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Why is there so many multi-level marketing gimmicks out there? Archived From: Finance

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bigdinkel said:Usually these people would ask me on Myspace, Facebook or at a bar about "changing my life."These are places to socialize, so they were not there by accident. Multi-level marketers have common sense too.


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Freno911 said:TempName09 said:bigdinkel said:Seems like popular ones are about legal services and nutritional products like antioxidants or energy drinks. Anybody else listen to these gimmicks?
These gimmicks are promoted on FW and pitched by a charter member here.
Look at the faq:
General Legal


I'm confused - why are you talking about prepaid legal in the same sentence as MLM products? Do you get to buy your own legal franchise and try to sell to others?

I always saw prepaid legal as more of an insurance against small legal issues.
MLM, as the name suggests, is a marketing strategy. It does not matter what product or service they sell. Prepaid legal happens to use MLM as it's marketing vehicle. So there.


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TempName09 said:bigdinkel said:Seems like popular ones are about legal services and nutritional products like antioxidants or energy drinks. Anybody else listen to these gimmicks?
These gimmicks are promoted on FW and pitched by a charter member here.
Look at the faq:
General Legal

I am even MORE confused.

SiS (op of thread in question) was not PITCHING PPL. He OFFERED that option as one of 3 or 4, to people that needed cheap or FREE legal advice. There was NO referral link in what he posted, so he made no money from it.

Next.... it is an ARCHIVED thread, started in 2002, last posted to in 2006. Not much action going on there...

Lastly... this is a FORUM, where people DISCUSS stuff. MOST comments are welcome, as long as they are honest and add to the discussion. SiS (in the thread you point to) was creating a discussion. YOU, (in this thread), have added SLANTED (wrong) info to the discussion...

If you want to start trouble, or stalk CHARTER members, I suggest you do more research!


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bigdinkel said:Are people really that naive?

In short yes. People fall for multi level marketing scams all the time, because the sales presentations appeal to greed and laziness. People think they can make lots of money and not have to put in much effort, that's why multi level marketing pitches talk so much about "downlines" and what you could do if you made 100k/month while working on your tan at the beach. While avoiding even hinting at the idea that there might be some work involved in actually making money.


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Start at 4 minutes at 15 seconds for the reason:

http://video.google.com/videoplay?docid=8928413583604160765&ei=HIRNSuOtOKjkrAL__MCaBQ&q=joe+rogan&hl=en

"Anyone dumb enough to believe in big d*(|< pills be some weird secret on the back of hustler mag..."

As Rogan says. "Just use your logic."


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umcsom said:Crazytree said:because they're too stupid and lazy to go make business in an honest way.

says the lawyer....
I have some character flaws, but stupid and lazy are not among them.


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greed


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I was lucky, i am very LAZY but not quite STUPID enough..................A


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One of my students at college was talking with his friends telling them all about this MLM he was getting into. I asked "and did the person pitching it to you show your a photocopy of a big check he got, but say he really wasn't supposed to show it to you?" He said "yes, how did you know that?" I said because all pyramid schemes are presented the same way, just the product changes every few months. I then explained the whole MLM sham to them. I hope he listened.


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MLM used to be called the Pyramid Scheme. But the latter term is not too PC anymore. Now they don't even come out and admit it is a MLM. All they say is this is a business opportunity.

Why so many? Besides all the reasons already stated by others...perhaps the poor economy is another reason in driving people to try anything?

Why the Nigerian Scam is still around? Why people still think a prince or whoever in Africa is willing to share his wealth with you if you would please remit a few thousand dollars to him first?


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Another good reason to avoid bars....between women expecting me to buy them drinks and a loser talking about how he's going to make 10k a month doing nothing, I'd rather sit at home.


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nycll said:
Simply put, you work X years while paying Y% of your income into social security while enjoying a pension during the final Z years of your life span. If you keep the ratio X/Z constant, you don't have to raise Y. Right now we keep X constant (retirement age=65), and Z is increasing, then Y will need to rise a lot.

Actually this is not correct. When I get my social security statement 3 months before my birthday each year it clearly shows (based on my date of birth) that I have to be 67 to draw social security & not 65 so they are changing the retirement age.


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These schemes are proliferating due to continuing layoffs/explosion of unemployment. People with no jobs look for something to cling to and these guys pitching their "get rich in just 6 months" scams are just the ticket they want to buy in on.


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Freno911 said:TempName09 said:bigdinkel said:Seems like popular ones are about legal services and nutritional products like antioxidants or energy drinks. Anybody else listen to these gimmicks?
These gimmicks are promoted on FW and pitched by a charter member here.
Look at the faq:
General Legal


I'm confused - why are you talking about prepaid legal in the same sentence as MLM products?

Because that member gave TempName09 red for a thread that deserved it, and now TempName09 is upset.


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The answer to your question is that there are lots and lots of stupid people. As technology advances and life becomes more complicated, most of these folks are like drowning rats frantically gripping for anything that floats. These gimmicks are some of that floating material.

On a similar note, your question should be "Why ARE there so many multi-level marketing gimmicks out there?". Obvious bad grammar makes baby jesus cry.


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staci86 said:nycll said:Social security's purpose is to provide a pension for people too old to work. It only needs a small fix which is indexing the retirement age to life expectancy.

Actually, its purpose was to prevent persons of very advanced age from staving or freezing in the streets. It came about during the depression, when those too old to work did not have the resources or family to care for them.

It began as a form of social insurance, to protect those who could no longer work from falling into poverty and homelessness.

It was never designed as a pension scheme, and only became one after several generations of Americans thought the government would take care of them in old age, and failed to save appropriately as a result.
But nevertheless it is a IOU that is owed... I save or not is my problem. What the govt has to pay what it implicitly or explicitly promises is the govt's problem.


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kamalktk said:
Because that member gave TempName09 red for a thread that deserved it, and now TempName09 is upset.


Technologist said:TempName09 said:bigdinkel said:Seems like popular ones are about legal services and nutritional products like antioxidants or energy drinks. Anybody else listen to these gimmicks?
These gimmicks are promoted on FW and pitched by a charter member here.
Look at the faq:
General Legal


I am even MORE confused.

SiS (op of thread in question) was not PITCHING PPL. He OFFERED that option as one of 3 or 4, to people that needed cheap or FREE legal advice. There was NO referral link in what he posted, so he made no money from it.

Thanks for setting the record Straight kamalktk and Techy. My how I seem to attract internet stalkers...

Lets provide greater detail, first about TempName09 and then more generally about prepaid legal services and the Legal FAQ linked above, so that anyone reading this gets the whole story:

1. Tempname posted a thread about ignoring a HOA and maintenance problem concerning a lot he owns in a distant state. He was being sent to collections and was being bullied by the HOA president who wanted to buy his neighboring lot at a discounted price.

2. I suggested he consult a competent attorney local to the property, who could research the relevant facts and law, and also communicate with the HOA president, to show he was taking the matter seriously and would not be bullied around.

3. Tempname then stated how much he destests attorneys and how he would never pay for their services, much like he never paid for 7 years of maintenance on his property.

4. In response to his aversion to spending $$, I told him if was too cheap to seek legal assistance through normal channels, he could get a simple letter prepared via prepaid legal services for about $20.

5. He then proceeded to delete/ rename the thread into something about AMEX, to confuse the FW search feature. He then began stalking me.


Now, as to prepaid legal services and the General Legal FAQ:
1. As can be clearly seen in the "General Legal FAQ" thread many years ago, there are numerous preferred ways to find a good attorney. Personal recommendation is best.

2. Still , understanding that many FW'ers do not have a good friend or legal contact, or are simply too cheap to spend money, the thread discussed a variety of legal plans which fulfill the goal of low cost legal assistance for small consumer legal issues. Prepaid legal plans are the cheapest alternative I am aware of where someone can get phone calls made on your behalf/a letter prepared by an attorney.

3. Most legal plans are NOT MLMs. Many are actually provided by employers as an employee benefit. There are only a few open to the public, such as AMEX's plan and PPL. Legal clubs get a bad rap and are lumped in with MLM because the main company in this industry (called "PrePaidLegal" or PPL) does indeed operate as a MLM. The people pushing PPL as a MLM either mislead by telling people they can either make $$ selling it, or that they should buy it bc it will cover all legal matters. In reality, ALL legal clubs have very specific and limited included benefits, and their best use is for SMALL consumer issues where a simple letter or phone call is the full extent of what is needed.

4. I have never endorsed the PPL company as a way to make money in MLM, here or anywhere online or offline. I am not a member of the PPL company, nor have I ever sold PPL to anyone.

Just setting the record straight.


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I don't think most people realize the difficulty in building a downline in any MLM.

What taught me of the difficulty was AllAdvantage back in 2000. They paid you to surf while using their ad bar, and you were also paid for the surfing of your downline. It seemed like you could have a giant downline in no time. I don't think I signed up more than a few people, and they didn't surf much.

At least it was free to join, and they did pay out for about a year before they went bankrupt. In the end it was a good lesson in MLM.


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ilikebtmoney said:Blah.. MLM's, I know too many people who try to "get back in touch" and have me "do a coming home party" for them and invite over all the old pals only to find out "they're in business for themself just like me in an Internet business!" and want to use this "party" to pitch their crap. So far, three times this year..

I got a request to be added on Facebook to guy I know a litte, but not too well. After I added him, I see a lot of "updates" about how great Advocare is and how anyone can contact him to get involved. These people have a disease...which is probably why they need Advocare


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ken76 said:I don't think most people realize the difficulty in building a downline in any MLM.

What taught me of the difficulty was AllAdvantage back in 2000. They paid you to surf while using their ad bar, and you were also paid for the surfing of your downline. It seemed like you could have a giant downline in no time. I don't think I signed up more than a few people, and they didn't surf much.

At least it was free to join, and they did pay out for about a year before they went bankrupt. In the end it was a good lesson in MLM.

We did this in my dorm at college and got the entire floor to sign up. We were all getting checks between $5 (new guys) and $45 ("uplines") by using oscillating fans to move computer mice all night until we found an app called "Fakesurf." Those were the days...


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