Would Today’s Proverbs 31 Woman Do Multi-Level Marketing?
But for those who want to establish a steady source of income, the answer becomes more complicated. A Federal Trade Commission report predicts that, factoring in time and financial investment, only 1 percent of MLM participants earn a profit. (A quick review of a company's income disclosure statement confirms this.) Distributors may recoup investment in the form of product or discounts, but it takes a high level of recruitment and sales to actually make money.
Christian money guru Dave Ramsey points out that MLM opportunities require what any other job does: hard work, good people skills, and commitment. It seems that the key to being successful in such companies is staying in for the long run in order to make it into the top tier of sellers. So is the investment ultimately worth it? The answer is a resounding “maybe.”...