57: Are MLM’s a Money Maker or Just a Scam?

Girl on FIRE

🎙 We’re talking about whether MLMs are a money maker that can boost your income or just a scam that’ll leave you broke and desperate. How do MLMs work and why are they so dangerous? 🤔

This episode discusses topics like:

🌟 What is an MLM, how do they work and why are they so popular?

🌟 What’s the difference between a legit MLM and a pyramid scheme; and

🌟 Patron Exclusive Bonus Content: how can you spot a dangerous MLM and why even a legit MLM may not be the right option for you.

Sponsored by:

• Join me on Patreon for extended & ad-free episodes + loads of bonus content: patreon.com/girlonfirepodcast
• Athletic Greens - take ownership of your health and pick up the ultimate daily nutritional insurance at athleticgreens.com/EMERGING
• Thank you to BetterHelp for sponsoring this episode. Take charge of your mental health and get 10% off your first month of therapy at betterhelp.com/girlonfire

Links from this episode:

Ad Free and Extended Episodes with Bonus Content: patreon.com/girlonfirepodcast

Understanding Multi-Level Marketing: forbes.com/advisor/investing/multi-level-marketing-mlm/

4 Reasons not to turn to an MLM for an income boost: abc.net.au/everyday/mlms-are-not-the-answer-if-you-need-money/100006992

What is an MLM?: thebalance.com/what-to-know-about-mlm-companies-5100905

Multilevel Marketing (MLM): investopedia.com/terms/m/multi-level-marketing.asp

How MLMs and Cults Use the Same Mind Control Techniques: huffpost.com/entry/multilevel-marketing-companies-mlms-cults-similarities_l_5d49f8c2e4b09e72973df3d3

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Credits:

Producer: Gonzalo Araya

Editor: Gonzalo Araya

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The advice shared on Girl on FIRE is general in nature and does not constitute financial advice. The information shared does not consider your individual circumstances. Girl on FIRE exists purely for educational purposes and should no