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
Two responses so far and they’re both just praising MLMs… wow.
OP, it’s very hard for the government agencies to successfully prosecute these companies, because they work hard to stay juuuuust barely on the side where it’s not so outright illegal that it’s easy to prosecute.
Their products suck, they’re overpriced, and most of the profit that the company makes comes from selling to people who are supposed to sell to others, but they end up with a garage full of useless junk they can’t sell. But as long as people are desperate and the MLM’s are good enough at reeling in the desperate with false promises only to saddle them with debt, it works out for them.
And all it takes is being comfortable with leaving shattered lives in your wake, from poor idiots who invested far more than they could afford into a “business” that wouldn’t ever break even for them, because you convinced them that buying 10k in merchandise upfront was their path of financial independence.
Don’t have the money? Doesn’t matter. Get a loan, put it on your credit card! What are you waiting for, this is your path to a new, rich, successful you as long as you believe in yourself. Don’t ask questions. Invest in us and yourself and your future!
***The whole industry is evil.***
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