Have you ever wondered what constitutes a scam? Well, recently I have seen a couple of companies in which I was involved for many years calling my new business other businesses, a Scam. So I started thinking about it. Is a company which charges a small one time fee( a fee which is less than the signup fee combined with the 12 monthly fees in my previous business and also pays out a hefty income to at least 35 % of it’s members within the first 6 weeks) or the company which charges a Signup fee plus a continuing monthly fee month after month and year after year for 5 to 10 years with a promise of great things to come and where probably 90 % of the members are receiving no money what so ever.
Really makes one wonder. But then add to that the fact that the old company requires you to sponsor one new paid member monthly and some programs like Tagm places a paid member under you at no cost! Hmmm… I’m beginning to wonder here. And where does the long time member get that paid member because they have not had the ability to sponsor them on their own? Why from a company Auction of Course! And how much does one pay for that paid Member at the company auction? Anywhere from $200. to $1000. Now why on earth would someone do that. Because they have been threatened to be disqualified from earning an income unless they sponsor a paid member each month! Makes perfect sense to me for that company but some programs charge nothing for members they place in your matrix.
But the other company says some programs have no legitimate product! They feel that leads provided by some companies are not a real product and have no value yet they make it mandatory that their qualified paid members get at least 10 new leads each month which they can purchase from their co op at the fantastic rate of $.3.00 each! Wow! Wonder why the leads provided by other companies have no value.
Does a Shopping Mall which lists merchants copied from “Commission Junction” or “Link Share”, and keeps a portion of the commission they receive and distribute the rest to VIP’s, most of who fail to qualify because they have not met the other requirements constitute a viable product. Anyone can sign up as a merchant with Commission Junction or Link Share so where’s the value.
Does this company go by the letter of the law or the intent of the law and use it only when they choose to condemn another company?
Thousands of worthless leads which have been recycled within the company for years. If you don’t believe me just look at the ID Numbers. They don’t lie.
Not sure what the annual fee is as it has been increased
Now you take a look at how long you’ve been with your current company and examine how much your income totals and what your expenses are and then compare that with what some people are earning in other programs.
Now I ask you again! What constitutes a scam?
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This post was written by Robbie Bracco on June 1, 2009
I have joined several “opportunities” that turned out to be scams and rather than make money, I lost all of my investment.
I have been involved with online marketing for about 9 years and ReGenesis is the fastest money-maker I have found. Another cool thing about ReGenesis is that you have the option to remain passive if that works best for your schedule and you will still make money. If you have not joined yet, get with it and do it now!
I think that scams can come from many places and many ways.
Hope can be the difference from one person viewing something as legitimate and another person viewing the same information with scepticisum, as a scam.
Each should check out the companies thoroughly to make sure it is legal.
If someone has a product to sell, and they decide that they will pay others to help sell this product like a commission, or like being an affiliate does, then it is a legitimate business.
Regensis 2×2 meets all the required standards to be an operating business.
It is not a get rich quick scheme, but it is also not a slow get rich scheme, either. It just offers the little guy who has been struggling out there trying to make a living on line, an opportunity to take some money home to the bank, without going broke trying to get there.
A well established company who would spend their time bad mouthing another company, rather than singing the praises of their own company must be feeling very insecure in what they really have.
It also makes their members feel very insecure, too, and wonder if they should even stick around, working so very hard to keep up with the required standards and getting so little pay for doing what most other online companies do for their members themselves. Some companies are just set up backwards. They say they are for the little guy, when in reality their comp plan shows different. They give lower percentage rates for the same sales than the upper members get.
Companies that pay the same fee to all the members working for them are the best. That way, everyone gets the chance at earning the same size piece of the pie, no matter if they are new to the business or not.
It’s been my experience that individuals who don’t have the money or are to scared to take a chance will try to tear down an opportunity rather than own up to their own insecurities. I’ve just started with ReGenesis but have found more support than I thought possible in an Income Opportunity! Regenesis is great…Thanks for a great article Robbie!