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Side Hustle School

Ep. 3399 - Q&A: “Is my business idea a pyramid scheme?”

Side Hustle School

Chris Guillebeau

Entrepreneurship, Entrepreneurship,, Careers, Small Business, Business, Side Hustle

4.73.3K Ratings

🗓️ 22 April 2026

⏱️ 5 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 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. 😎 🙏🏼 



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

When you run a business, every minute counts. An accounts payable can take up way more time than it should.

0:06.9

That's why I recommend Intuit QuickBooks Bill Pay. QuickBooks Bill Pay automates your accounts payable in QuickBooks.

0:13.3

So you're not sending invoices at midnight or chasing vendors on your lunch break.

0:17.1

With QuickBooks Bill Pay, all your bills, vendor records, 1099s, financial reports, all that stuff.

0:22.4

It all lives in one simple dashboard.

0:24.4

No more manual bill entry.

0:26.2

You instantly see what's due, and you choose how and when money goes out.

0:30.2

You stay in control.

0:31.8

Spend less time on admin and more time keeping your business growing with QuickBooks Bill Pay.

0:36.3

Learn more at QuickBooks.com

0:37.7

slash bill pay. Again, that's quickbooks.com slash bill pay. Terms apply. Money movement

0:43.3

services are provided by Intuit Payments Incorporated. Licensed as a money transmitter by the New

0:47.5

York State Department of Financial Services. Is my business idea a pyramid scheme?

0:59.1

That is the question we're going to look at today's episode.

1:02.2

It's not often that somebody calls in and says,

1:04.2

hey, like, I'm just wondering, am I running a pyramid scheme here?

1:07.0

But that's basically what we've got here.

1:08.9

I mean, we get all kinds of questions on all sorts of topics,

1:11.9

but I don't think we've had this one before until today. As I say, it is a safe space. You can ask

1:17.3

anything. And in fact, better to know up front if your idea is problematic in some way. So what exactly

1:23.3

is our brave caller trying to do? Like what is their business model? Let's see if we can figure it out

1:28.4

based on the information that they provide, perhaps give them some encouragement or some

...

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