Part 4/10:
Another troubling trend is the promotion of Multi-Level Marketing (MLM) schemes that often comes accompanied by a dismissive quote from Jeff Bezos—suggesting that the poor fail to recognize the opportunities available to them. Statistics show that approximately 96-99% of individuals involved in MLMs fail to turn a profit, which contradicts the blissful rhetoric employed by MLM advocates.
Typically, participants must invest money upfront—often requiring them to purchase starter kits or various products to sell. The incentives to earn money frequently stem more from recruiting new members than from actual sales of products. As such, many participants find themselves at a financial loss, unaware of the true structure of MLMs and ridden with debt before they even realize it.