The company’s that everyone knows are MLM trash (HerbaLife, JuicePlus, ect). When I was looking for a job I naively joined a seminar discussing CutCo Knives. Come to find out these dud muffin companies have been around since my mom was growing up, and are somehow still operational? Wouldn’t the BBB or whatever business bureau operates in the US (FTC?) have these scams shut down by now? I understand that new ones are popping up all the time but im referring to the ones that have been around forever now.
In: Economics
As the saying goes, “There’s a sucker born every minute.”
I’ve been to at least two of these seminars, one for Cutco and the other for a company that advertised vacation packages with plane travel. The key point is that they are advertising a product. That alone skirts them around the laws. What they don’t tell you off the bat is that you have to buy into the product yourself and become a salesperson, then you have to recruit/convince others under you to continue selling said product. If you are successful enough at it, you won’t have to buy any more of that crap to sell because the people you have working under you are doing the very same thing you were when you were suckered into attending and buying into the pyramid scheme. Some of them throw in little incentives if you recruit like 20+ people or so, but I’ve never found it to be true.
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