So a little background, my older brother has a lot of health issues (started with a genetic thing and kind of spiralled), he had to drop out of his PHD program (got a amsters0 and now lives with my parents (he's in his mid 30's, definitely not the dream life)
So he gets me on the phone a few days ago and tells me he has a gig as a "financial advisor" but he needed to come run his shpiel by me and the wife as part of the training, ok? , I mean thats a little odd but not red flag territory, plus he was vague. I was just psyched he had a real job lined up (he's been job hutning for years, his masters is in a STEM field btw not underwater basket weaving)
So it turns out its selling insurance through the "PHP Agency", his recruiter guy came as well (he didn't mention this) and the whole time I was like "oh ok, insurance sales, thats fine thats still a job and you can do pretty ok if you can hustle" but then at the end (guy still sitting their) my brother turns to me and says he needs a "business partner" ,I was like..."do you need me to loan you money for the insurance sales tests? or..." , some back and forth questions (me asking about the commision structure etc) , well it turns out if you get three "down line" guys (a term I through out that made the recruiter sort of uncomfortable, yeh buddy, I've been hit up by herbalife before!) they increase your commission on new sales.
anyway, I made the guy uncomfortable, my brother was totally oblivious even as he left my house and I just now finally got around to telling my brother his job offer is BS.
These MLM guys keep finding a new angle though, my word.
The last one was a few years back, nurse I worked with got involved with a travel package MLM.
Anyway I told my brother if he wanted a job doing this to contact Edward Jones.
Anyone have any good MLM / Pyramid Scheme stories to share?
So he gets me on the phone a few days ago and tells me he has a gig as a "financial advisor" but he needed to come run his shpiel by me and the wife as part of the training, ok? , I mean thats a little odd but not red flag territory, plus he was vague. I was just psyched he had a real job lined up (he's been job hutning for years, his masters is in a STEM field btw not underwater basket weaving)
So it turns out its selling insurance through the "PHP Agency", his recruiter guy came as well (he didn't mention this) and the whole time I was like "oh ok, insurance sales, thats fine thats still a job and you can do pretty ok if you can hustle" but then at the end (guy still sitting their) my brother turns to me and says he needs a "business partner" ,I was like..."do you need me to loan you money for the insurance sales tests? or..." , some back and forth questions (me asking about the commision structure etc) , well it turns out if you get three "down line" guys (a term I through out that made the recruiter sort of uncomfortable, yeh buddy, I've been hit up by herbalife before!) they increase your commission on new sales.
anyway, I made the guy uncomfortable, my brother was totally oblivious even as he left my house and I just now finally got around to telling my brother his job offer is BS.
These MLM guys keep finding a new angle though, my word.
The last one was a few years back, nurse I worked with got involved with a travel package MLM.
Anyway I told my brother if he wanted a job doing this to contact Edward Jones.
Anyone have any good MLM / Pyramid Scheme stories to share?
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today
