When someone: - wraps their arm round you - tells you about an exciting business opportunity - reassures you it's not a pyramid scheme, even though you don't have such concerns - is an old high school friend It's a pyramid scheme
A friend did the same to me too. Messaged me on facebook to watch this slideshow about beauty products that was for her "presentation" for class and asked me to critique. As OBLIVIOUS as I was at the time. I watched the whole 10 min and opened a Microsoft word doc. And made 1 page notes saying things like *this girl needs to stop saying umm* or things like *add more slides that show the product being used more etc.* She said *oh lol thanks* and never messaged me back. A few months later I then realized that it was a scam when my I told my other friend about it and laughed because she was approached by her too on facebook. THANK goodness for my naivety back then.
The Nuetrix the video acknowledges this, and states that as one of the reasons pyramid schemes can be hard to spot. Deadlines and paying your way into the business were the key red flags they named to tell the difference.
Keywords: - Be your own boss - Passive income - Entrepreneur - I used to be like you... (insert a heartbreaking sob story) - Business opportunity - No college or university degree needed - Make money online - Only available for a limited time - Make 10K a month while sitting on a couch - Quit your job - Motivation - Investing - Positivity - This is DEFINELY NOT a pyramid scheme!
Okay but let me tell you about how I found this crazy easy trick to earn more money than I ever had before, as my own boss from my living room. I can't believe it took so little effort, and if you watch through this ad I'll let you in on the secret too.
How do they typically justify "being your own boss" when you have to report back with how many people you recruited? Doesn't make sense even from the get go...
@@alexthecreator8380 when people buy products from MLM or pyramid scheme they are basically trapped and have to push their products to more people which means they have to convince their close friends or relatives to buy overpriced products so that they can recover their own losses. Now when you try to annoy other people to buy overpriced products from pyramid scheme they would obviously lose all interest in talking to you.
@@gokuldutt7476 I've lost 2 good friends to a pyramid schemes... both called me for meeting with a great news... first vitamins, second cosmetics... never talked to them again.
@@Adushka1976did you end your friendship because of their involvement on selling products from an mlm or did they only see you as a customer & kept pushing you to buy from them that ended your friendship with them?
yoo same here i was like "who cares?" but then a week after watching this video for the first time one of my mom's friends approached both of my parents and told them about a "wonderful job opportunity" that can make them "millions" by being a life insurance agent and recruiting others to do the same. Looking up that company pointed to a pyramid scheme lawsuit and bad reviews and i had to convince them to not join.
I fell for a gifting group once. Even though it had the exact same structure as a pyramid scheme, the difference in context and stated purpose was enough for me to not see it. Fortunately I only sent one gift before one of my Facebook friends who I tried to share it with pointed out that it was a scam. That's the only time I ever fell for a scam, and I fell for it so publicly too, so it was really embarrassing.
Sounds like a good friend to have. And how did this group work and how was it presented to make it seem different? I!ve honestly never heard of a gifting group before, so I’m not sure what that would be like.
Common things in MLM: 1. The recruiter is hyper enthusiastic and knows it all 2. The recruiter thinks that he or she is so successful and you can be the same like them 3. You can do this and make a living by part time 4. You can help many other people 5. Require you to go through training and workshops 6. They have many many members around the country and the world 7. You can be your own boss 8. You can travel around the country or the world, again workshops 9. You need to pay to get a license while you don’t need to pass anything 10. You need to pay for background check Typical products they sell: Diet Vitamin Personal financial programs Insurance
You should add others like: Health instrument (bracelet, water filter, air filter) Online education Trips And most likely things with overpaid priced or unreasonable things that doesn't actually has real facts (self-claimed facts) that usually they say it is the best product and only they sold it
"I'm successful and making loads of money! So I'm going to show you how to do the same thing and create competition against myself. Makes sense, right?"
If rich entrepreneurs were as generous as they pretend to be, they’d pay livable wages, not paltry commissions. If a suit says over and over they want only to help folk like you achieve wealth/greatness, they’re a fraud.
Case in point: Billy Beane and his “Moneyball” formula. He wrote a book on it and other baseball teams started using it. Suddenly, his secret weapon was being used against him left and right.
It doesn't work that way. You are not recruiting a competition but a business partner. When you sell a product, you are earning only from your sales. But if you recruit somebody, you also earn from their sales. It's like a manager getting commission from his agents. But again, MLM and pyramid scheme is not the same.
I once had a "customer" at work ask me how a product worked. So I explained it to her. She then told me I had great salesman skills, and offered me a job interview for selling "Insurance." I figured it would be at an office somewhere. We did a webcam interview. The only problem was her "partner" didn't show his face, and kept trying to amp me up about how much money I would be making. Every time I asked about what kind of insurance I'd be selling, he'd dodge the question instantly with "We will get to that, but first you need to build a team, and recruit some more members." I immediately figured it was a pyramid scheme. But I didn't understand how he'd get money off of me, until he said that I needed to pay him $200 for a "license." Sadly, this isn't the first time someone has tried to "recruit" me, for something suspicious. One of my coworkers fell for this with hair cleaning products and ended up losing thousands of dollars.
SERIOUSLY The only time you "pay" for any sort of "license", insurance wise, is in order to take the provincial/stage courses/classes and the errors/omissions insurance for yourself in case something happens, and even then, most legit insurance companies or banks will pay you the money back after you pass your exams. Y'know... like any normal job would do if you had to pay for training or certification of some sort out of pocket. Good thing you ran for the hills, because zoinks.
One of my friends invited me to his house for an amway presentation. I grilled the presenter so hard she actually started yelling at me and told me to leave 😂 all I was doing was picking at flaws in her logic. Was a proud moment for me
Could you give us an idea of what logic you picked at and what she was saying? I've been to a few of these Amway things and decided it was bogus, I know people who have invested so much into it and still have seen no rewards but see everyone 'above' them winning 🤷♂️
I used simple mathematics, I said if I'm trying to sell toothpaste for example, and each person makes 2% of the sale, given that there are now 100 people below me I can make 2% from each for 1 products? She said yes, I said well in that case your products will become horrendously espensive so why would I buy from you if I can go to a retail store and buy it for a quarter of the price? I also asked what I'm buying when I pay the sign up fee and she said access to the program and where exactly does this money go? We can't pay for something and not know for what and who's benefit. She said it's a shared scheme that benefits only new sign ups when they sell products. I said then why do we need to make a markup and what stops me from going to a manufacturer and buying at wholesale and selling just below retail without paying a sign up fee and a percentage to every one that I joined under? It makes more business sense. I also said that this sounds like enslavement since I'm working for this scheme and instead of the company paying me a salary and/or commission on anything I sell, I then need to pay my bosses (people that joined prior to me) for products I've sold. Needless to say, I own a business and so did my father so the business aspect and the mathematics stumped her, she became highly frustrated when I was grilling her in front of everyone else who also saw the same logic and were agreeing with me
@@heinekensese_ they probably do but you're missing the point 😊 I meant that it's more feasible to go the a wholesaler and buy from them directly as opposed to amway which is essentially a middle man made up of countless thousands of people who all supposedly get a cut if whatever you sell
Or they are just there to use you. I went to this "real estate investor" free seminar once. It was basically a pitch for you to pay them a subscription fee so you can be a bird dog for them. Lame.
@@siddharth5027 Just simply say you're not interested in this business anymore. They'll keep two to three meetings to keep you but be strong in your decision. They can't force you to keep in the business, it's always your wish.
Pro tip for everyone: If someone tries to get you to sell something and they say it's a MLM, just leave instantly, it's 100% either a scam or a pyramid scheme
Had this almost happen to my mom. I had to convince her NOT to do it. Oh did it take a lot of talking, math, and explaining. Someone asking for money to be put into a "pot" like a card table is a big red flag. Then asking 6-8 more people to do the same so you can start your own "pot" is another huge red flag. She tried getting me to do it, not even 2 minutes of her explaining it, I figured it to be a pyramid scheme.
When someone told you to attend a seminar for business opportunity, accept the invitation , eat food as much as you can ,take home if possible ,but never sign up for anything ,tell them you'll think about it, and repeat the cycle for next invitation
General rule of thumb, applicable to other areas--like job placement services--as well as MLM: "If they want you to pay money, they are not legitimate."
If you have someone telling you you should buy something, it's a pyramid scheme lol actual businesses don't force their products on people, only scammers do
the difference between an honest MLM and a pyramid scheme is easy: in an honest MLM you never have to purchase anything to enter, you just need to sell products (without having to buy them first), and what you earn from your referral is coming from their own products sells VS in a pyramid scheme you have to purchase products or pay a monthly fee just to stay in the business. Basically: honest MLM = focused on selling products VS pyramid scheme = focused on recruiting sellers.
Hi. Im 14 years old. How do i explain to my parents that what they're being sold is a mlm and a scam?? Bc they believe everything i learn from the internet is wrong
The reflective upside down pyramid technique is the newest high growth marketing algorithm for high funding success. Lexiconigraphical gibberish can be a red flag
I wish I would’ve knew this this time last year .. being in one of there’s things damn near ruined my life . I look back and cringe at how brainwashed I was .. so embarrassing once you realize what happened to you . So depressing once you realize youre never going to “ make 10,000 a month online working part time” I’m honestly still recovering . Really it’s because they got me at my lowest point . Single mom working 2 jobs to make ends meet little to no time spent raising my child because I have to work so that we can survive . Me knowing I’m a hard worker I was told by this company that if I just worked hard enough , if I just wanted it bad enough it would happen for me . Well I worked hard, and definitely wanted it bad enough and it didn’t work out and I lost almost everything. The company shut down right when I was about to reach 2000$ a month ..
you can always start again with a legitimate mlm. you can still be your own boss, just be cautious and learn to differentiate between a pyrimid and a legit mlm
In Philippines you can easily spot a pyramid scheme with the following: - non-close friend suddenly DM'ing you - the phrase "are you an open minded person?" -
I went to one of those once. They told me “This isn’t a pyramid scheme. Your job is a pyramid scheme. You’re working to make someone else rich. Here you make yourself rich” 😂
Funny thing is it’s true cause your manager boss make money from you and his boss will make even more... Only thing is atleast you’re guaranteed a check in a job 😂
@@sebastians9285 you paid more because of your expertise and experience instead of recruiting more staff to work for you, how is that the same. And ofc, companies and founder makes more money from its worker,they need to struggle to make a company before they could even start hiring staff, if they don't make profit that would just a time wasting activity.
Thanks, I saved my loved one by showing her this video. She wasn't convinced at first when I explained pyramid schemes but this video made her understand.
How to spot a pyramid scheme: Person who sat behind you in high school ten years ago hits you up on Facebook with a once in a lifetime opportunity to retire before you’re 21 by working a part time full time part time job where you’re your own boss
Or you do photography /stylist/whatever now and they need photos whatever and proceed to waste your goddamn time and Sadly murder is illegal so you are never getting your time back
One time I made a recruiter crack. I was doing my best to fail the job interview... Him: "I like you. You have a good head on your shoulders. Even though you're not our target audience, you would be perfect for our company. All you have to do is pay $110 for the membership cost" Me: "Wait, I have to pay you for me to work here? If you want me to work for you, why don't you waive the fee?" Dude blows his head gasket then starts saying how he hates college kids because they don't "get it". He went from being the nicest guy with a big smile, all of a sudden wouldn't even look at me.
Yeah, never trust ""companies"" that make you pay for some "getting started" course. If they are legit they will assure your education or hire someone already educated
Years ago I was pressured by a co-worker to attend a Pyramid Scheme Recruitment Presentation for Vitamins & Supplements in our small community, knowing full well what I was walking into. I resisted the high pressure tactics employed to get me to buy into their scheme after their presentation was finished and the recruiters of course got quite irate with me, pretty well throwing me out and shaming me. Looking around I saw many local business people, lawyers, even law enforcement in the audience, eagerly signing on and paying to get in on "this special opportunity to make money while you sleep". Often wonder how that turned out for them.
they dont have to, the people who sign up for these things are so hopeless, friendless, or just enojoyable lifeless, they will brainwash themselves with nothing more than a small push...
It wasn't easy with the kind of experience I had with them, thank God to Solution Global Recovery I was able to get back my lost Funds through the help of Solution Global Recovery here’s their email address you can contact them at : jm7480652@gmail.com and they will also help you to recover all your lost funds
One of my friend got caught in an MLM. He was convinced it wasn't a scam and even tried recruiting me. Eventually he blamed himself for not being able to get rich off of it. He now works a regular job
Same thing just happened to me. Another multi-level marketing agency operating under different names that they change every month or so and are virtually untraceable. Luckily I caught it quickly.
The king of the hill episode when Peggy got caught up in the pyramid scheme saved me a few years. The job I was offered was identical to the episode plot buying and selling “products for living “ .
Another Red flag: When your friend who rarely (actually, never) invite u anywhere (especially if it is not your close friend) suddenly invite you for a drink and chill.
Most adults figured out the scheme by learning from other people's mistake. And the more hands-on people learn by their own mistakes. The remaining ones are just naive and would not learn from this video anyway.
Nearly got into this scheme. My friend offered me a job without me knowing that the job he offered was a pyramid scheme or a mlm type of company. He used sweet words in order to woo me into joining this type of scheme. I was hesitant to join but thanks to this video, I found out what the purpose of why my friend was eagerly and persistent of inviting me into the company. Thanks very much Ted-Ed. You saved my life.❤❤❤
Difference between a worker bee and a wealthy bee is making wise choices with what you're investing your money/time into. Win some, lose some. Not all jobs that require you to pay are schemes, you have to pay school to become a medical doctor, and then pay for a license to practice medicine after you complete all educational requirements in any state you reside. Is that a scheme? Many other jobs require certain credientials, paid with time/money/experience, so it's not necessary shady. Only shady thing is when the job pay you one rate, and no raises or raises don't match inflation/cost of living, that's harsh living conditions, meanwhile, CEO has million dollar income...that's a pyramid scheme
If I may modify your statement, "If the job makes you pay THEM to work for THEM, it's a scam". I say that because for some jobs, you may need to pay for a permit, a license, a test, etc. The difference is you're paying some separate organization for such item/service, not the company desiring to hire you.
Aren't you paying for your regular job with your time and sweat just to end up having more depts which you can't pay because your regular job's wedge is too small? I'm not paying 30-40 years of my life just to realize I haven't really live in this world and not developing. Your boss is above you, he tells you which time to work, e. g. they are the ones that are organizing YOUR graphic. Then friends tell you: come on, let's go out, and then you say: Oh, I'm sorry, tomorow I got to work and the next day I go on my other work... Because I'm in the bottom of the pyramid in my regular job in which my boss never wants me to progress, because if I progress, I will be useless to my boss... Something is really wrong in all these. Woking day/night should be 4 hours which will open more working spots for example... Remember - you are not taking the money from here. You only take your mind for after. So surround yourself with better educated and informed people!! Good luck! Still be careful with frauds. In my eyes MLM is okay, because you recieve the products that you buy from the shop anyway... Only that MLM pays you back at some point if you do it professionally. Ask yourself if others around you are really pros. Read good books... Robert Kiyosaki, Eric Worre, Tom Big Al Schriter... If you don't earn from MLM, then you lack some knowledge. What if you knew enough, what if you got better with your skills? Eh? Did anybody told you that if your inviter/leader had 5 parners and you got 10, all prople active, it is YOU who WILL GET MORE THAN your leader. To these days I don't think every "pyramid scheme" is fraud. Bad people Pyramids are just big entry fees, you got your money away, you don't get anything. That's the scheme you should be aware of.
@@drgdfhg If you really want to be your own boss, start your own business. It can be anything--a car repair shop, a restaurant, a SaaS startup, independent contractor, etc. True independence without all the cult brainwashing and scamming.
My dad was recently offered a business opportunity, and since I watched this video a few months ago I showed it to him. I was suspicious about it since he told me, so it made more sense for me to show it to him. Twas a was a pyramid scheme, plain and simple. Thanks for the very helpful video!
1. If someone you don't know contacts you with a job offer without any prior specification, be cautious. 2. If the person avoids answering questions like "what will my actual task be?", be suspicious. 3. If the person says you have to pay a fee in order to get started, just walk away. P.S. Be a bit self critical and realistic. Would anyone pay you that much for doing nothing at all? And if so, why wouldn't all the people do it already? The value needs to be created in order to generate money.
I am a highschool student, I and I get text messages from many random numbers and acquaintances from school talking about a "job opportunity with flexibility," but when I ask what the actual job is, I get a confusing response that doesn't answer the question.
@@oneha6241 businesses invest money to start a business and the only people doing it are the one starting the business if you have to pay money to work for someone then that is most definitely a scam
The product should sell itself. Basically, you shouldn't have to hire more people just to get money. The thing you're selling should be able to generate a revenue
no product sells by itself, that´s why we have advertising wich is actually very expensive. The difference is that mlm rely more on mouth to mouth publicity.
@@SueRosalie Not true at all! Stores sell the lowest quality coffee ever. When you start ordering it online, you start to see how great real coffee can taste. Not everyone can mass produce products for stores. It doesn't mean it's a bad product.
During my summer job I had at least 1 person a week trying to recruit me for a pyramid scheme. They prey on broke college students hoping they dont know any better.
Yeah, that's a common one. "Work for atudents". A quick Google or search on glassdoor'll tell you all you need to know about the company. For ours at UH it was "Vector Marketing". We saw ads of that company everywhere. Though they've since changed name multiple times, they're always around on campus.
In my first year of college I was invited to a meeting at the student union on campus not knowing it was a pyramid scheme. They tried to tell us that school wasnt important and told stories about how much money they made and the places they travelled ect. The speaker wore a flashy watch and I remember him telling us not to listen to those that discourage us from joining because you should only listen to financial advice from ppl who made money ie them. I didnt speak up, I just decided that I wanted nothing to do with it after that night. The guy who invited me called me the next day and tried encouraging me to join and to get my family members to purchase membership as well but he quickly realized that i wasnt trying to get trapped
someone wants to recruit me telling he gain a lot of money, but when he asked me to buy the products to be a member I asked him to lend me some money cause he have enough and he is overly confident that it will have profit, he walked away.
Jobs were scarce in our small Alaska town, so my family got wrapped up in vemma in the early 2000's. I was a kid but saw many people join up in it who didn't have many prospects and a major lack of job experience and knowledge. Many of whom were hoping to take care of their families and only got multiple bottles of the medicinal "juice" that tasted of ground-up Flintstones vitamins. A year ago I was cleaning out my grandparents garage and there were still ancient bottles of their gritty mangosteen health product they could not move. 🙃
This just reminded me of a "friend" trying to sign me up for Herbalife. When I told him that was a pyramid scheme he got upset and started with his programed script on how this was not a pyramid scheme 😅
I lost my best friend to AmWay (scAmWay) and at the was invited to these meetings. At the time I had no clue and went to two more before I realized the fake-happy personalities across the room. I never spent a dime on the BS seminars and I said ✌️
My friend asked me to watch a live stream seminar so I can be convinced that it's legit and it was literally the guy giving them a script without officially saying script.
Filipinos can relate to this: 1. Frontrow 2. AIM Global 3. Royale 4. Uno 5. Paysup 6. Nu skin 7. Paysbook 8. Onepro 9. Unlishop 10. PPM 11. Unitywealth 12. Unitywork 13. Adafarm 14. Captchasure 15. iAM Worldwide 16. USANA 17. KAPA International Ministry New scheme groups added to the list thanks to the comments below, I never knew there are a lot more, most I never even heard of!
Paysup too, it's really just about targeting naïve people and letting them think it's legit for the sake of them investing and earning money with no regard to those people under them having more difficulty in recruiting and selling for that company they got them into the first place.
'If it seems too good to be true, it probably is' is such a good quote. In the modernized world there's no convenient way to make money that easily by sheer good heart. It's a good way to learn how the world works, but it's also sad how some people want to commit to these schemes.
In financial jargon, it's called the "no arbitrage condition". In an efficient market, if there's a way to make free money, it gets discovered pretty quickly and as more people find out about it, the less profitable it becomes. This makes all opportunities to make quick and easy money disappear really fast
@@Nagib23_32 Even in that situation with legitimate businesses, that involve actual production of goods and services, no one is still THAT interested in you making money off of THEIR business. For business it's always minimizing game, there are factors keeping salaries up however: 1. Unions. 2. Paying very little will reduce worker efficiency. 3. High competition for labor ( depends on situation on market, mostly works for workers with rare set of skills ). To name a few.
I almost fell for a pyramid scheme at university. The only thing that saved me was that I was too poor and balked at the money they demanded. Had I known what it was, I would have called it out immediately.
I was soo close to fall for this exact thing when I was younger. I told my dad about it and he warned me and told me about pyramid schemes. I should thank him again
My god. I am buisinessu mannu. I am respect. I declare my first purchase as corporate leader is 500 dollars of your miscellaneous and unneeded household objects! I am so gonna git rich off of this!.. . . . . . .....
@@peterwonaprize - Yep. Funny thing is that I have never met a friend, family member, or acquaintance that has ever retired from an MLM. The only people that have ever retired from an MLM are the guys up on stage at the conventions.
Matuco BULLAguero you pay to go to school and get a job. Jobs hire and recruit. Military recruits new members. Clubs recruit. Schoolls recruit. Sports teams recruit. I dont see your logic
@@Alejo__ obviously legitimate schools don't count. But it is possible for a pyramid scheme to disguise itself as an educational facility. But the general rule of thumb should be if it is an organisation where you have to pay membership fees to get in and where buying a large amount of the product or service to get in is a prerequisite and you are compensated for the members you recruit then it is probably a pyramid scheme
@@angelomartyr name one MLM that has the majority of its members make any money. For most, you need to be senior level with dozens of people below you to even clear minimum wage
I don't think you should block them. They're vulnerable people who fell prey to these companies, and i think you should convince them to leave and pull themselves together.
@SARAH GIBBS If you view it from another angle, it might be a very friendly move. "Hey pal! I've found something where we can both get a lot of money!" If you haven't spotted the pyramid scheme, and fell for it, one can genuinely believe he's helping his friend.
![I.N "HALLUCINATION" | [Stray Kids : SKZ-PLAYER]](http://i.ytimg.com/vi/n5B5q1Hwt_U/mqdefault.jpg)
When someone:
- wraps their arm round you
- tells you about an exciting business opportunity
- reassures you it's not a pyramid scheme, even though you don't have such concerns
- is an old high school friend
It's a pyramid scheme
Henryk John
That happened with a far relative that I had met like twice in my life. Sadly, my sister in law kinda fell for it.
I got 2/4.
Henryk John also cheerleading is clearly a pyramid scheme
Henryk John whats a pyramid scheme??
My aunt fall for it.. Luckily i didnt.. One more, complicated member awarding system
Red flag: Someone from highschool you haven't talked to in years hits you up randomly
This is exactly, exactly what happened to me yesterday
LOL....yes! And they say, "I just started my own business" or something like that.
Happened to me a few years ago.
EXACTLY LMAO
A friend did the same to me too. Messaged me on facebook to watch this slideshow about beauty products that was for her "presentation" for class and asked me to critique.
As OBLIVIOUS as I was at the time. I watched the whole 10 min and opened a Microsoft word doc. And made 1 page notes saying things like *this girl needs to stop saying umm* or things like *add more slides that show the product being used more etc.* She said *oh lol thanks* and never messaged me back.
A few months later I then realized that it was a scam when my I told my other friend about it and laughed because she was approached by her too on facebook. THANK goodness for my naivety back then.
At a pyramid scheme meeting:
“I used to be like you once.”
Ight Imma head out
@@Kayden007 Adios
Until I got an arrow in the knee
Oh, so you were handsome ?
That's exactly what they told me when I went to interview for p****rica
I absolutely bursted out laughing when she said to send the video to three people you know. Brilliant!
big brain time
Tell 5 people you know to like this reply
@@thefog13 what's in it for me though a quarter of the likes you receive😂
@@Abbyssiniyan7604 then tell them to like your reply, too
@@thefog13 yeah but you have to promise those that like your replies that they will get something in return for it to be effective yk
the sad part is if i show this to people caught in mlm they’ll just say “oh well the one i’m in is legitimate”
Exactly
But there really are legitimate mlm though
@@thenuetrix6574 got brainwashed I see
The Nuetrix the video acknowledges this, and states that as one of the reasons pyramid schemes can be hard to spot. Deadlines and paying your way into the business were the key red flags they named to tell the difference.
@@thenuetrix6574 they're all legit smh... it depends how many people came before you though...
Keywords:
- Be your own boss
- Passive income
- Entrepreneur
- I used to be like you... (insert a heartbreaking sob story)
- Business opportunity
- No college or university degree needed
- Make money online
- Only available for a limited time
- Make 10K a month while sitting on a couch
- Quit your job
- Motivation
- Investing
- Positivity
- This is DEFINELY NOT a pyramid scheme!
Sounds like some RUclips ads 😂
I get all these in my RUclips recommendations
Okay but let me tell you about how I found this crazy easy trick to earn more money than I ever had before, as my own boss from my living room. I can't believe it took so little effort, and if you watch through this ad I'll let you in on the secret too.
Girlboss/ boss babe
Financial freedom is another one🤣
The biggest sign is when they say “Wanna Be Your Own Boss?”
😂🤣😂
Antonio Innocente that’s a Ponzi scheme.
How do they typically justify "being your own boss" when you have to report back with how many people you recruited? Doesn't make sense even from the get go...
HUN
I swear yo 🤣🤣🤣
You know what's worse than being a victim of pyramid scheme and loosing your money? Loosing friendship and relationships over it.
what do you mean by that?
@@alexthecreator8380 when people buy products from MLM or pyramid scheme they are basically trapped and have to push their products to more people which means they have to convince their close friends or relatives to buy overpriced products so that they can recover their own losses. Now when you try to annoy other people to buy overpriced products from pyramid scheme they would obviously lose all interest in talking to you.
@@gokuldutt7476 I've lost 2 good friends to a pyramid schemes... both called me for meeting with a great news... first vitamins, second cosmetics... never talked to them again.
@@Adushka1976did you end your friendship because of their involvement on selling products from an mlm or did they only see you as a customer & kept pushing you to buy from them that ended your friendship with them?
It's spelled losing
Some more Red Flags for everyone to consider:
-The Canadian flag
-The Swiss flag
-The Chinese flag
-The Turkish flag
hahaha
Og det danske bro!
Damn you
+ Albanian Flag
Juan Hercberg thank you, I’ll be considering that
When you said fight fire with fire I thought you were gonna tell us to start our own pyramid scheme
She basically did lol
Yeah lol
ok lets do it, ill recruit you guys, now go and find some more each within the next month or so
hire the boss
@@merlijnp huh
I wasn’t interested in this video at first, but my brain was like: “You never know...”
Same
yoo same here i was like "who cares?" but then a week after watching this video for the first time one of my mom's friends approached both of my parents and told them about a "wonderful job opportunity" that can make them "millions" by being a life insurance agent and recruiting others to do the same. Looking up that company pointed to a pyramid scheme lawsuit and bad reviews and i had to convince them to not join.
@George B they ended up not joining
@Ethereal •Solana• no, it was called Premier Financial Alliance
🤣
I fell for a gifting group once. Even though it had the exact same structure as a pyramid scheme, the difference in context and stated purpose was enough for me to not see it. Fortunately I only sent one gift before one of my Facebook friends who I tried to share it with pointed out that it was a scam. That's the only time I ever fell for a scam, and I fell for it so publicly too, so it was really embarrassing.
You’re not very smart are you
Can you please tell me what was the context and stated purpose ? This is to help a friend
Thanks for sharing. Would be hard to me to admit, even though I know it would help people.
You know that friend is a keeper.
Sounds like a good friend to have. And how did this group work and how was it presented to make it seem different? I!ve honestly never heard of a gifting group before, so I’m not sure what that would be like.
Red flag (MLM): When the primary goal seems to be find more sellers rather than consumers.
The intelligence in this one statement. Your summary skills are impeccable my good fellow.
By the way do you want to join our company. All you gotta do is recruit 3 people and buy our £500 make up kit. No qualifications required!
Agree. Problem is that many MLMs disguise this fact. But yes, this is true!
@@JohnBowl14690 They can never truly hide how they make money.
Actual framing: The "Business entrepreneur" buying his/her starter pack is actually the customer
Common things in MLM:
1. The recruiter is hyper enthusiastic and knows it all
2. The recruiter thinks that he or she is so successful and you can be the same like them
3. You can do this and make a living by part time
4. You can help many other people
5. Require you to go through training and workshops
6. They have many many members around the country and the world
7. You can be your own boss
8. You can travel around the country or the world, again workshops
9. You need to pay to get a license while you don’t need to pass anything
10. You need to pay for background check
Typical products they sell:
Diet
Vitamin
Personal financial programs
Insurance
You should add others like:
Health instrument (bracelet, water filter, air filter)
Online education
Trips
And most likely things with overpaid priced or unreasonable things that doesn't actually has real facts (self-claimed facts) that usually they say it is the best product and only they sold it
almost getting into the insurance once but i said to her i got covered by country already and it's fine, then i walk out.
@@hellz23456 Nah some kind of insurance companies are kinda falling into this too
@@jofx4051 what do you mean of nah?, insurance company is pyramid scheme too the real insurance is goverment one
This sounds like some RUclips ads I've come across.
When someone is:
-Worshipping a cat named Ra
-Wears a funny little hat
-Living in the desert
-Constantly building
Then it's probably a pyramid scheme
Toastte you thought this was funny huh
Underrated
Ra isn't a cat wtf
Lol
I love you
Can we take a moment to applaud the animation. Just brilliant!👏🏼👏🏼
Very reminiscent of the opening sequence to the movie “Catch Me If Can”
"I'm successful and making loads of money! So I'm going to show you how to do the same thing and create competition against myself. Makes sense, right?"
absolutely right.
If rich entrepreneurs were as generous as they pretend to be, they’d pay livable wages, not paltry commissions. If a suit says over and over they want only to help folk like you achieve wealth/greatness, they’re a fraud.
Thats how team work works I guess?
Case in point: Billy Beane and his “Moneyball” formula. He wrote a book on it and other baseball teams started using it. Suddenly, his secret weapon was being used against him left and right.
It doesn't work that way. You are not recruiting a competition but a business partner. When you sell a product, you are earning only from your sales. But if you recruit somebody, you also earn from their sales. It's like a manager getting commission from his agents. But again, MLM and pyramid scheme is not the same.
"I used to be in that chair you guys sitting right now"
“one decision can change your life forever”
...two days previous...
Lolz
😂😂😂😂
@@Juicetheeunuch lol
"Do you wanna get rich quick?"
"Do you wanna work at home and make lots of money fast?"
"It's a multi-level marketing business."
-pyramid scheme
MLM - More Losing Money
how about "get started flipping houses right here in the bay area using other people's money"
@@JohnBowl14690 Money Losing Method
Cod4 Wii it’s all lies and total embellishments
If all was rich none was rich! Next!
Its a scam!
I once had a "customer" at work ask me how a product worked. So I explained it to her. She then told me I had great salesman skills, and offered me a job interview for selling "Insurance." I figured it would be at an office somewhere. We did a webcam interview. The only problem was her "partner" didn't show his face, and kept trying to amp me up about how much money I would be making. Every time I asked about what kind of insurance I'd be selling, he'd dodge the question instantly with "We will get to that, but first you need to build a team, and recruit some more members." I immediately figured it was a pyramid scheme. But I didn't understand how he'd get money off of me, until he said that I needed to pay him $200 for a "license." Sadly, this isn't the first time someone has tried to "recruit" me, for something suspicious. One of my coworkers fell for this with hair cleaning products and ended up losing thousands of dollars.
SERIOUSLY
The only time you "pay" for any sort of "license", insurance wise, is in order to take the provincial/stage courses/classes and the errors/omissions insurance for yourself in case something happens, and even then, most legit insurance companies or banks will pay you the money back after you pass your exams. Y'know... like any normal job would do if you had to pay for training or certification of some sort out of pocket.
Good thing you ran for the hills, because zoinks.
One of my friends invited me to his house for an amway presentation. I grilled the presenter so hard she actually started yelling at me and told me to leave 😂 all I was doing was picking at flaws in her logic. Was a proud moment for me
Could you give us an idea of what logic you picked at and what she was saying? I've been to a few of these Amway things and decided it was bogus, I know people who have invested so much into it and still have seen no rewards but see everyone 'above' them winning 🤷♂️
Please share what you said/asked
I used simple mathematics, I said if I'm trying to sell toothpaste for example, and each person makes 2% of the sale, given that there are now 100 people below me I can make 2% from each for 1 products? She said yes, I said well in that case your products will become horrendously espensive so why would I buy from you if I can go to a retail store and buy it for a quarter of the price?
I also asked what I'm buying when I pay the sign up fee and she said access to the program and where exactly does this money go? We can't pay for something and not know for what and who's benefit. She said it's a shared scheme that benefits only new sign ups when they sell products. I said then why do we need to make a markup and what stops me from going to a manufacturer and buying at wholesale and selling just below retail without paying a sign up fee and a percentage to every one that I joined under? It makes more business sense.
I also said that this sounds like enslavement since I'm working for this scheme and instead of the company paying me a salary and/or commission on anything I sell, I then need to pay my bosses (people that joined prior to me) for products I've sold.
Needless to say, I own a business and so did my father so the business aspect and the mathematics stumped her, she became highly frustrated when I was grilling her in front of everyone else who also saw the same logic and were agreeing with me
@@cmichaels9544 woah, amway don’t let us buy their products wholesale?
@@heinekensese_ they probably do but you're missing the point 😊 I meant that it's more feasible to go the a wholesaler and buy from them directly as opposed to amway which is essentially a middle man made up of countless thousands of people who all supposedly get a cut if whatever you sell
whenever you hear "this is NOT a get rich quick scheme" just know it's most likely a get rich quick scheme.
"It's not going to be easy", "I was in your shoes once", or "are you willing to train?"
Or they are just there to use you. I went to this "real estate investor" free seminar once. It was basically a pitch for you to pay them a subscription fee so you can be a bird dog for them. Lame.
Trading crypto is easier than you think. Thank you Joseph Allen for helping me make $5000 in one week.
@@ethannakamura96 pls put link
@@ethannakamura96 LOL NICE ONE
"we are not selling products, we are going to sell *OPPORTUNITIES* "
@@siddharth5027 Just simply say you're not interested in this business anymore. They'll keep two to three meetings to keep you but be strong in your decision. They can't force you to keep in the business, it's always your wish.
siddharth lmaooooo
HAHHAHA
Yeah, they're basically selling the job, not the actual product
Oh yes, you are selling me the opportunity... to have you arrested and your little pyramid scheme eradicated.
Pro tip for everyone: If someone tries to get you to sell something and they say it's a MLM, just leave instantly, it's 100% either a scam or a pyramid scheme
"Dude, it's called multi-level marketing"
-Friend from highschool you haven't seen for years
Canned Baef nah it’s called illegal
OHhHh
Took from Trevor Wallace lol
ruclips.net/video/M_XELa7kdmQ/видео.html 0:21
@@jackw4573 Never heard of the guy.
@@cannedbaef bruh hes funny af
Loved the area 51 movie/skit
No youtube, I was looking for a guide on how to START a pyramid scheme
I think they're trying to tell you something...
They're trying to help you by telling you what makes a pyramid scheme noticeable, that way you can keep a low profile.
@@pantbd dude he was obviously joking
No, not in this recession you won't.
exactly
"Let me assure you that this is not one of those shady pyramid schemes you've been hearing about. No sir. Our model is the trapezoid!"
@unOrdinary Replica
Weird square.
SOLD.
@unOrdinary Replica
Good
I mean, don't worry about that
yes, it's a trapezoid because there are TWO people at the top.
I'm in..😂😂😂
Had this almost happen to my mom. I had to convince her NOT to do it. Oh did it take a lot of talking, math, and explaining. Someone asking for money to be put into a "pot" like a card table is a big red flag. Then asking 6-8 more people to do the same so you can start your own "pot" is another huge red flag.
She tried getting me to do it, not even 2 minutes of her explaining it, I figured it to be a pyramid scheme.
was it WFG??
When someone told you to attend a seminar for business opportunity, accept the invitation , eat food as much as you can ,take home if possible ,but never sign up for anything ,tell them you'll think about it, and repeat the cycle for next invitation
That's what i did too. Taking their coffee as much as i could.
You dare use my own spell againts me?
Im hungry for dinner.
Web search: get rich in real estate and ecommerce instead of restaurants 😂
@@ChuyR. that is hilarious 😂 the best part is you didn't even know what was happening, but was smart enough to ask the right questions 🤣🤣
Literally what I did as well haha. Makes me feel powerful knowing things on dark and light sides of society
Another red flag:
That unmarried aunt or uncle you meet at a family party who is suddenly very interested in your life.
FakeUser NameTwo explain pls
@@khorasanvn6598 they've fallen victim to a pyramid scheme and they are trying to recruit.
I was really thinking this was going to go the amish route
Corey Leon - As I walk through the valley where I harvest my grain, I take a look at my wife and realize she’s very plain...
Me: runs away
“Send this to 3 people you know”
*hol up*
I know eh
This is what I came here to say, but in my heart I knew it had already been said
Tasty Jason 😂😂
That's the joke
And you have to leave a like should have been added
Pyramid scheme: When you have to pay a fee to work for them.
Real job: they pay you for training and the amount of hours you put in.
Also pyramid scheme: The more you earn, the more you have to pay your bosses
General rule of thumb, applicable to other areas--like job placement services--as well as MLM: "If they want you to pay money, they are not legitimate."
Wait, so strawberry picking is a pyramid scheme
I came here for this comment
Hamy Nguyen In MLM you don't work for them, It's not a job.
Destroys friendships, relationships and marriages too.
Very true
Also applies to blue shells in Mario Kart
Just A P39N Don't forget playing Monopoly
Reck
And the +4 uno card
• Mila •
Also stacking plus 2 and 4 cards
I too lazy to sell anything to anyone or to recruit people. This is my built-in defense against pyramid schemes.
Ah finally the only thing I'm good at
Too bad you don't even know what one IS! DUH!!!
If you have someone telling you you should buy something, it's a pyramid scheme lol actual businesses don't force their products on people, only scammers do
Same bro same
This is probably a lie that you made to fell good about yourself
the difference between an honest MLM and a pyramid scheme is easy: in an honest MLM you never have to purchase anything to enter, you just need to sell products (without having to buy them first), and what you earn from your referral is coming from their own products sells VS in a pyramid scheme you have to purchase products or pay a monthly fee just to stay in the business. Basically: honest MLM = focused on selling products VS pyramid scheme = focused on recruiting sellers.
Hi. Im 14 years old. How do i explain to my parents that what they're being sold is a mlm and a scam?? Bc they believe everything i learn from the internet is wrong
Show this video and lots of news articles about pyramid scheme
@@g0dly1 but they think everything on the internet is wrong
@@tanyagupta3376 hmm newspaper articles then
Tell them about Vemma
Let them learn the hard way then
“You don’t get rich by going to college. You get rich by getting rich.”
-Griffy
Lol did u get recommended this after watching his vid
Steps to getting rich:
1) drop out of college
😂😂😂
It makes sense actually.
Step 3: ". . . . . . . 😏"
"Its not a pyramid scheme, it's not even a scheme per se"
*draws triangle around business structure*
It’s a reverse funnel system
The office!
The office!
uselessemailid a man of culture!
The reflective upside down pyramid technique is the newest high growth marketing algorithm for high funding success. Lexiconigraphical gibberish can be a red flag
I wish I would’ve knew this this time last year .. being in one of there’s things damn near ruined my life . I look back and cringe at how brainwashed I was .. so embarrassing once you realize what happened to you . So depressing once you realize youre never going to “ make 10,000 a month online working part time” I’m honestly still recovering . Really it’s because they got me at my lowest point . Single mom working 2 jobs to make ends meet little to no time spent raising my child because I have to work so that we can survive . Me knowing I’m a hard worker I was told by this company that if I just worked hard enough , if I just wanted it bad enough it would happen for me . Well I worked hard, and definitely wanted it bad enough and it didn’t work out and I lost almost everything. The company shut down right when I was about to reach 2000$ a month ..
you can always start again with a legitimate mlm. you can still be your own boss, just be cautious and learn to differentiate between a pyrimid and a legit mlm
@@abradam26 no thanks 😂😂😂😂
@@abradam26 no thanks
@@abradam26 ypur profile picture is a big red flag
Single moms are target
In Philippines you can easily spot a pyramid scheme with the following:
- non-close friend suddenly DM'ing you
- the phrase "are you an open minded person?"
-
Do you Know about B Hip One,
i think its a Pyramid scheme?
I smell Frontrow in the air lol
"Have you heard of FRONTROW?" LOL
Omg. Someone I don't know but goes to the same school as me messaged me about Frontrow. I said I wasn't interested lol. I made a good decision.
Hahaha totoo Yan 🤦🤦🤦🤦🤣
When they say "it can't be a pyramid scheme, because pyramid schemes are illegal!"
"nah man, our cars won't get stolen if we don't lock them, that's illegal"
@@mosh57 🤣 🤣 🤣
They can’t be a bank robber, bank robbing is illegal
This is usually the first line they say when you confront them. B*tch, it's illegal to kill but people still doing it :D
wow, I actually been told so lol
I went to one of those once. They told me “This isn’t a pyramid scheme. Your job is a pyramid scheme. You’re working to make someone else rich. Here you make yourself rich” 😂
Funny thing is it’s true cause your manager boss make money from you and his boss will make even more... Only thing is atleast you’re guaranteed a check in a job 😂
It’s true though
This is not true. Just look up the difference. I’m sure there’s a video explaining it better than I can
@@joshvineyard7253 a job is a pyramid scheme of it’s own
@@sebastians9285 you paid more because of your expertise and experience instead of recruiting more staff to work for you, how is that the same. And ofc, companies and founder makes more money from its worker,they need to struggle to make a company before they could even start hiring staff, if they don't make profit that would just a time wasting activity.
Thanks, I saved my loved one by showing her this video. She wasn't convinced at first when I explained pyramid schemes but this video made her understand.
How to spot a pyramid scheme:
Person who sat behind you in high school ten years ago hits you up on Facebook with a once in a lifetime opportunity to retire before you’re 21 by working a part time full time part time job where you’re your own boss
That sounds like the dream to me
I now hate that "friend"
So you were in high school at 11 years of age?
Right on the spot.
Or you do photography /stylist/whatever now and they need photos whatever and proceed to waste your goddamn time and Sadly murder is illegal so you are never getting your time back
One time I made a recruiter crack.
I was doing my best to fail the job interview...
Him: "I like you. You have a good head on your shoulders. Even though you're not our target audience, you would be perfect for our company. All you have to do is pay $110 for the membership cost"
Me: "Wait, I have to pay you for me to work here? If you want me to work for you, why don't you waive the fee?"
Dude blows his head gasket then starts saying how he hates college kids because they don't "get it". He went from being the nicest guy with a big smile, all of a sudden wouldn't even look at me.
Yeah, never trust ""companies"" that make you pay for some "getting started" course.
If they are legit they will assure your education or hire someone already educated
@@shadowaker6260 forex
When your highschool crush texted u after 40 years..its a pyramid scam.
40 years- now that’s a lot of years 👀
@Christopher Boukalis why must the word unoriginal be used so wrongly.
Lmao
Damn I thought she is finnaly into me... thanks for ruinning all hope
😂😂😂😂😂😂😂😂😂
Years ago I was pressured by a co-worker to attend a Pyramid Scheme Recruitment Presentation for Vitamins & Supplements in our small community, knowing full well what I was walking into.
I resisted the high pressure tactics employed to get me to buy into their scheme after their presentation was finished and the recruiters of course got quite irate with me, pretty well throwing me out and shaming me.
Looking around I saw many local business people, lawyers, even law enforcement in the audience, eagerly signing on and paying to get in on "this special opportunity to make money while you sleep".
Often wonder how that turned out for them.
The 900+ dislikes on here are probably pyramid scheme business owners
they dont have to, the people who sign up for these things are so hopeless, friendless, or just enojoyable lifeless, they will brainwash themselves with nothing more than a small push...
or they know more about what all these people are talking about. The only pity is they pay attention to these kinds of posts.
Not necessarily owners. Scammed people don't like being exposed as gullible.
900+ Boss Babes disliked
It wasn't easy with the kind of experience I had with them, thank God to Solution Global Recovery I was able to get back my lost Funds through the help of Solution Global Recovery here’s their email address you can contact them at : jm7480652@gmail.com and they will also help you to recover all your lost funds
One of my friend got caught in an MLM. He was convinced it wasn't a scam and even tried recruiting me. Eventually he blamed himself for not being able to get rich off of it. He now works a regular job
Like he did to begin with. Like you do. I don't call that a "loss".
@@kingoffuzziethieves he lost the money invested to start and he lost his time, i call that a loss.
uwillnevernoewhoiam thats how those predators work, convincing people they have to "work the plan!" So sad.
lmao that happened to my ex as well
Do you remember what the company name is?
Walked into a job interview that turned out to be a pitch for a pyramid scheme. That was infuriating.
How’d you know?
Same thing just happened to me. Another multi-level marketing agency operating under different names that they change every month or so and are virtually untraceable. Luckily I caught it quickly.
Have they ever posed as “Advertising Companies?”
If so, they have probably attempted to get me.
So shady
How about me? Who walked int a date.
The king of the hill episode when Peggy got caught up in the pyramid scheme saved me a few years. The job I was offered was identical to the episode plot buying and selling “products for living “ .
"No no, it's not a pyramid scheme... it's a... *trapezoid* scheme."
Underrated comment lmao
Great Simpson’s reference bro
emphasis on TRAP
"It's not a pyramid scheme, it's a reverse funnel system."
WE ARE A DIMARYP
*How to Spot a Pyramid Scheme*
It involves you bringing in another person.
Yes indeed
Or that you have to pay.
@@Mrraugut Exactly
That’s not a pyramid scheme. That’s MLM
@@alexmaxwell7126 which is basically a pyramid scheme
" I made 7 million dollars sitting on a park bench "
@The Kraemer Forrest, was it from Ping-pong or lieutenant Dan's investment into the Fruit Company ?
I know this guy. Man trying to dupe us all out here. Along with many more of them
@@premiumdomainnames its was bubbas shrimp concept
@The Kraemer This response deserves WAY more attention...
Dam how lol
LOOOOL “fight fire with fire. Send this video to three people you know”. What an amazing sign off.
Another Red flag:
When your friend who rarely (actually, never) invite u anywhere (especially if it is not your close friend) suddenly invite you for a drink and chill.
They just want to get laid with you
Welcome to the NHK
Welcome to php lol
If they say it’s not a pyramid scheme
*Its probably a pyramid scheme*
Your life isn't a pyramid scheme.
R u in a pyramid scheme
What are people supposed to answer if they are being asked if their business is a pyramid scheme or not, then?
Arnaldo Cisneros this is a pyramid scheme
@@arnaldocisneros2212 who asks a legitimate business if it's a pyramid scheme?
"Send this video to 3 people, then encourage them to do the same"
Nice one.
Lmao 🤣
Most adults figured out the scheme by learning from other people's mistake. And the more hands-on people learn by their own mistakes. The remaining ones are just naive and would not learn from this video anyway.
I used the pyramid to destroy the pyramid.
Nearly got into this scheme. My friend offered me a job without me knowing that the job he offered was a pyramid scheme or a mlm type of company. He used sweet words in order to woo me into joining this type of scheme. I was hesitant to join but thanks to this video, I found out what the purpose of why my friend was eagerly and persistent of inviting me into the company. Thanks very much Ted-Ed. You saved my life.❤❤❤
Red flag : "bro, lets have coffee sometimes, " "are you open-minded?"
No I’m closed minded thank you
When they start the sentence with bro, it's a pyramid scheme
Can relate. Haha.
Pikachu Umbra Oh my gawd the “are you open minded?” Line is so spot on!!
@@ItsCottonie ikr?
if the job makes you pay to work for them; its a scam
Difference between a worker bee and a wealthy bee is making wise choices with what you're investing your money/time into.
Win some, lose some.
Not all jobs that require you to pay are schemes, you have to pay school to become a medical doctor, and then pay for a license to practice medicine after you complete all educational requirements in any state you reside. Is that a scheme?
Many other jobs require certain credientials, paid with time/money/experience, so it's not necessary shady.
Only shady thing is when the job pay you one rate, and no raises or raises don't match inflation/cost of living, that's harsh living conditions, meanwhile, CEO has million dollar income...that's a pyramid scheme
If I may modify your statement, "If the job makes you pay THEM to work for THEM, it's a scam". I say that because for some jobs, you may need to pay for a permit, a license, a test, etc. The difference is you're paying some separate organization for such item/service, not the company desiring to hire you.
Aren't you paying for your regular job with your time and sweat just to end up having more depts which you can't pay because your regular job's wedge is too small? I'm not paying 30-40 years of my life just to realize I haven't really live in this world and not developing. Your boss is above you, he tells you which time to work, e. g. they are the ones that are organizing YOUR graphic. Then friends tell you: come on, let's go out, and then you say: Oh, I'm sorry, tomorow I got to work and the next day I go on my other work... Because I'm in the bottom of the pyramid in my regular job in which my boss never wants me to progress, because if I progress, I will be useless to my boss... Something is really wrong in all these. Woking day/night should be 4 hours which will open more working spots for example... Remember - you are not taking the money from here. You only take your mind for after. So surround yourself with better educated and informed people!! Good luck! Still be careful with frauds. In my eyes MLM is okay, because you recieve the products that you buy from the shop anyway... Only that MLM pays you back at some point if you do it professionally. Ask yourself if others around you are really pros. Read good books... Robert Kiyosaki, Eric Worre, Tom Big Al Schriter... If you don't earn from MLM, then you lack some knowledge. What if you knew enough, what if you got better with your skills? Eh? Did anybody told you that if your inviter/leader had 5 parners and you got 10, all prople active, it is YOU who WILL GET MORE THAN your leader. To these days I don't think every "pyramid scheme" is fraud. Bad people Pyramids are just big entry fees, you got your money away, you don't get anything. That's the scheme you should be aware of.
@@drgdfhg If you really want to be your own boss, start your own business. It can be anything--a car repair shop, a restaurant, a SaaS startup, independent contractor, etc. True independence without all the cult brainwashing and scamming.
@@drgdfhg brainwashedddd
My dad was recently offered a business opportunity, and since I watched this video a few months ago I showed it to him. I was suspicious about it since he told me, so it made more sense for me to show it to him. Twas a was a pyramid scheme, plain and simple. Thanks for the very helpful video!
You saved your family from losing to a pyramid scheme
Twas
Which one?
"Twas" 🤣🤣🤣
I’m glad the RUclips algorithm chose me as its one of 3 friends.
1. If someone you don't know contacts you with a job offer without any prior specification, be cautious.
2. If the person avoids answering questions like "what will my actual task be?", be suspicious.
3. If the person says you have to pay a fee in order to get started, just walk away.
P.S. Be a bit self critical and realistic. Would anyone pay you that much for doing nothing at all? And if so, why wouldn't all the people do it already? The value needs to be created in order to generate money.
I'm creating a trapezoid scheme
If paying a fee before getting started is the basic of a scam then every business ever started is a scam
I am a highschool student, I and I get text messages from many random numbers and acquaintances from school talking about a "job opportunity with flexibility," but when I ask what the actual job is, I get a confusing response that doesn't answer the question.
@@oneha6241 businesses invest money to start a business and the only people doing it are the one starting the business if you have to pay money to work for someone then that is most definitely a scam
“Send this video to three people, and encourage them to do the same”
Idk man... sounds like a pyramid scheme
Except you are not financially burdened to do so, and you're not promised money after spending a certain $$$ just to work.
Jovindio Wieuse ...
That’s exactly the point. Are you brain dead?
Gswaggamer it’s a joke. Are you brain dead?
CallieBestGirl of course!
Easiest way to spot a pyramid scheme: claims that anyone can make money from home with no skills or training.
etORO Is A PyrAMiD scHEme
@@darthvitiate7373 how? Can you explain that pls
@@angefabricenda560 im joking cause their ads are about making money at home (stock trading)
Yeah
No business or job in this world can be done with out knowledge
@@darthvitiate7373 haha
"Are you an open minded?"
That's the queue to walk away.
The product should sell itself. Basically, you shouldn't have to hire more people just to get money. The thing you're selling should be able to generate a revenue
and if a product is any good it will be available in stores
@@SueRosalie The store takes a good amount of profit too so a good product with mlm actually works great
@@SueRosalie Not if marketing/distributions costs make MLM the better alternative...
no product sells by itself, that´s why we have advertising wich is actually very expensive. The difference is that mlm rely more on mouth to mouth publicity.
@@SueRosalie Not true at all! Stores sell the lowest quality coffee ever. When you start ordering it online, you start to see how great real coffee can taste. Not everyone can mass produce products for stores. It doesn't mean it's a bad product.
I read that as 'How to start a pyramid scheme'.... 🤣
monisha naren Made me laugh😂
@@shegorivasjego6281 Lol.
And you clicked?!
@@ahab5735 lmfao
*Insta click*
During my summer job I had at least 1 person a week trying to recruit me for a pyramid scheme. They prey on broke college students hoping they dont know any better.
Crow huh that’s odd
Yeah, that's a common one. "Work for atudents". A quick Google or search on glassdoor'll tell you all you need to know about the company.
For ours at UH it was "Vector Marketing". We saw ads of that company everywhere. Though they've since changed name multiple times, they're always around on campus.
The accuracy in this statement man.
In my first year of college I was invited to a meeting at the student union on campus not knowing it was a pyramid scheme. They tried to tell us that school wasnt important and told stories about how much money they made and the places they travelled ect. The speaker wore a flashy watch and I remember him telling us not to listen to those that discourage us from joining because you should only listen to financial advice from ppl who made money ie them. I didnt speak up, I just decided that I wanted nothing to do with it after that night. The guy who invited me called me the next day and tried encouraging me to join and to get my family members to purchase membership as well but he quickly realized that i wasnt trying to get trapped
someone wants to recruit me telling he gain a lot of money, but when he asked me to buy the products to be a member I asked him to lend me some money cause he have enough and he is overly confident that it will have profit, he walked away.
Jobs were scarce in our small Alaska town, so my family got wrapped up in vemma in the early 2000's. I was a kid but saw many people join up in it who didn't have many prospects and a major lack of job experience and knowledge. Many of whom were hoping to take care of their families and only got multiple bottles of the medicinal "juice" that tasted of ground-up Flintstones vitamins. A year ago I was cleaning out my grandparents garage and there were still ancient bottles of their gritty mangosteen health product they could not move. 🙃
This just reminded me of a "friend" trying to sign me up for Herbalife. When I told him that was a pyramid scheme he got upset and started with his programed script on how this was not a pyramid scheme 😅
That's sad....but don't you have a go to "script" in your head for about most things you encounter?
So many weird people join mlm sadly
I was cussed out 😂
I lost my best friend to AmWay (scAmWay) and at the was invited to these meetings. At the time I had no clue and went to two more before I realized the fake-happy personalities across the room. I never spent a dime on the BS seminars and I said ✌️
Haven’t told my friend as I think he’ll also become very upset with me if I tell him
My friend asked me to watch a live stream seminar so I can be convinced that it's legit and it was literally the guy giving them a script without officially saying script.
Another red flag:
If there is no contract that prove the company is legitimate and legal
Filipinos can relate to this:
1. Frontrow
2. AIM Global
3. Royale
4. Uno
5. Paysup
6. Nu skin
7. Paysbook
8. Onepro
9. Unlishop
10. PPM
11. Unitywealth
12. Unitywork
13. Adafarm
14. Captchasure
15. iAM Worldwide
16. USANA
17. KAPA International Ministry
New scheme groups added to the list thanks to the comments below, I never knew there are a lot more, most I never even heard of!
Add Uno and Royale to the group..
Nu skin
Paysup too, it's really just about targeting naïve people and letting them think it's legit for the sake of them investing and earning money with no regard to those people under them having more difficulty in recruiting and selling for that company they got them into the first place.
Frontrow is definitely a pyramid scheme. The fact na they time-pressured me to buy their "packages" after 1-2 days is quite suspect.
And now, introducing..... Unli shop, unli scam 😂 😂 😂 😂
The Artstyle looks a lot like the Opening Credits frm "Catch me if you can", loving it!
1. got to be a former classmate
2. Messages you on facebook to share their posts.
Smell a scheme right there.
Especially when that former classmate who never tried to contact you for years, suddenly calls you to have a dinner together...
And uses the word 'hun' a lot
Especially when they see you as college students who desperately needs money
"Are you open minded for business?"🤣
w o r l d v e n t u r e s
When the son of deposed King of Nigeria emails you directly, you help . His father ran a freaking country😌
The office XD
Who dat
I have to make a call.
@@undown9427 Michael Scott said this?
@@supptk yeah
Accidentally clicked on this thinking it was "how to *start* a pyramid scheme"
Lol same
Step one: Start recruiting anyone
Send this video to 3 people that you know now to spread awareness and become your own boss!!
Yes.... "accidentally"
you probably still got the information you were looking for from this video
Hustlers university💀
It is not a pyramid scheme
'If it seems too good to be true, it probably is' is such a good quote. In the modernized world there's no convenient way to make money that easily by sheer good heart. It's a good way to learn how the world works, but it's also sad how some people want to commit to these schemes.
In financial jargon, it's called the "no arbitrage condition".
In an efficient market, if there's a way to make free money, it gets discovered pretty quickly and as more people find out about it, the less profitable it becomes.
This makes all opportunities to make quick and easy money disappear really fast
Yeah, this proverb guy seems pretty cool to have come up with it, wonder what else he has said
Same with online shopping. If a GTX 2080 video card is only 20 dollars, you better use your brain and know that it’s fake.
@@One.Zero.One101 I genuinely got one on sale, but it was _not_ for 20 bucks it was still freakin expensive even at discount
That's the whole point of market system: if there's real way of fast safe easy money, it's already overused by everyone.
Remember guys: No one is actually THAT interested in you making money off of THEIR business.
Except if it makes you both more money. This is literally how world works
@@Nagib23_32
Even in that situation with legitimate businesses, that involve actual production of goods and services, no one is still THAT interested in you making money off of THEIR business. For business it's always minimizing game, there are factors keeping salaries up however:
1. Unions.
2. Paying very little will reduce worker efficiency.
3. High competition for
labor ( depends on situation on market, mostly works for workers with rare set of skills ).
To name a few.
"The guy who recruited me has a Lamborghini now", "if you don't pay now, you will regret when your neighbors are driving a Porsche"
You mean the guy is in a pyramid scheme and owns a lamborghini now??
@@aditya22439 No, they never will, unless he is at the top :D
@@aditya22439 it was quoted means the recruiter is telling he @windows xp to join because he knows of someone in driving lamborghini
Trading crypto is easier than you think. Thank you Joseph Allen for helping me make $5000 in one week.
@@ethannakamura96 can't tell if this is a joke or not but terrible area to comment this if your legit LOL.
I almost fell for a pyramid scheme at university. The only thing that saved me was that I was too poor and balked at the money they demanded. Had I known what it was, I would have called it out immediately.
I was soo close to fall for this exact thing when I was younger. I told my dad about it and he warned me and told me about pyramid schemes. I should thank him again
Lucas S. Lovén Your Dad was smart 👌
Exact same situation happened to me lol 😂😂
You're welcome my boy
THE SAME HAPPENED TO ME TODAY .MY DAD TOLD ME THAT IT IS A PYRAMID SCHEME
"You look like someone who's always wanted to own your own business."
uncle_tai x lol why yes I have 😂😅😃🤣
My god. I am buisinessu mannu. I am respect. I declare my first purchase as corporate leader is 500 dollars of your miscellaneous and unneeded household objects! I am so gonna git rich off of this!..
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Lol. So true. The pitch, "I realized that working for myself is the best way to become financially independent". I've heard them all.
@@peterwonaprize - Yep. Funny thing is that I have never met a friend, family member, or acquaintance that has ever retired from an MLM. The only people that have ever retired from an MLM are the guys up on stage at the conventions.
It’s someone else’s business and they need your money 💰 to get somewhere
Literally anything that involves you having to pay to get in and having to recruit new members
Matuco BULLAguero you pay to go to school and get a job. Jobs hire and recruit. Military recruits new members. Clubs recruit. Schoolls recruit. Sports teams recruit. I dont see your logic
@@Alejo__ obviously legitimate schools don't count. But it is possible for a pyramid scheme to disguise itself as an educational facility. But the general rule of thumb should be if it is an organisation where you have to pay membership fees to get in and where buying a large amount of the product or service to get in is a prerequisite and you are compensated for the members you recruit then it is probably a pyramid scheme
@@Alejo__ yeah but they don't pay you recruitment fees as your main source of income
Kmab77 buying and reselling a product is the dumbest thing. But thats not what i was referring to. What im talking about is the recruiting concept.
@@angelomartyr name one MLM that has the majority of its members make any money. For most, you need to be senior level with dozens of people below you to even clear minimum wage
2 years ago I left a pyramid scheme job before I even knew what a pyramid scheme was. This video explains it perfectly.
Simple, if it's "Too good to be true" it means too good to be true, like "invest in our company $10, and then you will got $1.000 next month"
I see you you sneky decimal
Sumeiyah Syeda Ernest Jay is probably European, where dots are used instead of commas
Imagine the first guys who invested in Warren Buffet company in the beginning...
Invest 10 000 and get 1000 000 000
Can we take a few seconds to appreciate the very satisfying sound effects and animations that went into this this
Yep
Yeah. Great sound design in this.
If you hear: “be your own boss”
Run away, run far away.
Be my own boss? OK, then you pay me $500 and I'll give you some junk to sell.
I appreciate the inclusion of the difference between a pyramid and ponzi scheme. I get confused at times but the graphic is a great addition.
"Hey bud I know it's been a long time,"
Whenever a highschool classmate who hasn't spoke with you in years contacted you to share an unique "business opportunity ".....Block them.
For real though!
I don't think you should block them. They're vulnerable people who fell prey to these companies, and i think you should convince them to leave and pull themselves together.
Me 😂
I don't block. I mock.
If it sounds too good to be true then it probably is.
True?
@@juhailmarisalminen *too good
Nah I think it's true
@@juhailmarisalminen search the difference between 'so' and 'too' in a sentence and you will understand
Wow its like you read the intro text
but you got it wrong!
Thank you TED. The video has everything you can know.
Hah! I'm practically invincible against the pyramid scheme as i,
Have no friends.
Dw I'll be your friend.
Oh they find you alright
yep a friend is another way of saying "A person who will always pick them over you if there is no other choice"
@SARAH GIBBS If you view it from another angle, it might be a very friendly move.
"Hey pal! I've found something where we can both get a lot of money!"
If you haven't spotted the pyramid scheme, and fell for it, one can genuinely believe he's helping his friend.
111111
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*Facebook games in 2012:* invite your friends to gain gifts
*Me a paranoid:* that’s a pyramid scheme!
That actually is, a lot of Facebook game used the pyramid scheme to get player.
At least you don't get "schemed" bcz you paid nothing
@@mynamesbigmynamesbigmyname4757 also, these games are usually very pay to win
@@warmike yes, the fb game dragon city is one example.
@@miak.5196 wait that’s a Facebook game? WHAT?
wait Mia khalifa why are you here
@@miak.5196 not really since you can easily hack it.
The worst of all: when they make their sales pitch at your dinner party.
halneufmille oof just happened😭😭
When the manager of your paper company tries to sell you on his wife's candle scheme while the ossobuco is braising.
Sean H. Ceo of comedy ^^^
I once had someone try to pitch their scheme to me at my grandad's wake lol.
Tamara wow! That’s so low
“No barriers to entry” is the dead giveaway.
Is it a pyramid scheme if you’re trying to get investments in order to build a pyramid?
If you only get profit when you recruit more members to invest for the pyramid.
Sounds more like a retirement plan
U trying to make a Pyramid so it's still a Pyramid Scheme in the end, so yes
I'm actually down with this plan. The world needs more Pyramids
then it's ponzi first