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Nairaland Forum / Nairaland / General / Investment / Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. (49846 Views)
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Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 5:43pm On Jun 06, 2017 |
Well many people may not know but I am an E-commerce consultant and my job is to scrutinize businesses that are online oriented and tell people which is a sustainable one or not and just as I warned about MMM as not sustainable about a year ago, I am coming out this time to state the red flags in swiss golden Nigeria. I will not bore you with stories and I wouldn't be writing this today if the admin of a certain wattsup group with number +234 706 258 5988 did not evict me simply because according to him,I am spoiling his business (whatever that means) but all I did was simply professional trying to point out the red flags in the business when he ought to be simply professional by explaining to me. Now get this clear, I believe in network marketing and I am not calling swizz golden a scam but what I am simply pointing out is that the earning structure is very faulty,unrealistic and unstainable. Now the business module insists that you MUST refer 2 people and in fact you will not progress if a cycle is not complete and it takes 7 people(You inclusive) to cycle and according to the structure, once you earn, you start another cycle with your downlines following you if they also cycle and this goes on and on and on.....but what many fail to understand is that for this to happen,everyone who registers MUST sign up 2 people meaning the matrix must be filled up for the system to be sustained...in other words, the downlines structure must be in this format. .. You 2 downlines 4 downlines One cycle Now for your two downlines to cycle there will be need for continuity meaning Your 2 downlines 4 downlines 8 downlines your 2 downlines achieves a cycle your 4 downlines of your immediate 2 will need 4 downlines 16 downlines 32 downlines the 4 downlines above cycles. Now here is the glitch....for you to make a second cycle,you will not be needing just 7 people but you 2 people 4 8 16 32 Meaning you will need 64 people to register under you. Now it is not the 62 that is the problem but the fact that everyone MUST sign up 2 people who MUST sign up another 2 in other to sustain the business. Invariably it means the business must have an arithmetic progression of a multiple of 2... 2 4 8 16 32 64 128 256 512 1024 and on and on.... In my years as a consultant,I have never seen a matrix filled up meaning there is no way that arithmetic progression can be achieved which simply means the earning structure only gives room for the early starters which is also a red flag. Some will say team work will ensure you get 2 downlines but no team work can sustain the matrix at a stage when it becomes so large. I do believe that if the Admin of swizz golden Nigeria can go back to the drawing board and bring out a sustainable earning structure, the business might just stand the test of time. A good earning structure of any network must not favor early starters but hard workers and must give room for participants to earn even if they only refer on person. I want intelligent contributors to prove me wrong. Thanks 109 Likes 8 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by mazimee(m): 5:46pm On Jun 06, 2017 |
Toks2008:i will buy this land. |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Nobody: 5:47pm On Jun 06, 2017 |
Don't spoil business for me joor. I'm planning to register 5 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Afonjashapmouth: 5:48pm On Jun 06, 2017 |
Its more or less like a scam scheme for the wise. been to their presentation and immediately detected the wash. 63 Likes 4 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 6:20pm On Jun 06, 2017 |
Afonjashapmouth: I won't call it a scam but the warning structure is not just sustainable. 7 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by torres89: 6:21pm On Jun 06, 2017 |
lazy men always looking for cheap routes 41 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 6:28pm On Jun 06, 2017 |
torres89: On the contrary,network marketing is legit but it's not just for everyone. Is there anything bad if that bag of rice dealer tells you that he will give you 1k for every buyer you refer to his shop and another N500 on anyone who buys through the first guy you introduced. 73 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Olayinka777(m): 6:35pm On Jun 06, 2017 |
Good evening boss,pls I would want u to talk/analyse the much talked about Piuni Telecom. Thanks as I await your response. 2 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Amgreat70(m): 6:45pm On Jun 06, 2017 |
Had it been I know this earlier I and my friends wouldn't have invested n this because it just seems we are stagnant and everyone is looking at me because I introduced them to it,this is even the third month and no show 59 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by torres89: 6:49pm On Jun 06, 2017 |
Toks2008: are you comparing a bag of rice and swiss golden ? 15 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 6:50pm On Jun 06, 2017 |
torres89:I'm explaining networking to you regardless. 38 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Tellemall: 9:09pm On Jun 06, 2017 |
Toks2008: This is the thing about all multi level marketing/networking that the marketers can't seem to understand. If you ask them these questions, they become very hot tempered and tell you that you must be a hater of good things. The schemes are meant to rouse greed but in the end are unsustainable because of the fractals. Networking is never an option. 57 Likes 3 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by sirclemzy: 9:25pm On Jun 06, 2017 |
Is it the same Swiss Golden that Love Oladele & co. are promoting on Raypower fm or is thiers different? Please let me know so I don't fall a victim because me I don't like this bring 1 or 2 persons before i will earn. 24 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by sirclemzy: 9:33pm On Jun 06, 2017 |
They call themselfs gold millionaires. They charge #5000 for their seminars & another 5k for their ebook. 6 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by paradice: 10:32pm On Jun 06, 2017 |
Sensual:Try something else! I can show u good stuff though my contact on signature 1 Like |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 11:17pm On Jun 06, 2017 |
sirclemzy: If that is the name they called it then it's the same. 6 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by wowdiva: 11:33pm On Jun 06, 2017 |
Sensual: Don't worry I have a better business opportunity. Reach me through my signature. 3 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by wowdiva: 11:36pm On Jun 06, 2017 |
sirclemzy: Hmm Pls find out the name, 10k ke! Seminars are free Biko, I and my team hold seminars all around the states in Naija and it is absolutely free. 6 Likes 1 Share |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 11:14am On Jun 07, 2017 |
wowdiva: Good luck and enjoy it while it lasts. |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by wowdiva: 11:27am On Jun 07, 2017 |
. 15 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 3:48pm On Jun 07, 2017 |
wowdiva: No one called it a ponzi...just read the facts and counter it if you can. 41 Likes 3 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Sunnyja: 5:47pm On Jun 07, 2017 |
Toks2008:You will live long. Any business that involves you bringing people before you can earn my friend run run run! 47 Likes 2 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Amgreat70(m): 6:19pm On Jun 07, 2017 |
I need to withdraw my money from that scheme, his do I go about it,because it seems its not viable. 1 Like 2 Shares |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 7:47pm On Jun 08, 2017 |
Sunnyja: In network marketing or affiliate marketing you just can't do without referring people and that is just how it goes but this swizz golden referral structure is so very faulty. 3 Likes |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by pattybf(f): 8:01pm On Jun 08, 2017 |
Toks2008: Someone asked abt piuni. What can u say abt it? |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Toks2008(m): 8:50pm On Jun 08, 2017 |
pattybf:Let me have the website. |
Re: Why Swiss Golden Nigeria Is Unrealistic And A Waste Of Money And Time. by Amgreat70(m): 12:12pm On Jun 09, 2017 |
How can I withdraw my money from swissgolden I don't want to do again 27 Likes 2 Shares |
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