How to spot a pyramid scheme - Stacie Bosley

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TED-Ed

TED-Ed

Күн бұрын

Пікірлер: 9 100
@insolentish4529
@insolentish4529 5 жыл бұрын
Red flag: Someone from highschool you haven't talked to in years hits you up randomly
@PedroHernandez-su1wb
@PedroHernandez-su1wb 5 жыл бұрын
This is exactly, exactly what happened to me yesterday
@JohnBowl14690
@JohnBowl14690 5 жыл бұрын
LOL....yes! And they say, "I just started my own business" or something like that.
@michaelbell3952
@michaelbell3952 5 жыл бұрын
Happened to me a few years ago.
@Cam-pt9ex
@Cam-pt9ex 5 жыл бұрын
EXACTLY LMAO
@JackXFrost01
@JackXFrost01 5 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.
@allergictohumansnotanimals5671
@allergictohumansnotanimals5671 4 жыл бұрын
At a pyramid scheme meeting: “I used to be like you once.”
@Kayden007
@Kayden007 4 жыл бұрын
Ight Imma head out
@thedarkknight7539
@thedarkknight7539 4 жыл бұрын
@@Kayden007 Adios
@rodrigomateodelgadodelacru8154
@rodrigomateodelgadodelacru8154 4 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
@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
@arturomillan
@arturomillan 3 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 7 ай бұрын
Tell 5 people you know to like this reply
@Abbyssiniyan7604
@Abbyssiniyan7604 6 ай бұрын
​@@thefog13 what's in it for me though a quarter of the likes you receive😂
@thefog13
@thefog13 6 ай бұрын
@@Abbyssiniyan7604 then tell them to like your reply, too
@Abbyssiniyan7604
@Abbyssiniyan7604 6 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
@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...
@giraudy221
@giraudy221 5 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 🤣🤣🤣
@Michaelthegrape7680
@Michaelthegrape7680 4 жыл бұрын
I wasn’t interested in this video at first, but my brain was like: “You never know...”
@acupofjo22
@acupofjo22 4 жыл бұрын
Same
@yourcarsextendedwarranty333
@yourcarsextendedwarranty333 4 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
🤣
@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.
@luda.chrisotzz
@luda.chrisotzz Жыл 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?
@Jonassssss6
@Jonassssss6 Жыл бұрын
It's spelled losing
@mrplop38
@mrplop38 5 жыл бұрын
When you said fight fire with fire I thought you were gonna tell us to start our own pyramid scheme
@HappinessOrDeath
@HappinessOrDeath 5 жыл бұрын
She basically did lol
@rafasha2222
@rafasha2222 5 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
@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!
@JohnBowl14690
@JohnBowl14690 5 жыл бұрын
Agree. Problem is that many MLMs disguise this fact. But yes, this is true!
@andresvalentin6924
@andresvalentin6924 5 жыл бұрын
@@JohnBowl14690 They can never truly hide how they make money.
@HappinessOrDeath
@HappinessOrDeath 5 жыл бұрын
Actual framing: The "Business entrepreneur" buying his/her starter pack is actually the customer
@babagee2216
@babagee2216 4 жыл бұрын
"I used to be in that chair you guys sitting right now"
@chuyshiruba
@chuyshiruba 4 жыл бұрын
“one decision can change your life forever”
@Juicetheeunuch
@Juicetheeunuch 4 жыл бұрын
...two days previous...
@firstman9813
@firstman9813 4 жыл бұрын
Lolz
@saitejachopurala8362
@saitejachopurala8362 4 жыл бұрын
😂😂😂😂
@notintheobservableuniverse2594
@notintheobservableuniverse2594 4 жыл бұрын
@@Juicetheeunuch lol
@NoriMori1992
@NoriMori1992 3 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.
@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
@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 3 жыл бұрын
Sounds like some KZbin ads 😂
@NKevin44
@NKevin44 3 жыл бұрын
I get all these in my KZbin recommendations
@steeledminer616
@steeledminer616 3 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 3 жыл бұрын
Girlboss/ boss babe
@gabym9830
@gabym9830 3 жыл бұрын
Financial freedom is another one🤣
@caffeecup5319
@caffeecup5319 5 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 5 жыл бұрын
Toastte you thought this was funny huh
@pulrab7135
@pulrab7135 5 жыл бұрын
Underrated
@fisher2536
@fisher2536 5 жыл бұрын
Ra isn't a cat wtf
@aylii
@aylii 5 жыл бұрын
Lol
@robenkhoury7079
@robenkhoury7079 5 жыл бұрын
I love you
@harshitagrawal791
@harshitagrawal791 3 жыл бұрын
Can we take a moment to applaud the animation. Just brilliant!👏🏼👏🏼
@aerozed95
@aerozed95 3 жыл бұрын
Very reminiscent of the opening sequence to the movie “Catch Me If Can”
@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 4 жыл бұрын
Yeah, they're basically selling the job, not the actual product
@Pikrioling
@Pikrioling 4 жыл бұрын
Oh yes, you are selling me the opportunity... to have you arrested and your little pyramid scheme eradicated.
@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.
@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.
@thefreelanceworker3491
@thefreelanceworker3491 3 жыл бұрын
It doesn't work that way. You are not recruiting a competition but a business partner. When you sell a product, you are earning only from your sales. But if you recruit somebody, you also earn from their sales. It's like a manager getting commission from his agents. But again, MLM and pyramid scheme is not the same.
@jaygarcia6094
@jaygarcia6094 4 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
@gavinlamp5426
@gavinlamp5426 3 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 2 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.
@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
@JohnBowl14690
@JohnBowl14690 5 жыл бұрын
MLM - More Losing Money
@PotatoBoiOfficial
@PotatoBoiOfficial 5 жыл бұрын
how about "get started flipping houses right here in the bay area using other people's money"
@DionRemeijsen
@DionRemeijsen 5 жыл бұрын
@@JohnBowl14690 Money Losing Method
@lydiamusima5840
@lydiamusima5840 5 жыл бұрын
Cod4 Wii it’s all lies and total embellishments
@gutt315
@gutt315 5 жыл бұрын
If all was rich none was rich! Next! Its a scam!
@TastyJason7
@TastyJason7 5 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
@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
@confusioned2249
@confusioned2249 3 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
@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..😂😂😂
@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 4 жыл бұрын
Took from Trevor Wallace lol kzbin.info/www/bejne/g5C7dn-XbNCXo7M 0:21
@cannedbaef
@cannedbaef 4 жыл бұрын
@@jackw4573 Never heard of the guy.
@totaldan99
@totaldan99 4 жыл бұрын
@@cannedbaef bruh hes funny af Loved the area 51 movie/skit
@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
@UCHTT
@UCHTT 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
@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 10 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 9 ай бұрын
@@kwanarchive bro why you updating yorself after a year
@kwanarchive
@kwanarchive 9 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.
@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
@hellz23456
@hellz23456 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
@@hellz23456 Nah some kind of insurance companies are kinda falling into this too
@hellz23456
@hellz23456 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 KZbin ads I've come across.
@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
@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
@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.
@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
@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
@kevjun252
@kevjun252 2 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.
@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 3 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 3 жыл бұрын
Wait, so strawberry picking is a pyramid scheme
@Dfox773
@Dfox773 3 жыл бұрын
I came here for this comment
@yipe222
@yipe222 3 жыл бұрын
Hamy Nguyen In MLM you don't work for them, It's not a job.
@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 4 жыл бұрын
Not necessarily owners. Scammed people don't like being exposed as gullible.
@mr.speyside5240
@mr.speyside5240 4 жыл бұрын
900+ Boss Babes disliked
@jamesmatt3708
@jamesmatt3708 4 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
@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
😂😂😂😂😂😂😂😂😂
@maymenar9445
@maymenar9445 3 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 Жыл бұрын
​@@abradam26 ypur profile picture is a big red flag
@thetrickster9885
@thetrickster9885 9 ай бұрын
Single moms are target
@xonx209
@xonx209 3 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
@raykepper
@raykepper 2 жыл бұрын
Too bad you don't even know what one IS! DUH!!!
@underscoreellipsesdothyphe1563
@underscoreellipsesdothyphe1563 2 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 2 жыл бұрын
Same bro same
@loganbuckley2010
@loganbuckley2010 2 жыл бұрын
This is probably a lie that you made to fell good about yourself
@aolson1111
@aolson1111 4 жыл бұрын
When they say "it can't be a pyramid scheme, because pyramid schemes are illegal!"
@mosh57
@mosh57 4 жыл бұрын
"nah man, our cars won't get stolen if we don't lock them, that's illegal"
@kingclampz6081
@kingclampz6081 4 жыл бұрын
@@mosh57 🤣 🤣 🤣
@Olive-ey1cc
@Olive-ey1cc 4 жыл бұрын
They can’t be a bank robber, bank robbing is illegal
@Soyosan22
@Soyosan22 4 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
@godsmacked1000
@godsmacked1000 4 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.
@Curlyblonde
@Curlyblonde 8 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.
@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?
@forexams668
@forexams668 4 жыл бұрын
" I made 7 million dollars sitting on a park bench "
@premiumdomainnames
@premiumdomainnames 4 жыл бұрын
@The Kraemer Forrest, was it from Ping-pong or lieutenant Dan's investment into the Fruit Company ?
@sancrosanct5070
@sancrosanct5070 4 жыл бұрын
I know this guy. Man trying to dupe us all out here. Along with many more of them
@brownpunk1794
@brownpunk1794 4 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
@SwedePlaysGames
@SwedePlaysGames 4 жыл бұрын
"No no, it's not a pyramid scheme... it's a... *trapezoid* scheme."
@slime_asmr2239
@slime_asmr2239 4 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
@Doubtfulgrace101
@Doubtfulgrace101 2 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. 🙃
@meeeee129
@meeeee129 5 жыл бұрын
How to spot a pyramid scheme: Person who sat behind you in high school ten years ago hits you up on Facebook with a once in a lifetime opportunity to retire before you’re 21 by working a part time full time part time job where you’re your own boss
@reinaldomartinez13
@reinaldomartinez13 5 жыл бұрын
That sounds like the dream to me
@izzulhaziq4898
@izzulhaziq4898 5 жыл бұрын
I now hate that "friend"
@yourlordandsaviouryeesusbe2998
@yourlordandsaviouryeesusbe2998 5 жыл бұрын
So you were in high school at 11 years of age?
@AkunoKen
@AkunoKen 5 жыл бұрын
Right on the spot.
@gur262
@gur262 5 жыл бұрын
Or you do photography /stylist/whatever now and they need photos whatever and proceed to waste your goddamn time and Sadly murder is illegal so you are never getting your time back
@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 3 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 3 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 5 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 5 жыл бұрын
Have they ever posed as “Advertising Companies?” If so, they have probably attempted to get me. So shady
@eumemo4814
@eumemo4814 5 жыл бұрын
How about me? Who walked int a date.
@avaraquel6981
@avaraquel6981 3 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 “ .
@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?
@gmanunreal
@gmanunreal 4 жыл бұрын
One time I made a recruiter crack. I was doing my best to fail the job interview... Him: "I like you. You have a good head on your shoulders. Even though you're not our target audience, you would be perfect for our company. All you have to do is pay $110 for the membership cost" Me: "Wait, I have to pay you for me to work here? If you want me to work for you, why don't you waive the fee?" Dude blows his head gasket then starts saying how he hates college kids because they don't "get it". He went from being the nicest guy with a big smile, all of a sudden wouldn't even look at me.
@shadowaker6260
@shadowaker6260 3 жыл бұрын
Yeah, never trust ""companies"" that make you pay for some "getting started" course. If they are legit they will assure your education or hire someone already educated
@justindiddler101
@justindiddler101 3 жыл бұрын
@@shadowaker6260 forex
@icloudydust
@icloudydust 5 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 5 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" 🤣🤣🤣
@christianpike8836
@christianpike8836 Жыл бұрын
“Send this video to three people, and have each of them send it to three people…..”
@smileyhehehe
@smileyhehehe 5 жыл бұрын
Another Red flag: When your friend who rarely (actually, never) invite u anywhere (especially if it is not your close friend) suddenly invite you for a drink and chill.
@300nd-h3z
@300nd-h3z 5 жыл бұрын
They just want to get laid with you
@Hachi.899
@Hachi.899 5 жыл бұрын
Welcome to the NHK
@mysteriousworld_0150
@mysteriousworld_0150 5 жыл бұрын
Welcome to php lol
@westlethegreat6388
@westlethegreat6388 3 жыл бұрын
Accidentally clicked on this thinking it was "how to *start* a pyramid scheme"
@ishapatil5433
@ishapatil5433 3 жыл бұрын
Lol same
@fuziontonygaming
@fuziontonygaming 3 жыл бұрын
Step one: Start recruiting anyone
@Randofolk108
@Randofolk108 3 жыл бұрын
Send this video to 3 people that you know now to spread awareness and become your own boss!!
@DoubleDOwnage
@DoubleDOwnage 3 жыл бұрын
Yes.... "accidentally"
@benjaminlore6633
@benjaminlore6633 3 жыл бұрын
you probably still got the information you were looking for from this video
@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 4 жыл бұрын
Tell them about Vemma
@Anemonemon
@Anemonemon 4 жыл бұрын
Let them learn the hard way then
@rbeanz7986
@rbeanz7986 7 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.❤❤❤
@uwillnevernoewhoiam
@uwillnevernoewhoiam 5 жыл бұрын
One of my friend got caught in an MLM. He was convinced it wasn't a scam and even tried recruiting me. Eventually he blamed himself for not being able to get rich off of it. He now works a regular job
@kingoffuzziethieves
@kingoffuzziethieves 5 жыл бұрын
Like he did to begin with. Like you do. I don't call that a "loss".
@buxadonoff
@buxadonoff 5 жыл бұрын
@@kingoffuzziethieves he lost the money invested to start and he lost his time, i call that a loss.
@luv2charlie
@luv2charlie 5 жыл бұрын
uwillnevernoewhoiam thats how those predators work, convincing people they have to "work the plan!" So sad.
@eurekamreum5458
@eurekamreum5458 5 жыл бұрын
lmao that happened to my ex as well
@sneakershowcase3992
@sneakershowcase3992 5 жыл бұрын
Do you remember what the company name is?
@kagura-chan2456
@kagura-chan2456 4 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 🤦🤦🤦🤦🤣
@boudebbouzabdessamedoussam9771
@boudebbouzabdessamedoussam9771 5 жыл бұрын
Another red flag: If there is no contract that prove the company is legitimate and legal
@itsybitzzy
@itsybitzzy 3 жыл бұрын
"Are you an open minded?" That's the queue to walk away.
@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 3 жыл бұрын
@@darthvitiate7373 how? Can you explain that pls
@darthvitiate7373
@darthvitiate7373 3 жыл бұрын
@@angefabricenda560 im joking cause their ads are about making money at home (stock trading)
@sarashahzad5478
@sarashahzad5478 3 жыл бұрын
Yeah No business or job in this world can be done with out knowledge
@angefabricenda560
@angefabricenda560 3 жыл бұрын
@@darthvitiate7373 haha
@proton8689
@proton8689 5 жыл бұрын
The product should sell itself. Basically, you shouldn't have to hire more people just to get money. The thing you're selling should be able to generate a revenue
@SueRosalie
@SueRosalie 5 жыл бұрын
and if a product is any good it will be available in stores
@pantherfree5890
@pantherfree5890 5 жыл бұрын
@@SueRosalie The store takes a good amount of profit too so a good product with mlm actually works great
@jasoneldredge1728
@jasoneldredge1728 5 жыл бұрын
@@SueRosalie Not if marketing/distributions costs make MLM the better alternative...
@silverviper13
@silverviper13 3 жыл бұрын
no product sells by itself, that´s why we have advertising wich is actually very expensive. The difference is that mlm rely more on mouth to mouth publicity.
@HealthHorror
@HealthHorror 2 жыл бұрын
@@SueRosalie Not true at all! Stores sell the lowest quality coffee ever. When you start ordering it online, you start to see how great real coffee can taste. Not everyone can mass produce products for stores. It doesn't mean it's a bad product.
@jonathannuamah3296
@jonathannuamah3296 4 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
@naut7051
@naut7051 2 жыл бұрын
Hustlers university💀
@YouAreGodsCreation
@YouAreGodsCreation 7 ай бұрын
It is not a pyramid scheme
@windowsxpp
@windowsxpp 4 жыл бұрын
"The guy who recruited me has a Lamborghini now", "if you don't pay now, you will regret when your neighbors are driving a Porsche"
@aditya22439
@aditya22439 3 жыл бұрын
You mean the guy is in a pyramid scheme and owns a lamborghini now??
@windowsxpp
@windowsxpp 3 жыл бұрын
@@aditya22439 No, they never will, unless he is at the top :D
@izzamind
@izzamind 3 жыл бұрын
@@aditya22439 it was quoted means the recruiter is telling he @windows xp to join because he knows of someone in driving lamborghini
@ethannakamura96
@ethannakamura96 3 жыл бұрын
Trading crypto is easier than you think. Thank you Joseph Allen for helping me make $5000 in one week.
@willchapman6073
@willchapman6073 3 жыл бұрын
@@ethannakamura96 can't tell if this is a joke or not but terrible area to comment this if your legit LOL.
@ls.1344
@ls.1344 5 жыл бұрын
1. got to be a former classmate 2. Messages you on facebook to share their posts. Smell a scheme right there.
@paulhan1615
@paulhan1615 5 жыл бұрын
Especially when that former classmate who never tried to contact you for years, suddenly calls you to have a dinner together...
@victorstart6488
@victorstart6488 5 жыл бұрын
And uses the word 'hun' a lot
@IceRaven555
@IceRaven555 5 жыл бұрын
Especially when they see you as college students who desperately needs money
@lovi6531
@lovi6531 5 жыл бұрын
"Are you open minded for business?"🤣
@mauro0893
@mauro0893 5 жыл бұрын
w o r l d v e n t u r e s
@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.
@Kvothe_Bloodless
@Kvothe_Bloodless 3 жыл бұрын
I’m glad the KZbin algorithm chose me as its one of 3 friends.
@제규형
@제규형 3 жыл бұрын
'If it seems too good to be true, it probably is' is such a good quote. In the modernized world there's no convenient way to make money that easily by sheer good heart. It's a good way to learn how the world works, but it's also sad how some people want to commit to these schemes.
@francescoghizzo
@francescoghizzo 3 жыл бұрын
In financial jargon, it's called the "no arbitrage condition". In an efficient market, if there's a way to make free money, it gets discovered pretty quickly and as more people find out about it, the less profitable it becomes. This makes all opportunities to make quick and easy money disappear really fast
@reallouiethecat3132
@reallouiethecat3132 3 жыл бұрын
Yeah, this proverb guy seems pretty cool to have come up with it, wonder what else he has said
@One.Zero.One101
@One.Zero.One101 2 жыл бұрын
Same with online shopping. If a GTX 2080 video card is only 20 dollars, you better use your brain and know that it’s fake.
@hobomike6935
@hobomike6935 2 жыл бұрын
@@One.Zero.One101 I genuinely got one on sale, but it was _not_ for 20 bucks it was still freakin expensive even at discount
@Слышьты-ф4ю
@Слышьты-ф4ю 2 жыл бұрын
That's the whole point of market system: if there's real way of fast safe easy money, it's already overused by everyone.
@nathanbame4198
@nathanbame4198 4 жыл бұрын
Can we take a few seconds to appreciate the very satisfying sound effects and animations that went into this this
@angefabricenda560
@angefabricenda560 3 жыл бұрын
Yep
@tbotalpha8133
@tbotalpha8133 3 жыл бұрын
Yeah. Great sound design in this.
@vitcermak7737
@vitcermak7737 5 жыл бұрын
1. If someone you don't know contacts you with a job offer without any prior specification, be cautious. 2. If the person avoids answering questions like "what will my actual task be?", be suspicious. 3. If the person says you have to pay a fee in order to get started, just walk away. P.S. Be a bit self critical and realistic. Would anyone pay you that much for doing nothing at all? And if so, why wouldn't all the people do it already? The value needs to be created in order to generate money.
@Logun2549
@Logun2549 5 жыл бұрын
I'm creating a trapezoid scheme
@oneha6241
@oneha6241 5 жыл бұрын
If paying a fee before getting started is the basic of a scam then every business ever started is a scam
@courtneyflurry2439
@courtneyflurry2439 5 жыл бұрын
I am a highschool student, I and I get text messages from many random numbers and acquaintances from school talking about a "job opportunity with flexibility," but when I ask what the actual job is, I get a confusing response that doesn't answer the question.
@ayarimeriam4497
@ayarimeriam4497 5 жыл бұрын
@@oneha6241 businesses invest money to start a business and the only people doing it are the one starting the business if you have to pay money to work for someone then that is most definitely a scam
@everydayslang
@everydayslang Жыл бұрын
LOOOOL “fight fire with fire. Send this video to three people you know”. What an amazing sign off.
@porters.5811
@porters.5811 5 жыл бұрын
"You look like someone who's always wanted to own your own business."
@icarusfabrication3197
@icarusfabrication3197 5 жыл бұрын
uncle_tai x lol why yes I have 😂😅😃🤣
@dddmemaybe
@dddmemaybe 5 жыл бұрын
My god. I am buisinessu mannu. I am respect. I declare my first purchase as corporate leader is 500 dollars of your miscellaneous and unneeded household objects! I am so gonna git rich off of this!.. . . . . . .....
@JohnBowl14690
@JohnBowl14690 5 жыл бұрын
Lol. So true. The pitch, "I realized that working for myself is the best way to become financially independent". I've heard them all.
@JohnBowl14690
@JohnBowl14690 5 жыл бұрын
@@peterwonaprize - Yep. Funny thing is that I have never met a friend, family member, or acquaintance that has ever retired from an MLM. The only people that have ever retired from an MLM are the guys up on stage at the conventions.
@lydiamusima5840
@lydiamusima5840 5 жыл бұрын
It’s someone else’s business and they need your money 💰 to get somewhere
@flea9512
@flea9512 5 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
@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*
@zakeveritt9140
@zakeveritt9140 3 жыл бұрын
now i know what to avoid when presenting MY pyramid scheme! thanks 👍🏽
@naveenraj2008eee
@naveenraj2008eee 5 жыл бұрын
Wow. Ted-ed you are best in explaining and amazing video quality and animation. Truly i became fan of your channel..
@lucasheterjag
@lucasheterjag 5 жыл бұрын
I was soo close to fall for this exact thing when I was younger. I told my dad about it and he warned me and told me about pyramid schemes. I should thank him again
@AlexanderRivera23
@AlexanderRivera23 4 жыл бұрын
Lucas S. Lovén Your Dad was smart 👌
@dark_emperor9427
@dark_emperor9427 4 жыл бұрын
Exact same situation happened to me lol 😂😂
@mr.django6283
@mr.django6283 3 жыл бұрын
You're welcome my boy
@realorfake7588
@realorfake7588 2 жыл бұрын
THE SAME HAPPENED TO ME TODAY .MY DAD TOLD ME THAT IT IS A PYRAMID SCHEME
@iunnor
@iunnor 3 жыл бұрын
Remember guys: No one is actually THAT interested in you making money off of THEIR business.
@Nagib23_32
@Nagib23_32 3 жыл бұрын
Except if it makes you both more money. This is literally how world works
@restinpeace1916
@restinpeace1916 3 жыл бұрын
@@Nagib23_32 Even in that situation with legitimate businesses, that involve actual production of goods and services, no one is still THAT interested in you making money off of THEIR business. For business it's always minimizing game, there are factors keeping salaries up however: 1. Unions. 2. Paying very little will reduce worker efficiency. 3. High competition for labor ( depends on situation on market, mostly works for workers with rare set of skills ). To name a few.
@einhobbitmithut1399
@einhobbitmithut1399 3 жыл бұрын
The Artstyle looks a lot like the Opening Credits frm "Catch me if you can", loving it!
@BigMastah79
@BigMastah79 4 жыл бұрын
“Send this video to three people, and encourage them to do the same” Idk man... sounds like a pyramid scheme
@triparadox.c
@triparadox.c 4 жыл бұрын
Except you are not financially burdened to do so, and you're not promised money after spending a certain $$$ just to work.
@BigMastah79
@BigMastah79 4 жыл бұрын
Jovindio Wieuse ...
@gazebo9730
@gazebo9730 4 жыл бұрын
That’s exactly the point. Are you brain dead?
@BigMastah79
@BigMastah79 4 жыл бұрын
Gswaggamer it’s a joke. Are you brain dead?
@gazebo9730
@gazebo9730 4 жыл бұрын
CallieBestGirl of course!
@dipikaboro1332
@dipikaboro1332 4 жыл бұрын
When the son of deposed King of Nigeria emails you directly, you help . His father ran a freaking country😌
@undown9427
@undown9427 4 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?
@morelove4ya
@morelove4ya 3 жыл бұрын
@@supptk yeah
@particle35n29
@particle35n29 3 жыл бұрын
If you hear: “be your own boss” Run away, run far away.
@xonx209
@xonx209 3 жыл бұрын
Be my own boss? OK, then you pay me $500 and I'll give you some junk to sell.
@davidlaush180
@davidlaush180 7 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.
@matucomedes
@matucomedes 5 жыл бұрын
Literally anything that involves you having to pay to get in and having to recruit new members
@Alejo__
@Alejo__ 5 жыл бұрын
Matuco BULLAguero you pay to go to school and get a job. Jobs hire and recruit. Military recruits new members. Clubs recruit. Schoolls recruit. Sports teams recruit. I dont see your logic
@Kmab77
@Kmab77 5 жыл бұрын
@@Alejo__ obviously legitimate schools don't count. But it is possible for a pyramid scheme to disguise itself as an educational facility. But the general rule of thumb should be if it is an organisation where you have to pay membership fees to get in and where buying a large amount of the product or service to get in is a prerequisite and you are compensated for the members you recruit then it is probably a pyramid scheme
@jay2coolfau
@jay2coolfau 5 жыл бұрын
@@Alejo__ yeah but they don't pay you recruitment fees as your main source of income
@Alejo__
@Alejo__ 5 жыл бұрын
Kmab77 buying and reselling a product is the dumbest thing. But thats not what i was referring to. What im talking about is the recruiting concept.
@Benjamin1986980
@Benjamin1986980 5 жыл бұрын
@@angelomartyr name one MLM that has the majority of its members make any money. For most, you need to be senior level with dozens of people below you to even clear minimum wage
@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
@vincere7599
@vincere7599 5 жыл бұрын
Filipinos can relate to this: 1. Frontrow 2. AIM Global 3. Royale 4. Uno 5. Paysup 6. Nu skin 7. Paysbook 8. Onepro 9. Unlishop 10. PPM 11. Unitywealth 12. Unitywork 13. Adafarm 14. Captchasure 15. iAM Worldwide 16. USANA 17. KAPA International Ministry New scheme groups added to the list thanks to the comments below, I never knew there are a lot more, most I never even heard of!
@swoozh0828
@swoozh0828 5 жыл бұрын
Add Uno and Royale to the group..
@qseued
@qseued 5 жыл бұрын
Nu skin
@Merfolk_
@Merfolk_ 5 жыл бұрын
Paysup too, it's really just about targeting naïve people and letting them think it's legit for the sake of them investing and earning money with no regard to those people under them having more difficulty in recruiting and selling for that company they got them into the first place.
@GaboCodzArtz
@GaboCodzArtz 5 жыл бұрын
Frontrow is definitely a pyramid scheme. The fact na they time-pressured me to buy their "packages" after 1-2 days is quite suspect.
@jigsyow2647
@jigsyow2647 5 жыл бұрын
And now, introducing..... Unli shop, unli scam 😂 😂 😂 😂
@hinkhall5291
@hinkhall5291 3 жыл бұрын
2 questions: _what’s the product / service_ and _Do I gotta recruit others to sell this?_
@SpiritedSpy
@SpiritedSpy 5 жыл бұрын
"Hey bud I know it's been a long time,"
@epicOway
@epicOway 5 жыл бұрын
During my summer job I had at least 1 person a week trying to recruit me for a pyramid scheme. They prey on broke college students hoping they dont know any better.
@blondie4lyfe245
@blondie4lyfe245 4 жыл бұрын
Crow huh that’s odd
@thechoseone456
@thechoseone456 4 жыл бұрын
Yeah, that's a common one. "Work for atudents". A quick Google or search on glassdoor'll tell you all you need to know about the company. For ours at UH it was "Vector Marketing". We saw ads of that company everywhere. Though they've since changed name multiple times, they're always around on campus.
@zzzzzzzzzz779
@zzzzzzzzzz779 4 жыл бұрын
The accuracy in this statement man.
@smol_chilli_pepper
@smol_chilli_pepper 4 жыл бұрын
In my first year of college I was invited to a meeting at the student union on campus not knowing it was a pyramid scheme. They tried to tell us that school wasnt important and told stories about how much money they made and the places they travelled ect. The speaker wore a flashy watch and I remember him telling us not to listen to those that discourage us from joining because you should only listen to financial advice from ppl who made money ie them. I didnt speak up, I just decided that I wanted nothing to do with it after that night. The guy who invited me called me the next day and tried encouraging me to join and to get my family members to purchase membership as well but he quickly realized that i wasnt trying to get trapped
@jae151
@jae151 4 жыл бұрын
someone wants to recruit me telling he gain a lot of money, but when he asked me to buy the products to be a member I asked him to lend me some money cause he have enough and he is overly confident that it will have profit, he walked away.
@rage_2000
@rage_2000 4 жыл бұрын
*Facebook games in 2012:* invite your friends to gain gifts *Me a paranoid:* that’s a pyramid scheme!
@mynamesbigmynamesbigmyname4757
@mynamesbigmynamesbigmyname4757 4 жыл бұрын
That actually is, a lot of Facebook game used the pyramid scheme to get player. At least you don't get "schemed" bcz you paid nothing
@warmike
@warmike 4 жыл бұрын
@@mynamesbigmynamesbigmyname4757 also, these games are usually very pay to win
@miak.5196
@miak.5196 3 жыл бұрын
@@warmike yes, the fb game dragon city is one example.
@jasonander4964
@jasonander4964 3 жыл бұрын
@@miak.5196 wait that’s a Facebook game? WHAT? wait Mia khalifa why are you here
@Endless20162
@Endless20162 3 жыл бұрын
@@miak.5196 not really since you can easily hack it.
@ilgobbyeol3251
@ilgobbyeol3251 3 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.
@ErnestJay88
@ErnestJay88 5 жыл бұрын
Simple, if it's "Too good to be true" it means too good to be true, like "invest in our company $10, and then you will got $1.000 next month"
@sumeiyahsyeda9386
@sumeiyahsyeda9386 4 жыл бұрын
I see you you sneky decimal
@jacopocongiu6917
@jacopocongiu6917 4 жыл бұрын
Sumeiyah Syeda Ernest Jay is probably European, where dots are used instead of commas
@justicewarrior9187
@justicewarrior9187 4 жыл бұрын
Imagine the first guys who invested in Warren Buffet company in the beginning... Invest 10 000 and get 1000 000 000
@halneufmille
@halneufmille 4 жыл бұрын
The worst of all: when they make their sales pitch at your dinner party.
@blondie4lyfe245
@blondie4lyfe245 4 жыл бұрын
halneufmille oof just happened😭😭
@tokugawahisaka07
@tokugawahisaka07 4 жыл бұрын
When the manager of your paper company tries to sell you on his wife's candle scheme while the ossobuco is braising.
@awmelee2908
@awmelee2908 4 жыл бұрын
Sean H. Ceo of comedy ^^^
@tamarquaye
@tamarquaye 4 жыл бұрын
I once had someone try to pitch their scheme to me at my grandad's wake lol.
@JozelleRenia
@JozelleRenia 4 жыл бұрын
Tamara wow! That’s so low
@467076
@467076 4 жыл бұрын
Red flags: Has Entrepreneur in his bio, is a fitness "model", has a "sign up for my seminar" or his name is Tai Lopez lmao Change my mind.
@starr970
@starr970 4 жыл бұрын
🤣🤣
@kartikmadaan7081
@kartikmadaan7081 4 жыл бұрын
And he's constantly sending you reminders about his seminars xD
@Gremlor
@Gremlor 4 жыл бұрын
Damn you Tai Lopez!
@fredaaa-
@fredaaa- 4 жыл бұрын
Taylor St Jean :O
@ps_omni
@ps_omni 4 жыл бұрын
😂😂😂😂
@kevin084life
@kevin084life 3 ай бұрын
2 years ago I left a pyramid scheme job before I even knew what a pyramid scheme was. This video explains it perfectly.
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