This is part 4 in my series What is MLM? In each part of this series I have addressed the benefits of MLM as a business model as well as some of the pitfalls that come with it. In this video I discuss:
- Minimum start up capital – both a blessing and a pitfall. A blessing because you do not need a lot of money to commence and a pitfall because then too often it is not treated like a business.
- Sweat equity – you need to put in work and effort to build a business.
- The small start up cost means you do not have to put other assets at risk to get started.
If you have not caught the other posts in this series they can be found at: