Unfortunately, at times it doesn’t matter if your opportunity is legal because it can depend on the members of the opportunity.
If a member makes false claims about the company, the opportunity, or the product, the company can be charged and possibly shut down since they are liable for member claims.
One problem could be that unscrupulous people don’t care and make claims to pad their own pocketbook and then know when to get out before the company crashes.
Something to look for as being a flag, maybe 100% payout on a product you are selling for the company.
The government could see these as being a Pyramid scheme.
Another flag would be that they make 1 to 5% profit per day on investments made to the company, some of these types of companies disappear the fastest.
A good rule of thumb is if it sounds too good to be true, then RUN!!! Because it probably is too good to be true.
The people at the top are usually the ones who make the money.
Let’s suggest that if you are risking / gambling with your money make sure you get your original investment out as fast as you can and build from what you made in addition to what you invested.
All most all companies will survive for a short time and then disappear leaving the majority of their members high and dry.
Yes, I have lost money because an opportunity was shut down and I know many people in the industry that have lost big amounts of money because their opportunity was shut down.
A big issue is that a large percentage of companies fail within the first 2 years and only a very small percentage actually survive to 5 years.
I have been with a company that pays week after week just like clockwork and has been in business since about 2013.
Their product is not the best and not the worst but their track record is impeccable and has never missed paying their members.
That is the type of company you need to look for.
STABLE. Which would be a company that has been in business for at least 5 years with a proven track record.
Although this will not guarantee the success or failure of a company.
Since stable companies can go out of business.
ALWAYS DO YOUR DUE DILIGENCE.
“Due diligence is the investigation or exercise of care that a reasonable business or person is expected to take before entering into any agreement or contract with another party or an act with a certain standard of care.
It can be a legal obligation, but the term will more commonly apply to voluntary investigations.” – Wikipedia
You need to know who runs the company, their track record, where they are registered and don’t always believe in their claims, check them out for yourself.
Be smart and take time to check, and don’t dive in head first, make sure the water doesn’t have SHARKS in it.
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