big student of yours. Keep it up!
@lisanyc_7904
@lisanyc_7904 3 жыл бұрын
Time to reconsider Joel - let’s stay in touch on Instagram @Lisanyc_
@andremzk
@andremzk 8 жыл бұрын
Bad Christians don't invalidate Christianity in the same way as crooks and cheaters don't invalidate Capitalism... Great content Pat! Always enjoy watching your work. - Andre
@annabell3385
@annabell3385 3 жыл бұрын
Scientology is currently trying to claim they're Christians in order to be more valid. A lot of Christian cults and sects, like the ones which are "prosperity" churches, serve to invalidate Christianity. Until I researched cults and religions I thought all Christianity, including Catholicism, was the same.
@Merctoonz
@Merctoonz 5 жыл бұрын
Being apart of your channel is like walking and bumping your toe into a stump that's made of Gold and you try to dig it up and realize this ain't a stump it's the Apex of a buried gold mountain. I value your content. Thank you.
@JAJAtheQUEEN
@JAJAtheQUEEN 7 жыл бұрын
Anyone else notice that the chalk-board says "Types of Maketing?" Also, this guy's argument is so reductive. MLM is not a legitimate way of getting into business.
@theyseemetrollintheycantwi1514
@theyseemetrollintheycantwi1514 8 жыл бұрын
great video pat. BTW, that kid who messaged you saying that most people were responsive to his abusive marketing was lying. I was apart of a company that encouraged us to say that as script. That company doesn't exist anymore.
@VALUETAINMENT
@VALUETAINMENT 8 жыл бұрын
I can see why.
@ElCompaJV.
@ElCompaJV. 8 жыл бұрын
you honestly reaffirmed why I joined network marketing, for the pure experience on entrepeurship. I thank you again for everything you do.
@shooterrick1
@shooterrick1 6 жыл бұрын
Juanmanuel Vizcarra Oh you poor man. Working for a MLM scheme has nothing to do with entrepreneurship. Do you manufacture the products yourself? Do you control the pricing? Do you decide the methods of distribution.
@alexanderrarick2071
@alexanderrarick2071 6 жыл бұрын
How has it worked out so far? Just getting into it myself..
@girafficjam1678
@girafficjam1678 6 жыл бұрын
@@alexanderrarick2071 what's your thoughts so far? What company as well?
@madewithreal100beefcheese9
@madewithreal100beefcheese9 5 жыл бұрын
2 years later and no response uh oh
@stefanpretorius380
@stefanpretorius380 5 жыл бұрын
Bra, I rate your channel on par with the MBA I have done. I would even go as far as to say your channel is the depth that the degree lacks. Not bashing MBA's but the honesty and straight forward reality you are providing are usually not openly shared. Thanx
@jasongreen6842
@jasongreen6842 Жыл бұрын
You should be ashamed of yourself Pat!!!
@vidhathshetty3114
@vidhathshetty3114 4 жыл бұрын
I'm a mlm in a matrix system and I throughly enjoyed you taking both sides of the argument and not straw Manning any one side. Loved the video
@matthewcaldwell8100
@matthewcaldwell8100 9 ай бұрын
This man is literally describing the strategies he uses.
@PatrickAung93
@PatrickAung93 4 ай бұрын
That's what I dislike about this Patrick bet David guy. He never addresses the issue. He goes on talking and talking for hours No one in MLM ever addresses the issue.
@chrischidiifegbo5259
@chrischidiifegbo5259 6 жыл бұрын
I cant believe i just spent a whole hour watching this video without knowing it. Great content.
@twinfactor3446
@twinfactor3446 4 жыл бұрын
This video has taught me a lot of things I never knew before. I really love every aspect of it I have been in MLM for 2 years now not yet at the top but I have been looking for good ways to reach out to people now I know I don't have to exaggerate the way I present this. I am glad I searched this video my curiosity gave me the best thank you Patrick for opening my mind to possibilities and how I can become a better network marketer.
@RytaKhouri
@RytaKhouri 3 жыл бұрын
Heyy there
@twinfactor3446
@twinfactor3446 3 жыл бұрын
@@RytaKhouri hey
@WorldKingLive
@WorldKingLive 5 жыл бұрын
This video needs to be shown to everyone in high school as they begin their senior year...
@dzdogg
@dzdogg 5 жыл бұрын
I hope Dan Lok sees this. Thank you for doing this video. Very neutral and honest.
@gu3sswh075
@gu3sswh075 3 жыл бұрын
dzdogg that man is a fraud, just search up a few KZbin videos…
@hellojimmyjimmy
@hellojimmyjimmy 7 жыл бұрын
You're freaking awesome! I hate watching business videos. I can't sit through one minute. But you! You're something else!
Are MLMs Really Legal Pyramid Schemes?
8:10
The Ramsey Show Highlights
Рет қаралды 71 М.
How to Think Big as an Entrepreneur
41:06
Valuetainment
Рет қаралды 679 М.
Don't underestimate anyone
00:47
奇軒Tricking
Рет қаралды 21 МЛН
ТЮРЕМЩИК В БОКСЕ! #shorts
00:58
HARD_MMA
Рет қаралды 2,7 МЛН
How To Break the Curse of Your Limiting Beliefs
27:28
Valuetainment
Рет қаралды 404 М.
Network Marketing EXPOSED: What They WON'T Tell You?! | Anthony ONeal
44:42
Is Selling Amway A Good Idea?
5:52
The Ramsey Show Highlights
Рет қаралды 300 М.
16 Time Wasters of Entrepreneurs
25:56
Valuetainment
Рет қаралды 811 М.
How to Network Like Casanova
25:17
Valuetainment
Рет қаралды 784 М.
Don't underestimate anyone
00:47
奇軒Tricking
Рет қаралды 21 МЛН