Showing posts with label Pyramid Scheme. Show all posts
Showing posts with label Pyramid Scheme. Show all posts

Sunday, August 31, 2014

How to answer the Pyramid Scheme question

How to answer the Pyramid Scheme question
Rayven here from Direct-Sales-Supplies.com. When it comes to this industry, one question that is very common is "is this a pyramid scheme?" Even if you are offering a well-known business opportunity you are likely to hear this from someone. You might even be curious about it as well. So right now I want to take some time discuss how to answer this.

In the early 1920s, Charles Ponzi, an Italian immigrant, invented the pyramid scheme. Back in those days, postage reply coupons were exchanged in foreign countries for stamps. And since some areas of the world had a struggling economy, a postal reply coupon had a varying exchange rate.