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Many
people question the
ethics of MLM. They
claim that the people on
the top get all the
benefit from the people
working below them,
while the people below
don't get much if
anything at all. Nothing
could be further from
the truth!
Think
about where you work.
Isn't it true that the
boss is raking in the
big bucks out of the
money YOU are making for
the company? And if
there is cutbacks who is
the first to go?
Definitely not the boss
and probably not his
bonus.
With an
honest MLM, you can
easily make more than
the boss if you put the
effort into it. He gets
a little bit from your
sales, but you get the
lion's share.
But
isn't this just a big
'pyramid scheme'? Yes
and no. Anyone who works
a conventional job is in
a pyramid scheme. Every
company, army, and
government in the world
is built on the pyramid
concept. However, with
multilevel marketing,
you aren't held back by
the people above you
like you are in a
conventional job.
With an
MLM, you can build your
business as large and as
profitable as you want
it to be.
So, what
is a Pyramid scheme?
These
illegal scams involve a
large number of people
at the bottom of the
pyramid, all of them
paying money to a few
people at the top. Each
new participant pays for
the chance to advance to
the top and profit from
cash paid by others who
join down the line.
Pyramids resemble a
legal MLM in structure,
but there is an
important difference.
Pyramid schemes seek to
make money from you,
while multi-level
marketing seeks to make
money with you. The
Direct Selling Education
Foundation suggests
that, before you sign up
with a company, you ask
yourself these three
questions:
1) How
much am I required to
pay to become a
distributor? An MLM
company will generally
charge a small start- up
fee. Pyramid schemes
make most of their money
from signing up new
distributors, so their
start-up charges are
often very high. These
start-up fees may be
called many things and
you may be told they are
required or are
recommended purchases
for training, computer
services and product
inventory.
2) Will
the company buy back
unsold inventory? Honest
companies will usually
buy back any products
that you fail to sell.
Bogus
companies will stick you
with the inventory.
3) Are
the company's products
sold to customers?
Pyramid schemes
gain nothing by actually
selling a product and
often don't sell
anything at all. They
focus only on gaining
new investors. Be wary
if you must start by
buying a large amount of
product. Also, take a
good look at the product
itself. Multi-level
marketing depends on
quality products that
are well-priced; pyramid
schemes do not. Pyramid
schemes are much like
chain letters; they
require mathematical
gymnastics that cannot
possibly work. Pyramids
always collapse in the
end, and only a very few
(usually the con artists
themselves) make any
money on them at all.
As with
any other investment,
before you commit ask
questions about the
company, its products,
start-up fees, buy-back
policies and its
earnings. Take your time
and investigate any
information you're
given. Talk to other
investors and research
the company. Don't act
hastily!
Paul Marsland is an
independent distributor
for a multi-level
marketing company with
25 years of experience
and trading in 59
countries worldwide.
Along with his wife
Annette they run a
successful MLM business,
full time from home,
around their young
family. For more
information please go
to:
http://livin-the-good-life.biz/?refid=arthub-567885210
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