Multi Level Marketing Or Pyramid Schemes? Which Is Better
~2.0 mins read
In case you’re looking at a business vocation, you might be thinking about taking an occupation at a staggered showcasing (MLM) organization. Yet, before you do, there are some significant things you have to think about this dubious plan of action—and what the thing that matters is between a real MLM business and an illicit fraudulent business model.
Staggered showcasing versus fraudulent business models
MLM, likewise called organization or referral advertising, is a business technique that involves offering items or administrations through individual to-individual deals. (Picture an individual selling Tupperware, magnificence items, or dietary enhancements to purchasers.)
Workers of MLM organizations are recruited as self employed entities (read: no medical advantages or compensation) that go about as “merchantsâ€â€” which means, they bring in cash by selling the item or administration straightforwardly to different customers. Another way MLM laborers get paid is by selecting new wholesalers into their “downline,†permitting them to get a bit of the deals that their volunteers make.
While numerous MLM organizations are lawful, the Federal Trade Commission (FTC) effectively polices the business for MLM plans.
Fraudulent business models are deceitful tricks that take after the MLM plan of action. The key distinction: In a fraudulent business model, a salesman’s salary depends exclusively on the number of individuals they select to join their downline, not how much item they sell. Moreover, fraudulent business models can cost contractual workers and their enlisted people—frequently loved ones—generous time and cash.
Indications of a fraudulent business model
MLM conspires frequently work on display, however you can spot them by keeping an eye out for these notice signs:
Guarantees of “quick cash.†Don’t succumb to luxurious guarantees about your gaining potential.
Shiny pictures of enterprise.
Join charges. Have your gatekeeper up in case you’re informed that you have to put away cash to begin bringing in cash.
Bad quality items or administrations. Additionally, be wary of organizations that guarantee their items contain “marvel fixings.â€
The organization has been sued for tricky strategic policies.
Instructional meetings are costly.
More noteworthy accentuation on enlistment than on item deals.
Is a MLM work ideal for you?
In excess of 20 million grown-ups the nation over are current or previous members in staggered showcasing organizations, speaking to a $36 billion industry. Be that as it may, MLM occupations have earned unfavorable criticism for their high disappointment rate. Undoubtedly, just one-fourth of members said they made a benefit, an ongoing AARP study found—and of the individuals who did, 53% made under $5,000.​
Besides, almost half (47%) of MLM laborers revealed that they lost cash, which may clarify why more than four out of 10 (44%) of MLM members quit the business in under a year.
Naira Marley has canceled his planned demonstration to protest police brutality and call for the government to end SARS.
The singer had stated that he would lead a protest today (read here) to call for change after many young men and women narrated the horrific harassment SARS officials have subjected them to.
This morning, he returned to Twitter to ask his fans, Marlians, to stand down. He stated there will be no protest for now.
He tweeted: “We won’t be protesting anymore because there’s a lot of changes being made right now. As a Marlian we will give them a week to see the changes and if there’s no changes we will start a mass protest. #togetherwecan.â€
A number of his followers were not pleased with this announcement and they called him out.
Naira Marley cancelled the protest after the police released a statement, addressing the concerns of Nigerians while disclosing that an Instagram Live Chat has been scheduled with Naira Marley today to discuss the way forward.
The Nigerian police tweeted: “@officialnairam1 The Inspector General of Police wishes to inform Nigerian youths that their voices and complaints on the issues of unprofessional conducts by some SARS operatives have been heared very loudly and clearly.
“The Force is irrevocably committed to changing these narratives and undertaking far-reaching reforms to reposition SARS and other Tactical Squads for better service delivery.
“The Orders and restrictions on the operations of SARS and others already issued by the IGP are just the initial steps out of the many reforms planned for the Tactical Squads.
“The Leadership of the NPF will work with the Ministry of Youth and other stakeholders, including Youth leaders, youth entrepreneurs, CSOs and others in formulating and implementing consensual reforms.
“Today, Tuesday 6th October, 2020, by 11am, the Force PRO- DCP Frank Mba will be having a live instagram chat with Naira Marley to answer questions and discuss the concerns of young Nigerians on the issues of SARS operations and other burning issues. Please stay tuned
One day, a young guy and a young girfell in love.But the guy came from a poor family.The girl’s parents weren’t too happy.
So the young man decided not only to court the girl but to court her parents as well. In time, the parents saw that he was a good man and was worthy of their daughter’s hand.But there was another problem: The man was a soldier. Soon, war broke out and he was being sent overseas for a
year. The week before he left, the man knelt on his knee and asked his lady love, “Will you marry me?†She wiped a tear, said yes, and they engaged. They agreed that when he got back in one year, they would get married.
But tragedy struck. A few days after he left, the girl had a major vehicularaccident. It was a head-on collision.When she woke up in the hospital, she saw her father and mother crying.Immediately, she knew there was something wrong.She later found out that she suffered brain injury. The part of her brain that controlled her face muscles was damaged. Her once lovely face was now
For one year, the soldier wrote many letters—but she wouldn’t answer. He phoned her many times but she
wouldn’t return her calls.
But after one year, the mother walked
into her room and announced, “He’s back from the war.†The girl shouted, “No! Please don’t
tell him about me. Don’t tell him I’mhere!â€The mother said, “He’s gettingmarried,†and handed her a wedding
invitation. The girl’s heart sank. She knew she still loved him—but she had to forget him now.With great sadness, she opened the
wedding invitation. And then she saw her name on it! Confused, she asked, “What is this?â€That was when the young man entered
her room with a bouquet of flowers. He knelt beside her and asked, “Will you marry me?â€
The girl covered her face with her hands and said, “I’m ugly!â€
The man said, “Without your
permission, your mother sent me your photos. When I saw your photos, I realized that nothing has changed.You’re still the person I fell in love. You’re still asbeautiful as ever.Because I love you!â€
No Capital Needed:4 Jobs That Will Earn You Money Than Internet Fraud
~4.2 mins read
Yahoo Yahoo also called cyber crime seems to be the trending job among youth these days. It is a vice that has eaten deep into the flesh of some youths with the objective of 'quick money, no stress'. I don't know their full mode of operation, but I know they pose as people that they aren't then scam others. As far as the Nigerian law is concerned, online fraud is a crime. In this article, I will share with you 4 jobs that will earn you more money than online fraud. I know you're shocked that they're actually jobs that pay more than internet fraud.
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The first is affiliate marketing.
I know you might have heard about this, and you probably want to know more. What is affiliate marketing? What does it take to be an affiliate marketer? Age requirement and restrictions?. My simple definition of affiliate marketing is a kind of job or a process of promoting a product and earning a commission or profit on every sale you make. Let's say you promote a products worth N20,000, you might be given a commission of 10% which is N2,000. Imagine 50 people buy that same product through you (2,000×50=N100,000)on just a single product.
You can even have more customers by owning a website or YouTube channel where you can share your affiliate link to drive more people to purchase your product. I think once you're 18 and above, you're qualified for the affiliate marketing program. There are different affiliate marketing program you can sign up for (Amazon, Jumia, Konga and the list goes on).
Personally, I think and know this is better than scamming people because you're making your money even without a capital and it's legitimate. I know people that make million in a month without leaving the comfort of their homes.
Youtubing
You watch people's YouTube videos everyday but, do you know they get paid for it? If you're a Nigerian you can earn so much from it because the monetization is in dollars. If you don't have enough gadgets, like a video camera, studio lights and all that, you can still make a proper video from the comfort of your home. Once you have an Android phone with a clear camera and enough video editing apps, you're good to go, lol.
How do I monetize? In order to monetize you need to reach a balance of $100 or more from views. You'll have to garner at least 20,000 views if you get paid for $5 per 1,000 views. Once you're successful enough to attract more traffic to your channel, you can advertise on it and get paid for the ads.
Just choose the niche that will attract people, entertainment, cooking and skin care etc. All you have to do is to post interesting videos, isn't this better than scamming people? Isn't it quicker and legitimate? Of course it is. Through youtubing, you can make people purchase your product like i mentioned earlier, by putting the affiliate link in the description box.
Ebooks writing
If you will ask me, I think if you're well educated then you have a writing skill even if it's little. You need a space and discovery for that skill. For example, I never knew I could be a free lance writer but, thanks to opera news hub for giving me the space. So, are you a writer already? Or an upcoming one? There's an opportunity for you to make money by just writing ebooks. Ebooks writing is an act of writing and publishing educative books for sale on various online platforms. The common online store people use for this is Amazon.
To be a successful eBook writer, you need to chose a topic that matches with the interest of your audience. Break down each chapter as you write it for the sake, use comprehensive English that even the layman will understand. Design your eBook and most importantly MARKETING! You'll have to market your eBook everywhere you can, because the more people read it, the more you make profits.
According to a popular website called author's earnings about 200,000 ebooks writer on Amazon earn $10,000 or more a year. You can be part of the 200,000 if you are consistent in writing and if you're able to capture the reader. You can even add affiliate links that's related to the theme of the eBook, but you'll have to be careful because not all booksellers allow affiliate links.
E-commerce
This is also known as electronic commerce or internet commerce refers to the act of buying and selling of goods and services using the internet. If you don't have goods to sell, you can be a middle man. For example, you can inform people who want to sell properties to make sales through you. They'll give you a percentage of goods brought. Unlike affiliate marketing, the commission is not fixed. If you sell a piece of land for 10 million naira, you can agree with the seller and receive a commission of 500,000 or more. The higher the price of products sold, the higher the commission.
You can also buy goods at wholesale price then resell with a profit attached to it. You'll need to have a strong audience on various social media platforms like Facebook and Instagram. This is a quick way to make money which many people are ignoring. All you need is a enough audience that will purchase your products.
The most interesting part of these jobs is that, you can work from the comfort of your home and most times, you don't need a capital to start. These jobs are the best one can do during this pandemic. They're flexible, comfortable and easy to start up. Remember, online fraud is a crime and does who indulge in it should be ready to bear the penalties.
Thanks for reading. Please make sure the click the 'follow' button, like and share this article too.
HALF THE WOMAN... A STORY BY E PLUS The Storyteller.
~4.0 mins read
*HALF THE WOMAN* A Story by E PLUS the storyteller..
She flipped the door open and walked straight into her office. Full of rage, she screamed!!! Almost immediately, her secretary ran in.
"Ma, are you okay?" The secretary asked, quite concerned. She gave her a stare that answered her question.
"Sorry ma." The secretary apologized as she hurriedly left the house.
Back to herself, she pondered over the last meeting held by the company. The teaming, ganging and conspiracy was quite obvious.
She could perceive his undaunted effort to intimidate her. She reflected on his hard and mean stare, then suddenly she burst into laughter, hysterically as she paced about her office.
"What a world!!" She exclaimed. "There she was, the last fool standing!" She thought. A part of her just felt like letting go all the hurts, pains and disappointments yet another part screamed: "Vendetta! Vendetta!" She wondered what her name , `Esther' stood for or what she stood for. All through her life, she had always sought to prove her worth. There she was, face to face with the man who stripped her off her innocence at the age of 6! She thought she had put that past behind her after years of deliberately and cautiously working her way to the top of her career.
"Such a monster! How did he get here suddenly? and to think he had become the new chairman of a conglomerate she had contributed so much to" She thought still pacing about her office.
Okay! Maybe this was a very big opportunity to get even, after all just like the proverb states: "Revenge is best served, when cold." Yes! This was the chance she needed to erase the unpleasant history of her life. Still fuming with the fury and rage she felt within, her phone rang.
" Hello!" She exclaimed and there was no response. Quite startled, she waited for a while yet no response.
"Hello!" She repeated. "Hello" A voice responded. "I can perceive an unrest in your voice." The caller said. Quite hesitant, she shuddered. "Who is this?" She continued. "Rather, the question is: who are you?" The speaker reacted. She remained still for a moment as she pondered over who the speaker could possibly be. "You called me, I need to know who you are." She snapped. "Okay, I know I have had privileges, great choices and amazing platforms to strive on yet I bursted them all for momentary pleasures and ostentatious life style. I know I am that person who never appreciated the worth of being alive and privileged. I know I am that person who deprived others of their daily meals just because I was greedy and over ambitious. I know I am that person who sought to ruin other people's effort just to become more visible and relevant in the corridors of power. I am that person whose sins over flows from a depth of a deprived mind and just when it seemed I had become exhausted and sapped by this unenviable life style, I wanted to end it all! Until I met you! My role model, my motivator, my inspiration! Your tenacity and persistence is worthy of emulation and sets a good standard. My wish Today? Is to be HALF THE WOMAN THAT YOU ARE! This is an admirer." The speaker said and dropped the call.
Almost immediately, she sat down and stared at the phone. "An admirer?" She whispered. Then the phone rang again and she received the call.
"Madam, the new chairman wants to see you now." The caller said.
"Okay, I will be in his office." She replied and dropped the call and headed out. As she got close, she exhaled, this time with a resolution to face her past, eye ball to eyeball without fear or intimidation, after all: "old things are past away and behold all things have become new." besides her life was someone's dream, she thought as she reflected on the last call she had received.
"I can only be grateful to God for the brand new Esther" She whispered as she knocked on the door.
"Come in." The new chairman responded.
HALF THE WOMAN. A Story by E PLUS the storyteller.
Remember your past stays in the past, never let it drag you back. Look forward to a brand new story of your life as you allow God take control!
For more piece and works of E PLUS the storyteller (Ejiro Emenike. Ukaumune.) Click on
Reality star Mercy Eke joins #EndSARS protest in Lagos State
She tweeted :
A country that has consistently failed over the years to make living conditions better for its citizens should not at the same time condone the principalities of the country to intimidate, oppress, and maim the same citizens it had failed to provide for. #endsarsnow #endpolicebrutality #endsars
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