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How to create a pyramid scheme

pyramid: [noun] an ancient massive structure found especially in Egypt having typically a square ground plan, outside walls in the form of four triangles that meet in a point at the top, and inner sepulchral chambers. a structure or object of similar form.

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Here are the facts about who Amway is, how it operates and how its Amway Business Owners (ABOs) make money. Is Amway a pyramid scheme? Amway is not a pyramid scheme. It is a direct selling organisation where ABOs make money through the sale of products. Pyramid schemes, by contrast, have nothing to do with real commercial activity. Those responsible for creating and operating a pyramid scheme can be charged in both criminal and civil court. Recruiting people to participate in a pyramid scheme is a felony. A person could face years in prison and hefty fines if convicted.

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So in essence what ends up happening is your job will be to refer people into the same problem to got yourself into. I believe this is unethical, illegitimate and a downright pyramid scheme. Some make the argument that in any type of money making “opportunity”, the very smallest minority will always end up being successful.

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Pyramid scheme works on the same principle as multi level marketing, but with one difference: no product is involved. In a pyramid structure, the member pays a fee to join. A percentage of that money will be paid back to them only at the point when they recruit a new participant in the scheme. The more people they recruit, the more money they.

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And it’s therefore easy to become cynical and conclude that building a coaching business is impossible – or that the coaching industry is a pyramid scheme where the only one’s making money are those selling services to other coaches. But the truth is way more boring that that. Coaching is like any other business – you need a solid.

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