RealCashCow - Practical Advice for Starting and Operating Your Own Business.
Practical Advice for Starting and Operating
Your Own Business.
Sign in to join Mark Shapiro's fan club.
Columnist

Testing For MLM Scams

by Mark Shapiro
JudgmentBuy.com

I am the judgment broker who writes often. In my work, I talk with lots of judgment owners all over the USA. I see lots of judgments against MLMs who got sued, by the victims they conned.

Many of the judgments I have been sent on a MLM will not ever be collected. Most were served by publication (the weakest method of serving a lawsuit) as the MLMs hid their actual location. Also, many MLMs got sued only by their company name, that disappeared or folded soon after they were sued.

In my article, I offer 10 easy checks you can do, to study MLMs, before you pay them anything. While not foolproof, these ten checks are easy, and may help test if MLMs MLMs are likely to turn out to be scams:

1) First, most MLMs are scams in some way or another. The best of them scams you by encouraging you to think it will be easy cash working or selling a MLM's product or service. The rotten MLMs rip you off. No matter how great a MLM is, everything actually relies on your ability to sell and you yourself.

2) Is their product or service in some way unique, real, a bargain, needed, or what a customer wants? Not many MLMs will pass this test. Some people will succeed even if a MLM fails this test, yet most people will experience little or no success, unless a MLM passes this test.

3) Can one earn money without recruiting others to sell on your behalf? If the MLM pays you only for recruiting others, that can be an indication they do not have a real product.

4) Does the MLM charge you a lot to join them? If their signup charge does not include something with value, be careful.

5) Another warning sign is, do they tell you that you will become rich quickly? 6) Do they tell you what product they have? If the MLM's sole products are web sites and brochures, beware.

7) Does the MLM claim that anyone can succeed? In the real world, a mixture of luck, funding, skill, and hard work, is most often mandatory.

8) Do web searches for the MLM show only fantastic reviews? If so, be careful of false reviews by shills. When there are negative reviews, look at them, and remember that there are 2 sides to most stories.

9) Do they use a physical location, a phone number to call, and do they answer emails? There are many good companies which do not do, or have all 3. It's a good sign when they have at least 2 out of 3.

10) How private are they? Is their domain name ownership (whois: domainname.com) hidden, or with a proxy service? Are they based in Florida? Do they have any mailing address at all? The more private a MLM or any company is, the more careful one should be when you deal with them.

http://www.JudgmentBuy.com - Judgment Enforcement - the easiest, fastest, and best way to get money for your judgment.

Mark Shapiro, a expert on judgments. We pay for leads, and have the best quality free leads for collection agencies, enforcers, and contingency collection lawyers.

Article submitted Wednesday, February 22, 2012 & read 1 times.

Leave your comments through Real Cash Cow:


No comments yet.
0-0-0-0-0-ADSO
Copyright © 2012 IcoLogic, Inc.
Page viewed from Cache.
Page load time: 0.000 seconds.