Let’s not compare Forex Trading to Telex Free. It’s not a scam

Yes, I am aware that many individuals have been duped, but this is due to the fact that few people take the time to comprehend what they are investing in. They approach investing with a strong emotional component. If you play with their emotions just a little, they’ll open their wallet. Tell them it’s easy and free money, and they won’t have to work for it. It’s a no-hassle way to make money.

I remember having a talk with my cousin about telex free and telling them not to invest in it, but they insisted on doing so, resulting in them losing their money. I had, of course, done some preliminary study on them, and the results were uninspiring.

Then there was Aim Global, which I believe Ugandans simply did not comprehend. The folks that sold it to Ugandans did it underhandedly because, as I’m sure they know, Ugandans despise sales.

When you sign up for network marketing, you are agreeing to work as a salesperson/agent for a specific firm or product. Sales is a commission-based job all over the world, but Ugandans despise it. They despise the idea of profiting from your efforts. They want to be compensated for their appearance rather than their delivery.

That is why we have a small sales force. If you post a job opening for salespeople, you’ll get three applications at most. If you post a job opening for a receptionist or office administrator, you will receive a flood of applicants.

Why? Ugandans despise salespeople. It means they must earn as a result of their direct involvement and performance, which most people don’t want since they know they won’t.

There is nothing wrong with network marketing, except for the manner it was promoted in our country to get people into it. It’s all about “marketing,” and you’re the marketer.

Forex trading has been around for a long time. On the financial markets, it is the purchase and sale of currencies. All banks, as well as insurance companies and hedge funds, trade in currency.

When you give them your money, they put it partly where they want it and pay you 1% of the profits for making money with it. It’s a respectable company that has existed since the beginning of time.

When I urge people to invest in something, I always tell them to look at what’s being sold and what’s being bought. Buying and selling things is the foundation of investment.

So, what exactly are we trying to market here? That is a question you should always ask before investing in anything.

How can you earn money to pay back investors if you don’t have a product or service to sell? What did Telex Free have to offer? Nothing. What did Aim Global have to offer? medical supplies

What does Gokafoods have to offer? Doughnuts, dads, bindazi, and, shortly, bread, buns, cookies, and other baked goods What does Campus Doctor have to offer? Healthcare. What does Boroboro have to offer? Money.

There has to be something to sell at all times since that is how money circulates.

Selling is how money grows, so don’t waste time investing if nothing is being sold or bought. Don’t waste your time investing if you don’t grasp what’s being sold.