A high school friend of mine contacted me out of the blue on facebook after probably 20 years. He had gotten on early with an MLM that made it big and one of them had such success on the platform that he had made multiple appearances at their national convention to give a testimonial to how it changed his family's lives. Mind you, this is a guy who was 2 years from being able to retire with a pension from the chemical refinery he worked at.
I laughed, told him I wasn't interested, and warned him that he didn't own his network: that the MLM could take it from him at any time, and it's why most of the experienced salesmen I knew lived well below their paychecks. He grew very upset, told me I didn't know what I was talking about, and basically behaved as if I had insulted his religion.
Well, half a year later I was laid off and found a new job with a marketing automation firm. On my second day, we had an all hands meeting where they were announcing that the MLM he worked for would be immediately breaking contract and leaving our platform because they reached a settlement with the DOJ over their methodology. Effective immediately, they were going to a distributor model and ceasing all payouts for network related sales.
I knew his world was going to collapse before he did. In the end, he had to sell his house and most of his possessions, his wife divorced him, and he tried to break back into the MLM world but could never get anything started. Nobody wanted to hire him for a traditional sales role because they regard MLMers as lazy and dumb. He's back at another chemical refinery, hoping to work there for another 20+ years to earn another pension.
> 2 years from being able to retire with a pension > [..] > hoping to work there for another 20+ years to earn another pension
I don't understand that... If he was two years from retiring, then he only needed two more years of salaried employment somewhere lese - didn't he ? What country did he live in ?