Pyramid schemes (which are illegal) require people to invest money up front, based on the promise that others will put more money into the system, some of which will filter back to the original investors. A pyramid is strictly a money game that rarely deals in real commerce. In most cases, there’s no product involved at all; only money exchanges hands. And while some pyramids may have a product, it’s there solely to disguise the money game.
GoDaddy is a great place to start when you finally determine what domain name you want to purchase. They often run deals for 99cent domains, and have a hosting service as well (although I don't recommend it). I highly recommend their affiliate program as well, since they pay out recurring commissions on purchases. Don't forget, once you have your domain purchased, access the domain manager function inside GoDaddy and forward your domain nameservers to your hosting account!
A simple way to introduce your business, product and system is to hand out informational material to prospects. These tools give a general overview of the MLM and direct the prospect to contact you for more detailed information. Examples of handouts are CDs, DVDs, thumb drives or reading material. Be familiar with the information before giving it to someone you meet so you can discuss it at a later time. The most effective way to use opportunity handouts is to obtain the prospect's contact information and follow up within a few days to schedule a meeting and address any questions.