
Originally Posted by
lorenzoleo
Positive :
1.) Low Capital
2.) Less cost in expanding your outlets
3.) Cost cutting in marketing/ No advertisements needed, word of mouth will do the advertising
4.) Able to leverage time and effort
5.) Anyone can start this business even with minimum capital only. Tradtional business needs big capital(Only people with big capital has the chance to build their own business, how about the rest?)
Negative :
1.) Binary system won't last long term (Guaranteed).
2.) Some MLM needs you to recruit a lot of people to make good money.
3.) Some MLM don't train their new recruits, they recruit to recruit or recruit to sell only.
4.) Most people directly conclude that MLM is a pyramid scheme.(There is already a study about Network Marketing at Asian Institute of Management). These will be the new business of the 21st century because of less overhead, cost-cuts, outsourcing type and distribution model. But avoid MLM plans that earn from recruiting people that has a form of a binary channel, won't last long term.