World Financial Group (MLM/Pyramid Scheme)

[Shabeer]

Where do I begin?

So, my brother is 17-years-old, and we both have identical mindsets and goals we have set out to achieve in life. He has a job as a salesman for the Globe and Mail (a newspaper company) and was doing very well. He called this one lady who loved him as a salesman, but didn't want the product. She took down his number and called him as soon as he finished work that day. Long story short, this woman recruited my brother to WFC (World Financial Group). This company loved my brother, and asked him if he knew anyone with a similar mindset to him (he isn't technically old enough to work with them yet). He said me, and now we are here.

I paid the $145 fee to start with the company. And attended one of their events yesterday - where they sold almost 3000 people a dream and made promises that made me shake my head in disbelief.

I am now with them, and I am not sure whether this is a good opportunity or another pyramid scheme that I should get the hell away from. I remember a lot of key notes from the millionaire fast lane regarding slow lane dogma like this business. But I wanted to here from you guys, and maybe MJ himself, or anyone else who may have worked with WFG before. I have a feeling that I could make lots of money with this system, but I am not entirely sure, based on the people I have encountered from WFG so far. Me and my brother both read the millionaire fastlane and wanted to come here to ask for guidance/help/advice. Thanks.

 

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[lowtek]

get out while you're only down the $145.

 

[Dunkafelics]

I am guessing these guys pitch mutual funds and insurance with an MLM recruiting structure?

 

[inputchip]

I randomly met a nice lady in a shoe store once who tried to recruit me into this group. It's a classic MLM scam. Stay away. They want you to believe that you will do well with them. The truth is 99% of the people who join these types of MLM's end up making pennies.

Put your efforts into building your own business. If you have the determination and grit to do well within the constraints of an MLM scam, then imagine what you can do on your own terms. Don't waste your time on them.

 

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[Denim Chicken]

MLM bro. Have family members in it and a few years ago I showed up to "dinner" and they proceeded to introduce and talk and then started to talk about financial freedom. A girl there claimed to have left work at Amazon for this amazing opportunity.. yeah ok.

 

[AllenCrawley]

With all the threads on this forum regarding MLM and the clear disdain MJ displays in his book about MLM, I'm surprised (not surprised) threads like this pop up from time to time.

#thisisapyramidscheme

 

[Laughingman21]

As you only signed up yesterday, you could find out if there's a cooling off period. Here in the UK, it's a legal requirement to have a 7 day cooling off period for some of these types of things so you can get your money back if you change your mind.

 

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[MJ DeMarco]

This forum: 1+1 = 2
My first book: 1+1 = 2
My second book: 1+1 = 2
My 100+ posts on the topic: 1+1 = 2

Gee, XYZ says 1+1 = 3.

What does MJ think?

 

[Duane]

Always go with your gut feeling.

Success never comes easy, and if someone starts spouting nonsense about how you could easily make $XXX,XXX/year, run.

 

[Jav100]

When I was out of work, a distant cousin of mine called me out of the blue and became more friendly. I told him I wanted to start a business. He said he had a bus opportunity for me, over the phone. I asked him what kind of business but he would not give details. He said to come over his house and we will talk there.

So I go over the house and he has a few other people there and then he says let's watch a video - it was a promotional video for some MLM company selling consumer goods and they needed people to help them sell

Long story short, after 10 minutes I just stood up, being infuriated I had wasted my time driving and going there and politely left.

Never talked to that cousin again. I was more upset that he would waste a family members time. But he really bought into the stupidity.

Lesson learned: never waste your time if you don't have an idea what the meeting or business is truly about


Sent from my iPhone using Tapatalk

 

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[c_morris]

 

[BrooklynHustle]

Where do I begin?

So, my brother is 17-years-old, and we both have identical mindsets and goals we have set out to achieve in life. He has a job as a salesman for the Globe and Mail (a newspaper company) and was doing very well. He called this one lady who loved him as a salesman, but didn't want the product. She took down his number and called him as soon as he finished work that day. Long story short, this woman recruited my brother to WFC (World Financial Group). This company loved my brother, and asked him if he knew anyone with a similar mindset to him (he isn't technically old enough to work with them yet). He said me, and now we are here.

I paid the $145 fee to start with the company. And attended one of their events yesterday - where they sold almost 3000 people a dream and made promises that made me shake my head in disbelief.

I am now with them, and I am not sure whether this is a good opportunity or another pyramid scheme that I should get the hell away from. I remember a lot of key notes from the millionaire fast lane regarding slow lane dogma like this business. But I wanted to here from you guys, and maybe MJ himself, or anyone else who may have worked with WFG before. I have a feeling that I could make lots of money with this system, but I am not entirely sure, based on the people I have encountered from WFG so far. Me and my brother both read the millionaire fastlane and wanted to come here to ask for guidance/help/advice. Thanks.

Sounds like a classic pyramid scheme from the way you describe it

Consider the $150 a fairly inexpensive education & run the other way. Congratulations on figuring it out early!

 

[BrooklynHustle]

This forum: 1+1 = 2
My first book: 1+1 = 2
My second book: 1+1 = 2
My 100+ posts on the topic: 1+1 = 2

Gee, XYZ says 1+1 = 3.

What does MJ think?

Anything is possible?

 

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