18 June 2010

For your thought...

The Path of Multi-Level Marketing

The Path of Academia

At the bottom of pyramid

New clueless member

New clueless PhD student

Why people join?

Promising great future: financial freedom

Promising great future: good future salary, nobel prize maybe…

Price that you pay

High entry cost, with annual payment

Your youth

General morale

Low (that’s why they always have motivational speech)

Low (that’s why they make seminars compulsory)

At the top of pyramid

Asst. Manager, Manager, Senior Manager (or some fancy designation, depending on the company)

Asst. Prof., Assoc. Prof., Prof.

Product

Mostly junk, with few exception

Mostly junk, with few exception

If you want to quit

Your upline will talk to you and motivate you until you feel it’s not a good idea to quit

Your supervisor will talk to you and motivate you until you feel it’s not a good idea to quit

Group meetings

Regular, almost every other day, also depends on your upline

Regular, depends on your supervisor, but usually once a week

Working hours

“Flexible”

“Flexible”

Social impact

Likely to lose most of your friends along the way, coz you talk nonsense to most people.

Likely to lose most of your friends along the way, coz you talk nonsense to most people.

Compensation

Dismal for most of the people, except for small number of people who take most of the pile

Dismal for most of the people (i.e. PhD student, postdoc, etc), except for small number of academe

After thought

After awhile, you will think why you join in the first place.

After awhile, you will think why you join in the first place.

Market penetration

Usually about 1-4% of the market

Usually 1-4% of graduating batch

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