Bitcoin Forum

some one offer to me to join his network marketing company  is network marketing profitable ?

Are you talking about network marketing or something like altcoin promotion. I was also getting contacted by some of my friends to join leocoin altcoin network marketing. are you talking about the same ???

network marketing

No i will never go for network marketing and also here in nepal network marketing is banned.
IN NM only the one who is in top level of tree get most of the benefits and profit, if you get into it late than you can't even get back your membership price.

i though that  too it is as bonze scam .

my friend keep saying he makes money  :P

Well from what I know is that if you do like reallllly good, the top people who usually start the Networking marketing will recruit you so the next time they do another one they will invite you and will be more higher up.

My friend used to do WakeUpNow before they ponzied out and he invited like 30+ people in under 2 weeks he was invited to a secret facebook group for people with potential, so now hes invited to other MLM's but placed higher up as one of the starters.

One Hero Member who make this kind of question is something shocking for me. So Hero Member a bitcointalk and have not even the minimum of knowledge about network marketing? Dear Hero, network marketing is something very large and you can learn everything about it only doing a very simple search at internet. Go at google search at type: network marketing. Will see thousands and thousands webpages with all the possible point of view about this "two words". You will have not time to read even half of those.

As for the profitable I can answer doing another or two questions: Is profitable a business? If yes for how many time?  My answer would be: Who knows? Depends from the business, depends from the field in which act, depends from its leaders, depends of the source of its resources, depends from the people who work on it, depends from other hundred unknown factors with which this business will faces during all its activity.

Had you the answer you waited? Was in some kind helpful this my post?

Your friendship will be tested when you both lose all your money.

lol

If you like doing something, the amount you are paid, doesn't make a difference. If you like it, it will be profitable for your life. Otherwise, I don't believe that it is profitable.

Most network marketers do not succeed, but if you have the right product/company, marketing system, and compensation plan then success is possible but it will depend on your talent, effort, resources, etc.

If you have the opportunity, do it and get the money and run, then invest the money you made on this in something more stable. Ponzis can be useful if you know when to get out.

If you are talking about MLM,i really dont like MLM scheme.Only people on the top  are making money
It is Ponzi scheme very often.I am staying away from  them

Network marketing is usually very profitable.

Network marketing is only profitable for a few people, not for the masses. if you work very hard, if you have a big network and if you are talented in selling and doing marketing, then you could be successful. Otherwise, very likely not.

There are people who have made million of dollars with network marketing. The key of success in this field is the formula chosen to make money and first of all the ability of the main promoter and its followers (more able is the first, more are and increases in time the seconds) to convince the others about the profitability that offer the above formula. I haven't yet seen or hear about network marketer become successful with cryptos (including bitcoin) but this doesn't mean that cannot be one or more more such. Anyhow network marketing need big amounts of people involved and the community of bitcoiners is yet few to attract the attention of the big whales. To not forget that in this field of activity exist a mountain of scammers. So beware from those in following the offer made to you.

Networking generally is profitable when there are people involved in it. As it is called (networking ), it is people based. If one has network of people, then it will be profitable. For instance, someone who has lots of friends on social media, like facebook, twitter etc is likely to make it more.

I never tried network marketing but why not. I mean if some people are saying that it's profitable, you can purely ask them for tips. If it will be helpful to you then it's worth the try.

Do you mean something like this https://www.entrepreneur.com/encyclopedia/network-marketing (https://www.entrepreneur.com/encyclopedia/network-marketing) then? And by 'outside from bitcoin' you mean everything apart from cryptocurrencies? Than the answer is probably no. I mean, if you're good at convincing people to buy some stuff they'll never need then yes, but I think that it's better to promote projects indirectly like in signature campaigns rather than really make people invest their money into something. I guess in the latter case you inevitably feel responsible for the impact you made on lives of others and that impact might be a bad one.

"network marketing" is a euphemism for "pyramid scheme". Most people lose money in a pyramid scheme. The people that make the most money are the operators because they risk nothing (except the possibility of prison).