Ten Tips For MLM Success : Distributor To Top Leader
Thursday, October 14, 2010Path to Success from A Distributor to Top Leader
MLM, Network marketing is the ordinary person’s best opportunity to make extraordinary income. Well known author, Robert Kiyosaki, says that most ethical MLM, network marketing businesses are like business schools.
They teach people the power of building their own home business, and provide the tools to support that. You must choose the right business for you. Then, work to attain success.
How People Join MML : Increase Your Conversion Ratio
MLM Training : Step To Choose Best MLM Company
Wednesday, October 13, 2010What is Pyramid Scheme : Difference Between MLM & Pyramid Scheme
The main characteristic of a pyramid scheme is that participants only make money by recruiting more members. There are many different kinds of pyramid schemes, but the two most basic are product-based and so-called naked pyramid schemes.
In a naked pyramid scheme, no product is sold. Here's how it works:
One person recruits 10 other people to participate in a "no-fail investment opportunity."
The 10 recruits each pay the recruiter $100.
The recruiter now tells them to go out and recruit 10 more people to do the same.
If each recruit is successful, they'll all end up with $900 in profit from a $100 investment.
Pyramid schemes quickly become unsustainable.
Sounds simple enough, but here's the problem: Let's say the initial 10 recruits each find 10 more people. Those 100 new recruits will have to find 10 recruits each to make $900. That means they have to find 1,000 people willing to sign up for the program. And if they somehow find 1,000 people, that next level of the pyramid will need to sign up 10,000 to make a profit. Eventually, there won't be enough recruits at the bottom of the pyramid to support the level above it. That's when the pyramid topples and everyone at the bottom loses their investment.
Network Marketing Get Rich Quick Scheme : The Hidden Secret
Network Marketing is not a get rich quick scheme. As said for Network Marketing it's a Business not a scheme. There might be Scheme through anyone can get rich quick, but in the whole world there isn't any Business which can make you rich quickly. So beware of these kind of Get Rich Quick Scheme.
Today everyone wants to be get rich quicky that's why these schemes are growing rapidly. You go to any Industry there are Get Rich Quick Scheme so in Network Marketing Industry also. "A get rich quick scheme promises very high returns for little investment within a very short time".