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Exposing The MLM Industry | Driven Not Given Podcast
In this one, I'm diving into the world of MLM companies and sharing my thoughts on the network marketing industry. I'll be discussing the pros and cons, as well as exposing some of the truths about these businesses. If you're interested in learning more about MLMs or are considering joining one, this video is a must-watch.
Charles Ponzi was an Italian businessman and con artist who is best known for his infamous Ponzi scheme. Ponzi was born in Italy in 1882 and immigrated to the United States in 1903. He worked various jobs before starting his own business, the Securities Exchange Company, in 1919.
This is the definition of an MLM Company:
A multilevel marketing (MLM) company is a type of business model in which independent contractors, also known as distributors, sell products directly to consumers. MLM companies often use a pyramid structure, in which the distributors earn commissions not only on their own sales, but also on the sales of other distributors whom they recruit.
In an MLM business model, distributors are typically encouraged to recruit more distributors, who then also sell products and recruit more distributors. This creates multiple levels of distributors within the company, hence the term "multilevel."
MLM companies may sell a variety of products, including health and wellness products, cosmetics, household items, and more. Some well-known examples of MLM companies include Amway, Herbalife, and Mary Kay.
MLM companies have been the subject of controversy and criticism, with some people alleging that they are pyramid schemes rather than legitimate businesses. It is important to thoroughly research an MLM company before joining as a distributor, and to be aware of the potential risks and challenges associated with this type of business model.
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You can Contact Me here : 👇🏼👇🏼👇🏼👇🏼👇🏼👇🏼👇🏼
Facebook: https://www.facebook.com/mrjcrangel
Instagram: https://www.instagram.com/jcrangelmin...
Visit My Official Website: My Website: https://www.jcrangelmindset.com/
Produced and Edited by: https://videocartel.net/
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By JC Rangel
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In this one, I'm diving into the world of MLM companies and sharing my thoughts on the network marketing industry. I'll be discussing the pros and cons, as well as exposing some of the truths about these businesses. If you're interested in learning more about MLMs or are considering joining one, this video is a must-watch.
Charles Ponzi was an Italian businessman and con artist who is best known for his infamous Ponzi scheme. Ponzi was born in Italy in 1882 and immigrated to the United States in 1903. He worked various jobs before starting his own business, the Securities Exchange Company, in 1919.
This is the definition of an MLM Company:
A multilevel marketing (MLM) company is a type of business model in which independent contractors, also known as distributors, sell products directly to consumers. MLM companies often use a pyramid structure, in which the distributors earn commissions not only on their own sales, but also on the sales of other distributors whom they recruit.
In an MLM business model, distributors are typically encouraged to recruit more distributors, who then also sell products and recruit more distributors. This creates multiple levels of distributors within the company, hence the term "multilevel."
MLM companies may sell a variety of products, including health and wellness products, cosmetics, household items, and more. Some well-known examples of MLM companies include Amway, Herbalife, and Mary Kay.
MLM companies have been the subject of controversy and criticism, with some people alleging that they are pyramid schemes rather than legitimate businesses. It is important to thoroughly research an MLM company before joining as a distributor, and to be aware of the potential risks and challenges associated with this type of business model.
___________________________________________________________________________________________________
You can Contact Me here : 👇🏼👇🏼👇🏼👇🏼👇🏼👇🏼👇🏼
Facebook: https://www.facebook.com/mrjcrangel
Instagram: https://www.instagram.com/jcrangelmin...
Visit My Official Website: My Website: https://www.jcrangelmindset.com/
Produced and Edited by: https://videocartel.net/