[Trending Now] Pyramiding: Can NETWORKING Make You Rich? Here's the Reality Behind It!
Many people find it annoying when a person encourage them to try an opportunity that would bring them bundles of money without having to b...
Many people find it annoying when a person encourage them to try an opportunity that would bring them bundles of money without having to be worn out of work or employment. These encouragement are usually seen on Facebook posts and other forms of social media.
Networking and its products are what these people are selling and because of the large number of people trying out this opportunity, it is hard to contain the names of different networking companies in a single box. So what is Networking in its sense?
Is it a pyramiding scam?
Thedailypedia.com published an infograph showing the structure of networking and how it works to obtain many people. Basically, the recruitment process of a networking works as the same as pyramiding where the person on top recruits his downline, the downlines will recruit their downlines and so on. However, the difference between the two lies down on the profit or product present in networking so the participants do not just have to put in money like what pyramiding scams characterize.
So basically, no matter how a person works hard to earn money from this structure, he still needs to recruit people to be his downlines. A person can have money through selling his products but without a downline, he can never get his dream car, his dream house or dream tour destination because all of these huge amount of money will come from downlines after downlines after downlines.
Will it make a person rich?
The answer to this question depends on the enthusiasm and diligence of a person. A person who is more enthusiastic and more dedicated always wins this game.
For an instance, Person A and Person B both invested the same amount of money in a networking company which sells products that would help a person lose weight. Person A is not as keen as Person B in finding people to be his downlines. He is contented selling his products to his regular customers. Meanwhile, Person B embodies the characteristics of an annoying recruiter-he regularly posts on Facebook and other social media, works hard everyday and was able to recruit at least two downlines as enthusiastic as him, he definitely will get richer than Person A. Person B’s downlines are delivering money for him even without having to sell his products.
Is Networking A Road to Richness?
Again, this depends on the level of enthusiasm and persuasiveness of a person. If a person has the likes of Person B, he is likely to get rich but it does not mean that people in his downline will experience the same. It will still depend on how keen and industrious are they.
However, people like Person A cannot be easily regarded as lazy since the ability to get rich in this business is still undergoing debate in the marketing circle. In addition, there are also reported rumors of the up line taking advantage of their downlines.
Because of this speculations, it is evident that networking is still a questionable discourse that requires extensive research and study to be understood.
Meanwhile, the US Federal Trade Commission serves people some sort of a warning:
“It’s best not to get involved in plans where the money you make is based primarily on the number of distributors you recruit and your sales to them, rather than on sales to people outside the plan who intend to use the products”-US Federal Trade of Commission.