Pyramid Schemes

What exactly is a pyramid? I hear that phrase being thrown around from time to time and I wonder if those people really know what pyramid means. If they did, I think that when they are presented with a legitimate business, they would be able to take a serious look before screaming scam. So, I’m here to help by telling you that when looking for a business, there are several factors to consider. First things first, the definition of a pyramid is a business where only the top person gets paid and the people below the top person does not despite how hard they work at a business. So, you need to do is get a good idea of how the compensation plan works. If you are putting a lot of time and money into a business, you want to know that you are getting financial benefits you deserve in return. Preferably 100% in return—but that’s just me  From my experience some compensation plans can be more confusing than have the ability to help me reach my financial goals so this is one of the major things I consider before getting involved in a business.

The next thing to consider is does the business have a product or service. You may hear sometimes of a business that says that you can get paid a ton of money over night without having a product. The way they say you get paid is by everyone passing money on to the next person and the next and so on and so forth. This is what’s called a gifting program and I can tell you from experience that mathematically they don’t work. What happens is eventually this particular program becomes saturated with people and the money runs out. Unfortunately when this happens the last people that join, do not get paid. It is very important that a business have a product that is useful and beneficial to the members involved.

The third thing to consider what type of system does the business have to help its members promote? I think this is THE most important thing because a business can have a great compensation plan and products but if there is no way to help you promote it, then it becomes a really expensive hobby. When I was involved in MLM, I was spending on average anywhere from $50-$200 a month so I definitely wanted to have a system in place so that when I joined I can be able to draw traffic to my website. As a result, I was able to make money before my next autoship. I also wanted something that is duplicatible so that I and the people that sign up with me can follow what other successful people have done.

I believe that when you are looking for a business, if you consider these criteria before joining, you’ll have a much better chance of getting started in a legitimate opportunity that you can be successful in instead of falling for a pyramid scheme. Its what I use whenever I consider a business and because of it, I am now in a business that allows me to get paid daily, has products that are beneficial to building my business and a system that has helped me to earn on average $100 a day. I wish you the same success. To find out more about my business, you can go to: http://wewillpayyourwayin.com