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Pyramid Scams and Ponzi schemes explained by Peter Mingils for MLM

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Manage episode 407630012 series 1236719
Content provided by Building Fortunes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Building Fortunes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Pyramid Scams and Ponzi schemes explained by Peter Mingils for MLM on Building Fortunes RadioHeard about that new "business opportunity" promising quick cash? Be cautious! Many MLMs (Multi-Level Marketings) rely on recruitment, not product sales, for profits. This structure resembles pyramid schemes, where the real money flows to those at the top. Unlike Ponzi schemes (which use new recruits' money to pay out earlier investors), MLMs often have a product, but the focus on recruitment can make it difficult to turn a profit selling it. Do your research. eter Mingils hosts the Building Fortunes Radio show. In the MLM, Network Marketing,Home Based Business IndustryFor the Best Quality MLM Leads, Network Marketing Leads Training, and MLM Lead Management Systems, use https://www.NetworkLeads.com Advertise on MLM Classified websites on the Youmongus Ad Network https://www.youmongusadnetwork.com is a classified ads website .s. Advertise on http://www.mlmwhoswho.net and https://www.youmongusads.com New sites being developed https://anti-mlm.newshttps://healthcoach.news and https://mypet.news https://saveme.news and https://travelagency.news (386) 445-3585 https://www.buildingfortunes.com is the Affiliate Program
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307 episodes

Artwork
iconShare
 
Manage episode 407630012 series 1236719
Content provided by Building Fortunes. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Building Fortunes or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Pyramid Scams and Ponzi schemes explained by Peter Mingils for MLM on Building Fortunes RadioHeard about that new "business opportunity" promising quick cash? Be cautious! Many MLMs (Multi-Level Marketings) rely on recruitment, not product sales, for profits. This structure resembles pyramid schemes, where the real money flows to those at the top. Unlike Ponzi schemes (which use new recruits' money to pay out earlier investors), MLMs often have a product, but the focus on recruitment can make it difficult to turn a profit selling it. Do your research. eter Mingils hosts the Building Fortunes Radio show. In the MLM, Network Marketing,Home Based Business IndustryFor the Best Quality MLM Leads, Network Marketing Leads Training, and MLM Lead Management Systems, use https://www.NetworkLeads.com Advertise on MLM Classified websites on the Youmongus Ad Network https://www.youmongusadnetwork.com is a classified ads website .s. Advertise on http://www.mlmwhoswho.net and https://www.youmongusads.com New sites being developed https://anti-mlm.newshttps://healthcoach.news and https://mypet.news https://saveme.news and https://travelagency.news (386) 445-3585 https://www.buildingfortunes.com is the Affiliate Program
  continue reading

307 episodes

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