Imagine if your mentor was not trustworthy

What would you do if you found out your mentor was scamming you and everyone they come in contact with online? Would you still consider them your mentor? Would you still join the scam programs they send your way? Do you even know how to tell if your mentor is trustworthy?

There is a very simple way to tell what your mentor is doing to make their money. If they are getting you to signup to programs like Total Take Over, Global Ad Share, Cashbot.ca, Five Dollar Funnel, Crazy Cash Club. These types of programs are all variations of Ponzi and Pyramid schemes. Program like these are designed to make 85% of the money brought in to flow up to the owner while you’re sitting their promoting to make them money.

This section below is directly from the investor.gov website:

When considering joining a MLM program, beware of these hallmarks of a pyramid scheme:

• No genuine product or service. MLM programs involve selling a genuine product or service to people who are not in the program. Exercise caution if there is no underlying product or service being sold to others, or if what is being sold is speculative or appears inappropriately priced.
• Promises of high returns in a short time period. Be leery of pitches for exponential returns and “get rich quick” claims. High returns and fast cash in an MLM program may suggest that commissions are being paid out of money from new recruits rather than revenue generated by product sales.
• Easy money or passive income. Be wary if you are offered compensation in exchange for little work such as making payments, recruiting others, and placing advertisements.
• No demonstrated revenue from retail sales. Ask to see documents, such as financial statements audited by a certified public accountant (CPA), showing that the MLM company generates revenue from selling its products or services to people outside the program.
• Buy-in required. The goal of an MLM program is to sell products. Be careful if you are required to pay a buy-in to participate in the program, even if the buy-in is a nominal one-time or recurring fee (e.g., $10 or $10/month).
• Complex commission structure. Be concerned unless commissions are based on products or services that you or your recruits sell to people outside the program. If you do not understand how you will be compensated, be cautious.
• Emphasis on recruiting. If a program primarily focuses on recruiting others to join the program for a fee, it is likely a pyramid scheme. Be skeptical if you will receive more compensation for recruiting others than for product sales.

My Take On These Scams

This is where i add some much needed insight to these types of programs. There are other names for these programs, and they are cyclers and matrix programs. These are all designed to take your money to pay members that came in before you. The owners and promoters of these programs care not about you they only want your money. They will not lead you to any legal programs as they do not know how to make money legally.

Lets get into the matrix programs and how they work.

Matrix programs have been popping up weekly if not daily and the way the work is to take your money. It does not matter when you join, or who you join under. The majority of the money you blindly put into these program goes straight to the owner of the program. They try to make you feel like you are getting something from them that you cannot get anywhere else.

This is pretty easy to do, and they know it. How do they know you will feel like you can’t get what they offer elsewhere? Well, they know most people on the internet are lazy and will not do any research. They know that you will not bother to ask or seek out any other way to get what they offer. They also know that you really don’t want to know the truth because you are only interested in the money, they say you will make. Most if not all these matrix programs offer the same crap that you can find online for free.(if you look) The owners take old ebooks and repackage them with a new name and say these are New.

Next you have the ones that want to add a matrix to advertising like Global Ad Share, Global Fortune 11 which are owned by the same person. And just the same you fall for it due to having your blinders on and not wanting to know the truth or just don’t care that you as a promoter of these programs you are scamming the ones you bring in.

Then you have these programs that you cannot even figure out what they are selling. The reason is they are not selling anything, all they want is your money and nothing else.

Then you have programs like Crazy Cash Club that claim you will make 16,000 in your first day. Really
When you look into this program you will discover they are a front to suck more money out of you when the so-called group or club joins other money matrix programs or cyclers. It is a scam from the get-go, and you will be wise to stay away from it.

Ask yourself: Is the person i follow helping me or just using me to get my money?

Till Next Time