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He brought up some very important points, such as the three types of people who are looking into MLM. However, I have a little problem with his failure mode analysis, where he basically said that if you fail in MLM, it's probably because it's your fault, that you didn't give it all you got.
There seem to be three types of people who are looking to join MLM
1) "Wholesale Customers"
Let us discuss them each in turn.