Date and Time
–
10/19/2023
Length
1 hour
Description
Oct. 19
This month’s Program
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.
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.