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Is MLM so bad?

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Are MLMs bad? Yes and no.

Is your goal to make a worthwhile living while maintaining a work-life balance and a social circle? Then yes, MLMs are terrible.

Is your goal to put a few extra bucks in your pocket, and you've found a company that allows you to sell a product people actually want? Then no, MLMs aren't that bad.

Two stories: one to the first point and one to the second.

1. A friend of mine got into insurance sales in a MLM structured company. After working 60-hour weeks and wringing his network dry, he had made $29k in a year. He spent a whole lot of time and annoyed a whole lot of people just to find out he could make more working in a warehouse 30 hours a week. Clearly, the MLM wasn't what he was looking for.

2. My wife wears Colorstreet nails. They're essentially nail polish strips that come in different designs. They're sold by consultants in a MLM structured organization. She would get a dozen compliments on her nails a week, and would often refer people to the consultant she purchased from. She became a consultant simply because she could pull 25% from selling these nails to people instead of referring them to someone else. No pressure, no cold outreach, and no expectation since it's not her sole source of income. This is the ONLY way I'd recommend an MLM.

Bottom line - It's not fastlane and definitely not worth pursuing as a career.
 
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Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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