Network marketing (also goes by the name MLM, although not all network marketing companies are MLMs) has often been knocked as scams and pyramid schemes (most times by people who failed at them). Most people do fail at them, which leads to this. Often times, you will get pitched to you an MLM that promises you the moon, and then tries to have you sell products you can buy at your local supermarket or health food store for more than 50% off. I could name multiple possible ones I feel are scams, but that is not the point here.
Despite all this, is network marketing a scam? While prone to scams and where the entire idea becomes to make money recruiting, network marketing does offer you a chance to make legitimate money, if the products and/or services the company is offering is one you feel is worthwhile. Of course, there are some who will pervert this and speak of how much earning potential is there, and show the "Hall of Heavy Hitters" to get you thinking that you can do it (without any training, just sign up).
But, I will say network marketing is NOT a scam. It can be a legit opportunity to make money. Not all will get you rich, but if you acquire the right skills, you can make money. And, if you find a legitimate list of products and services, you will be doing a favor for people you provide these products and services, beyond the get rich quick bit.
Thursday, April 5, 2007
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