It's typically unlikely you can make a lot of money from any type of multi-marketing scheme unless you were actually the person who started it. Multi-level marketing works by prying on those who want to get rich quick but not provide any actual value. So the only way you make money is to convince people to do the work for you. And you don't actually make enough money until you have a few layers under you so most of the time you're just helping someone above the pyramid get rich off of your hard work. And there's only so many naive people out there when you start running out of people to market it to.
And don't you ever wonder that the people who are participate in pyramid schemes ending up doing the most buying of the products? So what does that tell you about where the money is actually coming from?
There is a sucker born every day. Many a company has been built on the backs of those looking to make a quick buck. If you've been around the block a few times you know that there truly are no shortcuts or overnight successes. I had a cousin who tried selling me on a phone package plan that promised to lower my long distance bills by half. I only had to get a few friends to join and I could also make money if they make money. That already raised red flags. This was many years back but that same cousin has to work odd jobs and can't keep his career on the level.
Yea...there are a lot of MLM's that are pretty bad. But if you consider those like Avon, Custom Jewelry ones or even candle party ones, I think those are ones that people join because they 1.) like the products and 2.) want free products after referring others.
Yes, I was involved in a pyramid scheme. It was when I worked for corporate America. The guy on top, our CEO, made the most money and everyone else with me 5 layers below did most of the work haha.
A friend once duped me into signing up and paying for an MLM I never had any intention of participating in. This person took advantage of our relationship to get me to do so. Every interaction with this person since then has been filled with awkwardness. Screw MLM's. I feel bad for suckers duped into them. I feel even worse for those that believe in them.
I kind of think that it's scenarios like that helps me weed out the bad friends. I think being duped, as long as it's only monetary value, is well worth the test. And of course, my view would not scale for someone with 500 friends since that would stack up to a lot of money - more than I can ever make.
And don't you ever wonder that the people who are participate in pyramid schemes ending up doing the most buying of the products? So what does that tell you about where the money is actually coming from?
So they're more liable to getting their brand tarnished by MLM crap.