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	<title>Team Scam</title>
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		<title>Team is a Pyramid Scheme (According to Forbes)</title>
		<link>http://www.teamscam.com/team-pyramid-scheme-forbes/</link>
		<comments>http://www.teamscam.com/team-pyramid-scheme-forbes/#comments</comments>
		<pubDate>Tue, 22 Mar 2011 13:16:25 +0000</pubDate>
		<dc:creator>Team Scam</dc:creator>
				<category><![CDATA[Media]]></category>
		<category><![CDATA[Forbes]]></category>
		<category><![CDATA[Orrin Woodward]]></category>

		<guid isPermaLink="false">http://www.teamscam.com/?p=11</guid>
		<description><![CDATA[Many of the people researching for information about MLMs look for reputable sources to guide them. I&#8217;ve heard numerous times that I&#8217;m not a reputable source because I don&#8217;t put my name out there. It is pretty easy to refer those people to this article about MLM distributors asking for credentials. They get quiet real [...]]]></description>
			<content:encoded><![CDATA[<p>Many of the people researching for information about MLMs look for reputable sources to guide them.  I&#8217;ve heard numerous times that I&#8217;m not a reputable source because I don&#8217;t put my name out there.  It is pretty easy to refer those people to this article about <a href="http://www.juicescam.com/mlm-distributors-asking-for-credentials/">MLM distributors asking for credentials</a>.  They get quiet real quickly when they see their debating point has no merit.  </p>
<p>That said, the point about reputable sources isn&#8217;t an all-together poor one.  In fact, many MonaVie distributors pointed to <a href="http://www.juicescam.com/oprah-sues-monavie/">Oprah and Dr. Oz before they sued MonaVie</a>.  MonaVie was quick to settle that case, which incidentally proves that <a href="http://www.juicescam.com/monavie-is-the-next-napster/">MonaVie is responsible for the actions of its users</a>.</p>
<p>Today&#8217;s reputable source comes courtesy of <a href="http://www.forbes.com/forbes/2008/0811/050.html">Forbes Magazine</a>.  In August of 2008, it did quite an enlightening article about Orrin Woodward and Team.  There are a few eye-opening quotes, but here is the biggest bomb the authors drop:</p>
<blockquote><p>&#8220;<b>Team is one step ahead of all these juice selling schemes. It is a pyramid atop a pyramid.</b> It is selling motivational aids to help MonaVie vendors move the juice. But wait. If you can&#8217;t earn back the $258 you&#8217;ve spent on the motivational lectures by selling $39 juice bottles, you could earn it back in another way &#8212; getting people to buy $258 motivational lectures. If you&#8217;re good, you flog the lectures to other people, who sell them to yet others. Everybody gets rich. Everybody, that is, except the last round of buyers. That&#8217;s the theory, anyway. <b>The reality is that a mere 1% of Team members make any money from involvement with the firm.</b>&#8220;</p></blockquote>
<p>(The bolding is my emphasis.)  That quote quite openly call Orrin Woodward&#8217;s Team a pyramid scheme.  For those who aren&#8217;t aware <a href="http://en.wikipedia.org/wiki/Pyramid_scheme">pyramid schemes are illegal in the United States</a>.  I also wanted to call your attention to the last line &#8211; where only 1% of people make any money by being involved.  Ouch, those are terrible odds.  The odds are worse than many raffles&#8230; but the prize is that you make <b>some</b> money not a lot of money&#8230; and you have to work for that money&#8230; and good luck sleeping at night knowing that you broke the law by participating in an illegal pyramid scheme.</p>
<p>The question about breaking the law always come in discussions.  Distributors will ask, &#8220;If it&#8217;s against the law, why hasn&#8217;t it been shut down.&#8221;  There are a lot of answers for that.  One is that the FTC isn&#8217;t funded well enough to take on the 1,000+ pyramid schemes out there.  Another answer is that Bernie Madoff&#8217;s pyramid scheme went on for 17 years and <a href="http://www.amazon.com/gp/product/0470919000/ref=as_li_ss_tl?ie=UTF8&#038;tag=lazymanandmon-20&#038;linkCode=as2&#038;camp=1789&#038;creative=390957&#038;creativeASIN=0470919000">no one would listen to those that exposed him either</a>.  Anyway, that&#8217;s a larger article for another day, let&#8217;s get back to the Forbes article&#8230;</p>
<p>The Forbes article goes on into the detail of what Team is actually selling.  They even got Orrin Woodward to admit that he&#8217;s not actually selling tools.  Well, not the tools that actually teach you <a href="http://www.lazymanandmoney.com/how-to-be-successful-in-the-new-year/">how to be successful</a>.  In Orrin Woodward&#8217;s own words:</p>
<blockquote><p>&#8220;What I try to give most of all is hope and encouragement.&#8221;</p></blockquote>
<p>The Forbes authors brilliantly explain the cost of this hope, saying, &#8220;Hope is an expensive commodity.&#8221;  The financial details are incredible.  The authors give an example of how someone rung up $20,000 in debt buying Team tools, Amway products, and MonaVie juice.</p>
<p>Another great quote from the Forbes authors is:</p>
<blockquote><p>&#8220;Woodward quickly realized how important sales tools are to multilevel marketers. Tools encourage recruits to reject doubters and, if money fails to materialize, to blame themselves and keep trying.&#8221;</p></blockquote>
<p>This is exactly what I found when I wrote about <a href="http://www.lazymanandmoney.com/orrin-woodward-scams-monavie-team-lies/">Orrin Woodward and Scams</a> in the past.  That&#8217;s a worthwhile article to read&#8230; Orrin Woodward makes Charlie Sheen seem sane.  </p>
<p>Of course this is all part of the Team scam.  It is well-known that in MLM&#8217;s failure is <a href="http://www.juicescam.com/its-not-a-matter-of-effort-its-a-mathematical-certainty/">not a matter of effort, it’s a mathematical certainty.</a>  This is what makes Team such a dangerous scam.  Team is like the guy in the white van with no windows your mother warned you about.  His candy may look good, but its a trap.  It&#8217;s best to not go talking to strangers.</p>
<p>Other good analysis of this article comes from Amthrax&#8217;s <a href="http://amthrax.wordpress.com/2008/07/25/orrin-woodward-climbing-to-the-top/">Team Scam website</a>.  He takes a look at the financial aspects of Team as reported in the Forbes article.</p>
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		<title>Team Scam Open Discussion</title>
		<link>http://www.teamscam.com/team-scam-open-discussion/</link>
		<comments>http://www.teamscam.com/team-scam-open-discussion/#comments</comments>
		<pubDate>Sat, 29 Jan 2011 20:44:28 +0000</pubDate>
		<dc:creator>Team Scam</dc:creator>
				<category><![CDATA[Team Scam]]></category>

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