Should I get involved in multi-level marketing?

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[greglees]

I wanted to get rid of all of my friends and relatives. So I joined an MLM and now I don’t have to worry about anyone ever calling me again. 😂

[BamBamBigelow..]

I absolutely love pressuring family and friends to become my downline for products they don’t want or need! Yea for me!

[froggore]

I was expecting Dave to be harder on MLMs. They may not fit the legal definition of a pyramid scheme, but they operate in similarly shady ways. Stay away.

[EverettValdez]

MLM stands for "moms losing money". MLM is just a fancy way of saying pyramid scheme

[varunishere]

This girl wanted to meet me at Starbucks and made MLM look like some secret selective magic wand. We spoke a lot because she was trying to get me in. Instead, she ended up telling me how much she hates to struggle meeting unknown strangers everyday and pushing them to sign up. 😂

[zanacos]

I am going to go ahead and say this, MLM is seriously a waste of time. I am in MLM right now with life insurance, its bad. I have been trying to get a different job for a few weeks, Ive had one interview a day for the last four days, all of them say I have an "interview scheduled", but when I get there, its a conference room and its another MLM.

I am not telling anyone what they should do, but MLM is a good way to get short term induced depression and financial stress.

[greydaze]

One of my friends from childhood tried to recruit me into the same MLM Shelly is asking for, her mother was working for it when we were in college. Her own mother recruited her into the business, and she tried to recruit me. I went to the info session, saw it was an MLM, and politely declined her invitation to join because I don't want to work in that kind of environment. The next month, she told me, "Oh, the presenter at that one wasn't very good. Come to this month's instead!" I told her no, more firmly. This continued every month for half a year, before she got so upset that I wasn't "trusting" her business sense. We haven't talked since.
I'm not saying World Financial is a scam or a bad company. But the pushiness I got from my "friend" and from the presentation I went to was too much, and they did not respect my answer when I said no.

[PsychicsRfake]

I was in a MLM and I am glad I am out of it. I am much happier now. My advice to people is to stay away from them.

[awolf]

Facts: MLM is based on hype and emotion. MLM's are lead by hucksters who are great motivational speakers who excel at using your dream of being rich against you. The people who are really generating an income for the "business" are the distributors who are required to use/buy the product to be a "member". The lions share of profits are not coming from external sources only internal (the distributors). I know the pro MLMer's are convinced that folks like myself are fools. So don't take it from me. Think critically, ask questions, fully understand your MLM's compensation plan. When your up line is says there making 60K a year demand that they show you a year to date pay stub. Calculate what the up line is spending on the "business" to earn 60K a year. How much product are they being forced to buy? Whats the cost of their monthly website subscription? How many expensive seminars are they being compelled to attend?

[dr.dermixgirlmd]

I love how Dave Ramsey breaks this down. He’s not bashing MLMs as scams.
*MLMs are a legal pyramid business model, but he does call out the network marketing recruiting hype and typical brainwashing tactics for what they are: LIES.*

He’s giving people a realistic glimpse into what it takes to actually make it in network marketing without dismissing it entirely. _It isn’t a part time gig. It’s doesn’t happen overnight. It doesn’t happen by accident. And most importantly it doesn’t happen for most people._

You’re signing up to be a professional recruiter and professional sales manager in a high turnover business. Most people really don’t want to do any of that. I know I don’t.

[michaelbone]

If the only way to make decent money in a MLM scheme is recruitment, then it's effectively (if not legally) a pyramid scheme. Bad advice.

[CharlesCChatman]

I truly believed some of you like me were probably presented with the scheme and decided to look up some information on it before you gave them your answer, but I'm noticing that most of you are watching this video because you have already been duped and you're looking for the only video on multi-level marketing that tells you that you aren't a dumb ass that got tricked into a pyramid scheme.

[bruceseah]

That is why Socrates said, "The only good is knowledge and the only evil is ignorance." Different strokes for different folks, network marketing is for everyone but not everyone is for network marketing, not everyone wants to be a doctor, dentist, lawyer or accountant, isn't it? There is a right way to do it and a wrong way to do it. In any industry there are black sheep or wolves in disguise, why focus on the negative companies and leaders who are doing the wrong things? There are good companies and good leaders who are doing the right things. Do your due diligence and check out the management, support system and compensation plan, most companies have very good products that will benefit you and your loved ones. You can always just be a smart consumer and benefit from the products, doing the business is an option.

[johnsanchez]

This is the most honest, objective argument I ever heard made for MLM!

[BrysonJonesRealtor]

This is the first Dave Ramsay video I’ve had to dislike. Very disingenuous of Dave to act like these companies aren’t scamming 99.9% of their own “employees”. Yes products are sold but they aren’t the focus and those very products are always grossly overpriced and undifferentiated from competing non MLM comparable products.

[thepianist]

Dave is wrong here. Multi-Level-Marketing is generally NOT fine. Here's why: Someone at the end of the line is going to be left at the end holding the bag. You CANNOT have endless downlines. It is a flawed business model and it's NOT fine. It is a greedy business model.

[gdot]

I love how MLM and/or Network Marketers advocate the fact that you become 'free' from corporate america or become an 'independent business owner' - all while pushing the product or service that's provided by an established corporation.... Not even to mention the expenses that surfaces as you go along in their 'qualification' processes. Challenge me on this if you'd like, I know from experience AND research.

[GlorifiedTruth]

"Should I get involved in multi-level marketing?"
"No."

It doesn't need to be a nine minute conversation.

[anons]

I love how Ramsey says MLM isn't a pyramid scheme, then he goes on to define MLM as a pyramid scheme to a tee.

[SuperTikes]

I like how he addressed the social issues it could cause and how one would have to avoid making everyone they meet a potential recruit. I had a good friend like that who tried to recruit me into a MLM opportunity and I felt almost like I should do it for the simple fact that I trusted him and he was my friend. Note to all salespeople: Quit using social pressure to recruit your loved ones or they may not be there for long. Over time, I felt more like a business opportunity or benefit to him than his friend. =/