Multi-Level Marketing companies come and go in waves. They also kinda develop in fads. Once a breakout new company proves itself, often copycats quickly follow.

We've already seen juices and energy drinks. We've seen deregulated energy.
We've seen penny auctions.
We've seen info/training systems.

So what's the next big thing?

I think it's going to be gamification. Online gaming. App gaming. Or even websites systems which gamify the...

IM and MLM are feuding cousins. Love/hate but related. $$$$ is the motivating factor.

They're related because people want to systemize their work. They want to have a low-overhead but high-profit potential business that they atleast feel like they own.

I imagine the success and failure rates in both industries is similar. (Although I have no data, just a hunch.) Because people are people.

Any biz model requires persistent work; and a little bit of...

Rich Dad Poor Dad author Robert Kiyosaki files for corporate bankruptcy protection.

Does this mean this financial guru is a fraud? Are his philosophies wrong?

I discuss in this video:

Robert Kiyosaki Bankruptcy - YouTube

by Jeff Burritt

The Wall Street Journal is reporting tonight that the Securities and Exchange Commission declared Zeek Rewards a $600 million Ponzi scheme. The SEC froze assets and ordered the company closed. The CEO Paul Burks, agreed to cooperate.

This was a surprise to many affiliates making huge sums with Zeek. More on this story as it develops. For now I posted a video explaining what to do next http://youtu.be/EYQIoazFHYc

-Jeff

Zeek Rewards Shut Down by Attorney General's office which was investigating recent allegations.

The Penny Auction business model is legal and proven; but it appears Zeek may have problems with industry best practices including affiliate compliance standards.

My CPA friend and I posted a video of our discussion here http://youtu.be/EYQIoazFHYc

We will be updating with more info as it comes available.