MMM SWOT ANAYLSIS PRESENTED BY JOY JOHNSON

S

strength

• No central  account(money distribution is between participant)
• You can only get help from the community only when you have provided help
• Its legal and breaks no law
• It’s an international community that has activities in over 100 countries with millions of participant across the globe.
• Participant gets reward of 30% of their donations in 30days
• Members within a country can participate from wherever they are without any distance barrier.

W
weakness

• Dishonesty in some members by uploading fake POP
• No periodic refresher courses for members of the community where they are constantly reminded of the ideology and taught how to use the site effectively
• Lack of internet access due to the challenge of network connectivity in some part of the country
• Some members inability to make use of the internet
• Some guilders has become passive in their responsibilities and careless about their down liners. They are usually not reachable when there are sensitive issues to be resolved.

O
opportunities

• A community of mutual aids where participant help one another
• Has incentive bonuses for first timers, referral bonuses and guilder bonuses
• Equal opportunity given to members to be admitted to be trained in the mmm Guilder school 

T
threat

•Negative feedbacks from those who know nothing about the system
•Stiff opposition from the Federal government and other financial agencies due to fear of losing their client to the mmm community
•The media campaign against the system may result to panic that may cause members to withdraw their monies all at the same time which will lead to system collapse..
•Collapse of the site if not well maintained and upgraded
•Hackers
•Fear of new members taking risks to sign up and provide help due to past financial failures

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