Enter The Matrix Pie In The Sky Or Digital Sweat Shop?
One of the most commonly used buzz terms in the home business niche is matrix plan. It has a nice ring to it Ill admit.
Promoters often use this phrase to suggest a stable, well formulated income stream. But in reality this type of opportunity scam is anything but lucrative for the majority of participants.
Before I continue, I want to point out that almost all matrix programs fall under the FTCs classification of pyramid schemes and ponzi scams. Theyre illegal systems that allow a few con artists to fleece the gullible masses.
Having said this, I want to focus not on the legal ramifications, but on the sheer logistics involved in a matrix program.
In a nutshell, a matrix format requires you to invest money into a perceived business opportunity, and then recruit new investors to the opportunity in an effort to recover your investments and earn profit. Typically you receive only a very small commission from each new referral, and therefore need to gather a large number of recruits in order to achieve a decent income.
Heres a quick example of how a common matrix structure might...
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