7 Views On MLM – Which Is Yours?

by Lee on December 18, 2008

in Consumer Fraud

Everybody perceives the world around them in different ways and that, I believe, is a good thing because life would be boring if we were all the same.

Multi level marketing is much the same – one person’s scam is another’s profitable career.

Here are 7 ways of viewing multi level marketing -

  1. MLM is a get rich quick scheme
  2. Network marketing offers long-term investment potential
  3. Multi level marketing is nothing more than a pyramid scam
  4. MLM offers a great opportunity to earn from home
  5. Multi level marketing offers people an easy way to get out of debt
  6. It’s an opportunity to make money online
  7. MLM offers long-term residual incomes

In a recent, and on-going, poll here 62% of voters said MLM was a pyramid scam, versus 38% who thought it was the road to financial freedom.

Which of the above do you agree with?

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  • { 8 comments… read them below or add one }

    Jade December 21, 2008 at 12:28 am

    I think most network marketing opportunities are nothing more than pyramid scams as even those with product appear to encourage a lot of front loading.

    Reply

    Lee December 21, 2008 at 10:33 am

    That would be my opinion too Jade.

    Reply

    Mark December 19, 2008 at 8:07 am

    I guess it depends on whether you are prepared to work or not. Some see mlm as a get rich quick scheme and then holla that it is a scam when they fail. Those who work it properly often make good money and residual incomes.

    Reply

    Lee December 19, 2008 at 9:55 am

    I thought 95% of those who work it failed?

    Reply

    Jay December 19, 2008 at 3:24 pm

    True, and there is plenty of history to back up this statement. It’s not a matter of being lazy or ignorant. The system is flawed…

    Reply

    Lee December 20, 2008 at 11:52 am

    Strange how all those involved in mlm can’t see that until they fail though isn’t it!

    Reply

    Sam December 19, 2008 at 12:57 am

    #3 definitely a pyramid scam.

    Reply

    Lee December 19, 2008 at 9:54 am

    Why do you think that Sam?

    Reply

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