Multilevel Marketing Companies.
Multi-level marketing companies are essentially pyramid schemes, with products added as a way to obscure the predatory nature of their business model. Pyramid schemes drive revenue via recruitment alone, while MLMs drive revenue via whatever mix of recruitment and product sales is necessary to avoid government regulation. According to research provided below, 96% or more of participants will lose money every year.
Use this episode and the links below to stay informed about the nature of the grift, and spread the word to your friends and fam.