Would you say yes to Php 1,500 capital to Earn Php 1,7M/ Per month?

December 13, 2010 2:25am CST
I am a Filipino, and i live in the Philippines. I recently joined a business with this amazing opportunity. The starting capital is only Php1,500 and you can earn as much as or more then 1.7M passive income per month, and of course on your way of making it to 1.7M a month passive income, there are a lot of bonuses offered, so by the time you reach the 1.7M goal, you have already earned around 7.6M from the bonuses alone. What's the catch? You have to purchase atleast 1 box of the product every month (which is very good btw) for only Php375.00, refer 5 who will do the same and so on.. Now, my question is, since I am new into this business and industry, from viewer's point of you, what do you think of this opportunity? and what are the possible questions that I should be expecting?
1 person likes this
12 responses
@syoti20 (5295)
• Philippines
4 Jan 11
This is a good opportunity to extend my income but I am still questioning the legitimacy of the site if they really true.
• Philippines
27 Dec 10
Hey there, I'm also from the Philippines and into MLM. That would be great it you have folks that will find the product as a necessity. Because if they do, they will really get that product again and again. AS for my part, I'm into the eloading business MLM so chances are, the customers will always be there. Hope this helps! You can PM me if you have questions.
@zeraeign (163)
• Philippines
15 Dec 10
This is called networking right like UNO? Well, I'm not good with business so can't really tell you a good advise.
• United States
14 Dec 10
You are getting into a pyramid scheme. Eventually someone loses because there won't be enough people joining to provide the money for the others. These schemes may also be illegal in some areas.
• Philippines
14 Dec 10
Hi, i'm also a filipino..i think that's a big cheating and a big scam. in todays market, you cannot earn such huge amount of money in a very little amount of investment. maybe if you are good in sales but you cannot such big amount. were talking selling here right? co'z you have produts to promote or to sell or something. if we analyse in our countries market, its hard to sell those products,especially if they new and not been familiarize to public consumer. this business have you been entered in just a big trick to fool someone. i suggest to join in famous networking that surely you can earn good profit in return of your sacrifices.
@toniganzon (53231)
• Philippines
14 Dec 10
It's networking. Most of the people who joined it have great expectations and failed in the end. I don't like it because it's like a scam, it doesn't work at all if your down lines are note selling or purchasing or recruiting anybody. When that company promotes the recruiting then the product is just a font and it won't most likely succeed. I would definitely say no to such an offer.
• Philippines
14 Dec 10
Been on a program like this before and was mildly successful but as somoene pointed out already on this thread, it is not a passive income, you need to put a lot of hardwork to get substantial earnings from this kind of business.
@airasheila (5458)
• Philippines
13 Dec 10
Good day to you Powericepops, With reference to your discussion, as for me, I will think it ten times before signing-up and dealing with that business. For the reason, it is somehow unlikely to happen now a days, that, your PhP1,500 will earn that much per month. On the other hand, if you look on the positive side, it is somehow likely to happen especially if your downlines or referrals do a double time in working hard since for every earning they earned a point of earnings will also credited to you. However, if your downlines or referrals seems not that active in selling, your points or earnings will not grow as easy as you think. Nevertheless, since you have joined them, maybe try to give your best shot and try to recruit more than 5 so you can easily gain the targeted profit of PhP 1.7M per month.
@sumanadep (1230)
• India
13 Dec 10
I think I have come across such offers a few times and I have always rejected it.. When people say that you earn huge amount in short period and with little or no efforts then it sure is fishy..
@maean_19 (4662)
• Philippines
13 Dec 10
Pyramiding or networking is quite hard to work for especially when you have to find referrals or downlines for the business. The statistics may be too good to be true, but it won't work for me because you have to put efforts to it not only invest on it. I have seen many like what you mentioned, but it is hard to maintain because the first stage is tough to do.
@louievill (19353)
• Philippines
13 Dec 10
Just be careful with a program like that, anything too good to be true is a scam and that rule applies on internet earnings. Where do you suppose they will get that much money in return for your small investment?Also be weary of internet programs that asks for your money even before you had made one from them. I have been in business all my life, been there and done that, think straight pal before you willingly hand over that 1,500php, who in the world will give you a passive or active income worth 1,7M in exchange for your 1.500
@owlwings (39616)
• Cambridge, England
13 Dec 10
It is an MLM business. Very few people who do this kind of thing ever succeed. Most struggle to recover their investment and the income is NOT 'passive'. You have to work extremely hard in order to achieve your five referrals who will achieve their five referrals and so on. The figures quoted always look very rosy but the reality is that one often ignores the little phrase "up to" and achieving the bonuses is NOT as automatic as it appears to be. On the whole, the only people who make any real money are the people at the top and the company whose product may look good but is vastly overpriced for what it is. Beware of words like "amazing", "opportunity", "as much as", "up to", "passive income", "bonus", "easy". Remember catch phrases like "There's no such thing as a free lunch" and "If it looks too good to be true, it probably is." My advice: Stay away from this kind of thing ... unless you KNOW you are a VERY good, confident and slick salesman prepared to put in A LOT of hard work and able to con people in exactly the way that your eyes have been dazzled.