Our Platinum mandated that all serious company builders purchase a Premier Membership to World Wide Dream Builders as a condition of participation. 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 Quixtar 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 occasionally receive a piece of the tool scam pie, but that 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: Uncovering the Fraud Behind Exploitative Financial Schemes is the book's full and official title.
The book "The Money Doesn't Go to Me" is an exhaustive investigation into predatory financial schemes that take advantage of people's aspirations to amass wealth in a short amount of time. This engrossing story digs into the deceitful methods used by con artists and sheds light on the disastrous consequences that are in store for people who are duped by their schemes. This article attempts to equip readers with the knowledge they need to protect their financial well-being and make decisions that are based on accurate information by dissecting the complexities of the exploitative practices that are being discussed.
The Illusion of Easy Money is Discussed in Chapter 1.
The allure of quick wealth is laid out for the reader right from the beginning in the book's first chapter. It investigates the psychological elements that make individuals susceptible to get-rich-quick schemes, such as the need for financial stability, the fear of losing out, and the hunt for rapid satisfaction. Specifically, it examines the desire for financial security, the fear of missing out, and the quest for instant gratification. This chapter lays the groundwork for comprehending how con artists take use of these loopholes in order to exert influence on their victims.
The pyramid game and the downward spiral are the topics covered in Chapter 2.
The focus of this chapter is on pyramid schemes, which are one of the most common and pervasive types of exploitative financial schemes. The reader is provided with an overview of the workings of pyramid schemes, with a focus placed on structures dependent on recruiting, as well as the unsustainable nature of the business model. It shows the severe effects that individuals who join these schemes experience, as well as noteworthy historical examples of pyramid schemes that have collapsed in the past.
Ponzi schemes: robbing Peter to pay Paul is the topic of Chapter 3.
This chapter digs into Ponzi schemes, which are an extension of the topic of fraudulent financial schemes discussed previously. Readers learn how Ponzi schemes work, in which initial investors are rewarded with cash from future investors, thereby maintaining the appearance of profitability despite the fact that the plan is actually losing money. This chapter examines some of the most well-known Ponzi scheme cases, the extensive impact those cases had, and the legal repercussions that the perpetrators of those schemes faced.
Investment Scams and Empty Promises are Discussed in Chapter 4
Scams involving investments are the topic of this chapter, specifically those that promise extraordinary returns with very little to no risk. It investigates the methods that con artists use to persuade naive people to invest their money in questionable ventures, such as making false claims about the potential for big returns, claiming to have insider information, or claiming to have unique access to profitable markets. The reader gains an understanding of the repercussions that victims must endure after investing their hard-earned money in these frauds.
Identifying Fraud in the Forex and Binary Options Markets Chapter 5
In the next section, we will discuss fraudulent actions that take place in the foreign exchange (FX) and binary options markets. The reader will obtain an understanding of the deceptive methods that are utilized by con artists, such as making bogus claims regarding their level of experience, manipulating trading platforms, and providing misleading advertising. Before making investments of this kind, the chapter stresses how vital it is to have a solid grasp of the dangers that are inherent to these markets as well as the significance of conducting thorough research.
Scams Involving Cryptocurrencies and the Unsavory Aspect of Digital Assets is the Topic of Chapter 6.
Scams involving cryptocurrencies are becoming more commonplace as the market for virtual currencies continues to expand in popularity. This chapter sheds light on the numerous types of fraudulent activity involving cryptocurrencies, such as initial coin offers (ICOs) that aren't real, Ponzi schemes that appear as cryptocurrency investments, and phishing scams that target people who aren't paying attention. The reader is provided with the knowledge necessary to recognize these cons and safeguard their money in the bitcoin market.
Building Financial Resilience and Safeguarding Yourself is the Topic of Chapter 7.
The final chapter focuses on providing the reader with the tools they need to safeguard themselves from predatory financial schemes. It offers actionable tips on spotting the warning indications of fraud, completing in-depth research prior to investing, and consulting reputable financial professionals for guidance. The need of financial literacy, knowledge, and skepticism as essential tools for the protection of personal finances is also emphasized in this chapter.
The moral of "The Money Doesn't Go to Me" is that exploitative financial schemes are rife with dishonest methods, and this story serves as an effective cautionary tale to highlight these issues. This narrative's goal is to equip readers to navigate the financial world with care, skepticism, and educated decision-making by exposing the strategies that are utilized by fraudsters and providing details about such tactics. Individuals can protect themselves from being victims of these scams by increasing their awareness of them and making a commitment to improving their financial resiliency. In doing so, they can ensure their financial well-being and pursue legitimate paths that lead to riches and success.
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