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The Slack Lagoon
Jun 17, 2008



It's like getting free buttcoin 7 years ago

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Panfilo
Aug 27, 2011
Probation
Can't post for 3 days!
MLMs sure have a lot of traction with stay at home moms. Its funny how gullible people are; the same people that would :rolleyes: at the zillionth school fundraiser selling overpriced wrapping paper will gladly shill this crap.

People will groan at lovely Etsy products but in that case at least the person is making something tangible themselves, with more freedom to just stop if they are tired of losing money on it. But MLMs really suck people in. I'm especially surprised people still think they can hock products this way when you can just buy stuff on Amazon or Alibaba.

Lockback
Sep 3, 2006

All days are nights to see till I see thee; and nights bright days when dreams do show me thee.
Man, some people get a raise and go frickin hog wild
https://www.reddit.com/r/personalfinance/comments/9smha6/plenty_of_debt_trying_to_work_on_bettering_my/

Plenty of debt, trying to work on bettering my habits

quote:

So this is half getting things off my chest and half looking for advice. Kind of a long story but I'll keep it simple.

5 years ago I got a pretty big promotion, about an additional 30k per year plus lots of overtime and not much stress. I was commuting 10 minutes to work, moved into a much nicer, more expensive apartment with my then girlfriend, and treated myself to a dream car after having crank windows my whole life. My girlfriend was working part time but it was a job she loved so I didn't mind paying all the rent, she took care of food and utilities. Her car ended up dieing and her credit was horrible, mine was right around 770. We we're planning on getting engaged soon so I got a car in her name that she could just pay me monthly for, about $150 a month.

Fast forward to 2 years ago and where I work went through a major financial review, and overtime disappeared entirely, about 15k per year worth of bonuses are gone, and my office was moved to over 30 miles away, so my commute is now about 45 minutes plus $250 in tolls per month. I had to start using credit cards and a loan due to car repairs and lots of medical bills after we got in an accident in her car that was almost, probably should have been, totaled. We also booked a "dream" vacation months before most of it happened and couldn't cancel, so that was another few grand.

This past year we broke up, and since the car was in my name I'm stuck with two cars. Mine is still upside down and nobody wants the one she drove as a trade because of the accident, which I still owe 6k on. I have a loan through my credit union that I'm paying a couple hundred a month to try to pay off, plus I still have student loans. The worst mistake was having to live off of credit cards for the past year so I have a couple maxed out, Wich brought my credit score way down.

Since then our pay decreased, and I considered getting a 2nd job but my hours fluctuate a lot so it's not really possible. This past month the timing chain on my now ex's car went and it's still sitting at a dealer. They said they might cover some of it since it has less miles than the suggested milage. One thing I'm considering is trying to trade both cars for something extremely cheap and roll everything I owe into it, but I know my interest is going to be absurd and my current car loan is 1.9%

I've been considering tons of options, but feel like I'm just barely staying afloat. About 2 weeks every month my checking is overdrawn by a few hundred. I know I've made some stupid mistakes thinking that I'd keep my same pay but it went downhill very fast. I went from about 8k total debt on my student loans to a total of about 50k in total debt.

Again, just getting it off my chest. I've tried a few side projects to get more income but nothing has been successful yet.

Easychair Bootson
May 7, 2004

Where's the last guy?
Ultimo hombre.
Last man standing.
Must've been one.

therobit posted:

My wife at one point wanted to write a book about MLMs when she noticed every stay at home mom she knew was doing them, so she signed up with Meleluca to learn about it.

ah yes, the Pete Townshend defense

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog
Cutco knives seem OK enough, and you can't put a price on watching an incredibly nervous teenager try to cut a penny in half with scissors.

I just feel bad supporting the model, though. They've got to sell $6,000 of knives before they break $1k in compensation. Part of me wants to just give them money directly, but that's just insulting so Hook me up with that Cutco ice cream scooper, boss.

baquerd
Jul 2, 2007

by FactsAreUseless

GoGoGadgetChris posted:

Cutco knives seem OK enough, and you can't put a price on watching an incredibly nervous teenager try to cut a penny in half with scissors.

I just feel bad supporting the model, though. They've got to sell $6,000 of knives before they break $1k in compensation. Part of me wants to just give them money directly, but that's just insulting so Hook me up with that Cutco ice cream scooper, boss.

They are made from steel that is highly corrosion resistant, which means they can stand up to a certain amount of abuse and mistreatment. Their serrated edge is not terrible. They are around three times the price they should be though, and are not knives that hold up to their claims of being equal to high end German knives at all.

totalnewbie
Nov 13, 2005

I was born and raised in China, lived in Japan, and now hold a US passport.

I am wrong in every way, all the damn time.

Ask me about my tattoos.
I'm going to bet that their finished steel quality is average at best.

Any stainless knife you paid more than 10 bucks for will put up with a good amount of abuse and neglect.

mastershakeman
Oct 28, 2008

by vyelkin

GoGoGadgetChris posted:

Cutco knives seem OK enough, and you can't put a price on watching an incredibly nervous teenager try to cut a penny in half with scissors.

I just feel bad supporting the model, though. They've got to sell $6,000 of knives before they break $1k in compensation. Part of me wants to just give them money directly, but that's just insulting so Hook me up with that Cutco ice cream scooper, boss.

My friend came over to sell cutco knives and my dad, who is missing a finger from a farm accident, picked up the scissors and then started screaming and waving his finger stump around and horrified my friend for a good ten seconds before he remembered the truth . I hope that kind of stuff happens a lot to those salespeople

Owned

Ixian
Oct 9, 2001

Many machines on Ix....new machines
Pillbug

therobit posted:

I think there are kind of levels to how spammy an MLM is though. Mary Kay is an actual product that people buy, and it is possible for the sales rep to make a living selling the product. Cutco is also about selling a product, it just isn't a great product and is overpriced (don't tell that to the working class folks in my hometown though, they all paid to much for it and love it). Then you have Amway, Meleluca, etc where they tell you to make money by making more sales reps. Those are what I think of when we talk about MLM scams.

It's sad too. My wife at one point wanted to write a book about MLMs when she noticed every stay at home mom she knew was doing them, so she signed up with Meleluca to learn about it. We actually liked the products but they were ridiculously overpriced. If they focused on making a good product asks selling through retail channels they would have something. The stain spray worked better than Spray and Wash or Shout.

In the end my wife could not bring herself to lie to all her relatives to sign them up for a scam and abandoned the project.

My mother had been biting her tongue the whole time and was relieved when my wife explained that she'd never actually believed she would make money at it. Mom had bought a couple hundred dollars worth of poo poo she didn't want just to be supportive and because she is too polite to say no.


My take, right or wrong, is no matter how good the products they offer may be, if the business model is based on leveraging a large base of non-employees for direct sales, and in turn the majority of the comp. said non-employees (or "business owners") earn is based not on commission on their own direct sales but rather how many people they sign up and how much those poor fuckers sell, many layers deep, then it is by definition an MLM. And also a lovely way to do business in my opinion.

It's a poo poo model that in practice seems to end up taking advantage of desperate people and drives family and friends apart.

DominoKitten
Aug 7, 2012

This is reminding me that I should catch up on listening to the podcast The Dream, the first two episodes were very good and I'm simultaneously fascinated and repulsed by MLMs. The host puts a very human face on what drives them, which I think is good for me to keep in mind.

Sock The Great
Oct 1, 2006

It's Lonely At The Top. But It's Comforting To Look Down Upon Everyone At The Bottom
Grimey Drawer

therobit posted:

I think there are kind of levels to how spammy an MLM is though. Mary Kay is an actual product that people buy, and it is possible for the sales rep to make a living selling the product. Cutco is also about selling a product, it just isn't a great product and is overpriced (don't tell that to the working class folks in my hometown though, they all paid to much for it and love it). Then you have Amway, Meleluca, etc where they tell you to make money by making more sales reps. Those are what I think of when we talk about MLM scams.

It's sad too. My wife at one point wanted to write a book about MLMs when she noticed every stay at home mom she knew was doing them, so she signed up with Meleluca to learn about it. We actually liked the products but they were ridiculously overpriced. If they focused on making a good product asks selling through retail channels they would have something. The stain spray worked better than Spray and Wash or Shout.

In the end my wife could not bring herself to lie to all her relatives to sign them up for a scam and abandoned the project.

My mother had been biting her tongue the whole time and was relieved when my wife explained that she'd never actually believed she would make money at it. Mom had bought a couple hundred dollars worth of poo poo she didn't want just to be supportive and because she is too polite to say no.

There's a podcast that just premiered a few weeks ago called The Dream which is this same concept. They join a MLM just to see where it takes them.

Power of Pecota
Aug 4, 2007

Goodness no, now that wouldn't do at all!

How much does a standard Cutco chef's knife/knife set cost if you buy it through the MLM person?

I only knew one guy who fell into the selling for Cutco thing and I shut the cold call pitch down by telling him I lived three states away (which he'd know if he talked to me once in the three years after he graduated high school) before it got into any specifics.

golden bubble
Jun 3, 2011

yospos

At least on Amazon, a standard Cutco chef's knife averages about three times as expensive as a Victorinox 8-inch chef's knife. I think the Victorinox knives are still the standard for budget value knife that's still good enough for a proper chef. At the Cutco price point, you can get knifes like the Miyabi Kaizen Chef knife, Tojiro DP Damascus knives

golden bubble fucked around with this message at 19:07 on Oct 30, 2018

Motronic
Nov 6, 2009

5.1" Santoku by Cutco, full tang, riveted through the handle: $105.
5" Santoku by Henckels, International classic series - everything the cutco has plus hollow ground, nicer in every way: $42

therobit
Aug 19, 2008

I've been tryin' to speak with you for a long time
Is the Kai Pure Komachi still the main recommendation for knives you don't have to give a poo poo about? I like to have something around that I can let my kids or houseguests use and that I can throw in the dishwasher if I am feeling lazy. If Cutco was not so expensive I would just buy those, but not at more than the cost of a real knife.

Not a Children
Oct 9, 2012

Don't need a holster if you never stop shooting.

therobit posted:

Is the Kai Pure Komachi still the main recommendation for knives you don't have to give a poo poo about? I like to have something around that I can let my kids or houseguests use and that I can throw in the dishwasher if I am feeling lazy. If Cutco was not so expensive I would just buy those, but not at more than the cost of a real knife.

A combo of Victorinox 8" Chef's knife and 3.25" paring knife have been right by me for years and can be had for less than $50

totalnewbie
Nov 13, 2005

I was born and raised in China, lived in Japan, and now hold a US passport.

I am wrong in every way, all the damn time.

Ask me about my tattoos.

Power of Pecota posted:

How much does a standard Cutco chef's knife/knife set cost if you buy it through the MLM person?

Their cleaver is 205 bucks. You can get one from a Chinese market for 20 and it's just as good.

Risky Bisquick
Jan 18, 2008

PLEASE LET ME WRITE YOUR VICTIM IMPACT STATEMENT SO I CAN FURTHER DEMONSTRATE THE CALAMITY THAT IS OUR JUSTICE SYSTEM.



Buglord
Just get a honing steel and save $205 dollars on a new knife

therobit
Aug 19, 2008

I've been tryin' to speak with you for a long time

Not a Children posted:

A combo of Victorinox 8" Chef's knife and 3.25" paring knife have been right by me for years and can be had for less than $50

Yeah I have some real knives that I use and care for properly, I just want something sharp enough but cheap that I can be a lot more careless with.

Sundae
Dec 1, 2005

therobit posted:

Yeah I have some real knives that I use and care for properly, I just want something sharp enough but cheap that I can be a lot more careless with.

Find a restaurant supply store in your area and head to the knife section. $15-20 gets you something good enough to last through years of abuse and spouses putting it in the dishwasher. It won't be the greatest thing under the sun, but neither, presumably, is any of our cooking. :v:

Edit: Maybe more like $25-30? My knife is old now, and probably so is my advice.

Sundae fucked around with this message at 20:23 on Oct 30, 2018

therobit
Aug 19, 2008

I've been tryin' to speak with you for a long time

Sundae posted:

Find a restaurant supply store in your area and head to the knife section. $15-20 gets you something good enough to last through years of abuse and spouses putting it in the dishwasher. It won't be the greatest thing under the sun, but neither, presumably, is any of our cooking. :v:

I'll have you know that my bastardized attempts at Asian cuisine are truly gourmet!

Sundae
Dec 1, 2005

therobit posted:

I'll have you know that my bastardized attempts at Asian cuisine are truly gourmet!

You should see how thin my Velveeta slices are.

Vox Nihili
May 28, 2008

totalnewbie posted:

Their cleaver is 205 bucks. You can get one from a Chinese market for 20 and it's just as good.

Cutco is terrible but lol @ this.

bob dobbs is dead
Oct 8, 2017

I love peeps
Nap Ghost
chinese cleaver is more like a chef's knife than a western cleaver. it won't stand up to a ham bone but a western cleaver will

Inept
Jul 8, 2003

therobit posted:

My wife at one point wanted to write a book about MLMs when she noticed every stay at home mom she knew was doing them, so she signed up with Meleluca [...]

Mom had bought a couple hundred dollars worth of poo poo she didn't want just to be supportive and because she is too polite to say no.

This is worse than a regular MLM person.

Krispy Wafer
Jul 26, 2002

I shouted out "Free the exposed 67"
But they stood on my hair and told me I was fat

Grimey Drawer
My daughter’s ex-boyfriend graduated high school and did Cutco for the summer before college started. Stupidest loving thing ever and I’m pretty sure the hunting knife my wife bought for her dad’s Father’s Day gift was his only sale. And it wasn’t like we really helped him. He probably got $10 for the ‘appointment’ and a few bucks in commission. We’d been better off giving him a $20 and asking that he never talk to us again.

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog

Krispy Wafer posted:

My daughter’s ex-boyfriend graduated high school and did Cutco for the summer before college started. Stupidest loving thing ever and I’m pretty sure the hunting knife my wife bought for her dad’s Father’s Day gift was his only sale. And it wasn’t like we really helped him. He probably got $10 for the ‘appointment’ and a few bucks in commission. We’d been better off giving him a $20 and asking that he never talk to us again.

It's obscenely predatory and misleading. They use the name Vector Marketing in their job postings and do not make ANY reference to the fact that it's knife sales. They refer to it as Customer Service Specialist at $20/hour (the average sale takes 30 minutes and results in a $10 commission).

The sales reps are paid entirely on commission and must pay $170 for a "demo kit". You break even once you've sold $1,000 of knives.

Cutco gives you literally zero leads, and holds nightly "workshops" that consist of writing down the names of all your friends' parents and parents' friends.

The kids know drat well they've been duped within a week of the job, so handing them $20 and telling them to scram just makes them feel even worse.

The Chairman
Jun 30, 2003

But you forget, mon ami, that there is evil everywhere under the sun

FAUXTON
Jun 2, 2005

spero che tu stia bene

bob dobbs is dead posted:

chinese cleaver is more like a chef's knife than a western cleaver. it won't stand up to a ham bone but a western cleaver will

Okay fine you can get a victorinox fibrox cleaver for like $60 and it will a) last fuckin forever b) survive the dishwasher because the handle is that fibrous plastic stuff.

E: honestly any cutco knife is probably a lovely deal compared to the fibrox ones.

Motronic
Nov 6, 2009

FAUXTON posted:

Okay fine you can get a victorinox fibrox cleaver for like $60 and it will a) last fuckin forever b) survive the dishwasher because the handle is that fibrous plastic stuff.

E: honestly any cutco knife is probably a lovely deal compared to the fibrox ones.

It's not clear to me what people use cleavers for in TYOOL 2018. Boning knife + knife skills works a treat for me. I'm not really ever looking to shatter bone because I'm not trying to break down primals at home and my butcher has a band saw for that poo poo.......

Chintown hardware store cleavers are awesome and it's my go-to knife, even with a block full of more expensive german poo poo.

moana
Jun 18, 2005

one of the more intellectual satire communities on the web
"Bred for Western Pleasure"

god horse people are weird

bob dobbs is dead
Oct 8, 2017

I love peeps
Nap Ghost

moana posted:

"Bred for Western Pleasure"

god horse people are weird

if you accept that it's psychological displacement for sex, it's not very weird

GoGoGadgetChris
Mar 18, 2010

i powder a
granite monument
in a soundless flash

showering the grass
with molten drops of
its gold inlay

sending smoking
chips of stone
skipping into the fog
Horse people literally want to gently caress the horse

Xenoborg
Mar 10, 2007

3/4 brother is a new one to me:

quote:

3/4 brother
The male offspring of a horse's sire/dam that is by/out of a sibling of its other parent.

bob dobbs is dead
Oct 8, 2017

I love peeps
Nap Ghost

Xenoborg posted:

3/4 brother is a new one to me:

jesus christ

Motronic
Nov 6, 2009


Welcome to breeding. This is no different in dogs or whateverthefuck else people like to inbreed for conformation to a breed or bloodline.

Propaniac
Nov 28, 2000

SUSHI ROULETTO!
College Slice
BWM: Spending years working for free to build a business worth over $800k, then finding out the business is actually wholly owned by your vindictive parents.

Closing a business over a Gay Wedding

quote:

At the beginning of 2017, my wife and I started a business with my parents. It was a dream of ours but we didn't have the money for it. My parents paid the down payment for the building, down payment the land and the cost of the formation of the LLC. In the development of the business, we all contributed ideas but the knowledge, experience, name, logos etc. were all my wife and me. I was always said we were a 4 person partnership. Once the business opened it was just was my wife and I running it. Every payment for the building, land and lines of credit were paid by revenue generated by the services my wife and I sell.

Fast forward a year and my wife and I decide we're going to be closed for Easter Sunday, our business requires someone working 365 days a year, we just wanted to be closed to the public for our employees to take more time with their families. This caused a huge argument, and we put our foot down and said we wouldn't be open to the public. My parents told us no, sitting the fact we aren't religious. More arguing ensues and then it is revealed to us that we are not even listed on the LLC, just my mom and dad. This devastated us. We are the face of the company and we have put in all of the extra work making the business what it is today. My parents had the company valued and its worth more than $855,000 in the first year. They told us we could buy the company from them for $500,000, and that didn't include the land and building because they had purchased those under a separate llc.
My sister has been dating a woman longer than I've known my wife and they recently got married. My parents refused to acknowledge it and I had to walk my sister down the aisle. Following the wedding, my wife posted pictures of the wedding on facebook to share with my sister, her wife, and our friends and family that were there. I had previously deleted my facebook because I shared something about a local school board candidate but was told by my parents to take it down for being too political, so I just deactivated the whole thing.

My parents have taken every wedding post by us or our extended family as a personal attack on them, posted for the explicit purpose of hurting them. They told us that they were taking back the raise we had been given because of the post and that "any continued pain to our immediate family (leaving the post up on facebook) will cause immediate action on our business ventures, (mom) will not have you post pictures posted of (sister's) gay wedding or political comments. We will close and sell (the business.) We will not have anyone drag our Family name to make themselves feel good about themselves" There are many more texts along the same lines but this is the most relevant.
We were told we'd receive our half ownership when the final line of credit is paid which is happening in December but we are ready to walk away and get as far from my parents as possible. What recourse do we have? How can we free ourselves of them?
I'll do my best to answer any follow-up questions
tl;dr Parents are going to close and sell a business that we built because we shared photos on facebook of my sister's gay wedding.
Edit: Location Texas, USA

TraderStav
May 19, 2006

It feels like I was standing my entire life and I just sat down
JFC, we are in a dark timeline.

I like how he snuck in there that even after the $500k they won't own the building and land.

Lockback
Sep 3, 2006

All days are nights to see till I see thee; and nights bright days when dreams do show me thee.
The parents paid for everything and gave him a set salary and he never put his name on anything. Why on Earth did he not think he was an employee?

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knox_harrington
Feb 18, 2011

Running no point.

gently caress it, sounds like the parents not only own the company but have all the liability as well, and none of the expertise. Quit the company, set up your own with that $500k, take the customers.

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