The Bitter Economics of MLM: The Most Successful

The video discusses Holly Chen, a top earner in Amway, highlighting her income sources and the broader implications of multi-level marketing (MLM) businesses. It examines the economic and social impact of MLMs, noting that a significant portion of income comes from seminars rather than direct sales. The video also presents statistics on MLM participation in the USA and compares potential earnings with other wealthy individuals. It concludes with a discussion on the social and legal aspects of MLMs, questioning their ethical standing.

Who is Holly Chen associated with in the MLM industry?

• Amway Corporation

• Herbalife

• Avon

• Mary Kay

What is the estimated percentage of the US population involved in MLMs?

• 2.5%

• 15%

• 5.5%

• 10%

How does the income of the top MLM earner compare to the general population?

• They earn the same as the average American

• They are among the top 100 richest in America

• They earn less than the average American

• They are among the top 20 richest in America

What is a common social issue associated with MLMs?

• Improved work-life balance

• Guaranteed financial success

• Pressure to buy unnecessary products

• Increased job security

What does the FTC's statement imply about MLMs?

• They are always legal

• They are illegal pyramid schemes

• Their legality is questionable

• They are endorsed by the government