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What's the difference between private board meeting and pyramid selling?
The biggest difference lies in its legitimacy. Private board meetings are legal, while pyramid schemes are illegal.

The private board meeting, also known as the president's private board meeting and the CEO's private board meeting, is a new model for entrepreneurs to communicate and socialize, which can perfectly integrate executive counseling, action learning and deep socialization. The core is to gather the wisdom of entrepreneurs from different industries and solve more complicated and realistic problems in enterprise management. Luo Biao, CEO of Tiger Company, has held several private board meetings before and played many games.

MLM refers to the behavior that organizers and developers illegally acquire wealth through developers or require the developed personnel to obtain the qualification to join on the condition of paying a certain fee. The essence of pyramid selling is "Ponzi scheme", that is, the money of the latecomers is distributed to the income of the pioneers.

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The development and formation of pyramid selling;

MLM originated in the United States at the end of World War II and was formed in Japan after World War II. In foreign countries, MLM and direct selling have the same meaning, that is, there is only one concept of MLM abroad.

The main idea of foreign MLM is: driven by the word-of-mouth generated by customers' use of products, let customers help distributors promote products and share some profits, that is, customers spread sales. This is two concepts with domestic pyramid schemes.

Chinese MLM: It's a fake company, a fictional product, and everything is empty. Is to pull people's heads, or control personal freedom, confiscate property, and be unable to contact the outside world. Learn those MLM training materials every day. MLM is essentially a Ponzi scheme, which is to distribute the money of the latecomers to the income of the pioneers.