Most internet marketing gurus make money teaching people to be internet marketing gurus. Isn't this a kind of Ponzi scheme?
About Me
- Steven Barnes
- For the last thirty years or so I’ve been a lecturer, coach, novelist and television writer. For the last forty years I’ve been involved variously in the martial arts, and for all my life I’ve studied and enjoyed yoga. Not that I worked at it as hard and honestly as I should have—I’d be a combination of BKS Iyengar and Bruce Lee if I had. After publishing about three million words of science fiction (including the New York Times bestsellers The Legacy of Heorot and The Cestus Deception) and having about twenty hours of produced television shows (including The Twilight Zone, Outer Limits, Andromeda, and Stargate, as well as four episodes of the immortal Baywatch), I’ve got opinions on the writing life. After earning black belts in Judo and Karate, and practicing the Indonesian art of Pentjak Silat Serak for the last fifteen, well, I have some opinions there, as well. And having struggled to live consciously since childhood...well, those opinions are probably strongest of all.
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1 comment:
Technically it's not a Ponzi scheme, but it is a racket.
A Ponzi scheme is characterized by paying returns from future investments rather then from actual earnings (of course there is a falsified record of high returns to justify the payouts). Everyone is happy until the returns just get too big to keep rolling forward or more then a few people start pulling money, which isn't there, out of the investment.
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