Finding the best MLM companies can work against you as there is and will always be someone out there who will try to recruit you.
“That sucks, try this one instead”.
I’ve been on the receiving end, and I’ve also been the one to give such advice.
Although I might have had good intentions, the fact that I did some bait and switch-type marketing is not cool in anyone’s book.
The truth of the matter is this.
There is not one single best MLM company that fits everyone.
What works for one might not work for someone else, and that’s just how it is.
One person might like makeup, and one, well, probably doesn’t and shouldn’t be using it.
Another might benefit from some weight-loss MLM, while another could probably use some weight-gaining product instead.
I think you get my point.
So what makes one MLM better than another?
How would one company make the list of the best MLM companies, while another doesn’t?
That’s a reasonably easy explanation, but you can read more about that after we get into these companies.
For now, here are the best MLM companies for 2020 and probably many more years to come.
1. Melaleuca
If there’s one company that has it all, this is it.
Melaleuca has been around since 1985, and there aren’t any signs of them slowing down either.
And if you want to talk about catering to the masses, you can see that for yourself by going to the Melaleuca marketplace.
I have been with several MLMs in my life, and Melaleuca is one that I ended up joining twice.
I am no longer a member, but I still believe that this is the best MLM company for anyone looking to get into some network marketing.
You can read a full review here to learn more about the company and what they have to offer.
But with over 400 products to choose from, you’ll see why I think this is one of the best MLM companies in the world.
2. Amway
Amway is the first MLM company that I have ever heard of in my life.
I was around 11 years old, and my older siblings were involved.
They were young adults, in a suit and tie, that met up with people at Wendy’s and other restaurants in our area.
They were involved with Amway, but I had no clue as to what it was.
I was exposed to the terms “Diamond” and “Ruby,” as well as acronyms like “PV,” which has stuck with me for more than 30 years.
They were doing what I knew nothing about, and that was running a home-based business.
Amway was that company and one that still exists today.
But are you too late?
I disagree with anyone who says that it isn’t wise to join an MLM that has been around for a long time, and it’s companies like Amway that give me that thought.
I mean, think of all the little kids like myself that knew nothing about MLMs and who could be a potential downline.
I know, it makes perfect sense.
And heck, these guys even own the Orlando Magic and the oh so lovely Amway Center.
3. Beach Body
Let’s step away from household products and vitamins for a minute.
Beach Body is a one-of-a-kind MLM that is on this list for a reason.
They are in the health and fitness industry, and they have products that don’t suck.
On top of that, most people don’t even know that they can make money from these products.
So if you’ve heard of or bought Insanity, P90X, or Piyo, you could’ve made some money.
I mean, someone could’ve made money by having you purchase that product through you.
How cool is that?
Well, that’s what you can do as a Team Beachbody Coach, so do consider this as one of your MLM business ventures.
Whether you are in shape or not, there is a business to be made with Beachbody.
4. Herbalife
From the living room and gym, let’s head on over to our love handles.
Herbalife is one MLM company that I have dodged for a long time.
It only got started in my area about two years ago, but I didn’t know that Herbalife has been around since 1980.
Yikes!
We all know that age is a big deal when finding the best MLM companies, and that is one of the better reasons to add Herbalife.
Not only have they been around for decades, but they have products that people are looking for.
Some might be turned off with the business side of things but show them what the products can do, and you might have a solid business.
5. Tupperware
If you don’t know what Tupperware is, then that’s probably a great thing.
I know I mentioned that Amway was the first MLM business I heard of, but Tupperware introduced me to the first MLM products.
My mom got all these Tupperware products from my aunt, and I don’t know where else, but that’s how I encountered them.
And even up until now, we refer to every plastic container as “Tupperware.”
So if you want an MLM with a household name attached to it, Tupperware is it.
I mean, when something like Grammarly understands what Tupperware is, you know they’ve been around.
Now get this.
Thinking about all those plastic containers got me set on what Tupperware is.
However, it wasn’t even those containers that I first saw.
It was a toy called “Shape-O.”
Yup, that’s what it was and is the only toy in the Tupperware kids and toy section.
So if you want some age, trust, real products, and something people want, Tupperware is one to consider.
Oh, and if you’ve ever seen that toy, please do share your thoughts in the comments section below.
6. ACN
After hearing about Amway and joining Melaleuca, ACN was the first real MLM that I wanted to join and be serious with.
I liked the fact that they’re offering electricity and gas.
I was introduced to this by a “friend” on Facebook and boy, was I excited.
Being I was at work, I took a break and got on a call to see how I can get started.
All that excitement, just to find out it wasn’t allowed in my country.
Bummer.
That’s for me, though, so for those of you who can join ACN, this is your chance.
Who would’ve thunk that electricity and gas could come in the form of an MLM?
Well, that’s what we have here, along with several other services that we use.
Internet?
Cable?
To me, this is an easy sell but do still ponder on this one as it is still going to require some recruiting.
ACN was started in 1993, so you can rest assured that these guys got some miles on their shoes.
7. doTERRA
I have never been a fan of any kind of essential oils, and that’s just me.
Melaleuca had them, and it didn’t do anything to me.
Now that’s me and not the millions of people who think nothing like me.
One of those people just so happens to be my neighbor.
On my way back from a run, we just so happened to be walking next to each other, and I got into a little chat.
I saw her license plate that said “do oils,” and I immediately knew that she was a rep for doTERRA.
Of course, I asked about it and ended up going home with two little samples.
One was supposed to make me sleep better, and the other was supposed to make my memory better.
I didn’t feel any significant changes right off the bat, but now that I think about it, my memory has improved.
I’m not going to give doTERRA all the credit, but they do have a good track record, and they have been around for almost a decade.
If there’s one essential oil company to join, this is one of them.
How We Picked the Best MLM Companies
Like I mentioned earlier, there is not one company that fits everyone.
Now for the record, I am not even a fan of MLMs, but I did get involved with several.
I also had success with them, but I wasn’t so comfortable with the way it worked.
I mean, getting someone to join a company so that YOU can make money is not the cutest thing and is not very honest.
But regardless, we need to understand that SOME multilevel marketing companies are legit.
It is a thing and one that people are making some good money from.
Of course, the ding dongs at the top are making most of the money, but at the very least, it allows for the average Joe to make something.
Kapeesh?
Now let me show you how we decided on what makes this list of the best MLM companies.
Real Products
I don’t care what you say about a company, there has to be actual products or services that one can benefit from.
Without one, you might very well be dealing with a nice little Ponzi scheme.
Now some companies had the best compensation plan, but the products were all that was needed for them to come up short.
As a multilevel marketing company, sure your focus is mainly going to be on getting newer members to join.
However, that should not take away from providing a legit service or great products that can benefit us.
No real products mean no-go in our book.
Solid Reputation
Age says a lot about any company, and that is a huge factor when deciding on the best MLM companies.
If a company has been around for less than five years, they, of course, have no history or statistics to prove their worth.
And from what we usually see these days, it’s never a benefit to anyone if we were to speculate on whether or not a company will last simply.
This is especially true when it comes to travel MLM companies, so that’s another reason why they rarely make any top lists.
Sure they can have all kinds of crazy conventions and lots of hype, but what good is all that hard work if a company shuts down after just three years?
It happens a lot more than we know, and that is why you need to be careful when starting an MLM business.
Winning Percentage
It’s hard to tell which companies are winning but is still a factor in making the list of the best MLM companies.
With a 44% dropout rate from MLM participants, one can say that it’s the individual’s fault why they didn’t achieve success.
But dig deeper and even go with those that stay for more than five years, and you will see that an even more alarming rate makes little to no money during their stay.
Yup, it is said that over 95% fail with MLM, but it is very likely that it is pushing more above the 98 percent mark.
Now picking a company based on these statistics alone is no easy task as they are all very close in this race.
What we did look for is how many people quit and how much they lost.
Most will already lose the MLM battle, so it’s really on a matter of keeping the loss to a minimum.
Now there are more things you should know before joining an MLM, and I want to share them as well.
Find What Works For YOU
There is no such thing as “the best” when it comes to MLMs.
You are different, and so is everyone else.
Even if I were to build a list of the best MLM companies according to revenue, the top company would probably not be the best fit for you.
If you don’t like or need any kind of weight-loss product, it makes no sense to join a company that offers one.
And just because someone introduced you to a company that they like, does not mean you need to follow them.
It’s a Dog Eat Dog MLM World
I don’t care what company it is that you get introduced to. Everyone has one goal and one goal only.
To get you to join them and their MLM business.
No, they don’t want you to lose weight.
No, they don’t want to give you better products for your home.
Yes, they want you to join them so that they can feed their kids.
It doesn’t work any other way and also why I don’t prefer the network marketing business model.
It also makes things easier when you have things like affiliate marketing, which allows you to sell other people’s products to earn a commission, rather than recruiting humans.
Having others join you for the sole purpose of you making money is one thing, but it doesn’t stop there.
People Come, and People Go
A huge problem with being involved in network marketing is that feeling like you’re on a treadmill.
You can have ten people under you today, and they can all disappear the following month.
That’s like getting fired from the two jobs that same day.
It sucks, but it happens a lot.
But what sucks, even more, is how the top earners of several companies are still struggling financially, even with hundreds of reps under them.
If they’re struggling, just imagine how the people at the bottom look.
It’s not cool, and that alone should help you decide.
I almost added Lularoe to this list and decided otherwise because one of its top reps was in debt, even if they were at every event.
The numbers don’t lie and are why you need to consider several factors before making any decisions.
Now the biggest problem with all this is no shocker.
You Will Break Relationships
Introducing an MLM to family and friends is like bringing home a stray animal.
They don’t care for it, but they feel for the critter and you.
They will join you to try things out and help you, but you know that they will not last longer than a couple of months.
And if they do, we might just have a problem.
Now, what happens after that is what you need to think about.
MLM gigs have torn apart families and have destroyed BFFs.
I don’t’ usually care what others think, but things are different when it comes to MLM.
You don’t want to be going around everyone being known as the “pyramid scheme” guy or gal.
It’s a good learning experience, but multilevel marketing is one very unique opportunity.
Conclusion – Think Long and Think Hard
Although we have the best MLM companies right in front of your face does not mean you need or should join any of them.
They all will still require you to go out there and find a way to get others to join.
Whether it be some fancy facial cream or everything and the kitchen sink, you will need to put on your recruiter hat.
It’s not the best job out there, but it’s necessary in the world of networking and making money with that network.
Do understand that initially, you will be excited about two things.
One, you are going to be getting some new products.
They will come in some nice packaging, but they are not going to beat anything that you are already using.
Trust me. They won’t.
Two, the business opportunity will sound amazing.
It sounds so great that you feel that you can go out there and get others to join without much effort.
You have those five people that you are positive will like what you have to offer, and they will join because they like you.
That’s how it sounds, but the results are quite the opposite.
The point is that network marketing is simply not for everyone and that everyone is about 99% of the population.
Although you have the best MLM companies right in front of you does not mean it is your best shot at financial freedom.
