Multi Level Marketing Scams - What You Need To Do To Avoid Them
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Multi Level Marketing scams also known as Network Marketing Scams and What You Need To Do To Avoid Them ...
Multi Level Marketing scams also known as Network Marketing Scams and What You Need To Do To Avoid Them
With the onslaught of companies of recently failed or failing Network Marketing and MLM Marketing programs people are searching for a stable opportunity where they can still be involved and have the expectancy of earning large sums of money without the fear or losing a fortune. That has always been one of my concerns and having been licensed with the SEC in the past there is one phrase in an offer that raises my concern and that is "Interest Rate" or investment which brings up the suspicion that it is being represented as an investement or security and of course one cannot sell securities without an SEC license. One needs to look for a stable company, not a start up, which has been in existanece for some time and does not represent itself as an investment opportunity. If one is going to work to build a successful network they need to know that it is a secure company with stable products which still offers a medium to high income for one's efforts.
The mistake which many new marketers make is that they jump into a brand new start up business because they are told that the ones who get in at the beginning who make the most money which is true with most any business but unless the company meets all of the requirements to stand the test of time then it really does no one any good to get in early because there are almost always losers at the other end.
Is an MLM opportunity YOUR key to making $10,000/mo or more? What do you REALLY do? Can YOU be one of the few who Succeed?
It never ceases to amaze me at the number of email offers I get from the same people over and over again stating that this "Brand New Startup is the best thing they have ever seen and that it has a fantastic Compensation plan but how can they know that when it is still in Pre-Launch. I call them program hoppers!
There are still some good companies out there which meet the requirements of being a legitimate business and not an investment which could violate the SEC licencing guidelines.
Buyer Beware and do your own homework.
Be selctive in who you partner with. Do they have a small entry level cost where you can advance without spending any additional money? Do they have a Comp Plan that pays you as soon as you earn money on a weekly basis? Look them up on Google and see what they are doing and for how long. Do they have good company representation on Google? Are they well known? Are they actively working the business they are trying to get you to join? If not they won't be much help to you. Do they offer you personal training in addition to what the company offers? Are they experienced at creating good Marketing pages and videos? Do they teach their team how to create the same things they use? Will you get the help you need when you need it?
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