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RE: LeoThread 2024-12-22 00:43

in LeoFinance โ€ข last month

Reasons Why MLMs Are Worse Than Pyramid Schemes

  • ๐Ÿ“‰ The average return for a victim of a pyramid scheme is around 90% of their invested capital, whereas the average return for an MLM is around 30% of their invested capital.
  • ๐Ÿšจ Even the people at the top of MLMs often struggle financially, with many losing money despite their high ranks.
  • ๐Ÿค‘ MLMs make money by selling overpriced products and seminars, rather than through legitimate business practices.
  • ๐Ÿ“Š The financial figures seen on income disclosure statements are top-line revenue figures and do not account for additional expenses, which means even top members end up struggling financially.
  • ๐Ÿ‘ฅ MLMs target isolated cultural groups, such as Mormons and migrant communities, who are less aware of the industry's reputation and more trusting of their own community.