Entrepreneurs: Few Pyramid Schemes Truly Last - The Sustainability Issue.
It is conventional wisdom (a Braintenance oxymoron) that ill-conceived Ponzi schemes , chain letter get-rich-quick schemes , and pyramid schemes , in general, eventually fall apart, leaving many disillusioned (and awfully angry) investors in their woeful wakes [alliteration, anyone?]. This is because these schemes do not create added value -- instead they are parasitic and unsustainable ; they do not involve investing for growth and gain, except for the shorter-term selfish benefit of their devious promoters. They cannot last because they do not plant anything for regrowth or return. Many seemingly-profitable businesses are actually generating unsustainable short-term profits by discarding Human Assets (they consider the salaries paid to these now unemployed individuals to be mere expenses) or economizing on investments that actually foster growth (they consider these investments to be costs). These businesses are depleters and they are ultimately destined to collapse. All of the bai...