Agloco - Dead Already???
November 21st, 2007 | Published in Affiliates | 15 Comments
Do you still remember the name Agloco? They tried to gain success using the same old story, “Get rich by doing nothing”. I am turning my spider senses on if someone proposes me getting rich by doing nothing. In my opinion Agloco was another pyramid scheme and I didn’t think of signing up before I see a cheque signed by them. I don’t know how an expert like John Chow got into this (money tastes sweet) but I think that he lost his hopes also. John Chow’s Agloco Page have been updated at the beginning and mid of each month until July and no more updates since then. I don’t think that even he has the toolbar installed but he was relying on 21.000 referrals in his network.
You have to study some human behaviours before getting in a project at this scale. Agloco managed to get huge number of users following their announcement. (1.000.000 sign ups as last statistics) The idea of earning money from referrals attends people. While each individual signs up and make other people sign up as referrals, those new users will also see that the way of earning money depends on earnings from referrals so they look out for referrals too, but there comes a time when the community is saturated and no more users are signing up as referrals. No more chains added. What happens next? The last ring of chain breaks-up because they aren’t making any money actually and the links get broken from bottom to top. What you get actually is the reverse chain reaction. Agloco could prevent that by distributing cash immediately and keeping the chains connected but they are promising income in a very far away future. You can’t expect people to be patient in such a system.
Everybody knows that systems based on pyramid schemes don’t last long. It only makes the links at the top rich. I guess that John Chow knew that and he tried his luck. If Agloco ever pays out money, John Chow will be the one getting it.
November 21st, 2007 at 6:02 pm (#)
Sounds like a pyramid scheme. Thumbs up.
November 22nd, 2007 at 8:21 am (#)
Fantastic post, I was trying to reason why I am not keen on joining this. My friend sent me a referral and I realized that most in my network were also in his network, cutting my money making opportunities in less than half. So I dumped it.
Just thinking about Amway and why it works for them… Maybe I will write a post on my blog once I have that figured out
http://gawdlevelmarketing.blogspot.com
November 22nd, 2007 at 8:27 am (#)
Agloco and John Chow Story…
I am turning my spider senses on if someone proposes me getting rich by doing nothing. In my opinion Agloco was another pyramid scheme and I didn’t think of signing up before I see a cheque signed by them. I don’t know how an expert like John Chow …
November 22nd, 2007 at 11:47 am (#)
It is a pyramid like scheme and I never signed up because of that. I would like to hear an answer of someone, who has signed and uses Agloco though.
Has anybody made a cent ? Anyway, I see that nobody writes about it any more.
November 23rd, 2007 at 11:46 am (#)
When I first saw the ads for agloco advertised on one of my ‘paid to’ sites that I have joined, I was very skeptical. To me, the promise of cash just for installing a toolbar seemed illogical, I started to walk away from my computer every time I saw the signup site advertised. Their scheme for making money online looked like they were promising too much. Besides the only way that I know of to make money by doing nothing is investing large sums into bonds.
November 24th, 2007 at 9:22 pm (#)
I admit I was one of those people who signed up and promoted Agloco. John Chow being a member was actually a strong influence for me to join.
Now, I don’t want to say anything bad about a blogger as successful as Mr. Chow, but he’s a chicken for not posting any Agloco news and his opinion on that ^^
November 25th, 2007 at 12:08 pm (#)
Very interesting… as always! Cheers from -Switzerland-.
December 2nd, 2007 at 3:47 am (#)
I was just going to blog about this yesterday. What the hell happened to them? I haven’t ran that stupid ad bar in a couple months, so I didn’t expect to make anything, but my referrals have and they haven’t received jack. Doing a mini-investigation then going to blog
http://www.fka200.com
December 10th, 2007 at 8:04 am (#)
Well, Agloco has officially folded now, so guess the doors are finally closed. If it’s too good to be true, well you know!
December 11th, 2007 at 10:59 am (#)
[...] like to say “I knew it was coming” but I knew. I’ve written a post weeks before Agloco - Dead Already??? I was questioning how people could fall into the idea of getting rich by doing nothing. The real [...]
December 11th, 2007 at 11:10 am (#)
Yeah I saw that coming
http://www.bloggerdollar.com/2007/12/11/agloco-ship-sunk-at-last/
December 12th, 2007 at 5:25 am (#)
Agloco is Dead !…
Do you still remember Agloco? The get rich concept by doing nothing. Basically, it’s a paid advertisement viewing toolbar that running on members’ computer with attractive referral scheme. It looks like a pyramid scheme, and I believe every…
March 29th, 2008 at 12:26 pm (#)
money making opportunities…
Thanks, well said….
April 11th, 2008 at 9:31 am (#)
Do you really think this is new thing? Your blog is really good to me, I read it to get useful info, but sometimes I’m bored to tears.
May 31st, 2008 at 10:51 pm (#)
make money online…
Unfortunately, when this occurs, a large number of individuals just give up their dream of making money online. Do not allow yourself to be one of these people! As previously mentioned, it is possible to have your own online business, even if you don…