Registered: Aug 2002
08-16-12 03:05 PM
Quote from billyjoerob:
I have my money in the MLM industry so I agree with you to a degree. A ponzi scheme eventually runs out of suckers. MLM never seems to run out of suckers, so it is a sustainable business. But it is undeniable that much of the inventory is not sold to consumers but to the distributors, who may never sell it to customers. In other words, the distributors are the real customers. Ultimately they're selling hope, and there's nothing illegal about that.
It's not my intention to go off topic with your thread, so I apologize for my answer in advance :
First a disclosure: I have an Amway business since 1997 and that is the reason I must answer to let people know that they are not 'suckers' when they start their own Amway business.
You have a point with your explanation, but... What you describe is the usage of a company to run a legal piramid scheme under the umbrella: It's okay, it's mlm. Most of these companys will disappear over the years because they will run out of 'suckers' or the goverment will shut them down.
A legit mlm company and their distributors need to sell the products to a costumer to make serious money and to be legit.