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Multi-level Marketing (MLM) SCAMS Exposed! with Always Marco
Manage episode 371349111 series 2976294
Financial Advisor Jayson Thornton, CFP and @AlwaysMarco - REACT to MLM income claims and promotions. @AlwaysMarco Infiltrating A Pyramid Scheme: Primerica https://youtu.be/bDvoI-Zh7uA How to Avoid Multilevel Marketing and Pyramid Schemes - * Don’t be dazzled by claims of sky-high profits. * Watch for red flags, such as a promoter’s unwillingness to answer your questions. * Thoroughly check out any multilevel marketing program you’re looking at. An MLM business uses "consultants" to sell products or services to friends, relatives and acquaintances, and recruits other people to sell the same products or services. Among the best-known MLM companies are Amway—which sells home care, personal care, nutrition and beauty products—and Mary Kay Cosmetics. MLM is also known as direct marketing, network marketing or direct sales. Can You Make Money in Multilevel Marketing? Although the Direct Sales Association boasts that the average MLM participant made nearly $5,900 in retail sales in 2021, researchers and consumer advocates warn that most MLM participants don't earn a profit. In fact, an estimated 99% of MLM consultants end up losing money, according to the Federal Trade Commission-endorsed book "The Case (for and) Against Multilevel Marketing." Are you looking for ways to improve your financial life? If so, is the channel for you! On this channel we'll teach you how to live a successful life by learning how to save, payoff debt and invest. We'll start by explaining the basics of money management and financial planning, and then move on to more advanced topics like investing and retirement planning. Subscribing to Pocket Watching with JT and following his tips, you'll have everything you need to live a financially successful life. Got Money Questions? Ask JT https://forms.gle/uh4UTqS6Ad7majcs7 Pocket Watcher Academy https://pocketwatcher.teachable.com/p/home Pocket Watcher MERCH! https://pocketwatcher.myspreadshop.com/ Get a Personal Financial Plan! https://forms.gle/JepACZCMpmyUT1po6 Need Tax DEBT Help? https://forms.gle/XQpJLs2E7RrXNEz66 Book JT https://forms.gle/vNB7qCQQHqivnHgBA Call-In 515-602-9778 Book a consultation at https://www.pocketwatcher.net/ Call-In Financial Talk Show hosted by Financial Advisor Jayson M. Thornton, CFP. Pocket Watching with JT is all about giving you smart money tips to help you reach your financial goals! *Disclaimer* Financial Coaching during Livestreams is NOT personal financial advice, No CFP-Client relationship is established by calling into the show or submitting a question by email or text. Cash App $PocketWatcherJT email PocketWatcherJT@gmail.com Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner owned by POCKET WATCHER LLC
70 에피소드
Manage episode 371349111 series 2976294
Financial Advisor Jayson Thornton, CFP and @AlwaysMarco - REACT to MLM income claims and promotions. @AlwaysMarco Infiltrating A Pyramid Scheme: Primerica https://youtu.be/bDvoI-Zh7uA How to Avoid Multilevel Marketing and Pyramid Schemes - * Don’t be dazzled by claims of sky-high profits. * Watch for red flags, such as a promoter’s unwillingness to answer your questions. * Thoroughly check out any multilevel marketing program you’re looking at. An MLM business uses "consultants" to sell products or services to friends, relatives and acquaintances, and recruits other people to sell the same products or services. Among the best-known MLM companies are Amway—which sells home care, personal care, nutrition and beauty products—and Mary Kay Cosmetics. MLM is also known as direct marketing, network marketing or direct sales. Can You Make Money in Multilevel Marketing? Although the Direct Sales Association boasts that the average MLM participant made nearly $5,900 in retail sales in 2021, researchers and consumer advocates warn that most MLM participants don't earn a profit. In fact, an estimated 99% of MLM consultants end up losing money, according to the Federal Trade Commission-endorsed book "The Case (for and) Against Multilevel Marketing." Are you looking for ways to improve your financial life? If so, is the channel for you! On this channel we'll teach you how to live a successful life by learning how to save, payoff debt and invest. We'll start by explaining the basics of money management and financial planning, and then move on to more advanced topics like investing and retirement planning. Subscribing to Pocket Watching with JT and following his tips, you'll have everything you need to live a financially successful life. Got Money Questions? Ask JT https://forms.gle/uh4UTqS6Ad7majcs7 Pocket Watcher Academy https://pocketwatcher.teachable.com/p/home Pocket Watcher MERCH! https://pocketwatcher.myspreadshop.com/ Get a Personal Financial Plan! https://forms.gle/JepACZCMpmyUT1po6 Need Tax DEBT Help? https://forms.gle/XQpJLs2E7RrXNEz66 Book JT https://forms.gle/vNB7qCQQHqivnHgBA Call-In 515-602-9778 Book a consultation at https://www.pocketwatcher.net/ Call-In Financial Talk Show hosted by Financial Advisor Jayson M. Thornton, CFP. Pocket Watching with JT is all about giving you smart money tips to help you reach your financial goals! *Disclaimer* Financial Coaching during Livestreams is NOT personal financial advice, No CFP-Client relationship is established by calling into the show or submitting a question by email or text. Cash App $PocketWatcherJT email PocketWatcherJT@gmail.com Follow ig @JTPocketWatcher Twitter @JTPocketWatcher Certified Financial Planner owned by POCKET WATCHER LLC
70 에피소드
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