Can MLMs Be A Legit Business Model?
As you continue your journey searching for legit business opportunities, you will quickly realize that you are surrounded by MLM offers all around you. Which will likely lead you to one question. Are they legit businesses and can you truly make money off of them? If you are new or perhaps unsure of what an MLM (Multi-level marketing) is, here is a quick definition of what it is as per Investopida: Multi-level marketing is a strategy that some direct sales companies use to encourage their existing distributors to recruit new distributors by paying the existing distributors a percentage of their recruits' sales; the recruits are known as a distributor's "downline." All distributors also make money through direct sales of products to customers. Amway is an example of a well-known direct-sales company that uses multi-level marketing. A few other examples of them that are commonly known are Avon and LulaRoe. If you do a quick search for these types of businesses, you wil