‘History has shown that there’s a 95% failure rate for MLMs reps on the ground’

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The nature of multi-level marketing structures is that the higher up you are in the pyramid like structure, the more profitable the system is for you. However representatives that are much lower in the chain have historically had a 95% failure rate. This is according to Gareth Collier, Director and Financial Planner at Crue Invest. He says the reps on the ground of MLMs work hard, but that income is channeled up the pyramid.
11 Jan 2024 5AM English South Africa Business · Daily News

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