Is Network Marketing really that profitable?

[Driven_Magazine]

I get offers to attend some Network Marketing business presentation, but I never attend. Mainly because in the back of my mind, I feel its just another pyramid scheme of some sort.

But am I wrong? Is network marketing really profitable? Am I missing out?

[myfayt]

My father has been in a dozen of them. They are scams, he has lost lots of money in them, and is a very good salesman.

Basically you pay like $200 to get in, the person above you makes like $40 of that. You must remain very active or else you lose your membership, or some you have to renew every 12 months to stay in.

You are not allowed to sell the products in stores or businesses. They must be sold to individual people only. So you sell a bottle of Acai berry drink for $30, you make a few bucks on it. But you need to sell a minimum of like 50 a month. If you go over 50 a month you can move to the next rank, and make a whole like $50 per sign up, ooooooh big deal.

They promise you things like gold star, the company buys you a car, you make $250,000 a year, invited to special business meetings, etc. Which might be true if you can sell their minimum, like 15,000 bottles a month. Recruiters will tell you they are a gold star and tell you how much they make and everything, when really, they are trying to make their money back.

Back in the day they were worth it. They weren't all scams, then the government jumped in and set rules, and took over. Now it's impossible to do anything with them.