I’ve noticed recently that those that oppose MLMs, are asking MLMers for proof of their success. Sounds logical?
Here’s a hypothetical example. Imagine that you are at the popular, yet fictitious, internet forum; “Multi-Level Mentors”
Hey, I just got involved in Magic Mustard and I’m making $1000 dollars a week, email me for info!
Colonel Mustard responds:
Hey you stupid spammer, go peddle your wares elsewhere. You know full well you can’t make income claims like that.
I sell Magic Mustard too. It’s a good company, but like any company, it’s gonna have people that do things wrong. I emailed Dash to let him know that making income claims was wrong, and that any income claim he made would not be indicative of what another Magic rep might make.
Stay outta this! You got no right claiming all this success! I think Magic Mustard is a scam, cuz I like Ketchup on MY hot dogs! If you’re so high and mighty, where’s your Schedule C!!!!!
This is where it gets illogical, and somebody almost always claims the original poster may or may not have known who his father was.
My confusion is this; Why does someone want to see a Schedule C?
If “BushNut”, I mean BushUSA, is correct and an income claim is not indicative of what another MLM rep would make, then why would a Schedule C be any more proof?
If you are researching an MLM company and you have been given the company prospectus that details the compensation plan, the products, the percentage of active distributors, and a median and/or average income of distributors; then what does a Schedule C do; except shut the person up making ridiculous income claims?
And if he is the type making ridiculous income claims, then chances are you won’t be attracted to joining him in the first place. And if he isn’t making income claims; then attacking him and asking to see private tax information couldn’t possibly help you, either.
Does his Schedule C’s profit or loss determine what yours will be, any more than the disclosure info presented?
When do you take your potential, experience, life habits into the equation?
Feel free to tell me what I’m missing.
But the “But I’m investing in your business, let me see the books” doesn’t work either. You won’t be investing in HIS business, nor will you make an income based on HIS business.
The floor’s open, but you won’t be seeing my Schedule C.