Leadership Team Development / Scam and cheating
Yesterday I was interviewed for LTD and asked to attend a talk which would give me more details about the company (I didn't even get the name of the company until I asked). I wasn't allowed to keep the rep's brochure for 'tax purposes, ' so I knew something seemed out of place. Still, the talk was free, so I thought it couldn't hurt.
It was revealed during the talk that the 'supplier' of LTD's products is Amway, and as a contractor, the main source of my income would be getting new recruits, rather than selling products. The speaker literally spent about two minutes explaining how LTD and Amway are not pyramid scams (technically they aren't, but they're darn close), and then proceeded to confuse the definitions of a pyramid and a Ponzi scheme.
The worst part was that my current employment situation was used as an example of how bad the economy is, and how it's not as good a means of support as LTD. This is personal information that I did not give the speaker permission to share (he used my name in the presentation). I was later asked questions for demonstrative purposes that I gladly answered, but I still did not appreciate the first time I was used for his presentation.
LTD is supposed to be a web-based business, but it was clear that the speaker does not understand how eCommerce works. LTD's business model appears very weak, and requires constant recruitment to maintain any kind of cash flow. They create 'alternative' websites for companies to sell products, but why would a company need them? If a company can sell a product from its own online store, it makes no sense to pay someone else to sell it for them.
I was honestly tempted to just stand up and warn everyone in the room about this obvious MLM scam, but I opted to cause a scene and instead posted here. I hope the people who attended the talk get a chance to read this.