2021 0422 - Coffeezilla / The High Vibration Congregation - Confronting Patrick Bet-David LIVE - PBD - (PHP - People Helping People)
- 44 - Coffeezilla - most people won't make any money
- PBD - I would agree with you.
- 48 - Amway
- 49 - Predatory Marketing - re: People joining MLMs
- 50 - [Bonk: Not talking about the same thing]
- PBD - re: Agents Selling Life Insurance
- Coffeezilla - re: PHP Selling the Dream of Selling Life Insurance
- 53 - PBD - I'm a sales guy, not a CEO. Midland.
- 54 - PBD - You are right, we recruited desperate agents, Advance Premiums, LOA, Chargebacks, Rogue Agents, PWC - Accounting Firm, Audit, Quality of earnings, What kind of person do you think I am? Valuetainment,
- Coffeezilla / Amish - We love Valuetainment
- Amish - That makes it worse.
- Coffeezilla - I think you don't know or you have so much cognitive dissonance about it.
- 56 - Amway - Rich Devos -
- Coffeezilla - I believe that Rich Devos was probably a beautiful man - Cognitive Dissonance -
- Amish - I think the moral corruption was done by Rich Devos and now you guys can just .....
- PBD - That's an unfair statement.
- Coffeezilla - at some point he had to look past the loser rate of his company and he had every incentive to do so.
- Coffeezilla - The game with MLM has been played out. PHP Compensation plan, I want to warn the people in my audience, MLM is a bad business model to get involved with, I think it should be shut down, its based on false advertising, if people were told the truth upfront the ability to recruit - You wouldn't have any recruits.
- 59 - PBD - Free speech,
- You are Mixing Insurance vs MLM. Insurance is highly regulated. New York Life - Lawsuit - Does a fantastic job,
- All Insurance paying companies paying in levels.
- 01:01:00 - PBD - I think you have selective hearing
- When you let anybody and everybody in ...
- Regulated industry, Rogue agents
- New York Life - recent lawsuit
- 01:04:00 - Coffeezilla - It's not roque agents that make it look bad, it's
- Numbers - cut through
- Life Insurance Industry MLM vs other MLMs
- I'm not looking at rogue agents, I'm looking at agents expectations of success.
- 01:05:00 - PBD -
- Licensed agents - active vs
- 1:07:00 - This industry is not for you.
- 01:08:00 - Amish
- MLM is paying the government to keep this legal
- 01:09:00 - PBD - If you are trying to get under my skin
- 01:10:00 -
- Amish - Insurance is shady for other reasons
- PBD - Bring on the Devos family, judge individual companies, some people in Amway do the right thing. People who don't do it right don't make it long term.
- Amish - Amway paid the Government to make it legal, Recruiting, what is the value to society.
- 01:12:00 -
- PBD - Interview with Concrete
- My request of you is don't generalize too much.
- I don't talk about PHP on Valuetainment
-
- 01:16:00 -
- Amish - we didn't talk about Amway paying off the government.
- My real question is if it's such a great business, then why do they have to pay off the government.
- Coffeezilla - he's a good storyteller, numbers, smooth talker, he's overlooking the data, cherry picking info to support his world view.
- 01:19:00
- Amish - re 50 - [Bonk: Not talking about the same thing]
- 01:20: -
- 01:21:00 -
- 01:24:00
- Amish - Devos - had to pay off the government
- Amish - Do you think PBD doesn't know?
- 01:26:00 - were we trolls,
- 01:27:00 - Amish - WFG Video-? - Sales Guy - paying off government, potions and lotions
- 01:28:00 - Coffeezilla - PBD is a legendary storyteller, best debate by far, Data is on my side, I'm not a great debater,
- Amish - Real Estate Brokers - He's got a point
- Coffeezilla - it's the same numbers - across mlms,
- 01:31:00 -
- Amish - evil... PBD is like the Joker... PHP is like a thinly veiled pyramid scheme
- Coffeezilla - PHP as a MLM is probably doing more harm than good.
- 01:31:00 -
- Coffeezilla - You were getting under her skin
- Amish - I don't know if PBD can have a philosophical conversation.
- Coffeezilla - I know that deep down PBD is a numbers guy.
- 01:34:00 -
- Coffeezilla - Do you think lobbying to Congress is always a scam?
- Amish - Yes.
- Coffeezilla - Types of Lobbying - Walmart, Louis Rossman (Right to Repair)
- What are MLM's Lobbying for? The Distinction between MLM's vs Pyramid Schemes.
- Amish - Lobbying has become pretty corrupt.
- ⇒ Coffeezilla - Big bone with MLM - Recruiting - Easy business
- Amish - PBD - Joker - Likeable Villain - Amway - 1979 Court Case
- Coffeezilla - Contributions - Politicians - Presidents - Amway - Rich Devos Funeral (George Bush),
- 01:39:00 - Amish - Lobbying is very close to corruption... in my opinion.
- 01:40:00 - re: John Stossel
- 01:42:00 - Amish - Insurance Agents - They aren't breaking any laws.
- 01:43:00 - John Stossel - Wrestler
- 01:43:00 - Amish - If you are going to do a Scam, Do PBD
- 01:46:00 - John Stossel - Wrestler - hit
- 01:46:00-02:30:00 - Elaine - Invested Lifestyle
- Amish - Coffeezilla of the Phillipines
- Elaine - re: PBD - Comparing with Real Estate Agent
- Real Estate Agents get paid when you sell
- PHP - You get promoted when you recruit
- Coffeezilla - people have to lose for you to win
- Elaine - Life Insurance products is a long term product. Primerica
- Amish - PHP Sales guys Video -
- Elaine - I was recruited to WFG.
- Amish and Elaine - Dads were in MLMs
- Amish - half the time they say it's so easy, half the time they say it's a lot of work
- WFG
- Elaine - WFG Presentation, being recruited by friends and family. it's like a Cult. told - Millionaire in six month. Selling me $300 insurance
- PHP and WFG are the same.
- Elaine - taxes - Senior Marketing Director - 2k, 22k, Food Stamps
- Coffeezilla - Agent Churn / Turnover rate
- Saphire MLM
- Elaine - teenagers, Pledge to Founder, fake scholarship etc. skincare, Low-income students, Made Video on Saphire, Kyani, Keith Ranieri (NXIVM), Hope and Inspire Movers, Lyoness, promising husbands and wives, Cookie-her-?, Billionaire is going to give kids scholarships
- Elaine - Video came down, Copyright strike twice, I'm going to sue them, I have liability insurance, fake copyright claims, they pay you
- Coffeezilla - Don't sue them, be careful, Liability Insurance
- Elaine - Billionaire is a fake guru. Paul Hata.
- SEC - NextGen Global Alliance
- Copyright Strikes, filed Countersuit, Sue them for False Copyright Claims,
- 02:11:00 -
- Elaine - This is not for me, I'm doing this for the anti-MLM community
- Coffeezilla - They are doing this to many anti-MLM Community content creators - Example, Always Marco
- Amish - Cruel World Happy Mind (Madison Cornish) . Article about her in The Atlantic. MLM people have a ton of money. Companies pay off the government
- 02:
- Elaine - PHP - It's not just the $199. You have to buy Life Insurance in order to be part of PHP. Products overpriced. WFG - They told my family told to put their 401k into Life Insurance. PHP same as WFG.
- Amish - PHP Agent - Video, 20 years. Taken down,
- 02:14:00 - Elaine - They hate math. He says he likes number
- Coffeezilla - Primerica. PHP. WFG - Family - 401k into Life insurance, Why?
- ⇒ Elaine - Their whole 401k. Told her it was going to be her retirement. No. - IUL, fees eat the policy.
- ⇒ Amish - Really? I thought the Insurance was legit. I thought they were selling you a real life insurance policy when I looked into it.
- Elaine - Whole life is a already a bad investment to begin with.
- Coffeezilla - Overpriced. The normal products are overpriced and then you throw in the MLM structure.
- Not everybody needs Life Insurance. need to have dependents. Kind of Like a Lottery Ticket. If you saved the money you would be better off.
- Amish - PHP Agent - Video - Amway is Potions and Lotions, the real money is in Insurance. Amway - Low ticket items. Insurance -
- Coffeezilla - Base of people getting screwed.
- Amish - You get rich, because other people get poor. Albania - Is there a real threat to America.
- Elaine - Living in a Dream
- Amish - PBD -
- Coffeezilla - There are a lot of problems. MLMs threat to Democracy?
- Elaine - 20% of people have been in MLMs
- 02:23:00 - Doc Adams
- Elaine - Lawsuit - Texas Woman - Health - Ovarian Cancer - Vitamin C
- 02:26:00 - Amish - story always starts with I was grew up poor
- 02:30: 00 -
- Comment: Buying Life Insurance when you are young
- 02:31:00-02:44:00
- Coffeezilla - Story - Doctor office - Physical
- etc
- 02:56:00 - Coffeezilla - London Election - Brian Rose, Rebel Wisdom,