POLL: What is Your Personal Experience with Multi Level Marketing Opportunities?

My post yesterday about 12 Things I Learned By 42 That I Wish I Knew At 22 sparked quite a lot of interest in Multi Level Marketing businesses. It generated a ton of spam comments which I thought was interesting, but it also got me quite a few emails about how I was wrong to discount MLM’s. I’m not the only one to do so.

I reminded everyone that these were items that I would go back and tell my 22 year old self based on my own experiences. Your mileage may vary but I’ll bet that if you learned many of the same things, you’d feel the same way as I do.

For the purpose or this poll, a profit is calculated as all revenues less all costs. Costs include your standing order tapes, your books, seminars, gasoline, and anything that your wouldn’t otherwise spend if you weren’t involved in the opportunity.

What is your experience with multi-level marketing opportunities? Here are the results of a two week poll.

• I’ve made a large profit.
1% One Vote

• I’ve made a small profit.
5% Eight Votes

• I’ve lost money.
36% 59 Votes

• I’ve turned down every MLM opportunity.
47% 78 Votes

• What’s a MLM?
8% 13 Votes

Total Votes: 165

The poll is open for only a short period of time. Once it’s closed, I’ll post about the results.
[tags]MLM, multi level marketing, network marketing, money, life blog, weblog, personal[/tags]