The Difference Between Network Marketing and Pyramid Schemes
Category : Network Marketing
If you have been in the Network Marketing industry for any length of time or have been considering partnering yourself with an MLM company you have, no doubt, heard the business being compared to a pyramid scheme. This is a common misconception by the majority of the population due to the fact that they are both based on marketing to your sphere of influence, hence the name. There are however, some very distinct differences between the two. The most obvious reason is that pyramid schemes are ILLEGAL and network marketing opportunities ARE NOT. This should be the only reason that really matters but that then begs the question, what makes pyramid schemes illegal and network marketing legal.
In the video below, which is a replay from a Periscope that I did, I explain exactly that.
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