Generally speaking, the best advice one will hear about multi-level marketing (MLM) is “don’t.”
While it’s certainly possible to make a life for yourself working for an MLM, the men and women who are capable of doing so are few and far between. More often, anyone who joins an MLM ends up stuck in a vicious downward cycle as they drive themselves deeper and deeper into debt, alienating themselves from family and friends as they desperately try to sell to and recruit anyone who will listen.
To wit, a 2018 report published by the American Association of Retired Persons found that approximately 47 percent of people who participate in multi-level marketing lose money. Another 27 percent make nothing. And even among those who do make a profit, margins are extremely thin: 53 percent made less than five thousand dollars.
The problem is threefold.
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