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zakruti.com » Knowledge, science, education » TED-Ed
How to spot a pyramid scheme - Stacie Bosley

How to spot a pyramid scheme - Stacie Bosley

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Rating: 4.0; Vote: 1
In 2004, a nutrition company offered a life-changing opportunity to earn a full-timeincome for part-time work. There were only two steps to get started: purchase a 500 kit and recruit two more members. By 2013, the company was making 200 million. There was just one problem the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid scheme is and how to spot one. Lesson by Stacie Bosley, directed by Wooden Plane Productions
Date: 2020-08-22

Comments and reviews: 9


Thank you for this almost signed up and started working with AIL the first time we talked I was already paying 100 for the study guide, I will say this you do come out with a state license to sell health and life insurance but outside of that they had me trying to attend 1 webinar a day which was very long watch videos etc and when I had a live webinar the 2nd one was like an hour long and all they talked about was recruiting people they even forced us to give them names as a group activity and how much they would generate in 1 week and it looks like they like people down on their luck when I told them what I do for a living they seemed upset because I do have a career this was just some money on the side to invest for me but I guess i didnt know an MLM was a new generation pyramid scheme
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One time we had a family friend asked us to allow someone to come to our house so that they could get a discount on a vacuum. The lady came to our house and me who was 7 and my brother who was 3 sat for hours and listened to her. The lady presenting to us targeted me who was having an asthma flare up and had to take my inhaler half way through. She told my parents and I that if they bought this vacuum my asthma would be better. Bad hated it
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Red flags: 1 be your own boss without any work
2 You pay us to get paid
3 it's life changing
4 you have a month to get 2 customers AND 2 new promoters
5 luxury car bonus
6 work from anywhere
7 people you haven't heard from in years are suddenly calling

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Lmao working at Party City and getting a strike for not taking enough new emails. 3 strikes, you're fired. I mean, that sorta twists working there as a pyramid scheme, no?
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In the end she said send it to three people and then they will send it to their three! Lol sounds like the same method pyramid scheme company use
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If you need to pay them first for them to hire you. No real company does that, they are making money talking about something and not doing it.
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when a highschool dropout. a janitor out of nowhere is giving the talk about how he became so rich by just joining the group
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