What are MLM brands and why are they bad?

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Also people say they ruin lives, how?

In: Economics

19 Answers

Anonymous 0 Comments

We participated in an MLM that had a consumable nutrition product. We liked the results of the product and started our business. We worked hard.

Set up a good way of communicating with clients. Worked hard. Treated it like a business. Worked hard.

1st year $30K. 2nd year $60K. 3rd year $100K. Then two things happened: the crash of 2008 in which disposable income dried up and the company changed the product. Expanded it and reworked the formula. NOT a good idea.

It was great for tax benefits and we controlled our time which is amazing if you have been a 9 to 5 person. We worked HARD. Good while it lasted.

What we learned: Work hard. Have a consumable product. Work hard.

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