What is a Network Marketing Scam?
What I’d really like to talk about today is the concept of a network marketing scam and what that really means. Well if you look up the word scam in Websters dictionary what you will find is the following.

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: a fraudulent or deceptive act or operation <an insurance scam>
Now I know that you already knew what the word meant, I just want to make everything absolutely clear here.
Many people out there look at the entire network marketing industry as a scam and I’m sure that each person has their own reasons for feeling that way. They may have a legitimate gripe with a a company. Or maybe that actually did get scammed. In other words they paid for something and did not receive what they paid for and were not given a promised refund. That is very possible.
That said, there are very legitimate companies in the industry that have been in business for 50 years. It seems that it would be pretty difficult to stay in business for such a length of time if one were truly a scam. I just wouldn’t happen.
If you are trying to determine whether the company that you are considering joining is a scam or not here are some things to do.
1. Do research on the management team or founders. Goolge truly knows all.
2. Call some people that you find on the internet and ask questions. Make sure that you don’t ask just 1 person, you want to speak to at least 3 or more. When doing your search, don’t just call the top 3 but go down through the pages of google so that you can speak to someone who maybe isn’t as successful as the top dogs. That way you get different perspectives.
3. Try out the product if it is consumable. Most will have a money back guarantee if you don’t like it.
4. Go to the company convention if you are able to.
5. Follow your gut.
The last one may seem a bit unconventional but I’m a big believer that your instincts are mostly correct, so if something just doesn’t feel right then listen to that. It may not even mean that the company is shady, it may just meant that it’s not right for you.
Understand that there are hundreds of network marketing companies out there that are completely legitimate, just do your due diligence and don’t make an emotional decision.
Read the related article on Scammers coming out of the woodwork below
Filed under Network Marketing by on May 11th, 2010.
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