I have been talked to about the pyramid money making programs before and actually seen people make millions from them, but they always want you to invest hundreds of dollars upfront before you even join. Is there anyone out there who is doing really well in one of these programs and didn't have to hand over a huge chunk of cash upfront?
2007-02-06 05:05:14 · 5 answers · asked by threequarterbarrel 1 in Business & Finance ➔ Other - Business & Finance
Wow, I am so happy to hear this question asked because I have always wondered the same thing. I am actually involved in one now and it has been awesome for me so far. The start up is literally nothing. You get a free week to try it out and after that you join by paying $10 a month for web hosting and a domain name. This is great because you are getting a legit product from them at an affordable price. So you're probably wondering how this all works. Well, you first sign up to get your domain name and website with a website builder and up to 4 email accounts. Then you can refer people to the same services. For each person you refer to the services you get $1 per month or 10% of their monthly cost per month. You can choose to have more than one website hosted if you like and it can be one you've already made. Now, you're probably thinking $1 is nothing but wait! It gets better. For each person you refer you get a dollar for each person they refer and so forth down the line. You can earn off five levels of referrals below you. I did some math and if you sign up 10 people and each of them signs up 10 and so forth down through the five levels that is $111,110 a month! It is so easy to sign up people too. I have been doing this a little over a week and I already have 13 people under me. Once they start signing people up you will be looking at a millionaire! The sponsors above me have been doing this much longer and they said their salary doubles each month. So while I may start out small my income will continue to grow and I will not have to work as much at this. As it is I only do this about a half hour per day. Try it out. You owe it to yourself to at least sign up for the free trial to see what it's all about. There are bonuses too like $100 for every 5 people you sign up per week. I've already won two of them so that's not too shabby at all. If you don't like it or think you can't do it once you try you can always cancel within the week and pay nothing. It's so simple though. 85% of everyone who signs up stays either because they are making a killing or they just love the services they are getting. This company has been listed in INC magazine as one of the fastest growing companies in America. Now is the time to get on board before too many people have signed up ahead of you. Here is the link. Click on GDI video online if you want to hear more or you can just sign up. http://freedom.ws/jaboopster
2007-02-06 05:16:59 · answer #1 · answered by Jaboopster 2 · 0⤊ 3⤋
best way to find what you are looking for is to first learn how to tell the real from not..... and by the way ... pyramid schemes are illegal. They are a means of passing 'up' money with no visable product or service.
Use your fav search engine and type in mlmwatchdog. You should find a site for this group. Then look for a report called internet due dilligence. It's free - it's generic and not an affiliate link where somebody makes money by you reading it.... it's pure education for those looking to enter into the online world of making money.
Always remember a couple of things. If the opportunity sounds too good to be true, it probably is. Very few sign up for a program and make thousands overnight...usually only the heavy hitters that 'buy' their way to the top. A lot of the 'sales' pitch you get is just 'cut and paste' that someone who got one person in said to do to get others in.
Some Multi-level marketing (mlm) opps are valid and will make money for you, but building a real business is not as simple as throwing a link out and hoping someone will join.
Please take the time to find and read the report. If you want the exact link, email me from my profile page and I will send it. Technically it is against Yahoo answers policies for anyone to spam their affiliate links and I don't list this one because some people have reported me as spamming even though it is a simple report and not a business opportunity.
If I can help further, do not hesitate to contact me
~good luck
~enlighten, educate and empower
~jennifer
2007-02-06 11:47:36 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Ah, you see, you only make money in these if you are the one who INVENTS the pyramid scam. So make your own scam up, and then hold seminars for $50 a head, and then sell your book for $200 to $500 each and then tell them they can buy into the system at $2500 to $5000 each. Add that up, and you can clear about $100,000 a week if you are popular.
Wonder where those millions came from for those people? This is where, nothing else...
2007-02-06 05:09:59 · answer #3 · answered by MrKnowItAll 6 · 1⤊ 0⤋
Don't listen to people when they say that they don't work. I have neighbors that live quite well off an income from one of these programs. They drive a porsche and have a very nice home. They didn't start the program and it is a legit program that offers an actual service. There are no conferences or books from what I know of. I've spoken with him briefly about it but I am not interrested as I come from a well off family and don't need to work.
2007-02-06 05:30:17 · answer #4 · answered by applebaumbonita 1 · 0⤊ 1⤋
No. The only good time to get in on apyramid scheme is when you get in on the starting point or on the bottom. But it is hard to figure out when that is. Cos thats when the scheme goes upwards and u keep making money as more suckers are signed up and then it eventually collapses when it gets too high.
2007-02-06 05:09:37 · answer #5 · answered by Akbar B 6 · 0⤊ 0⤋