Guy Explains Pyramid Schemes With One Instagram Comment To Someone Involved In One, Makes Her Quit Immediately
People who are trying to make an extra buck sometimes get involved in things they don’t quite comprehend. And that’s how so many naive people end up in the hands of scammers.
Luckily there good Samaritans who try their best to enlighten their friends, family members, and acquaintances about shady business practices, such as multi-level marketing schemes. One Instagram user noticed something was off after they saw a friend looking for people to become product testers and quickly realized that the person in question might be involved in a pyramid scheme. So they took their time to explain why it’s better not to participate in such MLM companies activities. And their response might have saved someone a lot of money. Scroll below to learn about multi-level marketing companies yourself! (Cover image: Eva Rinaldi)
People who are trying to make an extra buck sometimes get involved in things they don’t quite comprehend
Luckily there good Samaritans who try their best to enlighten people about shady business practices
Here’s how people reacted to this conversation
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Share on FacebookAs I recall they did some research on Amway one time (one of the biggest MLMs) and over 90% of the products that Amway sold that year were just sitting in their distributor's garages. In other words, they don't actually sell much product to consumers to use, it's mostly sold to hopeful sales reps who then end up stuck with it. The Amway business lesson: it can be easier to sell $20,000 worth of "inventory" to a thousand people, than to sell $20 worth of products to a million of people.
I almost got suckered into Amway almost 40 years ago by some creepy neighbours. I was collecting for charity and they invited me in - big mistake. Luckily I was only 17 and had no money to invest(smelled a rat anyway) so they wasted their time
Load More Replies...I was also invited to a friend's home for dinner after I told her I was looking for a job. I had been laid off. She said she was having a friend over that was looking for people for his company. When we got there, they brought out papers and stuff and asked me how much money I would need to make a year to make me happy. I immediately knew what it was and put down my paper and pen and sat there, fuming. They asked me what was wrong, and I told them that I wasn't happy with the subterfuge. I needed work and they were trying to scam me out of money and then I left. Such a crappy thing to do.
As I recall they did some research on Amway one time (one of the biggest MLMs) and over 90% of the products that Amway sold that year were just sitting in their distributor's garages. In other words, they don't actually sell much product to consumers to use, it's mostly sold to hopeful sales reps who then end up stuck with it. The Amway business lesson: it can be easier to sell $20,000 worth of "inventory" to a thousand people, than to sell $20 worth of products to a million of people.
I almost got suckered into Amway almost 40 years ago by some creepy neighbours. I was collecting for charity and they invited me in - big mistake. Luckily I was only 17 and had no money to invest(smelled a rat anyway) so they wasted their time
Load More Replies...I was also invited to a friend's home for dinner after I told her I was looking for a job. I had been laid off. She said she was having a friend over that was looking for people for his company. When we got there, they brought out papers and stuff and asked me how much money I would need to make a year to make me happy. I immediately knew what it was and put down my paper and pen and sat there, fuming. They asked me what was wrong, and I told them that I wasn't happy with the subterfuge. I needed work and they were trying to scam me out of money and then I left. Such a crappy thing to do.
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