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How to Know The Difference Between MLM Known As Multi Level Marketing and Pyramid Scheme

What a deal huh? Yes it's sometimes great to get a good deal but what about the time that there is no deal and you have to purchase this item at fool price. Guess what not a good deal huh? I guess by now you are getting the picture.

Now, after you have gotten your great supper duper deal, you go home, use the product and realize it does a good job. Right? Then, you become so excited, because you believe you got a deal, you start sharing the offer you got with all your friends and family about the big discount, and the performance of the product. Right?

So you now send them to the exact same store, sometimes, even give them directions on how to get to the store. I have had times in the past where my friends offer to even pick me up, so we can go together, to purchase the product.:) Does that sound familiar?

Colorful vision of something, many of us do, have done and will do again in the near future. Right? So, Network marketing is somewhat similar, but with you being directly the store and making the marginal earnings on a product by referring your friends and family to purchase the products from your store. They then duplicate the same concept and also receive a commission.

Hurray!! Wouldn't it sound good to hear that you made a commission for sending them to your store that you personally own? Oh and it gets better, this commission becomes a residual income, based on them purchasing your product every month.

Just as if they were to go back to the same store and repurchase the same product, where you, did not get a commission for referring them. Hmmm! Interesting concept right! Welcome to Network Marketing or MLM multi level network marketing.

Now as for the pyramid scheme, this is a chain of people that invest their money into a business with the expectancy of other people doing the same and gaining money from others, with the intentions of becoming rich over night. It is illegal!

Network marketing, in contrast is a legitimate business and considered to be over a 140 billion dollars industry. In today's market you are able to grow a network marketing business to a comfort level where you receive residual income.

It can be done on a full time or part time basis right from the comfort of your home and keeping your cost at minimum. No office rental space or warehouse is needed to operate your business.

Nathan Faustin http://www.asknatefaustin.com

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