AnHonestLiving's Channel

14 subscribers

3,866 video views

About An Honest Living

Helping people to evalutae REAL business opportunities and spot the scams.

Created by

AnHonestLiving

Latest Activity

Apr 14, 2008

Date Joined

Apr 14, 2008

About this user

Im here to put an end to the online scams on youtube, like it or not. Starting with My Internet Business, Passport to Wealth and the rediculous Cash Gifting.

How to Identify a Pyramid Scheme:

A highly excited sales pitch.

A reassurance that it is not, in fact, a pyramid scheme, possibly with a false account of what a pyramid scheme is.

Little to no information offered about the company unless an investor purchases the products and becomes a participant.

Vaguely phrased promises of limitless income potential.

No product, or a product being sold at a price ridiculously in excess of its real market value, or a product with minimal or unrealistic market potential.

As with the company, the product is vaguely described.

An income stream that chiefly depends on the commissions earned by enrolling new members or the purchase by members of products for their own use rather than sales to customers who are not participants in the scheme.

A tendency for only the early investors/joiners to make any real income.

Assurances that it is perfectly legal to participate.

The insistence they are not here to pressure you but merely to guide you.

The idea that there are no bosses, only coaches and mentors.

Country

United Kingdom

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