Quote:
Originally Posted by hockeycop
From your description, it is a textbook pyramid scheme. Stay away.
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No, it's not a "textbook pyramid scheme".. A pyramid scheme is defined as an organization that does not deal in product and only transfers money. A pyramid scheme would ask for X amount of cash for an initial investment, which would be spread to the person who recruited you and the person who recruited them etc etc.
FHTM (No I am not involved, but I have done research) involves an initial investment for an extremely overpaid business license, which then gets paid to your recruiter and their recruiter. FHTM does involve selling phone and internet time to fullfill their legal requirments, but their money is made by constantly recruiting other people, because that's where virtually all of their profit comes from. I would avoid it because it doesn't seem to be an organization based on coaching people and developing them to create residual income, but more an organization based on continually recruiting people for the use of a single paycheque.
Hopefully this helps.