Attention Penny Forward supporters
We’re excited to bring you the latest installment of our Financial Sense¢ program, and this month, we’ve got an engaging and thought-provoking topic in store for you.
In a world where side hustles have become the norm, it’s essential to navigate the landscape with informed decisions. This month, we’re diving into the realm of direct selling and multilevel marketing, exploring the promises, pitfalls, and potential of these business models.
Join us as we unravel the fascinating history of multilevel marketing, from its disputed origins to the emergence of giants like Nutrilite, Avon, and Amway. These companies have offered individuals the tantalizing prospect of generating substantial income by marketing popular products to their network of friends and family.
Did you know that some renowned companies such as Avon, Electrolux, Tupperware, and Kirby initially embraced single-level marketing, only to later adopt multilevel compensation plans? This evolution prompts important questions about the effectiveness and ethical considerations of these compensation structures.
What to expect
During our session, we’ll delve into:
✅ The Pros and Cons of Direct Selling
✅ Multilevel Marketing: Fact vs. Fiction
✅ Real-life Experiences: Success Stories and Cautionary Tales
✅ Strategies to Safeguard Yourself from Scams
✅ Navigating the World of Side Hustles Wisely
Your voice matters! Whether you’ve had positive or negative encounters with direct selling, we want to hear your personal experiences. Together, we aim to learn from each other, discern the genuine opportunities from potential pitfalls, and equip ourselves with the knowledge to distinguish between legitimate ventures and fraudulent schemes.
Save the Date
Oct. 19, 2023.
7:30pm Eastern, 6:30pm Central, 5:30pm Mountain, 4:30pm Pacific.
We will be on zoom, Facebook Live, Youtube Live, and Clubhouse.
Send any comments or questions to…
Thank you for your interest in Penny Forward’s Financial Sense¢ program. By coming together to share our experiences, we can create a more inclusive and accessible financial system for all. We hope to see you on Oct. 19, for this important conversation.
The Penny Forward Team