If you're trying to earn money online you will see a lot of so called business opportunities that promise quick payouts and huge returns. When you see MLM's like this they are most likely scams. The methods used are usually unethical ways of making money or worse yet, be completely illegal. In many of these ponzi schemes some of the people who got in early will make money at the expense of those people who came in later. In a few months most of the companies are gone, with most people losing there investment entirely. Getting involved in these schemes is never a long-term plan for financial success online.

You can get rich with MLM companies but you need to change your idea of what get rich quick means. The true meaning is a few years, not overnight. Yes there are some who can jump in any company and make money right away. However the average person on the internet can not become a millionaire overnight by joining a MLM company. What you should be focusing on doing is building yourself a residual income instead of getting rich quick. In order to build a residual income you will need to be dedicated and have patience to succeed in any company. Do not jump from opportunity to opportunity.

Some MLM companies out there are not structured to be around for years down the road or the CEO has a track record of opening and closing companies every few years. It is important that you research a company and the CEO before joining to find out that information. You want to avoid those types of companies, while they may not be scams you can not build a long term residual income if the company will not be around after a few years. You are looking for a solid company that has a track record and will be around 10 years plus. There are legitimate MLM companies out there that are structured for long term success for you to build yourself a residual income.

There are many warning signs that scream scam when you are looking at a MLM company. Some of the obvious signs are companies that have no name of the CEO or a contact phone number on the website. You have to ask yourself if this is a legitimate opportunity why are they hiding there information. Signs that are no so obvious are start up fees, front loading of products, selling leads and training where you have to pay. These all look like legitimate costs, but for the most part they are additional ways for the company to make money off of you.

One simple rule to spotting get rich quick scams, is if the proposal seems too good to be real then it most likely is a scam. MLM is not get rich quick it is build a long term residual income. This will take time, dedication and hard work. With the right company any one can succeed online.