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Observation: 5 fatal flaws of MLM (and 2 more external factors) makes MLM very dangerous to newbies
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?
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