Why do the business schemes like Amway/GoldQuest/Herbalife etc always collapse, with the 1% forerunners/organizers absconding and rest 99% of the members crying foul? Lets analyze their business model to find out the truth behind Amway and other fraud pyramid schemes. “Dude, I am working on a part time business for additional income and would like to invite...Read More

Some three decades ago, Nirmal Singh Bhangoo was a milk seller near the India-Pakistan border in Punjab’s Attari. In 1996, he founded PACL Ltd—then known as Gurwant Agrotech—Read More

One of my abiding memories of growing up in a small town is of my father and his friends talking about insurance agents and chit fund agents taking money and disappearing. Usually the agent used to be someone known to them. One story that I remember is of the local dhobi's (washerman's) son raising money for a chit fund and then disappearing.

The present day v...Read More

Direct selling industry is estimated to reach up to INR 2,36,543 million y 2019-20, according to Indian Direct Selling Association (IDSA)-PHD Chamber of Commerce and Industry Annual Survey Report 2014-15. The gross sales by Direct Selling Industry has registered the growth rate of about 6.5% in 2014-15 as compared to 4.3% in 2013-14, informed Rajat Banerji, Chairman, IDSA. There i...Read More

Network marketing, also known as multi-level marketing or direct sales, is a business model consisting of independent contractors buying into a company. The contractor then earns a commission on the products they sell themselves, and the products that are sold by recruits that have joined the contractor’s sales team. The aspects ...Read More

Independent Contractor Compliance Recently, Mary Kay, Inc. was sued in New Jersey for allegedly misclassifying a class of direct sellers as independent contractors in violation of the New Jersey Wage Payment Law. While there are direct seller exemptions from laws governing unemployment insurance, workers’ compensation, and the payment and withholding of...Read More

The Office of Consumer Affairs is warning people to be vigilant about pyramid schemes. Fraudulent financial scams, often pitched as legitimate business opportunities, can appear to be an attractive ways to “get rich quick”, according to a press release from Consumer Affairs. A spokesman stated: “Typically with pyramid schemes, participants are often asked to ...Read More

#‎GlazeTradingIndia‬ is widely opening its new branches to facilitate the working of its Independent Distributors and Customers in pan India. Following this activity, Glaze inaugurated its new branch office in Bhubaneswar, the capital of Odisha. On this ...Read More

The Science Behind PhytoScience PhytoScience is very keen on letting people know they’ve partnered with Mibelle Biochemistry Switzerland. Since I’ve already written about the company and the opportunity, I thought this would be a good time to delve deeper in the science behind Phyto Science. Perhaps in the midst of researching the clinical side of thi...Read More

Ever been confused about how a “home business” works? Of course you have, many of us have. Most people have heard the term MLM (Multi-Level Marketing) and usually at the end of that the word, “scheme” is added – giving the whole business model a bad name. Well…let’s change your negative perception and tell you how your Great Aunt Joan, actu...Read More