“Companies that use MLM models for compensation have been a frequent subject of criticism and lawsuits. Many of you probably already know the issues with MLMs, but here is the lowdown, straight from Wikipedia: You may not though, and here’s why: The Problem Right… so if you manage to master that complicated pyramid, you could potentially make a lot of money.
You can then earn bonuses based on sales made by the binary organization, which is comprised of the reps you recruit, and the reps they recruit.” The second pyramid is the “binary organization.” Here the pyramid spreads out by twos-the top spot sits directly above a left and a right spot, each of which sits above its own pairs, and so on. Lineage is factored into rank, which is factored into compensation.
The first pyramid is called the “lineage.” You sit at the top and everyone you’ve personally recruited is added directly below you, and everyone they’ve recruited is below them, and so on. “WorldVentures has a virtually inscrutable payout schedule comprising seven ranks and two pyramid-shaped hierarchies. Honestly, the payout scheme is so complicated I started tuning out, but to quote this very interesting article in the Observer: You then go to work recruiting others to sign up below you.
You should be here world ventures plus#
To become a sales rep you pay a $99.95 sign-up fee plus 10.99 a month. With a few hours of research, I was able to get the scoop on WorldVentures and I was pretty disturbed by what I learned: When I asked around on Facebook many people seemed to know at least one or two people involved. This is a multi-million dollar company and it is growing fast. Clearly they do since this young (probably late twenty-something) dude was trolling coworking meetups for sign-ups. I associate these sort of companies (like Amway) with some bygone era. I didn’t know people even still DID these things. Mike and I looked at each other in disbelief. “I thought you guys said you were entrepreneurs,” the guy mumbled before shuffling off dejectedly.
You should be here world ventures free#
The guy looked up from his endless slideshow where he was explaining all the free trips and cars you can earn, just by working for yourself! “We’re never going to be interested in this.” “I’m going to stop you right now,” Mike said. It looked like this guy was actually trying to recruit us into a pyramid scheme! It wasn’t until he showed us the pay structure, which looked exactly like a pyramid, that I realized what was going on. Then he told us the real money was in becoming an associate and recruiting others to join the program. He kept going telling us about this online travel club called WorldVentures, where users can buy discounted travel packages for super cheap if they just pay a $199 fee + $54.95 a month (what a deal!). Well, whatever he’s doing, it sounds pretty cliché, I thought to myself.
0 kommentar(er)
