Do You Think This is Ethical? |
Mentors In Motion Marketing Team
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In efforts to build your own business, do you think it is ethical to bash another? There is a group on the internet who offer some valuable free services and advice. One of the services they offer has me scratching my head. They offer to examine the compensation plan of your network marketing company. Now, if they have the credentials to do this is, at best, questionable, but they look at your comp plan and advise you as to whether or not you can make money with it. Now, call me crazy, but the best evidence to me of a good comp plan is people making good money! These good folks will examine your company's plan, and when they find holes in it, they will show you their's... which of course is better. People who have yet to develop themselves, may jump ship. Personally, I think its a great thing to provide good information on compensation plans. I think that information should be generic and allow people to apply the information to their own company. I think it is completely unethical for me, marketing xyz company, to examine your abc company. What do you think? ~ Karen ~ Karen Weir Parenting Special Children |
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Comments (18)
 HP: 27  |
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| Hey Cindy,
Guess what.? We do think alike. I am in this group with you and they are the best I have ever come to know. If I had found them a few years ago, I would not have lost money to a couple of those other groups. I think ethics are great, because they are taught by My Lord. He is my hero! My only one! Phyllis Belden Phyllis Belden SKYPE phyllis.e.belden |
 HP: 393 |
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| Hi Vibrant,
I couldn't agree with you more! Everything should revolve around the product. Great points you raise. ~ Karen ~ Karen Weir Parenting Special Children  Group Administrator
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 HP: 6 |
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| I think it's a waste of time for a company like that to analyze the compensation plan for you.
I'll give you a good reason why: First of all, we should all know that a compensation plan is only as good as it's product. There are a lot of people out there with companies that have tremendous paying comp plans, but the people arn't making any money. Why? Because the product isn't something people need, nor is it something they necessarily need to reorder every month. In addition, the product isn't effective enough to keep them coming back for more. I would prefer a company with a lower paying comp plan that has an outstanding product that delivers over a company that pays outstanding but doesn't have a product with signifcant-to-major impact on their customers. This will lead to quick money at the beginning, but super high attrition in the long-run. A decent comp plan coubled with high retention = solid long-term residual income. Thankfully, I'm with a company that has both a high paying comp plan and a product that delivers impactful short and long-term results. :) |
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HP: 393 |
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| Personally I don't trust scam sites. Some of those guys are right off the wall! LOL
I think the only way to protect yourself is to educate yourself. Due diligence is often an after thought. Seriously, if people did their due diligence in the first place, they wouldn't be so easily swayed by someone with a free eBook and a promise to evaluate their compensation plan. The comp plan should have been evaluated before joining! LOL If you haven't done so yet, check out Steve's post on Due Diligence Benchmarks - this ought to be in the handbook: http://www.apsense.com/subject/12060.html ~ Karen ~ Karen Weir Parenting Special Children Group Administrator
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 HP: 427 |
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| Hi Everyone,
That is a bit of a scam to pull on someone. I would say that it is unethical if the information they give you is a bunch of bologna. It would be interesting to see what would happen if several earners submitted their programs :: got the results :: tabulated it :: and wrote up an article for a blog that reviews such sites? Where would someone find such a blog or website? I know the report scam sites often have ok programs that someone reported because they didn't learn how to promote or spent the time necessary to build their business. any comment? Beth Olde Fashioned MLM |
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HP: 393 |
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| Hey Steve and Jenny,
Integrity and due diligence ... indeed 2 key ingredients to success. How about this slant on the issue though. The group I am referring to teach people that they bring in to do this same thing. I beleive that some of them honestly believe that what they are doing is good and noble. In their minds, they are acting with integrity - saving people from staying with organizations that they "believe" have a bad compensation plan. To me, it boils down to a lack of good training. And Jenny, you're right. If people performed their due diligence in the first place, they may not be so open to suggestion... Coach Steve has posted a wonderful article with points to consider in doing due diligence. I think everyone ought to read it: http://www.apsense.com/subject/12060.html ~ Karen ~ Karen Weir Parenting Special Children Group Administrator
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 HP: 1047 |
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| Hi All, Steve has just used the magic word INTEGRITY! The world is in a pretty sorry state - with wars and self interest still prevailing over peace and communal effort. Business suffers from lack of integrity - often practiced by the very people who influence the laws made to stop it. HOWEVER - offline there are many checks and procedures to keep things under control. ONLINE they barely exist. Due diligence is hard to do because of the lack of non-publicity based information and the absence of enforceable controls. Result - when we find out that integrity or honesty is lacking on an internet programme - it is usually after the unethical deed or even scam has been done. It is only THEN that we can find information into unethical or dishonest practices. This will change in time, as the regulations for what one can say and do on the internet are tightened up and means of tracing unethical behaviour improves. But for now, all we can do is our own research and remember - if it looks like a rooten fish and smells like a rotten fish - it probably is a rotten fish. and as for integrity - Do as you would be done by. Someone has to be first. And if you dont want do it stop complaining For Angel Lovers tinyurl.com/dnlaff]Bonanzle? |
 HP: 84 |
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| Hi Karen;
In my opinion it is very unethical to bash another in efforts to build your own business. However, that practice has nothing to do with MLM industry and has everything to do with Human Being. Also, it is a fact that it's easier to to do it in the MLM industry, because so many people want to make money without doing anything. Their hope of the easy life just like winning the Lottery keeps this industry growing with the "Snake Oil Salesman". Although they are everywhere for them the MLM industry is heaven. So, we can all rant and complain about it but that won't change a thing. We can't change other people. We only have control over our own actions and reactions. For me, the entire conversation about being ethical boils down to one thing-Integrity. My definition of Integrity is that we live by our "word". What we say is what's going to happen, so our our family, friends, associates, etc can count on it. It's never too late to put this practice into action, it will "Rock Our World and Everyone Else's" around us. To Your Success, Coach Steve Coach Steve Toth Real Coaching Radio Network |
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HP: 393 |
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| Hey Tracy, its great to *meet* you! I'm going to have to agree with Eric on this one, and THAT doesn't happen often does it Eric? LOL
Network marketing is ALL about relationship building. What you describe is a classic example of the statement that people join people. You introduce someone to a business, then they discover that someone they know, like and trust is in that same business so they join them. Ethical? I think so. As a student of the Law of Attraction, I do not believe in competition. Where you feel a need to compete, you feel a need to "steal" people from others and to operate in a cut throat fashion. This is strictly due to a mindset of scarcity or belief that there is not enough to go around. If I was to lose a prospect to another person within my company, I would be happy that the prospect found what he was looking for. I would not take it personally. There are thousands of other people out there looking for a good business. I read somewhere that over 90% of the ads and offers on the internet are scams. Of the 10% that are legitimate 5% or more exaggerate. Again, this kind of advertising comes out of a mindset of lack. All we can do, in my opinion, is conduct ourselves in an ethical manner and know that abundance is our birthrite. In the end, we all get what we deserve, and those of us who conduct ourselves in a cooperative, helpful and ethical manner will be rewarded. JMHO ~ Karen ~ Karen Weir Parenting Special Children Group Administrator
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 HP: 104 |
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I guess thats part of relationship building, we build trust in people we know and when something new surfaces we tend to go with the people we know even though we had been introduced to the opportunity / product by someone else. Eric J. Smith Lifestyle Home Services Lifestyle Organics |
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