Poverty is impossible - at least according to all those offers flooding us daily with their promises of generous wealth without additional work. Many of those offers turn out to be Multi-Level-Marketing (MLM) opportunities. Well - either MLM has voided the limits imposed by mathematics, of MLMs are just plain fraud. Or, and that thought may come as a surprise, the offer isn't MLM at all - but simply a scam. In times when even average people on Main Street are sucked in by cryptocurrency fraudsters with buzz words like "Bitcoin" and "BTC-Investment", when financial fantasies are running wild and bringing back memories of the late 90's tech bubble, the paradise lost for fraudsters and scammers, in such times some words of clarity seem in order. This book discusses whether you ever will be able to generate a profit with MLMs or if those constructs are more or less generally rip-offs. Is there even a single legit pyramid scheme? The book lays out in front of you the inner workings of how MLMs are supposed to operate and why they quite frequently just don't function at all. You'll read the 7 criteria you can use to figure out if you should continue listening to your "old buddy" from highschool, or if you better slam the door close right in front of him. This book doesn't use generalized judgements of the "everybody knows..." kind; instead, it shows in detail why certain aspects are important and how you use them. All that glitters is not gold, but not everything in the trash heap is trash, either. The author is certainly not adverse to the concept of network marketing as a model. However, he has severe issues with the large numbers of dangerously negligent promoters and the related sizeable number of outright criminals, whose games need to be stopped - better sooner than later. The author also is quite clear about government being the very last institution we should look to for help - after all, these very governments are operating the largest of all ponzi schemes. The government volunteering help against fraudsters in the muddy waters of multi-level-marketing is akin to the pot calling the kettle black. Instead, the author shows how this swamp can be dried up quickly by providing compact and understandable information. Since MLMs are international in nature, discussed topics include aspects from an US as well as from an EU point of view.
About the Author: S. Ralf Carter is self-employed and business owner since more than 30 years; about half of this time, he has been performing diverse functions in the software industry. Wherever there has been the opportunity to try wrong decisions, Ralf Carter most likely did try them or at least did experience in real time how business partners had to work through the consequences of their suboptimal decisions. During the second half of his career, he additionally provided (and still provides) his experience for the training of entrepreneurs and business start-ups. Born in Germany, over the years he has called several parts of the world his home. Right now, a sunny Mediterranean island is his residence of choice.