Well, that was interesting.
I was invited to a 'business presentation' last night, which turned out to be your basic pyramid scheme. Although they took care to not call it that, and point out that in their version, the guy at the top doesn't get all the money.
In the version they are trying to sell, you are the top guy, making money off of the people you sell to, and the people they sell to. An interesting twist is that the recommend setting up several pyramids as part of the plan to achieve financial freedom.
It was all nicely packaged, with a plan to teach you how to free up money in your budget, get tax money back at the end of the year, and, of course, make lots of cash.
However, freeing up money in your budget assumes that you do not have a bare-bones budget like many of the working poor do. Getting tax money back at the end of the year sounds good, but you have to be paying it out all year to get your own money back at the end of the year.
They promise lots of deductions and tax write-offs by helping you set up a small, home-based business. No mention of how many new businesses fail after their first year. I guess they fail because, by golly, they didn't work hard enough.
And that sums up the program in a nutshell - what you make is only limited by how hard you are willing to work.
I'm still trying to understand how you can make money by barely working, but if you don't make money then you didn't work hard enough.
I guess I'm not cut out for the program. :)
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