Invaders

May 05, 2008, Seoul: I happened to see some shocking developments over the MLM business that we discussed in previous post. I expected this to end in this way one day.

Check the news from Dinamalar.

obviously , 30K is too much of an amount. I hope my friends who involved in this would have recovered at least something. The article says that same thing happened to MLM IRs in 2003, but they become active again in 2006-2008 time period.

Article says there are few lakhs of people involved. All of them are Doctors, Engineers and other highly educated. As we can expect out of such system, most of the involved people haven’t got any of their money back. Kudos to the IRs brainwashing capacity.

We got to learn some lessons regarding this incident.

1. Doing due diligence before involving in any activity. We all use Internet and it won’t take much time to give a search. Literally all aspects of life has been documented in Internet these days.

2. Getting professional advises. Even though costlier, it would pay off if we take some professional advise before going for investing huge amounts.

3. Informing friends and foes. Before doing any critical, non-personal activity, it is suggested to involve friends. Even if they cannot help you 100%, they might give you some directions. That’s why groups like Invaders do exist. That’s why we need to involve ourselves much better, in all aspects of life. That’s why good friends are always needed in life.

4. Involving family and relatives who might get affected because of our decision.

5. Trusting the smart/hard work and value addition as a way to gain wealth.

6. Understanding that our time worth more than the money.

7. Understanding our potential and capability.

Guys! I am sure you got to say something regarding this. Please comment

Thanks for reading and sorry for the involved.