So there I am, on a Sunday night, spending a little bit of time on the internet, browsing the usual sites: facebook, some random blogs, porn, ESPN… the usual. Then something out of the ordinary happens: I get a facebook IM from someone I haven’t spoken to in over 3 years (when I was in college). Let’s call him Fred. (I haven’t used that name yet, have I?) Now this was surprising for a couple of reasons: First of all, Fred hated me in college. Not only was I a condescending prick to him, but I constantly mocked how absolutely retarded his girlfriend was (now his wife, a wedding I was not invited to for some reason). This girl was beyond dumb. I once answered Fred’s cell when she was calling and told her that she had the wrong number, so she apologized and hung up. She called back, process was repeated, hung up again. Third time she calls, she finally catches on that something just doesn’t seem right, and so I give the phone to Fred while me and everyone else in the room is laughing. He was not happy. (I later learned he actually wanted to punch me in the face at that point. Oops?) Oh, back to the reasons why I was surprised he messaged me… did I mention Fred hated me? Because he did. A lot.
Naturally, this caused me to become skeptical of where this conversation was going right from the start. It began with some random pleasantries, he reveals he dropped out of college after one year, followed by asking about jobs, to which Fred responded that he and his wife had their own “internet business” of some sort. I asked how the business was going, and of course he said it was going “great!” Who am I to question that? But then he breaks out the “I know this may be too forward, and I don’t know what your financial status is as an engineer, but would you be interested in making some extra money in your spare time?”
At first I was a bit perplexed, because immediately I knew it was related to his “internet business.” Initially I turned it down, but Fred persisted with “Well, if you know anyone interested in making some extra cash, let me know.” At this point, since I knew Fred wasn’t playing with a full deck, I just had to inquire further about this opportunity. Fred sends me a link to a website with “Fred Enterprise” at the top to watch a video that will briefly explain what is going on with this, but with a “ltdteam.com” extension on the address. Red flag #1. I click on the link, and I have to log in to even watch the introductory video. Red flag #2. He gives me the log in information, and then it asks for my name and email address… or I can just hit “skip” to watch the video. (Guess which option I chose!)
The video begins, and this infomercial type lady starts talking in general vagueness with moving pictures, buzz words galore, and absolutely zero substance. Red flag #3. (Okay, I give up counting the red flags, there’s too many over the course of this.) It’s a five and a half minute video, and about halfway through it gets to a list where it’s going to talk about four separate points, with business plan and strategy being two of them. Maybe I’ll get some real information at this point I thought. Nope. More nonsense. Oh, and I have to attend a required seminar to learn the real details of this whole thing. Then the lady dropped this gem: “It’s like ebay meets Amazon meets Facebook.” Really. I can guarantee you that’s the line that suckered Fred and his wife in. “Hey, I can relate to all of those super successful websites, and this is all of those combined, so it’s a sure thing!”
After reaching this point, I have two options. I can either be a complete dick about this, laugh in his face for being an idiot and buying into this crap (not that I would ever do this), or I could play along and only hope this could become more entertaining as it went on. I went with the latter. This led to the following exchange (the portions of conversation posted are completely unedited):
Me: “So… what exactly do you DO then?
The video said you can start a business model that isn’t subject to time, money, or experience related risk… isn’t that impossible?” (Note: The video literally said this.)
Fred: “No. Not when you work with a business system.”
Me: “What does that even mean?”
Fred: “well, a form of business system is franchise
just like mc donalds
does that make sense?”
Me: “Um… not really. How does this compare to McDonald’s? Like, how exactly are you making money?
Without putting in any time or money?”
Fred: “you could get those questions answered at an info session! there is no way I could explain it through IM”
Really? The info session? The mandatory one? This business scheme is either so complex or secret that it simply cannot be explained to someone in a simple IM conversation, apparently. Meanwhile, I’m researching even further into this LTD business, just to see what I can dig up for information. Did you know that this LTD thing operates similar to a cult? Well, they do. They have a mandatory Sunday service. Seriously. But don’t worry, the fun doesn’t stop there… the conversation continues!
Fred: “well, did u interview for your job through facebook?”
Me: “No, but I knew going into the job how I was going to make money.”
Fred: “exactly! i’m just letting you know the easiest way to get more info is to meet some members of our team!”
Apparently I reached the point where even he is deflecting questions. Isn’t the whole point of trying to get a friend involved that you can provide them answers before they buy into this stuff? If it’s even half as great as you claim it to be, you should be able to provide even basic information. But alas, this is not the case with Fred, nor did I expect it to be. At this point, after a solid half hour of laughing at this whole business opportunity, I feel it is my duty to attempt to save this poor guy from ignorance and stupidity.
Me: “http://erichmusick.com/index.html?article=709
You may want to read that.”
Fred: “haha! thats funny! did u google that?”
Me: “Indeed.”
Fred: “haha! well if you’re asking, LTD and Amway global are seperate entities
i think that Amway Global, a 8 billion dollar business, has done a little more research than your google search!
haha!
i hope u sent that as a joke!
wow!”
Me (absolutely dumbfounded): “… no. It sounds like a pyramid scheme.”
Fred: “kinda like the job i work at!?i dont know how it is for u, but where i work my boss makes more money than me, and his boss makes more money than him and so on
what we do, whoever does the work make money”
Me: “No, that’s experience, knowledge, and capability based pay. You get paid to do your job, based on the average of what other people in your position are made. That has nothing to do with a pyramid.”
Fred: “ok”
So now we’ve reached step 2: canned responses. Notice the bold text (Amway and LTD are separate entities, yet he cites Amway as the company that did the “research”)… it’ll be even more relevant in a minute. So after a short pause, Fred comes back with this:
Fred: “what is a pyrimid?”
….
…….. (At this point I’m nearly falling out of my chair laughing.)
Me: “http://en.wikipedia.org/wiki/Pyramid_scheme“ (The very first line of this article states that it is a non-sustainable business model.)
Fred (not skipping a beat, apparently not interested in reading the article): “not sure what the website is but the social security website show that 98% of people who are employed their entire life are either dead or broke at age of 65
good luck!”
Me: “Thanks, although I’ll be fine. I know how to save and invest. Good luck to you as well… you’ll need it more than me.“
Fred: “i appreciate it! God bless!”
I’m not sure if I should be honored or insulted that such an opportunity was presented to me. If anything, it provided me with quite a few laughs… plus he was thinking of me when it came to an opportunity to make money (let’s just completely disregard the fact that he would make money off of me), so I guess I’ll go with honored. I kept him around for a few more lines of conversation, and I inquire as to whether he has to pay a monthly fee to participate (which after online research, is around $300 a month). Fred’s response:
“na Amway Global pays me”