I’ve written many times about how multi-level marketing (MLM) is not a business. Don’t believe me? Others have said the same thing. Today Lazy Man and Money lays out the reasons why MLM is not a business. You’ll have to read the details at his site, but the reasons include:
- Businesses obey the Commandment of Control
- Business 101 Excludes MLM
- Businesses obey the Commandment of Entry
- MLM Doesn’t Obey the Laws of Supply and Demand
- More than 99% of people LOSE money
- MLM is Not like Any Other Small Business
- It Doesn’t Matter How Hard You Work
The bottom line that any job is better than MLM. In MLM, you’re almost guaranteed to lose money. With a job, even one paying only minimum wage, you’re still making money.
