Multi-Level Marketing vs Pyramid Scheme: What's the Difference?

Multi-level Marketing (MLM) has been compared to a pyramid scheme, but there are actual differences. MLMs are legal and pyramid schemes are not. MLM focuses on direct product selling and recruitment. Pyramid schemes focus solely on recruiting. The differences can be very difficult. In this video, we explore the differences between MLM and pyramid schemes, and how to differentiate the two before joining.

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✅ Resources:
https://www.investopedia.com/terms/m/multi-level-marketing.asp
https://en.wikipedia.org/wiki/Multi-level_marketing
https://www.investopedia.com/insights/what-is-a-pyramid-scheme/
https://www.consumer.ftc.gov/articles/0065-multi-level-marketing-businesses-and-pyramid-schemes
https://www.washingtonpost.com/outlook/2019/01/21/how-mlms-are-hurting-female-friendships/
https://www.businessinsider.com/mlms-use-social-media-facebook-portray-financial-success-2019-7
https://www.talentedladiesclub.com/articles/thinking-of-joining-a-mlm-read-the-truth-behind-the-income-opportunity/
https://en.wikipedia.org/wiki/Pyramid_scheme
https://www.thebalancesmb.com/is-it-multilevel-marketing-or-a-pyramid-scheme-2947159
https://www.moneyadviceservice.org.uk/blog/is-a-multi-level-marketing-scheme-mlm-a-good-way-to-make-money
https://ag.ny.gov/consumer-frauds/pyramid-schemes
https://corporatefinanceinstitute.com/resources/knowledge/strategy/multilevel-marketing-mlm/
https://www.michigan.gov/ag/0,4534,7-359-81903_20942-208400--,00.html
https://www.investor.gov/introduction-investing/investing-basics/glossary/pyramid-schemes
https://oag.ca.gov/consumers/general/pyramid_schemes

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