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New FTC Data Show a Big Jump in Reported Losses to Fraud to $12.5 Billion in 2024 Federal Trade Commission (.gov)What Is MLM (Multilevel Marketing) and Is It a Good Idea? - Ramsey Solutions
Have you ever opened a Facebook message from a friend you haven't talked to in years ? You're excited to read their message until you notice the copy-and-paste sales pitch they used to try and rope you into their latest multilevel marketing (MLM) scheme—I mean business . Hard nope. Yeah, you had a great weekend (thanks for asking) but no, you really don't want to join their newest venture or buy the latest and greatest magic potion to grow your eyelashes. Your eyelashes are just fine the way God made them. When you hear "multilevel marketing," maybe you think of essential oils, Tupperware, beauty products or even workout programs and fitness drinks. Or maybe you think of that old friend who only reaches out when they've got something new to sell. Bless their heart. (That's passive-aggressive southern speak for "ugh.") But what is MLM, and does this type of business actually make you any money? Let's find out. ...
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