Is for real? Be the judge

I need your indulgence. Is Qnet another Telexfree or it is a good deal?

I don’t believe in free things that is why I never play lottery. I have worked very hard for any good thing I own. And the fraud examiner in me says “before you make more money, first protect the little you have.”

Any business that promises to prove easy money does not move me. As they say, there is no such thing as a free lunch. I have received several invitations to join multilevel marketing with promises of assured good life and wealth accumulation. When you examine carefully, you realize the person inviting you is struggling financially. How come this business you say will give me financial freedom is not working for you? But you cannot say. You just swallow it and wonder why people can’t find better use of their time.

However, something strange happened yesterday.  A man I respect very highly, an accomplished professional and elder told me about the wonders of I became curious to research about this Qnet thing. What I found is very interesting.

I got to learn that qnet is duping people, click here to read. One of the most telling insights is that:

 “QuestNet and GoldQuest, multi-level marketing (MLM) companies that had shut shop in 2009 following police action are back with a bigger bang.They now calls themselves QNet and is thriving in an environment where tens of thousands of Ponzis and MLM companies are able to lure people into believing that they have the formula to instant riches and a high growth career.” And that “The last time around, QNet was being evangelised by former World Billiards champ Michael Ferriera, as well as some former national cricketers. This time, it is being hard-sold by senior corporate executives, including heads of multinational companies, who have been forced to quit in the 40s and 50s, having fallen off the career ladder. Moneylife has received emails from several worried readers asking us to bring the “QNet scam” to the attention of regulators before it dupes their friends and relatives already ensnared by the hard-sell.”

Simply, Qnet and other multi-level marketing businesses strategy is to make a hard sell by hook or crook. Once they do so, they get endorsement. The business model is such that you first have family and friends sign up, and then the circle continues. Someone times people signup just to ‘do a favor to a parent or friend’ and not on business. In the end, the founder is making money.

Qnet business is premised on the fact that they are a sole source of certain specialized healthcare products. One of such product is air pure. The product is well described and branded that once you get to know of its existence you suddenly feel you cannot live without it!

If you visit their website you will see a plethora of several products. You cannot imagine that if those products indeed do work, how many hospitals would have stocked them.

To join, you must visit their website and register. Your registration is complete upon paying US $30 registration fee.

And that is not enough. To earn revenue, you must first buy one of their products so that you experience it. Once you do so, you must undertake aggressive marketing so that more people join through you. Whenever each of the new entrants buys a product, you will earn a commission as the person who introduced them. And the cycle will continue.

In sales the easiest sale is with family, friends and coworkers. Qnet will encourage you to approach your friends and family so that they register. Remember, Qnet (formerly called QuestNet) earns US $30 per person who joins. That is huge revenue to them. If they can get one million people opening an account that is a cool US $30m!  Remember Qnet has no obligation with you on paying the initial account opening fee. And if you don’t spend more money buying any of their products, they won’t be obligated to you.

By selling ‘unique’ products, Qnet is trying to make their business legal. Keep in mind that the company is profitable by just having so many members paying US $30 and registering! And to be honest, it is difficult for you to return any of their products that it did not work as promised. It just gives ‘psychological’ healing similar to how traditional healers play with people’s intellect.

Qnet is not alone. There is another called It is so easy to join.

The similarities with all multi-level marketing companies is that they have invested heavily in marketing and are prepared to meet any one to have their business grow.

They are using an aggressive marketing strategy. Pay good money to known role models or elders e.g. politicians, religious leaders and celebrities and have attract their friends, followers and dependents to join with promises of financial success.

Because some of these people have already made some money through hard work, they easily attract others thinking that the business is indeed great.

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