Came across this article about Multi-level Marketing. Author debunks the 10 myths of this legendary form of business structure that supposedly brings about financial independence and spiritual maturity. Riiiiight. MLM BS takes the cake, eats it and shoves it up the big a-hole in the sky.
Lie #1: MLM is a business offering better opportunities for making large sums of money than all other conventional business and professional models
Lie #2: Network marketing is the most popular and effective new way to bring products to market. Consumers like to buy products on a one-to-one basis in the MLM model
Lie #3: Eventually all products will be sold by MLM, a new form of marketing. Retail stores, shopping malls, catalogues and most forms of advertising will soon be rendered obsolete by MLM
Lie #4: MLM is a new way of life that offers happiness and fulfillment. It is a means to attain all the good things in life
Lie #5: MLM is a spiritual movement
Lie #6: Success in MLM is easy. Friends and relatives are the natural prospects. Those who love and support you will become your lifetime customers
Lie #7: You can do MLM in your spare time. As a business, it offers the greatest flexibility and personal freedom of time. A few hours a week can earn a significant supplemental income and may grow to a very large income making other work unnecessary
Lie #8. MLM is a positive, supportive new business that affirms the human spirit and personal freedom
Lie #9. MLM is the best option for owning your own business and attaining real economic independence
Lie #10: MLM is not a pyramid scheme because products are sold
Friday, January 27
False profits
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