Our sack of rotten muck Amway Platinum required all "serious business builders" to purchase a Premier Membership to World Wide Dream Builders, according to the company's website. The cost is $49.95 per month.
What benefits does an IBO receive from WWDB in exchange for this fantastic "business" investment?
The majority of the time, they receive a portal web page. This is the web address that you give to any unsuspecting customers in order to attract them to shop online at "your" store. You have your own link. You can also make minor changes to the appearance of your web page. In the event that you are one of these bizarre individuals who enjoys XS Energy Drinks, you can advertise this on your gateway page. I believe you have the option of including your name and phone number as well. It goes without saying that everything is connected to Communikate. Additionally, add additional $35/month for the texting programme, which you'll be required to pay by the Platinum.
You also received a discount when purchasing Amway books and CDs from the suggested list as part of your monthly membership. Now, don't get too excited because it's not a significant discount. Maybe a buck or two off the price. If you buy them used off Craigslist or Ebay, or even new from Amazon, it will be less expensive, but you will be a very bad little IBO for trying to save money instead of purchasing from WWDB/Amway so that your upline can earn from the tools you have purchased from them.
At a conference that we attended, our Emerald expressed interest in purchasing a website. As far as buying WWDB Premier membership goes, I believe he was skirting around the issue because he did mention that he paid $50/month for the website - which coincidentally is a nickel less than the cost of a WWDB Premier monthly membership and is the only tool that is promoted at Amway meetings that includes a web page portal.
The Emerald then stated that if you purchase a website, the money will go to Amway and World Wide, not him.
Despite the fact that he is probably partially correct, the money does not go to him. After all, he's only an Emerald after all. If you've read Eric Scheibeler's book Merchants of Deception, you'll know that he discusses income sharing from the Amway tool scam. The Diamonds are the primary beneficiaries of the tool scam's income. As an Emerald, he was paid approximately $900 for presenting at a conference or party, but these opportunities were few and far between as he was. I'm a little fuzzy on the specifics because it's been a couple of years since I read the book, but I believe he received a tiny discount on the tools, which he was then able to sell to his downline at retail cost, and he received the profits as compensation.
As a result of his book and the experiences of other Emeralds who have written about their experiences on the Internet, I believe it has also come to light that they do, on occasion, receive a share of the proceeds from the Amway tool scam, but this is contingent on the generosity of their upline Diamond. Because they are the greedy jerks that they are, the majority of Diamonds refuse to participate in the earnings from the tool swindle with a poor Emerald.
Scheibeler also stated in his book that he was earning somewhat more than $35,000 per year from Amway, which was far less than the amount of money he had anticipated earning at this level with approximately 1000 downline members beneath him. The former Emerald in question claimed to earn between $2000 and $3000 per month from his Amway business, according to a video I saw on YouTube a few years back. His other revelation was that the money was simply not there, and that there were more honest ways to make more money than that. As a result, he decided to leave the company.
Around the time that Ambot eventually consented to leave Amway and began reading Merchants of Deception - which, of course, was unknown to his upline, who would have been appalled! - he came across the book Merchants of Deception. The piece of trash Platinum had sent out a message stating that the Emerald needs a fence to be constructed. He was inquiring as to whether anyone in the group knew of someone who could give those services. Ambot genuinely knows someone who runs a fencing company, according to his friends. Then Ambot laughed and remarked that because the jerk only earns Emeralds, he can't afford to employ someone to build a fence for him!
For the luxury of "being around the Emerald," I believe the Emerald was successful in enlisting an army of IBO slaves to come out and work for free for her benefit. Further to his claim that the money does not get to him, he claims that the money does not go to his downline either!
Yeah! That's a great deal! Free labour is available. What you pay for is what you get. I'm certain that fence came tumbling down in the first severe wind!
The Money Doesn't Go to Me:
Deconstructing the Fallacy Behind Quick-Rich-Quick Schemes
The documentary titled "The Money Doesn't Go to Me" investigates the world of get-rich-quick scams, shedding light on the misleading practices utilized by a variety of unscrupulous businesses. The purpose of this in-depth tale is to inform readers about the risks and repercussions involved with these schemes, with an emphasis on the significance of financial literacy and critical thinking in the quest of genuine riches and success.
The allure of easy money is discussed in Chapter 1.
The reader is given an introduction to the alluring allure of get-rich-quick schemes in the very first chapter of the book. This chapter explores the human need for instant prosperity, the psychology that lies behind the appeal of easy money, as well as the emotional vulnerabilities that con artists take advantage of. It lays the groundwork for understanding why people fall for these scams and the consequences that they have to face as a result of their participation.
Chapter 2: Pyramid Schemes Unveiled
This chapter focuses on pyramid schemes, which are one of the most common forms of schemes that promise rapid and easy wealth. The construction of pyramid schemes, the ways in which they rely on recruitment rather than on legitimate economic activities, and the inevitable collapse that leaves the majority of participants with nothing after participating are all covered in this article for the readers. In addition to this, the chapter discusses some of history's most notorious pyramid scheme scandals, as well as the legal proceedings that were made against them.
Ponzi schemes are discussed in Chapter 3, "The Illusion of Investments."
This chapter examines Ponzi schemes, which is an expansion on the overall topic of financial fraud. The readers learn about the fraudulent nature of Ponzi schemes, which are investments in which earlier investors are paid with cash from later investors, giving the impression that the earlier investors have made profits. This chapter explores some of the most notorious Ponzi schemes in history, as well as the disastrous effects these schemes had on their victims and the long-term effects they had on the financial industry.
Exposing Fraudulent Practices in the Forex Market
Scams involving currency exchange (also known as FX) have become increasingly common in recent years. Scammers in the foreign exchange market often make false claims about the gains that may be achieved by trading in the foreign currency market, and this chapter debunks those claims. The reader will obtain an understanding of the dangers associated with foreign exchange trading, the usual schemes used by con artists, and the significance of carrying out exhaustive research prior to making any financial commitments.
The risk of being a victim of cryptocurrency fraud is discussed in Chapter 5.
The prevalence of fraudulent activities related to cryptocurrencies is increasing in tandem with the rise in popularity of cryptocurrencies. This chapter delves into the shadier side of digital currency, illuminating the world of cryptocurrency fraud and initial coin offers (ICOs) that are not what they seem to be. When interacting with the bitcoin market, readers gain an understanding of the importance of exercising caution and maintaining a healthy level of skepticism in order to avoid falling victim to fraudulent investment opportunities and pump-and-dump schemes.
Recognizing the Danger Signs is the focus of Chapter 6.
This section provides the reader with the tools necessary to spot the warning signs that are associated with get-rich-quick schemes, building on the knowledge obtained from the preceding chapters. It includes frequent red signs such as unrealistic claims of large returns, pressure to recruit others, a lack of transparency, and emotional manipulation as few examples. Readers may protect themselves and make decisions about their finances that are based on accurate information if they comprehend these indicators.
Promoting Financial Literacy and Awareness is the Subject of Chapter 7.
The final chapter focuses on the significance of fostering financial literacy and awareness as fundamental defense mechanisms against cons. It highlights the importance of knowledge as well as critical thinking in order to successfully traverse the complicated landscape of wealth generation and investing. In addition to this, the chapter provides a discussion of resources and organizations that offer trustworthy information, so equipping readers to make prudent decisions regarding their finances.
The conclusion of "The Money Doesn't Go to Me" acts as a cautionary tale, illuminating the deceitful nature of get-rich-quick scams and advising readers to approach the process of wealth building with skepticism and informed decision-making. This narrative intends to encourage financial literacy and awareness by analyzing the attractiveness of various fraudulent initiatives as well as the consequences of engaging in such activities. As a result, individuals will be better equipped to defend themselves and pursue genuine chances for financial success.
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