Multi-level marketing (MLM) is a $36 billion industry, but according to AARP, 73% of people who participate in MLMs make no money or lose money.
So what’s the appeal? Why do people keep coming back with such a high failure rate?
Today, Andy talks to Melissa Blevins from the Perfection Hangover about the two MLMs she took part in to make some extra money while staying at home with the kids and how she ended up losing money.
We talk about what MLMs are all about, Melissa’s personal experiences and her current side hustle (that has become more profitable for her).
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Marriage Kids and Money: Personal Finance for Families