Have you been victimized by a Multilevel Marketing company? (The author uses the abbreviation “MLM” in this article.”)
“Joining a MLM is appealing to women who find hope in their promise of a better life: freedom, economic independence, and an endless supply of cheery trinkets. [But] despite professing quick-income prospects…it’s difficult for MLM consultants to earn more than pocket change.”
That much is true.
You’re very, very unlikely to get rich, selling candles and leggings.
(Everybody knows that, right?)
But, apparently not…
“Fed the fantasy of achieving the all-elusive American dream, many women are being wooed by multilevel-marketing companies… [and they] can be plunged into debt and psychological crisis.”
Tell us more, Melodramatic Narrator!
“Ashley (name changed), a mom and wife who lives in the suburbs of Indianapolis, signed up to sell LuLaRoe in August 2016 after her husband lost his job…
Ashley opened three credit cards to cover the initial set-up cost and generated $3,500 a month in revenue for the first two months. But on the advice of other retailers, she plowed it all back into buying more inventory instead of keeping any of it for herself, her family, or their mounting bills.
“There was a point in time where I had $8,000 worth of inventory sitting in my home while I was running up to food banks to feed my family.”
…okay, hold it.
The author of the article wanted to make a point about how shady and evil LuLaRoe is.
So why did she pick the world’s worst money manager as an example?
Are we really going to blame the company for “Ashley’s” stupidity?
Apparently, we are:
“The US government tried to help people understand the risks before joining these kinds of companies, but MLMs had their way. In 2012, federal legislation passed requiring all franchise companies to provide a disclosure document with information on weighing the benefits and risks of signing up. However…now MLMs aren’t required to disclose information on risks to interested consultants.
As a result, many women sign up unaware of just how hard the system makes it to earn a living selling for a MLM.”
Shame on the person who recruited Ashley for not “disclosing” that it’s a bad idea to buy things she can’t afford.
Clearly, whenever someone shows interest in possibly working for a Multilevel Marketing Company, it’s the company’s job to try and talk them out of it…
Perhaps Ashley’s consultant should have physically pulled out a calculator and figured her household budget for her.
“Ashley, sweetie, you have no business joining my team of sales reps, unless you’re going to feed your kids the leggings.”
And, Ashley, let me add that any other self-employment opportunity will also be a bad idea for you. Say no to “Scentsy” and “Pampered Chef” as well! The safest bet will always be a nice, hourly job.
In fact, have someone escort you to the bank with your paycheck each week, so you don’t fall prey to a tricky person, holding a cardboard sign that says “ATM.” (Let me just disclose: those particular “ATMs” are risky!)
In closing, if the U.S. Government wants to “help people understand the risks” of MLMs– it should stop handing out diplomas to students who can’t function in the real world.
Teach them how to do math! That would help!
Meanwhile, where are the feminists who are offended by the suggestion that these strong, adult women need Uncle Sam to ride up on his white horse and save them? Are we capable of making Big Girl Decisions, or aren’t we?
I don’t understand how anyone can expect the successful, female business owners to take responsibility for their unsuccessful, female colleagues… It doesn’t seem fair to put an undue burden on women entrepreneurs–in the name of “protecting” the hopelessly incompetent wannabes.
Furthermore, isn’t it kind of insulting for the article to imply that “Ashley” is representative of your typical American woman–and that any of the rest of us could just as easily slip and (whoops!) max out three credit cards buying spandex, the way she did?
Just let me know, reader.
Let me know if you think it’s time to call in the knights and have them slay the LuLaRoe dragon.