mlm

    By Tracy Coenen

    | 9:00AM 8/07/2008
    I've been studying multi-level marketing for several years, and Robert FitzPatrick has been studying the industry even longer. He's been qualified as an expert witness in MLMs and knows a whole lot about the industry. He recently released a report on 11 large MLMs which demonstrates that a full 99%...

    By Tracy Coenen

    | 4:00PM 8/06/2008
    Yesterday California's Attorney General, Edmund G. Brown Jr., announced a lawsuit against YourTravelBiz.com (YTB) for being a "gigantic pyramid scheme." He says that the multi-level marketing company recruited tens of thousands of members with false earnings claims. YTB was supposed to a business...

    By Tracy Coenen

    | 4:00PM 5/25/2008
    If you're like over 90% of the people who get involved in multi-level marketing, you're going to lose money. The sad thing is that most people get involved in MLMs because they want to make money.Below is the story of one college student who lost thousands in an MLM. These companies are known for...

    By Tracy Coenen

    | 1:00PM 5/02/2008
    PrePaid Legal Services and companies like it sell plans that are billed as "legal insurance." These plans supposedly help the average consumer received "free" legal services in many cases, and discounted services in other cases. They're often marketed as offering help to the "little guy" who might...

    By Zac Bissonnette

    | 12:30PM 2/09/2008
    Writing on AllBusiness.com, home-based business guru Frank Ross talks about that special group of people that embraces the idea of a recession:Everyone's talking the "R" word - Recession in the U.S. There is one headed our way, or depending on who you talk to, there's one already here. Most people...

    By Tracy Coenen

    | 3:40PM 1/15/2008
    China doesn't allow Multi-Level Marketing (MLM) schemes or pyramid schemes, period. The government allows single level direct sales if a company has a proper license. But no recruiting is allowed and no multi-level structure is allowed.While we often think of China as being behind the times...

    By Tracy Coenen

    | 9:00AM 1/14/2008
    Despite the claims of many who are trying to recruit new victims into their Multi-Level Marketing (MLM) scheme, you are not going to find riches there. While there are often lofty claims about many millionaires originating in MLMs or a high percentage of women making six-figure incomes from MLMs......

    By Zac Bissonnette

    | 10:00AM 1/10/2008
    The post-holiday period is a big time for multi-level marketing recruiting. People are feeling broke from their gift-giving extravagances and, with the housing crisis and general economic malaise, a lot of Americans are looking for additional sources of income. As Tracy Coenen wrote in this...

    By Tracy Coenen

    | 10:30AM 12/20/2007
    Hundreds of thousands of Americans get sucked into Multi-Level Marketing (MLM) companies each year. From Mary Kay to Amway to Herbalife to PrePaid Legal, the list is seemingly endless. Each offers its own special spin on the products it sells, but the main focus of an MLM is on recruiting new...

    By Tracy Coenen

    | 11:03AM 12/16/2007
    One of the credibility-building factors that modern multi-level marketing (MLM) companies rely on is the assertion that they're legal. Often, it's said that if a company wasn't following the laws, they would have bee shut down by now.Those things do sound credible. Average consumers assume that the...