You need to learn how to avoid Multi-Level Marketing Scams
Multi-level Marketing also called Network Marketing or MLM for short is a business model that has been around for a couple of years and keeps evolving on a daily basis. Robert Kiyosaki calls it the Business Model for the 21st Century, But this business model has been one of the most scrutinized because people wonder, how one can start with nothing (or little investment for product purchase) and turn out a millionaire in just a few years. Notwithstanding these situations, MLM companies are springing up and growing bigger on a yearly basis, which shows they are succeeding. But even with the success comes with a lot of Multi-Level Marketing Scams.
Successful companies never stop researching and discovering new ways to enhance their business models rather of sticking to outdated models. As expected, these successes of multi-level marketing as a whole is being exploited by scam artists, who end up giving the industry a bad name, that’s why I writing to educate you on how to avoid Multi-Level Marketing Scams. Multi-Level Marketing Scams are disguised to be very similar to a honest and ethical Multi-Level Marketing business.
The most important thing to remember when joining any Multi-Level Marketing business is how to distinguish between a legitimate opportunity and a pyramid scheme. It is not as hard as you think. Unlike legitimate MLM businesses, pyramid schemes succeed by offering the same structure but without any product or company to endorse them. Multi-Level Marketing Scams offer a business marketing set-up, which is meant to entirely fool the prospective clients until the poor victims invest a certain amount of money. After recruiting members and pocketing all their money, the company suddenly disappears and then moves on to catch new victims using another scam plan.
If you want to avoid Multi-Level Marketing Scams, there are ways to find those legitimate multi level marketing companies.
1. Carry out a due diligence by doing a background check on the company you are about to join. It should have a physical address, contact numbers (telephone numbers), and a website. Make sure it is legally listed and has been operating or in existence for a long time. Be sure to know who the legitimate owners of such company. Check backgrounds of the names referred to you as scam artists can easily use them although were actually not affiliated with the company.
2.) A good sign that the company is legitimate if there are products existing. Even at that, be sure that you checked these products and where do they come from. Find out if the company develops and owns the products and if they have them in abundant supply. Be aware that some scam artists may present products but in reality, do not have them in large supplies.
3.) Another way to find out if the company is operating a legitimate multi level marketing business structures is how big the operation is going on. Large companies may operate their business through the whole nation, abroad, and even worldwide. Always be sceptical if the company is small. Though they may not necessarily be scams, it is often a good idea to always check on the operations of the company so as to make sure you don’t end up being defrauded.
I know what it feels like to introduce people to MLM opportunities you thought were genuine, only to discover they were simply scams, I have had that experience in the past and it doesn’t feel right, so I have vowed never to be fooled again. That’s why am sharing this with you. I am with a company called Natureline Solutions – I invite you to do your due diligence on this company and let me know what you think?
You probably have a deeper knowledge of this topic, we ll be glad to learn from you.