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MLM Vs. Pyramid Scheme What’s The Difference

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MLM Vs. Pyramid Scheme: What’s The Difference?

network marketing to this question is, MLM, an abbreviation of multi level marketing, is legal whereas pyramid scheme is, undoubtedly, illegal by name. Some insist the nature of MLM is too close to the pyramid scheme, which is actually possible if you think about it. The only way to differentiate them is their intention, but their goals are all but same – sales and profit gain.

MLM plan is defined as a business marketing scheme designed to encourage their distributors to promote their products. Pyramid schemes are almost the same, except it is a fraudulent scheme which acts as some sort of parasite that is disguised as an MLM.

Of course, one would not care about money, but what about the condition of their recruits, if they have gained anything or did their money get leeched off for their company’s own benefit? That differs from company to company, as each have their own requirements and reputation to hold.

Here are the differences between MLM and pyramid scheme for your cautionary:


Products

Every product sold will gain profit for both the company and the distributors – that is how the MLM works. MLM is usually used as a channel to sell the products. Commissions are paid to the distributors at multiple levels whenever the products they successfully promoted are sold.

Pyramid scheme, however, has no real products – only fake investment where money was sucked dry from those unfortunately involved in the schemes.

Legitimacy

The Federal Trade Commission (FTC) has set guidelines for consumers to discern a business’s legitimacy and illegitimacy.

It has been well established that MLM is legal by law. MLM offers actual products for sales, or services to consumers. It also has a hierarchy where commissions are paid on different levels based on the distributors’ product sales. At time of termination, MLM business buys back inventory from participants.

Pyramid scheme, on the other hand, is illegal. It does not have any real products and its profit gain is based solely on new recruitments’ enrollment fees. Moreover, the pyramid scheme does not have any inventory.

Setup


The aim of an MLM scheme is to promote distributors for the products and increase the sales force. The distributors or promoters guaranteed commission on the sales of the products as well as receiving compensation for the sales their recruits have produced. The multi level marketing compensation is designed in such a way that the commission is charged to the individuals at various levels when a single transaction is made and the commission depends on the total amount of sales generated.
The objective of pyramid schemes is selfish. The money charged to the enrollers into the scheme where no real product is sold became their profit. The only individuals who gain the money are those who are involved in starting the scheme, unless the recruitment comes to a halt and they will lose their money.
Nevertheless, it is best to be on your guard if you insist on participating in the business as many people have lost their income working in MLM companies, even the legal ones.

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A Good And Affordable Property In A Good Location

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Hey, do you want to know about a property that is surprisingly too affordable or below its market? This is something you should not miss. I am talking about the Bangsar South condo for sale in which the price is lowered. This is a rare situation you know and thus, since you already know about this, you should act right away, even if you don’t really mean to buy a property at this time. If you have a good credit score, you can easily apply for a loan and turn this into a rental property. 

More information about the affordable property:

  • The property is just listed or maybe, newly adjusted. That is why it is now the perfect opportunity to talk to the assigned broker or to the owner. Who knows he might be busy already dealing with buyers as this is something that does not happen all the time. 
  • You need not worry as it is a freehold property. But of course, you can also make your own digging, considering that there are so many scammers in this world and the real estate industry is not free of one. It is still best not to be complacent. 
  • It is unfurnished, as what is mentioned above. This should be perfect if you have your own appliances or you want to shop for one. even if you will just have it rented, you can just buy affordable appliances so you can rent it affordably as well. 
  • It is close to some of the most useful landmarks in the area like the night market, themes park, educations hub, convention center, tourism hall and still many others. Yes, and this should make your day to day living easier to deal with as there will be no need for you to commute or spend on gas. 

Do you think this is a good catch? Then you should give the owner or the assigned broker a call right away! Note that you might not be the only one who read this article or their post. Yes, they also make a post and thus, you can say that this is first come first serve. 

Do you also want to check other properties in Taman Tun Dr Ismail? Yes, this place is also a great location and quite interesting. They have great reasonably priced properties as well. 

For more articles, visit this website.

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Fast Money Entertainments For Adults

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Fast Money Entertainments For Adults

Now that we all have grown, how does it feel? Free from all the responsibilities that your parents put on you? I personally feel like we just get more responsibilities as we grow up. We have bills to pay, we have our wants and needs, and we have upcoming commitments that we cannot help ourselves but think of it every day. In a way, it eats us up and we tend to get more tired every day from not being able to have a proper rest and relax our mind. Thus, I have solutions for you to choose from. Not only that you get to make money out of it, but you can also enjoy the entertainment available for each solution.

Let us start with the first one, first. The first one would be trading stocks. As you all know, playing trading stocks does not ensure your safety. It has its own time based on the economic ups and downs. But if you study the graphs and have some basic knowledge regarding trading stocks, I am sure you can have fun playing around it, because I know some people who actually enjoy doing stocks trading. At the same time you are learning, you get to gain more knowledge, enjoy the entertainment as an adult and get profit.

Secondly, you can also play around doing tasks. You know how nowadays people would like to get more followers and likes on their posts on social media, right? Well now, they have a platform where you can do that tasks for them and get paid. It’s more of a win-win situation, the best part is that it requires you to not give out a single cent of your money on this platform. On top of that, after a certain amount of money you have on the platform, you get to upgrade and do more tasks and get more money for doing more. How fun is that?

Last but not least, if you are a gambler, this might be the solution for you. You can now play gambling online at Malaysia best online casino on your desktop, pc, laptop, or even better, your mobile phone. I know that some of my readers might be gamblers, and that is okay, people definitely enjoy things differently. Hence, what is there to be 918kiss game of? Try this out and play it, you might even love it because I know you could not possibly travel to gamble.

To summarize, adults have fun differently compared to when we were younger, obviously. But it does not change anything about us. Of course, now, we care more about money than everything, and by everything, I mean everything requires money. If you do not have money, you will be left behind. Hence, money is really important nowadays. So, what are you still waiting for? Try these things out and enjoy the fun as adults. But bear in your mind that these things can be quite dangerous without proper knowledge and guidance. Thus, get yourself a tutor and then, play.

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Best Places For Scuba Diving In Malaysia

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Best Places For Scuba Diving In Malaysia

It is not uncommon to Malaysians that we litter very often no matter where we are. In fact, we are actually considered as one of the countries with the most plastic waste in the world. In some beaches like Penang, Langkawi and Pangkor, the ocean is colored green with litter and dead sea creatures wash ashore. However, that doesn’t stop us from protecting parts of our ocean that have yet to be polluted by trash. There are some locations in Malaysia that we can visit during the holidays with our loved ones to go for scuba diving and here are some recommendations.

Perhentian Island, located at the east coast of Malaysia, is one of the best places for scuba diving in Malaysia with the ocean remaining untainted and maintained by an organization formed by veteran scuba divers known as Anti Gravity Divers. This organization has earned a 5 star in the Professional Association of Diving Instructor (PADI) and provides diving sessions for newcomers and diving courses for the committed. The island consists of multiple popular diving spots such as the Tukun Laut, Batu Layar, Batu Nisan, shark point, and multiple shipwreck sites that are now home to multiple fishes including sea horses and the blue-ring octopus which is widely known as one of the most venomous sea creatures in the world.

Also located at the east coast of Malaysia, Sipadan Island offers some of the scuba diving destinations malaysia and provides different experiences depending on the month of visits. For example, if you were to visit Sipadan Island between April and June, you are able to see clearly underwater up to 50 meters while visiting between May to August allows you to see sea turtles laying their eggs on the beach. However, tourists are not able to find accommodation on the island itself as the hotel that was once established was close to protect the environment. Therefore, tourists are required to stay in places nearby Simpadan Island such as Mabul and Kapalai with the added benefit of having scuba diving spots of their own and all 3 of the islands are 20 minutes away with a boat. Alternatively, one can stay at the fishing village in Semporna for cheaper accommodation as Mabul and Kapalai are known to be expensive. Semporna also offers diving opportunities as many of its islands, islets and reefs are under the protection of the Semporna Marine Park as well as offer some of the cheapest and most delicious seafood.

Most of the western side beaches of Malaysia have been known to be filled with trash and unattractive to tourists spots, including the aforementioned Penang, Langkawi and Pangkor. However, tourists can expect a great experience when they visiting Pulau Payar in Langkawi as it is the only diving and snorkelling spot on the west side of Malaysia that boasts of its clean water, great itinerary services, and marine lives swimming close to the beach for tourists to spot.

open water diver certification , scuba diving offers a unique experience that one can rarely experience and it’s definitely a must-try for everyone to not only see the beauty of the ocean, but to also have a greater sense of appreciation for it and the lives that dwell within it.

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