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Multi-level marketing (MLM), also called network marketing [1] or pyramid selling, [2] [3] [4] is a controversial [4] and sometimes illegal marketing strategy for the sale of products or services in which the revenue of the MLM company is derived from a non-salaried workforce selling the company's products or services, while the earnings of the participants are derived from a pyramid-shaped or ...
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.
The unsustainable exponential progression of a classic pyramid scheme in which every member recruits six new people. To sustain the scheme, the 2.2 billion people in the 12th layer would be required to recruit 13.1 billion more people for the 13th layer, even though there are not nearly enough people in the world to achieve that.
Traditional pyramid schemes only involve an exchange of money between people. MLMs skirt this by including a product in the mix – people are supposedly exchanging money for a product.
FitzPatrick is the co-author of the self-published book False Profits: Seeking Financial and Spiritual Deliverance in Multi-Level Marketing and Pyramid Schemes (ISBN 0-964879-514), [5] a 1997 critical book that examines the multi-level marketing industry.
Some mental health experts, however, say characterizing children as "good" or "bad" on a list can limit personal growth and inflict shame, sometimes for developmentally appropriate behavior.
why the increased availability of easy-to-consume snack foods has had a disproportionate effect on weight gain compared to other foods. The need to employ self control in food decision making has been recognized and incorporated into other recent economic theories of obesity
Created Date: 8/30/2012 4:52:52 PM