Importance of Investment:
The importance of investing cannot be over-elaborated. Money is a fluid thing. Something worth one rupee one day could cost considerably more the next day. This is because history shows us that things always cost more over time. When you view this active, over years and decades, it becomes obvious that doing nothing with your money will cause it to lose its buying power. It is therefore imperative to invest to make your money grow rather than shrivel. All of us today are familiar with the fact that investment is very important in life. Besides following a normal work and life schedule, investing in different mediums to gain a little extra income is a common practice.
Investing can be as simple as putting some money in a bank savings account or interest bearing checking account. They pay a small amount of interest, so grow over time. Unfortunately, this is usually such a small amount that it doesn’t keep ahead with the rate of price increases. It varies over time but historically averages about 3% per year. It is therefore important to put a share of your money in more dynamic investments that harvest a yield that knocks price increases. One industry that is booming when it comes to investment is the MLM industry. People in today’s date are flocking towards this industry as there are sufficient monetary returns besides one can use the returns as a sole or an add-on income.
Multi-Level Marketing and its function:
Multi-level marketing, or MLM, is a system for selling goods or services through a wide network of distributors, each of whom is responsible and compensated for recruiting new members to the multi-level marketing system. Most multi-level (MLM) marketing programs grow through recruitment. Each person recruited becomes part of the “downlink” for the person who recruited them. In most MLM marketing arrangements people make money off of the sales efforts of their downlink.
While multi-level marketing programs have been successful for years, including some of the most noteworthy companies there are many MLM companies which turned out as disasters than feats and the MLM industry is, unfortunately, predominant with scams. One of the most talked about MLM company in recent times is the QuestNet Ltd. QuestNet is a lifestyle and wellness company with its headquarter based in Hong Kong and has been in existence since 1998. Even after surviving 13 crucial years of its successful business operations and expansion in over 22 countries, one may find a lot of reports online stating QuestNet Scam.
Multi-level marketing scams include “pyramid schemes” in which the investor is promised huge returns for a single investment, through the investments of all the downlink people. Pyramid schemes are illegal because there are no products or services involved that have any value, the goal is merely recruiting others to pay investment fees for services or products that are never promoted or provided, much like a chain letter.
QuestNet – Recognitions and accolades:
QuestNet, through innovative and exclusive products that provoke high brand loyalty and satisfaction, combined with local, on-ground support and services, QuestNet has established itself as a global direct selling company with a proud Asian heritage. By offering a proven business opportunity to promote the company’s products, QuestNet also represents a promising and rewarding profession for entrepreneurs to work for themselves, earning additional or sole income. QuestNet is driven by the mission of ‘Raise Yourself to Help Mankind’ (RYTHM). This philosophy is embodied in many widespread educational, environmental, cultural, and disaster relief philanthropic initiatives, which are enabled by QuestNet’s Corporate Social Responsibility arm, the RYTHM Foundation.
QuestNet has spent more than a decade developing a strong global reach, with millions of satisfied retail customers and independent distributors around the world. The company is the main subsidiary of international conglomerate, the QI Group. The Group has varied business interests, including direct selling and e-commerce, lifestyle and leisure, investments and property management, training and conference management, telecommunications, and luxury and collectibles. Boosting a diversified opportunity to people, QuestNet is hands down one of the best direct selling companies around in today’s date. Reports regarding QuestNet scam are unfounded as QuestNet is a recognized member of Direct Selling Association Singapore (DSAS), Direct Selling Association Malaysia (DSAM), Malaysian Direct Distributor Association (MDDA), Business Ethics Institute of Malaysia (BEIM), Contact Centre World Platinum Member (NSG 24/7 Multilingual Contact Centre) and Customer Relationship Management & Contact Centre Association (Malaysia) (NSG 24/7 Multilingual Contact Centre). No Scam firm would boost such an outstanding portfolio of recognitions.