I failed in my first MLM attempt and learned a lot from it. I want to share my experience and hear from others who failed before eventually succeeding. What were your biggest lessons?
I failed in my first MLM attempt and learned a lot from it. I want to share my experience and hear from others who failed before eventually succeeding. What were your biggest lessons?
If you are going to do MLM, track EVERY expense from day one. Most people have no idea how much they are actually spending versus earning. Create a spreadsheet with every product purchase, sample, event ticket, gas, and tool subscription. The numbers will tell you the truth.
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.
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