Tuesday, April 7, 2009

what is pyramid scheme?

i remember that the word "efficient" had been defined or taught by lecturers in my beta year...people emphasis on "efficient" nowadays>>done without spending too much time,money or resources.that's why we may find out that there are many different tactics been employed from business people to make money since last century.

there is one of the tactics called Pyramid Scheme"", a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, often without any product or service being delivered.you will earn the commission from recruit new members,at the same time,your upline will earn more commission than you from the new member you recruit.it is because the upline will charge more percentage of commission than you.the pyramid will become bigger and bigger if the members are well training to persuade people.people who are wishing to earn "quick money" or getting rich without hard work, is easy to drop into the trap.

however, i am wondering that will those upline members feel happy with their easy or quick money since they are implement some tactics to cheat people...and themselves,maybe.by introduce this pyramid scheme, i hope that i can help you all to avoid from it.

p/s: next post:"how to regconize pyramid scheme?"

1 comment:

  1. wah....pyramid scheme...i dun like those scheme...cheat people money and it's so unhealthy...and even Dr.M says it contributed to the fall of world economy..lol