MLM's DON'T WORK .. Long Term!
By Donna Stewart
I have had so many people come to me asking me if MLM's work.
My short answer. No, definitely not long term.
Now, hear me out. I'm not saying Home Businesses don't work. I'm saying any business that has an MLM business model will not work long term.
Question: Is there an MLM company that started in the USA in the past 30 years, that grew to 300 million in annual sales, and then continued to grow for each of the following 3 years?
Hmmmm? Interesting question isn't it. I have yet to find one MLM that meets that criteria.
Why? My theory: MLM's have a poor business model yet hundreds of new ones pop up every day. (To replace the old ones that have gone under.)
Some people will be successful. No question about that. But they are making serious money at the expense of thousands who do not and who will get hurt.
Another Question: If you are currently in an MLM, how many people are you willing to hurt to make money? Some of you may not even realize that you are involved in something that will hurt people and their families financially.
Most leaders that are in MLM companies have come from another and will eventually join another. Again, at the expense of hurting people for their own personal gain.
Now there are some MLM's that have a product(s) like candles, skin care, Knick Knacks, Kitchen tools etc...and some have great products. However...can you build a long term residual income where you have a customer base that consistently shops month after month?
Then there are MLM's where it seems just too good. Seriously, you've seen the emails and facebook posts right?
GET IN NOW!
SECURE YOUR SPOT!
PRE-LAUNCH, JOIN WHILE IT'S HOT
SEE HOW A 25 YEAR OLD...MADE MILLIONS
ETC...
Enough already! Below I've listed "some" MLM companies that are either closed, bankrupt, or on their way out. What MLM is going to be next? It's just a matter of time. In my humble opinion, the business model does not work long term.
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MLM's DON'T WORK .. Long Term!