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Pantsuit Politics

MLMs: Small Business or Snake Oil?

Pantsuit Politics

Lemonada Media

News Commentary, News, Society & Culture, Politics

4.54.9K Ratings

🗓️ 19 October 2021

⏱️ 64 minutes

🧾️ Download transcript

Summary

Topics Discussed Colin Powell’s Death Understanding the Unvaccinated The Attraction and Reality of Multi-Level Marketing Outside of Politics: Group Texts Get our Premium content on Patreon Get our Premium content on Apple Podcasts Subscriptions Apple Podcasts Subscriptions Contact Form Sign up here if you subscribe to our Premium content through Apple Podcasts Subscriptions and want additional info about Premium content opportunities. Please visit our website for full show notes and episode resources. Hosted on Acast. See acast.com/privacy for more information. See omnystudio.com/listener for privacy information. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

There is this narrative, this undercurrent, this promise of building your own business.

0:06.1

But legally, is an MLM a small business path?

0:10.1

No, legally, you are an independent contractor for the company when you join an MLM.

0:15.4

So in a sense, you have your own business.

0:17.8

You are an independent contractor with one customer and that customer is the MLM that

0:22.0

you have joined.

0:23.2

So you're providing services to that company and they do not have obligations to you as

0:28.4

though you're an employee.

0:29.4

They don't have to pay you a minimum wage.

0:31.3

They don't have to give you paid time off.

0:32.9

They don't have to give you other benefits.

0:35.1

You have to supply your own equipment and tools and pay your own taxes and those are the

0:38.6

things that make it feel like you're a small business owner.

0:41.5

But this is where a lot of the criticism of MLMs come into.

0:51.2

This is Sarah and Beth.

0:53.2

We're listening to Pant suit politics, the home of Graceville Political Conversations.

1:14.6

Hello everyone, welcome to Pant suit politics.

1:17.4

On today's show, we're going to discuss the unvaccinated and what motivates them.

1:22.2

Before we move on to our long promise conversation on multi-level marketing companies or MLMs

1:27.2

as they are commonly known.

1:28.8

And outside of politics, we're going to hit on something affecting all of us.

1:32.6

Group text etiquette.

...

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