Last week, my sister Anna Grace invited me to a seminar about a new business venture. My initial reaction was “Networking na naman yan noh”. I have a bad perception about networking since there were many cases of fraud & scams involving this business. What I also hate about networking is that they ask for a large amount of money as an investment.
But since she is my sister, of course I’d say yes & besides, no one can force me to join anything unless I think it’s worth my time and money. 
The presentation was a bit more informal than I expected. I believe they have good reasons for that. Anyhow, what interest me about this business is that the capital is very inexpensive (a one-time fee of 3,988 pesos) plus it’s kind of a money back guarantee (in my opinion).
The company is called Vmobile Technologies and is a subsidiary of Penta Capital Group of Companies. They now run LoadXtreme.ph.
Like what I’ve said, I don’t usually join this kind of thing but in my opinion, I believe that this is going to be a good investment for me. What’s 3,988 anyway? People spend more than this amount buying branded shoes, designer clothes, latest cell phones and other expensive stuffs. So why not just invest it?
I understand that it’s inevitable to have doubts before engaging in this kind of business. I did too. Have you guys experienced something unpleasant or rather victorious related to Networking? I’d really appreciate your thoughts.
I'm a freelance Search Engine Specialist with almost 2 years experience in this arena. I'm also in the medical field but preferred to do freelancing to gain more independence, flexibility in working hours and to have more time for my loved ones. I have proven results in ranking keywords with corresponding (deep link)landing pages on the TOP 3 pages of Google Results.
Hi,
Network Marketing is a highly misunderstood business model. It is also highly abused by unscrupulous businessmen. It is however, a legitimate business as proved by companies like Avon, Personal Collection, Herbalife, Amway, and many others.
You just have to be careful when joining one. You have to use a lot of common sense. Tip: choose the right company, choose the right guy who recruits you, and choose the right products.
My new website will be discussing a lot of good and bad things about Network Marketing.
Best,
Carlos V.
Well Carlos, I totally agree with you. I was a former member of Avon, Saralee and Herbalife. I just didn’t realize that they’re Networking in nature.
Yeah, we just have to be careful in the process of choosing the right company. It would be less risky if the investment needed is inexpensive. BTW, I visited your site and it has amazing content. Do you think we could exchange links?
Micah
Hehe.. So they finally got you..
With this kind of business, the person who got the most recruit usually wins the most money.
For the network business to continue thriving the recruitment process should not stop. If that happens the network system starts to crumble.
And before you know it, there goes your uplines scrambling on their way to find another newly created networking company who can give them the edge of being the first on the top of the binary system.
Networking business is good for folks who got many contacts and acquaintances left and right. It’s a game that one should know how to play with.
For a beginner it’s going to be an uphill climb.
The company however still wins since they may have already established their business and can continue on the traditional way. In essence, the network system was just utilized or used in way for them to promote and establish a new brick and mortar business. (hmm, maybe only in the Philippines)
Just my IDEAS though :-).
Well, looks like it… they really got me…
But there’s really something interesting about this business which I’ll explain in my next posts. It’s not really the networking part I’m interested in but the fact that I can generate money while I sleep. How will that happen, you ask? I’ll elaborate on this on my future posts and I plan to promote it seriously. I really don’t see anything wrong about the business so I’m kinda taking the risk of endorsing it to my friends and colleagues. 
I appreciate your ideas. Thanks…
@Micah: I’ll send you an email within the week. Actually, you visited my other blog for a link exchange and thanks for putting my link there. I have other things in mind regarding links.
@Bizphere: I think you should read my website.
If your success as a distributor depends on that kind of setup, you are in the wrong MLM company. That is exactly the kind of MLM to avoid.