Why Join An MLM Business In Today's Economy?
The MLM business scene is heating up entering 2024 as entrepreneurs and business owners are still primarily online due to the recent global health crisis and financial limitations. MLMs are getting a lot of positive buzz heading into 2024 as well with people preparing for more economic disruption and political events.
Network marketing is a smart move for aspiring entrepreneurs, wannabe business owners, and laid off workers that need a low-cost entry into an unlimited revenue opportunity. Multi-level marketing is an opportunity for a lucrative side hustle or a chance to end the 9-5 nonsense that you have been dealing with for your entire professional life. You must be sick of the Monday-Friday grind at the office / worksite, or even having to take a second job just to make ends meet in this economy. Many people have second jobs, side hustles, Realtor work, gigs, and investments just to pay the bills.
Do you really want to work for someone else your entire life or do you want to build something for yourself? Do you want to spend more years of your life helping someone else get rich or do you want to start calling the shots? If you are having trouble answering these simple questions, or know deep in your soul what the real answer is, it might be time to become an MLMer in 2023. MLM, affiliate marketing, and direct selling are your ticket out of grinding it out every week.
Which MLM Company Should You Join?
There is just one main problem with the network marketing industry: there are literally thousands of MLM companies to choose from. And if you pick the wrong multi-level marketing organization, it could end up shutting down... or even worse being declared as a pyramid scheme by the FTC and face class action lawsuits. Nobody wants to be involved in that type of scenario and take a hit to your personal reputation in the process.
Deciding on the right multi-level marketing or affiliate program is nothing to be taken lightly. Should you choose one of the new up-and-coming CBD oil cryptocurrency MLMs, or an old-school network marketing business that has been around for years or decades? Should you pick an MLM company with many products or just a few?
You need to join of of the top MLM companies around in 2023 so you don't waste your time, energy, and money. And you don't want to invest in an MLM business that ends up being declared the next pyramid scheme shut down by the FTC or other government oversight agencies. That is why we are here to rank the best network marketing businesses out there!
Some of these top MLM companies you will recognize immediately, and others are less well-known new network marketing companies on the cutting edge. The leading newest MLM businesses are heavy on CBD oil products and cryptocurrency heading into the 2024 economic landscape.
What Makes A Top MLM Company?
- Financial Stability And Proper Corporate Setup
- Top Of The Line Product Offerings
- Independent Distributor Training
- Proper MLM Structure
- Unique Offering And Energy
- Track Record Of Rep Success
- Publicly Traded, Vetted, And Regulated Business
15 Top MLM Companies Of 2023 And 2024
While there are thousands of MLM companies to choose from, we have compiled the top 15 best or newest network marketing businesses to join today so you can start building your downline. Now without further ado, enjoy the updated 15 top MLM companies you should consider joining in 2023 and 2024.
LiveGood MLM is a rapidly growing new network marketing business that deservers a lot of attention from MLMers. LiveGood offers affordable supplements, coffee, and cannabidiol products for everyday low prices. This is appealing for both distributors, recruiters, and customers that are sick of paying premium prices for network marketing products each month or to join a new company. They want to join a fast-growing and big buzz opportunity like LiveGood to build their business teams and product sales quickly along with 950,000 new affiliate members in the company.
With LiveGood you can really live good by earning up to $2,047.50 per month without having to recruit new members! That is a huge way to boost your wealth while improving your health, along with the health of your customers.
2. Amway
Amway wrote the book on the MLM company structure. That is why it is the largest network marketing company in the world with the highest value. It has product sales and independent distributors in 100 countries, which is half the world! That is an incredible accomplishment, seeing as how dozens of countries ban MLM businesses. Amway can and will survive anything including pandemics, natural disasters, or nuclear war (which unfortunately could be a possibility now). Amway will continue thriving in 2024 despite all obstacles and criticism thrown their way.
3. Market America
Market America has been a leading MLM company for a long time. They offer a very diverse range of products beyond the usual health and fitness products that are a dime a dozen. Market America has it all and is a solid choice for aspiring network marketers in 2024. Shop.com is a multi-billion dollar unfranchised business development system and ecommerce store giant worldwide.
4. Nu Skin International
Nu Skin has been a top MLM business due to its strong focus on beauty and youthful appearance. Everyone in the world would like to look and feel a little better, so their wide variety of high-quality products can satisfy all customers and reps at NuSkin.
5. Tupperware
Everyone has heard of Tupperware around the world. It is a high-quality product that invented and defined it the product line, much in the same way as Kleenex and Xerox have over decades. People have been having Tupperware parties for dozens of years to sell product and recruit new members. It is not the flashiest MLM company but it's sturdy and smart for social reps. The only downside of choosing Tupperware as your MLM business is that they will now be selling a limited line of products at Target and other potential retailers / ecommerce stores, making independent distributors less valuable.
6. Mint Builder
Want an MLM company backed by precious metals like gold and silver? Then Mint Builder is your top MLM company choice for 2024! Gold and silver are stable precious metals that increase in value due to their limited amounts around the world, industrial uses, and hedging against inflation / stock market drops. MintBuilder is a rapidly growing MLM business that could be your golden opportunity! This is an affiliate sales opportunity you don't want to miss out on.
7. Kannaway
Kannaway was probably the first CBD oil MLM on the scene. It says on their company website: “Kannaway’s products combine pure hemp oil and other all-natural ingredients to create daily use CBD supplements.” Kannaway was started over a decade ago now with a rocky start because CBD wasn’t really defined or regulated or classified yet. No one knew really what Hemp was, except maybe “weak pot.” Kannaway has a pretty cool blog which is newly updated with CBD oil related articles. I haven’t heard anything bad about Kannaway. I am a little concerned if they have the new cutting-edge landing pages and autoresponder email marketing system that many new MLMs have today.
8. MyClub8
My Club 8 is fairly new and has exploded onto the CBD scene. Their website states: “New Products, New Hope, New Possibilities.” I discovered MyClub8 from a Facebook post on an MLM forum. I dived in a little deeper and discovered that MyClub8 was growing faster than expected, which has caused internal problems with shipping and distributor satisfaction. (I don’t proclaim this myself.) Other than that, the CBD oil MLM company still seems to be in growth mode for 2024 in terms of more pure profits.
9. My Daily Choice
My Daily Choice (MDC) exploded onto the MLM scene back several years ago. Founded by Josh Zwagil, an MLM veteran, their website states: “It is our daily choices that create our dream lifestyle.” MDC started with a sublingual spray product line, then acquired Brain Abundance and carried their two flagship products, Brain Fuel Plus and Brain Bears, brain supplements for adults and children. MDC also has “cash back” travel packages and now a powerful CBD oil product line called Hempworx.
I personally like MDC because I have enjoyed their products. Also, Josh Zwagil, the CEO of Hempworx and MDC was personally there for me, and even screen shared with me how to work my dashboard. This was of course before he became huge and almost untouchable to an MLM or direct sales newbie. I will always be grateful for him helping me plug into this top MLM business.
I also feel that their automated email marketing system, high commission binary comp plan, and high definition landing pages really help out new distributors to grow their low cost home business in 2023. They have even expanded their product offering to include cryptocurrency, making MDC a leading MLM company for 2024.
Mindset 24 is Kevin Harrington’s (original Shark Tank investor) first MLM company that Pays in Bitcoin Everyone needs “mindset,” especially when you want to create a successful business online. What better person to run Mindset 24 Global than Kevin Harrington from Shark Tank and “As Seen on TV” brands. Kevin is one of the co-creators and investors in the company and will offer a vast library of mindset videos. Mindset 24 Global has several packages you can start at and when you make a sale, you get paid instantly in Bitcoin.
11. USI Tech
USI was founded eight years ago by a group of Forex traders and engineers that created the first ever fully automated trading system that can return you up to 150% ROI on your Bitcoin crypto. Everyone knows that Bitcoin is going through the roof and it’s not going anywhere. Now, beginners and advanced hun investors can relax with their investment knowing that USI can get you phenomenal ROI whether the market is going up, down, or sideways. 140% returns on your Bitcoin cryptocurrency and 35% commissions down 12 levels and it is free to promote for huns.
This is what we have been waiting for MLMers! Here is what a member said about USI: “Hi everyone, so after a crazy 6 months with USI Tech, I honestly couldn’t give it a higher recommendation! I am averaging close to $10,000 USD profit per month with this company and passively earning over 2 Bitcoin per month now with this company. Simply outstanding results with this top MLM business in the industry. Even the anti-MLM crowd can get behind this network marketing opportunity!
12. iCoin Pro
First Ever Cryptocurrency Training Platform that Pays in Bitcoin Founded by Paul De Sousa, an avid cryptocurrency investor, and partner Lloyd Dotson, a financial investment expert, iCoin Pro is one of a kind. iCoin Pro is an educational platform that offers training modules from beginner to advanced about, you guessed it, cryptocurrencies. Each module has a quiz as well, so if you go through all the modules you get a certificate of completion. iCoin Pro is more than cryptocurrency education, they offer flagship training which shows you step-by-step how to earn daily from the booming cryptocurrency market. They also pay in Bitcoin or regular (FIAT) currency in this MLM business.
13. Pure Romance
If you want to spice up your love life ladies and you want to share the excitement with your friends, Pure Romance is the MLM business for you! It is a home party company which specializes in intercourse toys, lubricants and other bedroom items. Founded nearly 3 decades ago, this top MLM company is actually rising up the charts of the “Top Direct Selling Companies in the World” with currently well over 50,000 independent consultants.
Pros of this growing network marketing company include that the products are amazing and there is enough variety of products for every woman, including special shaving cream. Cons of this MLM biz opportunity include that the startup cost is $250-1000 dollars, which is obviously not the best entry price for beginner network marketers. Also, selling products exclusively for active adults can be a harder sell than coffee, dietary supplements, clothing, and other more traditional products. That is not a problem for some independent reps, but other distributors will struggle (especially beginners).
14. Brain Abundance
The Brain Abundance MLM company officially started about 7 years ago. Formed and created by Eric Caprarese and Dr. Pejham Behrouzi to provide a first-to-market natural supplement, called Brain Fuel Plus, this leading MLM business quickly spread into dozens of countries and has over 25,000 distributors. The 13 ingredients were natural and powerful together. They included: Sensoril, Astaxanthin, Rhodiola Rosea, Niacin, B6 & B12, Grape Seed Extract, L-Phenylalanine, L-Glutamine, Resveratrol, Zinc Picolinate, Folic Acid and Ginseng. At $59 a bottle for 90 capsules, Brain Fuel Plus is a legitimate contender in the nutritional marketplace. If these ingredients were bought separately in the store, it would cost over $150.
Also, Brain Abundance has one of the most affordable MLM entry points for people interested in network marketing. At only $59 plus a one-time starter fee for marketing tools at $20, it is one of the most affordable home-based MLM business opportunities in the direct selling industry.
A Brain Abundance Brain Bears product for children about a year later. Brain Bears were introduced onto the market, pushing the envelope again by creating a first-to-market product, this time with a potential marketplace of 2 billion children for enhanced focus and mental performance.
Update On Brain Abundance: Now acquired by My Daily Choice. Former Brain Abundance CEO is also now leading the brand new MLM company LiveGood.
15. Herbalife
Herbalife is one of the largest and most successful MLM companies of all time. They have a powerful product line with big names and diversity, with new high-quality products being added each year. And it is certainly not going anywhere in 2023.
Never underestimate the resilient Herbalife network marketing business. It has survived countless lawsuits, class action suits, stock shorts, negative documentaries (Betting On Zero) but the MLM company has continued to grow and thrive. Its stock price has recently reached a record high and is a relatively safe bet during a down economy. Herbalife is pretty much unstoppable as a top MLM company every year. And now they have expanded their product line to include popular CBD oil products for even more sales potential. Herbalife continues to expand into more countries each year for higher growth markets in 2024..
More Top MLM Companies To Consider Joining In 2024
While the top 15 best MLM companies are listed above, there are other profitable network marketing businesses to consider. Here are some other top MLM company contenders to consider joining, buying from, or investing in:
- IM Mastery Academy
- Younique
- Q Sciences
- Level Thrive
- Hungry Bark
- Truvy
- LivePure
- ByDzyne
- Velovita
- Velovita
- Jeunesse Global
- Arieyl
- Entre Institute
- Sponsoo
- David Allen Capital
- Bank Breezy
- Legal Shield
- Primerica
- Live Pure
More top MLM companies are launching every month, so stay tuned for more new network marketing opportunities in 2023 and 2024!
MLM Business Success Takes Time And Patience
There is a high failure rate in the MLM industry and there's no sugar coating it. Because of the low barrier to entry and a lot of competition, some people join that aren't cut out to be distributors. A lot of people just get impatient and give up within months, especially in 2023 when people have shorter attention spans and even shorter fuses.
Just like anything else in the business, world, MLM success takes time, especially with a new network marketing business or for first-timers. Here is how to stay in the multi-level marketing game when things are hard:
- Love the network marketing product you sell and be satisfied as just a customer. If the business side doesn’t work out, that is fine, you still are a devoted customer. Become the product of the products if you can to maximize your chances of success, as long as purchasing the product line doesn't make you go broke.
- Connect with your MLM sponsor and upline. Communicate your frustrations with your network marketing business, but go easy on the self-pity. Plug into the company training, live streams, Zoom calls, YouTube videos, Slack channels, and Facebook groups. Get plugged in and connected now!
- Keep learning to start earning in multi-level marketing, affiliate sales, and direct selling. When things get tough (which they inevitably will), go onto YouTube and watch some MLM trainers or read some top network marketing blog posts. There are plenty of free MLM resources and sources of motivation or education.
- Don’t switch your MLM companies, at least not unless something catastrophic happens. The grass is not always greener. Stay faithful and committed to one MLM company.
- Get into gratitude. Be happy that you are willing to try something new, like being a home-based entrepreneur. Grateful MLMers are usually more successful and you can still maintain your ambition while showing gratitude.
Nothing in entrepreneurship is easy, especially multi-level marketing success. Put in the work and you will climb the ranks of MLM in 2023!
Join One Of These 15 Top MLM Companies In 2023
Time is ticking to get in on the bottom floor (or as close to the most bottom floor that you can) of these network marketing opportunities. Find the best MLM company for your needs, niche, and skills. Then you can start earning unlimited income, and the sky is the limit for multi-level marketing! It is time for you to make your final decision for 2023, or choose more than one!
