Multi-level Marketing, Network Marketing, Pyramid Scheme
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By John ML Dierckx in Pyramid Scheme Alert Published: Wednesday, 23 September 09 - 11:28 PM (GMT) |
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Time and time again I see those articles about whether or not multi-level marketing or as sometimes referred to network marketing (MLM) is a pyramid scheme. We all have heard the stories about those companies that offer you a “business opportunity.” In straight terms, these companies usually offer you an opportunity to be self employed whilst building a business is all about recruiting other into doing the same.
In these hard economic times more and more of these schemes are offered in all kinds of shapes and forms to those gullible under financial pressure or in search of “freedom.”
Apparently there are some MLM’s out there that actually are legitimate, yet I have to see the first that is actually offering a real opportunity. Most of the MLM’s out there end up being a money maker for a lucky few at the top of the pyramid and at the bottom there are thousands of “independent business owners,” independent distributors making the money for the lucky few at the top with these “proven systems.” Across the board 90-99% of the people involved in these “businesses” end up making nothing or even lose money. So, you might as well keep working for a boss or keep looking around for something that offers real potential.
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