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The Problem with MLMs

4 problems I’ve observed in my years in MLM and how to overcome or avoid them – a report you can use™

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Why should you read this report?

As far back as I can remember, I’ve always had the desire to start my own business. Even as a little kid, I was always trying to sell something. Sadly, I had no mentor as a child; my extended family was a family of schoolteachers, from both my paternal grandparents on down, to my father and many of his siblings. Even my mom had a stint as a schoolteacher, though the bulk of her career was as a secretary in the local Guinness brewery. She opted to take a voluntary retrenchment scheme from that and opened a stone quarry business in the early 90s. Later in life, she entered Christian ministry.

 

From my late teens and early twenties, I’d ventured into a few MLMs – like many people, I was drawn to MLMs because of the low startup capital required and the promise of limitless growth potential. The positive commendations from Rich Dad, Poor Dad helped nudge me into joining MLMs as a way to start my own business. Kiyosaki’s books were regularly passed around in MLM circles in those days. 

 

Those MLM ventures of mine eventually fizzled out due to various reasons intrinsic to MLMs, and in this report I want to look at these reasons more closely and identify some ways that you can avoid these pitfalls – or maybe avoid MLMs entirely. I don’t know yet, but this might be a possibility. I start writing with a hypothesis in mind and I write to test this hypothesis. 

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