MLM (multi level marketing) never made me money

United States
January 9, 2011 9:44am CST
My husband and I tried a couple of different MLM opportunities over the years and all we ever did was lose money. We never made any money from it. Now we avoid any opportunities that say that they are MLM because it is almost impossible to make money with them. I am telling others of our experience so that you don't end up losing money there too.
2 people like this
7 responses
• Malaysia
9 Jan 11
MLM is a fail strategy at the end of the day. The whole pyramid structure will collapse once they are out of referrals to participate, and pay the upper ladder users. You may be the lucky few who are at the top ladder who are earning from the money that the lower ladder invest, and when you are unlucky, you are going to lost a lot of money. Greed is the factor that drives MLM, i had a friend invested over $300 despite of my over and over advices, yet he signed up due to greed. He never heard from that company again after that. Just to share, good luck mylotting.
@lexx87 (1707)
• Mexico
9 Jan 11
well i did .......... good money ! :) and im still !
@lexx87 (1707)
• Mexico
9 Jan 11
hahaha well , you need to learn to earn money !! the most rich people recommend to make "network marketing" and depends whichhhhhhhhh brand and what are u selling and the plan , because yes some of them are scam!
• Malaysia
9 Jan 11
You may earn, others will suffer... Think about it... Do you want to benefit the highest ladder just to get some incentive to yourself? My conscious tells me no. But i must say not all MLM are fail strategy, there are some very safe MLM scheme, with legal and marketable products, but it is not going to be a big earner.
@duck2day (316)
9 Jan 11
MLM can be very succesful, but you need to make sure you choose a good program. There are a lot of crap programs out there, but for every 100 of them, there's a gem of an MLM that can really work for you. You need to make sure you choose an MLM which is legitimate and with sensible structures and payouts - if it sounds too good to be true, it usually is! The other critical thing with any MLM is getting referrals - without them you won't get anywhere! One of the best ways of getting referrals is through joining a team build. These are specifically designed to help you get referrals and everyone in the team all works together. The best team I've found is called Team Cash 4 Life - http://team-cash4life.ws They have a few brilliant MLM programs that do pay AND they help you get referrals in them all. If you want to find out more, I highly recommend their website, which has loads of great information - http://team-cash4life.ws
@lexx87 (1707)
• Mexico
9 Jan 11
yes exactly if you have good program and the compensentation plan is good you can earn a lo of money and you dont need many referrals .
@GardenGerty (157050)
• United States
9 Jan 11
That has always been our experience as well. I guess I like to just do stuff that I will get paid for outright. You do such and such, you get paid. You post on MyLot, you get paid. You get paid more if you have referrals, but you do not have to have them to succeed. You get paid for what you do. It is not thousands or even hundreds of dollars, but it does not cost me anything.
@tigeraunt (6326)
• Philippines
9 Jan 11
hi linda, i have tried it myself but it never prospered. i guess i dont have the real selling enthusiasm skill needed and the firm way to collect accounts receivables. have a great day. ann
@lexx87 (1707)
• Mexico
9 Jan 11
you need to cheer up and have a really good upline , my upline is making a lot money and we are doing enough money ! so cheer up and depends your company and it is not multilevel is "network marketing" and depends your actitude ! :D X cheer up
• India
9 Jan 11
MLM is just like HYIP, it is actually an scam business strategy which pays the top ladder from those below them. LOl, what business is that where you are not actually doing any business but only sucking out money from your downline. If one gets in early then one will make money, otherwise sure loss. Thanks for warning the mewbies in mylot here.
• Philippines
9 Jan 11
I've tried it when I was still in College and it really never paid off. It needs lots of active referrals for me to earn and it's tough to have referrals because products and registration fee is not really affordable.
@lexx87 (1707)
• Mexico
9 Jan 11
depends which! i made easily my first week 120 dlls :) so depends the compensation plan , and which company some of them are really really bad , not enought money and they dont pay you enough generation !