January 10, 2009

What’s with all these MLM and Network marketing ploys lately?

Filed under Other - Business & Finance by Paul

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Comments on What’s with all these MLM and Network marketing ploys lately? »

January 11, 2009

JistheRealDeal @ 4:34 am

One of the Golden Rules in Life is if it sounds too good to be true, it probably is. Their are no free lunches in the world. Con artists and opportunists thrive off of P.T. Barnum’s truth,There is a sucker born every minute.

Ralf D @ 12:03 pm

Hi Dave, got the same issue. The only one I can suggest is still GDI , solid product, own forum, huge faq area and actually people behind the phones. Any other product I have seen on the market involve huge investments which is not in any way comparable to GDI.

Keep in touch.

January 14, 2009

OnlineMLM @ 8:40 pm

Unfortunately there are lots of schemes and plans popping up daily and I believe there will always be.
Throughout history people have figured out ways to extract money from innocent people.

Sometimes an honest person is looking for a way to earn money but gets involved in unethical and/or illegal schemes. Sometimes people intentionally plan to rip people off.

Since you can’t stop people from coming up with new and innovative ways to scam, it’s best to do research first to find out if the network marketing or MLM plan you are looking at is legit. Some are obvious scams, but others seem like big legit companies.

Take a look at the PDF file “What is MLM” for a good overview of what to look for in a legitimate plan. Network marketing is selling to people you know, but often involves a multilevel commission structure. Make sure you know how to evaluate that structure for legality.

Go on the discussion forums and search the directory for good companies. Some are very successful and others are just scams.

Can you make money in MLM? Yes, for sure, but you have to do your homework, find the best fit for you, and don’t expect to make money without some effort. If you find the right opportunity you can work hard for 3 to 5 years then enjoy income for life without working hard at all.

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