World Financial Group - coming soon to a friend near you

[undercoverbrother]

Originally Posted by ken0042

Instead of the broad insults, why not offer a bit of an explanation? You obviously know your financial stuff, so you'd be a great person to give a quick run down.

It would be like somebody who isn't technical making a thread about something that is an IT related question. Instead of that person being told they are clueless, the techies would try to help them out.

I like your moderating style

[Flabbibulin]

I am not too familiar with WFG, but aren't they structured like any other Network Marketing company- ie. the product is mostly irrelevant and what they are actually selling is the business. Most of the income and residuals an ''employee" sees comes from recruits in the company and not from selling product. I might be wrong, but isn't this how virtually every MLM works? Your sales pitch is about recruiting sellers and not finding buyers.

I can't trust a company where any unqualified joe off the street can become an employee provided they pay the fee and a percentage of their profits to the individual that recruited them... and once again, the profit doesn't come from product, but from other recruits. MLM is innocent enough I suppose when the alleged product is some inconsequential thing like cleaning solution where the skill and knowledge level of the recruits is mostly irrelevant... something different though when you're talking about an industry that normally requires years of training.

[Hack&Lube]

Just like everything from Amway to Scientology, they make money from suckers and pyramid schemes and recruitment of more suckers into the fold. Everybody pays a fortune for seminars, auditing, books, meetings, CDs, courses etc. that you "can't live without" and paying thousands of dollars for garbage is the only key to success.

The only net benefit these things bring to society is that it helps identify those people who have low IQs. There are so many people from high school, university, past jobs etc. that call up with the same tactics (irrelevant which MLM/religion they belong to) and try to sell something and they all sound the same.

[macker]

The best thing you can do is be rude to anyone trying to get you roped in. You are doing them a favor in the long term. Tell them you are embarrassed for them that they are involved with such a scheme/company Tough love