Almost any MLM program you run into is a legitimate business opportunity. There are, though, as with any business, people out there scamming. If you are dealing with a legal and proper MLM program, they will sell products to the public minus extras or hidden costs. They will also allow you to simply buy, and not force people to become distributors. These proper programs will pay commissions to those who sell actual product, not just for recruiting. Just be aware of the program you are joining and that it does not emphasize the recruitment of new members too highly. These are illegal and immoral and can land you into plenty of trouble.
One particular illegal MLM program to watch for is the pyramid scheme. This is a setup where you will likely be promised amazing profits by investing in the program they are promoting. Any money made is done so through the drawing of new recruits into the “business” rather than from retail sales. In fact, many of the pyramid schemes you encounter will indeed pretend to sell products, but reality it is a ruse. One sign to look for if you suspect you are being drawn into an illegal MLM program is that you will not see any real products. Pyrimid schemes are illegal and are surely no way to make any real money. The only people in these programs that are making any money are at the top level of the pyrimid.
There are some other signs you can look for to know if an MLM program is a scam. Watch for plans that seem more interested in drawing in new recruits than in actually selling product. Another thing to look for are companies that make you invest a lot in inventory before you even get started. If you keep an eye out for such signs, then you can avoid illegal MLM programs. There are MLM programs that are n ot only illegal, but immoral as well. Steer clear of any program that sounds “to good to be true”.
Most MLM programs are good ones and they are legit. You can, though, find yourself in scams in a hurry. To avoid such scams, simply watch for warning signs and trust your instincts. Find a legitimate MLM program, though, and you will have your own business in no time. Owning your own legitimate business is one of the best feelings you can get.
April 3rd, 2009 at 9:54 am
Nice writing style. Looking forward to reading more from you.
Chris Moran
April 3rd, 2009 at 10:16 am
Nice writing. You are on my RSS reader now so I can read more from you down the road.
Allen Taylor
April 18th, 2009 at 10:52 pm
You said it right. Owning your own company is better than be in an 8 to 5 work cycle. For a start, a legit mlm program is a thing to watch. Nice post, more insights were tackled.
April 25th, 2009 at 5:40 am
Kathy Baka on Finding a Legit MLM Program | ItCanHappen4u2.com Thanks for posting this blog. It certainly helps all levels of marketers. (lets be friends on twitter http://twitter.com/kathybaka )If you cannot do great things, do small things in a great way.Napoleon Hill
September 4th, 2009 at 12:11 am
Great advice. Another tip i can give is make sure there is a physical office and a dedicated customer service center where you can talk to someone if there is an issue. Too many of these MLM scams are housed in somebody’s basement. Also look for a history of being around. DON’T be a trailblazer when joining a company.
October 18th, 2009 at 5:11 pm
Could I ask, what is your best lead generation strategy? I am trawling the internet looking and learning. I’m getting there slowly. Thanks.