Attention please beware of pyramid schemes our community will always try to find away to get rich quick not realizing if we invest in the community businesses and help one another we can all be wealthly spend money in your community invent your own product. See definition below of pyramid schemes we are always getting introduced to the latest fad or scam! A pyramid scheme is a non-sustainable business model that involves promising participants payment or services, primarily for enrolling other people into the scheme, rather than supplying any real investment or sale of products or services to the public. The flaw is that there is no end benefit. The money simply travels up the chain. Only the originator (sometimes called the "pharaoh") and a very few at the top levels of the pyramid make significant amounts of money. The amounts dwindle steeply down the pyramid slopes. Individuals at the bottom of the pyramid (those who subscribed to the plan, but were not able to recruit any followers themselves) end up with a deficit.
Posted on: Fri, 14 Jun 2013 16:58:22 +0000
Trending Topics
Recently Viewed Topics
© 2015