Im thinking about starting a hyip type program
Instead of relying on new spends or doing stuff thats not very stable (like forex), I've decided on a new idea
I have some business contacts who can supply electronics for cheaper than usual (ipods, digital cameras, etc)
So, I will distribute the electronics to everyone to sell. Once they're sold, everyone sends back the money they made (minus the ebay fees/paypal/shipping fees) and we pool the money together to buy in even greater quantities
I'm thinking that about 1 electronics run could be done a week, so thats at least a $100 profit per person that participates. If this goes on for a month or so, then returns could be an easy 3% to 6% a day
After a while, we could "go private" since we don't need new members and keep our existing members happy
This relies upon the members having an ebay account, and using some time to post an auction and ship out the item once I've shipped it to you (a digital camera is a plus but not necessary)
If a member doesn't sell an item that week then they would loose their interest for that whole week (we will probably let members have some weeks off for them to take a break once we've gotten started)
The members can also buy the electronics for themselves for our cheaper rate just because they are special
The joining rate would probably be around $500, but if a moderator is willing, I can keep the funds of the people who joined in escrow with the mod so after the first run of items have delivered we can establish a trustworthy program
Is anyone interested in this idea?
Feedback please