MLM Marketing vs. Reality
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- Опубліковано 30 тра 2024
- ► Twitter: / coffeebreak_yt
► Instagram: / coffeebreak_yt
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This video is an opinion and in no way should be construed as statements of fact. Scams, bad business opportunities, and fake gurus are subjective terms that mean different things to different people. I think someone who promises $100K/month for an upfront fee of $2K is a scam. Others would call it a Napolean Hill pitch. - Розваги
The thing with MLMs is that they're not selling a business, they're selling a dream to desperate people.
exactly
It's weird how they praise their products but don't really aim to sell them directly to consumers.
sounds alot like christianity .
@techno vikernes are you happy now
Can i copy that?
I used to work at Mcdonalds and this whole time i had no idea i already was living the "American Dream".
Hahahahaha...
LAMO
Why did you not point out that you made more than minimum wage?
I respect mcdonald's workers more than I respect influencers or youtubers. Why? Because you get up every day and go out in the real world.
@@jonathansoko5368 Ironically posted to youtube lol
*Pro tip:* if someone is always showing you their fancy sports car, big expensive house, flashing jewelry, name dropping, showing how much money they have all from their business…but they never show you the product or barely talk about the product…
Chances are very high that they’re full of sheet or doing something scummy.
I love the dateline episode of the dude who scams some guy out of 2 million dollars claiming he's an offshore investor to put into a boat so that he could take photographs of how successful he is in order to scam more people out of money. He ended up having to kill the investor when he was confronted and spent the rest of his life in jail. Good times.
OMG, so many years of being a PBD and Valuetainment fan, and this is the first time when I look at PBD's business, namely the PHP agency, from a different angle. So many scammers hide in plain sight.
How did you not see this when watching his channel? Right now he is trying to sell you right wing chuds ideology. There's a video of Pat when he was running his company years ago and he says * find a market that has people passionate or angy on one side and market to them. It works better if they're a little dumb* seriously that's the right wing of today
I’m in my 40s and I’m glad my life experiences have served me well to have never even become a fan of PBD.
You can just smell the nonsense from the look of him.
He’s always name dropping, flashing his fancy cars, clout chasing, how much he makes, etc. that should tell you something.
And yes, people judge books by their covers all the time but many don’t like saying it or admitting it.
Once you learn this, you cant look at the man the same again. It’s all a con
Absolutely truth! I agree. Never watch the podcast again. Ever.
I am so pissed.
I find a guy like PBD that seems legit...But no. No no no.
He's just another con artist making a human staircase to climb to the 1%
Im just done....with everything.
MLM always reminds me of a high school reunion. Old friends happy to see me and want to know how I'm doing and then i say tough times and they have a "great business opportunity" for me lol
I dodged having to go to one last year...
hey ninja black konosuba you are right
@@InfectedChris i was part of Amway during 7 days, i realized how ridiculous the business model was when i went to one of these "mind blowing" gurus talking about their success. Everyone in the room was applauding a random man on stretched jeans bragging how he made 390 dolars a month thanks to this revolutionary business model.
@@FacuSabo22 First paycheck always deserves applause.
My old lawyer used to push this stuff on his clients lol. Needless to say he's been indefinitely suspended.
So I got suckered into Amway right out of college. Luckily I was legit refunded the $200 I “invested” when I got out. What really made me realize it was something I didn’t want a part of (aside from being MLM) was when we had some big time Amway guy come talk to us at a meeting we had (about 200 people) and he bragged that he didn’t go see his family the day his mother died because he had to give a speech at the yearly meeting (10s of thousands of people attend) for Amway the next day. He said, “there was no reason I should leave and fly to my family, there was nothing I could do, she was already dead so what was me being there going to do?” And everyone freaking clapped. I got up and walked out, what a sick sick person.
If somebody says that abiut their mother, good call, walk out! No respect (or total lies on that guys part)!
That “story” of a dead relative is often copied by many of those ppl. I’ve heard that too.
@@felsal20 yeah i was thinking that's more or less the same story austin godsey tells. These con artists can't even make up an original story
Arnold (the ex bodybuilder) says a similar things in a documentary
Well, that's the kind of extreme work ethic that's been built over generations in the US. It's not even about the reward or the goals; just people worshiping the very concept of working rather than doing anything else.
This Patrick guy has always given me the creeps… scammer vibes.
Best explanation of how a MLM scheme operates is to have a company convince you to go into business opening a shoe store to sell shoes ( but ONLY their shoes) and then convincing you that you can make even more money by convincing other people to open competing shoe stores.
very clever and nicely said lol
Very good analogy
Cue Crip walk with Ain't Nothing But a G Thang music...
Darn. That's the thing. If in life we could just breakdown complex scenarios into 1 to 3 sentences ppl would make better decisions
I love the idea of escaping from the trap of a 9-5 to the steel bars of a 9-9
tip o the hat good sir, you recieve one internet on me.
😂😂
Choked on my drink🤣
People ho works from 9 to 5 keep the society stable...
@@king489
Yup. You misread this comment.
There I was, thinking that PHP was a programming language.
I feel you man.
It is programming...
Programming to sell $200 fees so that the guys and gals at the top of the pyramid live well....
I am a web developer so I can relate your pain LMAO XD
always knew PHP was evil
Lol
Literally showed this video to my friend to save him from getting sucked into PHP. You’re the best coffee
Now we know how Patrick was able to afford his $25M Florida mansion.
It's interesting that Bet David's MLM company is PHP. In Indonesia, PHP is acronym of Pemberi Harapan Palsu or Giving False Hope.
has a masonic vibe to it
Also his name is Bet
I never liked that guy
@@phillipborbon2059 Me neither. He always rubs me the wrong way. But people like him.
PHP is also the name of a drug
The channel Valuetainment has a lot of useful insights however I was shocked to find out he was running an MLM, very disappointing.
Yeah. 4-5 years ago he was doing quite decent content for entrepreneurs target, but it seems like he went too for the courses cash cow
Exactly. His most basic videos are good, but then he went on a tangent and you can see he was going cuckooo
I also just found this out. Haven't watched Patrick lately but he kept those 2 words separate for a long time.
@@themostsecretscience6409 Patrick still offers alot of value from stuff he says
He always came off like he's ready to sell you something. You know how those type of people are, Cocaine energy won't even let you ask questions before you buy.
The funniest thing about this video was the MLM advert Google served me before it started. Glorious.
An older man who'd been a friend of my family my whole life got caught up in one of these MLM "opportunities." He'd spent thousands of dollars he honestly couldn't afford and tried to get me to join up.
I meant no disrespect...this man had helped my family when we needed it and I'll never forget that...but I just asked, "Mr. William, how much money have you made doing this?"
He couldn't answer. It was like a lot of guilt and shame came over him and he ended our "meeting."
My father told me that Mr. William had made lots of terrible financial choices, trying to chase this dream.
MCDONALDS :
200.000 EMPLOYEES
$20 BILLION REVENUES
37.000+ BUILDINGS OWNED
BWRRRRAAAAAAHHH.
McDonald's doesn't employ anyone
Their business is actually real estate
@@justicewarrior9187 you watched that food theory vid?
@@justicewarrior9187 big facts
Not sure what video that is but ill watch it. I always thought McDonald's was just a chain. People buy locations and they employ their own employees.
There’s a PHP boss where I live that’s drives a lambo and rolls and talks about how he’s an entrepreneur that did it all himself. A guy from his office leaked that everything he has is leased by PHP.
🤣 🤣 🤣 🤣 Yup. I know his name. Ricardo Aguilar Fuentes. He's on fb.
Bruh, when your car payments are 5x more than your house payment. You’re doing shit ass backwards just to impress ppl.
@@titonothere6179, but that's how they attract people into theor pyramid shceme. To them, it's an investment
Omg 😆 Where can I find this video?
They tried to recruit me, I have my own insurance agency that makes 7 figures the few agents that I have make 6 figures +..... well guess what they said, what you are doing is great but if you really want to do it big you need to join PHP 😆
Can you Owen P or Karen Nyeley get me this video or in contact with the guy who leaked it?
I actually attended that event they use in a lot of their promo videos. The one with Kobe and Jordan Peterson. Immediately recognized that it was a big MLM which was disappointing
The worst is they target college students like crazy now. Because back when I was there years ago, they knew a lot of us were still naïve about the working world. I really hope colleges someday ban MLMs from stepping foot on campuses and if anything just put out more warnings to students to avoid them. Two old buddies of mine were almost tricked into it.
Always suspicious when "successful" companies/individuals show off everything like money, famous people, etc but not their product. If it worked so well it would be the center of attention, like it is with legitimate companies
Funny cause that's a business mind not what MLM purports it to be
any time there's some kind of party or whooping involved ... probably a scam.
any time theres a Lamborghini involved ... definitely a scam.
@@tedcrilly46 😐Well...that alone doesn't determine whether it's a scam or not. You have look at everything as a whole.
🤨 Are not the rich doing that? Yet they don't get ridiculed like this smh.
They can't show the product because the product is you.
The saddest parts about MLMs is watching the people that shill them try to defend them
spot on, when I figured out that Herbalife is just a MLM and left, I got so much hate from the ones that staid in that business.
@@elenagisa1318 I almost dated a girl that got really huge into Herbalife! It’s really scary how culty it gets! Good on you for getting out of it
@@codybarlik4524 there are allegation related to deaths and colon cancer when it comes to their-healthy- products, that was my main reason for leaving. I would never sell poison to people.
😪😪😪
The same goes for religions and cults. It's all about indoctrination.
PBD involved in a scam? Shocker.
Many many years ago I got suckered into an MLM recruiting event. It was full of immigrants and the presenter spent like 20 minutes talking about her house by the water and had a slide show showing aerial views of it. And I kept thinking what does any of this have to do with the product they are selling. I left mid way but what I didn’t realize then was that was the product. They were selling the American dream to all these people, the idea that everyone could have a house by the lake or ocean
😂😂😂
"Do you have enough to support your family?" So they're asking struggling people to sign up for a program that they know will hurt them. Why can't we throw these people in prison?
Because this robbery does not use a gun.
If you think this is bad look into the people that use this same scheme against terminally ill people with chronic incurable diseases. Ya know, cause there’s no more effective emotion to capitalize on than peoples’ fear of dying and their immeasurable desperation to stay alive. There is a very special place in hell people like that.
Panzy scheme is always evolving to escape the harsh hammer of the law, kinda like it is with viruses
Quitted wfg today, and they asked me the same question before I made it clear I was no longer interested
Very true
It’s hilarious how Patrick bet David refers to his MLM as a Financial services company😂
soon: mafia = private security company
Every Insurance MLM labels themselves as "Financial Services"
@@therearenoshortcuts9868 😂😂😂😂
@@SU-ws5vz
Drug Dealer = Xtreme Pharmacy :)
@@therearenoshortcuts9868 hey hey dont disrespect drug dealers and mafia, they more ethical than MLMs
Well done, Coffeezilla and great inclusion of PBD cuz he seems to fly under most people's radars
A friend dragged me to an Amway meeting many years ago. She was sort of beholden to attend, because it was a family member hosting, and she talked me into going just to keep her company. I'm actually glad I went, because it was comedy gold. This meeting was held in NYC, and the guy speaking - the hard sell guy - was bragging about all the travel that being his own boss was affording him. he literally bragged about just having returned from a trip to Cleveland. No offense to people from Cleveland, but someone who lives in NYC thinking that a trip to Ohio is flex-worthy is hilarious.
If it sounds too good to be true it usually is.
And if it sounds _meh,_ it usually is.
12-year-old me is impressed. I remember flying into Cleveland by myself with an upgrade to first class at that age. I thought I was living large.
I used to work for an MLM for 6 weeks. It was the worst scummiest job I ever had. I made about $300 a week. I love watching these videos since it makes me feel validated in my decisions to get out when I did
Shoot, you at least made give or take about $900/month, that's honestly ALOT better than the vast majority of people who join MLMs, most make severely under even minimum wage
This comment somehow looks like a hidden ad 🤔
@@robbylebotha hell no dude. I would love to take time machine go back to before I started and slap the ever loving hell out of myself! Hahaha
@@luisguzman-bc1mk I guess, but living in the Chicagoland area I would've been better off working st McDonalds as the Great Coffee himself says haha
+Kyle, it's a good to hear you left that crappy MLM job.
It sucks how they can actually harm people since there's a psychological aspect to it as well. There's so much toxic positivity, brainwashing, and guilt tripping involved when you are in one. There's so many people that also lost thousands of dollars. It's so sad
Php isn't promising to get u rich though..
@@theforce5191 but PHP is promising you an unrealistic dream
@@angefabricenda560 which is?
Toxic positivity works so well w scams
@@theforce5191 That you, an average person can make money from an unsustainable business model when in fact MLMs don't rely on successful products, they rely on a steady stream of suckers who pump the numbers of those above them by buying into the scheme, investing and losing money on average. According to FTC study that looked at 350 MLM companies 99% of participants in them lose money. It's not a personal problem or a particular company problem or even a product problem. It's a business model problem, it doesn't work. It just doesn't work. It looks like it works because those who started at the top get rich and say you will too (you won't).
Used to work good retail in a high-volume Karen area. Work was sticky, messy, and borderline abusive at times. Occasionally in our eating area we’d see someone break out their MLM briefcase full of (essential oils/makeup/kitchen gadgets) to pitch to someone they clearly arranged to meet with here. No matter how bad it got at work, at least it wasn’t so bad I was in an MLM.
"Karen" is a racist word, dude.
Look at all these lying Chads and Roberts scamming people
@@jenns6063It's not racist, derogatory maybe, to whomever chooses to take offense. Karen is a name, a description, and that is not what defines racism.
Always reminds me of shady Persian rug sales man 😂
I hate how people in mlms say they are “business owners” ... like wtf? and to make it worse, someone I knew that was in an mlm always posted on Instagram telling us to “support her small/local business”
Another popular scam right now is someone trying to hook you up with a financial advisor regarding cryptocurrency.
Real Business = You sell a Product/Service and you hire people to help with that.
MLM = You hire a bunch of people who have to hire a bunch of people who have to hire a bunch of people....(infinity). And everyone PAYS to play.
umm, no...
Umm, yes...
They recruit any one with a pulse
@@downundarob yessss
@@suzinaccache wow a comment from a year ago, but still no, you dont hire anyone in mlm.
And PBD goes around pretending like he owned the insurance industry and hes a big shot. Very disappointing.
I think one of the main problems is that people can’t seem to recognize the difference between “making money” and “taking money”.
Well put. 💯
Falling for an MLM was a right of passage into adulthood before the internet..
I went to one before the Internet and the first meeting set off red flags in my head. Never went back. Those people are creepy.
yep!
If you could leave the meeting without signing up, you succeeded.
I recall a few years back when I was going through some issues ... there was someone in the mental health unit of our local hospital, committed as a patient long term, who was recruiting other patients to join People Helping People for his brother. Most of the time you go in there for a few days or a week, so very high patient turnover. This dude was in there like "Hey bro my brother can help you make tons of money and set you up with a business. We can help you!" He wouldn't leave me and others alone. It was awful. At the lowest rock bottom spot in life, getting pitched MLMs aggressively
😆😆 damn that hell.
You should have told the staff. In my country clients sign a contract upfront not to gamble, no participating in a criminal act etc. We also have ex mlm clients suffer emotional, financial and social difficulties. I am really sorry to hear the staff didn't protect you from the mlm brainwash.
WOW, that’s scumbag level
Did you at least feel better you weren't dumb enough to join?
@@theresekatie4841 lol yes totally. I was really into the idea of going to a meet up to spy on how messed up it is, like my own live coffeezilla episode... but they gave me the wrong address 🙄
The one thing that kept me away from IML is literally not having enough money lmao. Being broke is really the real protection
Sometimes MLM recruiters are so desperate that they'd lend money to their targets to make sure they join and recruit other targets
2 years later and no response from Valuetainment....
lol true
Patrick Bet David is all talk about being an entrepreneur and this or that while in reality he’s just selling MLM to people. So sad how evil people can be sometimes.
No surprises. To me everything about him screams scam. Starting from his name. What type of person with middle eastern parents and born in Iran calls himself “Patrick Bet David”? Also, his earlier Valuetainment content was motivational, like “How to Have a Millionaire mindset”. Vague BS like that from people who have nothing substantial to sell.
I have my own horror stories from being in A*way for 4 years. I got out this year and I’ve never felt better
Can you say how much you made each year?
You should talk about it on the drip
how many friends and family members where you able to sucker in? and did you stop getting invited to functions?
@@kennetharreguin5720 😂
@@HenryPaulThe3rd I rather not disclose but it definitely was a loss
When I was about 15, my older sister and her partner were trying to tell our family about a business proposal they had heard of from a friend. They said that all they had to do was sell some energy drink but that the main focus was to recruit two people each because that was how they would make their money. Then those people would recruit more people and the more people recruited the more money they would make. I told them it was a scam. Because it clearly was. But they argued with me saying that either I didn’t have the vision to succeed or that I was just hating. I gave them an example of a warehouse. I told them, “if your job is just to recruit people in a warehouse, what’s going to happen in the warehouse? What is the purpose of the people already in the warehouse?” They said to recruit more people. I said “do to what??” They didn’t get it until about a month in. They paid a $200 sign up fee which they never got back.
you are very smart
classic older sister moment
It’s weird how people don’t immediately think if I recruit I will have more competition selling this amazing product. My mom did Mary Kay and she like everyone else quickly ran out of friends and family to sell to and was stuck with hundreds of dollars worth of product. At least crappy insurance company doesn’t stick you with makeup :)
Which crappy life insurance company?
@@kennethmaldonado8681Patrick bet David’s insurance company
"With our new wedding-cake shaped business model, you'll be married to the business in no time."
😂🤣😂🤣😂🤣 so true‼️💯💯💯
we are hiring for copy-writers!
Lol... 😂🤣🤣
Hahahahahhahaha.....
Whoa man
Lord Engine - Great quote!
Pretty telling about the state of Jamie Kennedy’s career that Coffeezilla could not recognize that the guy in the third video was Jamie Kennedy
I came to the comments and was like wait what how is no one talking about the fact that Jamie Kennedy is doing MLMs now lol
Jamie... WHO!?
Thank god this comment was here. I couldn’t believe it was actually Jamie Kennedy. Malibu’s Most Wanted just isn’t paying the bills anymore.
Was just about to comment this
When we're young, naive, disillusioned or desperate we're more susceptible to these pitches, even respected universities are more-or-less using these tactics.
When I was young a guy at work got me to go to a bunch of World Financial Group meetings. It was one thing to waste a number of my summer evenings, it was another thing to phone and email my friends (without my permission or knowledge). How embarrassing🤦🏼.
Been there too, just gonna take the lessons from it and move on.
I remember a friend of mine talked me into going to a meeting about a great business opportunity. The company rented out a room in One Pen Plaza. It felt like a strange bizarre hype fest. I felt uneasy I thought I was going to get indoctrinated into a cult. Glad I know how to spot these now. But I hate it whenever there's a convention and I see those scumbags and their energy drinks.
I was 17 when I was approached by one of those PHP recruiters…. I remember when I told my family they all told me it was a scam and I was near tears cus I thought it was an opportunity of a lifetime lol. When I told the recruiter I can’t do it she started insulting and belittling me , trying to manipulate me into joining. That was the end of my “self help “ and “I hate 9-5” phase hahaha
Give us the name of the agent so I can go and give her a piece of my mind.
@Dingle berry McDo , last name???
Slightly related, I wanted to take a course on how to make millions from a guy online. My dad had to rip the bandaid early by pointing out that ID spent half an hour hearing things that were true but extremely generalized advice that would obviously make sense.
What’s PHP?
self help is not a bad thing. The PHP recruiters use the terms wrong to get you inside.
I always knew there was something fishy about Patrick. Never trusted him.
Just the Valuetainment logo was enough for me to be a cynic.
@@tear728 a lion ?
@@cinialvespow1054 the aesthetic
but you can't lie his youtube channel is entertaining as hell
Yeah I always got this weird vibe from him. I can just see some deceit in his face.
He is %100 correct about people misusing the term “business owners”
If you are a rideshare driver (Uber/Lyft) you are NOT an employee of Uber/Lyft nor are u a “small business owner”
You are an “affiliate” or a “limited partner or an “independent contractor”
Likewise if you are a UA-cam or a twitch streamer you are NOT an “employee” of Google or Amazon, you are a “partner”
(Aka a random person off the street whom they choose to tolerate)
In closing if “your business” can be “taken away from you” then you are not a “business owner”
If your UA-cam channel getting taken down ends your business, then you “owned” nothing
If your rideshare or food delivery contract gets deactivated, and that ends your “business” then you “owned” nothing 😂
Not really, an Uber driver gets to keep the car, as well as a UA-cam content creator still gets to keep the content in the event we get canceled on either. We can just market our services elsewhere.
@@gteixeira
How many rideshare drivers quit Uber and tried to “go private” make up their own list of clients they get paid by, and find success at it?- extremely few. Because they lost access to the millions of customers Uber provided.
As far as UA-cam goes, how man successful UA-camrs hit 10 million subs, then tried to start their own app, or competitor to UA-cam?, quite a few, there’s vids here on YT about how that turned out. 😂
The creators either fail n disappear, or they fail n end up back on YT, tail between their legs, literally making THIS face: 😅
If I recall correctly California does legally consider ride share drivers as being employees but they're the only state who does.
I want to send this comment to DSP
That's the thing. There is not enough margin on the product to make EVERYONE in the chain rich. EVERY person who makes a living MUST have people under them who work hard but DO NOT.
My neighbor’s daughter got an MBA from a decent school, and a year later was hanging out in gas stations trying to sell people some kind of MLM car wax 😂😂😂
Clearly you've never heard of door to door selling men's makeup kits coming to a premature zombie apocalypse near you!
brutal
That's just sad...
Doubtful
@@malvolio01 Press X to doubt
Friendly reminder that selling product and recruiting people doesnt make you a business owner. Having actual control or shares in the company does.
PBD may have started out as a drifter but honestly his podcasts on youtube are amazing and he brings on great talent.
Something you forgot to include was that those numbers are only taking into account people who were actually paid. That 67% of people making $200 with php seems bad but thereare waaaaayyyyyy more people than that who made literally $0 (I would know as someone who has been scammed). So keep in mind as bad as these nubers look they are inflated and in reality are worse than they look.
My mother has invested in so many MLMs. It hurts how obvious these scams are to me but she thinks that if she works hard she could make it someday. The worst thing is that she trusts literally everyone except my brother and I who keep warning her about these schemes.
These scumbag MLM’s pray on those types of ppl. Really sorry to hear that. Hopefully it hits her that you and your bro are the two ppl she should be trusting.
Show her this video
Someone love sweet poison than bitter medicine
Typically lonely people with few friends end up like this.
"Invested" is probably the wrong word.
Glad you covered Patrick Bet David.. his company is big in my city (Bakersfield) they recruit a lot of kids out of high school that end up working for free pushing the fake narrative online that they are making money, they want you to recruit and that’s it. They don’t assist you in getting your license it’s all a scam meanwhile the main bosses there pull up in bentleys and RR
I think they make the money from the initial $200 sign up fee, that seems to be his main generator or revenue
👍👍👍👍👍👍
how sad
Patrick Bet David is a legend!
@@controversialzimbabwetv6807 that's a controversial take, Mr. Controversial Zimbabwe TV
No wonder PBD is a fan of Tate 😅
Wolves
Coffee is absolutely brilliant in dismantling false claims of hyped get-quick rich and crypto scams.
My original red flag with PHP was when I saw that they’re $100 million business but they have 5000 employees. That’s an average of just 20,000 per year per employee.
They have over 20,000 now Lol
5,000 agents? Patrick says he has 16500 lic agents
@@Alex-vk7qg but yet only “10k” showed up to their BIg EVENT in Vegas! Lmfao. Sure!
the red flag is that it’s an MLM, you don’t need any other flags.
The same here. Almost got scammed by a low down agent who was trying to talk to me just to recruit me. Smh. I was so mad. But Thank God he sent someone to make me realize the truth. Greedy and want their dreams to come true no matter the cost of hurting people
That's Jamie Kennedy, from the Malibu's Most Wanted movie. An actor selling MLM
Man he's fallen a ton more than I thought
Ty. Knew i knew that face.
Was going to post this, but had to scroll to see if anyone else caught it
Lmao I thought that was him.
First known from 1 bloody season of The Jamie Kennedy Experiment...
Coffee needs to revist Patrict Bet david cause he is up to his old BS again
😂 He really destroys an entire niche😂😂😂
The McDonald's comment reminded me of a factoid I read about years ago. I was reading a book about poverty and apparently drug dealing is also sort of a ponzi scheme and drug dealing is very similar to an MLM. I was always under the impression that drug dealing was very lucrative, the downside off course was that it was extremely unethical and incredibly risky but that was how it defeated arbitrage. In reality its the same pyramid scheme as plenty of other things. The low level dealers who take almost all the risk and do all the work earn much less than McDonalds workers (in fact many have to work side jobs at McDonalds in the inner cities to survive). The mid level drug dealers still don't make that much but they spend everything on image, hence the 'bling'. So in reality even the mid level drug dealers are often quite poor but they seem fabulously wealthy on the street. Only the few at the very tippy top actually make vast amounts of money.
Oh, I’ve watched Breaking Bad
Freakonomics showed a study about that
You can make decent money if you grow the weed yourself, I have an uncle who lived purely from selling weed he grew himself.
it also hurts if you’re a customer as well. i know i can’t be a dealer lol i’d end up smoking or sniffing my supply.
I knew Patrick ran an insurance company but I didn’t know it was an MLM. Wow.
Same, but considering how slimey he seems and speaks... Is that really surprising? He doesn't seem like the kind of guy to just like insurance as an industry.
wow you really confirmed something about Patrick Bet David to me....all the times I've seen his videos I just felt something is off about that guy. Now to find out he has this terrible MLM company going makes all the sense in the world....too bad so many credible people go on his show
I think the BizDoc stopped having content there and I unsubscribed by then.
Me too! He just seems like such an overconfident scammer.
Same here, I thought there was something that came off as kind of slippery and when I saw him in the video I was "my intuition was right"
Some of his interviews have been fantastic, but over time it became more transparent that the dude is just another greedy capitalist.
He lives pretty wealthy off it too.
“The champ is here!”
Ears bleed automatically.
"The champ is here" sounds like a great parody wrestling theme. Cracked me up 😄
You too could make as much as an amateur wrestler, just get two friends to sign up!
Sounds like a bad Kanye West beat
Sounds like "the scam is here" 🤔
Ha, is that what they were saying? I was hearing Tamp and trying to figure out what in the world that was meaning.
Wow, all this time I thought PHP was an insurance company...
Same here…
That’s how most insurance companies work. Believe it or not. America is a scam and a lie.
Lol. No way. They’re an mlm that happens to do insurance. Huge cult.
It is. As much as I personally don't like PHP Agency, they are a legit business.
I just about fell out of my chair with an estranged relative called me out of the blue, regarding "something important". 15+ years no contact and she calls me with "an amazing opportunity" . When she said the name I IMMEDIATELY remembered this video! Thank you!!! I remembered the information shared on your channel and tactfully declined. (Despite her and her friend's tackiness in calling me this way in the first place.) So I guess he's still at it, holding flashy shows, with famous entertainers, people sharing their rags to riches stories, the whole nine yards. (Or cubic yards, since we're dealing with manure.) keep doing the good work you do to protect vulnerable people who are struggling financially.
I remember once watching the Valuetainment UA-cam channel and thinking: "This guy speaks like a creepy used car salesman, he'd be great in an MLM!" fast forward to this video and what do you know...
Right, Still Valuetainments as a channel has great value. This part of hi business life is good.
@@motgbg I actually don't like his Valuetainment interviews. His questions are very superficial. And he says "Got it" when people answer him like he's not really absorbing very much.
@@damienholland9432 lmao . I wonder who's interview you like
@@damienholland9432 I hate him he's clearly not as smart as he thinks he is, doesn't understand anything his guests talk about and always cuts them off or talks over them and asks redundant questions in a semi confident voice, can't stand him
@@damienholland9432 Valuetainment costs me NOTHING and I’ve gotten so much out of it.
Those who dislike this video are part of an MLM
Jaime Kennedy with the MLM bit😂
I've watch Patrick on valuetainment but I wasn't sure exactly how his company was. He makes it sound like he is in advertising and insurance. I didn't know he basically had had a pyramid scheme
“It’s because you didn’t work hard enough”
Dude, becoming a doctor is incredibly difficult. But if 95% of students quit medical school the first year, something would be obviously wrong with the system. Not the students.
IF they are med students smart enough to do that why are they not smart enough to recognize a snake oil salesman?
James juli said that
95% is probably a low estimate, more like 98-99% lol.
@@bobbygetsbanned6049 Nah 95% would still be very concerning. 98 or 99% is just ridiculous
I think 95% of people who try ANYTHING stop within the first year
And then Patrick goes around telling people how great he is, and how he got there by thinking 15 moves ahead. Yeah, bud... we just have the moral fabric that you're missing. That's what limits us from being your kind of rich.
Crazy…I didn’t know his biz was an MLM. Bummer 😢
True story: I once got invited to go to a "meeting at a church" from a guy I matched with on a dating site.... Turned out it was a scAm-way meeting. I got the strongest cult vibes, and got out of there!
I really thank coffee because i almost got reeled into a whole mlm scam after watching his videos and realized what if I didn’t watch his videos we need more people like coffee
As someone who got suckered into PHP and went through all the licensing BS and everything else... I'm really glad to start seeing them on this channel more.
So youre saying you couldn't make it work?
@@Geo_K012you made the classic nln guilt trip
I didn't know he ran an MLM. I just saw his podcast once where he rambled about things he had no clue about and wouldn't let his guests talk by either getting louder and talking over them or pretending to be an authority on the subject when he wasn't.
All these scammers. Usually exciting theatrical music is a dead giveaway that it's a scam.
The average sales and burnout rate is so bad that the only way to make significant money is to build a recruiting organization, not a sales organization. No one makes real money on their sales, only on the aggregate sales of their downline. But they tell you it’s a great opportunity, which is why it’s unethical.
Brilliant video. Exactly why all the pro-MLM's videos say 'don't get bogged down with the details, the compensation plan, etc.....'
If the MLM is making you buy into their “program”, and pay fees to them, they are scamming you.
The network are the customers…
how to lose friends and infuriate people by anyway
Looooool when the camera panned out to the old couple
I used to love Valuetainment, and although it was "nice", I cannot trust the words of someone who is scamming people.
Those who feed on other people's desperation by showing them pipe dreams are just mercenaries!
The worst thing a about MLM schemes is having a friend trying to trying to sell you MLM schemes. If your business model relies on you constantly trying to sell useless crap to your friends and family it’s likely a scam.
I love that these disclosures are out there and you're showing them.
The more I watch your videos, the more glad I am that I got out of that MLM as soon as I did. Not only was my anxiety screaming at me about how it was a terrible idea, their "training" meetings were nothing but cult-like self-indulgent meaningless fluff and near worship of the company's founder that got so bad, I even started asking "Is this a euphemism for something?" only for me to later answer, "This IS a euphemism for something!"
Finally went after PHP! I live 5 minutes away from a PHP Office in Los Angeles and most of the time they have a nice car outside probably to entice people to join
I was briefly employed by an mlm (actual employee in the office) and I took the bus to work. They argued why they couldn’t pay me more, but the small parking lot was full of super cars :/
No one did any work, I showed up my first day and waited outside for two hours because no one comes to the office, half the time I was alone there. They brought in all the cars whenever there was a big presentation (pitch).
@@estycki Wow it's not surprising they wouldn't care about their employees
If they sell a dream and not a product or a service, they are scamming you.
Love this guy, I wish you all the success. If Coffee gets bigger, it will save a lot of people their money and time
I was never the brightest mind in the room, but am I proud to have never fallen to these get-rich schemes!
You might have a brihgter mind than you think of yourself! I like your post!
Better with experience from the school of life VS an academic degree
I am happy to read that.
You don't have to be the brightest mind, just have wisdom. Wisdom takes you a lot farther in this life than intelligence does.
it's about not being naive as opposed to being smart. plenty of smart people get sucked into cults and stuff like that all the time.
Do a video on PRIMERICA! They're the sleeziest, most teflon MLM ever... because they apparently don't charge you an enrollment fee but basically get everyone to sell insurance, and people barely make anyting.
Primerica and Vector Marketing are the worst two by far
Totally agree
It's getting to the stage where i have to double check if certain channels haven't received the coffeezilla hammer blow before watching any of their stuff
Coffeezilla kind of became the myth buster of this age where get rich quick scheme running business is the only business that seems to be working! Its like Socrates asking questions to the sophists…
An MLM called World Financial Group made rounds in the area I was living at, when they went after me they framed it as a "job interview" after they had supposedly "saw my resume being passed around". The fake interviewer stupidly gave the obvious tells of an MLM ("you can be your own boss!" Was something he unironically said). One thing that stuck with me was when he gave an anecdote about how he asked his "boss" how he was making so much more money than him, and the boss said "because I'm not you". This guy trying to sucker me in was using a time where the guy who suckered HIM in straight up insulted him to his face as though it were an inspirational quote!
World Financial Group, avoid them.
I got some of their seminars on audio when someone tried to recruit me once, out of curiosity. They were wild. So much talk of how the business would save your marriage?
YESSS! I've had three friends get suckered into WFG (or Virtuity Partners, a subsidiary). One of my friends who fell particularly hard invited me to a group "interview" with them. I accepted, and then proceeded to keep posing basic math questions to the presenter where their business model pretty clearly shows the scam.
In the end, I had two burly men escort me out of the Citibank building where the WFG office was located (fun fact: lots of Citibank execs in bed with MLMs, including WFG). Apparently it struck a chord with my friend because he got out a month later.
Also, if you attempt a stunt like that, just make sure someone you trust knows the address of the interview, and instructions on what to do if you don't respond within a certain timeframe. Those burly bouncer dudes were pretty intimidating, NGL.
World Financial Group - isnt that the company Ed Mylett supposedly made his money from.
I'm arguing with a guy about why I don't want to be an "employee" in his company PHP. When you have to argue with someone about the reasons why you don't want to work at a place and he's still trying to convince you to work there then you definitely don't want to work at their company. lol Imagine, a legit employer beggin you to work at there organization like they need me more then I need them. Red flag.