Pyramid Scheme vs MLM
People I come across regularly misunderstood the different between the "Pyramid Scheme" and 'MLM" (Multi Level Marketing also known as Network Marketing). I would like to help to clarify the different between these two. Mainly the differences are in the way how the business operate.
"Pyramid Scheme" also called the "Ponzi scheme' is illegal worldwide! The entire purpose of a "Pyramid Scheme" is to get your money. They are primary from enrolment fees, and then use you to recruit others, so you can get theirs and so on.
"MLM" (Multi Level Marketing also know as Network Marketing) The entire purpose of a "MLM" is to market and sell products through network of people. There're hundreds if not thousands of such businesses with different products operating under Network Marketing plan worldwide since the "California Vitamin Company" formed in 1939 and re-branded to "Nutrilite" by Carl F. Rehnborg.
Unlike the "Pyramid Scheme", 'MLM" business have their own unique products and services marketing solely through their own network of distributors. There's no middle men like 'Global Distributors', 'Wholesalers', 'Retail Outlets'. The products and services are provided from the source and directly to their registered distributors, who are solely responsible all the sales and marketing, but mainly conducting their sales through person to person.
"MLM" - "Network Marketing is the only industry that allows common people to earn millions with a minimal investment and zero overhead, coupled with total time freedom and the joy of global travel. There are three magic words that worked for all of us, who has made it to the pinnacle and they will work for you too: 'JUST DON'T QUITE" "- quote by Mark Yarnell
"If I would be given a chance to start all over again, I would choose Network Marketing" - quote by Bill Gates
"The future of the Network Marketing is unlimited. There's no end in sight, it will continue to grow because better people are getting into it...... soon it will be one of the most respected business method in the world" - quoted by Brain Tracy
"The riches people in the world look for and build network. Everyone else looking for a job" - quote by Robert Kiyosaki
"MLM" - Network Marketing is big money!
NFL is a 9 billion dollars industry
Video gaming is a 50 billion dollars industry
Music is a 70 billion dollars industry
Movie / Entertainment is a 110 billion dollars industry
"MLM" - Network Marketing is a 114 billion dollars industry
For me since I got involve with MLM, I never say below again for the past 7 years:
Thank's god it's Friday
Is it 5 O'Clock yet
I need a holiday
I need a pay raise
I'm calling in sick
I need a day off
Is it lunch time yet
Don't call me at work
I hate Monday
Set the alarm for 5am
I don't spend enough time with my family
So what are you doing in your life? Ask yourself the following questions:
Where you are at today in terms of your career and income?
Are you better off today than 5 years ago?
Where will you be 5 years from now in terms of your career and income by comparing from today?
Believe me, I was in the same shoes you are at 7 years ago and I am free from time and money today thanks to the MLM business. I am happy to share knowledge and ideas with you. Just message me on - m.me/carydotlam or simply click this link to learn more about what I do = bit.ly/mtfwhatido
Do feel free to share this with your friends and family.
Cary Lam