Quote:
Originally Posted by DmitryDavydov  |
Investigations over the years by various state attorneys general reveal that the few who do make money in MLM do so by being at the top of the pyramid and selling motivational tapes, books, and seminars to their downlegs. These people rarely bother trying to retail the MLM's actual products.
In a traditional business, if you have one pissed off customer in a hundred it's something to be dealt with immediately so that you can have 100% customer satisfaction. With MLM's it's a given that 99% of your retail customers and downlegs will become dissatisfied within 60 days.
So why bother with an "opportunity" that has such crappy odds of success?
I have been watching people sign up with MLMs or "networking marketing companies" since the late 1970s and have never known anyone who didn't end up losing money as a result.
There are so many good business opportunities to go after, that I can't understand why anyone interested in additional income or self-employment would join an MLM.