Sunday, January 30, 2005

Legitimate Business or Pyramid Scheme?

Just ran across an article here: http://www.abs-cbnnews.com/NewsStory.aspx?section=Business&OID=67234

that I snipped the quote below from. It's about 2 companies that claimed to be MLM but were actually illegal pyramids.

There are many people who automatically think MLM companies are pyramid schemes...you'll find most press includes the word scheme in relation to MLM, so is it any wonder? Even this quote does just that:

"Using the MLM or networking scheme to sell products or services is not illegal. But when the scheme is used in a way that income is generated primarily from recruiting others into the company instead of selling products, then it becomes pyramiding,” Cristobal stressed.

But because it clearly states what practice is illegal - being paid to recruit, rather than move product - it is worth posting here.

If you are interested in understanding the MLM business model, watch the "Brilliant Compensation" video at MLMWorkAtHome.com

Little Interruptions While Working At Home Are...

  • Inevitable - my child needs and wants my attention.
  • Frustrating - you give up a lot when you become a parent.
  • Better than having a boss!
  • Much better than having someone else raising my child - No day care costs, and she's never sick. Hooray!
  • Refreshing - I get forced breaks I deny myself while working alone.
  • Frequent reminders of what's really important - Who wants just a successful business? A happy family is my main priority.
  • Inspiring - sometimes I'm so focused on trying to get something done, I loose perspective. An interruption that changes my focus completely is often just what I needed to revitalize my writing.

_________________________________

Tracy Austin is the owner of http://www.mlmworkathome.com/

Network Marketing Success Training from MLM Work at Home

Network Marketing Success Training from MLM Work at Home