Yesterday I gave you 5 of the most influential stories of 2008 in network marketing and mlm. Today I will give you the biggest stories that many of you know about, and there are some of you that know nothing about them.
*1- The many many attacks and lawsuits against a MLM Giant in YTB. I am sure you have heard of all the hoopla and fuss going on about this company and their practices. It is always sad when one of the companies in your industry has to defend itself against accusations and things whether justified or not. The fact that they were under such scrutiny and pressure speaks volumes of what people think about them. Now, I am not judging them I am merely stating facts that have been well documented. Under such strain the company has changed some operational strategies that they feel will be beneficial for all involved. We can only wait and see as time will tell.
*2- What I think is maybe the biggest event to happen in the industry, and has flown completely under the radar. An event which was so monumental, yet not many people knew or even heard about it. 5CTV acts as a cultural bridge,bringing the world to China and China to the world. 5CTV’s programming will introduce you to some of the most exotic locations on earth and their travel resource partnership with Traverus Travel can actually bring you to them. Think about the potential and positioning of being in front of 1 Billion people plus at any given time. This is a sleeping giant and it is about to wake up!
I promised that I would give you the biggest stories in network marketing and mlm in 2008 and here are some of the ones that we thought were biggies..
1-
CEO OF TAX PEOPLE GOING TO TRIAL
10 Jan 2008 – Michael Cooper who ran The Tax People (TTP) in Kansas that hurt the concept of multiple center binaries on startup. I am not attacking the binary but the fact that they used (a 3 legged binary). To buy in they sold 4 business centers, one main business center with three legs. To activate them you had to buy 4 tax packages for $1200. Problem was there was really no retail possibility for the tax packages as reported to the MLM Watchdog. So it caught the attention of regulators. Michael is back from Mexico and facing a BIG trial. See Michael Cooper > http://cjonline.com/stories/010908/loc_234315867.shtml
This is a big one because a lot of people thought they would succeed because of how Dubai is growing.
PHIL PICCOLO OUT LOOKING FOR SUCKERS! AGAIN!
9 Feb 2008 – DUBAIMLM.com is not legitimate. Not only are you never going to get anything for your Dubai Dollars you will no doubt get scammed out of hard earned cash after Phil uses this name capture website to get your name and all vital information. Click here to see website and run!
Amway, as much as many people talk about them, suing Monavie on nutritional claims.
#4
Usana announcing that it would go private after being in a battle with a few scam attackers. This could have gotten real ugly..Anytime your company has to go to court to defend itself for any reason, it can be u-g-l-y.
#5
The shutting down of Ad Surf Daily. This one hits close to home because one of my students was about to join this and I advised him to look past the numbers. It was one of the ones that made it look like you can get a lot of money for next to nothing..It just does not happen that way.
Tomorrow I will give you the last big stories of the year in network marketing..maybe they will not be so dismal…cheers
P.S If you have something that you feel is noteworthy feel free to leave a comment and share it with us..
