))
Tupperware's Bankruptcy to MONAT's Lawsuits— Why Are MLMs So Problematic?
Manage episode 444133589 series 3594610
Content provided by Money News Network. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Money News Network or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Today, Nicole explains the model behind the notorious MLM (think Tupperware, Mary Kay Cosmetics— companies where consumers turn into sellers and is sometimes compared to a pyramid scheme). She unpacks when the model works, when it doesn't, and why there have been so much bad news in the MLM world lately.
$ Take control of your finances by using a Chime checking account with features like no maintenance fees, fee-free overdraft up to $200, or getting paid up to two days early with direct deposit. Visit: http://chime.com/MNN
$ Looking for the perfect holiday gift for your coworkers, friends, and everyone in between? Choose Nicole’s favorite wine, Justin. Get 20 percent off your order for a limited time with the code “MONEY20” at http://justinwine.com/
$ Ready to find a financial advisor that’s right for your financial goals? Get matched with a trusted, vetted financial advisor at: http://moneypickle.com/MNN
All investment strategies involve risk of loss. The information shared in this podcast is for informational and entertainment purposes only. Listeners should do their own research and consult a financial advisor before making any investment decisions. See terms for additional details: https://moneynewsnetwork.com/terms/
896 episodes
Share
