I have been in an MLM for 14 months. I have about $2,000 worth of product inventory I cannot sell, I am paying $150/month in autoship, and I have made a total of $340 in commissions. I want out but I do not want to just walk away from all that money. What is the best exit strategy? Can I return unsold inventory? Should I try to sell everything at a discount first? How do I tell my upline and team that I am leaving? And how do I unwind from the social media presence I built around this business?
I have been in an MLM for 14 months. I have about $2,000 worth of product inventory I cannot sell, I am paying $150/month in autoship, and I have made a total of $340 in commissions. I want out but I do not want to just walk away from all that money. What is the best exit strategy? Can I return unsold inventory? Should I try to sell everything at a discount first? How do I tell my upline and team that I am leaving? And how do I unwind from the social media presence I built around this business?
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.
Thank you for your vulnerability in sharing this. The shame and embarrassment after leaving an MLM is real and not talked about enough. You are not stupid for joining - these companies spend millions on making their opportunity look irresistible. You were targeted by professional marketers.
Create a free account to reply and participate in conversations.