#1918 - Q&A: Is my business idea a pyramid scheme?
Side Hustle School
Chris Guillebeau
4.7 • 3.3K Ratings
🗓️ 2 April 2022
⏱️ 6 minutes
🧾️ Download transcript
Summary
It’s not often that someone calls in and says, “Am I running a pyramid scheme?” … but that’s basically what we’ve got here today.
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Twitter: @chrisguillebeau
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy
Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.
Show notes: SideHustleSchool.com
Email: team@sidehustleschool.com
Be on the show: SideHustleSchool.com/questions
Connect on Instagram: @193countries
Visit Chris's main site: ChrisGuillebeau.com
Read A Year of Mental Health: yearofmentalhealth.com
If you're enjoying the show, please pass it along! It's free and has been published every single day since January 1, 2017. We're also very grateful for your five-star ratings—it shows that people are listening and looking forward to new episodes. 😎 🙏🏼
Hosted on Acast. See acast.com/privacy for more information.
Transcript
Click on a timestamp to play from that location
| 0:00.0 | This episode is brought to you by Slack. With Slack, you can bring all your people and |
| 0:05.9 | tools together in one place. It's your digital HQ where you can increase productivity, |
| 0:11.1 | enable flexibility and automate workflows. Plus, Slack is full of game-changing features |
| 0:16.7 | like huddles for quick check-ins or Slack Connect, which helps you connect with partners |
| 0:20.9 | inside and outside of your company. Slack, where the future works. Get started at |
| 0:26.9 | Slack.com slash DHQ. |
| 0:37.9 | Alright, alright, what's up? Welcome. This is a great question today. It's not often |
| 0:42.7 | that someone calls in and says, am I running a pyramid scheme? But that is basically what |
| 0:47.4 | we've got here. And let me just say it is a safe space. The podcast, side hustle school, |
| 0:52.9 | it is a place where you can ask anything. I'm going to give you my honest opinion. And |
| 0:57.3 | better to know up front if your IDM might not pass muster. Like if you're actually wondering |
| 1:01.7 | am I running a pyramid scheme? That's probably better than someone who's like, I'm running |
| 1:05.3 | a pyramid scheme. I'm really excited about it. Would you like to sign up for my pyramid |
| 1:09.5 | scheme? In fact, most people who run pyramid schemes don't call them pyramid schemes, |
| 1:14.4 | but that's a side note. What exactly is our brave caller trying to do? Let's see if we |
| 1:21.1 | can figure it out here based on the information they provide. So listen to their question, |
| 1:25.2 | see what you think. And of course, I'll provide my answer. It's my business idea, a scam, |
| 1:29.9 | a pyramid scheme, a multi-level marketing network, you know, whatever you want to call |
| 1:33.7 | it. Good times, the detailed question, and my answer coming right up. When you're buried |
| 1:39.0 | in orders and emails from stressed out customers, you'll wish you had ship station. They're |
| 1:44.0 | going to help you keep customers happy and still find time to enjoy some eggnog. That's |
| 1:48.5 | right. It is the holidays, the most wonderful time of the year, also known as the most |
... |
Please login to see the full transcript.
Disclaimer: The podcast and artwork embedded on this page are from Chris Guillebeau, and are the property of its owner and not affiliated with or endorsed by Tapesearch.
Generated transcripts are the property of Chris Guillebeau and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.
Copyright © Tapesearch 2026.

