SCAM & PONZI Selling Hit, Selling Split – How..?

10 05 2013

SCAMs are way too attractive, at first, just like the first date, till the end until exposed. So how does the black market thrive so fervently and feverishly amid the internet so much around..? Question is greed blinds everyone, specially the working class.



DUBAI SCAM – Gruesome Details

The latest to surface is this Dubai Project and Assignment scam, which allegedly has swindled a million Dirhams from 6000 people. Reportedly, some people have lost their entire life savings kept for children’s education and marriage, has been lost. The pain is immense and the act seems to be gruesome.

Idea was to get an initial security deposit of AED 500 ($136) for 10 PDF assignments to be converted to word – earning AED 100 ($36.7) per assignment. That promises neat sum of profits. Many people lost as big as AED 50,000 (approx $13,000) of their life saving and some lost around AED 100,000 (approx $30,000) on this scheme. Converting PDFs to word format is almost automatic now, many tools available but these Dubai people read less and work more for their bosses, so they went after extra income promises to secure their futures, to some extent. But delusional.

Remember the PONZI scheme and Uncle Madoff? They purportedly weaved an attractive scheme to lure investors which many did. PONZI fever is on since 1920’s. Uncle Madoff, made a whopping $65 billion, eluding the Government, the investors and celebrities.



So How Do They Do It?

Simple, they make it look very attractive. In returns and in exhibition. Schemers and spammers and scammers are smart, witty and well planned in their theory. Their homework, their attire, is near to perfect. They dress up like a millionaire for the first impression. Doesn’t that signal a good professional, slick attire is the key to getting a sale or at least the foot in the door.

Schemers make it big by showing themselves big and talking big – big here means passion. Theft too is a passion and why would just enjoy fraud with the fear of landing behind bars, the passion, the lust, the love of money surpasses the fear.

Passion in Anything Gives it a Success

Even in Sales, passion has to measure up or even counter fear. Your passion has to reduce fear to a minion. Seek the drive, the dream, the burning desire to counter and challenge your fear. The fear is nothing but the sign board by the road leading you to the destination of your life.

Schemers promise returns. Big returns, low investments and sometimes higher investments.  Sales people too show the big promises of their product, if it doesn’t measure up, salesman doesn’t show up. Very unprofessional.

In selling industry, learn your product, how it works but more importantly, how it benefits the other person. If you start thinking how the other person will benefit, your sales approach will benefit and increase the sales.

Schemers and PONZI approach with trust. They build it, run it, expose it and then they run. In Sales too, you build trust and rapport before the defenses of the person are down and he is ready to receive your counsel taking you as an adviser. Purport yourself as a consultant and less of a salesman running for commission, that will see a steady growth in your sales management.

Dubai SCAM stings 6000 PeopleSchemers benefit their immediate contacts by giving immediate returns and profits by earning less for themselves in the initial stages. In sales, if you sell the benefits with emotional connection, people will start trusting you. People don’t buy brands, they buy the emotions connected with the brands and products. Create the emotional relationship with your product. But keep your product genuine.

LUST – PONZI works on building lust for more in less time. More in less and even more in even less. In sales, your career will go bust if you’re in lust. You will sell but shall sell short and eventually the company, the customers will sniff you out. People are more smarter than they used to be.

PONZI Vs. Pyramid Plans

But PONZI is not to be confused with Pyramid schemes. Every other structure and organisation is based on a Pyramid, starting with your notorious boss, who earns the most, while you at the bottom rung of the pyramid, is earning the least but slogging the most. Isn’t that PONZI now? Illegal is Pyramiding, which is another name for PONZI.

Credit Card

Credit Card Selling

Schemers pressure into making an investment. So does the traditional salesman. Traditional selling is already gone. Credit Card selling in Middle East is so notorious with traditional methods, they put cold calling to a shame.

Do the Homework

PONZI Schemers do a lot of homework so as not to get exposed. Idea is make money, buy islands, make money again, let your primary investors take a bit from your earnings, make money again and flee. Flee to West Indies and enjoy the cocktails. The easy-beach money. But PONZIs have been notorious to have been caught after several years and sometimes decades.

So sales guys, gear up, invest in your suits and boots, learn your product, learn your customer and their affiliations, pitch the benefits with emotional connect and just SELL. Don’t FAKE selling, it shows. Be passionate and start seeing the growth. Introspect what you want from selling and we’ll see you at the top.


Saudiasation & Nationalisation & Emiratisation – Are you prepared..?

25 07 2011

Phenomenons carry the limits and the secrets to experiment. Experiment the Dolly, result is death. Fine.
Experiment with Atom and Hiroshima’s gone. Fine again.

But experiment with employment, food and the bread in the Middle East is stressful and diabetic and choleric. Not Fine. 70% of workforce in Saudi is foreign workers, who face an uncertain future ahead of them. Unskilled worker will have a lifeline of only 6 years. Period. Semi-skilled – tailor masters, scissor donning barbers, mechanics cranking your car and truck will have 10 years at most. While white collared people have an extended stay till 12 years. The years a cat has of its lifetime. So skilled people do have 9 lives now.
Source – The Glut Will End

What’s next..? Big question. Either migrate to taxing countries or stay back to count the days missed. Even the weekends will sound hollow and colourless. Switch jobs..? Not a good option. Middle East is still taking turns from recession and not yet in recovery mode.

Dubai’s Corporate metro still has many office spaces to offer enough to cover 3 Empire State Buildings. You have ONE, we have 3..!! Beat it..!

Question remains – what to do..? What next..? Who’s next..? No switching jobs, no business option, the gluttony of local businesses is just enough to burst the balloon already filled up just water.

Answer – Network Marketing, Direct Selling, Parallel set-up, Franchise business. Ready for that or would you brush it underneath the carpet saying its a SCAM. SCAMS happen in your industry too. SATYAM pulled a big scam. EXXON was a big SCAM. RECESSION wiped out many BIGGER and SMALLER businesses – were they SCAM too. Network Marketing too isn’t different.
Businesses sustain to go ahead, while the vanished make way for the sustainability. Price of wrong procedures, law of nature. Period. There are good schools, there are bad schools. So network marketing has to take a blame. All the time.

Not anymore. 110 billion dollar industry shouldn’t be missed. Old trend has been wiped out. Newer trend will see networks of networks being built, forged, endorsed and consolidated.

But question you have a network already..? Is it regional..? Is it sustainable..? Is it alive..? Is it reliable..? Active..? Communicating..? Growing..? Spreading..? Questions every corporate has to answer and so does Network Marketing.

Network marketing is nothing but Advertising, packing, logistics, preparation, MOE, Mission Statement, Secretary – all handled by the company. Your role is to establish network of people without having an office or a table to establish yourself as a BOSS..!! Challenging..?? Yeah for the bosses. Solution – come out of the skin or be skinned in another 3-4 years.

Network Marketing

From a FAD to a fact, Network marketing has established itself as an industry. Even Wall Street has been ‘forced’ to recognise it. So Wake up and Smell the Coffee.
Direct Selling Feature in Wall Street Journal

Long gone are the days when voluptuous and stupendous salaries awaited you and your qualifications. Higher the qualification, bigger the tasks are and tougher the competition and one day get outsourced..!! More qualification, more employable. Where’the financial freedom you desired with your qualification..?

Emiratisation / Globalisation / Saudiasation / constipation..?? Choice is just yours..!!
So either you’re working or networking.

%d bloggers like this: