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Don't Fall For Multi Level Marketing - The Network Marketing Scam. Are network marketing and MLM companies a scam, or just misunderstood? Subscribe: http://bit.ly/ytsubdreams
If you're a young ambitious person, an entrepreneur, or about to become one soon, you can bet there are TONS of things you should learn. But this one thing will make or break your entrepreneurial career.
I'm sharing with you why you should be extra careful with any pyramid scheme, multi level marketing contexts.
I offer a free 9 part email course on The Life Design Approach. This is the philosophy that has helped me publish 11 books, live in 6 countries, and become 100% location independent while doing work I love:
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Mentioned in the video, is Donald Trump and ACN. You can find plenty more on this via Google.
In the video I list many known multi level marketing (networking marketing) companies. Here is the complete list:
5Linx - ACN Inc. - AdvoCare - Agel Enterprises - Ambit Energy - Amsoil - Amway - Amway Global, previously known as Quixtar - Avon Products - Beachbody - BioPerformance - Discovery Toys - doTerra - Forever Living Products - FreeLife - Fuel Freedom International - FundAmerica - Herbalife - Isagenix International - Juice Plus - Kleeneze - LegalShield, previously known as Pre-Paid Legal Services - LifeVantage - LuLaRoe - The Longaberger Company - Mannatech - Market America - Mary Kay - Medifast - Melaleuca - Morinda Bioactives - National Safety Associates - Nature's Sunshine Products - Neways - Nu Skin Enterprises - Omnilife - Oriflame - The Pampered Chef - Primerica13 - Qnet, previously known as QuestNet, GoldQuest, and QI Limited - Rodan + Fields - Reliv - Scentsy - Shaklee - Stream Energy - Success University - Sunrider - Telecom Plus - Unicity International - USANA Health Sciences - Vector Marketing - Vemma - ViSalus - Watkins Incorporated - World Financial Group - XanGo - Young Living - YTB International - -
Now Defunct (If you worked for them, you'd lose all your money) - BurnLounge (shut down as pyramid scheme by FTC in 2012) - Equinox International (dissolved in 2001) - European Grouping of Marketing Professionals/CEDIPAC SA (dissolved 1995) - European Home Retail (dissolved 2007) - Fortune Hi-Tech Marketing (dissolved 2013) - Holiday Magic (dissolved in 1974) - Metabolife (dissolved in 2005) - MonaVie (went into foreclosure 2015) - Nouveau Riche (real estate investment college) (dissolved 2010) - Solavei (dissolved 2015)20 - Royal Tongan Limu (dissolved in 2003) - Sunshine Empire (dissolved 2009) - Telexfree (bankrupt 2014) - United Sciences of America (dissolved in 1987) - WakeUpNow (dissolved 2015) - World Leadership Group (dissolved in 2008)