There are are shady MLMs. Herbalife isn’t among them.
Here’s one guy who hates them, why I can’t figure it out.
He could start his own business. Why hasn’t Bill Ackman done it?
Ackman is a pomous ass. He is not that great an investor. And he has lost a lot of money the past few years buying into his own crap. The fact is he made some money ten years ago buying companies and breaking them a part. But then that stopped working and he was left holding the bag on a few. Others figured out his game and protected themselves from the likes of the short term hedge fund goofs. Then he started threatening companies and bigger people came along and slapped him down. So he started buying drug companies and forcing them to raise their prices 1000%. The world does not need nor want Ackmans. They are the termites of the investing world.
Read a book on starting your own MLM.
The author said you need to price your product at 6-8 times your cost. Nuff said.