Great post on the realities of multi-level marketing

Posted by Tracy Coenen on May 9, 2007 · 1 Comment 

Since I have gathered quite a following from the pro-MLM and anti-MLM people alike, I thought this would be a great piece to mention. Of course, I found it because Lee linked to me first. Lee Distad’s opinion on multi-level marketing includes:

?In the case of “financial freedom” schemes, here’s a hint: real stockbrokers and real financial planners at real firms are too busy brokering stocks and managing portfolios to troll shopping malls and social functions in order to recruit new stockbrokers and financial planners. If you were recruited straight out of selling shoes at Footlocker to be a “financial planner” you might want to second guess your career arc.

He’s got more to say, and it’s worth listening to.


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Comments

One Response to “Great post on the realities of multi-level marketing”
  1. Lee D says:
    9 May 2007 at 4:02 pm

    Thanks for the kind words Tracy. I’ve been really enjoying your work!

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