kschang
05-30-2012, 12:08 PM
MLM has five fatal flaws and two external factors that makes it EXTREMELY dangerous to newbies
The five flaws are:
Creating your own competitors
Conflict of Passive vs. Active Income
Questionable profitability of product
Similarity to Pyramid Schemes
Cult-like indoctrination of members and prospective members
Add to that problems like
Pseudo-MLM scams
Late Government Intervention
And you have a VERY dangerous business to be in, unless you apply some critical thinking and analysis.
The 5 fatal flaws of Multi Level Network Marketing: does your MLM plan sell the dream, not the reality? (http://kschang.hubpages.com/hub/Networking-Marketing-is-doomed-to-failure-its-all-about-the-dream-not-reality)
Comments are welcome.
The five flaws are:
Creating your own competitors
Conflict of Passive vs. Active Income
Questionable profitability of product
Similarity to Pyramid Schemes
Cult-like indoctrination of members and prospective members
Add to that problems like
Pseudo-MLM scams
Late Government Intervention
And you have a VERY dangerous business to be in, unless you apply some critical thinking and analysis.
The 5 fatal flaws of Multi Level Network Marketing: does your MLM plan sell the dream, not the reality? (http://kschang.hubpages.com/hub/Networking-Marketing-is-doomed-to-failure-its-all-about-the-dream-not-reality)
Comments are welcome.