To the casual observer, it would seem that multi level marketing scams (MLM scams) are abundant on the internet.
Working on the internet just doesn’t seem to have the same amount of trust as sitting across the desk from a seasoned businessman. Sometimes, it seems that you might be sending off your money into cyberspace, and never see anything in return.
However, multi level marketing scams simply aren’t as prevalent as they used to be. There are so many advances in security, government scrutiny, and financial transactions that it’s much harder to pull of multi level marketing scams.
This rampant notion of multi level marketing scams stemmed from the copious amount of fraud when business first appeared on the internet. It was easy back then; the government didn’t have as many programs to watch over internet transactions, and nobody had yet built a solid reputation as businessmen like so many have on the internet in this decade.
Furthermore, a lot of people believe that multi level marketing scams are more widespread than they are in reality because they are simply skeptical of the MLM business model. Frankly, they believe ALL MLM’s are scams, whether on the internet or not.
It’s true that a lot of people fail in MLM’s. But, did you know that 95% of any small business goes under in the first 5 years? That’s not any worse than an MLM business.
Furthermore, where else can you leverage the work of hundreds of others without having the overhead of a huge company?
MLM success is readily available, and is projected to create more millionaires in the next decade than any other industry. That doesn’t sound like a scam to me.
So, if you’re looking into getting involved in an MLM, don’t let false notions of failed MLM’ers sway you. They are not scams, and a lot of people make a lot of residual income from hard work in their MLM businesses.
In conclusion, multi level marketing scams on the web are basically non-existent anymore, and should not really be a concern to a potential entrant to the industry.
Erin has taught hundreds of people about multi level marketing scams, and also helped them generate leads for their business. If you want to learn how to generate 30+ leads a day for free, visit Erin Smith’s MLM Secrets.