Episode 13: Income Disclosure Statements

In this bonus episode, I tackle the age old question of "How much can you make PER HOUR in MLM?" by analyzing 14 different MLM's Income Disclosure Statements, and using averages to find out. I take the annual average wages, divide by 12 to get the monthly figure, then divide by 80 hours a month for part time wages. I think the results may shock you. For comparison, we also talk about minimum wages, livable wages, living comfortably, and what the going rate for labor is in the US Prison System.

*I do say the wrong thing in this episode, stating I divided the monthly figure by 20 to get part time pay, but I meant to say "divide by 80" (20 hours x 4 weeks) so forgive me, because the math still checks out.*

Show Notes!

"Living Comfortably" : https://www.businessinsider.com/personal-finance/living-wage-income-to-live-comfortably-in-every-us-state

Prison Labor Wages : https://isps.yale.edu/news/blog/2013/10/time-to-reckon-with-prison-labor-0#

Livable Wage Info : https://livingwage.mit.edu/articles/61-new-living-wage-data-for-now-available-on-the-tool#

Lollipop Moments : https://www.ted.com/talks/drew_dudley_everyday_leadership?language=en

"What does an average MLM or Network Marketing Distributor make per year?" : https://www.mlminsider.com/articles/what-does-an-average-mlm-or-network-marketing-distributor-make-per-year

Ponzinomics by Robert L. FitzPatrick - https://amzn.to/3tWutRS

How can you help?

Report false income and health claims here: https://reportfraud.ftc.gov/

Or go to: https://www.truthinadvertising.org

You can also report to your state Attorney General's office! https://www.naag.org/find-my-ag/

Not in the U.S.? Go here: https://www.ftc.gov/policy/international/competition-consumer-protection-authorities-worldwide

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