Network marketing is not a pyramid scheme and it never has been. In this post we will look at the reasons why network marketing is not a pyramid scheme and why there is often confusion and misunderstanding on this topic.
Pyramid schemes are typically programs similar to chain letters where people invest money based purely on the promise that other people will put money in that will eventually filtrate back to them and somehow to make them rich. A pyramid scheme is therefore a money game. Pyramid schemes have absolutely no substance whatsoever. There is normally no product involved with a pyramid scheme and money just changes hands.
Network marketing on the other hand, is a legitimate business. Network marketing is based around providing people with real products that they need and want to buy at a fair price for the quality. Many people make a lot of money legitimately in network marketing as a result of their hard work in building a network or team of people that collectively sells the companies products and services.
Pyramid schemes are 100% illegal and by their very cunning nature take advantage of people. For people to make money in a pyramid scheme, other people have to lose money.
In network marketing however, every single person can significantly magnify their efforts and skills by helping other members of their team/network to be successful. Network marketing is becoming an incredibly popular choice as a legitimate way for many people to earn extra money from home.
Network marketing is not a get rich quick scheme or anything like that. Network marketing is a bona fide business model. Success in network marketing is not based on luck. Success is achieved by working hard and following some simple daily disciplines that the good companies provide to help you increase sales of the product and build a team of people over time who also sell the product directly to consumers.
The most appealing factor in network marketing is leverage. Network marketing allows you to create financial and time leverage by sponsoring other people who each run their own business in their own right. You can be paid an income from each of their efforts too.
J. Paul Getty, who created one of the world’s greatest fortunes, said “I would rather make 1 percent on the efforts of 100 people than 100 percent on my own efforts.” This very basic concept is the cornerstone of network marketing.
By helping your personal team or network to succeed for themselves, you will ultimately succeed yourself. This simple but powerful duplication formula is what creates real financial and time leverage in network marketing. Over time, your efforts can result in significant compound growth which can lead to potentially 100’s or 1000’s of people joining your business!
Unlike any other type of business, network marketing does not require much money to join. There are generally no geographical limitations, so you can work locally or globally! It’s your choice! Network marketing businesses typically have very low running costs and can offer significant tax advantages that are naturally associated with owning your own business.
Network Marketing Is Not A Pyramid Scheme
So, we have established that network marketing is not a pyramid scheme. If you are looking for a more flexible way to earn an income from home around your current commitments, then to ignore network marketing would be foolish! Get in touch with us today so that we can show you how you can turn your dreams into reality with our best recommended network marketing company Forever Living Products.
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