Is network marketing a scam or legitimate business? I hear this over and over. All the people who feel that MLM scams are everywhere.
Funny thing. Most of the people who say that network marketing is a scam have never owned an MLM business.
That reminds me of people who give advice to parents when they’ve never had kids of their own.
Is Network Marketing a Scam or Pyramid Scheme?
Scams are usually known as pyramid schemes. These are illegal and not legitimate businesses at all.
Back in the day, there used to be these chain letters that went around. You would receive a list of names and addresses.
Then, add your own name to the list, put two dollars in an envelope along with the list of names and addresses and send it off to the top person in the list.
By some miracle, a bunch of money was supposed to come back to you.
I got scammed, OK? I never received even a dollar!
So much for the pyramid schemes of yesteryear.
Certainly there are modern day scams but network marketing is not one of them.
Is Network Marketing a Legitimate Business Model?
What I love about network marketing is that any person can start their own business for a small investment.
It’s a real business model with real products. You can read Robert Kiyosaki’s book, “Business of the 21st Century” and learn all about why it’s the best business model in today’s world.
Is network marketing a scam if there are real products, a real company, and word of mouth advertising?
I’ve come to the conclusion that MLM has gotten a bad rap for some reason.
Here’s how I see it. If I need a product, I ask my friends in various MLM businesses first. I’d rather contribute to their small business instead of Walmart!
And talking about pyramid schemes, how about corporate America businesses? Those are definitely a pyramid because there is one person at the top and a few more on each level as you go down the pyramid.
You can never get to that top position!
But in network marketing, you can grow a bigger business team than your sponsor and end up making more money than anyone in your upline.
The key to building that successful network marketing business is generating leads on a regular basis.
A consistent flow of network marketing prospects will ensure that you never run out of people to talk to about your business.
So what do you think? Is network marketing a scam or legit business model? Let’s hear it!
Imagine if you could sponsor hundreds of people in your MLM business? This guy did!
Listen to this case study now, as this power prospector reveals his secrets for sponsoring over 1,277 people into one MLM business. Seriously!