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Network Marketing: Legitimate Business or Pyramid Scheme?
Home :: Business :: Marketing & Advertising
By: Rich Vosler Email Article
Word Count: 1156 Digg it | Del.icio.us it | Google it | StumbleUpon it

  

I was having coffee recently with a sharp twenty something educated college grad (ivy league no less) and we talked about something he'd been thinking about: starting his own business. As a coach, people like to bounce ideas off of me. I had met him on a flight recently and immediately struck up a conversation with him. We were having coffee in a quaint suburb of Philadelphia discussing his options about business ownership. I, naturally, talked to him about my network marketing business. I was a little disappointed when he said, "That's certainly not the direction I was thinking about going." When I asked him to be truthful as to why he wasn't interested he said, "Truthfully? It looks like a typical pyramid scheme where the guy at the top makes all the money."

Now you have to know me. After a decade of involvement in network and referral based marketing, I've heard that many, many times. That's why I should have politely educated him on what truthfully is and isn't a pyramid scheme. But you know what I did instead? I froze. Not because I didn't know what to say but because I was so shocked and disappointed that a guy this young and bright thinks like that. Is this where our Ivy League schools are taking our future leaders? I actually know what they're doing. They're conditioning and programming (there's that word again) them to get jobs. And that's very, very sad. Needless to say, he'll be a customer until he realizes the facts I've outlined below about our legitimate business vs. pyramid schemes. Here they are:

*Every organization that has ever existed is a pyramid. Look at any org chart and you'll see one or two people at the top and everyone else under them. Your church is a pyramid. In fact, God chose this "Pyramid Scheme" to build his Son's church. Jesus sponsored 12 and they in turn went out and sponsored hundreds who went out and sponsored thousands who went out and sponsored millions. The apostle Paul spent his whole life building God's "pyramid". The product was God's message. If it's good enough for God shouldn't it be good enough for us?

*The biggest pyramids of all are the corporations. There's one person or a few people (CEO, president, board of directors) at the top who make the most money. Where are most of us in that "scheme"? Somewhere at the bottom or in the middle with no chance of ever being at the top of the "chain", right? In our business of network marketing or referral marketing, not only can we build an organization to sit on top of, but the person who got us involved will help us! It puts money in their pockets when they help us! And, better yet, if we work harder than they do we can make more money than them!

*Everyone has an equal opportunity, unlike a traditional company or corporation. In my 20+ years in the business world I've never had a CEO or board member offer to help me make more money then them. It just doesn't happen. That's the biggest "scheme" out there. If you want to work 50-60 hours a week for 40+ years building someone else's "pyramid scheme" with little or no chance of making it to the top, go right ahead and have fun doing it.

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To learn more about living a successful life, click on the Sales Power DVD link on http://www.richvosler.com and purchase my program "Secrets of Sales Power." Also, to experience my COMPLIMENTARY Coaching Session, contact me at 609-268-0430 or rvosler@verizon.net.

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