Anyone ever have someone you know try to rope you into one of these MLM scam things? I love hearing these stories of the "couples party" that ends up being an Amway pitch.
All the time. It became a game with a few friends and I go to sit in on the pitches then dismantle them in front of the room. One of my major MBA papers was studying the financials of MLM programs (about 2 dozen) and all but 2 were built on a failure/profit factor. That is the company benefits from people buying in the program, but actually failing at the recruiting requirements so they never get over-ride commissions. In other words, they are in the business of selling the start-up costs of a business then making it so complex, they never pay out or pay out very little of what is promised. Those near the top of the pyramid make a mint, everyone else, notsomuch.
It is one of the scummiest business models out there and with social media, it sadly seems to be booming. I see so many friends burned jumping from MLM to MLM looking for just the right one, getting deeper and deeper into debt.
Not to mention most sell crappy, over-priced products.
