What legal issues should MLM distributors be aware of? Income claims, product claims, advertising regulations? I want to make sure I am operating legally.
I respectfully disagree with some of your points. Yes, most people do not make money, but that is true of any business. The SBA says 50% of traditional businesses fail within 5 years. At least with MLM the startup cost is low so the financial risk is minimal.
I joined Amway in college because a senior student recruited me. Spent $2,000 I did not have on products and tools. Made $47 in commissions over 6 months. Dropped out of the business but the experience taught me to always research before investing in anything.
To everyone who lost money in MLM - it is okay. You are not a failure. You took a risk and it did not work out. That makes you braver than all the people who criticize from the sidelines. Dust yourself off and apply what you learned to your next venture.
What legal issues should MLM distributors be aware of? Income claims, product claims, advertising regulations? I want to make sure I am operating legally.
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