Thread: Mlm???

O.K. I'm new to this whole internet investment thing. . . . .what the heck is a "MLM" ?


-Alan

Multi Level Marketing

Multi Level Marketing:


The term has a bad name yet it is no different to being the owner of a small company and then hiring the right people to manage growth ie Chairman: 4 Directors: 10 managers: 80 staff etc...

The main problem is that MLM is cheap to enter, making it accessible for all, however 'all' do not want to work at building a company, which, in essence, it is.

Also it is not quite the same thing as ' the whole investment thing' as it requires work and recruitment of other members.

Hope this helps

Sailingdom

Everyone is paid by the work people under you do! They usually only pay so many levels deep and then stop paying!

Am I correct in assuming "MLM" is nothing more a "Pyramid" scheme?

Originally Posted by ox1216

Am I correct in assuming "MLM" is nothing more a "Pyramid" scheme?

Yes.....that is correct........more or less.

Thread moved to general chat.

Marek

lets get one thing straight here, pyramid schemes are illegal and often have no substance so many fail, a true mlm company will have a 'product' which people use

word of mouth is the oldest form of advertising and very cost effective, infact many major brands now adopt this marketing tool , SKY, VIRGIN, HSBC , CITIBANK to name but a few

O.K. .. . . .. .no problem, I was just looking for a clear understanding of what a "MLM" is. That's all.

Used to love MLM's, actually made thousands per month with other's doing the work or buying the product,

NOW, Passive income all the way. I have to tell no one and can still make thousands per month, and not all my friends and family hate me, LOL!