What are pros and cons of MLM?

The pro is the fact you can build residual income (if you are doing business with good MLM company).

The con that a lot of stupid people will think you are stupid because you don't want to live like them

I'm sure there are MLMs that are honest and legit.
But the vast majority seem to push joining more than the product itself and
provide unrealistic expectations.

A few years back my mother was near the top (in the top 10 of everyone) of a decent sized MLM.
She could see who was making money, and who wasn't. Let me tell you, there were about 20 people making a good decent living, everyone else was making pocket change, if that. And thousands of others made ZERO.

There are winners and there are loosers, it's a gamble in my opinion,the guys who start out win the biggest, and the last guy inline, takes the hardest hit. Just depends where inline you stand to cash in.

Pros: easy entry, lots of interest during times like these when people are trying to make extra money

Cons: people look at it as a get rich quick scheme

Key to it is to be building your own list and developing your company not the MLMs. check out people like Daegan Smith, Mike Dillard, Chris Zavadowski. They all have great systems for those getting started

You should sell the product not the business offer.

With SU i see so many people selling it as a get rich quick scheme and just bar the while personal development side which really annoys me lol

Once they see how great the product is they will be a lot happier and willing to help sell it.

pros - generally low $ barrier to entry. Autoship requirements
generate residual income. Warm and Fuzzy. Feel good
rah-rah conventions.

cons - high rate of attrition and unproductive distributors. migrating
downlines. Company changes pay-pan and halves your income
one day. Company folds. Products usually over-priced. Some
products (gas pills) wreck your engine. Some (nutritional)
products are held-up as miracles and are actually bad for some
people. Lies. Low profits unless you build a big organization.

I like money-programs. Haven't found a Multi-level that I liked
yet. Some folks love 'em. There are a couple out there that
I sort of respect: Tupperware, Mary Kay, Avon, Send Out Cards,
Shaklee... for different reasons too.

I personally tried MLM and it wasn't for me. Not sure why but the business model didn't resonate with me. The notion of "Success depends on getting recruits" was stressful. And in the end, I felt lukewarm about the product. Without the passion I wasn't able to make it work.

If you looking for one, keep these thoughts in mind.

Who is the leadership of the company? Do they have a business background with success in the past. It increases your chances of a company that will be there for the long haul.

How old are they? I have seen estimates that over 90% of them do not last more than 5 years.

Is their payment plan legal? Can you spell pyramid.

Can those below you make more than you? That's good for all involved.

Are they product based or service based? If product your paying for everyone's income. Look at what they have to offer. Would you buy it or participate even if there wasn't a compensation plan.

Is there a one time fee to join or do they charge monthly/yearly. One time is of course better.

Do they creditionals such as Better Business Beaure (BBB), DSA, etc. What is their credit rating?

Are they running the company through new members joining or have they already paid thier debt/ start-up costs off?

Who is backing the company... do they business partners that are big names. Wells Fargo, DHL, etc.

You will see alot of crap when searching the net about every company. Dont believe most of it. Look at the source and see what the motive is of those posting or who run the sites.

What kind of training program do they offer? Is their system EASILY dupicatable?

If you look at these points you will probably eliminate 99% of the companies out there.

There is money to be made in them. Some do it quickly, for others it may take awhile. Do you have what it takes to stick it out. For most it takes awhile.

You will find the average person is not really as smart as they think they are. They will make decissions without facts and truths. Which is why many will say your stupid.

Just alittle info for you.

Hope it helps.
Joe