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A colleague of mine signed up for an MLM a few years ago (He was broke at the time). He put massive effort into it and now makes more than $50K per month pretty
by yeahsure 15y ago
A colleague of mine signed up for an MLM a few years ago (He was broke at the time). He put massive effort into it and now makes more than $50K per month pretty much without working.
Would I do it? No. Do I recommend it? No. Can it work? Absolutely.
- dennisgorelik 15y agoI don't believe in "pretty much without working" part. I'm pretty sure he's still working pretty hard. Anyway, I see your point and agree with it.
- yeahsure 15y agoAs far as I know, he has developed a network of websites (all outsourced) that filter the prospects (they have to go through a series of videos and tests or something along these lines), then those warm leads get in touch with one of his "leaders" which explains the program and so on. If they sign up for it, he has a new person in the downline, recruiting more people for him. Could be untrue, though he's always traveling with his family all over the world and I know his income is at least $50k/mo
- dennisgorelik 15y agoEverything in that story could be true ($50k/month, recruiting through web sites, outsourcing, traveling with family all over the world, etc.), but I'm sure he works a lot and thinks about his business most of the time.
- jacques_chester 15y agoI'm sure people on HN also know folks who won the lottery after playing it for years. The odds are still well and truly against you. Very few benefit, mostly the manufacturers of the dream.
- yeahsure 15y agoActually, I've met two people that won the lottery. Both were broke a few years after they won. I've never been involved with an MLM, and I don't plan to either, but I think it can't be compared with winning the lottery. Your efforts/connections/skills play a big part in being successful in an MLM. EDIT: And by the way, after thinking about it, the same could be said for any environment in which you don't control the rules of the game, such as the app store. The odds are against you, and the one who benefits the most is Apple.
- jacques_chester 15y agoThe house always wins; so the surest way to win is to be the house. This is true of casinos, lotteries, MLM schemes and app stores.
- yeahsure 15y agoI agree with you 100% on that my friend :-) That's why I don't blame anyone: casinos, lotteries, MLMs or app stores; anyone is free to join and play, is up to them if they want to.
- dasil003 15y agoThe tricky thing about MLM schemes is that the house is a gradient. When you sign up you hope you can keep it stretching.