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Pyramid Schemes 1 of 2

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Uploaded by on Dec 12, 2008

Here I explain what a pyramid scheme is, how they work, why they fail, and how you can identify one.

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Education

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Standard YouTube License

  • likes, 44 dislikes

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Uploader Comments (malignantpoodle)

  • What's sad about this video is the subtext of defending linear based W2 employment as the only legitimate business model and any notion of a multi tiered/commission sales organiation is a pyramid scheme. There are mainstream examples like financial and realestate brokerages that employ a multi tiered sales structure which in essence is the MLM business model.

  • @gopassion71

    I never defended W2 based employment, nor was that the point of the video. I explained the difference between W2 and MLM. That I was "defending" it is part of your projection bias and your creation, not mine.

    The inability to see past your own nose is precisely what makes MLM work, so you're probably int he right business :)

  • @malignantpoodle Oh please spare me the pseudo intellectual posturing. When I wrote, "this video" I was referring to the video and the posts contained there within. Your posted rebuttles illistrate the subtext I was referring to. So I do believe there was a "projection bias" but not from me :)

  • @gopassion71

    Oh, so you meant something else other than what you said and we're just supposed to read your mind? I get it...

    That or you're talking out of your ass and backtracking. "This video" means the video, not "the subcontext of posts contained there within". If you have a bone to pick with the author of a post, direct your comments there.

Top Comments

  • @purebullmarket

    Fool. It's a 55 gallon fish tank aerator. Not that I'd expect you to know that, but that's what happens when you make unfounded statements.

  • 41 dislikes? Hmmm...seems to me 41 idiots got scammed and are too embarrassed to admit it.

    Ha!

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All Comments (209)

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  • @ericwaffle31 your assuming that if a person could retire at 30 all they are gonna do is lounge around the rest of their life and not do anything, just cause a person could retire at a young age does not mean they stop working, they just have the luxury of no longer have to work for money..and i would dare to say alot of the younger generation thinks this way as well since they have seen their parents work 30+ years and always worry bout money, always stressed..they dont want that

  • @ericwaffle31 mindset..im betting if i go outsit right now and poll 100 people and give them option A.work for 30+ years and maybe afford to retire or B. retire at 30 and never have to worry bout money again, i am supremely confident every person will choose option B

  • @ericwaffle31 wow, im weird lol...so a person HAS to work 30 + years, and remeind me what manual that is written in again that says its required to work that long..and your right,get rich quick schemes are a scam,but a business that you have to work at to become successfull is not...i bout fell out my seat laughing when i read that last line "noone wants to retire at 30"..did you sniff some paint as you was writing that, you must be someone older in age to say that, or with an old

  • @carsonc29 ur weird lol. get rich quick skemes dont do shit. they are all a scam. the only way to earn money is by working and yes u have to do it 30 + years. the body was meant to work to keep it busy and mentally busy. no one wants to retire at 30

  • @Hectoralana3 Well, You have to look at it from a business POV. Are there other products that do essentially the same thing? Can U find it on eBay? If 'Yes' It's not worth the effort. If 'No", run with it until the competition steps up. Does the comp plan offer decent residuals, and a good possibility of having long term consumers? These are all things to think about.

  • @carsonc29

    If you were right, you'd be out working the idea rather than going around YT trying to sell it to others. I see your activity consists of nothing more than trying to convince people that MLM works so well. If it did, the programs wouldn't need lapdogs like yourself going around trying to convince people otherwise.

    And I'll make videos about whatever the fuck I want, see? You came to me, I didn't go to you. If you don't like it, gtfo.

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