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If you are one of the millions of people around the world who innocently join the Network Marketing Industry or Multi Level Marketing industry then this HUGE and dirty secret is going to upset and annoy you! The kind of behaviour I am talking about amounts to unethical practices at the very top and is disgusting!
There are millions of people around the world involved in the Network Marketing (NWM) or Multi Level Marketing (MLM) industry and the great majority of them will have come into the industry looking to make a change for themselves. Looking to replace their job wages and begin to work for themselves.
Imagine doing this: Making sacrifices. Working your little butt off to make a change for the good of your family, believing that your hard work will one day pay off only to discover that the very company you have aligned yourself with have a HUGE dirty secret and are effectively scamming you!
You NEED to know this so that you can protect yourself, your business and your team!
If you are involved in Network Marketing or Multi Level Marketing (NWM or MLM), or are a Network Marketer or Multi Level Marketer, or have ever explored the realm of Network Marketing or Multi Level Marketing and found it to be more challenging than you were initially told, this could be the reason why things don't add up! Perhaps you've sensed that Top Earners in the Network Marketing Industry or Multi Level Marketing industry possess insights that elude you?
In this video series, I shed light on certain aspects that prominent leaders may not openly share. I delve into the realm of Business Development Agreements (BDAs), a HUGE, dirty industry secret that will anger many!
BDAs, or Business Development Agreements, are covert elements within the Network Marketing Industry that leaders are privy to. In this video, I unravel the secrecy behind BDAs, explaining what they entail, why they're not widely known, and the crucial question I pose to CEOs or Top Distributors before aligning with any company. Personally, I steer clear of companies engaged in BDAs.
It might seem like I'm revealing concealed aspects of the Network Marketing Industry with the intention of exposing it as corrupt, a scam, or a pyramid scheme but the contrary is true! I have a deep appreciation for the Network Marketing Industry. I believe it offers an unparalleled business model that levels the playing field, enabling individuals to start a business with minimal investment, achieve success, gain freedom, and generate residual income through hard work.
Unfortunately, like in any industry, there are unethical practices, companies, leaders, and individuals. My goal with this video series is to provide transparency and honesty, empowering you to navigate the world of Network Marketing more successfully and giving you the opportunity to make an informed decision.
Let's delve into BDAs (Business Development Agreements) Often, companies in the network marketing industry seek rapid growth, and BDAs play a role in achieving this. They may offer financial incentives to top earners, presenting a lucrative package on top of regular commissions. I share a personal story highlighting the downside of such BDAs. Additionally, there's another type called a Roundup or Top-off BDA, which I experienced several years ago. This involved a guaranteed monthly income, topping up commissions based on meeting specific volume requirements.
You might be wondering why you have never heard of BDAs before. Well, these agreements often come with clauses prohibiting disclosure. Companies may provide incentives but restrict recipients from sharing the details. Personally, I hold reservations about companies issuing BDAs, especially those involving financial incentives. I illustrate my concerns with a cautionary tale from a past experience.
Several years ago, a trusted mentor within a company I was part of announced his departure during a crucial meeting. He was joining a competitor and invited everyone on a call to follow him, providing a link for direct enrolment in the new company. The reason behind this abrupt move became apparent later – a BDA with a substantial financial incentive. This incident taught me a valuable lesson, and I now avoid companies offering BDAs with financial perks.
How can you find out if your company practices BDAs? Watch this video to find out! I share this approach to empower you as a business owner; protect your business at all costs.
In conclusion, my commitment is to support, educate, and empower you in your network marketing journey. If you're interested in learning more about the nuances and myths within the network marketing industry industry, check out my other videos.
Lastly, if you're exploring a side business and want to see how working with me and my team looks, visit the link: Partner.SuccessWithDebbie.com
