Financial Suicide Till You Quit
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Terms

MLM (Multi-Level Marketing):

  • Multi-level marketing is a marketing strategy in which individuals earn revenue and profit not only from the goods they sell, but also the sales of individuals they bring into the organization.

IBO (Independent Business Owner)

  • An Independent business owner with respect to multi-level marketing is an individual who buy’s in (set up fees) to sell the goods of a company. Individuals pay a fee (i.e. $500) to set up their business so they can sell Amway Products.

Downline 

  • A down line is all the people you bring into the organization. You will make money of these individuals’s sales or people they bring in.

Upline

  • An up line is individuals who bring you into their organization. These individuals will make profit of any goods you sell or people you bring in.