The latest "Annual Income Disclosure Statement" from World Ventures makes very poor reading. "Very poor" is probably an appropriate phrase because that's what joining World Ventures is likely to make you.
The figures that refer to their US operation in 2016 show firstly that 79.95% of the people who've joined make nothing from World Ventures. NOTHING.
Of those that make something:
- 76.5% of all the money earned goes to the top 5.4%.
- 73.7% of the people earning money share just 10.2% of the income.
And average earnings? If you include just those people who make some money, the average earnings per year is a measly $355. If you include everyone in the scheme, it's a pitiful $30.
So, like all other pyramid and Multi-Level Marketing schemes, it's only the people at the top that make money and they only do so at the expense of the vast majority below them.
No comments:
Post a Comment