Doing research as opposed to providing merely my "take" or what I think, I can confirm that it is not.
A pyramid scheme does not sell a product and the people at the top always make more money than the people below them. Neither is the case with World Ventures. They sell a product and every individual member has every opportunity to earn more than the person that signed them up.
By definition, World Venture's model is not a pyramid scheme. Let's provide facts as opposed to our gut feelings. Answers.com deserves at least that.
Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all. The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.
Yes!
Index Ventures was created in 1996.
It is basically a pyramid scheme but legal, people get paid a percentage for what people below them do. It is most definitely NOT a pyramid scheme. MLM (multi-level marketing) is a business model wherein a company pays commissions to affiliates who introduce people to the product. These people may then become customers who in turn repeat the process. That is the most simple explanation. A pyramid scheme is a a scam where people simply pay into the "pyramid" but never get a return on investment. The only ones making money are at the top of the "pyramid". MLM is a legitimate, if not slightly misunderstood, business model that can generate residual income. Like any business, one must put forth some effort to see a return. The problem with this industry lies with people who make false promises of huge riches. Success in any business is not guaranteed, but for the right type of person MLM can be profitable.
It's commonly called - a pyramid scheme.
Yes. It is pyramid scheme.
A Pyramid Scheme
A popular type of marketing scam is the pyramid scheme. Many cultures around the world have constructed pyramids.
yes
Pyramid scheme
Those people who invested in a pyramid scheme and got out successfully before it crashed got lucky. That's all. The goal of the starter of the pyramid scheme is for those who get paid will re-invest their earnings hoping for the earnings to compound. This will keep the pyramid alive longer.
It should be regarded as most likely to be an MLM or pyramid scheme.
I personally love being a member of World Ventures.
Yes it is.
Yes!
A Pyramid Scheme is a money-making strategy. Its formation looks like a pyramid structure. First, the investors keep promoting the business and recruiting new investors in bulk. For more information visit here on.. @ financialfundrecovery
A cash gifting program is like a pyramid scheme. A pyramid scheme is a business model that promises participants payment for enrolling other people in the business.