Comments on: Daily Blog Summary - May 12 http://www.fulltiltblogging.com/blog/2008/05/12/daily-blog-summary-may-12/ Internet Lifestyle Blog with Josh Eyestone & Aaron Abber Wed, 17 Mar 2010 02:39:28 +0000 http://wordpress.org/?v=2.5 By: Aaron at FullTiltBlogging.com http://www.fulltiltblogging.com/blog/2008/05/12/daily-blog-summary-may-12/#comment-560 Aaron at FullTiltBlogging.com Tue, 13 May 2008 12:12:00 +0000 http://www.fulltiltblogging.com/blog/2008/05/12/daily-blog-summary-may-12/#comment-560 In any market taking advantage of people is a short-term strategy that will put you out of business. Several funny things about Chow's review. Though the stated author is Chow, it doesn't seem to reveal much understanding of how business actually works. Any business, not just the reverse funnel. Also it implies that in order to "do" this business you have to invest $3,000.00 for a "secret product." It also implies that when you purchase said product the people two tiers up from you each receive $1,000 in commission. If this is accurate I believe there is a strong possibility it is a Ponzi scheme and, as such, would be illegal in the US. It strikes me as odd that Chow wouldn't be aware of that, but I haven't spent $50 just to find out. Maybe Chow wanted the cash--$1,000 commissions add up quickly--but it seems strange to me. In any market taking advantage of people is a short-term strategy that will put you out of business.

Several funny things about Chow’s review. Though the stated author is Chow, it doesn’t seem to reveal much understanding of how business actually works. Any business, not just the reverse funnel.

Also it implies that in order to “do” this business you have to invest $3,000.00 for a “secret product.” It also implies that when you purchase said product the people two tiers up from you each receive $1,000 in commission. If this is accurate I believe there is a strong possibility it is a Ponzi scheme and, as such, would be illegal in the US.

It strikes me as odd that Chow wouldn’t be aware of that, but I haven’t spent $50 just to find out. Maybe Chow wanted the cash–$1,000 commissions add up quickly–but it seems strange to me.

]]> By: Lightening@Lightenings Blogworld http://www.fulltiltblogging.com/blog/2008/05/12/daily-blog-summary-may-12/#comment-559 Lightening@Lightenings Blogworld Tue, 13 May 2008 07:59:58 +0000 http://www.fulltiltblogging.com/blog/2008/05/12/daily-blog-summary-may-12/#comment-559 That article by Garry Conn was great. It seems like there's a bit of backlash amongst bloggers to restore some of the "make money online" image that has been tainted by people who'll make money without any concern for who they might step on in the process. That article by Garry Conn was great. It seems like there’s a bit of backlash amongst bloggers to restore some of the “make money online” image that has been tainted by people who’ll make money without any concern for who they might step on in the process.

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