My born again Christian friend is convinced (and tries to convince me) that he will be able to retire in 2 years (when he is 30) just off of Quixtar. Seems like a pyramid scheme to me though.
2006-09-12 09:26:33 · 6 answers · asked by jfahd 4 in Business & Finance ➔ Personal Finance
Quixtar is not a pyramid scheme. Quixtar is part of Alticor, the 25th largest private company in the US, and the 108th largest retailing company in the world. It is the online incarnation of the Amway direct selling/multi-level marketing operation, which no longer operates in North America. In pyramid schemes you earn income by recruiting other people. In Quixtar you only earn income by people purchasing products and you earning a percentage on this sales volume. Recruiting other people to buy/sell the products is a marketing strategy to increase sales volume, but nothing is earned from the recruiting itself.
It is quite possible to "retire" in two years using the Quixtar opportunity, this has been done by a number of people. It is however very rare. Like any business, it requires a lot of hard work to succeed in building a Quixtar business. Since most people build it part-time on top of their existing jobs this can be very difficult and the temptation to "quit" is high, indeed, around 70% of people who register to start a Quixtar business each year do not renew the following year. Interestingly, over 95% of people who renew twice continue to renew every year. The statistics indicate that people who stick with it and work consistently for a number of years do succeed and are rewarded handsomely for their efforts. You can see the published incomes of people achieving various levels at http://www.thisbiznow.com/quixtar/ibo_statistics.html.
As for the "christian" part, I recommend reading http://www.quixtarfacts.com/us-en/Culture/religion.html. It's the nature of a networking business that groups will reflect their leaders. If you are an evangelical christian, you will tend to share the opportunity with your friends who are also evangelical christians and so on and so on. Thus, if you become involved with that organization it will seem very evangelical in nature. Other groups will reflect differently. I've been involved in the Amway/Quixtar business for 8 years and I'm an atheist.
2006-09-13 10:50:39 · answer #1 · answered by David Steadson 3 · 1⤊ 1⤋
Quixtar is most definitely a pyramid scheme and is also pretty much a cult type establishment. They target churches and those seriously "devout" by making them believe this is a truly christian organization and those who wish not to deal with non-christian companies and according to them, no company other than Quixtar can really pass the "christian" test. Quixtar is connected with Amway and 99% of the population knows Amway isn't worth the time or money involved. You can find out more about the Quixtar scam by doing on-line research. Might take a little time to root the "truth" out but Quixtar has been debunked numerous times.
I think you could maybe (doubtful) make money with Quixtar if you "don't" have real christian values and are willing to bilk and con your friends and family and others to join in on your pyramid scheme. Quixtar is a classic example, course 101 for a pyramid scheme. It's fascinating on some levels because of the glassy eyed people who hawk the products.
Don't be a victim!!
2006-09-12 11:13:27 · answer #2 · answered by briardan 4 · 2⤊ 2⤋
My husband and I joined Quixtar two years ago (his idea, not mine), we paid our $45 in membership fees, and never progressed from there. We were too busy to sell. And I agree, it does sound like the pyramid scheme. It also may be how much time you put into it. "Retire in 2 years" is a little bragging. Remember, what sounds too good be true - IS.
2006-09-12 09:30:23 · answer #3 · answered by Kiki Joy 4 · 2⤊ 1⤋
The telltale sign of a pyramid scheme is this:
Do you spend more time recruiting others or actually selling products?
This is more of a shoppers club, where you recruit others to buy items for their home so that you can skim off the top.
If he is that convinced, ask him to pay all of your costs for joining!
2006-09-12 10:45:36 · answer #4 · answered by Anonymous · 0⤊ 1⤋
No, its not a pyramid scheme, anyone in your downline can make more money than you.
Yes, you can make serious money. There are several different organizations that use quixtar as a supplier, depending on the one your looking at, depends on how successful you'll be.
Some organizations employ shady tactics and won't help you one bit, others are just awesome.
Winters Marketing is the largest organization, I encourage you to check them out.
If you want more info, feel free to email me!! ryanmilliron@yahoo.com
2006-09-12 10:05:40 · answer #5 · answered by ryanmilliron 2 · 0⤊ 3⤋
it's a pyramid scheme but i do know of someone who lives quite well off quixtar.
2006-09-12 10:03:22 · answer #6 · answered by bella_4624_19 4 · 1⤊ 1⤋