Showing posts with label pyramid scheme. Show all posts
Showing posts with label pyramid scheme. Show all posts

Sunday, January 15, 2012

Stumbling About The Net

Two or three years ago a friend of mine invited me to a meeting.
He had a product he wanted me to buy, and his colleagues helped him give me a presentation on why this was the product I needed, why it was such good value, and why they'd bought it.
The perk was that if I bought it, and sold more people on it, I'd get a commission.
Not only that, I'd make a commission on all sales made by the folks who bought the product from my customer.
I told my friend he should try to get his money back, because this was NOT legit.
I ran into him a few months later, and as it turns out, he admitted that he and his friends had been scammed into a pyramid scheme.  Win some, loose some.
A year later a coworker began gushing about her new business in MLM.  I was not at the time savvy of this term, but what little she told me sounded dangerously similar to my friend's experience.
I told her the business model made me nervous, but she wouldn't hear of it.
I didn't opt in.
Maybe there is more to this though.
I'm hoping to better understand affiliate programs and MLM.
If there is interest, I'll post my findings.
There is a lot of information on the web about making it in the online world of business, but a lot of it seems so shady.
Hopefully I can navigate it.
Will advise.