Saturday, September 13, 2008

Some Signs Of Pyramid Schemes

By Gibson Maseko


Many unsuspecting people have fallen into the pyramid scheme trap and have lost money instead of making them. Not all companies or job sites have legitimate offers - this has become a hot topic as more people have become frustrated after finding out you have to pay so much money to work online.

While the advertisements that arrive in the inbox may be fast the money promised usually never materializes. However you must not discount totally the existence of legitimate companies offering work at home jobs backed by real substantial rewards for work completed.

On the surface it looks rather stupid to reject a free offer to join a pyramid scheme that promises riches so simple to achieve. It is in fact a nightmare because you have to sign up and then 'upgrade to a status member' by buying the product in question, whether you want it or not. After that, you are told you can make money from those under you, but only if they in turn buy the product as well - now the pyramid scheme is taking place.

Therefore, to make twenty dollars, you may have to spend sixty dollars and then there is no guarantee that someone under you is going to buy the product. For those who join to earn a second income from the pyramid scheme, they can fall back onto their main income job but for those who depend totally on this income (having discarded their old job), the decision making presents a big ordeal of the river of no return. That is not to say that all internet based opportunities are bad because the likes of affiliate programs are also quite popular and done properly will bring in a good income. Besides you will also know how to identify which companies are offering false schemes no matter what disguises they are using. Enter forums too to examine the reputation of different companies before you get involved working for them.

The recent proliferation of various pyramid schemes and money making ideas had been responsible in creating problems to many people. The structure of this type of scheme does allow early birds to make money but as more people participate, those at the base of the pyramid will be forced to carry the financial burden. The question and answer are simple: who has money to buy sixty dollars worth of product that you will never use to make a few dollars?

People are tricked into joining these schemes by the company omitting the fact that they will have to buy the products in order to earn something. After you sign up, they continue to send you emails, telling you that someone else has joined under you, 'upgrade now' to start generating an income. Well, in order to upgrade, you are going to have to buy that product and take a chance that someone else will feel the same way but in many cases, you are going to find out that you were the only one to do it.

After waiting to make money, you will give up and be out the for a product you never used. If people know that only the original product owners are reaping the benefits of every pyramid scheme, then it would be easier to find real work at home jobs on the internet. The need to investigate before signing up for any internet work at home jobs can be safely discounted, in the absence of pyramid scams.

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