The Bitter Economics of MLM’s
Multi level marketing companies are big business around the world and they have rightfully attracted much criticism for questionable business practice. Many have called them illegal pyramid schemes but today these companies continue to operate in most developed countries around the world and rake in billions of dollars in profit in any given year all with the blessing of local trade authorities.
So what are these businesses, lets park personal opinions on how annoying it is to be roped into one of these MLM meetings for the moment and asses the fundamental economics behind these businesses
I have tried to remain as fair and unbiased as possible in the video but the numbers really do not paint a pretty picture.
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