MLM Scams And Pyramid Schemes
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What is an MLM, Multilevel Marketing Company or Network Marketing Company?It is simply any company that pays it's members on more than one level. In other words you get a percentage of the sales of any person you introduce into the company. Now that you know this, how many Multilevel Marketing Companies do you belong to?
By the way, which is better, a company that pays on one level only, two levels, three levels or more? I choose "or more"
What is a Pyramid Scheme? A Pyramid Scheme is any organization shaped like a Pyramid. Usually the person at the top makes the most money. Oh, doesn't that sound bad, or does it? Do you know any companies that are shaped like a Pyramid where the person at the top gets paid the most? Are they scams?
Examples of Pyramid Schemes are the Army, the Church, the Police, your Insurance Company, your Schools and Government. Probable any company in the world. Yes, they are usually shaped like a pyramid with heaps of people at the bottom trying to get to the top. Why? Because the guy at the top makes the most money! Where does his money come from? What do they sell? Think about it.
Most of them sell things you can't even see, touch or smell. Some take your money without even asking, some give you the product after you die! But that's OK, isn't it? They are legal everyday neighborhood organizations.
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