As you travel cyberspace it’s likely you’ve already encountered many possible ideas, products, programs, and suggestions on ways to make money using your internet connection. Most are too good to be true and it’s your job to weed fact from fiction. However, the FTC does have a few tips to help you determine “is it for real?”
In fact, during a trip to our local library yesterday, I picked up a handy single page guide from the Federal Trade Commission. This tiny guide discusses multi-level marketing. MLM, which is also called network marketing or matrix marketing, is a “way of selling goods and services through distributors.” The term “downline” is associated with MLM and is typically two or more tiers of individuals under one person.
You do need to know what the laws are within your own state (United States) or even country. When a business is built solidly around your need to recruit others to make the major portion of your income (versus the “product or service”) that’s when you step into the murky waters of “pyramiding.”
The pitfall of pyramids is
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