All Topics / The Treasure Chest / need advice on slightly unrelated ventures!

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  • Profile photo of junior2junior2
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    @junior2
    Join Date: 2003
    Post Count: 50

    Has anyone seen or tried the business models on the work from, home type websites? ive been looking up one site that claims massive profit, minimum effort, a great business plan, but not once does it tell me what the product is. Has anyone had any experiences with these “businesses”. Im pretty sceptical.

    taa jared

    Profile photo of HaroldHarold
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    @harold
    Join Date: 2003
    Post Count: 80

    Hey Junior

    I’m afraid what you are looking at is the fastest growing American industry, the internet pyramid scheme. Some americans actually think that pyramid scemes in all their types are real work

    Stay clear, they don’t tell you what the work is because that is the work. Telling people about money making schemes and getting them to buy that business to do the same thing

    Profile photo of Pebbles_2Pebbles_2
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    @pebbles_2
    Join Date: 2003
    Post Count: 37

    quote:


    Has anyone seen or tried the business models on the work from, home type websites? ive been looking up one site that claims massive profit, minimum effort, a great business plan, but not once does it tell me what the product is. Has anyone had any experiences with these “businesses”. Im pretty sceptical.

    taa jared


    Profile photo of Mortgage HunterMortgage Hunter
    Participant
    @mortgage-hunter
    Join Date: 2003
    Post Count: 3,781

    They will be multi level marketing or even pyramid selling. You will be required to enlist three or more folks under you and then help them do the same to build an expanding baseline.

    To then build the cash to pay everyone you will each need to either invest a sum of money or buy products on a monthly basis.

    It isn’t an easy path to wealth. They will make it sound easy to find three people then all they have to do is find three etc etc but the reality is that most people fail and make little or no money.

    But if you do suceed then you it will be because you are a great salesman and able to motivate people to do things they don’t feel like doing!

    Can be a great learning ground.

    Good luck

    Simon Macks
    Mortgage Hunter
    [email protected]
    0425 228 985

    Profile photo of Pebbles_2Pebbles_2
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    @pebbles_2
    Join Date: 2003
    Post Count: 37

    Yes, I have looked into one and after about 1 hour of reading I found out it was Herbal Life.
    Only the people that set these pyramid selling companies up make any money. It’s just the same as how Amway operates. Pyramid Selling. Lots of people try it and the majority end up spending a lot of money on the products themselves. My advice is to stay clear!

    Profile photo of junior2junior2
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    @junior2
    Join Date: 2003
    Post Count: 50

    Thanks guys,

    the first one i was looking at…workfrombed, looked like a big typical yankee look at me scam, slick promo lots of expensive cars with a couple of enhanced models thrown in. The otherone i checked out actually had product, herbal supplements, skin care and other related products. Still not sure how it works, ut this seemed a bit more fair dinkum than the other one. Still refusig to hand over the folding green stuff though! Bloody rip off merchant$ !!!![:)]

    Profile photo of dr housedr house
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    @dr-house
    Join Date: 2001
    Post Count: 281

    We discussed this already extensively,on this site.I looked at a product called Usana in the past. Also, check out ASIC site for their definition of pyramid scheme, to me it is not much different to network marketing, although marketers strenously deny that their scheme is a pyramid scheme.
    you can be assured that anything coming from america is making the original “inventor” of the scheme filthy rich but it is very unlikely to be yourself.
    As a consumer I also have an issue in supporting this sort of prpoduct at essentially hugely inflated prices, because I know my payment will continue to keep the top end filthy rich.
    There are much more honset products and strategies around.

    Profile photo of TeyluTeylu
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    @teylu
    Join Date: 2003
    Post Count: 68

    Hey All,

    I actually had a meeting with a guy promoting those kinds of scheme’s. It was selling Magnet Therapy products.

    The plan sounds fine and the intitial outley wwasn’t much maybe a couple of hundred. But as Mortgage Hunter touched on. I believe you can make money, but do you really feel comfortable makingg money off friends or biz partners.

    It is very grey all these concepts. As with most of them they all promise the world but with very little substance or backing to prove their claims.

    Cheers
    Teylu

    PS. I still remember the guy showing me the benefits of the Magnet inner soles in the Shopping Centre. Damn it must have looked funny to people walking by.

    “Has anything you’ve done, made your life Better?”
    (American History X)

    Profile photo of dr housedr house
    Participant
    @dr-house
    Join Date: 2001
    Post Count: 281

    Thats right, ususally very little outlay by yourself.
    the product, if there is one, tends to be quite nebulous and promises huge things with really no evidence or scientific support.

    Profile photo of Brett2Brett2
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    @brett2
    Join Date: 2003
    Post Count: 29

    I was involved in a network market company for a while i realy liked the product but the people kept pushing me to sell it and buy more in the end i just got out of it. Piramid schemes tend not to have any products to sell where network marketing is just selling a product or in my instance it is all about selling the business not the product.
    brett

    Profile photo of junior2junior2
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    @junior2
    Join Date: 2003
    Post Count: 50

    Thanks all for your help.

    im staying well away from this…

    I may have a job as an app. chef at the rich river golf club, so seeing as i love cookin ( and eating the product!) with luck i’ll have a job that i enjoy! ( until i no longer have to work !)

    thanks again…

    Jared

    Profile photo of brianhcbrianhc
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    @brianhc
    Join Date: 2003
    Post Count: 62

    I’m always amazed at the reaction by Aussies and Kiwis to Network Marketing. Network Marketing is just another method of product distribution which relies on word-of-mouth referral (ie. person to person) rather than through normal retail distribution.

    Unlike pyramid schemes (which are scams and illegal) many do offer hard working people good income potential (notice I said ‘hard working’ not ‘do nothing – get rich’!).

    The better companies offer consumable products (which means repeat business) of a good quality at a reasonable price. Nutritional products (vitamins) and household cleaners are favourites. They also charge very little to join (free to under $100).

    I am not advocating network marketing to people, but I don’t think it should be ‘demonised’ as it has been in some of the posts above. I generate one income stream from an ethical networking company, whose products I use and get great benefit from, and am happy to recommend to others.

    Incidentally, I use a ‘magnet-therapy’ mattress cover (totally unrelated to above)and have gone from being a sceptic on the benefits of magnet-therapy to a believer. They’re great!

    Cheers[:P]

    Profile photo of junior2junior2
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    @junior2
    Join Date: 2003
    Post Count: 50

    I think what everyone else is trying to say is that the man hours needed to make a livible profit out of amway etc etc etc is far more than ip’s. If you can have an ip that makes you money every minute of the day why would you bother with something like amway where the amount of income is dependant on how much time you can dedicate to it. Not brilliant for families.

    Thanks again to everyone for their help!

    Jared

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