How to spot a pyramid scheme - Stacie Bosley

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TED-Ed

TED-Ed

5 жыл бұрын

Learn the techniques and tricks that pyramid schemes use to recruit new members and how to avoid being fooled yourself.
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In 2004, a nutrition company offered a life-changing opportunity to earn a full-time income for part-time work. There were only two steps to get started: purchase a $500 kit and recruit two more members. By 2013, the company was making $200 million. There was just one problem -- the vast majority of members earned less than they paid in. Stacie Bosley explains what a pyramid scheme is and how to spot one.
Lesson by Stacie Bosley, directed by Wooden Plane Productions.
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Пікірлер: 9 100
@insolentish4529
@insolentish4529 4 жыл бұрын
Red flag: Someone from highschool you haven't talked to in years hits you up randomly
@PedroHernandez-su1wb
@PedroHernandez-su1wb 4 жыл бұрын
This is exactly, exactly what happened to me yesterday
@BillyO8828
@BillyO8828 4 жыл бұрын
LOL....yes! And they say, "I just started my own business" or something like that.
@michaelbell3952
@michaelbell3952 4 жыл бұрын
Happened to me a few years ago.
@Cam-pt9ex
@Cam-pt9ex 4 жыл бұрын
EXACTLY LMAO
@JackXFrost01
@JackXFrost01 4 жыл бұрын
A friend did the same to me too. Messaged me on facebook to watch this slideshow about beauty products that was for her "presentation" for class and asked me to critique. As OBLIVIOUS as I was at the time. I watched the whole 10 min and opened a Microsoft word doc. And made 1 page notes saying things like *this girl needs to stop saying umm* or things like *add more slides that show the product being used more etc.* She said *oh lol thanks* and never messaged me back. A few months later I then realized that it was a scam when my I told my other friend about it and laughed because she was approached by her too on facebook. THANK goodness for my naivety back then.
@giraudy221
@giraudy221 4 жыл бұрын
The biggest sign is when they say “Wanna Be Your Own Boss?”
@longhairgetinthere
@longhairgetinthere 4 жыл бұрын
😂🤣😂
@talentlesscommenter1329
@talentlesscommenter1329 4 жыл бұрын
Antonio Innocente that’s a Ponzi scheme.
@MuditVerma
@MuditVerma 4 жыл бұрын
How do they typically justify "being your own boss" when you have to report back with how many people you recruited? Doesn't make sense even from the get go...
@nothanks39
@nothanks39 4 жыл бұрын
HUN
@Papikof
@Papikof 4 жыл бұрын
I swear yo 🤣🤣🤣
@arturomillan
@arturomillan 2 жыл бұрын
I absolutely bursted out laughing when she said to send the video to three people you know. Brilliant!
@levanteluxegifting8430
@levanteluxegifting8430 Жыл бұрын
big brain time
@thefog13
@thefog13 2 ай бұрын
Tell 5 people you know to like this reply
@Abbyssiniyan7604
@Abbyssiniyan7604 Ай бұрын
​@@thefog13 what's in it for me though a quarter of the likes you receive😂
@thefog13
@thefog13 Ай бұрын
@@Abbyssiniyan7604 then tell them to like your reply, too
@Abbyssiniyan7604
@Abbyssiniyan7604 Ай бұрын
@@thefog13 yeah but you have to promise those that like your replies that they will get something in return for it to be effective yk
@Infernaladmiral
@Infernaladmiral 2 жыл бұрын
You know what's worse than being a victim of pyramid scheme and loosing your money? Loosing friendship and relationships over it.
@alexthecreator8380
@alexthecreator8380 Жыл бұрын
what do you mean by that?
@gokuldutt7476
@gokuldutt7476 Жыл бұрын
@@alexthecreator8380 when people buy products from MLM or pyramid scheme they are basically trapped and have to push their products to more people which means they have to convince their close friends or relatives to buy overpriced products so that they can recover their own losses. Now when you try to annoy other people to buy overpriced products from pyramid scheme they would obviously lose all interest in talking to you.
@Adushka1976
@Adushka1976 Жыл бұрын
@@gokuldutt7476 I've lost 2 good friends to a pyramid schemes... both called me for meeting with a great news... first vitamins, second cosmetics... never talked to them again.
@izzyash2031
@izzyash2031 10 ай бұрын
​@@Adushka1976bro, same! So lame why do ppl do this!!!!!
@luda.chrisotzz
@luda.chrisotzz 10 ай бұрын
@@Adushka1976did you end your friendship because of their involvement on selling products from an mlm or did they only see you as a customer & kept pushing you to buy from them that ended your friendship with them?
@henrykjohn78
@henrykjohn78 5 жыл бұрын
When someone: - wraps their arm round you - tells you about an exciting business opportunity - reassures you it's not a pyramid scheme, even though you don't have such concerns - is an old high school friend It's a pyramid scheme
@thecollector4332
@thecollector4332 5 жыл бұрын
Henryk John That happened with a far relative that I had met like twice in my life. Sadly, my sister in law kinda fell for it.
@quatreunhuit
@quatreunhuit 5 жыл бұрын
I got 2/4.
@Foxy02016
@Foxy02016 5 жыл бұрын
Henryk John also cheerleading is clearly a pyramid scheme
@Alejo__
@Alejo__ 5 жыл бұрын
Henryk John whats a pyramid scheme??
@erwinsmithes1655
@erwinsmithes1655 5 жыл бұрын
My aunt fall for it.. Luckily i didnt.. One more, complicated member awarding system
@tastyjason4136
@tastyjason4136 4 жыл бұрын
“Send this to 3 people you know” *hol up*
@alanyuan8565
@alanyuan8565 4 жыл бұрын
I know eh
@isaacibbotson4632
@isaacibbotson4632 4 жыл бұрын
This is what I came here to say, but in my heart I knew it had already been said
@GhettoFilipino
@GhettoFilipino 4 жыл бұрын
Tasty Jason 😂😂
@mayhair
@mayhair 4 жыл бұрын
That's the joke
@natalitorres5279
@natalitorres5279 4 жыл бұрын
And you have to leave a like should have been added
@harshitagrawal791
@harshitagrawal791 2 жыл бұрын
Can we take a moment to applaud the animation. Just brilliant!👏🏼👏🏼
@aerozed95
@aerozed95 2 жыл бұрын
Very reminiscent of the opening sequence to the movie “Catch Me If Can”
@NoriMori1992
@NoriMori1992 2 жыл бұрын
I fell for a gifting group once. Even though it had the exact same structure as a pyramid scheme, the difference in context and stated purpose was enough for me to not see it. Fortunately I only sent one gift before one of my Facebook friends who I tried to share it with pointed out that it was a scam. That's the only time I ever fell for a scam, and I fell for it so publicly too, so it was really embarrassing.
@bullettomy7thheart
@bullettomy7thheart 2 жыл бұрын
You’re not very smart are you
@arundhathidev327
@arundhathidev327 2 жыл бұрын
Can you please tell me what was the context and stated purpose ? This is to help a friend
@temporaltomato3021
@temporaltomato3021 2 жыл бұрын
Thanks for sharing. Would be hard to me to admit, even though I know it would help people.
@youreverydayhellknight4257
@youreverydayhellknight4257 Жыл бұрын
You know that friend is a keeper.
@KnakuanaRka
@KnakuanaRka Жыл бұрын
Sounds like a good friend to have. And how did this group work and how was it presented to make it seem different? I!ve honestly never heard of a gifting group before, so I’m not sure what that would be like.
@mrplop38
@mrplop38 4 жыл бұрын
When you said fight fire with fire I thought you were gonna tell us to start our own pyramid scheme
@HappinessOrDeath
@HappinessOrDeath 4 жыл бұрын
She basically did lol
@rafasha2222
@rafasha2222 4 жыл бұрын
Yeah lol
@brandonwithnell612
@brandonwithnell612 4 жыл бұрын
ok lets do it, ill recruit you guys, now go and find some more each within the next month or so
@sade2060
@sade2060 4 жыл бұрын
hire the boss
@mrcreepmcpasta2959
@mrcreepmcpasta2959 4 жыл бұрын
@@merlijnp huh
@babagee2216
@babagee2216 4 жыл бұрын
"I used to be in that chair you guys sitting right now"
@thesarmfather
@thesarmfather 4 жыл бұрын
“one decision can change your life forever”
@Juicetheeunuch
@Juicetheeunuch 4 жыл бұрын
...two days previous...
@firstman9813
@firstman9813 3 жыл бұрын
Lolz
@saitejachopurala8362
@saitejachopurala8362 3 жыл бұрын
😂😂😂😂
@notintheobservableuniverse2594
@notintheobservableuniverse2594 3 жыл бұрын
@@Juicetheeunuch lol
@gavinlamp5426
@gavinlamp5426 2 жыл бұрын
I once had a "customer" at work ask me how a product worked. So I explained it to her. She then told me I had great salesman skills, and offered me a job interview for selling "Insurance." I figured it would be at an office somewhere. We did a webcam interview. The only problem was her "partner" didn't show his face, and kept trying to amp me up about how much money I would be making. Every time I asked about what kind of insurance I'd be selling, he'd dodge the question instantly with "We will get to that, but first you need to build a team, and recruit some more members." I immediately figured it was a pyramid scheme. But I didn't understand how he'd get money off of me, until he said that I needed to pay him $200 for a "license." Sadly, this isn't the first time someone has tried to "recruit" me, for something suspicious. One of my coworkers fell for this with hair cleaning products and ended up losing thousands of dollars.
@scarsound
@scarsound Жыл бұрын
SERIOUSLY The only time you "pay" for any sort of "license", insurance wise, is in order to take the provincial/stage courses/classes and the errors/omissions insurance for yourself in case something happens, and even then, most legit insurance companies or banks will pay you the money back after you pass your exams. Y'know... like any normal job would do if you had to pay for training or certification of some sort out of pocket. Good thing you ran for the hills, because zoinks.
@confusioned2249
@confusioned2249 2 жыл бұрын
Pro tip for everyone: If someone tries to get you to sell something and they say it's a MLM, just leave instantly, it's 100% either a scam or a pyramid scheme
@juanhercberg
@juanhercberg 5 жыл бұрын
Some more Red Flags for everyone to consider: -The Canadian flag -The Swiss flag -The Chinese flag -The Turkish flag
@sergiobretonmba5225
@sergiobretonmba5225 5 жыл бұрын
hahaha
@BN-xt8em
@BN-xt8em 5 жыл бұрын
Og det danske bro!
@MrBre4ker
@MrBre4ker 5 жыл бұрын
Damn you
@kaltronkrasniqi1568
@kaltronkrasniqi1568 5 жыл бұрын
+ Albanian Flag
@roentjen
@roentjen 5 жыл бұрын
Juan Hercberg thank you, I’ll be considering that
@allergictohumansnotanimals5671
@allergictohumansnotanimals5671 3 жыл бұрын
At a pyramid scheme meeting: “I used to be like you once.”
@Kayden007
@Kayden007 3 жыл бұрын
Ight Imma head out
@thedarkknight7539
@thedarkknight7539 3 жыл бұрын
@@Kayden007 Adios
@rodrigomateodelgadodelacru8154
@rodrigomateodelgadodelacru8154 3 жыл бұрын
Until I got an arrow in the knee
@EugeneOneguine
@EugeneOneguine 3 жыл бұрын
Oh, so you were handsome ?
@mustafaalwan6523
@mustafaalwan6523 3 жыл бұрын
That's exactly what they told me when I went to interview for p****rica
@jollycooperation7446
@jollycooperation7446 2 жыл бұрын
Had this almost happen to my mom. I had to convince her NOT to do it. Oh did it take a lot of talking, math, and explaining. Someone asking for money to be put into a "pot" like a card table is a big red flag. Then asking 6-8 more people to do the same so you can start your own "pot" is another huge red flag. She tried getting me to do it, not even 2 minutes of her explaining it, I figured it to be a pyramid scheme.
@ladyysscorpio
@ladyysscorpio 2 жыл бұрын
was it WFG??
@maymenar9445
@maymenar9445 2 жыл бұрын
I wish I would’ve knew this this time last year .. being in one of there’s things damn near ruined my life . I look back and cringe at how brainwashed I was .. so embarrassing once you realize what happened to you . So depressing once you realize youre never going to “ make 10,000 a month online working part time” I’m honestly still recovering . Really it’s because they got me at my lowest point . Single mom working 2 jobs to make ends meet little to no time spent raising my child because I have to work so that we can survive . Me knowing I’m a hard worker I was told by this company that if I just worked hard enough , if I just wanted it bad enough it would happen for me . Well I worked hard, and definitely wanted it bad enough and it didn’t work out and I lost almost everything. The company shut down right when I was about to reach 2000$ a month ..
@abradam26
@abradam26 Жыл бұрын
you can always start again with a legitimate mlm. you can still be your own boss, just be cautious and learn to differentiate between a pyrimid and a legit mlm
@sandrastella
@sandrastella Жыл бұрын
@@abradam26 no thanks 😂😂😂😂
@quietpandora4855
@quietpandora4855 Жыл бұрын
​@@abradam26 no thanks
@eviljesus6111
@eviljesus6111 7 ай бұрын
​@@abradam26 ypur profile picture is a big red flag
@thetrickster9885
@thetrickster9885 4 ай бұрын
Single moms are target
@Michaelthegrape7680
@Michaelthegrape7680 3 жыл бұрын
I wasn’t interested in this video at first, but my brain was like: “You never know...”
@acupofjo22
@acupofjo22 3 жыл бұрын
Same
@yourcarsextendedwarranty333
@yourcarsextendedwarranty333 3 жыл бұрын
yoo same here i was like "who cares?" but then a week after watching this video for the first time one of my mom's friends approached both of my parents and told them about a "wonderful job opportunity" that can make them "millions" by being a life insurance agent and recruiting others to do the same. Looking up that company pointed to a pyramid scheme lawsuit and bad reviews and i had to convince them to not join.
@yourcarsextendedwarranty333
@yourcarsextendedwarranty333 3 жыл бұрын
@George B they ended up not joining
@yourcarsextendedwarranty333
@yourcarsextendedwarranty333 3 жыл бұрын
@Ethereal •Solana• no, it was called Premier Financial Alliance
@lucasamorimrabelo1278
@lucasamorimrabelo1278 3 жыл бұрын
🤣
@trevormccarron4451
@trevormccarron4451 4 жыл бұрын
the sad part is if i show this to people caught in mlm they’ll just say “oh well the one i’m in is legitimate”
@opai1821
@opai1821 4 жыл бұрын
Exactly
@thenuetrix6574
@thenuetrix6574 4 жыл бұрын
But there really are legitimate mlm though
@rr-mt9np
@rr-mt9np 4 жыл бұрын
@@thenuetrix6574 got brainwashed I see
@therealCrazyJake
@therealCrazyJake 4 жыл бұрын
The Nuetrix the video acknowledges this, and states that as one of the reasons pyramid schemes can be hard to spot. Deadlines and paying your way into the business were the key red flags they named to tell the difference.
@theone7059
@theone7059 4 жыл бұрын
@@thenuetrix6574 they're all legit smh... it depends how many people came before you though...
@PurplePinkRed
@PurplePinkRed 2 жыл бұрын
Red flag: Someone who is a mere acquaintance starts becoming more friendly with you completely out of the blue, then they invite you to a Zoom meeting or real meeting about "building a better lifestyle" within weeks.
@npr1m991
@npr1m991 2 жыл бұрын
As a former member of such a scheme, I can say that it's quality content. The calculations seem to work out when presented to you until they just don't ...
@kwanarchive
@kwanarchive 2 жыл бұрын
That's why it pays to be good at maths. ie, a basic understanding of exponential growth (and therefore the impossibility of perpetual exponential growth) is a real skill.
@kwanarchive
@kwanarchive 4 ай бұрын
​@@wtz_underLike I said: financial literacy is just understanding exponential growth. Learn maths. If you cannot do basic maths involving exponential functions, then you are not financially literate, no matter how many fancy terms you know.
@maheshsharma4999
@maheshsharma4999 3 ай бұрын
@@kwanarchive bro why you updating yorself after a year
@kwanarchive
@kwanarchive 3 ай бұрын
@@maheshsharma4999 Did you not see that I was replying to someone? There's an "@" and everything. They replied to me a month ago, so I replied to them. You need to learn investigative reasoning.
@alyendragon4209
@alyendragon4209 4 жыл бұрын
No youtube, I was looking for a guide on how to START a pyramid scheme
@b0nnieba3
@b0nnieba3 4 жыл бұрын
I think they're trying to tell you something...
@Gremlor
@Gremlor 4 жыл бұрын
They're trying to help you by telling you what makes a pyramid scheme noticeable, that way you can keep a low profile.
@izzydd5075
@izzydd5075 4 жыл бұрын
@@pantbd dude he was obviously joking
@perisaizidanehanapi7931
@perisaizidanehanapi7931 4 жыл бұрын
No, not in this recession you won't.
@niggy.
@niggy. 4 жыл бұрын
exactly
@caffeecup5319
@caffeecup5319 4 жыл бұрын
When someone is: -Worshipping a cat named Ra -Wears a funny little hat -Living in the desert -Constantly building Then it's probably a pyramid scheme
@Tre-pl4sk
@Tre-pl4sk 4 жыл бұрын
Toastte you thought this was funny huh
@pulrab7135
@pulrab7135 4 жыл бұрын
Underrated
@fisher2536
@fisher2536 4 жыл бұрын
Ra isn't a cat wtf
@aylii
@aylii 4 жыл бұрын
Lol
@robenkhoury7079
@robenkhoury7079 4 жыл бұрын
I love you
@kevjun252
@kevjun252 Жыл бұрын
Thanks, I saved my loved one by showing her this video. She wasn't convinced at first when I explained pyramid schemes but this video made her understand.
@BestMentalism
@BestMentalism 2 жыл бұрын
the difference between an honest MLM and a pyramid scheme is easy: in an honest MLM you never have to purchase anything to enter, you just need to sell products (without having to buy them first), and what you earn from your referral is coming from their own products sells VS in a pyramid scheme you have to purchase products or pay a monthly fee just to stay in the business. Basically: honest MLM = focused on selling products VS pyramid scheme = focused on recruiting sellers.
@CaiqueBrite
@CaiqueBrite 5 жыл бұрын
Red flag (MLM): When the primary goal seems to be find more sellers rather than consumers.
@alimanigobi3158
@alimanigobi3158 5 жыл бұрын
The intelligence in this one statement. Your summary skills are impeccable my good fellow.
@RyanTheHero3
@RyanTheHero3 5 жыл бұрын
By the way do you want to join our company. All you gotta do is recruit 3 people and buy our £500 make up kit. No qualifications required!
@BillyO8828
@BillyO8828 4 жыл бұрын
Agree. Problem is that many MLMs disguise this fact. But yes, this is true!
@andresvalentin6924
@andresvalentin6924 4 жыл бұрын
@@BillyO8828 They can never truly hide how they make money.
@HappinessOrDeath
@HappinessOrDeath 4 жыл бұрын
Actual framing: The "Business entrepreneur" buying his/her starter pack is actually the customer
@debeddagreat3263
@debeddagreat3263 4 жыл бұрын
"we are not selling products, we are going to sell *OPPORTUNITIES* "
@pradeepsandy4631
@pradeepsandy4631 4 жыл бұрын
@@siddharth5027 Just simply say you're not interested in this business anymore. They'll keep two to three meetings to keep you but be strong in your decision. They can't force you to keep in the business, it's always your wish.
@donm1719
@donm1719 4 жыл бұрын
siddharth lmaooooo
@goldflakes1371
@goldflakes1371 4 жыл бұрын
HAHHAHA
@davidkonevky7372
@davidkonevky7372 3 жыл бұрын
Yeah, they're basically selling the job, not the actual product
@Pikrioling
@Pikrioling 3 жыл бұрын
Oh yes, you are selling me the opportunity... to have you arrested and your little pyramid scheme eradicated.
@einhobbitmithut1399
@einhobbitmithut1399 2 жыл бұрын
The Artstyle looks a lot like the Opening Credits frm "Catch me if you can", loving it!
@Doubtfulgrace101
@Doubtfulgrace101 Жыл бұрын
Jobs were scarce in our small Alaska town, so my family got wrapped up in vemma in the early 2000's. I was a kid but saw many people join up in it who didn't have many prospects and a major lack of job experience and knowledge. Many of whom were hoping to take care of their families and only got multiple bottles of the medicinal "juice" that tasted of ground-up Flintstones vitamins. A year ago I was cleaning out my grandparents garage and there were still ancient bottles of their gritty mangosteen health product they could not move. 🙃
@thecitizenoftheinternet1077
@thecitizenoftheinternet1077 3 жыл бұрын
Keywords: - Be your own boss - Passive income - Entrepreneur - I used to be like you... (insert a heartbreaking sob story) - Business opportunity - No college or university degree needed - Make money online - Only available for a limited time - Make 10K a month while sitting on a couch - Quit your job - Motivation - Investing - Positivity - This is DEFINELY NOT a pyramid scheme!
@TheEdMab
@TheEdMab 2 жыл бұрын
Sounds like some KZfaq ads 😂
@LKevin44
@LKevin44 2 жыл бұрын
I get all these in my KZfaq recommendations
@steeledminer616
@steeledminer616 2 жыл бұрын
Okay but let me tell you about how I found this crazy easy trick to earn more money than I ever had before, as my own boss from my living room. I can't believe it took so little effort, and if you watch through this ad I'll let you in on the secret too.
@owenb8636
@owenb8636 2 жыл бұрын
Girlboss/ boss babe
@gabym9830
@gabym9830 2 жыл бұрын
Financial freedom is another one🤣
@jaygarcia6094
@jaygarcia6094 3 жыл бұрын
whenever you hear "this is NOT a get rich quick scheme" just know it's most likely a get rich quick scheme.
@phantom_mist1726
@phantom_mist1726 3 жыл бұрын
"It's not going to be easy", "I was in your shoes once", or "are you willing to train?"
@iwontreplybacklol7481
@iwontreplybacklol7481 3 жыл бұрын
Or they are just there to use you. I went to this "real estate investor" free seminar once. It was basically a pitch for you to pay them a subscription fee so you can be a bird dog for them. Lame.
@ethannakamura96
@ethannakamura96 3 жыл бұрын
Trading crypto is easier than you think. Thank you Joseph Allen for helping me make $5000 in one week.
@zaklaj
@zaklaj 3 жыл бұрын
@@ethannakamura96 pls put link
@arnoldshmitt4969
@arnoldshmitt4969 3 жыл бұрын
@@ethannakamura96 LOL NICE ONE
@naut7051
@naut7051 Жыл бұрын
Hustlers university💀
@Stophatingalready
@Stophatingalready 2 ай бұрын
It is not a pyramid scheme
@sundayjames-kq4yu
@sundayjames-kq4yu 5 ай бұрын
Excellent job, *Vortxtrace* - I’m thrilled to see you out there fighting against these individuals who lack integrity. We must do everything within our power to shield the elderly and the wider public from these wicked scammers! Hats off to you!! You deserve the highest honor for your efforts in keeping us safe, brother...........
@Cod4Wii
@Cod4Wii 5 жыл бұрын
"Do you wanna get rich quick?" "Do you wanna work at home and make lots of money fast?" "It's a multi-level marketing business." -pyramid scheme
@BillyO8828
@BillyO8828 4 жыл бұрын
MLM - More Losing Money
@PotatoBoiOfficial
@PotatoBoiOfficial 4 жыл бұрын
how about "get started flipping houses right here in the bay area using other people's money"
@DionRemeijsen
@DionRemeijsen 4 жыл бұрын
@@BillyO8828 Money Losing Method
@lydiamusima5840
@lydiamusima5840 4 жыл бұрын
Cod4 Wii it’s all lies and total embellishments
@gutt315
@gutt315 4 жыл бұрын
If all was rich none was rich! Next! Its a scam!
@thisguy4505
@thisguy4505 3 жыл бұрын
"I'm successful and making loads of money! So I'm going to show you how to do the same thing and create competition against myself. Makes sense, right?"
@aryan3229
@aryan3229 3 жыл бұрын
absolutely right.
@aryan3229
@aryan3229 3 жыл бұрын
I once had some message who said "I will teach you to earn 10-20% every day." I calculated how much I will have at the end of the year if I invested $100 and I earn 10% every day which gets compounded daily. I will have at the end of the year... drum rolls please.... $128,330,558,031,339,328.00 lol
@shadowspark
@shadowspark 3 жыл бұрын
If rich entrepreneurs were as generous as they pretend to be, they’d pay livable wages, not paltry commissions. If a suit says over and over they want only to help folk like you achieve wealth/greatness, they’re a fraud.
@samudrabikashbaruah5041
@samudrabikashbaruah5041 3 жыл бұрын
Thats how team work works I guess?
@bsgfan1
@bsgfan1 3 жыл бұрын
Case in point: Billy Beane and his “Moneyball” formula. He wrote a book on it and other baseball teams started using it. Suddenly, his secret weapon was being used against him left and right.
@Ganokk
@Ganokk 11 ай бұрын
Thank you TED. The video has everything you can know.
@avaraquel6981
@avaraquel6981 2 жыл бұрын
The king of the hill episode when Peggy got caught up in the pyramid scheme saved me a few years. The job I was offered was identical to the episode plot buying and selling “products for living “ .
@nonh1
@nonh1 5 жыл бұрын
"Let me assure you that this is not one of those shady pyramid schemes you've been hearing about. No sir. Our model is the trapezoid!"
@AleksoLaĈevalo999
@AleksoLaĈevalo999 5 жыл бұрын
@unOrdinary Replica Weird square.
@chariethe
@chariethe 5 жыл бұрын
SOLD.
@saskeru9346
@saskeru9346 5 жыл бұрын
@unOrdinary Replica Good I mean, don't worry about that
@GraveUypo
@GraveUypo 5 жыл бұрын
yes, it's a trapezoid because there are TWO people at the top.
@theobserver3753
@theobserver3753 5 жыл бұрын
I'm in..😂😂😂
@chhive
@chhive 4 жыл бұрын
Common things in MLM: 1. The recruiter is hyper enthusiastic and knows it all 2. The recruiter thinks that he or she is so successful and you can be the same like them 3. You can do this and make a living by part time 4. You can help many other people 5. Require you to go through training and workshops 6. They have many many members around the country and the world 7. You can be your own boss 8. You can travel around the country or the world, again workshops 9. You need to pay to get a license while you don’t need to pass anything 10. You need to pay for background check Typical products they sell: Diet Vitamin Personal financial programs Insurance
@jofx4051
@jofx4051 4 жыл бұрын
You should add others like: Health instrument (bracelet, water filter, air filter) Online education Trips And most likely things with overpaid priced or unreasonable things that doesn't actually has real facts (self-claimed facts) that usually they say it is the best product and only they sold it
@helldronez
@helldronez 4 жыл бұрын
almost getting into the insurance once but i said to her i got covered by country already and it's fine, then i walk out.
@jofx4051
@jofx4051 4 жыл бұрын
@@helldronez Nah some kind of insurance companies are kinda falling into this too
@helldronez
@helldronez 4 жыл бұрын
@@jofx4051 what do you mean of nah?, insurance company is pyramid scheme too the real insurance is goverment one
@shayaankhusro4104
@shayaankhusro4104 4 жыл бұрын
This sounds like some KZfaq ads I've come across.
@jewishnazi92
@jewishnazi92 2 жыл бұрын
The whole "you need to pay me for you to make money" has always been a huge red flag for me, and its saddening that some people can't see through, what I believe, is such an obvious red flag. What legitimate business has anyone worked at that has you pay to get money besides maybe buying the company uniform?
@yipe222
@yipe222 2 жыл бұрын
Johnny Derpson Ahhh. A franchise! Million plus for a McDonalds.
@davidlaush180
@davidlaush180 Ай бұрын
I appreciate the inclusion of the difference between a pyramid and ponzi scheme. I get confused at times but the graphic is a great addition.
@cmichaels9544
@cmichaels9544 3 жыл бұрын
One of my friends invited me to his house for an amway presentation. I grilled the presenter so hard she actually started yelling at me and told me to leave 😂 all I was doing was picking at flaws in her logic. Was a proud moment for me
@casmartin790
@casmartin790 3 жыл бұрын
Could you give us an idea of what logic you picked at and what she was saying? I've been to a few of these Amway things and decided it was bogus, I know people who have invested so much into it and still have seen no rewards but see everyone 'above' them winning 🤷‍♂️
@Nyante
@Nyante 3 жыл бұрын
Please share what you said/asked
@cmichaels9544
@cmichaels9544 3 жыл бұрын
I used simple mathematics, I said if I'm trying to sell toothpaste for example, and each person makes 2% of the sale, given that there are now 100 people below me I can make 2% from each for 1 products? She said yes, I said well in that case your products will become horrendously espensive so why would I buy from you if I can go to a retail store and buy it for a quarter of the price? I also asked what I'm buying when I pay the sign up fee and she said access to the program and where exactly does this money go? We can't pay for something and not know for what and who's benefit. She said it's a shared scheme that benefits only new sign ups when they sell products. I said then why do we need to make a markup and what stops me from going to a manufacturer and buying at wholesale and selling just below retail without paying a sign up fee and a percentage to every one that I joined under? It makes more business sense. I also said that this sounds like enslavement since I'm working for this scheme and instead of the company paying me a salary and/or commission on anything I sell, I then need to pay my bosses (people that joined prior to me) for products I've sold. Needless to say, I own a business and so did my father so the business aspect and the mathematics stumped her, she became highly frustrated when I was grilling her in front of everyone else who also saw the same logic and were agreeing with me
@heinekensese_
@heinekensese_ 3 жыл бұрын
@@cmichaels9544 woah, amway don’t let us buy their products wholesale?
@cmichaels9544
@cmichaels9544 3 жыл бұрын
@@heinekensese_ they probably do but you're missing the point 😊 I meant that it's more feasible to go the a wholesaler and buy from them directly as opposed to amway which is essentially a middle man made up of countless thousands of people who all supposedly get a cut if whatever you sell
@8015908
@8015908 5 жыл бұрын
Another red flag: That unmarried aunt or uncle you meet at a family party who is suddenly very interested in your life.
@khorasanvn6598
@khorasanvn6598 5 жыл бұрын
FakeUser NameTwo explain pls
@tinachristine4573
@tinachristine4573 5 жыл бұрын
@@khorasanvn6598 they've fallen victim to a pyramid scheme and they are trying to recruit.
@leonslaw5722
@leonslaw5722 5 жыл бұрын
I was really thinking this was going to go the amish route
@mcslog
@mcslog 5 жыл бұрын
Corey Leon - As I walk through the valley where I harvest my grain, I take a look at my wife and realize she’s very plain...
@CutieRingoJoy
@CutieRingoJoy 5 жыл бұрын
Me: runs away
@manidatta5558
@manidatta5558 2 жыл бұрын
one more recent thing with advent of social media is info gathering, the more people their ads reach the better, basically selling of info it is and appears free of cost, while they spam your mail
@rbeanz7986
@rbeanz7986 Ай бұрын
Nearly got into this scheme. My friend offered me a job without me knowing that the job he offered was a pyramid scheme or a mlm type of company. He used sweet words in order to woo me into joining this type of scheme. I was hesitant to join but thanks to this video, I found out what the purpose of why my friend was eagerly and persistent of inviting me into the company. Thanks very much Ted-Ed. You saved my life.❤❤❤
@cannedbaef
@cannedbaef 4 жыл бұрын
"Dude, it's called multi-level marketing" -Friend from highschool you haven't seen for years
@feroniks366
@feroniks366 4 жыл бұрын
Canned Baef nah it’s called illegal
@MAA-kw4ez
@MAA-kw4ez 4 жыл бұрын
OHhHh
@jackw4573
@jackw4573 3 жыл бұрын
Took from Trevor Wallace lol kzfaq.info/get/bejne/g8WIeK-SnNHInYU.html 0:21
@cannedbaef
@cannedbaef 3 жыл бұрын
@@jackw4573 Never heard of the guy.
@totaldan99
@totaldan99 3 жыл бұрын
@@cannedbaef bruh hes funny af Loved the area 51 movie/skit
@freshescapes7929
@freshescapes7929 3 жыл бұрын
When someone told you to attend a seminar for business opportunity, accept the invitation , eat food as much as you can ,take home if possible ,but never sign up for anything ,tell them you'll think about it, and repeat the cycle for next invitation
@michaeladdd
@michaeladdd 3 жыл бұрын
That's what i did too. Taking their coffee as much as i could.
@bluedaylight1243
@bluedaylight1243 3 жыл бұрын
You dare use my own spell againts me?
@iwontreplybacklol7481
@iwontreplybacklol7481 3 жыл бұрын
Im hungry for dinner. Web search: get rich in real estate and ecommerce instead of restaurants 😂
@danyelleorr-mcneil4711
@danyelleorr-mcneil4711 3 жыл бұрын
@@ChuyR. that is hilarious 😂 the best part is you didn't even know what was happening, but was smart enough to ask the right questions 🤣🤣
@vincezaaa
@vincezaaa 3 жыл бұрын
Literally what I did as well haha. Makes me feel powerful knowing things on dark and light sides of society
@elfryeorin
@elfryeorin 2 жыл бұрын
Wish I found this video sooner 4 years ago before my senior friend asked the timid 1st year me to accompany her to this one job seminar...
@samuelirungu2085
@samuelirungu2085 Жыл бұрын
u can only get advice if u ask for it,info if u look for it💯very helpful video
@CJMajesty
@CJMajesty 5 жыл бұрын
Destroys friendships, relationships and marriages too.
@karelperlado6612
@karelperlado6612 5 жыл бұрын
Very true
@justinl2009
@justinl2009 5 жыл бұрын
Also applies to blue shells in Mario Kart
@SDPTheGhost
@SDPTheGhost 5 жыл бұрын
Just A P39N Don't forget playing Monopoly
@mila-evans
@mila-evans 5 жыл бұрын
Reck And the +4 uno card
@haZedxClanz
@haZedxClanz 5 жыл бұрын
• Mila • Also stacking plus 2 and 4 cards
@xonx209
@xonx209 2 жыл бұрын
I too lazy to sell anything to anyone or to recruit people. This is my built-in defense against pyramid schemes.
@weirdvibes1729
@weirdvibes1729 2 жыл бұрын
Ah finally the only thing I'm good at
@raykepper8851
@raykepper8851 Жыл бұрын
Too bad you don't even know what one IS! DUH!!!
@underscoreellipsesdothyphe1563
@underscoreellipsesdothyphe1563 Жыл бұрын
If you have someone telling you you should buy something, it's a pyramid scheme lol actual businesses don't force their products on people, only scammers do
@ninadgodse6199
@ninadgodse6199 Жыл бұрын
Same bro same
@loganbuckley2010
@loganbuckley2010 Жыл бұрын
This is probably a lie that you made to fell good about yourself
@Curlyblonde
@Curlyblonde 3 ай бұрын
Years ago I was pressured by a co-worker to attend a Pyramid Scheme Recruitment Presentation for Vitamins & Supplements in our small community, knowing full well what I was walking into. I resisted the high pressure tactics employed to get me to buy into their scheme after their presentation was finished and the recruiters of course got quite irate with me, pretty well throwing me out and shaming me. Looking around I saw many local business people, lawyers, even law enforcement in the audience, eagerly signing on and paying to get in on "this special opportunity to make money while you sleep". Often wonder how that turned out for them.
@everydayslang
@everydayslang Жыл бұрын
LOOOOL “fight fire with fire. Send this video to three people you know”. What an amazing sign off.
@ParadiseLordRyu
@ParadiseLordRyu 4 жыл бұрын
“You don’t get rich by going to college. You get rich by getting rich.” -Griffy
@kevinkevin6445
@kevinkevin6445 4 жыл бұрын
Lol did u get recommended this after watching his vid
@GhettoFilipino
@GhettoFilipino 4 жыл бұрын
Steps to getting rich: 1) drop out of college
@Dany-G.
@Dany-G. 4 жыл бұрын
😂😂😂
@DirectorHMAN
@DirectorHMAN 4 жыл бұрын
It makes sense actually.
@Queeze101
@Queeze101 4 жыл бұрын
Step 3: ". . . . . . . 😏"
@yoitzdave
@yoitzdave 4 жыл бұрын
"Its not a pyramid scheme, it's not even a scheme per se" *draws triangle around business structure*
@tylerschmidlin3436
@tylerschmidlin3436 4 жыл бұрын
It’s a reverse funnel system
@uselessemailid
@uselessemailid 4 жыл бұрын
The office!
@jorgerueda5227
@jorgerueda5227 4 жыл бұрын
The office!
@jorgerueda5227
@jorgerueda5227 4 жыл бұрын
uselessemailid a man of culture!
@ruburtoe1
@ruburtoe1 4 жыл бұрын
The reflective upside down pyramid technique is the newest high growth marketing algorithm for high funding success. Lexiconigraphical gibberish can be a red flag
@mapoleo
@mapoleo Жыл бұрын
thanks for the tutorial 🙏😊
@BusterDuDummy
@BusterDuDummy 11 ай бұрын
Love the animation, reminds me of the animated open credit scene in “Catch Me if You Can”.
@monishankumar3748
@monishankumar3748 5 жыл бұрын
I read that as 'How to start a pyramid scheme'.... 🤣
@shegorivasjego6281
@shegorivasjego6281 5 жыл бұрын
monisha naren Made me laugh😂
@monishankumar3748
@monishankumar3748 5 жыл бұрын
@@shegorivasjego6281 Lol.
@ahab5735
@ahab5735 5 жыл бұрын
And you clicked?!
@pandatobi5897
@pandatobi5897 5 жыл бұрын
@@ahab5735 lmfao
@RyanTheHero3
@RyanTheHero3 5 жыл бұрын
*Insta click*
@SwedePlaysGames
@SwedePlaysGames 3 жыл бұрын
"No no, it's not a pyramid scheme... it's a... *trapezoid* scheme."
@slime_asmr2239
@slime_asmr2239 3 жыл бұрын
Underrated comment lmao
@BenMak1989
@BenMak1989 3 жыл бұрын
Great Simpson’s reference bro
@domination6585
@domination6585 3 жыл бұрын
emphasis on TRAP
@WatermelonIsBetterThanRice
@WatermelonIsBetterThanRice 3 жыл бұрын
"It's not a pyramid scheme, it's a reverse funnel system."
@TheQ14A
@TheQ14A 3 жыл бұрын
WE ARE A DIMARYP
@samspotz8r8s
@samspotz8r8s 2 жыл бұрын
I almost agreed to join cutco at a university hiring fair in my first year, but I was sketched out by how enthusiastic they were to hire me (a full time student with zero related experience) and decided to skip the,lol, group interview. I remember my parents lecturing me for bad business manners, but I’m so glad I followed my judgment. thinking back though, if I had more confidence and know how I would have complained to the university and tried to make sure cutco was never invited back
@angel31356
@angel31356 Жыл бұрын
one of my friend joined this company where you have to have some membership or something (you get a discount if you do) and you get points by buying and selling their products and if you recruit someone as well. she made it sound so good and i almost joined until she kept explaining and i felt like something was not right so i refused. she persisted me for weeks telling me how the earnings will increase if you kept up for a few years and i def knew that it was something i should avoid. eventually she stopped when i nearly screamed at her that i didn't want to join.
@leeannedestine679
@leeannedestine679 4 жыл бұрын
Hi. Im 14 years old. How do i explain to my parents that what they're being sold is a mlm and a scam?? Bc they believe everything i learn from the internet is wrong
@g0dly1
@g0dly1 4 жыл бұрын
Show this video and lots of news articles about pyramid scheme
@tanyagupta3376
@tanyagupta3376 4 жыл бұрын
@@g0dly1 but they think everything on the internet is wrong
@g0dly1
@g0dly1 4 жыл бұрын
@@tanyagupta3376 hmm newspaper articles then
@iresekore1764
@iresekore1764 3 жыл бұрын
Tell them about Vemma
@redrice4697
@redrice4697 3 жыл бұрын
Let them learn the hard way then
@Hamyhamster24
@Hamyhamster24 3 жыл бұрын
Pyramid scheme: When you have to pay a fee to work for them. Real job: they pay you for training and the amount of hours you put in.
@crackspider101
@crackspider101 3 жыл бұрын
Also pyramid scheme: The more you earn, the more you have to pay your bosses
@williamwingo4740
@williamwingo4740 2 жыл бұрын
General rule of thumb, applicable to other areas--like job placement services--as well as MLM: "If they want you to pay money, they are not legitimate."
@brandonsaquariumsandterrar8985
@brandonsaquariumsandterrar8985 2 жыл бұрын
Wait, so strawberry picking is a pyramid scheme
@Dfox773
@Dfox773 2 жыл бұрын
I came here for this comment
@yipe222
@yipe222 2 жыл бұрын
Hamy Nguyen In MLM you don't work for them, It's not a job.
@itsybitzzy
@itsybitzzy 2 жыл бұрын
"Are you an open minded?" That's the queue to walk away.
@thankthelord4536
@thankthelord4536 2 жыл бұрын
My husband fell into this back in the early 90s with his job employees.
@boxingfanatics2918
@boxingfanatics2918 4 жыл бұрын
When your highschool crush texted u after 40 years..its a pyramid scam.
@yaymere
@yaymere 4 жыл бұрын
40 years- now that’s a lot of years 👀
@ayo2080
@ayo2080 4 жыл бұрын
@Christopher Boukalis why must the word unoriginal be used so wrongly.
@dhawandeepdhiman5547
@dhawandeepdhiman5547 4 жыл бұрын
Lmao
@romanpapec6735
@romanpapec6735 4 жыл бұрын
Damn I thought she is finnaly into me... thanks for ruinning all hope
@LaCiupacapra
@LaCiupacapra 4 жыл бұрын
😂😂😂😂😂😂😂😂😂
@aolson1111
@aolson1111 3 жыл бұрын
When they say "it can't be a pyramid scheme, because pyramid schemes are illegal!"
@mosh57
@mosh57 3 жыл бұрын
"nah man, our cars won't get stolen if we don't lock them, that's illegal"
@kingclampz6081
@kingclampz6081 3 жыл бұрын
@@mosh57 🤣 🤣 🤣
@Olive-ey1cc
@Olive-ey1cc 3 жыл бұрын
They can’t be a bank robber, bank robbing is illegal
@Soyosan22
@Soyosan22 3 жыл бұрын
This is usually the first line they say when you confront them. B*tch, it's illegal to kill but people still doing it :D
@alcohol70percents
@alcohol70percents 3 жыл бұрын
wow, I actually been told so lol
@zakeveritt9140
@zakeveritt9140 2 жыл бұрын
now i know what to avoid when presenting MY pyramid scheme! thanks 👍🏽
@ilgobbyeol3251
@ilgobbyeol3251 2 жыл бұрын
There's popular here in Philippines called FRONTROW wherein highschool & college students are particularly part of it. I have some batch mates who joined usually post their products & money they earned sometimes even selfie of them on a fancy car that they don't even own. I have also 1 of my cousin who gave up studies for that job & says she'll be rich soon but after 6 years came she was still there selling products while my sister who is her batch mate before already graduated have decent job & much higher salary. It was basically a scam and they just brainwash people & also its because it was an easy money they get enlighten through it especially the strategies & tactics are quite smart to manipulate them easily.
@godsmacked1000
@godsmacked1000 3 жыл бұрын
I went to one of those once. They told me “This isn’t a pyramid scheme. Your job is a pyramid scheme. You’re working to make someone else rich. Here you make yourself rich” 😂
@TheKutie36
@TheKutie36 3 жыл бұрын
Funny thing is it’s true cause your manager boss make money from you and his boss will make even more... Only thing is atleast you’re guaranteed a check in a job 😂
@sebastians9285
@sebastians9285 3 жыл бұрын
It’s true though
@joshvineyard7253
@joshvineyard7253 3 жыл бұрын
This is not true. Just look up the difference. I’m sure there’s a video explaining it better than I can
@sebastians9285
@sebastians9285 3 жыл бұрын
@@joshvineyard7253 a job is a pyramid scheme of it’s own
@dodisatrio3017
@dodisatrio3017 3 жыл бұрын
@@sebastians9285 you paid more because of your expertise and experience instead of recruiting more staff to work for you, how is that the same. And ofc, companies and founder makes more money from its worker,they need to struggle to make a company before they could even start hiring staff, if they don't make profit that would just a time wasting activity.
@nokay3809
@nokay3809 5 жыл бұрын
If they say it’s not a pyramid scheme *Its probably a pyramid scheme*
@texchu8331
@texchu8331 5 жыл бұрын
Your life isn't a pyramid scheme.
@thalespro9995
@thalespro9995 5 жыл бұрын
R u in a pyramid scheme
@arnaldocisneros2212
@arnaldocisneros2212 5 жыл бұрын
What are people supposed to answer if they are being asked if their business is a pyramid scheme or not, then?
@nokay3809
@nokay3809 5 жыл бұрын
Arnaldo Cisneros this is a pyramid scheme
@antonsevigny5688
@antonsevigny5688 5 жыл бұрын
@@arnaldocisneros2212 who asks a legitimate business if it's a pyramid scheme?
@TankManTim
@TankManTim Жыл бұрын
Thanks for the tutorial! I’ll be sure to make a pyramid scheme of my own.
@VioletNKisHere
@VioletNKisHere 2 жыл бұрын
My mother once suspected one of her friends was in a pyramid scheme which required presenting to people. She was doing a practice presentation at my house for some banking or money-making thing, whatever. Towards the middle the person with her started taking over and sounded like they were trying to actually sell us something we weren’t interested.
@blackmber
@blackmber Жыл бұрын
That’s a classic one. Instead of saying, “if you’re interested I’ll give you a presentation” they say “You don’t have to buy it, I just need to practice doing the presentation.” And they are always trying to sell to you.
@forexams668
@forexams668 4 жыл бұрын
" I made 7 million dollars sitting on a park bench "
@premiumdomainnames
@premiumdomainnames 3 жыл бұрын
@The Kraemer Forrest, was it from Ping-pong or lieutenant Dan's investment into the Fruit Company ?
@sancrosanct5070
@sancrosanct5070 3 жыл бұрын
I know this guy. Man trying to dupe us all out here. Along with many more of them
@brownpunk1794
@brownpunk1794 3 жыл бұрын
@@premiumdomainnames its was bubbas shrimp concept
@bonniehowell4259
@bonniehowell4259 3 жыл бұрын
@The Kraemer This response deserves WAY more attention...
@UnaversalTriumph1one
@UnaversalTriumph1one 3 жыл бұрын
Dam how lol
@kagura-chan2456
@kagura-chan2456 3 жыл бұрын
In Philippines you can easily spot a pyramid scheme with the following: - non-close friend suddenly DM'ing you - the phrase "are you an open minded person?" -
@raymondolarte1254
@raymondolarte1254 3 жыл бұрын
Do you Know about B Hip One, i think its a Pyramid scheme?
@catfurrpiwpowpiwpaw
@catfurrpiwpowpiwpaw 3 жыл бұрын
I smell Frontrow in the air lol
@sabbyinfante7799
@sabbyinfante7799 3 жыл бұрын
"Have you heard of FRONTROW?" LOL
@CherryVilla21
@CherryVilla21 3 жыл бұрын
Omg. Someone I don't know but goes to the same school as me messaged me about Frontrow. I said I wasn't interested lol. I made a good decision.
@sexymary
@sexymary 3 жыл бұрын
Hahaha totoo Yan 🤦🤦🤦🤦🤣
@gtcross4512
@gtcross4512 Жыл бұрын
In the end you are making our mind to follow such instruction to share to a specific number of people so that we can achieve our goal
@Fun4GA
@Fun4GA Жыл бұрын
Thank you for reviewing the American Social Security System and spelling it out so clearly.
@pikachuumbra8001
@pikachuumbra8001 5 жыл бұрын
Red flag : "bro, lets have coffee sometimes, " "are you open-minded?"
@CutieRingoJoy
@CutieRingoJoy 5 жыл бұрын
No I’m closed minded thank you
@realjatt10
@realjatt10 5 жыл бұрын
When they start the sentence with bro, it's a pyramid scheme
@franzbi8465
@franzbi8465 5 жыл бұрын
Can relate. Haha.
@ItsCottonie
@ItsCottonie 5 жыл бұрын
Pikachu Umbra Oh my gawd the “are you open minded?” Line is so spot on!!
@pikachuumbra8001
@pikachuumbra8001 5 жыл бұрын
@@ItsCottonie ikr?
@jonathannuamah3296
@jonathannuamah3296 3 жыл бұрын
*How to Spot a Pyramid Scheme* It involves you bringing in another person.
@1986Glory
@1986Glory 3 жыл бұрын
Yes indeed
@Mrraugut
@Mrraugut 3 жыл бұрын
Or that you have to pay.
@jonathannuamah3296
@jonathannuamah3296 3 жыл бұрын
@@Mrraugut Exactly
@alexmaxwell7126
@alexmaxwell7126 3 жыл бұрын
That’s not a pyramid scheme. That’s MLM
@jonathannuamah3296
@jonathannuamah3296 3 жыл бұрын
@@alexmaxwell7126 which is basically a pyramid scheme
@misterkoneko2389
@misterkoneko2389 Жыл бұрын
Happy new year 💥 🎊
@sarahj132
@sarahj132 Жыл бұрын
I almost fell for one today, it’s amazing how legit this agency seems (Moore Organizations). Always do your research.
@nishantchatterjee3049
@nishantchatterjee3049 3 жыл бұрын
"Send this video to 3 people, then encourage them to do the same" Nice one.
@prashantprithyani4879
@prashantprithyani4879 3 жыл бұрын
Lmao 🤣
@xonx209
@xonx209 2 жыл бұрын
Most adults figured out the scheme by learning from other people's mistake. And the more hands-on people learn by their own mistakes. The remaining ones are just naive and would not learn from this video anyway.
@julianbaxter2403
@julianbaxter2403 2 жыл бұрын
I used the pyramid to destroy the pyramid.
@TallSilhouette
@TallSilhouette 5 жыл бұрын
Walked into a job interview that turned out to be a pitch for a pyramid scheme. That was infuriating.
@saniyahardison3940
@saniyahardison3940 5 жыл бұрын
How’d you know?
@seanpotts5252
@seanpotts5252 4 жыл бұрын
Same thing just happened to me. Another multi-level marketing agency operating under different names that they change every month or so and are virtually untraceable. Luckily I caught it quickly.
@AshHeaven
@AshHeaven 4 жыл бұрын
Have they ever posed as “Advertising Companies?” If so, they have probably attempted to get me. So shady
@eumemo4814
@eumemo4814 4 жыл бұрын
How about me? Who walked int a date.
@rebekahambrose5839
@rebekahambrose5839 2 жыл бұрын
Very good. Thank you.
@hinkhall5291
@hinkhall5291 2 жыл бұрын
2 questions: _what’s the product / service_ and _Do I gotta recruit others to sell this?_
@MaydayxRadio
@MaydayxRadio 4 жыл бұрын
The 900+ dislikes on here are probably pyramid scheme business owners
@FranklinSninsky
@FranklinSninsky 4 жыл бұрын
they dont have to, the people who sign up for these things are so hopeless, friendless, or just enojoyable lifeless, they will brainwash themselves with nothing more than a small push...
@elenif.vlachou9126
@elenif.vlachou9126 4 жыл бұрын
or they know more about what all these people are talking about. The only pity is they pay attention to these kinds of posts.
@trezapoioiuy
@trezapoioiuy 3 жыл бұрын
Not necessarily owners. Scammed people don't like being exposed as gullible.
@mr.speyside5240
@mr.speyside5240 3 жыл бұрын
900+ Boss Babes disliked
@jamesmatt3708
@jamesmatt3708 3 жыл бұрын
It wasn't easy with the kind of experience I had with them, thank God to Solution Global Recovery I was able to get back my lost Funds through the help of Solution Global Recovery here’s their email address you can contact them at : jm7480652@gmail.com and they will also help you to recover all your lost funds
@BryanElAteo
@BryanElAteo 5 жыл бұрын
This just reminded me of a "friend" trying to sign me up for Herbalife. When I told him that was a pyramid scheme he got upset and started with his programed script on how this was not a pyramid scheme 😅
@alexanderwindh4830
@alexanderwindh4830 5 жыл бұрын
That's sad....but don't you have a go to "script" in your head for about most things you encounter? So many weird people join mlm sadly
@nicoleharrington9086
@nicoleharrington9086 5 жыл бұрын
I was cussed out 😂
@cantseeshadow
@cantseeshadow 5 жыл бұрын
I lost my best friend to AmWay (scAmWay) and at the was invited to these meetings. At the time I had no clue and went to two more before I realized the fake-happy personalities across the room. I never spent a dime on the BS seminars and I said ✌️
@Emandiaz123
@Emandiaz123 5 жыл бұрын
Haven’t told my friend as I think he’ll also become very upset with me if I tell him
@kombine3789
@kombine3789 5 жыл бұрын
My friend asked me to watch a live stream seminar so I can be convinced that it's legit and it was literally the guy giving them a script without officially saying script.
@missmarthafawker
@missmarthafawker 2 жыл бұрын
I wish you would do another talking about how there now opening store fronts.
@TsakaniK
@TsakaniK 2 жыл бұрын
That country map at 4:39 is of southern Africa. As a South African, I have known of several pyramid and ponzi schemes that have come, gone and still exist. New ones are being generated everyday and members of our poorer communities often fall prey to such schemes. My grandparents once lost R7000(roughly $444) to a scheme called "Triple M"(stylized as MMM). They had been recruited by a distant family member. It was unbelievable.
@flea9512
@flea9512 4 жыл бұрын
if the job makes you pay to work for them; its a scam
@DS-xj2zz
@DS-xj2zz 4 жыл бұрын
Difference between a worker bee and a wealthy bee is making wise choices with what you're investing your money/time into. Win some, lose some. Not all jobs that require you to pay are schemes, you have to pay school to become a medical doctor, and then pay for a license to practice medicine after you complete all educational requirements in any state you reside. Is that a scheme? Many other jobs require certain credientials, paid with time/money/experience, so it's not necessary shady. Only shady thing is when the job pay you one rate, and no raises or raises don't match inflation/cost of living, that's harsh living conditions, meanwhile, CEO has million dollar income...that's a pyramid scheme
@jordanjenkins1671
@jordanjenkins1671 4 жыл бұрын
If I may modify your statement, "If the job makes you pay THEM to work for THEM, it's a scam". I say that because for some jobs, you may need to pay for a permit, a license, a test, etc. The difference is you're paying some separate organization for such item/service, not the company desiring to hire you.
@drgdfhg
@drgdfhg 4 жыл бұрын
Aren't you paying for your regular job with your time and sweat just to end up having more depts which you can't pay because your regular job's wedge is too small? I'm not paying 30-40 years of my life just to realize I haven't really live in this world and not developing. Your boss is above you, he tells you which time to work, e. g. they are the ones that are organizing YOUR graphic. Then friends tell you: come on, let's go out, and then you say: Oh, I'm sorry, tomorow I got to work and the next day I go on my other work... Because I'm in the bottom of the pyramid in my regular job in which my boss never wants me to progress, because if I progress, I will be useless to my boss... Something is really wrong in all these. Woking day/night should be 4 hours which will open more working spots for example... Remember - you are not taking the money from here. You only take your mind for after. So surround yourself with better educated and informed people!! Good luck! Still be careful with frauds. In my eyes MLM is okay, because you recieve the products that you buy from the shop anyway... Only that MLM pays you back at some point if you do it professionally. Ask yourself if others around you are really pros. Read good books... Robert Kiyosaki, Eric Worre, Tom Big Al Schriter... If you don't earn from MLM, then you lack some knowledge. What if you knew enough, what if you got better with your skills? Eh? Did anybody told you that if your inviter/leader had 5 parners and you got 10, all prople active, it is YOU who WILL GET MORE THAN your leader. To these days I don't think every "pyramid scheme" is fraud. Bad people Pyramids are just big entry fees, you got your money away, you don't get anything. That's the scheme you should be aware of.
@jordanjenkins1671
@jordanjenkins1671 4 жыл бұрын
@@drgdfhg If you really want to be your own boss, start your own business. It can be anything--a car repair shop, a restaurant, a SaaS startup, independent contractor, etc. True independence without all the cult brainwashing and scamming.
@jase7722
@jase7722 4 жыл бұрын
@@drgdfhg brainwashedddd
@Gadget-Walkmen
@Gadget-Walkmen 2 жыл бұрын
That’s some of the most generic but best elevator music I’ve ever heard! Great stuff right there!
@Kvothe_Bloodless
@Kvothe_Bloodless 2 жыл бұрын
I’m glad the KZfaq algorithm chose me as its one of 3 friends.
@YasminMuryadi
@YasminMuryadi 4 жыл бұрын
Hah! I'm practically invincible against the pyramid scheme as i, Have no friends.
@kylerose2842
@kylerose2842 4 жыл бұрын
Dw I'll be your friend.
@lam9090
@lam9090 4 жыл бұрын
Oh they find you alright
@bigdog3628
@bigdog3628 4 жыл бұрын
yep a friend is another way of saying "A person who will always pick them over you if there is no other choice"
@krozmasan6507
@krozmasan6507 4 жыл бұрын
@SARAH GIBBS If you view it from another angle, it might be a very friendly move. "Hey pal! I've found something where we can both get a lot of money!" If you haven't spotted the pyramid scheme, and fell for it, one can genuinely believe he's helping his friend.
@nvcbl
@nvcbl 4 жыл бұрын
111111 11 111111 11 11
@dipikaboro1332
@dipikaboro1332 3 жыл бұрын
When the son of deposed King of Nigeria emails you directly, you help . His father ran a freaking country😌
@undown9427
@undown9427 3 жыл бұрын
The office XD
@cuishanwu5
@cuishanwu5 3 жыл бұрын
Who dat
@ajmalsafi13
@ajmalsafi13 3 жыл бұрын
I have to make a call.
@supptk
@supptk 3 жыл бұрын
@@undown9427 Michael Scott said this?
@luvmoreh8less
@luvmoreh8less 3 жыл бұрын
@@supptk yeah
@SuperWeedPower
@SuperWeedPower 2 жыл бұрын
Im here just to see if NFTs fit in this category
@valorinthename366
@valorinthename366 5 ай бұрын
i love how the source for the first quote was just "proverb"
@icloudydust
@icloudydust 4 жыл бұрын
My dad was recently offered a business opportunity, and since I watched this video a few months ago I showed it to him. I was suspicious about it since he told me, so it made more sense for me to show it to him. Twas a was a pyramid scheme, plain and simple. Thanks for the very helpful video!
@37rgbdwyehdh11
@37rgbdwyehdh11 4 жыл бұрын
You saved your family from losing to a pyramid scheme
@Snookbone
@Snookbone 4 жыл бұрын
Twas
@therealCrazyJake
@therealCrazyJake 4 жыл бұрын
Which one?
@starr970
@starr970 4 жыл бұрын
"Twas" 🤣🤣🤣
@oedhelsetren
@oedhelsetren 3 жыл бұрын
Easiest way to spot a pyramid scheme: claims that anyone can make money from home with no skills or training.
@darthvitiate7373
@darthvitiate7373 3 жыл бұрын
etORO Is A PyrAMiD scHEme
@angefabricenda560
@angefabricenda560 2 жыл бұрын
@@darthvitiate7373 how? Can you explain that pls
@darthvitiate7373
@darthvitiate7373 2 жыл бұрын
@@angefabricenda560 im joking cause their ads are about making money at home (stock trading)
@sarashahzad5478
@sarashahzad5478 2 жыл бұрын
Yeah No business or job in this world can be done with out knowledge
@angefabricenda560
@angefabricenda560 2 жыл бұрын
@@darthvitiate7373 haha
@marvuser1367
@marvuser1367 Жыл бұрын
Basically Hustler’s university
@bennylaier
@bennylaier 2 жыл бұрын
I love how the ad before the video was a pyramid sceme for me😂
@boudebbouzabdessamedoussam9771
@boudebbouzabdessamedoussam9771 5 жыл бұрын
Another red flag: If there is no contract that prove the company is legitimate and legal
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