Botwatch 88 !! MLM is dying but we are still watching and sadly there are still many victims. 99.6% of participants in these “legal” schemes lose money but they are STILL being promised the world by MLM.

[YouOKHun]

New thread!

Yawn does not appear to be in a good place. That last footage of her In her car spouting about her insane skills shows the face of a very worried woman who for all intent and purpose is clinging to her new business partners skills in the hope she can dig her out of a rather vacuous hole.

In one of her lives it looked like she'd been crying, as soon as the reel started I noticed it, it must be very worrying, but if she got a job it would help her financial situation...

Hmm on the day the Global Rally starts…..

Maybe Iron Bot could help her get a job in Next?

Very frantic launch with many posts about biz lounge, again to coincide with Global Rally

I agree re the house. There are a lot of new builds hitting the market in the area and Yawns house is particularly niche. She thought she was getting a bargain but it’s likely to be a millstone.

HMRC recently applied a rogue calculation to my account ( self employed) my accountant dealt with it rapidly but said that they were at a loss as to why they had done it. HMRC said it was an error but the cynic in me suspects that they are looking for engagement. For me it resulted in a very small underpayment ( that was incorrect I didn’t owe any money) but for others it could have resulted in a huge bill. Possibly the quick reaction by my accountant confirmed and answered questions about red flags raised. They don’t like accounts that fluctuate. I sold my business in 2019 and with the pandemic and a long bout of illness my accounts have fluctuated.

I’m still self employed so the overall turnover has reduced dramatically then yo-yod for the last 5 years. I would imagine the steady downward trajectory of Yawn’s accounts with the associated directors loan have finally triggered the red flags. I would imagine HMRC have a target this year, they periodically target certain industries, maybe MLMs are now on the list. Social media is a gift to HMRC that can be used to identify MLM members, and with all the income claims it would be very easy to investigate.

They also monitor accountants. So will look at a number of their clients if they have noticed inconsistencies. Yawn’s accountant handles a lot of FLP bots so just the fact that they are servicing directors loans year after year may already have highlighted a problem.
Im not an accountant but have been self employed my whole working life and have a good relationship with my accountant. She has been very informative about the inner workings of HMRC investigations. Particularly when selling my business, the rules around entrepreneurs tax are a bit vague so she warned me that I might be investigated. With the pandemic they have been chasing the huge amount of fraudulent claims during that period so I’m hopeful that 6 yrs on I’m unlikely to undergo investigation.

My take is that the FLP associated accounts sussed out that most of the referrals would be short lived customers. Maybe a year or twos business then they would be dissolved as bots gave up, only to be replaced by new bots. All could be set up easily and possibly, with the bots permission, they can access the sales data directly from FLP UK with the bots just submitting expenses. The bots all have their own online accounts so easy to extract an individuals data. The fact that FLP pays bots directly and they don’t appear to have individual payment terminals ( card machines) means that they probably don’t do cash. If they do they have to enter it manually onto their account.

I’ve always wondered why they all use the same accountant but it makes sense. Head office basically controls accounts via a third party, without the liability and PAYE/NI costs.

I don't know how she keeps up the false positivity all the time (although I can spot when she's been crying) it can't be mentally good for you but I suppose if she keeps telling herself false narraratives she's hoping it will eventually come true, 7 months in and nothing to show for it, If Mr Yawn didn't pussy foot around her being a yes man she would have had 7 months worth of pay in her bank account, madness.

Is Stampin Up a MLM? Can’t quite figure out his legit it is. Thanks.

@FlossieKirkpatrickit certainly was last time I looked. It’s always been relatively obscure in the UK.

It looks like Headband has crossed the floor to join the toxic ex-friends. She has posted something championing ex-BFF, 2Jags, Tractor Bot and another bot I’m less familiar with. I expect she’s exited the Unlucky Club too. It’s got to be tough for Yawn, it’s her first time away from all the “glamour” of an FGR and I am sure she thought she’d be in a different place by now but she needs to sell product and keep hold of the downlines and followers from FLP more than ever.

Yawn's commented on Headband's 'finger in a plug socket' photo which is very unlike her, so I think she's realised that's another downline gone to the other side.

@Angrymum22amazing deduction!!

I’ve just discovered this thread not even new here so no excuse but is there a brief summary of who is who to get people started?

I’m sure you’re on to something there @Angrymum22. The use of the same accountant makes no sense otherwise. Perhaps that’s why HQ decided to step away from that particular accountancy firm for their own accounts, just to create a bit of distance?

I think Yawn commenting on Headband’s post is very much through gritted teeth. She has to demonstrate that she is cool with the loss of downlines etc if she is to convince anyone she has moved on to bigger and better things.

This is turning out to be a shite week for Yawn.

@Borededwelcome to the thread, what took you so long? ;). We can’t use names here or in PMs to protect the identities of the guilty but if you were to used the advance search function and search, for example, “clues Castle” you will pull up the various clues given on old threads. Good luck!

I am totally baffled by these people- the ones who have done ok over years do have some transferable skills- content creation, social media , sales etc - I can’t believe they can’t get a sales and marketing job on say £40k plus bonuses and be earning more - or are they still earning more than this??

I don't think Yawn's accounts are due for a long while yet?
Though that still doesn't help her with regard to the Director's Loan. I really don't see how she can get out of that one. The tax liability on a DL that size will be huge .

I think you’re being very generous @Crikeyalmighty ! The only skills the bots need is tenacity and a willingness to lie through their teeth to people in order to line their own pockets. These skills will not be enough without also having some very lucky timing in terms of when they joined. How they work as “independent” business owners is so heavily prescribed by the company and their audience so narrow that I don’t see how they can be picking skills and knowledge that would be transferable.

Time and time again those that have done well in NWM and risen quite some way up the ranks, demonstrate that they can’t repeat the success on the outside. The really clever ones who diversify their income and think ahead probably could have succeeded outside MLM. Those ones are definitely earning much more than £40k but they represent a minute percentage. Most are like Yawn. The other problem they’ve got is that if they want to try for a £40k legitimate job they’re going to have to come clean about being in an MLM and I’ve yet to meet anyone who is in the position of interviewer who wouldn’t see a candidate with a decade in an MLM as a bit of a red flag even if they have got mean Tiktok skills!

@YouOKHun you are probably correct- I’m probably being too generous - it’s not impressive on a CV is it - although bullshitting and a brass neck is in all honesty quite sought after in ‘certain ‘ sales jobs . I don’t get them at all if they are struggling - move on, look for something else- I have to conclude in yawns case it’s ego - she likes photoshoots and the feel of being centre stage -

Her accounts due date is June. She often files them early and has changed her end of year in previous years. But according to companies house this year it is June.
However because she has a new business she may not submit until next year because her new venture started in September last year.

It’s possible that she may dissolve her FLP business if she has actually stopped trading. But with such a big directors loan it will definitely have to be sorted out. She won’t be able to go dormant with a directors loan.

Hence the possible 4 days off to panic. I doubt she has the first idea what her accountant does or how corporation tax accounts work. She probably assumed that if she stopped trading the directors loan will just go away.

With her end of tax year coming up no doubt her accountant will have been chasing her. We all know how well she reacts to bad news. I suspect Mr Yawn switched off the wifi and her phone so she couldn’t go off on one on social media. Ranting about the injustice of HMRC taxing her on unpaid directors loan would (1) be red flag to HMRC (2) no way can she admit to her budding business builders that she is dissolving a company and going through bankruptcy. So Mr Yawn, who I think has done this before to prevent a very public meltdown, remember he wasn’t in India to stop the tantrum, is clever enough to limit damage. He is a classic enabler but also has learned how to prevent seismic damage, when he is around.

Again, I have no insider knowledge but know a bit about business. Business owners on the verge of insolvency are instructed to act as normal until the 11th hour.

Yawns “build a her “ venture has probably not been incorporated. She probably gets discounted accountancy for a FLP accounts. If they have a reciprocal arrangement with FLP the accountant will probably avoid managing work not associated with FLP. Also she doesn’t have to incorporate. If she’s not making a lot of money it’s not worth the fees. Although a good accountant is worth every penny, unless it’s only pennies you are earning.

Is Unlucky Girl registered as a company or is she just using the old company?

I can’t see any other company attached to Yawn or Mr Yawn’s name @Spongebobette. I expect she is in a state of paralysis and is just hoping some kind of 2015 style miracle will come along. It’s a real test for her manifesting skills isn’t it?

@Crikeyalmightyyou're right about ‘certain’ types of job. The bots slog away because they’re in deep and it seems like the only road that will deliver riches, especially once they’ve overstretched themselves. They fall for the idea that it’s only unsuccessful if you don’t want it enough and they don’t want to lose face by “failing”. It must feel terrifying. In Yawn’s case it looks like ego but I think she is terrified about the prospect of being back in her pre-MLM existence but this time with much more debt, much more than the debt she talks about as her reason for joining FLP in the first place.

@YouOKHun if I was them and desparate to be the star of my own show ( and we have a reasonably successful business that’s well known in its niche’) I would be looking at a decent franchise - one where the ‘skills’ you do have might be useful but stand far more chance of being consistent and without hassling your friends and family to ‘sign up’ - yep by all means you can mail out your product/service and give trial offers etc but you aren’t dependent on them also becoming a ‘distributor’ - as you say I suspect without trying to be horrible a lot of these women have little actual business sense over and above the MLM formula . I’ve had to put a business under before due to an overseas distributor owing us a shitload and not paying but we built bigger and better and learnt from the experience - maybe yawn needs ‘a coach’ -!! lol

Hang on - are you saying it’s not all about doing photoshoots and learning how to post constantly on social media for engagement? Surely that’s the recipe for success, along with boasting about how much your clients love you? And boasting that your business gives you a great income AND ‘time freedom’?

@Spongebobette ha - indeed- good old fashioned ways work too - and a continous customer base- a sucker like yawn im pretty sure puts in more hours than I do if she’s having to do all that ‘content’ for what seems like crap rewards -

So glad I chose a proper job with a proper pension I am now taking advantage of. It’s great being paid to doing nothing. I think Yawn is facing a good few years of barren financial poverty. Unless she bucks up and finds a proper job soon she is going to lose everything.