Network Marketing: A Pyramid SCAM or Scheme????

What is a pyramid? Are you fully educated or are you someone who forms opinions not based on facts but what you have heard someone else say. We say, read it for yourself! Start with Kiyosaki/Trump's "Why We Want You to be Rich" and read what a millionaire and billionaire have to say on the subject. They might just know what they are talking about.

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[sbohandley]

But unlike a corporate pyramid, in MLM and other types of pyramid schemes, virtually all of those at the bottom (the “downline”) lose money (some a lot of money), where in a corporation, those at the bottom at least get a minimum wage.

[jswalsh777]

@sbohandley People who have that attitude have usually been unsuccessful at MLM and want to blame the industry vs themselves. Gladly, your opinion and experience is NOT everyone's.

[808SeniorBeef]

Lawl booshaat :D

[968294540]

"....no one care about all that."

Right.

All their care about is your money..huh.

[sbohandley]

@jswalsh777 "Fake till you make it" right???? The system itself dooms nearly all participants to failure. MLM is built on an endless chain of recruitment of participants as primary customers. It assumes both infinite markets and virgin markets, neither of which exist. It is therefore inherently flawed, fraudulent, and profitable only for founders and those at or near the top of their respective pyramids of participants. Even with their best efforts, the vast majority will always lose money.

[sbohandley]

Yes, corporate America is a pyramid. But, at least the employees are not forced to Pay to work there or buy it's products. Also in a regular company there is minimum wages and higher pay scales for certain qualifications. Your regular job doesn't require you to exploit your friends and family for financial gain. Residual income is a mirage. You spend all your time and money recruiting to replace your downline because the MLM attrition rate is over 90% a year. Only people at the TOP make money!

[cynthias777]

thanks for posting this. Corp America may not like you, but I think we think alike!

[DonnieSmith7]

Thanks for sharing the information.  Great Video!