4.9 • 1.9K Ratings
🗓️ 22 September 2021
⏱️ 56 minutes
🧾️ Download transcript
From butter-soft leggings to a myriad of lawsuits LuLaRich covers the rise and fall of MLM company LuLaRoe. Multi-Level Marketing companies often have to fight the stereotype of being a pyramid scheme, and LuLaRoe was sued by the Secretary of State of Washington State for being a Pyramid scheme and the company ended up settling the suit for 4.75 Million Dollars and a consent decree governing their practices. They are in a lawsuit with their main supplier and numerous suits with their own consultant retailers who lost so much buying into LuLaRoe. The story is captivating and sad with plenty of toxic positivity to go around. I can’t wait to hear your thoughts.
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0:00.0 | Welcome back. Have you been watching Lula Rich over on Amazon? I know. Me too. I couldn't |
0:08.7 | help it. I binge watch all four episodes right in a row. It was great. It was, it was so well |
0:15.6 | put together. It was so easy to consume. It was a fascinating and is a fascinating story. |
0:21.4 | The Lula Role lawsuits are one of the first things I covered when this podcast launched. |
0:25.8 | Gosh, we're coming up on two years. Wow, we're coming up on two years of this podcast |
0:34.1 | in November. So just a few months, I can't even believe it. But it's one of the first things I |
0:39.4 | covered because these lawsuits are so fascinating. And of course, there's been more of them. |
0:43.9 | We learned more information about the background of the Lula Role company from Lula Rich. |
0:48.8 | So today's episode is my thoughts on Lula Rich and some of the things we learned from it. |
0:54.3 | And some of the most prominent lawsuits behind Lula Role and it's fall from favor. |
1:02.0 | I can't believe it's still in business. I was going to be and it's like inevitable demise. |
1:06.3 | I'm shocked that they're still in business, frankly. I really truly am. And I won't be, |
1:11.4 | well, we'll see how these lawsuits go. I mean, the money's still coming from somewhere. They're |
1:15.6 | still recruiting. I can't imagine looking at everything that's been in the news and going, |
1:20.3 | yes, that's what I want to do. I want to do Lula Role. I just don't know how that decision |
1:28.4 | gets made with all the information out there about this company. I have questions. |
1:34.4 | I'm sure you have questions. And the only quote that comes to mind this week comes to us from |
1:41.0 | one of the former consultants who in the documentary said, if it seems like it's too good to be true, |
1:47.0 | it probably is, which is a maximum we can all empathize with and and understand and live by. |
1:53.2 | Because for a long time, Lula Role was too good to be true. I also, I know people who did Lula Role |
1:59.4 | who waited on the list to get the call so that they could be a consultant like this. |
2:05.2 | It had all the trappings of like this get rich quick scheme. And their founders said some things |
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