Personal Development for Smart People Forums - View Single Post - Here Is Why MLM Is Just About The Worst Choice For Business You Can Make

Dani · 02-13-2007, 05:35 AM

50% of companies fail in their first year too.
50% of the remainder fail in the second
50% in the third..

And so it does on. These people often lose tens or even hundreds of thousands of dollars, an MLMer in a genuine company would typicaly only lose 2-5 thousand if they were REALLY high spending and did nothing to earn anything back.

Where are the people screaming scam about starting your own business?

The benefit of MLM is also its down side, the low get in cost means people often lack the incentive to give it a good shot like they would if they put in 50k.

It also means any loser can get in, scam a few people with an otherwise legit business and run for it.

Those of you who have a multi tier affiliate program going on your web site are MLM ing under a different name.

For me, MLM participation has been more about self development and meeting entrepreurial people. I made a bit of money, probably spent more though, but I consider it the best investment of my life.

My non MLMer friends used to laugh at me when I talked about going into business. My MLMer friends not only encourage and support me, lots of them have invested with me in different ventures.

My non MLMer friends just winge and complain about how hard done by they are. My MLMer friends talk about how good life is and how they can make it even better.

I know without a doubt which group I prefer to hang out with.

(on a side note MLMs do tend to attract an above average number of crazies)

Kiyosaki was spot on about the corporate comparison. The biggest difference is that anyone can become a CEO quickly in an MLM if they work at it, regardless of race, age, colour, religion anything. It can be a LOT harder, if not impossible to do it in a normal company for some of those people.

02-13-2007, 05:35 AM	#10 (permalink)
Dani Senior Member Join Date: Dec 2006 Posts: 305	50% of companies fail in their first year too. 50% of the remainder fail in the second 50% in the third.. And so it does on. These people often lose tens or even hundreds of thousands of dollars, an MLMer in a genuine company would typicaly only lose 2-5 thousand if they were REALLY high spending and did nothing to earn anything back. Where are the people screaming scam about starting your own business? The benefit of MLM is also its down side, the low get in cost means people often lack the incentive to give it a good shot like they would if they put in 50k. It also means any loser can get in, scam a few people with an otherwise legit business and run for it. Those of you who have a multi tier affiliate program going on your web site are MLM ing under a different name. For me, MLM participation has been more about self development and meeting entrepreurial people. I made a bit of money, probably spent more though, but I consider it the best investment of my life. My non MLMer friends used to laugh at me when I talked about going into business. My MLMer friends not only encourage and support me, lots of them have invested with me in different ventures. My non MLMer friends just winge and complain about how hard done by they are. My MLMer friends talk about how good life is and how they can make it even better. I know without a doubt which group I prefer to hang out with. (on a side note MLMs do tend to attract an above average number of crazies) Kiyosaki was spot on about the corporate comparison. The biggest difference is that anyone can become a CEO quickly in an MLM if they work at it, regardless of race, age, colour, religion anything. It can be a LOT harder, if not impossible to do it in a normal company for some of those people.