Our social media feeds nowadays is filled with stories of people making money through selling clothes, drinks, soaps and a lot more. These guys are continuously pitching about the high possibility of making thousands of dollars a month and forgetting the usual 9 to 5 working routine.
So maybe you are thinking that you can totally go on board with this new venture. Well, you must slow down my friend and start thinking further more before you shell out a wad of cash.
Here are some of the revealing signs of pyramid schemes which are most for the time targeting stay at home mothers. Read carefully.
Never ending recruitment.
If the income is predominantly based on how many people you recruit to join the program and not how much sales you make, no doubt that it is a pyramid scheme. As a matter of fact, one mastermind of an alleged scheme said that Affiliates should concentrate on recruiting other Affiliates because these customers are the byproduct of the business.
Purchase our products.
Most of the pyramid schemes are demanding their participants to buy their products to establish a good standing in the company. One example here is the Vemma Affiliates who are telling their members to spend $150 a month on products to be able to avail the monthly bonus pool.
Live a luxurious life.
They will usually say that you will be living a lavish lifestyle, but they will not tell you that lots of people around the world are already losing their hard earned cash to pyramid schemes. Vemma Affiliates, for example, promised their members to have a luxury car along with a travel package to great destinations.
So, if you are tempted to what a promising sales pitch says, you must find out first the right questions to ask before you buy in. However, these so-called “schemes” are sometimes real opportunities and actually works for lots of folks out there to start their own business at home.
Nowadays, it is noticeable to see that most of the social media posts about advertising a small business opportunity are from mothers. Well, you shouldn’t be so surprised with that. Whether it’s Facebook, Twitter, Instagram, LinkedIn, Pinterest or Youtube, we have been continuously seeing a remarkable change in people’s posts and a large percentage of them came from women or mothers.
Most mothers out there have already met their threshold straight on and they are now taking a leap of faith hoping to become their own boss or entrepreneurs which are giving them liberty.
So, next time you see a sales pitch on your news feed that is appearing to be so good to be true, you may first think twice before you question its legitimacy. The hustle and work ethic of a mother who is trying to provide for her family is incomparable.