Topic: Will you invest in a MLM scam in early stage? - page 13. (Read 17853 times)
I did this before. I was earning a lot from it at first and was able to withdraw it at the perfect time every time. However, I got unlucky in the end and I invested it in MLMs that easily shutdown and ran. Some even ran on the first day. So in the end I didn't really earn a lot. Though, if I just key my earnings from the first few investments then I could have walked away in profits.
I never invested in MLM schemes, many of friends are doing MLM business they are making enough money from it. But we have to spend many hours in the conference to spread a word about the product and income we are getting through schemes, only a few people will show interest towards MLM.
Even MLM is very difficult to get referrals under us because the value of products will be high and those products will not attract people.
No i don't think all the MLMs are like that. Some of the MLM companies does have very affordable price and their products are very attractive. To be honest, I already tried doing multi level marketing or MLM and for me it is a good experience because i was able to earn good amount of money that is enough to buy at least 5 bitcoins. Even MLM is very difficult to get referrals under us because the value of products will be high and those products will not attract people.
I never invested in MLM schemes, many of friends are doing MLM business they are making enough money from it. But we have to spend many hours in the conference to spread a word about the product and income we are getting through schemes, only a few people will show interest towards MLM.
Even MLM is very difficult to get referrals under us because the value of products will be high and those products will not attract people.
Even MLM is very difficult to get referrals under us because the value of products will be high and those products will not attract people.
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
In the beginning the MLM system is very good in paying the pioneers but let us examine where are they taking the money for payout, of course it comes from the new members. MLM system is a kind of pyramid scheme that attracts the attention of the public to join as it promises big returns. They have good presentations that will make ther prospects excited and join the system and later found out that it is hard to sell their product. MLM is a tool for the company to sell their products fast while taking advantage of the weaknesses and the desire for profit of the members. If I dont have a conscience I will join an MLM and will enjoy the money coming from the pocket and hardship of the members below me. STOP MLM it is a scam.
Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.
Will you invest in such scheme well before it vanishes with bitcoins/money?
Will you invest in such scheme well before it vanishes with bitcoins/money?
Your question itself is not very well composed
More specifically, you consider a situation from a purely hypothetical point of view (which you admit yourself), and at the same time ask us for a non-hypothetical reply. Therefore, I don't think that it is a correct question. It is like asking how long ago you stopped beating your wife if didn't have a wife in the first place. Purely hypothetical and on purely economic grounds, yes, it might make sense to invest in such a scheme, but in reality you can't know how long this scheme is going to be paying out (unless you are the guy behind its creation, of course)
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are thinly veiled Ponzi schemes; yes, this is blood money.
Unfortunately most of the MLM schemes are coming with no actual business, yes they are coming with no product but circulating the money is their main business. This kind of MLMs should be avoided because those ponzi may get is landed in scamming.
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are thinly veiled Ponzi schemes; yes, this is blood money.
The fair business should have a win win solution, i mean both sides should have get profit that makes sense.
In MLM the system looks really shady not transparent , the point is that really about collecting money other people and run when they think it is enough.
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are thinly veiled Ponzi schemes; yes, this is blood money.
Unfortunately most of the MLM schemes are coming with no actual business, yes they are coming with no product but circulating the money is their main business. This kind of MLMs should be avoided because those ponzi may get is landed in scamming.
Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
I've seen a few different stripes of MLM scheme. Some actually generate value, like the ones that sell the offbrand products, or privately made products. If you can generate customers, you can actually make value in the system (not just extract it from others in the system). But for the ones that are thinly veiled Ponzi schemes; yes, this is blood money.
Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
You will obtain a profit in MLM if you are on and have a lot of referrals but you should be able to fool a lot of people so that they would bargabung but I am sure this way would sin
Anyone who puts money in is supporting the scheme and all of the returns that they get will be dirty money from naive later investors, often people who were referred into the scam.
No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.
Correctly. I also lost some money in the pyramids several times and do not want to take any more risks. Only the creators of this project can profit there.
Here is a interesting, hypothetical situation. What will you do if there is a MLM scam going on and it is in early stage. It is assuring 10% monthly return in bitcoins (of course it has that referral bonus part as well but it is optional, you don't need referral as you are getting 10% on your investment.). B'cause of it's early stage, people are investing happily and getting returns monthly. In short equation of incoming source money > outgoing money. By looking at situation, let's say this scam/scheme will go on two more year. There are some people who rip benefits from these kind of scams/schemes as they invest very early and in large chunk.
Will you invest in such scheme well before it vanishes with bitcoins/money?
No I don't invest in any MLM company that has a registration fee for you to become a member, especially in online mlm most of them are more in hyped and they are good in mind setting of individuals, they have the power of convincing others to join in their business. And these are more in referral program and this is their scheme system always. they earn only if someone get involve to their company. Therefore, no recruit, no profit. Will you invest in such scheme well before it vanishes with bitcoins/money?
I was never interested in invest MLM, it is because it's been a lot of negative news about MLM. Even in my place in the jail because MLM founder proved to deceive many people. MLM is a scam, do not ever believe.
it's not just a news , but it's a fact!some people with low knowledge about investment world will fall into this ,
as long as you stay careful and smart enough you will not get in ,
the service like this is confirmed have no benefit.
Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
actualy they already know about the system of MLM if they come on board I think they have to accept all the risks that exist when MLM reset. but it would be profitable if you are on the topMy personal preference is everyone having a percentage of overall profits. Basically the payment system Captain Ahab's ship, The Pequod, used in the book Moby Dick.
With set wages, there isn't much incentive for people to work harder or smarter.
If someone is paid $7 an hour, they're paid the same whether they work hard or slack off.
There isn't much incentive for them to work in the best interests of their employer.
Being paid a percentage of overall profits could give people incentive to do their job better as their wage is tied to the overall well being of the parent organization.
MLM's tend to mirror the executive format of fortune 500 companies in some ways, which could be said to reinforce wealth and wage inequality as CEO's are often paid exponentially more than they should for the amount of work they do.
MLM's might also be said to reward seniority more than hard work, which could in turn reinforce the type of glass ceiling which prevents deserving people from being promoted past a certain point.
The way MLM's are structured isn't as fair or balanced as they could be imo.
But like I said from the beginning, this is my personal preference. I'm sure there are those who disagree & have their own views.
With set wages, there isn't much incentive for people to work harder or smarter.
If someone is paid $7 an hour, they're paid the same whether they work hard or slack off.
There isn't much incentive for them to work in the best interests of their employer.
Being paid a percentage of overall profits could give people incentive to do their job better as their wage is tied to the overall well being of the parent organization.
MLM's tend to mirror the executive format of fortune 500 companies in some ways, which could be said to reinforce wealth and wage inequality as CEO's are often paid exponentially more than they should for the amount of work they do.
MLM's might also be said to reward seniority more than hard work, which could in turn reinforce the type of glass ceiling which prevents deserving people from being promoted past a certain point.
The way MLM's are structured isn't as fair or balanced as they could be imo.
But like I said from the beginning, this is my personal preference. I'm sure there are those who disagree & have their own views.
First of all, I would like to mention that a CEO is different from someone that is at the top of an MLM pyramid. Those that are at the top of MLM pyramid are those that joined first and recruited enough people to have enough people working under them. In a way, both the CEO and the guy at the top of MLM pyramid worked hard. The main difference is that MLM's guy at the top is determined by seniority like what you said and a CEO is voted by the board and he can be just a new guy that have made a really large impact to the company.
You said that in your idea, people will earn the same thing regardless if they work hard or if they slack off. A company that's built like that will eventually fall off. People are going to depend on those people that works hard. Once those people that work hard gets over or gets done with those that just slack off and get paid the same amount, they will start slacking off as well. Because you know, why work hard when you can just slack off. It's the other way around of what you're saying. People will not work hard because what they earn is depending on them as a whole and not as individual. People are lazy and they will depend to the hard workers and nothing else.
But of course we can just stick with the usual, you get paid what you deserve.
I was never interested in invest MLM, it is because it's been a lot of negative news about MLM. Even in my place in the jail because MLM founder proved to deceive many people. MLM is a scam, do not ever believe.
Many MLM offer that promise us rich, I think this is reasonable because we must to hard work, I think there is nothing wrong with MLM, wrong is the person who like to abuse the system of MLM.
youre write is real MLM, is real MLM only can product selling can get reward and retrun, and product price is standard not very expensive
so you can get reward if you can selling and youre downline can selling product
you can get earn only selling product, not downline pay for you
if MLM ponzy site is bad, you can get earn only can find referal , and you can get earn from fee register youre downline
No, I don't have the guts and trust to them anymore. Though I know how their system works still I will not invest any of my money from them anymore. They destroyed the trust of my friends because of making me believe that they are real. It's a lesson learned to me already and even I will be on the top spot of this pyramid scam, it's a no.
even if you're sitting on top in the pyramid system, but if you're on other users and friends same as you do scaming on others. MLM will hurt anyone below including your downlineYes and those people that are your down lines will blame you when the company started to collapse. And the money that they invested will be given to them again and you are going to use your own pocket on it if that happens. You ruined their trust and you will also need to pay their investment for getting their money again.
Jump to: