How Exactly Do Networking Companies Work

I have been hit so many times by MLM businesses. I have listened to all their pitches about how you can retire early and have wealth beyond your belief. After hearing the sales pitch of one you have heard them all. But in my mind I always question whether or not it is true that a person can be a millionaire off the MLM system of marketing. I mean it is a duplication of ones own efforts exploded by the efforts of many others. But is it a pyramid scheme, or is there really an honest way to make money by signing y0ur friends and family up below you in a matrix commission paying business. The way I have learned is that you join a business and you tell your friends about it. They in turn tell their friends, and then you start generating wealth through the efforts of many people working in your downline. To me this is a very genious idea that in fact is a real way of creating wealth. But why is it that MLM or now called network marketing companies are looked so poory upon. In my mind I believe that the idea is a very good one, and there are real good companies out there with the opportunity to build wealth. But the bad name has come from people trying to scam on others. So after a few people have been burned, the whole industry is labeled as a scam. I do no believe this is so. I am currently a network marketer and I have seen the success it can generate. So as a conclusion, I would like to say that network marketing a a legitimate way of creating wealth. It is no different than a heiarchy of management in the corporate world. All things are build off the pyramid model and network marketing is just a way to duplicate your efforts in creating wealth.