Question

Is Vemma a legit business opportunity?

I'm a freshman in college and all my hometown friends are getting really exited about this opportunity. Some people are calling the company a pyramid scam, but really it looks like legitimate business opportunity. There are tons of success story's, and its said to be the new big thing in this downfall of an economy. If you don't know what i'm talking about look up "Alex Morton Vemma" on youtube. He's a 21 year old already making close to a million a year, and only has been doing it for 5 months. please give me some advise. should i buy into it?

1 year ago - 3 answers

Best Answer

Chosen by Asker

Hi Fred,

I think people use the word "scam" way too often. I'm not saying that there aren't actually scams out there...(see Bernie Madoff, etc..) But to call EVERY MLM, or the like, a scam, is irresponsible. Normally, it is people who don't understand the business, or have tried and didn't succeed....so it's the business opportunity's fault.

Would I personally pay a lot of money to join an online business?... NO. But there are many companies that have a setup fee to join, that are long-standing, legitimate MLMs...i.e., Amway, Avon, Mary Kay, etc.

Again, I am not an associate of any of these companies. But my "brick & mortar" delivery business cost me over $10K to start...with the cost to lease trucks, hire workers, getting insurance, putting out advertising, etc.. and that's nothing compared to starting a major franchise.

So, if you can afford to spend the money it takes to start that business, and you're willing to work hard to succeed in it...you have to believe, if no one else does, that you can be a success.

Success is a choice...So choose Success... I hope this helps.

1 year ago

Other Answers

It looks like a scam to me. Of course, it seems legitimate. Who would fall for something that didn't? If it seems too good to be true, it IS too good to be true. Get a job and use your money wisely. There are web sites that explain scams and some of the tools they use to trick you. Check them out.

by Suz - 1 year ago

do some research on "mlm". They tend to work for the top of the pyramid, but the majority of participants loses money. If you buy $1000 worth of product, whom are you going to sell it to? Is there a repeat customer?

mlm by itself is legit, but usually the whole thing collapses because there are to many people trying to sell in the same area, and the products aren't actually appealing to begin with. The last people to join get stuck with inventory they can't sell (and their loss is gain for the people above them).

by Erik - 1 year ago