2007-10-04 18:59:12 · 5 answers · asked by missy 1 in Business & Finance ➔ Investing
Do you homework my friend. You can use Yahoo finance to search for some clue. Hover, I recommendation is don't depend on fundamental only.
2007-10-04 20:44:39 · answer #1 · answered by SpookyFox 5 · 0⤊ 1⤋
Quixtar is Amway. Amway still makes the core products (soap, detergent, etc.) but the distribution arm's name was changed to Quixtar 7 or 8 years ago. I read somewhere that the name was changing back to Amway soon due to misrepresentations made by many distributors.
Is it a legit business opportunity? Yes.
Will you make any money at it? No. Probably not.
The "dirtly little secrets" with Quixtar are the training materials and seminars that you would be expected to buy and attend. Officially, these are optional....but highly recommended. The truth is that the people at the top of the pyramid make a vast majority (75%-90%) of their money from the training materials and training seminars. Many distributors spend thousands of dollars on these materials and seminars and never come close to turning a profit with Quixtar.
Plus...there is one added "bonus". If you join Quixtar, all of your friends and family will avoid you like the plague.
2007-10-05 03:12:58 · answer #2 · answered by Wayne Z 7 · 0⤊ 0⤋
Wow, is there a lot of BS in these answers. Quixtar isn't a pyramid scheme, not even close. A standard corporation is more of a pyramid scheme. You might want to visit some of the sites listed below.
To "buy in or not" is up to you. There's little to risk as Quixtar membership and all of their products have a 6 month satisfaction guarantee, and Quixtar requires companies that offer training/support to Quixtar business owners to offer the same guarantee.
So give it a try for 5 or 6 months, if you don't like it, get your money back.
2007-10-06 14:05:42 · answer #3 · answered by David Steadson 3 · 0⤊ 1⤋
Even if Quixtar isn't a scam, it is unethical. Basically, you join and try to dupe your friends into joining and ONLY buying the products that they you that you can buy. Then, they have to do the same until people run out of people that will join.
According to the research I've done and what I make of the company (I've been approached to join as well), the company is not a "pyramid scheme" by law, but only by law. By nature, it IS a pyramid scheme.
2007-10-05 13:17:02 · answer #4 · answered by Anonymous · 0⤊ 0⤋
I am very suspicious of the company. See the link.
2007-10-05 01:48:18 · answer #5 · answered by Anonymous · 0⤊ 0⤋