Tuesday, August 17, 2010

Is "quixstar" a legitimate business opportunity?

It is legal.





It has a 99.996% failure rate though.





You have to pay them to work for them.





Yet they keep finding suckers.





They say you can make 6 figures, which is at least $100,000.





According to their web site, only 2 in 50,000 have made their level to make at least 6 figures. That is a 0.004% success rate.





If you pay them $200, and you have a total of 25,000 recruits under you, they have made $5,000,000. Of which you get nothing. If they paid you out of that, they would be an illegal pyramid scheme. This means that an illegal pyramid scheme is a much better deal.





If they put that 5 million into tax free munis, which pays only about 4% per year, they would be making $200,000 per year, tax free. There is your six figures, and tax free, You won't get a dime of that either.





Instead, you sell their products, buy their stuff, and maybe someday you will realize you have been screwed. The only good thing about being screwed like this, is that you won't get pregnant from it.

Is "quixstar" a legitimate business opportunity?
The Internet and Network Marketing


Rock and a hard place





http://mlm-research.vipfire.com





Best,


Robert
Reply:I suppose you could call it that, but all your friends will hate you.
Reply:Yes it's legitimate and you can make money at it but like others have said it does take work.





...And to the person who said it has a 99.996 failure rate -- are you saying that if a person makes less than six figures -- say only $60,000, that they are a FAILURE?????? I'd have to respond by asking what is it that YOU do?
Reply:Yes, but a bunch of people will tell you its a scam. It's the oldest direct selling model known to man. But its not easy and you won't make money quick either. And its all legal. Robert K. and Donald Trump support the model in their new book why we want you to be rich. But like I said, just like any other small business, more than 95% of all people fail.
Reply:When looking at any business opportunity, ask three basic questions:





First, how difficult is it to enter or leave that field? If it's cheap/fast/easy to get into, then lots of people will do it and push your profit margin down to where you're just moving a commodity, not selling a product/service.





Next, what is the value that you add to the product/service as you pass it along to the consumer? I buy cars through a dealer because they can help locate the car I want, can provide maintenance and repairs on it, and they have a reputation that gives me confidence in the quality/value of the car and the knowledge that they'll stand behind it. Conversely, I do my own taxes with Turbotax because for me a tax preparer doesn't contribute enough to the process to offset his/her cost to me...no bigger refund, significantly lowered risk of audit, significant time/effort savings, etc. What do you add to the equation as a quixstar seller?





Finally, what expertise to you have regarding the products/services/industry you want to move into? If your earlier career was working as a dentist, then starting up a shop that makes dentures might make sense, while opening a Harley dealership might not. Be wary of any business opportunity that requires zero prior training/expertise or promises to teach you on the job.
Reply:It is amway on the internet. It is not a scam by any means. A lot of people will say it is, but they either tried the business and did not put enough effort into it, or stay with it long enough and failed, or they lost money in it somehow. I have an associate in my business who does it and she loves it. She loves the products too. It just depends if it is something you believe in!


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