pyramid scheme youtube

If you join an MLM program, the company may refer to you as an independent “distributor,” “participant,” or “contractor.” Most MLMs say you can make money two ways: Your recruits, the people they recruit, and so on, become your sales network, or “downline.” If the MLM is not a pyramid scheme, it will pay you based on your sales to retail customers, without having to recruit new distributors. Egypt’s geographical advantage eroded over time, as military technology progressed and other civilisations became more powerful. They may say you can change your life – quit your job and even get rich – by selling the company’s products. Most people who join legitimate MLMs make little or no money. There was a logic to their use of Ancient Egyptian symbols, and especially pyramids, to convey longevity – the first pyramid in Egypt was constructed nearly five millennia ago and is still standing. Pyramid definition is - an ancient massive structure found especially in Egypt having typically a square ground plan, outside walls in the form of four triangles that meet in a point at the top, and inner sepulchral chambers. The higher the initial … You may even have to buy products before you’re eligible to be paid or get certain bonuses. Meanwhile, the Ancient Egyptian civilisation which constructed the aforementioned pyramid had a recorded history of some three millennia (from the early dynastic era before 3000 BC to the fall of the Ptolemaic dynasty in 30 BC). Not only have other powerful states narrowed the geopolitical and economic gap between themselves and the country once seen as the “sole dominant global power”, America itself seems to be unravelling. In addition, Egypt was so wealthy and technologically advanced, it was, for the most part, able to see off any potential threat quite easily. After all, we do not face the centralised, nationwide challenges facing a pre-modern society seeking to harness the power of a mighty river in an otherwise hostile environment. This does not mean that we need to roll out a command economy like that of the pharaohs. “You only make money based on people who enter after you. Your income would be based mostly on how many people you recruit, not how much product you sell. They communicated this desire through Ancient Egyptian iconography and symbology. How much money did you make last year, after expenses? Eventually, most distributors find that no matter how hard they work, they can’t sell enough inventory or recruit enough people to make money. They also ensured that the country could take the time to develop its own unique civilisational model largely untroubled by outside threats. Often in a pyramid scheme, you’ll be encouraged or even required to buy a certain amount of product at regular intervals, even if you already have more inventory than you can use or sell. Moreover, though Egypt was advanced for its time and able to build things we’d be hard pressed to emulate in the modern world, the technology and complexity of the modern world would be bewildering to the Ancient Egyptian. This is eloquently expressed in the first (of many) recorded strikes in human history, when unpaid artisans in Egypt downed tools to protest against late wages and the pharaonic system’s failure to perform its duties under ma’at. One famous example of this is the pyramid visualizing Maslow’s Hierarchy of Needs. From the colossal obelisk erected in the capital to commemorate George Washington, to the pyramid on the reverse side of the Great Seal of the United States, the early rulers of America widely used Ancient Egyptian symbols to signify the strength and durability of their young state. Instead, it became more localised, with a decentralisation of power, greater economic equality and more social mobility. Khaled Diab is an award-winning journalist, writer and blogger. What percentage of the money you made came from selling the product to customers outside the MLM? The founders of the US intended to build a political system that would stand the test of time. Moreover, the claim that the success of the Ancient Egyptian civilisation makes the case for autocracy overlooks the checks and balances that were built into the Egyptian system. “The Nile Valley, despite being at the crossroads of the Mediterranean, Asia, and Africa, works in a way different to any other place on Earth,” explains Xekalaki. You also may have to pay repeated fees for other items, like training sessions or expensive marketing materials. First, claiming the Ancient Egyptian system was superior to democracy ignores the core rationale for democracy. The image of the pharaoh as a benevolent despot has been used to defend Egypt’s modern-day dictators, by suggesting that Egyptians understand no other way of government. This means that America’s rise and decline were spectacularly fast. How many people have you recruited? The latest country to enter the fray of frailty is the United States. But there are still two important lessons modern states can learn from Ancient Egyptians. How much inventory did you buy from the MLM last year? With this complexity, comes a heightened level of vulnerability and fragility, as the COVID-19 pandemic has shown us with its disruption of global supply chains. by selling the MLM’s products yourself to “retail” customers who are not involved in the MLM, and. GURPS support for fantasy, modern, and sci-fi campaigns! The Ancient Egyptians did not receive that memo. 1,570 backers pledged $34,547 to help bring this project to … Bernie Madoff, American hedge-fund investment manager and former chairman of the NASDAQ stock market. Some also end up deeply in debt. That kind of business is called multi-level marketing (MLM) or network marketing. When what climatologists call the African Humid Period abruptly ended, causing the Sahara desert to revert to its natural dryness, the nomadic hunter-gatherers in what was to become Egypt faced a stark choice: adapt, move on or perish. That’s a lie. At the ninth level of a pyramid scheme in which each member must recruit only nine new members, 387 million or more people must be members to sustain the business, surpassing the population of the US, according to the Cornell Legal Information Institute. Second, and perhaps the greatest lesson we can learn from this ancient civilisation, relates to the role of the state. Pyramid schemes are set up to encourage recruitment to keep a constant stream of new distributors – and their money – flowing into the business. In addition, the company may say you can earn lavish rewards, like prizes, bonuses, exotic vacations, and luxury cars. Not only were Egyptian workers well compensated for their labour, including some reports of state healthcare, they also knew how to stand up for their rights. How much do you owe? Have you borrowed money or used your credit card to fund your business? They can look remarkably like legitimate MLM business opportunities, but if you become a distributor for a pyramid scheme, it can cost you and your recruits – often your family and friends – substantial time and money. So what was behind the remarkable staying power of Ancient Egypt and are there any lessons the modern world can draw from it? These inferences, however, are built on several gross misunderstandings. Washington, DC, would even have an actual pyramid today, if a certain John Pope’s ostentatious design for the Lincoln memorial had been approved by Congress. Spanning some three millennia of recorded history, Ancient Egyptians built a state to last. Often in a pyramid scheme, you’ll be encouraged or even required to buy a certain amount of product at regular intervals, even if you already have more inventory than you can use or sell. It is also apparent in the political shambles that followed the expensive political circus that passed for an election, as well as the increasingly vicious tribalism devouring its societal bonds and institutions. Egyptians believed they lived in the best society and the idea of leaving their paradise on Earth was unthinkable. Recent decades have seen governments lose significant power to global corporations and the private sector. Here are some tips to help protect yourself against a bad MLM experience: Ask tough questions and dig for details. To put this long history into perspective, the pyramids were already ancient when the Ancient Romans took over Egypt and turned it into a province of their empire. Egypt, in contrast, never strayed far from its historical frontiers and focused its energies on maintaining its internal prosperity and security. “It’s a pyramid scheme,” LendingTree Chief Economist Tendayi Kapfidze tells Yahoo Finance. This process started with the weakest and poorest countries but now extends to even the most powerful. Don’t consider it nosy or intrusive: you’re thinking about starting a small business. What it means is that governments must embrace their role as the ultimate guarantors of citizen welfare and the equitable distribution of wealth. The Ancient Egyptian experience suggests that a greater role for the state would be good both for the wellbeing of the individual and the future viability of the state itself. US detains wife of Mexican drug cartel chief El Chapo, How Britain stole $45 trillion from India, ‘Extremely promising’: 1st dose of COVID vaccine cuts illness, Al Jazeera Centre for Public Liberties & Human Rights. He is the author of Islam for the Politically Incorrect (2017) and Intimate Enemies (2014). A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products.As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. People who become involved in an illegal pyramid scheme may not realize they’ve joined a fraudulent venture, and typically lose everything they invest. Not only did they settle down in the Nile Valley to become sedentary farmers, they also managed to innovate effective ways to harness the mighty fertile power of the river and to keep the unforgiving hell of the desert at bay. 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