Posted By LAF Editor on July 28, 2015
Multilevel marketing companies (also known as MLMs) have a bad rap. Some of it is deserved, and some of it isn’t.
MLMs are often labeled as “pyramid schemes,” but that’s not true. The difference is that pyramid schemes are illegal because they offer no product. With MLMs, a product or service is the basis for the business.
Truthfully, if you have a go-getter personality, and you can follow some basic business and personal etiquette, you can make a lot of money in an MLM. The trick is to avoid all the potential pitfalls along the way!
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