Any MLM, just like any business, needs to be researched
extensively before anyone even thinks about joining. There are a
lot of scam MLM companies in every country.
The problem is with distributors and prospects who only see the
"quick money" and let their emotions and excitment get the best of
them. If you have blinders on and believe what ever it is other
distributors tell you as fact without asking the tough questions or
doing extensive research then most likely you will get
burned.
I have been in the MLM industry for 17 years. I have been burned by
more than one company. Everyone of the MLMs that I was scammed with
I did not do any deep research on before I joined. I did not ask to
see financials. I did not look for a history of success. I did not
ask to see the leaders checks. I did not read the signs. I simply
jumped in because I was one of the first or because the company was
new and created a buzz and because I believed what the so called
"leaders" told me. I let my emotions take over.
I read a lot of stories on this forum about MLM being the devil and
bad and evil and so forth. MLM the business model is sound and
successful. It is companies that stray away from this model and
distributors that do not do their homework that is the
problem.
I have been very successful in Network Marketing (MLM) for many
years now and it was not by getting my friends and family or asking
somoene to fork over $500 or $1000. I have helped hundreds of
people create financial freedom. One person at a time. One day at a
time. One hand shake at a time.
It is not MLM that is the problem - these crooks and distributors
who steal from people would do the same thing if they were in
another industry. It is all about ethics and morals and character -
you either have it or you dont.
