Is multi-level marketing a good choice for you?

Posted on May 26, 2009 

Is multi-level marketing a good choice for you?

If you’re an adult and you’re breathing, there’s a pretty good chance that sooner or later, a friend or acquaintance will approach you with a chance to “start your own business,” “be your own boss,” “become an independent distributor.”

What you’ll get is a pitch for a type of business referred to as multi-level marketing (MLM) – although it may be called by other names, including network, direct, affiliate, or matrix marketing. (Because these schemes get such a bad reputation, the companies change names to make them more attractive.)

Should you try it? After all, you may not have a lot of other choices, especially if you’re out of work. And your friend is very persuasive. They tell you how much they love the products or services they sell, how supportive the people in the program are, that they’ve made thousands of dollars. They’ll offer you a chance to start your own business for less than $199.

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