Thread: Why MLMs Never Release Their Financial Statements

That certainly wasn't the in depth story I expected from Forbes. Finding 3 success stories is easy. If the 1% that do not lose money are interviewed then MLM seems like a very doable success story. What about the 99% who lost money and paid up to these successful recruiters higher in the pyramid?

Many invest tremendous amounts of time and money on businesses that will never succeed. These MLMs all rely on recruiting. If all the friends and family and whole neighborhood has been approached then the last ones in are simply guaranteed losers. Forbes should have given the actual Income Disclosures for these deals so folks could have gotten the real story. Very disappointing!

Originally Posted by Soapboxmom

That certainly wasn't the in depth story I expected from Forbes.

People are going to be o.k. if they don't go much past direct sales. We can warn them about the rest!