Is BookWise a pyramid, ponzi, or get-rich-quick scheme?
No.
A pyramid scheme is a non-sustainable business model that involves the exchange of money primarily for enrolling other people into the scheme, usually without any product or service being delivered.
It's added to by the sad fact that there are many work-at-home and/or multi-level companies that really aren't ethical businesses. Without doubt some companies that are structured in a multi-level system do fit qualify as pyramid schemes, as do myriad companies that are not multi-level in nature. That dishonesty colors the entire industry, deserved or not.
BookWise, on the other hand offers so many products and services that it takes a whole page to briefly describe them, and more are being added all the time.
A ponzi scheme is a fraudulent investment operation that involves paying abnormally high returns to investors out of the money paid in by subsequent investors, rather than from net revenues generated by any real business.
In BookWise, revenues come from sales of books and services.
And if you're here to get rich quick, you're in the wrong place.
BookWise is a business. It's a business that is open and accessible to the masses because of it's low start-up costs and incredible company materials and support. But it's still a business. That means that it takes discipline, work, and skill to build it into a profitable, consistent, revenue stream. It's not magic. Money will not fall from the sky. But the possibility of a lucrative income is there.
America's number one business school, the Marriott School of Management at Brigham Young University, has a great article (taken from a speech) about what to look out for in a business opportunity. Take a few minutes to read The New Paradigm: You'll be left with only a pair of dimes by Dean Ned C. Hill.


