I was approached by someone wanting me to join their mlm opportunity. How do you know the difference between an MLM and a plyramid scam??
asked by moneymatters101 2 years ago
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berry-radical-1 says
In a legitimate MLM there must be the ability to earn income from customers. Product must be sold for comissions to be earnt.
In a pyramid scheme the only money is in constantly recruiting new members.
MLM vs. Pyramid... an unbiased view
Ok, let's jump right into the middle of this issue. There is essentially no difference between multi-level marketing and pyramid structures in theory. There, I said it. "Pyramid" schemes differ in this one... keep reading →
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How do you tell the difference between a Pyramid Scheme and an MLM? Read on to find out. keep reading →
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Many people are looking for a real way to make honest money using the Internet. Some try eBay, some try setting up a business based on a brick and mortar shop, but some become in MLM (Multi Level Marketing). ... keep reading →
Is It MLM or a Pyramid Scheme?
The big difference between MLM and a pyramid scheme is in the business' operations. The entire purpose of a pyramid scheme is to get your money and then use you to recruit other suckers (ahem - distributors).... keep reading →
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