What does the term “checkwaving” mean in network marketing?

“Checkwaving” is a network marketing industry terminology to refer to so-called bighitter network marketers who use their 6- or 7-figure bank accounts to entice prospective distributors to sign up with them. Such “checkwavers” many times have NO WORKING KNOWLEDGE whatsoever on how to do the marketing aspect for their business opportunity.

A true bighitter in internet network marketing WOULD KNOW how to do the marketing aspect for their business opportunity.  Even if he did boast of his earnings, at least a true bighitter DOES HAVE the knowledge on how to do internet marketing for the network marketing business and can teach it to you.