It never ceases to amaze me the amount of times I’ve been approached to join a multilevel marketing (MLM) opportunity or what most pundits claim to be a pyramid scheme.  The promises of big income or the ability to work at home is a repetitive theme expressed throughout a sales pitch.

Evidently, I always pass on these advances due to the fact I already generate passive income with my own businesses by working only a couple hours a day.  Plus, most people (with any sort of a rationale) can see through the smoke and mirrors associated with MLM companies and their questionable tactics.

It shouldn’t come to a surprise that a majority of MLM companies rely on recruitment strategies or marketing tools to earn a majority of their revenues.  Simply look at their financial statements and you will find that a sizeable portion of their earnings continue to rely on the recruitment of new members, rather than the movement of their (supposedly) core products or services.

Overall, given the right market conditions, I believe a competent sales person can be successful with any opportunity.  With the right strategy, execution and follow through, a high level of success can be achieved.  And yes, this can also apply to MLM opportunities as well.  But if their meagre success rate, for most recruits, is an indicator of the future, I’m better off starting my own business by selling batteries or kinky lingerie.