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Check out this picture. From the camera angle do you have any trouble seeing some red flags. From the
photographed persons angle, maybe he could not see those red flags. The closer he looks the more likely it is that he will notice that he is in trouble. He should be more than just a little concerned.
The California Attorney’s General office raised the red flags on YTB, aka Your Travel Biz, recently with a 25 million dollar law suit. Now mlmwatchdog reports that a 100 million dollar class action law suit has been filed by a St. Louis legal firm and that the Illinois AG is working with the California AG.
The red flags were being rasised on YTB long ago. There is no reason anyone should be caught off guard. Check out this link. Reality Check
Critical thinking network marketers that I know had no problem seeing the red flags right away years ago.
Possibly even YTB realized their fate prior to the California AG’s law suit, as they notified the public of plans to change from network marketing to a franchise system. Major red flag announcement.
What should be of concern to the network marketing community is the bad light that is put on us when these situations arise. The public and even many network marketers do not understand that there is no such thing as an illegal network marketing pay plan. If a pay plan is illegal, then it is not network marketing. It is only an illegal pay plan disguised as a network marketing pay plan.
From one angle, we are happy to see the government take action. But on the other hand, people associate them with us. Even worse, there are many more still in business.
Can people make money in these illegal plans? Yes, and some people will make huge amounts of money. But many will lose, and the longer one is allowed to exist, the more people will lose and the worse they make the network marketing industry look. What if the government just let them be? They typically do for a while. It takes time and money to investigate and prepare for a law suit.
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August 16th, 2008 at 5:52 pm
I think your photo says it all …
Danger! Danger! Danger! The Red Flags are more than obvious here.
I also agree with your thinking about the industry, in general, and how those of us in a reputable, streamlined network marketing company will be frowned upon as a result of the actions and behaviors of “less than stellar” companies like YTB.
MentoringForFree is the answer to learning how to steer clear of online opportunities that set people up for failure. There’s nothing else like it and no better place to go for education, coaching, and skills training.
~Melanie
August 16th, 2008 at 11:47 pm
Don,
I just want to know that guy got rescued just like I hope everyone in YTB gets rescued. Until joining Mentoring for Free, I could and was duped too. This information is so important, starting with Success in 10 Steps by Michael Dlouhy.
Nicki