Beware: Stories Recommending MLM Companies Are Everywhere Given This Economy
In just the past few weeks I’ve come across more and more stories in the media regarding starting your “own home business.”
First NPR glorified Mary Kay.
Then just recently, All You magazine did a several-page spread about it.
Apparently people are considering joining these companies because of the tough economy in hopes of making some extra money. Unfortunately, the likelihood is greater that they will add to their debt rather than aleviate it.
And I wonder…had anyone stopped to think about who might be buying these frequently overpriced products from these new “consultants?” With most everyone being cautious with their spending and many losing their jobs, just who is buying all this Mary Kay and candles and jewelry and superduper juices that these companies hawk?
Lipstick on 
Ann on 
Brooke on 
Tam on 
http://biz.yahoo.com/wallstreet/090208/sb123405267844760357_id.html?.v=1
Interesting article that backs up LJ.
Quote from article “Meanwhile, own-your-own-business schemes also are spreading, including pyramid schemes disguised as network-marketing (otherwise known as multilevel-marketing) programs. The pitches usually promise outsize riches for little effort.”
Hmmmm, outsize riches for little effort? Sounds familiar…
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LJ, we know who is buying all this product…the poor people who sign up with MK and the other MLM’s in hopes of paying off their debt or becoming financially “well off”. They are the ones buying most of the crap in hopes of selling it to change their lives and it will change their lives; they will be in MORE debt and in WORSE financial shape than they are now!
Ladies and gentlemen, if you are reading the articles posted by LJ and reading the comments made by those who wish they had never been involved in an MLM, listen to what they are saying and save yourself a lot of grief and heartache.
Listening to the spiels of these companies tell you that you can get rich, make a 6 figure income, etc in a few hours a week are just like those claims of companies who say you can take this little pill and eat everything you want and the weight will fall off! If any of this were true, do you think there would be anybody working a regular job?
If it souonds too wonderful to be true, listen to your brain, not your heart and just say: “NO THANK YOU”!
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Cool I get a new MONSTER!
LJ, the people buying the MK products are consultants and only consultants. The directors of these consultants are going to talk these ladies into giving away products more and more because no one is going to buy their products! BUT! You have to keep up the illussion of “selling”, so you keep buying and buying! It’s a bunch of crap!
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