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iilluminaughtii

Celebs Involved With MLMs | Multi Level Mondays

iilluminaughtii

Blair Zoń

Education, Business, Society & Culture, Documentary

4.4961 Ratings

🗓️ 26 July 2021

⏱️ 25 minutes

🧾️ Download transcript

Summary

Go to http://athenaclub.com and use promo code MLM to get 20% off! Go to http://purple.com/mlm and use promo code MLM to get 10% off any order of $200 or more! Welcome to Multi Level Mondays, a weekly series all about multi level marketing, pyramid schemes, and ponzi schemes. Welcome to Prism of the Past, a weekly series about historical events, people, and situations, from the fascinating to the forgotten. Welcome to Weird Wild World, a weekly series that takes a look at the power of nature. Welcome to the Corporate Casket, a weekly series where bad businesses go to die. Connect With Me: https://linktr.ee/iilluminaughtii This episode was edited and mixed by: G. Thomas Craig Album cover art created by: Betsy Primes Intro Song Credits: Last to Fall- Will Van De Crommert Outro Song Credits: Sacred and Profane- Nicholas Rowe Ad Music Credits: Tango de Manzana by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/4460-tango-de-manzana License: https://filmmusic.io/standard-license Backbay Lounge by Kevin MacLeod Link: https://incompetech.filmmusic.io/song/3408-backbay-lounge License: https://filmmusic.io/standard-license Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome to Multilevel Mondays, a weekly series all about

0:08.6

pyramid schemes, Ponzi schemes, Multile Marketing, and other forms of

0:12.4

business fraud.

0:14.0

I'm the aluminati, and today we are going to be talking about the celebrities, influencers, and business icons who have gotten

0:25.1

their hands dirty with multi-level marketing.

0:27.7

As we've come to learn, MLMs are quite infamous for praying on economically vulnerable

0:31.9

people.

0:32.5

So why would people who are economically stable

0:35.6

go for an MLM?

0:37.5

In today's episode, we're going to discuss

0:39.4

why celebrities decide to work with MLMs

0:41.7

and the consequences it can have on them and their

0:44.0

fan base. One selling point about MLMs is that anyone can rise to the top if they

0:49.2

work hard enough and while it is true that money can be made from selling products alone, it is near

0:55.1

impossible to turn a profit doing so.

0:57.7

The real money is made from recruitment.

1:00.5

South Dakota's division of consumer protection went into further detail about this on their page about MLMs.

1:06.0

The main idea behind the MLM strategy is to promote maximum number of distributors for the product and exponentially increase the sales force.

1:15.0

Without family, friends, or followers to lure into a down line or shill products to, losses are inevitable.

1:21.4

Having customers does not always guarantee success either, but it does provide

1:25.4

potential. Given all the expenses and costs necessary to operate in an MLM, why would someone

1:31.4

with a high profile career want to choose such a source of additional

...

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