The Unflattering Truth About the MLM Industry
Lead System Network ReviewFor many people, multi level marketing can be summed up as providing both a positive and negative element to the online world. By now you probably know what it is. Basically, it is the pyramid structure that MLM operates on.
You bring in people to promote products, who do the same with other people and it goes on. Money is paid to your people and so on until everyone gets a piece of the pie. However, nothing seems to work in that manner. That is why it is important to learn all of the cold truths about MLM before you get too involved in the system.
People want you to get involved with MLM and work for them. They make the claims that this is the best way for you to begin your very own business. This is such an untruth. Coming up with you own product and then starting your own business is a smarter option. This is better for you financially. You work for yourself instead of someone else. It is your product only. Only you will get paid for your product. The recruiters in MLM are strict about meeting quotas. You have to pay registration and membership fees. In the long run it is much more hassle than it is worth.
They want you to believe that MLM is not a pyramid scam because people are receiving physical products. However, MLM is set up just like one of these schemes. Just because you aren’t sending cash through the mail doesn’t mean that you aren’t getting scammed out of your time and money. The courts had to decide on many of these instances because people could not tell the difference between the real thing and a scam. You cannot sell anymore than seventy percent to a non distributor. If something falls below this ratio it is considered a scam.
You will often hear, usually from the people who are trying to recruit you, that MLM is a risk-free business. This is because if you don’t sell the product that has been delivered to you, you can always sell it back to the company and get your investment returned to you. Most of the the companies that are involved in this kind of program have policies that are difficult to follow when it comes to returning merchandise. They have a limited window in which buy backs are allowed. Normally, you will not receive the full amount back that you paid in the beginning. Almost everybody has wanted to earn money online at some point in his or her lifetime. Your quest for Internet riches will inevitably lead you to MLM websites that will promise to help you make money through their company and their products. Don’t get hooked! MLM can look very tempting - especially when you don’t know how many other great methods of online earning there are to choose from. Don’t waste your time! Find something else to do. This little bit of information is just a straw in a very large haystack. There are many other reasons to avoid these companies as well.
blog url Video view here