Another Pyramid Scheme finds trouble.

[coloradodem2005]

It is Excel Communications. I actually had my involvment with them 6 years ago. That is where I learned how evil pyramid schemes/network marketing is.

Excel Communications: Look Before You Leap Forum

As a reporter, I have been getting a healthy quantity of email reporting that there could be big problems developing with Kenny Troutt's Excel Communications
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The strength of Excel Communications (the fourth largest of the top telecommunications companies) lies in its unique marketing approach. Excel Communications does not advertise; instead, they use network marketing (a shirt-tailed cousin - although legal - of pyramid schemes).

The basis of their marketing modality is to recruit independent representatives that gather a few customers, who recruit independent representatives that gather a few customers, ad nauseum...

The tightly-knit system has worked for some time, even after its founder said, "goodbye," to the company that began a trend of being bought-and-sold more times that one cares to count.

A silent murmuring began within the network. Our news-line began to receive inquiries from new representatives within the organization, who questioned the ethics of Excel. Reports included a promise to pay bonuses based on certain performance requirements. After the representatives met the requirements, and the promises made, no bonuses were paid.

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http://www.newbusinessnews.com/research/excel.html