Get Rich Quick Gurus: The Truth.
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- Опубликовано: 22 май 2024
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"Get Rich Quick Gurus" are nothing new, my video "The Rise of Fake Gurus" took a dive into some of the modern-day examples of these schemes and individuals, but in today's video we're going to take a look into the history and tactics commonly found throughout Get Rich Quick Schemes, and more importantly: why they work.
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Next:How crony Capitalism is get rich quick scheme.
Lol
Just a heads up You didn't put Patreon Link in the description
🙏 Thank you for the history! As to how people fall for it, it's like why they fall for cults... In a moment of need, they get manipulated. Good that you got out! 👍
As always great video 😀 love from India bro 🌹
Your research, scripting and presentation is on point. The seminal and possibly final say on the 'make money now' niche. Take away: it's not actually a niche... It's a human condition being exploited (edit). For that, kudos.
It is so ironic that while watching a video concerning internet scam, I have to watch an ad with exactly the form of scam that this video is shining light upon.
and the comment bot-trains
😂
Yes me too
😂🤣😂🤣
So do I. It's a glitch in the algorithm.
Anyone else get a get-rich-quick ad in the middle of this video? 😂 Great video James! 🙌
Yeah, because those people running ads are targeting the subject of this video ;)
Ballsy as well to go against heavy weight punchers that live in America . Much respect
Haha, me too 😅
The algorithm is confused 😂🤣
Oh yes.
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
The rich Invest in alternative income streams that are independent of the government should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. Stocks, gold, silver, and virtual curre-ncies are still attractive invest-ments at the moment...
I thought about invest-ing in the financial market, I heard that people make millions if you know the tricks of the trade, but I lack good knowledge and a strategy to outperform the market and generate good yields. I have 160,000 but it's hard to bite the bullet and do it.
The best course of action if you lack ma-rket knowledge is to ask a consultant or invest-ing co-ach for guidance or assistance. Speaking with a con-sultant helped me stay afloat in the market and grow my port-folio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.
Interesting! can u share more details?
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
You're absolutely right, to be a successful in life required not only hard work but awareness and sometime opportunity at the moment, investment remains the best way to start.
@@richardcotterell4406 Obviously talking about been successful, I know I am blessed if not I wouldn't have met someone who is as spectacular as Debra Barton
She helped me recovered all I've lost trading by myself
She had really made name for herself
please I have been hearing about this debra barton from different comments section. How do I easily reach out to her
James: uploads a new video
Self-help gurus: Sweating heavily
😂🤭 Jai shri ram 🚩
Ya they must be 🥵🥵😅😅
He's busy promoting HIS Sponsors. While they have you looking elsewhere, they're picking your pockets....wake up buddy!
@@antoniodg2673 No, they are not
@Antonio DG26 Have you heard of demonetization? Yes, probably he experiences it in lot of videos. And atleast he is not sponsering a poison like all the other celebrities in world. If he doesn't get a sponsor will your dad fund him😂
Took me 6 years of trying to ''get rich quick'' before I made 100k a year, it's when I stopped listening to so many gurus that I actually passed that milestone. Great video as always brother.
Really like your videos and growth!
Well deserved man, big love 🙏🙏
6 Figure Paddyyy, love the videos
Yayyy
please what do you bro i would love to know .. i am trying to figure a way to make money
I will never forget when a coed tried pulling me into an MLM. The guy who was doing my introduction drew the scheme on the white board and I went "that looks suspiciously like a pyramid", to which the guy replied "well, no, a pyramid is pointy at the top, our system is pointy at the bottom."
🤣🤣😂😂
So....an upside-down pyramid lol
he is right... so just join him!!
“WE ARE IN A DIMARYP”
You made me laugh out loud, good luck in life whoever you are
It's very humbling and revealing to realize you fell for a scheme; admitting you were wrong and/or susceptible is one of the hardest things to admit. Schemers actually account for most victims being too ashamed to blow the whistle on them. I really appreciate your dedication to educating people on very real problems.
You know you’ve reached adulthood when you have friends falling for these schemes.
I am in the same situation 😂😂
For real mate.
😂😂😂😂
My husband. For years! Then he gets mad at me because as he says, you don't trust anybody. I don't trust get rich quick schemes is what I don't trust. Just because you want it to be true doesn't make it true. I think it's just the mindset that if you're "rich" you'll be somebody. Yes, it's nice not to live paycheck to paycheck but I don't think things ultimately will make you happy. Research lottery winners. Lots of sad stories.
At 18 I was already obsessed in "self help" books....it's a true addiction
The fact that, “people are getting rich by teaching how to get rich!” is ironic itself.
If you want to make million just write the book about how to make million
@@andresLK wait... so you're not joking now?
Fake it till U make it ... -)
coffizala 101
What's insane is that everybody's selling courses that teach people how to sell courses. It's insane how popular (and profitable) that world is.
I remember in highschool asking my dad for money to get into the classified ads nonsense. My mom heard my dad and I arguing as I was trying to sell him on it. My mom went in to say if it was that easy everyone would be rich.
Exactly
Your mom is a W
Yeeh
based mom
My friend lost thousands to Dan Lok. He even put me down at one point for being "closed minded" and therefore broke. I honestly felt so bad for him that I just took it and nodded rather then tell him how ridiculous it was. He bought his books, attended closers in black and took coaching. In the end he's only doing ok because he went to university bot because of Dan Lok. Dan didn't make him a single penny
Oh man, that ass really makes asians look like villains
Yo I used to listen to that guy since I needed some marketing advice and I immediately felt a sense of suspension and never did again
@@justamuslim9825you were smart and lucky😊
"If it was easy, everyone would do it."
"anything easily gained, is easily lost."
"Hard work is it's own reward."
- My Dad.
wise words
basic laws, but hard to do as behavior
is ur dad rich tho?
@@jesterc.6763 yes
Hard work is for idiots. Why climb the stairs when you can take the lift?
I just been told I can get rich quick by buying an old Egyptian building.
I think it’s a pyramid scheme.
Edit: As a small channel that no one cares about, really appreciate the love!
Visual Venture. 🙏🏽🙏🏽
Hahahahaaa
@@mxsaa45 😂😂😂 I appreciate the laugh
You make 90% of the jokes in this comment section
Lol
@@Nathan-Croft 😂 I try David I try
I have not fallen for these "get rich schemes" because I was taught "there is no such thing as a free lunch" and I am lazy af.😂
You didn't find the " make $1000. a month for doing Nothing?"
They prey on lazy people too.
I have always had a sixth sense about MLM's.
So shady!
@@ajordan1976everytime i see this i see them telling me to do things that i would be too lazy for, despite claiming you don't have to do anything
I tried Amway back in the 90's. I never made any money. A few friends told me it was a scam and a MLM. I also went to a meeting of people trying to get other people to sell some vitamins. I'm very glad I didn't get so sucked into these that I was loosing money. I hope many more see this important video. Thanks.
As a victim of a get rich scheme. Your content is underrated and not exposed enough. In this day of age of dreamselling you are a breath of fresh air.
Absolutely. This guy is doing important and valuable work in the public interest.
He deserves every respect.
Idk man, 1.7 M subs, that’s a pretty solid reach. Some ppl just don’t care about building a future
Man I’ve felt like I’ve been victim, but I’ve only gotten into these two pay once things, both for different topics, one of them was drop shipping, which i paid for once but then i paid again to basically like get even more help, I’ve felt like I’ve learned a lot tho, just need to use that to actually make something big now
I'm 33. I'm unemployed with some disability. I almost fell down this path. What these people do is sell courses, often renting mansions and fancy cars to make their videos. Here's a secret about secrets - the best stuff is kept private. And remember the people who get rich are the ones selling the course.
Just like the Pulpit SCAMMERS.
These courses have been around since the early 2000
Hello bro...have you got a any kind of job?
@@SikanderG1 What the fuck kind of question is that?
Do you have a job?
@@DriscolDevil yes bro I have so then I asked!
After college I replied to a vague sales job posting and when I arrived amongst a group of 20 people, I realized it was about selling knives. I was nice enough to let the speaker end his speech on how everyone was going to be rich, then stood up and said thanks but this isn't for me. He proceeded to put me down, by telling me in front of the crowd that I wasn't cut out for the job and will not succeed in life. My mistake was not leaving as soon as I got there and giving him the finger on the way out.
I'd hope your self-esteem is intact... Don't let such word define you.
Yep, nearly lost all my friends and family because they bribed me to recruit more "sales reps" in the exact same MLM scheme. I remember my texts would get blasted with everyone asking me if I consented to this. Quit the job right there and then as fast as I could.
For those interested, the company's name is Cutco, and their MLM program is called Vector Marketing, so if you see any ads for either of these, RUN AS FAR AWAY AS YOU CAN, AND DON'T LOOK BACK!
It’s been my experience that anyone who makes a lot of money and is middle class is not ever going to reveal to others how they made it unless they’re scamming you
Not outside of like close family and friends. Certainly not the entire world if you pay them $49.99
I never understood why someone who has a method of becoming very rich very fast would waste his or her time by telling others how to do it, instead of doing it himself. This was pretty much the end of my thought process since I was a teenager in high school. And it was very painful for me to realize that even adults are being scammed that way - it forced me to realize how every educated adult person can still be manipulated by evil intents... And if such manipulation is possible, what else do you think is possible without most of the people knowing?
Absolutely agree with you. Do you think that they are sooo concern about the rest of us.... haha
Going to school and even graduating with a degree doesn't automatically mean someone is educated. A lot nowadays go to socialize and get a piece of paper, and end up even dumber than when they began. I know a lot of these people cause I went to school with some. I don't have a lot of compassion, they're trying to get rich quick rather than put in effort and sacrifice and actually learn.
Evil intents are widespread.. Stupidity exceeds that
@@400medley what you're saying is true, but most school dropouts are much worse off than people with degrees. This is statistically and scientifically proven already.
Most people who got rich off of a secret product they developed would not never tell anyone ,they would just make their money
The thing is we'll probably never get rid of them. They've existed for ages and there's always going to be new forms of get rich quick schemes as technology improves. Nothing we can really do except spread awareness...
Spread apathy, not awareness.
Yeah, they've existed since the dawn of modern capitalism. From the snake oil salesmen of the 19th century, to the pyramid schemes of the 20th century, to the internet finance gurus of today.
At least we can dslike their videos (HUGE DSLKE)
@Sebastian Szymczyk I agree with you 100%. Everything you've said is part of being objective. The lack of objectivity when making decisions and assessments can lead to these problems. Many people are not critical thinkers like JJ and are subjective. Decisions based on emotions and feel good moments and not logic and critical thinking will almost always lead to situations that end badly.
*The problem today is most people always think that, you only need a good job to get rich... These millionaires are operating on a whole other playbook that many don't know exists*
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits, such as regularly setting aside money for sound investment..
.
Money invested is far better than money saved, when you invest it gives you an opportunity to increase your financial worth
It's remarkable how long term advantage people like us have gotten trying to be consistently not stupid, instead of trying to be very intelligent
The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that doesn't depend on government paycheck. Especially with the current economic crisis around the world , this is still a time to invest in Stocks, Forex and Digital currencies
I keep seeing how lots of people testify about how they make money from stocks, Forex and crypto currencies (BTC) and i wonder why i keep losing.. Can anyone help me out or at least advise me on what to do 🙏.
Great video... You're doing something with your life that has meaning... That's the reward in itself... Pause and appreciate... Many thanks
These scams were easy to ignore when they were just in the back of magazines and on late-night television. The growing ecosystem of online influencers has breathed new life into them with a new kind of insidiousness, granting them an aura of legitimacy they did not previously possess.
totally agree 🙌
You put it in the right perspective - well said - you nailed it
This comment is so on point!
So true!
Hey wanna buy a depressed ape NFT, bound to increase in value, since there has to be a fool more gullible than you. Lol
Remember this, always:
- A "rich person" doesn't need to work to sell training courses. Ask yourself why said "self made millionaire" is doing so.
- If someone has found a "trick" to make it in a market such as crypto or real estate, there's no reason for him to share it to the world. Why increase competition when you can make passive income for the rest of your life? Makes no sense.
The TRUE!!!!!
How about trump university
It’s a kinda sad thought I mean, prosperity doesn’t mean anything if you don’t share it… why do teachers exist then?
@@mariellangsaez because if everyone was rich no one would be
Oh come on man, don't be so pessimistic. They care about you and want YOU to be successful too! 😂
Every person in this country, if not the entire planet, aspires to be wealthy someday. However, the majority of people who aspire to financial security are unwilling to make any compromises. To be wealthy, one most be willing to give up any comforts, should you take a hard look at your lifestyle.
Fear is a total failure when you give up Ambitiousness; and Success is a game of dice, you throw your $coin while your investment decides your goal.
I have been watch videos here and there, they all talked about the benefits of trading forex.
I'm impressed, noted 👍
People have been saying good things about her trading strategies everywhere. Just need to put myself together before i started right away.
There's one thing my parents taught me growing up, if it's too good to be true then it probably isn't. It's probably saved me more time than I know from falling for these scams.
Same here.
The funniest thing when watching these videos are the adverts. I guess Tai Lopez has rented a place in Puerto Rico... I doubt he will sell many courses here.
The amazon twins advert cut in. Very confusing.
Be a money magnet lol
I’m sure he rented one there because it’s relatively cheaper to rent a big house and for the nice scenery.
Stop watching gurus and start learning from Patrick. If you are interested in real finance, that is.
What part of Puerto Rico? Iam from Bayamon
The difference between you and other youtube channels that tackle money issues is that whenever I watch your videos I feel safe and not being lied to. Thanks from the bottom of my heart😊
But his videos are addictive though
Yeah...there's defiantly and comforting tone to his voice.
You should check out Coffeezilla or Spencer Cornelia. They also have been exposing Internet scams.
@@728huey Thanks😉
Maybe he has a program that will help you create your own RUclips channel. For the right price.
I literally got a dropshipping course in the pre roll ads. When will there be a law against this crap?
Same! And a total of 4 get rich quick adds in this video!! Never gotten one before. Crazy
I was scammed by a crypto guru. i was young at that time tho. but shit was a good lesson.
So dropshipping is also a scam?
@@kingkongkonings7568 Is dropshipping scam ?
Cardone in my ad
You hit it on the head. A good rule I always try to follow is nothing comes east in life. The quote “if it’s to good to be true, then it’s probably not true” was quoted for a reason. No one what’s to be embarrassed or admit they have been a victim of these schemes. However I bet almost every single person has fallen into something at some point in their lifetime.
The "if it fails, it's not because it doesn't work, it's because you didn't try hard enough" is true in cults too.
The truth in this...I once dropped out of varsity because of this.
Tried to do business, failed horribly, than 2 years later went back to varsity, now in my 2nd year.
Thanks for sharing this James. I hate the way they play with insecurities, leaving you thinking there's something wrong with yourself.
I hope you will continue to create more awareness.
Breathe bro trust me
I failed my final exam in varsity because I fell prey to MLM scheme. it took me 6 years graduate instead of 4 years. I lost very good friends. I lost my girlfriend because I shared those dreams with her which were promised by MLM's which definitely didn't happen. Then my family saw me as a failure.
It's now taking me years and a lot of effort to make new friends and regain trust of my family ever since I walked out of MLM to develop my skills trying to find my feet in life.
You jumped from one scam to the next 🥱
I fell into the Amazon FBA hustle. I thought something was wrong with me. Happens to the best of us. Personal development can carry you through the darkest of times. Stay working on yourself and increasing your value
Im about to enter :( it is a scam?
@@eduardonavarro1574 it's not a scam, it's how you execute it i.e. have enough money to invest and calculate/set *realistic* profit goals. But be aware of the gurus who are selling you overpriced courses and making "too good to be true" promises.
Thank you James. I was almost a victim of such schemes. Today I try and help friends and family avoid such people. Unrealistic outcomes are exactly that... keep up the good work mate. Sending you love from South Africa.
Working at 9-5 never makes you a failure. I think most young people need to realize this.
if you work for a flat rate you can def be a failure
It’s all trash bro, 9-5 and these online scams, build your own legitimate business and pay yourself
@@DaGreat81 agreed building my business has given me stability and actually job security. We all have always deserved better than what corps would give us, when it matches productivity I could see it being an option but you will never get your worth as an employee vs being the owner
9-5 for me I see it as a stepping stone to your financial freedom, set goals on what you want to do and save bit by bit to achieve, I have done it and anyone else can do it. But don't forget be patient, it will take time!
Depends on if you really enjoy what you're doing or not.
I doubt hospital doctors feel that their 9-5 makes them a failure.
"people overestimate what they can do in a month but underestimate what they can do in 10 years" or something, amazing video as always, keep up the awesome content :)
I fell for this scheme for a YEAR and a HALF when I so LOW and desperate that neither my higher education nor my friends could stop me from wasting my time on this BS. Psychological affects of that "cult" are haunting me up to this day, ten years later...
Agreed😊
Thank you for being so vulnerable and sharing your own experience with these issues. I think it will go a good way in having more of these stories shared more openly and more transparently. That's how the illusion will be broken. 👍🏾
Seriously, your editing, script, background music and aesthetic is out of this world.
I was introduced to MLMs when I was a kid, thru my dad & mom. We used Amway vitamins, then they tried other new MLM companies. Once I turned 18, I started drinking the MLM Kool-Aid bcuz our entire lives we struggled & the dream they sold you was like your first hit of drugs. That so called dream did not discriminate against age, sex or race. It felt as if you knew something that no one else knew, you were special & that alone would be the beacon to your success. I learned much later that the actual products that these companies sell are shit, whether it's vitamins, shakes, drinks, travel, insurance or telecommunications bcuz their goal is membership, not product recognition bcuz they're not designed to compete in the free market. That's why no one ever heard of them & no one will
Are you Nigerian like me?
So true a teacher , at my high school sold Amway and told me he used Amway vitamins daily .He did not see his 65th birthday , sick , then died .
@@Jay-vr9ir lol so are you saying taking Amway vits kills people? Cuz that's what youre saying haha. That's ridic.
My dad got into so many of these, starting with NuSkin, continuing with Noni, ACN, and so many more. You described it so well. It's very cultish. I remember my father's mother telling him, "I'm a believer in Noni!" I know she was just trying to be supportive, but the only reason someone would talk that way is if they're trying to swallow BS.
@@nic_4849 No , I am not saying Amway vits kill , I am saying they did not help him to stay alive .So lol on Scamway. Amway does not have a very good track record , when it comes to making people comfortable in a financial respect .
I remember when my sister told me that she went to a job interview only to find out that the job involved selling knife sets. She said that she was really annoyed and the presenters must have noticed because shortly after the beginning of the presentation they pulled her aside and politely asked her to leave. 🤣
Me and my friend, we went to apply for a job at this company. they had someone do a presentation of door-to-door knife selling. Even at the time, we looked at each other....who in hail would open their doors for a couple of guys with knives? After the lunch break, we did not go back.
In answer to your question Stephen, likely somebody with a gun.
I never looked at it like that. 😂 I bought the cutco knives from my cousin. But yeah, I probably wouldn't have opened the door for strangers selling knives. Although I do like the knives.
Loved the content . So sad we sometimes become desperate enough to fall for these schemes.
When you hear 'New Opportunity' it's often a 'New Scam'
NETFLIX, GET THIS MAN A SHOW!
Well, Netflix documentaries are scams so I suggest a different platform.
@@JaysonT1 nebula? Hulu? Brilliant?
@@PureAbsurdist RUclips
@@JaysonT1 how? Just wondering. Did they spread any false information?
@@2headsounds348 Nooo.. Absolutely not...
You definitely hit the nail on the head on this one! I have paid thousands of dollars to these gurus just to be left in the dark with their programs. But it wasn’t all bad. I learn that there really isn’t a method to get rich quick beside hard work. And if you do get rich quick it isn’t going to last long because someone is getting scam by your products/services. I look at it as a life season learned
14:52 _My_ _system_ for distinguishing the good from the bad.....
Poor choice of words.
😆
This man is the hero we don' t deserve, but the hero we need in times like this.
“If it sounds too good to be true, it probably is”
@@jacquelinel1618 I wish you good luck and never having to fall for one of those scams, fellow human being
not "probably", it's "definitely" in my opinion
@@lizily3317 that’s what I think too. It was a quote though
A quote I always use to drag myself back to reality
@@dama301 haha it’s a great reminder
Thanks for exposing these fake gurus. People should be following those who does not sell courses but give great advices.
oh good god, this resonates with me. Covid pandemic and 85% drop in income still supporting a family of 4 (2 young kids) had me go down rabbit hole after rabbit hole. Desperation can blind judgement more than anything. I'm sometime puzzled by the fact I haven't taken my own life over the past 3 years.
The type of thing you expect to see on Netflix. But I'm so glad it's on RUclips instead.
Awe no. Netflix documentaries are scams themselves.
I have recently had the same epiphany! The only way to be rich/successful is discipline and hard work over the course of a long period of time. It’s not easy at all! It’s very hard. The moment you realize that is the moment you’ll succeed and the gurus will make you sick!
Working smart not hard,and yes over a long period of time.working hard alone is not enough you also need to be extremely lucky because you are competing with millions of people(not to mention foreign competition) no matter which business/trade you work in
I did it - took about 5 or 6 years. Got my degree in technical sales - associate degree is medical science. Sold Pharma, then medical devices, then bio tech medical devices. I was a divorced mom with 3 kids. I enjoyed my career, worked very hard. Grateful I did it when I did - it is a lot harder to do in today’s environment - some may be able to do OK with the right connections,
nope, working hard never got anybody rich, its working smart, you can work 60 hours a week until u die n be broke af, make smart moves with your money invest save.
I too was prey for these scams. I actually fell for one that sounded reasonable before I realized that they as usual left off all the more nuanced details. I had all the same issues of thinking I was a failure for working 9-5 but now I've come to a place of peace. Glad you have as well :)
I’ve seen all of your documentaries. They are fantastic. The internet needs more people like you.
They're synonymous with MLM's; at the end of the day _you_ are the product.
Very courageous of you to talk freely about your vulnerabilities and experiences in the "get rich quick" world. I remember back in my 30s, loaded down with car and house payments, looking desperately at those kinds of schemes. I didn't avoid them by being smart, it was by being scared. You are doing a great service with your work.
You missed out bruh
Please tell me you are going to make more videos! Your storytelling is so compelling, and your content is fascinating!
What immediately springs to mind is the trading course boom. As a trader myself, you're only able to truly see through them once you have experience. Unfortunately, where does most of this experience come from? Initially believing their inflated promises and paying for their terrible courses which are essentially plagiarized. You eventually think you're in a scam industry until you pull away from the hype and go do the work yourself. Don't let the Lamborghinis fool you, anything can be rented these days.
When I was 19 I almost got roped into one of these scams I’m 31 now and I’m frankly surprised I was smart enough at that time not to fall for it today it wouldn’t happen
I can relate, it happened to me too! I was so desperate for more money I was willing to do almost everything. James did such a good job with this video in exposing the truth, he gives me so much inspiration with my channel in doing the same thing!
same here. I almost joined Amway lol
Same here. I was 16 when it first happened to me. I was looking for a part time job and then I got roped into it. From what should have been a short meeting about the job they are offering, it became a sales pitch for an MLM company.
It's honestly very scary that even though you are aware of those kinds of scams, when people present such schemes in front of you as an "opportunity for financial freedom" and you happen to be in a position where you are in dire financial need, it still gets you.
I really wanted to go to one of those weekend boot camp to become rich. It costs $3000. I didn't go because I didn't want to put out that money. Now, I realized they all are scams.
Glad you got out, I was roped in to MLM's for 4 years, lost 16k, and had such little self confidence when I got out I felt like a different person. It's terrible and I wouldn't wish it on anyone
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You expressed it very well, and in fact, you traced this problem back to its historical roots. This is exactly what is happening in today's world, with the potential of the internet and social media. We see this pattern being reproduced on a large scale and reaching an increasing number of people. Getting rich quickly only enriches the seller, not the buyer.
I started work as an intern with one of the current "Big 3" firms of Public Accountants. I was fortunate that one of the audits assignment that I did was a pharmaceutical manufacturing company. I learned and understand the supply chain and costing in producing various items including essential vitamins. One day, a friend insisted that I accepted his invitation to attend a conference organized by a multinational MLM. One of their products sold was various essential vitamins. That MLM touted that their products and pricing are to help people to have healthier and better quality life. I did a quick mental calculation and noted that their essential vitamins were sold at almost 10x to 15x the price to produce those. I have stayed away from any MLM since.
This man must be protected at all costs!
Not even gonna lie, I’d consider myself a pretty self aware guy but recently I was down bad for a while and almost got roped into a pyramid get rich quick scheme (Amway). But luckily I was able to get out of it without losing anything but time.
Always is practically a cult and they are getting more crafty with their scam and manipulation
@@sanaruarts5527 they even lie about the name of the business. Shame on them.
You'll know the saying if it looks and sounds to good to be true then it is, well IMV if these con artists are so good a making money, then why are they telling mugs how to make money, when any legitimate rich person would keep their secret to themselves to not have competition. 😉
They always try to sneak into you, so dont worry
Is amway actually a pyramid scheme? Was genuinely curious, aren’t they direct sales?
I read the books and listened to the gurus. Ultimately, I learned some things of value. Now I can proudly say that I’ve made it. Not because of the gurus but because of myself. Sometimes you have to listen to yourself and what you think will work. I worked as a salesperson in a car dealer for years and felt unfulfilled. I worked many hours and one day I decided to start my business. I worked long hours AND worked my business. Eventually the business income took over and I left. Now I’m 35 and do the things I love (with cars) and practically retired. Don’t be content with what you have. We all have the ability to achieve greatness. By the way, I didn’t go to college and I grew up poor.
You're a liar and a fake guru.
Wow
Impressive
I just discovered your channel. An enormous THANK YOU for the message and the hard dedication you put into your videos. I'm speechless, this is going to help me a lot. I encourage you to make more videos about those tabou's theme's.
Best regards 🍀
The more I learn about these pyramid schemes the more my friend's situation keeps geting to the forefront of my mind. She works for a leggit grocery delivery co mpany but for very low wages, no overtimes and has chosen that job over a highly paid one. She works 7 days a week 13h shifts. That company has promised her the world as in fast progress. All she talks about is work. They recently sent her on a 5 day training course where affiliates from the usa (friend is based in the uk) were giving them motivational speeches. I know this isnt a pyramid scheme but it isnt far from it. It' mental to see your friend change overnight after a couple of job interviews ..
I'm confused.. what is the promise they're making her?
This seems more like an average low paying job try take advantage.
You are neither here nor there
@@CrustyUgg apparently promotions and shares of the company. my instincts were correct as now she is exhausted from working 7 days a week and getting nowhere, they even made her edit her linkedin profile from shop manager (which she basically is) into site leader... good luck trying to move on to a better paid job with that on your cv.
This VEMMA story is just like Herbal Life Nutrition here in South Africa.
excatly not only in south afri but in all the world
Herbalife
Nutralite
Amway
Modicare
...
and unfortunately people here are very desperate and fall for that kak, on Insta I see the "forex traders" flexing "their" stuff and then selling their courses but our people cannot see through it, it's sad to see
Herba life is a worldwide virus .
It really amazes me Aviwe that here in SA we have so many pyramid schemes and there is virtually no government oversight unlike other countries. Amway is another cult-like scheme here in SA to beware of. I see so many poor, desperate people in our land falling for these schemes. I don't blame them as we live in tough times. I blame these snake oil salesman.
I like that you call us your friends not fans❤❤😭been on your channel for about a week. I. Blown away by the variety of topics....my first video one was the the prosperity gospel or tele evangelists. Keep up the good work. You're a finder and seeker of truth. God bless
glad you got out of it and your doing your part to help people recognize these things because scams are dangerous in many ways
My problem is people still fall victim again and again and again. I thank God I escaped them. They didn't see my dime.
The most success you’ll get will tend to take the longest time to achieve. But once you do achieve it, it’ll last a lot longer than if you’ve gotten it quickly.
That’s an awesome truth
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Like earl nightingale said “ it take longer to build a sky scraper than a chicken coop”
Stfu bot
The market is getting really interesting lately, and how do I go about this? since I heard it comes with loses Just like what is happening now with me, although am optimistic about its next step. I'm sick of all this Advises from RUclipsrs
Other crypto might not survive the long run but Bitcoin is here to stay. with great power comes great volatility. Buy, Hodl & invst that's how to make it out alive. uh uh uh
The Crypto Mrket pumps! Bitcoin $20k. Xrp $153, Ether $2755 Vechain.... "Every good coin will pump but not on the same day. Don't overcomplicate things in the bull market. buy the dips. Hodl and invst wisely if youre a newbie get information from youtubers or employ a Mrket/ Risk expertise.
There was a time i was worried that Bitcoin may not last. That was 8 years ago. i had only read the white papers. I'm glad to have bitcoin birth in my Era. what amazing good fortune this is!!
@@lillyvazgueztk1410 My uncle ignored my Advise to buy , Hodl and invst $btc at 5k. My uncle ignored my Advise to buy, .Hodl and invst $bnb at $30. Now my uncle independently bought $Doge as his first crypto purchase at 40 cents. Some people cant be saved
YES. I've been using the blueprint of for a while now. I circumvented downtrend and always procured 300k monthly as a newbie using his scheme.
There’ve been over 6000 comments before this one and I statistically doubt I am the first person to say this, yet I must say it again - this was an absolutely brilliant presentation of how anyone can fall down this rabbit hole. I have too. Thank you, so much, truly and deeply for your analysis of this
That line : " I began to hate the idea of a nine to five it was like admitting failure in life "
It depends on what you do for a 9 to 5.
One interesting aspect to this is the adverts YT has chosen to play on the video, they're all get rich quick scams. Scamming the scammers haha. Glad you escaped that world, I almost got sucked in too.
i got that virgin dude
@@dikasochirin4116 i got that virgin dude
@@LuckyTTinio-jc6ge i got that virgin dude
I got mishasformulanow lol. Suckers.
I got amazon drop shipping guy (3:09)
I’m glad I’ve found your channel! You’re a great blogger. Thank you for your valuable content.
We need more journalists like you man... you are the truth that people need to hear and subscribe to.
the fact that i got to see ads of these lifestyle gurus promising a rich dream RIGHT in your video shows JUST HOW broken RUclips's algorithm is, but even worse??? The GREED of an average person who wants to get rich. Keep up the great work mate. You have done an amazing job!
This is easily the best chanel on youtube.
Can't wait for your next documentary.
I remember decades ago a friend of mine used to fall for this stuff. He found a "make money" ad in some publication. You know the kind, "send $10 for free money kit". He did it. What he got in the mail was a "kit" that consisted of a instructions on placing an ad in a publication that says ".... send $10 for free money kit", and a pack of instructions to send out. Fortunately he had a great sense of humor. 😂
In a world where conspiracy theories are taken as facts and fake gurus are praised, your channel is giving a healthy critical perspective to things. You've got a new subscriber here!!
Many conspiracy theories have been proven true. Some are BS but many are proven true. So don’t be so general in your dismissiveness. To say all conspiracy theories are false is as ignorant as saying they are all true.
Takes a lot of courage to come forward and admit you've been scammed. Thank you for yet another awesome video James! No more skipping ads for your channel ;)
Thank you for your hard work and for helping as many people as possible to be aware!!!
we just started our channel...its ridiculuos now, but trying to learn. you are an inspiration!
I'll have to be frank, being broke actually kept me from paying for these get rich courses 😂😂😂blessing in disguise.
But now I'm over that phase🙏❤️
good job :)
Yh it's ironic how these gurus r sell a ridiculously expensive course when the audience of their video is broke
me too Alhamdulillah
Amazingly (but unsurprisingly) RUclips interrupted the video with an advertisement for another one of those get rich quick schemes lol
well spotted. I was like wait a minute, he just talked this .......................
Yes and i am spelled that youtube is allowing such garbage ads
Thank you for another brilliant documentary. When people are in need, they often fall into these schemes.
Your videos are very awesome you help a lot of people I don't know how I miss this video but I'm watching it now I've saw all the other ones and they're great a lot of information that needs to be put out there and very informative and intellectual so keep up the great work and you will make it
I remember you were joking about having NordVPN as a sponsor in one of your earlier videos, and now here you are. I don't know you personally, but I'm really proud of you !
Good job James. You genuinely are doing a service to humanity. In the end, that is what truly matters.
Am from Zambia,goodness me JJ you are so well informed & dedicated to informing the society the truth .
Damn another James Jani video, lemme grab popcorns real quick
Once you start watching JAMES JANI there's no going back. One of the craziest content on internet. I'll not say with the help of your videos the fake gurus would be vanished but we people will be fully aware of the fact that most of these gurus are fake.
Thank you for telling the truth, millions of people have fallen victims of these scams
Oh wow. Such an honest approach .. I admire you in so many ways for your intelligence candour and talent.
“hand to head.. salute.. to many days as yet to come…….” This phrase always gives me the chills.. Now the wait begins till a new video! 😢