If you’re thinking of starting a blog, you may be wondering if it’s a pyramid scheme. Pyramid schemes are illegal in the United States, and they can be very risky. Here’s what you need to know about blogging as a pyramid scheme:
1. You’ll need to recruit others to join your blog.
2. Once they’re on board, you’ll need to recruit more people to join their blogs.
3. Once those new bloggers are recruited, you’ll need to recruit even more people to join their blogs.
4. This recruitment process will continue until there are no more new bloggers, at which point you can cash in on your followers by selling products or services to them.
A pyramid scheme is a scam where people are paid for recruiting others into the scheme. In a blogging pyramid scheme, the more members you have, the more money you make. This is because each member of your blog group is responsible for bringing in new followers and monetizing them through sales or other activities.
While this may seem like an easy way to make money, it’s actually very risky. If someone doesn’t want to join your blog group or can’t generate enough sales from their followers, they could lose a lot of money.