Smart Money Happy Hour with Rachel Cruze and George Kamel cover image

Are MLMs Legit? (And Is the “Free” Luxury Car a Scam?)

Smart Money Happy Hour with Rachel Cruze and George Kamel

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How to Start a Small Business and Make Money

The Federal Trade Commission says failure and loss rates for MLMs are not comparable with legitimate small businesses. Less than 1% of MLM participants profit, according to the FTC. "You've got a 40% chance at success with a small business, a 1% chances at success with MLM," Ramsey said.

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