MLM Scams Exposed: Find Your Home Retire Years Sooner
By Douglas Peterson

 

In spite of the economic casualties of smashed dreams and dashed hopes, the allure of generating the most remarkable returns you can imagine from a low-risk investment, building and nurturing new relationships and living one’s dreams is a very enticing reward that keeps people from giving up on themselves thus still makes network marketing the fastest growing industry revolutionizing the way world buys and sells everything.

Now, the one issue of growing concern is: Who is looking out for you, the distributor? In other words, how many mlm companies out there are truly distributor-friendly … meaning, that really value them by putting the distributor’s interests above their own interests, i.e. profits?

A few? Maybe. I hope more than that.

Unfortunately some distributors got swindled by their company’s executives who chose to double-cross them by modifying their compensation plan, or make the distributor jump through a few hoops to get their ‘paycheck’ so they, the mlm business ersatz can line their pockets with commissions instead of paying the distributor who rightfully earned it. And, if they miss just 1 step their check is forfeited, in effect. Or, get expelled and loose one’s position in the organization without notice.

Companies have terminated their loyal employees just before they retire after they have given them 20+ years of service so the corporate executives can keep that pension the employee worked hard for. What’s the difference?

MLM scams are nothing more than a ‘sucker’s bet’ for the unsuspecting distributor just like when Ponzi bilked unsuspecting “investors” with his scheme 100 years ago. If the distributor makes any money it’s because the mlm ersatz is “throwing them a bone” … until they decide to pull the rug out from under them and keep the commissions for themselves or payoff the attorney(s) on retainer.

What could be more odious in the mlm industry than business ersatz swindling their distributors, vis-à-vis executive fiat to “alter the deal”, in some way?

This fleecing in such an underhanded way by the company President, for example, is on the same level as the high-profile corporate ethics scandals in the sense that there is a betrayal of trust by those seduced by greed to veer off the moral “straight & narrow” and sell out by keeping the commissions. Although, the mlm business ersatz modifying the comp plan so the company can keep more money in the “corporate coffers” is not the same magnitude of shake-up as the ‘Enron’ scandals that rocked our economy and hurt companies large & small. Nonetheless, there was a betrayal of employee/investor trust in those corporate scandals; there is a similar betrayal of distributor trust by the mlm ersatz that choose to alter the deal in some way and swindle the distributor by keeping more commissions. And some of you have experienced this looting personally

I believe we, network marketers, expect owner/executives in mlm companies to have integrity and act with probity. But, that is not the case in all companies.

Scamsleave clues, much like the legitimate bizops. IF the distributor does their ‘due diligence’ they would have the prescience, so to speak, to avoid the sham and not get ripped-off by any mlm ersatz. Unfortunately, the “terms & conditions” contract, a.k.a. “Policies & Procedures” can be SO long, 35, 35 or even up to nearly 70 pages long, that it may feel like trying to “find a needle in a haystack” when reading to find any devious or slick “gatchas” peppered throughout. Moreover, the distributor is a customer FIRST because they make the company, therefore, are the company. So the only reason the mlm ersatz makes ANY money is because the customer-distributor moves product thru consumption, retailing and building the business through distributor sign-ups.

Now for some good news. You, the distributor can seek retribution from back-stabbing larceny by getting even, in a way.

How? You can and should dump the company. By resigning you take with you your most precious assets you worked hard for that nobody can ever take from you.

Such assets would be your leadership skills; your business building skills … and bring as many team members with you as you can. For, this economic repudiation withers away the sham.

You now have the wisdom and experience to achieve the same income level quicker. And more.

A second possible way is through litigation for breach of contract (which is, I believe slim at best).

So, how well does your mlm company measure up?

Hopefully you have nothing to worry about, however, you can’t be too careful, can you?

Do you know if your mlm company is on the up & up or a sucker’s bet?

Do you have the prescience, if you will to see signs the company is about to ‘garnish’ your income, thus negatively impact your lifestyle?

Douglas Peterson is a mentor and coach who offers a proven and powerful money making system that includes the #1 business-building tool for free here, http://www.my-free-ebook.com to motivated self-starters that want to find a home that’s their best fit and build their own thriving business. For free support, personal coaching and success mentoring to show how to get the tiger of network marketing by the tail call 508-272-3481 anytime. Email: uwyn@juno.com.

Article Source: http://EzineArticles.com/?expert=Douglas_Peterson

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