John Oliver Exposes the Scam of Multi-Level Marketing

Last Week Tonight With John Oliver devoted this week’s episode to multi-level marketing. Although he uses quite a bit of humor in his presentation, his analysis of MLM is spot on. Multi-level marketing companies are pyramid schemes, plain and simple. MLM is not a business. It doesn’t matter what product …

Herbalife Victims Video: Almost Everyone Loses Money in MLM

Multi-level marketing is not a business. I’ve written numerous times about the fact that more than 99% of participants in multi-level marketing (MLM) lose money. Companies like Mary Kay Cosmetics promote the “income opportunity,” but when the vast majority of MLM distributors say they lost money, the story changes to …

Multi-Level Marketing is not a Business (It’s a Pyramid Scheme)

Over the weekend, cracked.com posted an insightful article about the realities of multi-level marketing. Simply put, MLM is the same thing as pyramid scheme. It’s not a business. Almost everyone loses money. The behaviors are cult-like. And you will NOT be successful with MLM, so don’t bother trying to recruit …

Why Multi-Level Marketing “Million Dollar Earner” Status is Nonsense

Multi-level marketing companies are quick to tout the success of their “million dollar earners.” Sounds impressive, doesn’t it? Who doesn’t want to make a million dollars? Except that phrase “million dollar earner” hides the truth: What they don’t clearly mention is that this is cumulative earnings over a number of …

Why Multi-Level Marketing Companies are Pyramid Schemes

Bill Ackman and Pershing Square produced an educational video about multi-level marketing companies and how and why they are pyramid schemes. Yes, I often hear: “Pyramid schemes are illegal!” “If XYZ Company was a pyramid scheme, the government would shut them down!” Yes, pyramid schemes are illegal. No, our government …