MLM vs Pyramid Scheme
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MLM vs Pyramid Scheme
Fraudulent pyramid schemes — like Ponzi schemes — are illegal but often try to disguise themselves as MLM (multi-level marketing) programs. Traditional MLM programs are legal because there is a real product that is being sold through the channe
Mar 4, 2010
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disadvantages of multi-level marketing (MLM) include: High initial investments Pressure to sell and recruit Limited control Pyramid scheme accusations High turnover rates 99% of people who join MLM companies lose money 90–99% of distributors receive good amount as commission per year Some people may lose everything they invest #investments #PassiveIncome #finance #financetips #mlm #networkmarketing #income | Gaurav katare
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disadvantages of multi-level marketing (MLM) include: High initial investments Pressure to sell and recruit Limited control Pyramid scheme accusations High turnover rates 99% of people who join MLM companies lose money 90–99% of distributors receive good amount as commission per year Some people may lose everything they invest #investments #PassiveIncome #finance #financetips #mlm #networkmarketing #income | Gaurav katare
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