9.24.2005

Multi-Level Marketing vs the Pyramid - Trii Speaks Here

From Trina L.C. Schiller -

What are pyramid, powerline and Ponzi schemes? They are all different versions of the same thing... Illegal business ventures. They are illegal, and have the potential to financially devastate participants when the compensation system collapses. And it always collapses.

To understand why the pyramid is inherently flawed, you have to understand how it works. Most people confuse pyramid schemes with legitimate MLM (multi -level marketing) programs, because the difference between the two can be quite fuzzy.
Read the whole article -

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