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Any MLM business opportunity worth considering will either have a track record that you can investigate and evaluate or it will have a clear statement of the plan, the potential, and the up-front costs.

Before investing any time or money in a specific MLM business opportunity, there are some questions you should consider first.

How long has the business opportunity been in business? Before investing time and money in marketing an MLM business opportunity, it is important to determine how long it has been operating.

If it is a new concept that has not been proven in the marketplace, you have no assurance that it will even work.

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“How to get a million dollars and NOT pay taxes— First, get a million dollars.”
Steve Martin

The top 10 ways to get wealthy

Marry someone for their money
This is a very popular way of becoming rich. However, do you really want to try this?

Be a crook
The problem with being a crook is that you hang out with crooks and you can never trust them. Sooner or later, one will rat on you or kill you. Not much of a retirement plan.

Be greedy
Greedy people or one of the most despised people in the world. You will be very lonely.

Be cheap
People who live by being cheap often limit themselves by living below their means rather than trying to expand their means

Via hard work
Although this is very noble and an honest way to make a dollar, hard working people very often do not have the time to enjoy the money they are earning. They are too busy with the job and career.

Be exceptionally smart , talented, attractive or gifted
The world is full of UN-employed and poor gifted and talented people. Its a long shot at best.

Be lucky
This is as popular as being cheap. Millions of dollars are spent looking for the big payoff in the lottery and gambling.

Inherit Money
By the time you are in your 20’s, you should know if you are going to inherit anything. Otherwise you will need to find some other method of getting rich.

Investing
This takes money to invest and also the risk is high if you do not know what you are doing. Education is needed.

Build a business
This is probably the most riskiest of all the ways to get rich. Even purchasing a franchise, which is less risky, takes a large sum of money. Statistic say that 1/3 of all franchises eventually will go broke.

Build a Network Marketing Business
If you glance over the first 10 ways of getting rich, you will notice that they focus is self-centered. Even a big business is focused on getting a few select people rich.

A network marketing system is setup to make it possible for anyone to share the wealth. This is a very democratic way of wealth creation.The systems is open to anyone who has drive, determination and perseverance. A network marketing system does not care what college you went to, who your parents are, or how popular you are.

Network Marketing systems are primarily about how willing you are to learn, change, grow and if you are willing to stick it out through think and thin while building the business.

There are many ways to become rich. However, only one of them is focused on sharing the wealth in a democratized fashion. Anyone, regardless of background can become wealthy in a network marketing system.

For more information about Network Marketing and how it can help you, please e-mail me at jeff.christman (at) gmail(dot)com

Multi level marketing is known as network marketing. This is a kind of business where franchising and direct selling are combined. This business makes a person associated to a company in an independent transaction approach. It is an approach where the company creates a contactor relationship to the person who wants to expand his business.

The members make their earnings based on the sales they have reached in that particular product or service. It also includes the sales of the person that they have recruited to join the business. Most of the time the individual who has recruited more members and provided a good sales output on the product compensate higher because of the effort to transact in two different fields.

There are “pyramid schemes” or Ponzi schemes, which are considered illegal. Most people associate multi level marketing to these kind of schemes because they also recognize themselves to be a legitimate networking business. Because of the bad image brought up by these schemes, many prefer to use their names for their businesses as “home based business franchising” or “affiliate marketing”.

Commissions are earned in the process of selling a particular product or service in a legitimate network marketing. There can be no earnings in what they call as a “sign up fee” or for just recruiting yourself alone. This kind of marketing is always criticized because of the questionable recruitment process where they get their revenue and profit. They get their sales from members and new members, which are considered the end users of the product and as the distributors.

These criticisms led to the major changes in the multi level marketing in the early 1980s when many companies have started to allow their members to concentrate only on marketing and not on distributing or stocking the product. Most multi level marketing firms nowadays perform as fulfillment firms by taking the tasks of shipping the product, paying the commissions and taking orders from their clients.

Many people who are victims of the illegal schemes in multi level marketing are required to buy expensive products, but most of these schemes do not last long because most of the sales are not easily resold.