MLM Opportunities

MLM or Multi-Level Marketing also known as “Direct Marketing” or “Network Marketing” has been around for a long time. However, there are concerns about the legitimacy of certain MLM programs that are no better than pyramid schemes. However there are several legitimate MLM programs that one can participate in to generate a primary or secondary income.

According to Wikipedia, the FTC warns that “Not all multilevel marketing plans are legitimate. Some are pyramid schemes. It’s best not to get involved in plans where the money you make is based primarily on the number of distributors you recruit and your sales to them, rather than on your sales to people outside the plan who intend to use the products.”[29] and states that research is your best tool, giving eight steps to follow:[29]

  1. Find — and study — the company’s track record
  2. Learn about the product
  3. Ask questions
  4. Understand any restrictions
  5. Talk to other distributors (beware of shills)
  6. Consider using a friend or adviser as a neutral sounding board or for a gut check
  7. Take your time
  8. Think about whether this plan suits your talents and goals

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