OFM The OFM Business Hour

‘History has shown that there’s a 95% failure rate for MLMs reps on the ground’

Loading player...
The nature of multi-level marketing structures is that the higher up you are in the pyramid like structure, the more profitable the system is for you. However representatives that are much lower in the chain have historically had a 95% failure rate. This is according to Gareth Collier, Director and Financial Planner at Crue Invest. He says the reps on the ground of MLMs work hard, but that income is channeled up the pyramid.
11 Jan 2024 5AM English South Africa Business · Daily News

Other recent episodes

UFS Business School: Your partner in lifelong learning

The UFS Business School is your partner in lifelong learning, offering flexible, industry-relevant opportunities that help individuals and organisations grow, lead and succeed. Taking you through the varied programmes and upcoming engagements is Prof MacDonald Kanyangale, Dr Cornelie Crous and Adele Louw from the UFS Business School.
5 Aug 4AM 10 min

Trusted Employer Scheme's second window opens

Government has officially opened the long-awaited second window for corporate employers seeking to become part of the Trusted Employer Scheme (TES), expanding the programme to create a faster, more predictable pathway for companies seeking to bring critical international skills into the country. Marisa Jacobs, Managing Director at Xpatweb, says this…
30 Jul 9AM 13 min

FNB explores South Africa’s retirement reality in survey

FNB Wealth and Investments has unveiled the fourth instalment of the FNB Retirement Insights Survey on the 16 June 2026 at the Goodman Gallery in Johannesburg. Now in its fourth year, the survey tracks how South Africans think about and plan for retirement, offering a comprehensive view of shifting perceptions,…
24 Jul 2AM 8 min
All episodes