MLM vs. Pyramid Scheme: A Practical Guide to Spot Red Flags, Do Due Diligence, and Avoid Scams
Multi-level marketing (MLM) remains a prominent—and often controversial—business model. For people exploring MLM opportunities or trying to understand the industry, separating legitimate companies from illegal pyramid schemes requires careful analysis and a focus on fundamentals. What defines MLM vs. a pyramid schemeLegitimate MLMs focus on retail sales of real products or services to end customers….