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FIB - Scams 101 - Ye Olde Archives
Posted By: Alex <alexchan338@yahoo.com.hk> In Response To: Some Suggestions (Mel. White)
Tuesday, 6 June 2006, at 2:15 p.m.
Thanks alot for the valuable suggestions and advice. I couldnt thank you more. Yes my family, I should say my father is one of the owner of a factory, mainly manufacturing franklin mint products. As you might also have notice, I am still a kid, a kid without any experience with this game, and thats y i fell into that. Your suggestions inspires me to go and learn more what business is before actually running my own business single handedly. I regret for not finding out all the information before buying into the product. now i need to find a way to get rid of the products.
> I noticed that you're in Hong Kong, so the situation may not be QUITE as
> bad for you.
> Here in the US, the market is pretty much saturated and the opinion of
> Herbalife is very low. As you've seen, they've been described as a cult.
> Stock market standing just means that they had enough money to buy a seat
> on the stock exchange. There are many companies that are frauds or bad
> ideas which have done the same.
> That is the usual strategy -- not to sell product but to get people to
> join. The only way the top supervisors can make money is by having 1,000
> people or more as their "downline."
> You are losing money with the ads. Stop when you feel comfortable, but you
> may find that if you stay in it for a year or more, you are now $4,000 in
> debt (the $2500 plus buying things plus paying for ads.)
> When you start your own business, start something that someone in your
> family knows about (owns a business that has been around for many years)
> because they can give you good connections and good advice about where to
> get supplies and where to sell.
> When you start a new business, there are many businesses that can be
> started for little or no money.
> Your English is good. You could also offer (say) translation services to
> tourists or tutoring help for students. I'm not sure how much of that is
> around Hong Kong and the place where you live (some older businesses
> probably would like help translating signs and prices for tourists). Even
> the Asian stock markets can make money if you pick the right companies. I
> would advise that your next business be based not on an Internet marketing
> letter, but on things that are special and unique to your area.
> If you decide to stick with Herbalife, visit http://www.mlm.com and ask on
> their boards. And check to see if there are herbalife boards for people
> like you -- find out what they are doing.
> The Eastern market is getting flooded but it is not as overloaded as the
> US and European market is with Herbalife. You may have a chance of getting
> some of your money back, but it will not be a business you can keep for 5
> years or 10 years.
> So start planning your NEW business now!
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