Why You Shouldn’t Join an MLM
One of the people I follow on Instagram loves to post about her blossoming business career. According to her feed, she’s a #bossbabe with her own business, works flexible hours on her schedule, and is pulling in a six-figure salary.
The first few times I saw her emoji-filled posts, I genuinely thought she was a successful freelancer or entrepreneur dominating the market. It wasn’t until she began to advertise essential oils from Young Living that I started to catch on to what was really happening.
She wasn’t the wealthy, glamorous entrepreneur she masqueraded as — she was just another person caught up in an MLM, trying to recruit others for her own profit.
Although I have no idea whether or not she’s actually making the six-figure salary she boasts about, I’d bet against it. Over 97% of MLM consultants misrepresent their earnings. It’s much more likely that she’s hustling to make a small profit, and even that might be a stretch.
Despite the prosperity gospel she’s trying to feed me about Young Living, MLMs aren’t the goldmine they pretend to be. These companies — and I use that term loosely — have been reeling in hardworking people just trying to make a buck for decades.
And, because we live in the digital age of social media and mommy blogs, MLMs are more inescapable than ever. There’s always a stay-at-home mom advertising on Instagram or a young freelancer on Facebook ready to tell you why you should join their cult — I mean multi-level marketing scheme.
But, before you drink anyone else’s kool-aid, I’m here to tell you why you steer clear of MLMs.
What are MLMs?
Even if you’ve never been a part of one, you’d probably recognize an MLM by its name. Some of them, like Amway and Mary Kay, have been around since the ’50s and ’60s, and are still thriving today.
More recently, Avon, Young Living, Younique, Herbalife and the possibly bankrupt LulaRoe have joined the MLM hall of fame.
Unlike regular businesses that sell their products online or through stores, MLMs use consultants or distributors. Consultants will buy a bunch of the product from the company at a…