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Respected Contributor
Posts: 3,539
Registered: ‎03-15-2010

I want to start a campaign "Just say 'No' to pyramid schemes!"

 

These MLM companies are terrible companies with awful morels. I can not will not buy any product that is sold this way.

The companies take advantage of people to sell over-priced merchandise and lures of 'golden rewards' to get them to sign-up friends to be consultants.

 

Several of the woman I work with are always begging people to join under them (pay) to be consultants or they will lose their status.  Or that they have basements and/or garages filled with product they bought to keep their status and now they can not sell.......

It is so sad.  

For the life of me I do not know how these companies continue to exist.

 

Okay, my rant is over.

Honored Contributor
Posts: 15,002
Registered: ‎03-15-2014

I'm with you.  I just said no to a friend who was selling electricity for Stream Energy / Ignite.  It wasn't a good deal then and it still isn't.  Why should I overpay for electricity, of all things.  He enjoys the Ignite meetings and camaraderie, though it sounds like a lot of cheerleading along the lines of Mary Kay.  Oh well, at least I gave him a chance to practice his sales pitch.

Honored Contributor
Posts: 8,107
Registered: ‎03-17-2010

These are often very dicey to tell the difference between a multi-level marketing strategy or an illegal pryamid scheme.... which according to Wiki is defined as:  "A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products or services."

 

Even legally, it's difficult (not impossible)  to proscecute ....  

 

I agree with you, I will not participate nor will I buy from those who have invested and I tend to run in the opposite direction from these people (who quickly become annoying).....  

*~"Never eat more than you can lift......" Miss Piggy~*