What is Multi-Level Marketing (MLM)?

The video explores multi-level marketing (MLM), a business model where agents sell products and recruit others to do the same, earning commissions from their recruits. While MLM promises high earnings, low start-up costs, and autonomy, the reality is often different, with many agents struggling to make significant income. The video discusses the legal and ethical aspects of MLM, highlighting the importance of due diligence before joining. It also provides indicators to identify MLM schemes, emphasizing caution when approached by friends or relatives with such opportunities.

What new insight or understanding did you gain from this video?