Why The Trump Network Failed for Stay at Home MomsEl porqué el Network Trump les ha fallado a las madres de hogar

By: Dennis Yu

This is a guest post by Dennis Yu.

 

 

Donald Trump sold his name to an MLM company.  With a name like Donald Trump, you’d imagine it would be selling real estate investment guides, right?  Nope.  They’re peddling three products– a nutritional supplement called Custom Essentials, a weight loss product called Silhouette Solution, and an energy stimulant called QuikStik.  Donald Trump has about as much credibility selling dieting pills as Michael Jordan has selling underwear or William Shatner selling discount airline tickets. 

  

Today I got a call from a stay-at-home mom who wanted to tell me about a new opportunity to drastically change my life, have the freedom I’ve always wanted….. blah, blah, blah– you know how the infomercial goes.  By the way, the easiest way to spot an MLM pitch is that they talk about what it feels like getting rich, but somehow refuse to discuss the product itself.  Sure enough, this girl is pitching the Trump Network to make money online.  And she knows she’s pitching it to someone who already is a professional internet marketer and runs a company that does online advertising.  She’s a smart lady, but her willingness to believe in shortcuts causes her to abandon reason.  So here were a few things I pointed out about the Trump Network opportunity: 

  

Have you tried the product?  Have you lost weight or felt a magical burst of energy– or is this really your blind greed speaking? 

  

Do you even know what the product looks like?  Maybe even read the label– or are you just jumping in because Donald Trump’s name is on it?  Your credibility will be a lot higher if you’re well-informed about what the product does, the ingredients, clinic tests, your own personal experience, etc…  Don’t press me with breathless talk about instant wealth. 

  

Do you have an advantage? There are a lot of agents selling this on-line and they’ve even created Facebook pages to promote it– the main one has over 9,000 fans on it.  What skill do you have that will allow you to beat all those other people marketing online?  Do you have prowess in ranking on Google, building landing pages that convert, buying advertising from Facebook, or some other talent? 

  

Are you willing to put in the time? If you dilly dally among this and 5 other activities, you’re frittering away your precious time in categories that are ULTRA competitive.  You can take any one niche and you’ll find that the people who dominate in that particular niche have spent years focusing on that niche– going at it 24×7.  You coming in with a couple hours per week and no special skill or experience– you’re going to get eaten alive. 

  

Am I saying not to try or being overly pessimistic?  Nah, just showing the reality of how you are competing against all the other pros that are selling weight loss products, too.  And it’s not just the Trump Network, even though their pills, creams, and flavored nonsense is just like all the other products in this category that cost pennies to make but can be sold for $100 when a broke celebrity is willing to put their name on it.  Now before the rabid MLM crusaders come to the rescue, let me mention some positive things: 

  

Some people actually do make money here: I know someone who did $100,000 a day in sales, primarily using Facebook.  And another colleague did over $30 million selling these items primarily via high volume email.  What’s the secret?  They were the ones who owned the program and got the countless masses to sell on their behalf.  As sophisticated companies, they had the resources to invest in engineering, marketing, product fulfillment, and of course, legal– because they knew they would get sued. 

  

Sell what you actually use and believe in: That’s the most convincing sale– you are then speaking from conviction and experience. Odds are it’s not some magic diet pill, but perhaps you have the before and after pics of yourself to prove it– but I doubt it.  The products you actually love are likely to be in another category– one that’s much less competitive.  For example, belly rings or books on how to make paper airplanes.  Yes, there are niches for stuff like that and you can still make a decent income there with a LOT less competition. 

  

You can do it without a lot of money– Stop buying self-help books or investing in elaborate “get rich quick” seminars.  Those people who run those seminars are laughing all the way to the bank when you buy their stuff.  The irony of it.  And they will continue to launch product after product, since few actually get rich quick by using such systems.  If anyone reading this article actually did get rich buying someone else’s get rich quick scheme, please respond here.  Didn’t think so. 

  

You can do it without a lot of effort– Not exactly true.  But if you choose the right niche, one that you are deeply knowledgeable about, then you already have years of advantage over someone who is coming in with only their greed to guide them.  If you are a professional hairstylist or work on a Hollywood set doing the make-up for celebrities, you’ll likely have a better shot than some house mom who watched a late night infomercial on TV. 

  

The reason I mentioned the Trump Network, as opposed to any other MLM scheme, is that it’s one guy who was wealthy at some point, but then went broke and had to sell his name for a TV show, real estate investment scheme, and now the weight loss scams.  Hopefully, you’ll overcome a blind eagerness to get rich quick and discover that getting rich slowly isn’t a bad option when you consider the actual product and what advantage you have in the marketplace with skill, knowledge, and connections.

Este es un artículo de escritor invitado Dennis Yu.

 

 

Donald Trump vendió su nombre a una compañía de MLM.  Con un nombre como Donald Trump, te imaginas que estaría vendiendo inversiones en bienes raíces, ¿cierto?  Pero no.  Ellos están vendiendo tres productos – un suplemento nutricional llamado Custom Essentials, un producto para perder peso llamado Silhouette Solution, y un estimulante energético llamado QuickStick.  Donald Trump tiene tanta credibilidad vendiendo píldoras dietéticas como Michael Jordan la tiene vendiendo calzoncillos o William Shatner vendiendo boletos de avión con descuentos.

 

Hoy recibí una llamada de una madre de hogar quien quería contarme acerca de una nueva oportunidad que cambiaría mi vida drásticamente, con la que podría tener toda la libertad que siempre había querido…. bla, bla, bla – ya sabes cómo va el comercial.  Por cierto, la manera más fácil de identificar  la canción de MLM es que ellos siempre te hablan de  lo que se siente ser rico, pero de una u otra manera reúsan discutir el producto mismo.  Y seguro, esta muchacha estaba dándome el rollo de cómo hacer dinero en el Internet con los productos de Network Trump.  Y ella sabía que le estaba dando el rollo a alguien quien es un profesional en marquetería por Internet y quien es el dueño de una compañía que hace precisamente publicidad en el Internet.  Ella es una mujer inteligente, pero su deseo de creer en atajos le ha causado el abandonar razón.  Así que aquí tienen unas cuantas cosas que yo le señalé con respecto a la oportunidad con el Network Trump:

 

¿Has probado el producto?  ¿Has perdido peso o sentido una mágica explosión de energía – o esta es tu ciega codicia hablando por ti?

 

¿Siquiera sabes cómo es el producto?  ¿Tal vez has leído la etiqueta – o estás enrolándote simplemente porque el nombre de Donald Trump está incluido?  Tu credibilidad durará más si estás bien informado sobre lo que tu producto hace, los ingredientes, las pruebas químicas, tu propia experiencia personal, etc…  No me presiones con la charla sin parar sobre riquezas instantáneas.

 

¿Tienes una ventaja?  Hay varios agentes vendiendo este producto en el Internet y han creado páginas en Facebook para promoverlo – la página principal tiene más de 9,000 fanes.  ¿Qué habilidad tienes que te permitirá sobrepasar a todas esas personas haciéndole publicidad en el Internet?  ¿Tienes habilidades con Google, construyendo páginas de entrada que convierten, construyendo comerciales en Facebook, o algún otro talento?

 

¿Estás dispuesto a ponerle el tiempo necesario?  Si tú picoteas entre esta y otras 5 actividades, estás malgastando tu precioso tiempo en categorías que son ULTRA competitivas.  Tú puedes tomar otro nicho y vas a encontrar que las personas que dominan ese otro nicho en particular han pasado años enfocándose en ello – yendo a 24×7.  Tú al entrar con solo un par de horas a la semana y sin ninguna habilidad especial o experiencia vas a ser comido vivo.

 

¿Estoy diciendo que no lo intentes o estoy siendo extremadamente pesimista?  No, simplemente te estoy mostrando la realidad de cómo estás compitiendo contra todos estos expertos que también están vendiendo productos para perder peso.  Y no es solo el Network Trump, aunque sus píldoras, cremas y tonterías de sabores es igual a cualquier otro producto en esta categoría que cuesta centavos el producir pero que puede ser vendido a $100 cuando una celebridad en quiebra está dispuesta a ponerle su nombre.  Ahora antes de que los caballeros rábidos de MLM vengan al rescate, déjame mencionar unos puntos positivos:

 

Algunas personas verdaderamente hacen mucho dinero con esto: Yo conozco a una persona que ganaba $100,000 al día en ventas, principalmente usando Facebook.  Y otro colega que hizo más de $30 millones vendiendo este tipo de productos principalmente vía e-mails en grandes cantidades.  ¿Cuál es el secreto?  Ellos son los dueños del programa y quienes tuvieron las innumerables masas vendiendo sus productos.  Al ser compañías sofisticadas, ellos tuvieron los recursos para invertir en ingeniería, marquetería, realización del producto, y por supuesto, legalización – porque ellos sabían que iban a ser demandados.

 

Vende el producto que tú verdaderamente uses y en el que verdaderamente creas: Esta es la venta más convincente – tú entonces estarás hablando por convicción y experiencia personal.  La posibilidad es que no se trate de una píldora dietética mágica, pero tal vez tú tengas fotografías tuyas de antes y después de haber usado el producto como prueba – pero lo dudo.  Los productos que a ti verdaderamente te gustan están seguramente en otra categoría – una que es mucho menos competitiva.  Por ejemplo, añillos para el estómago, libros en cómo hacer aviones de papel.  Sí, hay nichos para este tipo de productos y aún puedes conseguir un ingreso razonable aquí con MUCHO menos competencia.

 

Tú puedes hacerlo sin mucho dinero – Deja de comprarte libros de auto ayuda o de invertir en seminarios para “hacerte rico pronto.”  Las personas que organizan esos seminarios se van riendo camino al banco a depositar el dinero después de que tú compras su producto.  La ironía.  Y ellos continúan lanzando producto tras producto, ya que muy pocas personas se vuelven ricas utilizando sus sistemas.  Si alguien leyendo este artículo verdaderamente se ha vuelto rico utilizando la estafa de volverse rico pronto de alguien más, por favor respondan aquí.  No lo creo.

 

Lo puedes hacer sin mucho esfuerzo – No es exactamente cierto.  Pero si escoges el nicho correcto, uno del que sabes demasiado, entonces ya tendrás años de ventaja sobre alguien que le está entrando con simplemente su avaricia como guía.  Si tu eres un estilista profesional o trabajas en un set de Hollywood maquillando celebridades, tú ciertamente tendrías una mejor oportunidad vendiendo productos de belleza que una madre de hogar que simplemente vio el comercial una noche por televisión.

 

La razón por la que mencioné el Network Trump, en lugar de cualquier otra estafa de MLM, es porque este era un tío que en algún tiempo fue muy rico, pero luego se fue en bancarrota y tuvo que vender su nombre a un programa de televisión, la estafa de la venta de bienes raíces, y ahora la estafa de la pérdida de peso.  Yo espero que tú sobrepases el ciego afán de enriquecerte y descubras que el hacerte rico de manera lenta no es una mala opción cuando consideras el producto y la ventaja que tienes en el mercado con habilidades, conocimiento y conexiones.

10 Responses to “Why The Trump Network Failed for Stay at Home MomsEl porqué el Network Trump les ha fallado a las madres de hogar
  1. PJ Mullen May 18, 2010 at 3:43 pm #

    Trump is a joke. He has devalued his brand with every sham product he has affixed his name to. It’s shameless and sad. You can admire the business savvy of getting your name out there to the extent he has, but you have to wonder where the line is drawn as to what products he is willing to endorse simply for a royalty check. Whether it is the Trump Network, Trump University or any other ridiculous scheme he’s got going, I’m not buying.
    .-= PJ Mullen´s last blog ..Cause I’m just a ray of frikin’ sunshine =-.

    • Keith May 19, 2010 at 10:15 am #

      PJ: Completely right. I know several people who could have managed his fortune better than he has (heck, I think even I could have). The man has lost his fortune for as many times as he’s rebuilt it. I wonder how he would have done if he was like the rest of us — no dad to give us a billion dollars.

  2. Edathomedad May 19, 2010 at 10:08 am #

    I have a lot more respect for people that have success by means of talent, perseverance, and integrity. I think PJ summed up Trump perfectly.

    • Keith May 19, 2010 at 10:17 am #

      Ed: I used to respect Trump. I though, Well, he didn’t really make all that money himself, but at least he’s doing something businessy with it. Now, he’s just turned into another scam artists trying to build back his fortune on the backs of gullible people.

  3. Doo Dilly May 19, 2010 at 10:13 am #

    Another great article, Dennis!
    “What happens when you combine one of the world’s most ridiculed business personalities with one of the world’s most ridiculed business models?”
    http://www.walletpop.com/blog/2009/11/23/donald-trump-enters-the-world-of-multi-level-marketing/
    “Well, now, MLM finally does have a proper front man. Donald Trump is the most visible promoter of MLM, the Pied Piper. Before launching his MLM, Trump served as chief spokesman ACN. ACN claims to sell phones and phone service. It also sells a “business opportunity” for $500 based on recruiting other salespeople who recruit others in an “endless chain.” ACN was prosecuted in Canada and Australia for running a pyramid scheme. It escaped being shut down by those governments due to rulings by judges.
    Now, the MLM world is electrified by Trump’s launching of his own MLM company. The MLM blogosphere pulses with pride. They point to Trump as proof of their system’s legitimacy. If Donald Trump says its legit, surely it must be! Right?
    Sadly for the believers, no. In fact, Trump’s involvement is only more obvious evidence — if consumer loss rates of 99% need any more — of just how bogus recruitment-MLMs are as a “business model.” To those not caught up in MLM’s delusions and entrapments, Trump’s association with MLM is a red flag of flim-flam. A guy known for extravagant consumption, an overbearing braggart, a figment of PR spin, a regular on the covers of celebrity scandal magazines, a promoter of professional wrestling, a bankrupt executive in the gambling industry, a schemer notorious for skipping out on debts, a man famous for win-lose “deals.” This is the spokesman for a business based on person-to-person selling to friends and relatives? ”
    http://www.falseprofits.com/files/438e29e0a6fb54286b76f7b7e06457fb-16.html
    “Those who tell the truth about multi-level marketing (MLM) — that it is a pseudo-business, a mere camouflage for a classic pyramid scheme — face a wall of myths, deceptions and delusions. Charting the pyramid model and its flawed structure and characteristics, documenting the 99% failure rates, reporting the testimony of insiders in lawsuits and books who offer first hand accounts of the calculated lies about “income opportunity” – none of this breaks down that wall of deception. The media continues to buy MLM’s masquerade as a “fallback for consumers during the Recession.”
    But then along comes a MLM spokesman, a hero of the business, who reveals the sham better than any analysis ever could. Enter Donald Trump. Bankrupt, scheming, abandoning those who loaned him money, ruining those who invested in his stock, while he smiles, postures for cameras, and pretends to be a financial expert and offers yet another bogus scheme for investors. This is the perfect caricature of the MLM industry.”
    http://www.falseprofits.com/files/00082264d02c95dd2eedf6cefd13b009-19.html

    • Keith May 19, 2010 at 10:23 am #

      Doo Dilly: Thank you so much for chiming in on this one. Your research is always well appreciated around here. By the way, I finally read the link you sent me in the homeschooling article about faith and science. I don’t know how you found that article, but it’s excellent. Thank you!

      I really didn’t know any of this about Trump before I got this article from Dennis. He even had me somewhat duped into believing he was trustworthy. I didn’t know he was another MLM guy. I’m skeptical by nature so I would never fall for an MLM, but think of all the people who blindly trust a name and fall for this hoo ha. They become kool-aid drinking nuts in no time, following their dear leader as he ruins them for his own gain.

  4. Dave Pike May 17, 2011 at 1:40 pm #

    Hey Dennis…I’m surprised I haven’t heard much recently about TTN. Is anything happening lately? Up until recently The Donald’s focus was on running for Prez. I signed up with TTN in summer of 2009 when there was lots of buzz, but it seemed to fizzle. I’m starting to have good results with a supplement called Protandim. Seems to be a legitimate breakthrough & what a video they have. I’m curious…..Is there much growth with TTN? Anything new coming? Conventions? davepike@windstream.net

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