Wednesday, May 03, 2006

Are you eager to get more money? Beware!

The following suggestion or guideline from FTC is very good to follow. Consider these seven tips when you make your decision:
  1. Avoid any plan that includes commissions for recruiting additional distributors. It may be an illegal pyramid.
  2. Beware of plans that ask new distributors to purchase expensive inventory. These plans can collapse quickly and also may be thinly disguised pyramids.
  3. Be cautious of plans that claim you will make money through continued growth of your "downline" -- the commission on sales made by new distributors you recruit rather than through sales of products you make yourself.
  4. Beware of plans that claim to sell miracle products or promise enormous earnings. Just because a promoter of plan makes a claim doesn't mean it's true! Ask the promoter of the plan to substantiate claims with hard evidence.
  5. Beware of shills -- "decoy" references paid by a plan's promoter to describe their fictional success in earning money through the plan.
  6. Don't pay or sign any contracts in an "opportunity meeting" or any other high-pressure situation. Insist on taking your time to think over a decision to join. Talk it over with your spouse, a knowledgable friend, an accountant or lawyer.
  7. Do your homework! Check with you local Better Business Bureau and ...??? especially when the claims about the product or your potential earnings seem too good to be true.

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