In a word, no.
MLM, or multi-level marketing, generally refers to plans involving a single company, where you try to recruit a huge "downline" of people under you in order to make profits from their efforts.
Network marketing, as practiced on the Internet and in face to face dealings today, is much different. Yes, you're still trying to "build the list". These contacts are very important to you. But it's no longer about a single company, or a single product line. It's about the contacts you make.
Because you're going to make contacts that buy what you are offering. You're going to make other contacts that have something you want. You're going to form joint venture deals with some contacts. And other contacts are going to TEACH you things you never dreamed possible about how to expand your business.
Best of all, along the way, you're going to make some life-long friends.
It's how successful businessmen and entrepeneurs have always made their money. It's not what you know, it's WHO you know. It's not what your product is all about, but about who can successfully SELL your product, who can IMPROVE your product, and who can tell you what's WRONG with your product.
I recently read an interview with someone you've all heard of...Donald Trump. When asked what venue he would choose if he lost everything, and had to start all over again, he didn't even hesitate.
"Network marketing," he said.
It's all in the list.
