Do you consider pyramid scheme as business?

nomad

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• Dec 14, 2023

• #21

A pyramid scheme is not a business, it is a scam. There is a difference between a scam and a business. Business means you sell and make money, pyramid scheme means you take money from people and run away.

 

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• Dec 15, 2023

• #22

Some people do view pyramid schemes as a business because of the potential for financial gain. However, it's important to also acknowledge that a pyramid scheme is not a sustainable or ethical business model and can harm individuals and their investments.

 

Niyi Briggs

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• Oct 13, 2024

• #23

Pyramid schemes are not businesses. Anyone taking it as a business would surely cry at the end.

 

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• Oct 15, 2024

• #24

This form of business creates an unsustainable model that ultimately collapses when it becomes impossible to recruit enough new participants to pay returns to earlier investors.

 

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King Belieal

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• Oct 15, 2024

• #25

There is no pyramid scheme that I know that has survived for more than four months. Not worth it.

 

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• Oct 18, 2024

• #26

It's not worth getting involved in something that is destined to fail and harm others in the process.

 

cherry123

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• Oct 19, 2024

• #27

Any business conscious person cant take pyramid scheme to be a business. I don't like business that isn't really legit

 

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Min George

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• Oct 19, 2024

• #28

Any venture that operates on a pyramid scheme has a 60% chance of failing at any point in time.

 

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• Oct 20, 2024

• #29

Pyramid schemes do have high failure rates. They often collapse when the recruitment slows down.

 

IB D

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• Oct 20, 2024

• #30

I don't consider pyramid schemes as a business. I see it as an advanced gambling which might pay or won't pay.

 

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• Oct 22, 2024

• #31

It is risky and unsustainable business. People often lose their money in the end.

 

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Kosi G

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• Oct 22, 2024

• #32

Pyramid schemes are dependent on a system that keeps bringing people into it to fund it. There is no long term sustainability to it.

 

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• Oct 24, 2024

• #33

Pyramid schemes are indeed unsustainable in the long run because they rely on constantly recruiting new participants to generate profits for those at the top.