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FIB - Scams 101 - Ye Olde Archives
Posted By: Dennis Bevers <bassco2@bellsouth.net> In Response To: So what is this site really about? (Tracy)
Friday, 25 November 2005, at 8:03 p.m.
> I thought it was about scams masquerading as real businesses, but I guess
> that's not the case. So what is the purpose of the site? Just curious.
Tracy,
This site really is about friend helping friends and newcomers in starting and growing their own business, and avoiding the scams that are waiting for them with promises of quick, easy money.
While you are looking only at MK, we are checking up on all the "latest" scams that come down the pike, online or off. The $6 chain letter/PayPal email schemes, home assembly schemes that almost never pay anyone a dime, the "gifting" circles, home typing jobs, and other obvious and not so obvious pyramid schemes, etc.
MK does work for many people and has for years. I don't know about your claim of 1% profitable vs. 99% failure rate, but you may be right.
According to the FTC, half of all new US businesses started will fail within 10 years. For MLM's, the failure rate (not reaching profit before quitting or the MLM going out of business) is more like 90%. Much of that can be attributed to the MLM recruiting methods. Promises of easy wealth, no selling, no recruiting, and other meaningless guarantees virtually guarantees that most who join will quit when reality slaps them across the face.
No business is perfect for everyone, but some MLM recruiting methods teach that everyone is a prospect.
If "front-loading" or a mandatory monthly "auto-shipping"is added to the mix, the odds of someone reaching profit before quitting gets quite small.
You never explained on the MK "front-loading" whether it was corporate policy or option, but pushed by the upline.
The FIB forum is primarily composed of people who are strongly or mildly anti-MLM. I'm on the fence only because I saw my 3 failures being partly my fault. I never should have joined two of the three companies I tried. Yet, others have made a good income for themselves and their families through those and other MLMs. I just can't dismiss MLM or Network Marketing entirely, when I know it has been an excellent source of income for others.
Folks here are definitely opposed to the "big room" opportunity and recruiting meetings, with all the hype and hollow promises.
Take a half hour (or less) to read through Scams 101 to see the detailed info that Lesley has written about learning to spot the Red Flags - warning signs that should alert you to be aware of scams, phony promoters, and empty guarantees.
People come here every week asking for info about this company or these products, this self-appointed web guru, or another bizopp promoter. And usually within a matter of hours, one or more of the regulars here will post a reply. Some answers come from personal experience, others from checking the company website, Googling for the "company & scam", etc. Some detailed responses may have involved a half hour or more of research, checking out the names of principals who may have been convicted in previous FTC court cases.
Friends in Business is not the only anti-scam site on the internet. What position do the other major sites take on MK?
Consider this. This on-going discussion will give your link more attention than a flat OK would ever have drawn. None of the moderators have edited your posts or removed your link.
Dennis Bevers
Dennis Bevers
My home-based, b2b sales opportunity
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PLEASE READ THIS LEGAL NOTICE CAREFULLY BEFORE YOU FILE A LAWSUIT OR EVEN WASTE TIME THINKING ABOUT IT. It has been done before, but never successfully. In fact, the last dodobird who tried it ended up being ordered to pay more than $77,000 in attorney fees ($65,000+ to my attorneys and $12,000+ to my co-defendant's legal advisor).
If your attorney is worth his salt, he's going to tell you that the expense of filing a lawsuit you can't win is a whole lot worse than any "damages" resulting from messages posted on this insignificant little chunk of cyberspace. NEWS FLASH: I didn't just climb down off that ol' turnip truck yesterday. I'm well aware that expressing a negative opinion, relating one's personal experience, and restating provable facts are all legal in this country and do not constitute libel, slander, or defamation -- so you don't want to play games with me, and you sure don't want to start something you aren't prepared to finish. I don't take threats lightly, and I don't accept bribes (or did you call it a "mutually-beneficial arrangement"?). I'll turn you in faster than you can yell, "ARREST ME, I'M SCUM!!" Do yourself a favor and turn your legal team loose in greener pastures. Although we may, from time to time, monitor or review discussions, postings and the like on the Friends In Business (Scams 101) Message Board, we are under no obligation to do so. We are not responsible or liable for any claim arising from the content of any such discussions or postings or for any error, defamation, libel, slander, omission, falsehood, obscenity, pornography, profanity, danger, or inaccuracy contained in any information contained within such locations on the Site. You are prohibited from posting or transmitting any unlawful, threatening, libelous, defamatory, obscene, scandalous, inflammatory, pornographic, or profane materials or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. You are likewise prohibited from posting any false claims against any company or individual. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials. By posting messages and/or content on the Friends In Business (Scams 101) Message Board, you give permission for Lesley Fountain/Friends In Business/Shoestring Success Publications to display, distribute and use the posting and content for publication, advertising, promotion, excerption or example. You grant Lesley Fountain/Friends In Business/Shoestring Success Publications complete, perpetual, but non-exclusive rights to use, archive, reproduce, adapt, modify, distribute, sub-license, repurpose, rework, compile, or offer for sale or resale the messages, postings or content appearing on this site in whole or in part, throughout the world and universe, on a royalty-free basis without remuneration. If you cannot accept or agree with the terms of service for this website and discussion board, you are advised not to post on this board. In closing, I would like to remind you once again that it is still legal, in this great country of ours, to express a PERSONAL OPINION, as long as it is presented as opinion and not as fact. And finally, all you scammers out there will do well to remember that TRUTH IS AN ABSOLUTE DEFENSE against charges of libel, defamation, and slander... so if you're operating just a hop, skip, and jump ahead of the law, you might want to think twice before doing anything stupid... (AND SHAME ON YOU!!). |