Network Marketing/Multi-level Marketing Stinks

For several years Multi-Level Marketing has been making people rich at the expense of others. The traditional Multi-Level Marketing System is designed to make money for the Gurus and the Heavy Hitters. If you are not lucky enough to join early on you will not make much money. Only 5% makes any real money and the money that they make is made from the other 95% who joined after them.

Gurus market themselves as experts and promise to make you rich with all of the spill-over. The reality of it all is that they only want to make another commission when you join. The Gurus make several thousands of dollars and you are lucky to make several hundreds of dollars. As soon as the money starts to slow down they are marketing and making false promises about something new. The promise of spill-over causes people to get excited and the cycle starts all over again.

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The system slows down and eventually fizzles out because the money doesn’t make it all the way down to all of the members. The down-line usually leaves after a few weeks because they are not getting any of the income and they don’t know what to do. The Gurus are already onto the next big thing and don’t care about building a down-line who will stay put. Therefore, it becomes a rat-race. The big rat (Guru) spots new cheese and the race begins. The first ones to get there (sign-up) will receive most of the cheese. The last ones share the crumbs of what is left. Then you find yourself going from program to program to make money. The only thing gained is disappointment and failure.

I keep hearing that there are new MLM’s that work differently and share the wealth with everyone. I have yet to actually see one though. It would make sense to design such a system because it would seriously grow into a giant profit center, but greed seems to rule the day for MLM developers. They have a system that has worked for a century now and it still works, why change it? Unfortunately this is where things stand. If you know of a MLM that is different, I would like to hear about it. Leave a comment below.

This entry was posted on Monday, July 28th, 2008 at 11:13 am and is filed under Main. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.