In this final part, I tie up many concepts about endless chain schemes in the story of Peter Ponzi. Peter was a young and ambitious marketer of $10,000 pencils. Although he had the best of intentions, Peter went to jail. I close the ebook by offering some suggestions to help you spread the message about endless chain schemes. Until the industry finds a way to uniformly rid itself of pyramid schemes, the public’s perception of network marketing will always be hampered. The industry only works with passionate people committed to telling a product story and selling. Enjoy!

Defining the Gray_Final

In the network marketing industry, the law is a mess! It’s confusing, convoluted, and inconsistent across the country. With this five part ebook, I thoroughly describe the current legal landscape surrounding the industry and propose some solutions to help preserve the industry’s image. I’ll be releasing a segment of the ebook each week. As you read it, please feel free to post your thoughts in the comment section here on my blog. The article is also posted on the site for my law practice, The Advocate Group.

And I forgot to mention, I’ve launched my own law practice. I’ll be specializing in regulatory issues surrounding the network marketing industry. It’s a niche among niches and I enjoy it. I think if done properly, responsible companies in the industry are poised to meet the growing demand for viable opportunities. However, companies need to be educated of the legal pitfalls before diving headfirst into a game they may not fully understand. Enjoy!

Pyramid Schemes: Saving the network marketing industry by defining the gray

Defining the Gray_Part I