5 Best MLM Opportunities In 2024 (In-Depth Breakdown)

Alternatives To MLM?

With all the different types of pyramid companies you find today, you have to ask, have MLMs jumped the shark? 

Some might think so, but why? 

MLMs, or multi-level marketing companies, have been a topic of heated debate, not necessarily for being the absolute worst in the business model but definitely coming in hot with their fair share of controversies.

The crux of their negative image comes from the actions of a few companies that have engaged in, shall we say, less than ethical practices, including offering overly ambitious commissions or peddling subpar products.

A major red flag with some of these companies is their reliance on recruitment over actual product sales for revenue.

A good rule of thumb to determine an MLM’s credibility is the 80-20 rule: if 80% of your income is expected to come from product sales and only 20% from recruiting new members, that’s good!

So, with that said, be leery of companies that:

• Promise easy and high earnings, suggesting you can easily make over $50,000 a month.
• Constantly push for purchasing more products as part of an upsell strategy.
• Imply that not buying additional products negates the value of what you’ve already invested.
• Base the majority of potential income on recruiting new members rather than on sales.

Now, let’s take a wide-angled look at MLMs, keeping in mind that opinions on this business model vary. Some see potential benefits, while others might agree to disagree.

Pros of MLM/Network Marketing:

• They offer a low entry barrier for beginners.
• Some MLMs provide genuinely valuable products.
• There’s a potential for significant money, especially if you join an MLM early on that gains popularity.

Cons of MLM/Network Marketing:

• The industry is notorious for scams and exaggerated claims.
• Joining often requires substantial investment in inventory.
• MLMs have one of the highest failure rates compared to other business models, up to 97%.
• Success often depends on selling to friends and family, which can be hard on relationships.

The MLM Secret That Nobody Wants To Acknowledge

Sit back, because I have a couple of things to talk about…

Story #1: The Dirty MLM Secret That Nobody Wants To Acknowledge

I’d like to take you back a few years when I was in my late teens, I think I was a Freshman in College.  

I was going to a local University, living on campus but I was still about a 30+ minute drive from home, so I could see my parents whenever I needed to. 

Honestly, I don’t like thinking about those times all that much, mainly because my Uncle (my Mother’s little brother) got involved with an MLM company that I’ll call “LifeWaze International”. 

The main premise of this MLM was that they sold just about anything you could think of from skin cream and shampoos to diet pills and nutritional drinks. 

Every weekend I would come home from College to stay with my Mom and Dad for the weekend. We would get together on Friday night to sit around the kitchen table playing cards. 

My Mom and I would go shopping on Saturdays, go to Church Sunday morning and have a huge family dinner with my Grandparents afterwards. 

It was a great time.  

One Friday afternoon, my Mom called me and told me that my Uncle wanted to talk to everyone in the family about something that he was really excited about.  

He wouldn’t go into detail, just that everything would be explained that following Saturday night. 

So, we all got together in the living room, where I saw this display of what looked like fancy department store perfumes and hand lotions, along with sports drinks with a picture of Olympic athletes on the cover. 

There standing by the fireplace was my Uncle with a white board explaining this new business opportunity that he just got involved with. 

He started drawing circles, writing down numbers, and answering a whole bunch of different questions that everyone but me were asking him. 

After the meeting was over, I helped my Mom and Grandma start cleaning things up in the kitchen. 

When I went back out to the living room, I saw my Dad writing a check to my Uncle for a “product kit”.  

Later that night, after everyone went home, I asked my Dad what he got and he told me that it was something just to get my Uncle off his back. 

I came to find out that my Dad had also joined LifeWaze and was going to start buying their products because my Mom was interested in improving her health. 

Of course, my Mom was sick or anything, she just wanted to look younger and get in better shape. 

A few months later, I decided to do some research on this company to find out a little bit more about the products just to find out that they were under investigation by the FTC for wild product claims and some underhanded business dealings. 

Turns out, my Uncle had purchased over $5,000 dollars worth of the products when he heard about the FTC lawsuit and was afraid that he was going to be left holding the bag. 

He did manage to sell off about half of the products he had in inventory either to endline customers or as product kits for recruits.  

Once everything came to light, my Mom and Dad nearly disowned him.  

Even though he apologized for everything, his standing with the family never really recovered and to this day my Mom rarely brings him up during family get-togethers. 

Now, I say all that to say this… 

For many years, even since the mid 50s, MLMs have had a stigma attached to them.  

Many companies have been hit by the FTC, and while some came through all that scrutiny with flying colors, they still find it difficult to shake that monkey off their back. 

So, while MLMs are technically legal (so long as they sell an actual product or service to an endline consumer), I don’t think I would ever invest my money with a company like that for fear of the proverbial ax that would fall. 

And I wouldn’t want something to happen that would paint me in a bad light with friends and family. 

Story #2: Losing Control

A few years later, I did something that I swore to myself that I would never do. I got involved with a company that sold products with the goal of helping people lose weight and reverse diabetes. 

You see, my Grandfather was a diabetic and I could see the toll that it took on him and my Grandmother.  This was something that I swore I would never let happen to me. 

The only problem was that I was a little overweight myself and I ate foods that would make a 5 year blush. 

Now, don’t get me wrong, the product was great and it really helped me with my sugar cravings, but honestly, my condition wasn’t so bad that a controlled diet and regular exercise wouldn’t fix it. 

But I kept selling the products and making a decent amount of money, about $5,000 every month.  

I was selling mostly to the girls on campus. 

Unfortunately, the school administration caught wind of it from some parents who ended up digging into the company I was with, and the University shut me down and came within an inch of suspending me.   

I guess the specter of MLMs is far and wide reaching. 

So between losing touch with close family members, the issues with FTC investigations and lawsuits, and nearly being kicked out of school… I decided that MLMs just weren’t in my future.  

Today, I focus more on helping people in my community, and in doing so, I’m able to pull in about $20,000 per month and I sleep like a baby at night. 

So, That’s Why MLMs And I Are No Longer Besties

#1: Catching Hell from government bureaucrats

#2: No control over my business

Conclusion: 

Alright, wrapping everything up, here are three paths you might consider if you’re all in on rolling the dice with an MLM.

Path #1: 

If you’re fine with a higher startup fee and don’t want all the hassles from the FTC, then I would suggest going with LifeVantage or Enagic.

Path #2: 

Just testing the waters without going all In?

Pampered Chef or the Amway could be the way to go.

Let’s be real, MLM has its perks.

Just take a look around. MLM isn’t just fluff; it’s a solid strategy that real businesses use to connect with customers everywhere.

It’s legit valuable.

I’ve got this girlfriend from college who’s killing it with MLM, even got a shoutout in Fortune 500, all by selling vitamins to new mothers.

So yeah, it definitely works.

Just keep in mind that with MLMs, you’re buying a license to sell their product. If you can deal with that, you’re good to go. 

Path #3: 

Hitting that $5,000 – $10,000 per month mark pronto?

You might want to peek at the Digital Leasing business model.

This strategy’s been a goldmine for me, pulling in over $20,000 a month. It’s not quite set-and-forget passive income, but it’s close, offering a legit way to cash in by genuinely helping people out.

Sure, you might need to actually talk to some real people to reach that $10K a month goal, but it’s worth it knowing it’s a viable route. Plus, it’s healthy to step away from the screen every now and then.

Brand new to Digital Leasing?

It’s basically about renting out websites to local businesses locally that are struggling to grow.

Why I Believe Digital Leasing Is Better Than MLMs In 2024

Digital Leasing focuses on specific services in local cities everywhere. We’re not about to start hounding Grandma about some knife demonstration, although I’m sure she’d love to have you over just to say Hi.

Here’s a quick example.

Take the search term for “Castle Rock Concrete”, a city with around 76,000 people and growing.

Here, you’ll find a bunch of concrete companies catering to the locals.

Getting a site ranked here is way simpler than in a more crowded space:

The competition? Much thinner on the ground.

You’re not battling every direct selling enthusiast who jumped into the same MLM as you.

Even better, you’re up against Joe Blow the Concrete Pro who’s never even thought about SEO (Search Engine Optimization) before.

Dominating and snagging the best leads for your client is a walk in the park.

My mentor cheekily calls it “knocking out 3rd graders.”

With Digital Leasing, you’re looking at making $500 to $2,500 monthly in a semi-passive way over 3 to 6 months.

Here’s the kicker: every new “digital rental” you set up and lease out doubles your income.

And honestly, for some, 3-6 months might seem like forever. There are folks who nail it in just a week!

Back to my concrete site for a sec.

Notice its position? Right at the top of the organic listings.

That prime spot gets the lion’s share of clicks.

This is why I call it “digital leasing.”

This concrete site pulls in $1,500 a month for me, and I barely have to touch it!

Sure, maybe an hour’s tweak once a month to keep things running smoothly…

No venture is totally “passive,” no matter what the experts claim. That’s why I say it’s “semi-passive” income.

The real win? I set my own pace. Want to scale up? I just find more clients and create more digital properties.

Or else, it’s off to Maui!

Skeptical?

Here’s a peek at my call tracker for the concrete site:

Who wouldn’t want to pay for getting 56 potential job leads in a month, especially if you’re a concrete contractor in a small town?

Let’s talk conservatively, and they only close the deal on 10% of those leads (though, in reality, it’s closer to 40%).

That means, with an average job value of $2,000 and closing on just 6, we’re talking about an added $12,000 in their pocket.

Now, if you’re wondering if they’d be up for paying $1,500 for a service that could bring in $15,000 or more, the answer’s a big fat yes. And usually, it ends up being more than just 6 jobs.

Here’s how it works: you pick a specific market, similar to selecting a product niche, rank your website for a highly searched keyword, and then you’re off to land one client in each city.

It’s that straightforward, and the scalability of this business is what makes it so appealing.

What I love the most?

You’re making a real difference.

You’re helping people provide for their families, support their kids’ education, and just make life a bit easier for them.

That’s the real win.

Digital Leasing stands out for several reasons:

You see, local businesses are here to stay, unlike dropshipping products that might suddenly become unavailable, or ad accounts that get shut down.

So, what do I do with the earnings?

Expand!

Build more digital leasing properties across different cities and match them with clients. You control your time and income, meaning more freedom for vacations or whatever you enjoy.

And if a client drops out?

I simply find a new one and redirect the leads their way, similar to how a landlord finds a new tenant.

Interested in checking it out?

Click here to check out the Digital Leasing program I recommend. It’s unlike anything else out there, led by two founders with top-tier skills.

Most programs are lucky to have one expert.

If you’re up for hard work, ready to be coached, and eager to make a change, I can’t wait to welcome you on board.

It’ll be a life-changer for you… just as it was for me!