On part 2 of our trilogy on pyramid schemes, today we talk about probably the most widespread version that almost everyone has encountered at some point: multi-level marketing schemes.
We talk about a few notable examples, establish the difference between an MLM and a pyramid scheme, and give you an exact road map to starting one of your own!
Want to invite us to a house party where you can sell us some plastic containers and cut your own thumb off to show off your knives? Email us at [email protected]
Our intro and outro music is by Commuted. Find him at https://commuted.bandcamp.com/
Our art is by Jennifer Walker. Find her at https://www.jenniferwalker.design/
Sources for this episode:
https://www.investopedia.com/terms/m/multi-level-marketing.asp
https://www.investopedia.com/terms/p/pyramidscheme.asp
https://www.huffpost.com/entry/mlm-pyramid-scheme-target-women-financial-freedom_l_5d0bfd60e4b07ae90d9a6a9e
https://www.reddit.com/r/antiMLM/comments/c5gg94/got_this_message_from_a_hunny_6_weeks_after_my/?utm_source=share&utm_medium=web2x
https://www.reddit.com/r/antiMLM/comments/c5ad5s/one_of_the_benefits_of_having_pcos_is_that_i_get/
https://www.washingtonpost.com/outlook/2019/01/21/how-mlms-are-hurting-female-friendships/
https://www.vice.com/en/article/43e573/how-to-get-a-friend-out-of-an-mlm-herbalife-amway-younique-
https://mlmtruth.org/
https://www.managementstudyguide.com/multi-level-marketing-history.htm
https://www.allbusiness.com/the-oldest-network-marketing-company-52948-1.html
https://www.fbi.gov/scams-and-safety/common-scams-and-crimes
https://en.wikipedia.org/wiki/Pyramid_scheme
https://www.ftc.gov/tips-advice/business-center/guidance/business-guidance-concerning-multi-level-marketing
Multilevel Marketing: Last Week Tonight with John Oliver (HBO)