We talk a lot about MLMs, or Multi-Level Marketing. These are also known as pyramid schemes, and generally speaking, they are a bad idea. You will not get rich by signing up for an MLM and more likely than not, you will lose money. And yet people keep signing up. Why? Here are five reasons that make MLMs attractive to women. 1. Work From Anywhere One of the biggest reasons that make MLMs attractive to women is that they tell you can work … [Read more...]
Top Three MLM Companies That Are Facing Lawsuits
Over the past few years, multi-level marketing companies, or MLMs, have been facing a number of lawsuits. Why? Because they are illegal pyramid schemes and not only do the majority of people who join these companies end up losing money, many of them are also selling products that claim to do things (help you lose weight, cure illnesses, etc) and they very much do not. Here are some of the top MLM companies that are facing lawsuits LuLaRoe If … [Read more...]
Current LuLaRoe Lawsuit Status
Since we talked about leggings last week, let's revisit an older story about LuLaRoe. If you will remember, LuLaRoe has been part of a number of lawsuits, regarding everything from not paying their suppliers to being an illegal pyramid scheme. Let's take a look at the current LuLaRoe lawsuit status. Washington State Lawsuit In early 2019, the Washington state Attorney General filed a lawsuit against LuLaRoe alleging that the company is an … [Read more...]
How Much Can You Get From a Senegence Commission?
How much can you get from a Senegence commission? Before we start talking about that question it is crucial to remember what the Federal Trade Commission (FTC) official site says about pyramid schemes and multi-level marketing programs. The FTC warns: “Are you considering a business opportunity that involves selling products to family and friends and recruiting other people to do the same? That kind of business is called multi-level marketing … [Read more...]
Essential Oil MLMs – Why they’re even more dangerous
It’s no secret that I’m generally not a fan of MLMs, or multi-level marketing companies, but I will tolerate a few. I don’t think joining up is a good idea, but things like Thirty-One Bags or Tupperware aren’t pretending to be anything other than a company selling you fabulous things to put other things in. I think most people who sign up to sell are at risk of losing money, of course, but if you want to shop them, that’s not the end of the … [Read more...]