Thursday, September 22, 2016

How The National Wealth Center Promotes A Scheme

By David Baker


The job market can be a treacherous place, and the Online employment boom is no exception. While there are many legitimate ways an individual can make a living online, there are a million bogus sites planning quick wealth as well. Most easy money programs promoted, such as the National Wealth Center, are nothing more than masked pyramid schemes that only benefit those who built it.

The idea behind most of these programs is that they are selling a digital product which is supposed to teach you how to make money online. Digital products are basically a joke, as the information is available to all for free if one does a little digging. When attempting to establish a business in the Online community, having a true, physical product or service is what one needs.

The cosmetics industry taught us how the independent contractor sales market can work, and many people became successful in these careers. These tried and true companies are still out there, and still recruiting new affiliates every day. Anyone willing to sell cosmetics, vitamins, cooking tools, or books can find a new career right at their fingertips.

A pyramid scheme is going to try and sell information which they will claim is something special or private, and cannot be released publicly. They try to make the potential affiliate feel special. At the end of it all, the only thing the affiliates are selling is this same package of information to other potential affiliates.

Those who initiated the pyramid schemes are the only ones who really make any money in the long run. They do not really care about the quality of the product they are advertising. They also do not really care about keeping affiliates for the long-term, as their real goal is to get as many new affiliates signed on for a few months as they possibly can.

The notion is that if they can fool enough people to buy a one-month membership, then they will continue to make money off of these first-time buyers. They do not really care about the quality of the information they call their product. The point is selling memberships more than teaching people how to start a business.

For those companies who are legitimate, their initial start-up cost will probably be more than the membership fees charged by a pyramid scheme. Many of these companies require their members to buy the products up front, then it is up to them to make sales. A smart investor has a list of customers already set up before making their initial investment.

The Internet is no different than the physical market. If a person or organization has an inferior or bogus product, then those who are unfortunate enough to sign onto the program in the beginning get taken for a ride. When trying to start a business, it is always good to sell an actual product rather than simply passing themselves off as possessing some sort of special information no one can obtain from anywhere else.




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1 comment:

  1. Thanks for taking the time to discuss this, I feel strongly about it and love learning more on this topic. If possible, as you gain expertise, would you mind updating your blog with more information? It is extremely helpful for me. How To Cope With Failures When It Comes To Achieving Success

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