Zeek Rewards the besties yup yup

One of the  a lot more attractive qualities of a Ponzi  system is that for  really little work, if  any type of at all, members may  gain a significant return on their investments.  [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards How It Works]  

Splice this in with a  Multi Level Marketing settlement  strategy  as well as let the word spread virally  with the  field and eventually you're bound to entice the attention of  additional companies  functioning in the  exact same  field.

With no cords attached membership smart, it's  obvious that lots of Zeek Rewards affiliates are involved mainly in  some other NETWORK MARKETING  chances that for some, prohibited the cross marketing of  other  possibility to their existing downlines.

The stricter of these affiliate/distributor  contracts  also  ban the mere engagement in  one more  NETWORK MARKETING provider  entirely.

Nevertheless, as VIP point balances swell those  wagering the multi-opportunity stakes in Zeek Rewards and also some other companies are no doubt finding themselves in the challenging position of weighing up their  key Multi Level Marketing company with that of Zeek Rewards.

Simply put, it's  difficult to ignore the returns Zeek Rewards  pay daily for what  could  quickly be deemed passive financial investment  profit ( using purchased clients and  advertisement placing automation). When you compare this to a  typical sales based MLM opportunity that relies on  real customers (not harvested email addresses where the owners do not also  understand they have actually been registered and also  do not have to  really  buy anything to be  calculated as customers), it  does not take long for the Ponzi'esque returns to overshadow the  earnings stemmed from a legit opportunity.

With this  however the inevitable happens and Zeek Rewards members look to their own existing downlines in an effort to increase their Zeek downlines. There's no quicker way to  enhance your own  financial investment returns than to convince individuals you know to  additionally invest as well as reap the passive  payments this  creates.

At some point  sufficient  associates are involved in multiple providers that management may  not dismiss queries from their  industry and in the most extreme cases, even discover themselves being called on to make a public statement on the  possibility in question.

2  the first days such manager was Monavie's  Chief of state of their North American and European markets, Randy Schroeder.

Blasting Zeek Rewards on a July 16th Monavie " Management Mentoring" phone call, Schroeder ( that credits himself as being "one that has  considerable knowledge of the ( Multi Level Marketing) industry") declared that Zeek Rewards was a provider that " arrives  and also  scrubs individuals into a path that  develops into a  route of devastation".

Mentioning various requests "over the past several weeks seeking his opinion on Zeek Rewards (presumably from Monavie affiliates), Schroeder ( snapshot above) proclaimed on the 16th that Zeek Rewards is " forbidden, a pyramid  system ( as well as) probably a Ponzi program".

Clarifying on why, Schroeder specifies that "one of the best  means to forecast the future is to  thoroughly and significantly study the past". He then takes place to explanation that

business whose compensation method is even from another location like the way individuals are  settlement in the  course called Zeek Rewards,  fallings off means outside of the FTC rules in terms of  exactly what's legitimate in the mlm or direct selling  field.

I  imply  method, means, way outside the guidelines.

My hunch is that Schroeder is speaking  particularly  pertaining to inner  intake and that in its  existing form (and for the past year and also a half), Zeek Rewards  has actually  worked with near ONE HUNDRED % internal intake by way of affiliates acquiring bids to  hand out.

As soon as these bids are presented, or dumped onto  consumer accounts ( produced with an  e-mail address,  and also in  countless situations where the owner of the email address has not  subscribed themselves or is even aware they are being  registered to Zeekler, Zeek Rewards's  dime auction arm), the Zeek Rewards affiliate that offered the bids they themselves  acquired away, at that point  takes place to  make a 90 day ROI on their bid acquisition.

The most  significant business Schroeder  contrasts Zeek Rewards to might of course be Advertisement Browsing Daily, a Ponzi  program that  supplied outrageous returns claiming its  associates were purchasing marketing.

In Zeek Rewards, the  business declares its associates are purchasing dime public sale bids  and also provides similar ludicrous returns, believed to be by and large funded by  associate money. Zeek Rewards refuse to  make clear if this  holds true and/or release documentation proving normally. CEO Paul Burks claims that the  comprise of the daily ROI that Zeek Rewards pays out is a " exclusive formula".

Based on this, Schroeder closes out that Zeek Rewards will definitely "come to  remorse in the  fairly  around future, not far  in to the future",

I  assume when individuals are being inquired to  spend  10 thousand bucks into a show with the  concept they need to do no work but will  obtain inflated returns, is screaming out in advance: " Do not do it, don't do it, do not do it,  do not do it!"

And yet so  attractive is the  concept of  quick  funds for which one need not work that alot of individuals are  acquiring vacuumed  in to that trail.

Presently I  would certainly just to provide you all my word of caution, it's gunna blowup, it's gunna be an  uninviting blowup, it'll  undoubtedly occur  earlier not  later on and also it  will definitely leave a  path of devastation behind it.

It's  unlawful, it's a pyramid, it's  most likely a Ponzi scheme, it's going to get closed down--  do not  obtain scooped  in to it.

Adding even more weight to Schroeder's words is a short look at the  kinds of people the  Multi Level Marketing cent  public auction  niche market has  brought in  heretofore:

Zeek Rewards-- it's no secret that many of the  best earners in Zeek Rewards were  leading  users in the Ponzi scheme Ad  Search Daily.  Probably a  respectable  piece of the preliminary investment seed money pumped into Zeek Rewards came directly from Ad  Browse Daily

Bidify-- Bidify's Chief Creative Officer, Frode Jorgensen has a  past with being involved in  overseas earnings opportunites that strongly  seemed like Ponzi schemes. Numerous some other creators exist,  nonetheless they are shrouded in secrecy with Bidify to date not  disclosing the exact  commercial structure of the provider

Bids That Give-- CEO and founder Randy Jeffers  has actually had  many different  NETWORK MARKETING businesses shut down by US authorities

The most recent Multi Level Marketing  dime auction to pop up on my radar is 'Igobidwin' ( additionally being marketed as " International Paradigm  Move", "Ultimate Power Profits", "Power Profits", "Spinfinity" and "MyTurnOnTop"), which is being launched by GlobalOne Companies LLC.

Not much is  recognized at this point (the provider is  expected to launch at some point in the  following couple of weeks)  however there  seems possible ties in between GlobalOne Companies LLC  and also the pyramid scheme feeder OneX.

Associates of Igobidwin who paid for their  members  by means of  charge card, noticed they were being billed by 'SIGNATURELIFE QLX', the  exact same company that  turned up on OneX member receipts.

OneX was a feeder into QLXChange, which in turn  supplied  associates into a world of  unethical closed-door  financial investment opportunities, with participation  just allowed if a non-disclosure agreement was signed.

At the end of the day whichever  NETWORK MARKETING  dime public auction you're  taking into consideration, they all operate on the  essential principle idea that  associates invest $ x, get some sort of  online currency points and then  acquire an  efficient ROI) $ x based upon precisely how  lots of points they have, with the points  ending after a certain period of time.

Associates can easily of course  enhance their points ( as well as  efficient ROI) by re-investing the returns the company pays daily, and/or  sponsoring brand-new investors (affiliates) and getting them to invest.

Nearly A HUNDRED % of the  income  created by these companies is  using member acquisitions (investments in bids with the sole acquiring motivation being to  switch them  in to points for the  everyday ROI  provided)  as well as  hence the same is true of where  the cash these  providers are  paying  stems from.

This alone is sufficient analysis of the  typical core business design  utilized by MLM penny public sales (you won't ever see one of these launch that just pays  regular  payments on the sale of  cent  public sale bids, because there are no genuine retail  consumers),  however when you consider who is included at the top levels of the companies in the  particular niche, either at a administration degree or as top earners, the writing is on the  wall surface.

No doubt  attempts will be made to simply brush off Schroeder's opinions as "jealousy", "negativity" or other dismissive labels,  having said that little can be said to  negate his claims.

I  indicate you can do the whole pseudo compliance song and dance  as well as \* winkwink nudgenudge \* call a wolf in sheep's apparel a zebra,  yet functionally this changes absolutely nothing.

No matter what front company you attach to it, no matter what you call  associate investments and no matter just how challenging you penalize your members for using financial investment  vocabulary under the guise of "compliance", an  earnings opportunity that pays returns ( promised or not) based upon exactly how much seed money a new members injects in to the  program, which is composed of  the cash new and existing  associates have both  at first  put in as well as continue to re-invest so  regarding expand their  everyday returns, is a Ponzi  program.

How  anybody  that has actually been or is involved in the  multi level marketing  sector for  greater than 10  seconds as well as  can easily love the idea of selling items to  real retail  consumers as well as  making a  percentage on  stated sales can think  typically, continues to baffle me.

You can listen to Randy Schroeder's comments relating to Zeek Rewards in their  totality beneath:

Indicate that the above  sound was taken from the July 16th Monavie " Management Mentoring" telephone call which in its entirety ran for 53  seconds and also 38 minutes. Zeek Rewards was not mentioned or described in the remainder of the call.  [http://www.youtube.com/watch?v=XVk4rsgvYa0 Zeek Rewards Review]