Don't Get Caught In The MLM Pyramid Schemes!
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Considering an MLM home based business? If so, it could be a very lucrative home based business option for you, but you should also know exactly whether or not what you are getting into is truly an MLM home based business or something else. Plus, you need to weigh out the positives and negatives of an MLM home based business before you decide that it is the right business for you. Multi-Level Marketing (MLM) is a very highly debated topic. Ask one person and they will say it is all a complete scam. Ask another person and they will say it is the greatest thing in the universe. One person will say, "MLM didn't work for me" and the next will say, "I made millions in my MLM business!" Well, here is the truth behind Multi Level Marketing... The confusing part of determining if your MLM home based business is legitimate is that there are a number of pyramid schemes out there that are dangerously similar to legitimate MLM home based business concepts. Remember, a pyramid scheme is illegal, and getting involved in one can cause you more trouble that it is worth. You will need to do your research into any MLM home based business that you are considering so that you are sure the MLM home based business you are going to run is valid and legal. Usually if your investment in proportionate to the product or service you are selling, your MLM home based business will probably be valid. MLM in and of itself is not a scam, scheme, or anything of the sort. It is a very legitimate and powerful way to do business. In fact, almost every business has at least some aspects or resemblance of an MLM, whether they admit it or not. The problem is that people have a tendency to believe that joining an MLM opportunity is some sort of "magic" thing where they will not have to do anything but sit on their butt and still get rich in just a couple weeks. When that does not happen they are quick to tell everyone they possibly can just how much of a scam every MLM in the world is. The reality is that if they would have just spent as much time actually putting effort in to their MLM business as they did bashing it afterward, they probably would have made a lot of money. These days most people have a negative view of multi-level marketing simply because they do not understand it or they don't fully give it a chance. They just listen to someone they know who says, "MLM doesn't work". Guess what?... No business in the world, MLM or otherwise, "works" or "doesn't work" ....it is the business owner that has to put in the proper time and energy needed to make it work. With that being said you do still need to be careful and do your due diligence before joining an MLM business or any other "opportunity" of any kind because there are many people out there who are just looking to make a quick buck off of you by scamming you. You will also be encouraged to invest more money in training sessions, marketing and sales aids, and motivational events called extravaganzas. Pyramid schemes will focus their attention on the very few people at the top who are making a lot of money when in reality the vast majority of the people in pyramid schemes eventually fail. Failing distributor's money is lost and transferred to those individuals at the top of the pyramid who likely came into the scheme in its earliest years. Protect yourself against pyramid schemes by learning to recognize the warning signs.
experience... it was not "Multi-Level Marketing" that was the to blame. Instead it was most likely that particular company, or lack of effort, or an individual scam artist, or something else along those lines. You can be sure that MLM in general was not the problem! My advice to you, look carefully the company you are about to join and decide wisely. ********* Always Do GoodRemember to always do good in business. The better you can do for people the more successful you will become.Don’t meet expectation, exceed it! Success by choice, not by chance. - Anne-Marie Ronsen Do you have any comments or thoughts about this post that you’d love to share with us? Then please do by using the comment box below. Remember that your comments and thoughts are highly welcomed and appreciated. |
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