Why MLMs and Affiliate Marketing are not the best anymore - PART 1

MLM and affiliate marketing were once considered the smartest business models. However, they have become second-rate, and relying on them as a primary source of income is unwise for anyone responsible for their own or their family’s financial future.

If you're doing this, you're being naive and careless with your financial future. It’s important to address the high level of naivety I see in this market.

First, MLM and affiliate deals require significantly more effort to make the same money as newer, superior business models that offer 100% profit. It's unintelligent to work four times harder than necessary.

Moreover, these models force you to depend on others for crucial business decisions about the company, product, or service you're promoting.

Here are some stats to consider:

• 20% of businesses fail in the first year.
• 40% fail by the third year.
• 49.9% fail by the fifth year.
• 65.8% fail by the tenth year.
• 73.3% fail by the fifteenth year.

Tying your financial fate to a company and CEO you don’t know, who is likely to fail, is risky. This is why it's important to treat MLM or affiliate marketing as a side gig rather than your main income source.

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