MLM Opportunities: Do Your Research

Before joining any "opportunity," do yourself a huge favor and check it out.  Do Google searches on any company that you are considering.  Find out what you can about it:

• Who is in charge?  Google them as well.
• Do they (company leaders) have experience in MLM? 
• Is the company publicly traded?  This is not a good thing!
• How long have they been in business?  If it's a start-up...RUN! Don't join anything that has not been around for at least 2 years.
• Google the person who is going to sponsor you.
• Has your sponsor-to-be been in a stable company for a period of time or are they opportunity hoppers?  Most are in this category.
• Is there a duplicatable system in place that ANYONE can follow?
• Is the compensation plan realistic?  
• How many people do you have to have in your organization to have to make $500, $1,000, $5,000 or $10,000 per month?  ASK THE QUESTION!
• Are there products involved?  If not, run!
• Is there a residual income opportunity?  If not, run!
• Are the products affordable for the masses?  If not, run!
• Are the products in demand?  If not, run!
• Would people purchase the products if an opportunity did not exist?  If not, run!
• Is there more than one product involved?  If not, run!

Stay clear of gifting programs, pyramid schemes and the like.  To find out more about these and other MLM opportunities, do your research.  A great place to start is at MLM Watchdog.  The link to that site is in the right column of this blog.  There is a TON of illegal scams out there, so beware.

Also, if anyone tells you to buy leads--run!  Buying leads does not and will not work.  I know people who have spent thousands of dollars on leads with nothing to show for it.  Don't let that be you.

For MLM opportunities: Do your research.  It will save you years of frustration and lots of money as well.

Cash Gifting Programs - Beware!

I am sure you have seen them. The guy or gal in the video opening a FedEx envelope full of $100 bills. I would like to warn you that these programs are a SCAM and they are illegal! If you get involved in one of these programs, you could end up in jail!

The first clue that something fishy is going on is the receiving of cash. Why are they sending cash? Why not a check? Cash cannot be traced and therefore can be hidden from the IRS as income. I am sure the IRS would frown of that! Secondly, there are no products associated with these programs. What are they doing to EARN this money? What are they giving in exchange for this money? They claim that there are no products, training, meetings, etc. The whole thing is being done under a veil of deception. No websites, no phone numbers, just private invitations. I smell a rat folks!

These scamsters will tell you that no one has ever been caught...YET! The fact is that there are thousands of scams being promoted on the internet and the government is working as fast as they can to deal with them. To me, it's just a matter of time before someone goes down for these gifting programs; don't let it be YOU.

If you want to make money, do it ethically, legally, and in a way that serves the people. Be part of an opportunty that offers great products or services in exchange for the money you receive. You will evenually become successful and at the same time be able to sleep at night.