Is Multi Level Marketing a Pyramid Scheme?

I wonder if this questioned is asked because people really want to know if network marketing is a scam because if it isn't they're ready to get in the game of entrepreneurship or is it just a passive move to stick with their J.O.B. It sometimes surprises me when people who seem to be otherwise intelligent and aware asks if network marketing is a pyramid scheme, a home based business scam or multi level marketing scam. I know they're intelligent enough to know their corporate organization is also based on a pyramid structure. But does a pyramid structure represent an actual pyramid scheme? NO it doesn't. I know they're intelligent enough to know they'll never make more money than the CEO, CFO, CMO, COO, or VP of their company.

This similarity of the one at the top making most of the money while those at the bottom make little to no money still doesn't make the typical corporation a pyramid scheme. A Multi Level Marketing scam is a form of fraud in which there's no real sustainable product or service offered for sale. Instead a residual income scam is what's for sale and involves money exchange for enrolling people in the pyramid scam based on a fake business model offering a ghost product or service and the top people receive most of the money. Some of these scams are internet marketing scams so don't let the high-tech outfit fool you. Even if someone came in down the line and put in more effort, they wouldn't make more money if any at all.

In the investment world, a ponzi scheme is investment fraud which occurs when the operator promises a high ROI to investors and runs off with the money or fails to return the dividends to investors as promised. Essentially a ponzi scheme is a pyramid scheme. Ponzi scheme is named after Charles Ponzi, however Bernie Madoff is synonymous with this term because his fraud was considered the worst scam ever.

Let's make this clear, a pyramid structure doesn't always mean it's a pyramid scheme.

The Food Pyramid, US Dept of Treasury organization chart, and so on. You get the picture? Yes, so let's move on to network marketing. Now that you get network marketing pyramid scheme or multi level marketing pyramid schemes are not all inclusive definitions of the network marketing and MLM industry, let's talk about what multi level marketing is. It's not Monavie pyramid scheme it's Monavie LLC, a real, legitimate company. It's not Xango scam, it's Xango LLC, a real, legitimate company. Both of these companies have a sustainable product and they're built on a strong successful business model. There are many legitimate mlm companies out there: Avon, Herbalife, Mary Kay, and Numis to name a few.

Would Bill Clinton Endorse A Multi Level Marketing Scam?

No, he wouldn't. Yes, he would endorse the network marketing industry as he did in a video endorsing the direct selling and home based business industry. He spoke of the positive benefits for the individual, the economy, and the increase in lifestyle for the whole family

Success Leaves Clues...

-In 2001 Robert Kiyosaki wrote The Business School For People Who Like Helping People. In this book Robert recommends Network Marketing Business and said in an interview he didn't make his millions in network marketing but if he had to do it all over again, he would choose network marketing. He said, "A network marketing business is a revolutionary way to achieve wealth."

-In 2003 Warren Buffett, 2nd wealthiest man in the world bought MLM Company, The Pampered Chef.

-Paul Zane Pilzer, world renowned economist, millionaire, best-selling author, and economic advisor during two presidencies (1983-1989), wrote The Next Millionaires in 2006. In this book, Paul Zane Pilzer explains in detail how 10 million new millionaires will be created from 2006-2016 in the Direct Selling and Home Based Business industry.

Will you be one of those 10 million millionaires? It's absolutely possible for you to achieve millionaire status or more. Will you continue dedicating your life to your job- someone else's dream or will you choose network marketing and dedicate your life to creating your dreams? You deserve to learn more on the difference between a legitimate network marketing business and a [http://www.mlmmarketsmart.com/blog/is-network-marketing-a-scam/]Network Marketing Scam at MLM Market Smart. If you've considered creating wealth from the comfort of your home, I'm inviting you to receive all the training and support you deserve and collaborate with me in my [http://www.goldenopportunist.com]Multi Level Marketing MLM.

Article Source: [http://EzineArticles.com/?Is-Multi-Level-Marketing-a-Pyramid-Scheme?&id=4175051] Is Multi Level Marketing a Pyramid Scheme?

Filed under  //   Mary Kay   avon   ceo   cfo   herbalife   marketing   xango  

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Lyfbrands - A List of the Pros and Cons of Partnering With Michael Han and the Lyfbrand Distributors

Lyfbrands and their distributors have created a buzz in the Network Marketing industry mostly with the mantra, "Partner with a billionaire."

My advice would not be to run from Michael Han, the executives, and their new MLM opportunity, but to do your homework just like you would any other opportunity. The fact that the founder is extremely wealthy means he is probably smart with money. He would not continue pouring cash into something that was not working. So the product, opportunity, and marketing plan still have to be valuable for his bank account to make a difference with the company.

The Lyfbrands details include:

The Executive Team

Michael Han-Founder
Mary Ann Pettorini-Chief Brand Officer
Andres Fossas-Vice President and Chief of Staff
Antony D.Z. Ho-Executive Vice President and CFO
Michael Kelly-Chief Lyf Coach
Todd J.D. Makurath-Chief Marketing Officer

The Initial Products

Lyfsource A2 IRB-Immunity Renewal Balance Acai Chews
Lyfsource Q2 EFE-Energy Focus Endurance Chews

The Products To Come

A variety of skin care creams, foams, and moisturizers
Home care products like laundry soap, disinfectant spray, surface wipes, dish soaps
Technology -Communications, wireless, virtual office

The Compensation Plan

Retail Sales
Fastrak Commissions
Lyfline Commissions
Partner Achievement
Global Bonus Pool
Global Partner 5 Star Bonus Pool
Global Partner Lifetime Achievement

Pros

Michael Han appears to have run other businesses successfully. This does not guarantee anything but it is better than the alternative.
The website is professional. New MLM companies typically have a homemade looking website when in prelaunch but this one looks good from the start.
The company claims to have a special program for people new to Network Marketing. I am a fan of training.

Cons

Too much hype. Most of the talk is about joining a billionaire and the seven ways to get paid.
I have not found one affiliate that wants to talk about the power of the product.
There are no prices on the websites as of April 9, 2010 for the products. It does not matter how great everything is if it is another MLM with overpriced products that only affiliates buy. Many companies have fallen because of the lack of a retail base.
Too many products. Most new home business professionals have difficulty selling one product, let alone twenty or more. If someone does join Lyf Brands I recommend focusing on three products you like and use.
The last concern is a problem I have with nearly every company in the industry. There is no mention of the type of marketing training that will be offered. This usually means it will be the typical "Make a list routine". This only works for affiliates with veterans that have a list of ten thousand people to call that they already know.

Conclusion

If you join an individual that offers top notch training on how top producers use tools and the internet you may do well with Michael Han and company. Interview several people from the company and ask these two questions:

"How are you marketing your business?"

How are you going to teach me to market my business?"

My name is Kenny Atcheson and can offer you [http://www.HowToTakeCharge.com]Network Marketing Training online. I am passionate about your success and that is why I will tell you upfront that chasing your family and friends will alienate you and you will not achieve financial independence. If you want to be successful, do what successful people do...learn new skills. The most important thing for you to know about me is that you will always get the truth. If you need questions answered just ask.

Article Source: [http://EzineArticles.com/?Lyfbrands---A-List-of-the-Pros-and-Cons-of-Partneri...] Lyfbrands - A List of the Pros and Cons of Partnering With Michael Han and the Lyfbrand Distributors

Filed under  //   cfo   han   irb   marketing   michael   people   training  

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Having the Right Mindset is Key to Starting Your Online Business

Just about everyone wants to find a way to make money by starting their own online business.

What separates those who are successful from those who are not? For starters, the right "mindset". Many good programs speak of the importance of the "right mindset" and they are spot on! In fact, looking to what inspires someone to build an online business is usually a good place to understand one's mindset.

Why are so many interested in earning money online?

It sounds cool.
They need the additional money from a second income.
They lost their job.
They hate their job or their boss.
They have a friend who makes a lot of money online.
They love working on the computer.
It fits their schedule.
It's a way of making money that doesn't take a lot of money to get started.
They've heard of others who make thousands and they spend little or no time doing it.

These are all reasons I have heard why people want to make money online.

What's your reason?

The answer to that is likely to give you a pretty good insight into what you are really capable of achieving. Why you ask? Because what you are willing to invest in time, energy and effort is likely to dictate your success. Because making money online is no different than anything else in life.

Success is a function of:

Desire, Planning, and Execution

Yes, despite the hundreds of "gurus" claiming it is possible to make $20,000 by the end of the week, it's not going to happen. I for one do not believe nor have I seen anyone achieve the miracle "overnight success story". If you are expecting to make thousands instantly online you will be disappointed.

Likewise, if you are looking at this as a hobby, (and there is absolutely nothing wrong with that) then you will likely find your income potential limited.

However, if you are serious about "BUILDING A BUSINESS", then you need to have a mindset commensurate with that objective.

Having said that, what IS the right mindset? Well, the right mindset for building a business online requires the following:

Determination: A never give up attitude no matter what the obstacle encountered
Focus: Remaining focused on your task at hand and not being distracted
Pragmatism: Using common sense in your approach to all aspects of building your online business
Giving Back: Being prepared to share what you have learned with others

Employing these traits will help you stay on track and keep you pointed towards success with your online business.

Here's to your online success!

Alan Mischler is an Internet Marketer and a Business Consultant.

He has both a Bachelor's and Master's degrees in Business. He was the Director of Business Operations, Chief Financial Officer (CFO) and part owner of a multi-million dollar engineering firm and defense contractor in the Washington D.C area.

For the past four years he has spent his time learning internet marketing and building businesses online using Pay-Per-Click advertising, selling on eBay, dropshipping and membership list building.

Check out his free eBook at http://www.ebizbasics.com to learn what it takes to create a second income online. You will learn how to choose the right internet marketing program. by using Five Key Steps to Ensure Your Online Success.

Article Source: [http://EzineArticles.com/?Having-the-Right-Mindset-is-Key-to-Starting-Your-On...] Having the Right Mindset is Key to Starting Your Online Business

Filed under  //   business   cfo   ebay   money   no matter what   online  

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Exfuze - Why Review Another Juice Company?

Hello,

My main goal is to give you an honest review of an MLM company called Exfuze. Giving value in this world by helping others is what it's all about. In my research with Exfuze, I've decided to write this article for anyone whose thinking about joining this company or just want to learn about Exfuze and what they're all about. To be upfront with you now, this Exfuze review as said earlier is based on my opinion, and many hours of research. With so many Network Marketing companies out there, I encourage you to do your own research, and form an educated opinion based on what you've found. This is critical, because you don't want to waste any time, money, or have any regrets about Exfuze or any other MLM-Network Marketing company you so choose. Alright, lets go ahead and talk about Exfuze.....

Who is Exfuze?

Exfuze is a MLM- Network Marketing company that in the last few months grabbed the attention of the masses in the Network Marketing Industry and across the Internet. Is this company the real deal? That's probably what going through your mind.... I know it was for me.For the remainder of our time together, I'm going to go over specific areas that are important when looking at a company, and just go into what exfuze really is. Come see....

What is Exfuse anyway?

The name Exfuze has many meaning According to the company is derived from extracts being fuzed together. This goes right into what their product is. The product Ezfuse Seven Plus is a juice or drink if you will. A multi-botanical juice that creates a synergistic combination of seven super foods combined with other ingredients by the use of the extracts rather than the concentrates, which they say has greater power. In addition to this, their approach is to treat each super-food and the extracts as if it were the sole supporting nutrition of the drink. Exfuze has combined the powerful nutrition of seven super-foods with several other potent ingredients known as the PLUS factor of Seven plus:

Seven Super-foods:

Acai, Noni, Gac, Fucoidan, Goji, Seabuckthorn, Mangosteen and the PLUS factor: Pomegranate, Wild Blueberries, Aloe Vera and Concord Grapes.

Other Potent added Ingredients (the plus factor):

Blue Agave Nectar, and Plant-based Minerals.

I thought this was pretty amazing for the simple fact of knowing the benefits of many of the above ingredients. What I've found from my research of these benefits and what it helps with are... premature aging, enhanced immune system, cardiovascular health, free radical protection, and anti-inflammatory and detoxification capabilities. Also, one thing that sticks out in my mind as I'm writing this, is the power of the Noni super-food. It is said to to be considered a tonic by the west Indies and Polynesian culture to contain fever, treat eye, skin, gum, and throat problems, as well as stomach pain, constipation, and respiratory difficulties.There seems to be a significant market for this type of product as "baby boomers" are all about health and wellness, and anti-aging.

Leadership

CEO Rick and Don Cotton... two men with one vision. Peter Hammer, investor Gary Gaglioti, and VP Paul Morris. They bring to the company many years of network marketing experience and a solid financial backing. One interesting tidbit that I found is that Peter Hammer was responsible for taking another network marketing company from small to big in a very short amount of time.There are also other notable leaders that are distributors. To name a couple, Master distributor Steve Campbell and Keith Halls. Steve Campbell has over 20 years of experience in the MLM- Network Marketing Industry. He's well respected, and by many considered a powerhouse in this Industry. Keith Halls is also know very well as he was the ex CFO of Nu-Skin. This blew me away, because he joined Exfuze as a distributor??

Exfuze is a company that had $5 million in funding for the start up, and has a whole team of professional football players as investors.... Hall of Fame player Lawrence Taylor and Hall of Fame Coach Bill Parcels to name a couple. They look like a solid company!

Timing

In April 2008, Exfuse had their pre-launch and then opened to public in September of 2008. With less than 60,000 distributors in the world, many think of this as a pre-momentum stage. During the stage of their first year,they were already opened in countries like Canada and Japan. Trends show Exfuze to be positioned to reach $1 billion within its first 3 years. Many looking at Network marketing believe that it's good time to enter a company with this type of potential in their early stages.

Compensation Plan

From what I saw about the compensation plan, people that choose to join Exfuze would have the ability to earn money in seven ways:

1. Retail Sales
2. Preferred Customer Sales
3. Fast Start Bonuses
4. Matching Fast Start Bonuses
5. Team Commissions
6. Plus Bonuses
7. Director Matching Checks

Without going into each detail of the seven ways to make money in Exfuse, I will say this.... In my time in this Industry and after evaluating over 20 companies, this compensation plan is the best. Now, If you're looking to get involved with this company, I encourage you to do your research so you can make an educated decision. View the compensation plan, and compare it to others as I have, then make a decision based on what you've found.

So, what's next? Well, I have to tell you that in my research all the pieces seem to be in great favor for this company. However, I did see one minor flaw. I noticed that just like the majority of the MLM/ network marketing companies out there, Exfuze uses traditional methods of marketing. If you've been around the network marketing Industry for some time now, you know that traditional marketing consists of meetings, making a list of names of everybody you know, calling and checking their interest, going out and meeting as many people as you can collecting as many NOs to get a yes, then if you get tired of that, you buy leads. I will just tell you from experience that this does not work for the masses. This method does work for the 3 percenters if you find them. From my experience, you will find yourself in debt, frustrated, and wasting a lot of time on all the wrong people.

If I were to give Exfuze a rating in comparison with other network marketing companies, I would have to give them 9 stars out of 10. If you noticed, in the above mentioned flaw from the marketing stand point, I said minor, because most MLM/ network marketing companies have this flaw. How to you take this 9 star company, and make it a 10 star? Check it out...

Regardless of the [http://You.DefineAction.com]MLM company you align yourself with, it is imperative that you learn the new model of attraction marketing. From what I've seen in the network marketing industry, this system is number one. It will help you explode any company that you choose. So, if you're serious about [http://internetmarketingdad.com/mlm-reviews/exfuze-review-who-and-what-is-exfuze]Exfuze or any company, you need to learn REAL MARKETING STRATEGIES and TECHNOLOGIES to position yourself as a leader and authority in this Industry, and ultimately Explode your business!

Article Source: [http://EzineArticles.com/?Exfuze---Why-Review-Another-Juice-Company?&id=3908120] Exfuze - Why Review Another Juice Company?

Filed under  //   Nu-Skin   as well as   ceo   cfo   marketing   noni   plus   stage  

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Opportunity

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