Earlier quoted context omitted.
Any kind of sales where you are buying leads or paying for the right sell someone else's product. If it was as good as they say, they'd be doing it themselves not pitching it to you.
That's simply not true, even though these types of sales do harbor a lot of scams. 1 person has limited time. They can be doing it themselves and still sell you the rights to do it too. It would be pure coincidence if the market demand fit exactly into 1 persons ability to supply it. I say 1, but this is not limited to 1 person. Selling information is a valid transaction. It requires much less time, and the price is…
Is Everything an MLM? (2019)
91–100 of 116 posts
Re: Is Everything an MLM? (2019)
#92Low wage jobs have shitty wages and conditions, because "at least you're not living on the street". Professional jobs (and the academic institutions that support them) can demand insane requirements for their candidates, because "at least you're not flipping burgers."
This leads to young people flocking to different degrees in a desperate attempt for some level of security. There pushed by the promise that if they bust their ass with a degree, maybe they'll get a decent job that allows them to eventually retire.
Ultimately, this isn't a college problem, or an "MLM" problem. Conditions won't improve unless people have the ability to say no to unreasonable demands.
Re: Is Everything an MLM? (2019)
#93My wife is a pharmacist. Over the past two decades the number of pharmacy schools has increased and some schools have gotten bigger classes, such that now every year there are about 25% more Pharm.D's made than in 2005. The result has been a predictable decrease in pharmacist quality of life- the pay is basically the same number of dollars today that you would get in 2005 so inflation has made them poorer, the hours…
Re: Is Everything an MLM? (2019)
#94My wife is a pharmacist. Over the past two decades the number of pharmacy schools has increased and some schools have gotten bigger classes, such that now every year there are about 25% more Pharm.D's made than in 2005. The result has been a predictable decrease in pharmacist quality of life- the pay is basically the same number of dollars today that you would get in 2005 so inflation has made them poorer, the hours…
Software is eating the world, sure, but consider a parallel: the typist. In 2000 there were 282,000 employed typists in the US[1]. Today it has fallen to 23,000. A 90% decline over 20 years. Why? Everyone knows how to type now. Typing is an assumed skill in other jobs. Twenty two years ago I took a typing class in middle school on clacky old Selectrics[2]. While typing classes aren't taught in school today, I cannot…
Re: Is Everything an MLM? (2019)
#95Earlier quoted context omitted.
> See: Uber, Subway franchises, academia, Amazon truck drivers, or any of your classic MLMs These are weird comparisons. In some cases, the individual is the sales function, in some cases its the supply function, in other cases its a full blown SBU. I don't think you can bucket all of these into MLM, because, well, some of them have nothing to do with marketing (ya know, the M part of MLM).
Agreed. I don't know how one could classify any of those as "Multi Level" either. If it were MLM, your local neighborhood Subway would by trying to sell you a franchise (instead of a sandwich)
Re: Is Everything an MLM? (2019)
#96Earlier quoted context omitted.
Software is eating the world, sure, but consider a parallel: the typist. In 2000 there were 282,000 employed typists in the US[1]. Today it has fallen to 23,000. A 90% decline over 20 years. Why? Everyone knows how to type now. Typing is an assumed skill in other jobs. Twenty two years ago I took a typing class in middle school on clacky old Selectrics[2]. While typing classes aren't taught in school today, I cannot…
For a backend focused dev today what would you suggest to do to be future proof as they say?
1. hilariously this result was found when searching "advice for typists" https://www.typinglounge.com/finger-exercises
Re: Is Everything an MLM? (2019)
#97Earlier quoted context omitted.
Software is eating the world, sure, but consider a parallel: the typist. In 2000 there were 282,000 employed typists in the US[1]. Today it has fallen to 23,000. A 90% decline over 20 years. Why? Everyone knows how to type now. Typing is an assumed skill in other jobs. Twenty two years ago I took a typing class in middle school on clacky old Selectrics[2]. While typing classes aren't taught in school today, I cannot…
For a backend focused dev today what would you suggest to do to be future proof as they say?
Re: Is Everything an MLM? (2019)
#98Earlier quoted context omitted.
> it was as good as they say, they'd be doing it themselves not pitching it to you Counterfactual: franchises.
Franchises offload the risk on the franchisee and collect their percentage fee regardless of the performance. There was a segment on John Oliver's program about Subway being particularly predatory about this, as well as deliberately maintaining information asymmetry to mislead franchisees. In which sense do you think franchises are counterfactual here?
Re: Is Everything an MLM? (2019)
#99Earlier quoted context omitted.
Franchises offload the risk on the franchisee and collect their percentage fee regardless of the performance. There was a segment on John Oliver's program about Subway being particularly predatory about this, as well as deliberately maintaining information asymmetry to mislead franchisees. In which sense do you think franchises are counterfactual here?
John Oliver is a comedian. Referring to him as a source isn't something that gives merit to an argument.
If your research into the Subway franchise indicates otherwise, I'm all eager to hear the counterfactuals.
Re: Is Everything an MLM? (2019)
#100There's definitely a trend where large corporations/institutions push risk and liability down onto individuals, who have a hard time quantifying it properly. They make promises about "independence" and "entrepreneurship" and "building wealth", but they're really just taking advantage of an information asymmetry, tricking uninformed individuals into accepting a deal that is much worse than they think. See: Uber, Subwa…
> See: Uber, Subway franchises, academia, Amazon truck drivers, or any of your classic MLMs These are weird comparisons. In some cases, the individual is the sales function, in some cases its the supply function, in other cases its a full blown SBU. I don't think you can bucket all of these into MLM, because, well, some of them have nothing to do with marketing (ya know, the M part of MLM).
Maybe we need a new term for these types of businesses. "Contract Predators" sounds about right. Maybe "Risk Pushers."