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Everybody gets curious about making money online at some point. Unfortunately, the lure of MLM pulls far too many people in, only for them to learn that they're not making any money and they end up believing that making money online must be a scam. MLM, or Multi-Level Marketing, is all about trying to recruit new people to promote the same things you are in order for you to try and earn a bit of commission from their hard work. This type of business model is inherently flawed, yet the slick advertising for MLM makes people believe it's the best opportunity available. Before you get sucked in to one of these schemes, here are some things you need to know.
If you have been around for some time, you have more than likely heard that MLM opportunities afford you the best possibility of making money. This is absolutely not true. Sadly, less than 1% of those that invest their hard-earned money into an MLM turn a profit of any amount. By simply starting your own business online, you have a better guarantee of making money. What most people do not understand is that MLM is "shaky", an unreliable business model that has a lot of problems. One good book keeping error and the whole system falls apart.
They try to take the heat off of MLM by claiming that it is not a pyramid scam because they are selling physical merchandise. But, MLM is too much like one of these scams not to be one. Just because you are promoting products and not mailing your money to another person, this does not remove the possibility for a scam. The courts had to make a ruling on this because it was so difficult to decipher. You have to sell a minimum of 70 percent to a non distributor. Anytime that the numbers are different, then it is a scam.
It is often that MLM recruiters will tell others that it will be easy to earn money in only a month's time. However, you will this amount of time and more to get things rolling on the business side of things. You have to do your registration, get trained and received your goods. Then you have to get out there and sell actual products. And, as if that weren't enough, you need to spend some time bringing in and training new recruits. It will be a long time before you start to see the money rolling in.
If you are a newbie, MLM looks like a good bargain. This is why so many people who are new to earning money on the Internet get lured into its web. Do not get suckered in. The points made in this article are only the tip of the iceberg of why MLM is not a good bargain. If you looked in the right places, you could find more reasons on your own.
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