Thursday, August 14, 2008

Big Business Or Big Con Job?


LEADERS ARE EQUALLY TIRED OF CLIMBING THE EMPTY LADDER.

Ever wondered why people leaves a company? Especially Malaysian companies?

Wonder no more. The truth is, we leaders are just plain tired of moving one company to another and it has always been my own personal wish that the company I last joined would be the last.

But, when a Company does not honour what they promiseD, should we go on knowing what the end would be? It is simple basic common sense, when the management starts not honouring their words at our level, there is no way they are going to honour others of lesser standing as well.

If they deliberately default on small amounts due to us, what surety is that they are going to honour sums hundreds of times bigger later on?

It is sad. Really sad to learn the truth about these kind of leadership and companies. They talk about BIG businesses. About the moon and the stars, yet not practising pure basics and foundation of sound business principles.

So fellow friends, be careful about these companies with 'big dreams'. They are nothing but 'BIG CON JOBS'. I know what I am talking about. Just ask me in private.

It does not matter if the CEO or partners are professionals or highly qualified when they have everything except integrity. After all never forget, there are even Datuks now in prison.


Yours truly,

Muhamad Abdullah.
KL.

Friday, August 8, 2008

MLM CONSULTANTS: MALAYSIA


Al Ries

When the big boys have big money, the next most attractive move is to diversify. MLM is well known to be good cash cows.

With money, the big boys look for so called experts of MLM in Malaysia.

Pay them their consultancy fees and they will provide these clients of theirs the so called package. But their definition of a 'package' is to provide their clients with the marketing plans and 'leaders'. That easy tostart making money huh?

But having big money does not necessarily mean these seasoned business players know the right questions to ask their so called MLM Consultants. Simple questions such as:

WHAT DOES IT TAKE TO MAKE AN MLM COMPANY SUCCEED?

1. Is it big capital?
Tabung Haji, Felda and KUB were good enough examples that capital alone was not the answer. They quickly created their MLM Comapnies and quickly went out of business as well. The same also happened in Indonesia where big timers from China and Taiwan lost them all in millions.

2. Is it products?
There have been many companies with excellent products that went bunker as well. I wouldn't want to name these private companies unlike Felda or Tabung Haji.


3. Is it marketing plan?
One Company I was involved in, has one of the most innovative plans around. They collected millions, tried to go on partnership with a huge Indonesia Company and recently got in a naive investor which had already unwittingly seduced into investing more than a million ringgit.

This poor guy could be left high and dry within next 6 months if not sooner unless drastic measures are adopted fast like what Idris Jala did for MAS.
Idris Jala of MAS



4. 'X' Factor.
Everything in place, good management, vision, products less the 'X' Factor.

The truth is still very little chance of growing real and lasting big business.

Of course the blooming Management Consultant does not know that because he was never part of such organisation nor having the success track record of building networks from ground zero.

But that so called specialists still sell the perception that just by providing the big boys with suppliers (their own or friends products) and a marketing plan programme, that is the total complete package.

What also the big boys do no know how to ask the MLM Consultants was, "Can you show us a company you have the provided the package still around and doing well after 3 years?"

Of course they would not be able to give an answer simply because they have no track record what so ever.

And of course the big boys would be naturally be estactic with joy when the MLM Consultant says and bring them some 'Leaders' to help start the business.

What the Big Boys do not know is, why should they provide you with good leaders when they have a few other companies of their own in the MLM business?

Jack Trout

Jack Trout wrote a book called 'Big Brands Big Trouble' and his co author for years Al Ries wrote anothet book simply called 'Focus'.
Perhaps the Big Boys should read these kind of books first before jumping into the MLM companies bandwagon.

To trust or not to trust these so called MLM Consultants from Malaysia? A little check on their background could save these big boys big bucks.

Levis spent US 850 million to improve their business. But nothing changed.

Good luck Big Boys.

Yours truly,

Muhamad Abdullah.
KL.

Friday, August 1, 2008

MLM LEADERS = CORPORATE LEADERS ?


Jack Welch of GE

There are all kinds of assumptions about the secret formula of generating millions of dollars in business turnovers and profits.

But like any other open secrets for success, success is a science executed with finesse bordering on art. The maestro would no doubt made it appear almost magical. That explains why CEOs like Jack Welch are paid millions a year to spearhead the company's business to the promised land.

So what is it then?

Why DID SUCCESSFUL NETWORKERS fail AS CORPORATE MLM LEAEDRS?

Theoritically speaking, successful networkers should be successful MLM Corporate Managers or CEOs.

WERE THEY TRUE LEADERS?
We could overlook the fact that successful networkers are not necesarily successful REAL leaders. They could be successful due to timing such as bad economic times where people are desperately looking for opportunities to make some extra dollars and ready to take the plunge the moment something comes along.

It could be some products very revolutionary in delivering the results or outcome. It could be the marketing plan, something out of this world for that moment in time.

It could be so many things that catapults some one into financial stratosphere of wealth creation.

And so, the world assumes this great guy is a great leader.


THE TRUTH.

It could just be total hype. Someone making so much money within a few days in business, not knowing that great guy buys up everything just to show the 'huge income gotten within a few days in business' and later on used his income statement as testimonial. And of coz as the everybody flocks in,the bigger, the faster his income would be.

If these are the basis that makes a leader a leader, then he is going to fail in leading the corporate aspects of an MLM company.
For he just does not understand what it takes to build a proper network based on sound proper business practice.


ALL ABOUT PEOPLE AND THEIR LIFE, DREAMS AND ASPIRATIONS
At the end of the day, one cannot but fail to appreciate, building a successful business is all about leadership focussing on the human aspect of the business as networks are essentially people with emotions and feelings.

Marketing plan, products, technical support are all but just the vehicle required to make these masses of people grow their vision and perceptions on life.

In MLM, people's vision, dreams, apirations are basics of growing huge networks which generating business turnovers.

No smart company would ever overlook the human aspects of network marketing. Getting them in, and more importantly, making them stay to grow the business.

It is not purely the products, marketing plan or hype. It is always the total package.