Internet Marketing

Are you familiar with ponzi schemes?

They are the kind of things where you put in money that benefits mostly the people higher up in the chain. Usually they function by offering promises of massive earnings with little work. Nothing happens without work so the impossibility of these kind of schemes is clear. It is possible to make a good income online but I switch off every time I see the word matrix because then I know we are looking at a ponzi. The numbers game shows how it is impossible for more than a very small number of people to make money from these schemes.

Now let me make this clear

Ponzi schemes are illegal

Yep, promote one and you are at risk of having the Feds descending on you for operating an illegal business. You can use whichever payment processor you want only to have them freeze your account too. Just do a search to find people complaining how paypal has frozen their accounts. The Federal Trade Commission close them down as they spot them and, for once, I agree with the FTC.

So what would I advise?

At the simplest level wwhat is needed is due diligence. That means checking the scheme that you are considering. If it mentions the word matrix then it is most likely a ponzi and it should be avoided.

You can develop a profitable business online but you can also get a lot of problems if it is done wrong. Avoid the ponzi schemes and do your own thing to avoid these problems.