A lot of people think MLM/Network Marketing is fake, a scheme. Although there are a lot of legitimate companies, there are also a lot of mlm look-a-like schemes. For example Ponzi-Schemes.
The Evil Legacy of Charles Ponzi combined with MLM.
What’s a Ponzi-Scheme?
An mlm ponzi-scheme is a mlm look-a-like company that pays out commissions but the product has no real value or is hugely overpriced. The money is collected by the “company” and it pays the commissions to the affiliates.
Here’s a little story to make things a little clearer:
There’s this company called Company-X. This company claims to be a MLM company and they sell a website you can use to promote your business. It’s a duplicated website they sell for $55 a month. When somebody buys a website from you the company collects the $55 and pays you $55 commissions (it’s a 100%commission pay-plan). Your first 2 sales roll up to your sponsor and every 7th sale after that rolls also up.
Now let’s analyze Company-X.
First of all the company pays commissions on the sale of a website you can use to build your business, such a website is a tool and it’s not allowed to pay commissions on tools!
Another problem is 100% commissions. If a company can pay out 100% commissions that means there is no real value on that product, that means it’s a scam!
First of all the company pays commissions on the sale of a website you can use to build your business, such a website is a tool and it’s not allowed to pay commissions on tools!
Another problem is 100% commissions. If a company can pay out 100% commissions that means there is no real value on that product, that means it’s a scam!
This company, Company-X, will be shut down sooner or later! It’s just a matter of time.
Here are some RED FLAGS to look out for if you’re wondering if a company is real or a scam:
Here are some RED FLAGS to look out for if you’re wondering if a company is real or a scam:
1 – 100% Commissions.
2 – Aussie 1 or 2 up. (your first or your first 2 enrollees will roll up to your upline, sometimes it’s a spinoff of this system.)
3 - Having tools as a product. Tools like websites, training or promotional tools.
4 – A highly overprized product. (for example a duplicated website for $100 a month or a single, regular ballpoint pen for $50 or a business training shot with a webcam at a convention for $150.)
2 – Aussie 1 or 2 up. (your first or your first 2 enrollees will roll up to your upline, sometimes it’s a spinoff of this system.)
3 - Having tools as a product. Tools like websites, training or promotional tools.
4 – A highly overprized product. (for example a duplicated website for $100 a month or a single, regular ballpoint pen for $50 or a business training shot with a webcam at a convention for $150.)
there is no monthly fees, People spend thousands on advertising each day and sometimes get nothing in return.
I have spent money on advertising online and even though I have got hits and sign ups only an handful ever do anything with the business.
HRS is offering you advertising space on a website that is growing at the moment on average 500 new people per day that is 3500 new member per week 15500 per month. and even if you don't get any hits to your site you are still getting paid upto 6.5% on what you spend on advertising for 30 days.
To me it is a no-brainer Join free today and earn on your advertising
Dean T
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