THREE MORE PEOPLE IN MY OFFICE WAS APPROACHED TODAY BY ANOTHER ONE OF THESE!!!

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Mortgage and Lending with AMERICAN AFFORDABLE HOMES

I just posted a Blog yesterday about Pyramid schemes trying to steal your money and ironically today three people in my company were approached by a juice company saying they had an innovative product that would make them rich but wanted them to pay them to sell the product and bring them as many people as they could to pay them to sell their product and they would be making an extra 5 to 6k a month if they did that for them. Please read the info below because it may save you from making a big mistake...

 

MY BLOG FROM YESTERDAY:

Because the economy is having a ruff time people are looking for extra ways to bring in some income which has open the door for many so-called MLM (Multi-level marketing) schemes to look attractive and scheme innocent buyers out of their money. Allot of Real estate professionals have been targeted due to the slow market. Please beware of these traps and don't give them your hard earned money. They give you big promises on how much money you will be making from bringing others into this scheme from residual income off of their efforts and production. They offer some overpriced product and make you believe that you are going to be rich from people selling this overpriced product and you will receive some compensation from the people you bring to the table efforts.

Realistically you wont get rich from a overpriced product which has to be overpriced to be able to pay so many people from the sell of it. Secondly any business that has an innovative and ground breaking product doesn't need to charge people to sell their product, they just need people as outlets to get the product out there since it is so ground breaking and innovative. If they want to charge you to sell it then it must not be such a good product, it's just overpriced hype to lure you to invest your hard earned money thinking you will be successful. Please watch your money, we need all we can at times like this!!!

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Rainmaker
274,221
Ron Tarvin
Residential, Investment properties, rehab projects, property management, luxury homes, new construction! - Katy, TX
Broker, Katy, Houston, Cypress 77450,77494,77095

Just because a compensation model is multi-level, does not make it a scam or a pyramid.  I have friends who have done very well with multi-level marketing companies if the PRODUCTS are good and priced reasonably.

I agree that there are probably more BAD models than good ones out there though!

Times must be getting rough for MLM though as I just saw an advertisement the other day for AMWAY for the first time ever on TV that I can remember!

 

Dec 09, 2008 06:05 AM #1
Rainer
8,628
JONATHAN WRIGHT
AMERICAN AFFORDABLE HOMES - Sterling, VA

Yes I do know some companies like Avon, Primerica & Mary K where they actually sell a product but any of these companies that focus just on bringing people in to make their money versus the sell of their product pretty much is a graveyard :) and I have spoken to so many people with horror stories including family members...

Dec 09, 2008 06:15 AM #2
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Rainer
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JONATHAN WRIGHT

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