According to the LuLaRoe official site, Mark and DeAnne Stidham founded the company in 2013, “with a dream to teach and share their entrepreneurial business success”. The company got popular with consumers and consultants alike, but over time, the company has fielded its’ share of LuLaRoe complaints. LuLaRoe has received a variety of them in 2019. Complaints about the company’s business model, transparency with its’ consultants, privacy, … [Read more...]
LuLaRoe an Illegal Pyramid Scheme?
Last week, the Washington state attorney general sued LuLaRoe, accusing them of operating an illegal pyramid scheme, making misleading income claims, and encouraging their consultants to focus on recruiting rather than sales. What is a Pyramid Scheme? In general, the way that a pyramid scheme works is simple. People pay a set amount to join the group. Let's call the initial people level 1. The level 1 people recruit new people (level 2), and … [Read more...]