Does a Cash Gifting Program Really Work as a Home Based Business Alternative?

The Truth About Cash Gifting...Part 1

By Michael J Kohn, published Oct 05, 2007
Published Content: 18  Total Views: 6,451  Favorited By: 2 CPs
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We've all heard about the next BIG home based business opportunity. You know, the one that will make you an instant millionaire and you won't have to do any work to get there. All you have to do is send in your money and the next thing you know in 30 to 60 days you will never have to go to the 9 to 5 ever again. Yes, and I have a parcel of land ...

We also all know that marketing on the internet can be a risky business at best if we know nothing about the company or better yet some of the people that promote the company. More and more we all need to have our scam radar working overtime to decipher the real work at home opportunity from the Get Rich Quick scheme.

One of the best income opportunities ever offered is a "real" Cash Gifting program. Now with that said it must be brought to light that there is a difference in this type of program. Some cash programs in the past were just "pyramid schemes" dressed up for a night out on the town. So let's look at what it takes to make a real Cash Gifting program work for anyone that gets involved.

Cash Gifting can be defined as: The act of privately or publicly giving another person or entity a declared sum of cash, (as a gift) and giving it freely without coerce or consideration. Cash Gifting is in no way a loan or any type of payment for goods or services received. Now guess why it's called a cash gift... because that's exactly what it is.

Let's lay out a few of the reasons some of the Cash Gifting programs in the past have failed in a very short time:

1) The founders of some of these programs had no concept of how to set up a proper
Cash Gifting program to assist the members with a working "business model". Any home based business or work at home opportunity needs a proper plan of operation to be a success, even a Cash Gifting program.

2) No tracking system was devised to keep all of the members abreast of what monies were coming their way or when to expect them.

3) There were no legal documents created nor provided to outline the transfers of cash gifts from one person to another.

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There is a basic law of science that you can't take more out of a container than you have put in. So unless you are selling a product that can be continually reproduced for resale to customers rather than members, there is physically no way for you to be "gifted" with more money than you put into the gifting program unless someone else loses money. This seems like simple common sense to me, but none of the hundreds of gifting programs I've seen ever mention how they get around this fact. Consequently, I have no choice but to believe that gifting programs, whether the legal authorities are prosecuting them or not, are simply pyramid schemes the same as chain letters. I do believe that adults have the right to gamble or throw away their money if they please, so I'm not arguing whether they should be legal or not, just that they are not what they are touted to be by all the people trying to earn by being at the point of the upside down pyramid.

Posted on 07/12/2008 at 9:07:25 AM

 
H i owner of Allprospernow.com.Just o set record straight we are not like the others we are a reverse one up membership.Most of these systems your correct have no proper legal documents or proper database witch takes care of who what and where. We only administer it .We ar not a business have no products or coerce anyone. They join and it is all explained on site clearly .We also have legal form by law that need to be sent to the receiver to complete the pledge.Since our is a Reverse one up your first person that pledges back goes back to you and you are no cash out of pocket ,your second person now is your Qualifier .After that you can build recieving lins ,remember you are not out of pocket .We now also have a roll up feature which is works well .If you say come in at $500 and first person joins at $1850the person who is at $500 receives the $500 but the rest goes up to member who is pledged at $1850.But you could upgrade to full status of $1850.00 before they join very fair .The s

Posted on 01/30/2008 at 5:01:17 PM

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