Posts by Bonk

2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group]

• 2023 0203 – Always Marco – He Flopped On Our Debate So I’m Doing THIS Instead – [re: Mckensy Long – WFG – World Financial Group]  —  [BonkNote]  —  [VIDEO-YouTube-02:25:29] 

• 2017 – CAI – Consumer Awareness Institute – Multi-Level Marketing Unmasked – Why Multilevel Marketing Is Unfair and Deceptive, By Jon M. Taylor, MBA, Ph.D. – 476p
• 2019 1203 – UC Berkeley – Selling Insurance to People Selling Insurance, a Pyramid Scheme Story – [link]
• 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
•  – WFG – Systems Manual

• 20 – Generally defaults to MLMers have been brainwashed, but…
  • “It is difficult to get a man to understand something, when his salary depends on his not understanding it.”
    ― Upton Sinclair,
• 21 – Mckensy Long – 3 part series on his website
• 24 – Mckensy Contract re: Debate
• 27 – not in the mlm biz, in the insurance biz
• 33 – MLM vs Insurance Industry
• Mckensy – State Farm, total confusion about the industry, not just mlm
• 35 – Insurance Company Failure Rate
  • [Bonk: Failure rate – Company vs Agent]
• 38 – Rapist Comparison
• 39 – Not in a MLM – Hartej (WFG), Nathan (ACN)
• Mckensy VIDEO – 5 Red Flags – 
• 41 – PHP – PBD sold 
• 44 – Mckensy  – Instagram video – Gaslighting – Why did you look at me when I said that. 
• 46 – Professional Insurance people –  don’t do these things- Preparing / Educating Marco – Term, IUL, Typical Practices of the industry, compensation, 
• Not a real office, Mckensy, Hartej
• Anyone can get an insurance license
• 53 – Forex Trading vs Forex MLM
• 54 – 
• 56 – MK well spoken, 
• 57 – Insurance regulated business, Bernie Madoff, Harry Markopolos, Elizabeth Holmes (Theranos), SBF – Sam Bankman Fried – FTX, Legitimate people endorsing them.
• 59 – Insurance MLMs look more legitimate – need to be licensed – wear suits
• 1:05:05 – Recruting – Cannibalism – The More the Merrier – McDonalds – High Demand, Low Demand – Monat – No Advertising – Would rather give money back to distributors – If your product is so good, sell it in Walmart, Amazon, Target
• 01:07:00 – MLMs don’t track sales
  • [Bonk: 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
• 01:08:00 – If you could only track one metric – if would be sales.  So if you don’t know your own sales, how could you stay in business for so long? Herbalife, etc.
  • AM – 2023 0202 – Matthew Cox | Inside True Crime – Exposing Legal Scams | MLM Pyramid Schemes – [Always Marco] – [VIDEO-YouTube-02:06:22]
  • So, there must be another way to make money. I leave it to you.
• 01:10:00 – ML – McDonalds – 
• 1:13:00 – Marcos information re: Commission from actual Life Insurance Agents, reason for 100% – Because the company makes money on the future years. [Bonk: Add – Surender Charges]

• 1-18 – “wfg” “systems manual” – Rank Up – First 3 sales go to 3 recruits, Pressured to buy policy – [Bonk: ] 
• 1-21 – not sold in Walmart – only alive because of internal consumption, 
• @Rubester-cl6op – In the case of insurance id think the traditional insurance jobs have required training for a good reason and have people that know what they are doing! Which is pretty damn important if someone has to fight a lawsuit or something!
• 1-22 – McDonalds
• 1-23 – Elon Musk – 
• 1-24 – Unlimited Recruiting, Endless Chain – 
• 1-25 – Agent Knowledge –
  • [Bonk: National Underwriter – FFL – 5%, old quote]
• 1-26 – Compensation Plan, CEO Marketing Director
• 1-27 – Language – Base Shop Points
• 1-30 – AutoShip – Insurance
• pay to play
• 1-34 – insurance is legitimate because you have to a get a license
• 1-39 – Taprooting
• 1-46 – We have to alert the people who can actually do something
• 1-50 – ΝΠΑζ – ​​big question, who’s worse, him or izzo? Izzo v Mckensy – 
• 1-56 – Amway – Scamway – 
• 1-57 – Products cost more – Suggested Retail products
  • [Bonk: Primerica – Term]
  • [Bonk: Connect: 2021 – Book – Direct Selling: A Global and Social Business Model, DSEF, Direct Selling Education Foundation
  • AM – Riddle – 40% of pie