Thursday, June 14, 2007

Next Sucker Syndrome

Whenever you don't provide any value in what you sell, except the promise of making a lot of money, you fall into the "Next Sucker Syndrome" (aka, the "Last Guy in Gets Screwed"). In other words, you sign up for a network marketing opportunity where you hope to recruit the "next sucker" so that he can then recruit the next and so on. This mentality drives speculators in bubble markets and people who engage in gifting programs. Often time, program jumpers are people who fall prey to "The Next Sucker Syndrome" but suck at lining up the next sucker.

All and all, if you get into this, I just hope you aren't the last sucker in.

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