Great post on the realities of multi-level marketing

Posted on May 9th, 2007

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.

Related posts:

  1. False Claims and Broken Promises in Multi-Level Marketing
  2. Create Your Own Multi-Level Marketing Company in Ten Easy Steps!
  3. Fortune Hi Tech Marketing: Multi-Level Marketing Scam or Pyramid Scheme?
  4. Why Retailing Does Not Occur in Multi-Level Marketing Companies
  5. Calculating Loss and Failure Rates in Multi-Level Marketing Schemes

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Comments (1)

  • Lee D
    9 May 2007 at 4:02 pm |

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

    Reply

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