MLM or Multi-Level Marketing business concept has been around since the days of Amway. Some people like to call it a pyramid and many think it’s a scam. The reality is that, everything on this planet is modeled after a pyramid, whether you work for a corporation or the government. From the Vatican, the Army, the Navy to the Air Force it doesn’t matter, they are all pyramids. There is always a CEO, the Executives, upper/mid level management, the masses doing most of the heavy lifting and so on. And yes even the mafia is structured exactly like a pyramid.
These types of sales organizations have thrived for years, as it is based on Word of Mouth. Where the company doesn’t have to do heavy advertising, branding and marketing in billboards, infomercials, etc. In turn the company take all those millions of dollar budget to reward its distributors instead. With the advent of the internet and automated marketing tools, multi-level marketing (MLM) has become much easier, tilting the odds to where someone can actually earn a good living. And if you get there early enough and you’re a hustler, you can get wealthy.
These days, cryptocurrency and bitcoin mining with multi-level marketing, in my opinion is the perfect business opportunity to earn residual income. Some companies offer an open-ended contract and lifetime mining contract. Of course, lifetime residual income is very attractive to masses, no brainer.
Multi-level Marketing as it’s known, in combination with cryptocurrency and Bitcoin mining is not going to go away anytime soon. This is a market that will be here conservatively for another 6 to 8 years. While most people are real fast in judging MLM, it is foolish not to look at this combination business opportunity.
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Show me ONE MLM where people would benefit from anything, on average.
The fortunes of the top are made from misfortunes of the bottom level.
What all MLM misrepresent to their bottom level is that they count how little work it takes to sell their "product". In fact the only product of most MLM is THE PYRAMID itself regardless of the "face product".
MLMs never show statistics about how many people were robbed of their time, quit wasting their time but it all went to the benefit of the top.
MLM show success stories of the top while hiding the misery of all those who honestly tried but were simply used. It's like participating in a rigged lottery.
MLM never show people their REAL expenses of time and money and lost opportunities that would actually make them way more money if they put the same efforts and investments somewhere else other than in MLM, that's of course if they had any critical thinking.
MLMs almost always ruin your relations with your friends.
MLM ruins your reputation.
It makes you more money to flip burgers at minimum wage than what most people make on any MLM when you count ALL your time and efforts and expenses.
But as they say a new fool is born every second.
MLM is an art of finding fools that are more fools than you were when you joined.