Chuck Holmes shares his view of the MLM success formula, which involves sticking with one company for 5-10 years and personally sponsoring 100-500 people during that time. He simplifies this into sponsoring one new person per week for five years by talking to five new prospects every day. This weekly goal of sponsoring one person could result in sponsoring over 260 people in five years. The key is consistency and putting in the effort to talk to five new people daily.