9.3.2012
I thought that Multi-level marketing was a scam of the 80's but to my surprise, this rip off business model is well and alive these days. Of course, the businesses got smarter, lowered their rip off margins, so that they would be just categorized as border line Multi-level marketing networks, but still, it's still the same old scam!
Here is a quote from The Times: "The Government investigation claims to have revealed that just 10 per cent of Amway's agents in Britain make any profit, with less than one in ten selling a single item of the group's products." so 90% people fail!!! You might be better of with a lottery ticket in some cases! And here is nother quote: "The vast majority of MLM’s are recruiting MLM’s, in which participants must recruit aggressively to profit. Based on available data from the companies themselves, the loss rate for recruiting MLM’s is approximately 99.9%; i.e., 99.9% of participants lose money after subtracting all expenses, including purchases from the company."
Final advice: before you get involved, use the power of google. Put the name of the company and the word rip off, or scam, like this. If you get any results, stay away!