2min chapter

Economics Explained cover image

The Bitter Economics of MLM

Economics Explained

CHAPTER

The Structure and Flaws of Multi-Level Marketing Companies

This chapter discusses how multi-level marketing companies work by offering referral incentives, but highlights that joining often leads to individuals becoming commission-only salespeople or retailers for a limited range of products. It emphasizes that most people lack the necessary sales skills and experience to be successful in this type of business.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode