How to be a cranky troll: Guide to IGNORE all useful feedback
(Author's note: This is written as a contrarian piece... The advice is BAD for you, and you are meant to do exactly opposite of all this. Got that? Okay, enjoy.)Do you have absolute belief in yourself,...
View ArticleMLM, Religion, and Feminism: synergy, or triple threat?
I was reading this article on Vox about multilevel marketing by Kate Shellnutt when I had an epiphany: MLM's rise to prominence matches rise of feminism to mainstream, and it is connected to...
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How to spot shady opportunities V2.0: a 10 item checklist
NOTE: This was a rewritten version of the guide back in 2014.World is full of Shady Opportunities that want you to put in money with promises of payback. Here are ten signs of shady schemes. Obviously...
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OPINION: With HLF consenting to reforms, and Burks of ZeekRewards Guilty,...
July 2016 has been a busy month.On July 15, 2016, news was released that Herbalife has reached a settlement with the Federal Trade Commission where HLF agreed to a LONG list of reforms and pay a $200...
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SEC Halts Traffic Monsoon Ponzi Scheme, Reasserts that "Autosurf Ponzis" are...
The internet buzz on July 28th 2016 was the press release that SEC has halted the $207 Million Ponzi scheme called Traffic Monsoon.Traffic Monsoon was operated by Charles Scoville, as a combination...
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Cognitive Bias: Status Quo Bias
Status quo bias goes by many names, but to put it simply, "if it works why change anything" Any change form the current situation is judged to be unacceptable.Scam victims often suffer from status quo...
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Eric Worre is wrong about Dave Ramsey: or, why MLM advocates only knows...
If you are in the US, you probably heard of Dave Ramsey, who had been giving financial advice for decades as a radio call-in show (i.e. he goes live on air and lets normal people call him and he gives...
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Where do these MLMers get their "facts"? Certainly not from this reality.
In attempting to engage with some MLMers regarding their unbridled enthusiasm, I've since found out they seem to be armed with a lot of... nonsense from somewhere. They surely don't seem to have...
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Scam Tactic: "Don't knock it until you try it" slogan is very bad advice
One of the most common arguments for income schemes is "don't knock it until you try it", i.e. "it paid me so it works". This is actually a VERY flawed argument. Recently I came across the Skeptoid...
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Scam Psychology: How Threshold of Collective Behavior Affects Victim's Mindset
Readers of this blog have remarked that they are very surprised at how a victim will refuse to acknowledge s/he is a victim, despite very clear evidence that are indisputable, repeatedly demonstrated,...
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Cognitive Bias: Sunk Cost Fallacy
Answer this following question to yourself, truthfully please. Remember, it's for you and you alone. Only you would know the answer.Q: Do you make rational decisions based on the best-estimate future...
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Scam Psychology: Cognitive Biases that leads to bad money decisions
Recently Lifehacker posted an article about cognitive biases that lead to bad money decisions. They are, obviously, perfect described the mindset of an MLMer. Indeed, MLMskeptic here has covered most...
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Scam Psychology: The "Hard Work" Narrative vs. the Luck Factor
The words "hard work" often appears in the MLM supporter's arguments or narrative trying to discredit their "opponents". Any one who failed can be explained away as "they didn't work hard enough".The...
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Scam Tactics: Whip Up Fear, Provide "Solution", Take Your Money under false...
A lot of so-called "entrepreneurs" (read: MLM noobs) are so fond of repeating marketing speech they don't ever stop and wonder WHY are they doing what they're doing, and whether it makes any sense. One...
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Bad Argument: Citing Celebrity Endorsement as Evidence despite Celebrities...
It is a fact that celebrities have said some of the kookiest stuff in public includingEarth is flat (claimed by a rapper)Cancer is caused by "negative attitude" (claimed by a TV show host)Homeopathy...
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Bad Argument: Flip the Burden of Proof
One of the most often tactics used by bad arguers is refuse to prove anything, even when you prompt them "where's the proof?" Instead, they claim it is YOUR responsibility to give THEM proof that...
View ArticleApology for lack of updates
Apology to followers of this blog. I went off to do some other things but rest assured, this blog is NOT being abandoned.I am working on a couple posts right now, I should have something with in 24...
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MLM Basics: Numbers Needed To Profit
One of the hardest things to analyze in a MLM is "How Much Money Will I Make".The stupid ones recite the slogan: "As much as you want!"The weasel ones add a disclaimer, "As much as you want (don't...
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MLM Basics: Why is MLM so... addicting?
Many people who are NOT in MLM wonder WHY MLM seems to be so addicting to its participants, and even as members lose money month after month. After all, an "entrepreneur" is supposed to be making...
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One unexpected victim of Ponzi schemes: College Sports
Did you ever consider where are the ponzi scheme victims? I mean, you usually think that the ponzi scheme victims are rich folks like Madoff victims, right?You'd be very wrong.ZeekRewards had an...
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