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What Is The Difference Between A Pyramid Scheme & a MLM?

Posted on 12/8/17 at 9:38 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 12/8/17 at 9:38 pm
I was watching "Betting on Zero" on Netflix. It's about the company Herbalife. Is being a MLM a loophole for Pyramid Scheme?
Posted by Cosmo
glassman's guest house
Member since Oct 2003
132696 posts
Posted on 12/8/17 at 9:39 pm to
No difference
Posted by SidewalkDawg
Chair
Member since Nov 2012
10308 posts
Posted on 12/8/17 at 9:39 pm to
No that's silly, look all you need to do is buy some Herbalife from me, start selling your own and eventually you can own a 98 corolla and live in your mom's basement.
Posted by Rebel
Graceland
Member since Jan 2005
144684 posts
Posted on 12/8/17 at 9:40 pm to
Pretty much the same thing.

Would you like to buy some Amway?


Posted by Twenty 49
Shreveport
Member since Jun 2014
21536 posts
Posted on 12/8/17 at 9:40 pm to
It depends on whether you are a sucker/associate or a regular person with a modicum of intelligence and dignity,

Otherwise, they are the same thing.
Posted by Tiger Ryno
#WoF
Member since Feb 2007
108752 posts
Posted on 12/8/17 at 9:40 pm to
I'm working On starting a MLM plan only with food trucks.
Posted by TDcline
American Gardens building 11th flor
Member since Aug 2015
9504 posts
Posted on 12/8/17 at 9:45 pm to
They are totally different bro...

I can tell you all about it while we drink Zimu and wrap our fat asses with ‘It Works’ products.

Bro, it totally works!
Posted by whit
Baton Rouge
Member since Sep 2010
11080 posts
Posted on 12/8/17 at 9:46 pm to
What MLM is?
Posted by Bushmaster
19th Hole
Member since Oct 2008
39963 posts
Posted on 12/8/17 at 9:47 pm to
A pyramid scheme.

Multi level marketing
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 12/8/17 at 9:48 pm to
There was a statement someone made that said "we are not a pyramid scheme, we are a mid-level marketing company". Is there a legal difference? Pyramid schemes are illegal, so what makes these companies be able to keep running as a legit company?
Posted by O
Mandeville
Member since Oct 2011
6801 posts
Posted on 12/8/17 at 9:49 pm to
It's not a pyramid scheme.. It's a reverse funnel.
Posted by GeorgeQGlass
Austin
Member since Oct 2017
297 posts
Posted on 12/8/17 at 9:57 pm to
No difference. Essentially the same. Are you thinking of a Ponzi scheme vs. Pyramid scheme?
Posted by TigerBandTuba
Member since Sep 2006
2561 posts
Posted on 12/8/17 at 10:04 pm to
The main difference is that a pyramid scheme is illegal and Multi-Level Marketing isn't.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82343 posts
Posted on 12/8/17 at 10:04 pm to
Nothing, they both have the pyramid effect
Posted by bird35
Georgia
Member since Sep 2012
13735 posts
Posted on 12/8/17 at 10:08 pm to
The 77% of Herbalife sellers who make less than 1,000$ a year before expenses are not bad people just mislead and under educated.


The 15-50 people making millions a year are evil.


I am watching the documentary and last year I read a book exposing Amway.


They use the same language almost word for word.

Posted by soccerfüt
Location: A Series of Tubes
Member since May 2013
76217 posts
Posted on 12/8/17 at 10:12 pm to
quote:

The 77% of Herbalife sellers who make less than 1,000$ a year before expenses are not bad people just mislead and under educated.
Writes “1,000$“ and talks about “under educated” folks.

Is irony intended?
This post was edited on 12/8/17 at 10:13 pm
Posted by OweO
Plaquemine, La
Member since Sep 2009
122545 posts
Posted on 12/8/17 at 10:17 pm to
quote:

Are you thinking of a Ponzi scheme vs. Pyramid scheme?


No, I know the difference between both, Ponzi schemes are when people convince people to invest, then use the money people invested to pay the other people hoping they will keep their money in while they usually use the money to finance a lavish lifestyle.
Posted by ronk
Member since Jan 2015
7632 posts
Posted on 12/8/17 at 10:29 pm to
If your bro’s women are pitching on Facebook then it’s a pyramid scheme and that is the same as MLM. Juice plus, face creams, essential oils, etc. MLM’s posting shite and getting other MLM’s to like and comment.
Posted by Bullfrog
Running Through the Wet Grass
Member since Jul 2010
61823 posts
Posted on 12/8/17 at 10:36 pm to
MLM requires the sale of product. Not just a straight “investment” like a ponzi.

Ponzi are the shitz if you get in early.

Thanks BitConnect
Posted by TigerstuckinMS
Member since Nov 2005
33687 posts
Posted on 12/8/17 at 10:37 pm to
quote:

What Is The Difference Between A Pyramid Scheme & a MLM?

If Drew Brees is part of it, it's MLM. Otherwise, it's a pyramid scheme.
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