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[Suranga3]

I was about to become a representative for this telecommunications company called Excel (also known as Vartec) basically what this company does is sell its products through word of mouth instead of the tradition advertising exploits (TV and print ads). Two guys from the company came and gave a presentation on how great the company is and how you can make easy money within a matter of days. What they don’t tell you is how the system really works, it’s a pyramid scam and that you’ll have to pay $500 just to get started and “licensing fees” for your business. They encourage you to take advantage of your friends and family by forcing them to sign long distance and cell phone plans at higher rates than most of the competition, and even persuading them to join in and become a rep. I did research online and found out that roughly 90% of the reps that sign out quit without making a single cent. Also, the company wants its reps to fail so they can keep the initial start up fee and profit from that. It’s sad to think that companies like this are able to operate and get away with this shit.

 

[Joe]

any time you hear telecommunications RUN.

 

[Ninja Scooter]

hehe, Excel used to hold weekly meetings at this banquet hall i worked at in high school. i used to sit in and watch them. Such an obvious pyramid scheme. They were like brainwashers

 

[LinesInTheSand]

I remember people back in high school who talked about how they were going to get rich through this. I tried to tell them they were dumbasses...

 

[Date of Lies]

Actually, a friend told me she made money with Excel and some people at my school still talk about it. I think they get money for the people they drag into this crap. For instance, if you convince 4 people to join the company and pay that 500$ licensing fee, you get cash (like 100$ per person).


It's still shit as far as I'm concerned, worst type of business in the world.

 

[Suranga3]

If you have no morals then this job is for you!

 

[Poody]

Fool me once Shame on You

 

[Ripclawe]

Amway still the best pyramid scheme.

 

[demon]

Fool me once Shame on You

..............can't get fooled again!

 

[Lambtron]

When I worked at the arcade, this dude came in and roped me into a meeting for www.quixtar.com. I had no idea what it was or anything. But he's like "oh, yeah, it's great!" So, he sets up this meeting with me. I'm joking to my friends about how long it'll take to find out it's a pyramid scheme. The day of the meeting, I'm fucking sick. So I call him to reschedule (he was fucking pissed I bailed "I'M A BUSY MAN!" and I'm fucking sick, dude I don't care). I go, and he's telling me about it, and totally avoiding saying something like "pyramid" or "multi-level." Then he drew this great picture.

.  /  O  \
  /O     O\
 /O O   O O\

"So, what you do is get your friends to join, then their friends, etc..." It was a good time, I laughed and told him I wasn't interest in a pyramid scheme.

The best part is the dude at my next (and current) job, who would accost my friends and I in the bathroom to "make some big money." He always carried this brief case, and wore a suit (business casual environment, by the way), and was always talking to tables full of people. He once sent an e-mail to my friend, via the work e-mail system, asking why my friend hadn't met with him yet. Good times. I don't see him much anymore. Maybe he made millions of dollars from Quixtar.

More likely, he got fired...