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Corporate Gossip

Amway & The DeVos Family: Working Overtime at the Stupid Factory

Corporate Gossip

Becca Platsky

Society & Culture, Business

4.9655 Ratings

🗓️ 12 March 2026

⏱️ 58 minutes

🧾️ Download transcript

Summary

An earlier version of this episode was uploaded with only the good news segment - please refresh if you suspect you have the older version. Apologies!!!! 

Stop your protesting! Stop your organizing! The only thing we need is 🤑 MANIFESTATION 💸

It's time to talk about the Pyramidschemification of America. This episode has so many fun characters: 17th century Puritans, Tammy Faye Baker, Amanda Frances, an MLM hun on a regional jet somewhere over Sandusky, Ohio, and Elizabeth Holmes???

Thanks to our sponsor Orange Marketing

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Timestamps: 

10:30 - The Puritanical roots of Mulitilevel Marking 

21:00 - Stop organizing! Start manifesting! 

30:00 - Turns out, Regan pyramidschemified America

35:00 - Betsy Devos putting in 40 hours at the Stupid Idea Factory 

Links:

Little Bosses Everywhere

2023 FTC report on MLMs

The Unkillable Appeal of Multilevel Marketing

They Spent Their Life Savings on Life Coaching

The 'Exciting Business Opportunity' That Ruined Our Lives

The Miseducation of Betsy DeVos

These Activists Want to Dismantle Public Schools. Now They Run the Education Department.

DeVos held in contempt for violating judge's order on student loans

DeVos-Linked Adoption Agency Exposed Highly Sensitive Children's Medical Data

Blackwater Guards Found Guilty in 2007 Iraq Killings

Email our good news correspondant with tips: elizabethliu526@gmail.com

Good News: Media, the nation's first Fair Trade Town, marks 20 years supporting farmers in the developing world

Learn more about Fair Trade Certification

Transcript

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0:00.0

Welcome to the corporate gossip podcast. It's the business podcast for gossip lovers. We explore the most absurd corporate scandals, the juiciest Wall Street tea, and the not-so hidden secrets of famous business people. You don't need to know anything about business to enjoy the corporate gossip podcast, but you might learn something along the way. Today's episode, Amway and the DeVos family,

0:23.5

working overtime at the Stupid Factory.

0:41.5

Welcome back to the corporate gossip podcast.

0:43.8

I'm your host, CBA Scorn, Becca Platsky.

0:45.3

I'm here with my brother, my co-host.

0:47.9

Data Analytics Playboy Adam Platsky.

0:50.7

And finally, an episode about pyramid schemes.

0:55.9

This was an episode inspired by everybody over on Patreon. For this episode,

1:01.5

we read Little Bosses Everywhere by Bridget Reed, which is our Q1 book club selection. I loved this book. Did you like it? Oh, such a fun read. Very quick. Really, really quick read.

1:07.4

The book touches on Herbalife, Mary Kay, Primeraica, Tupperware, Cutco, and Amway.

1:13.5

That's the one we're going to focus on for this episode.

1:15.7

It's probably the most famous MLM.

1:17.8

It's the subject of thousands of pages of lawsuits and investigations.

1:22.0

They allegedly sell $7 billion of products last year, but I've never seen an Amway product ever in my life.

1:29.9

Could have fooled me. Have you ever seen one? I've never seen one, not in the flesh. Right.

1:34.6

And just to put it in reference, Gillette also sells $7 billion worth of products worldwide. When's the last time you saw a

1:41.7

Gillette product? Just this morning. I went shopping for some toilet paper and I saw all the Gillettes.

1:47.4

Right.

1:47.8

So that's like kind of a tip.

1:49.2

Yeah.

1:49.7

Interestingly, Amway doesn't track how much product is sold to the end customer like other

1:57.3

companies do.

...

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